Welcome to “Epoch V” of Bitcoin. The fourth successful halving of Bitcoin occurred on April 20, marking a programmed reduction in the amount of new bitcoin entering circulation through mining. As celebrations ensue worldwide, attention turns to what lies ahead. Coinciding with the halving was the launch of Runes, a protocol facilitating the creation of meme coins on Bitcoin. This…
Month: April 2024
Bitwise: Bitcoin Will Have ‘a Great Next 12 Months’
Bitwise Asset Management expects bitcoin to have a great next 12 months. A Bitwise researcher has explained that the cryptocurrency will likely continue to test its “higher highs” this year and next. He considers regulatory risk to be the primary concern for bitcoin. ‘I Think We’re Just Getting Started’ Bitwise Asset Management has reaffirmed its […] Source: https://news.bitcoin.com/bitwise-bitcoin-will-have-a-great-next-12-months/
Robert F. Kennedy Jr. Vows to Put the US Budget on Blockchain
Independent candidate for U.S. President Robert F. Kennedy Jr. said on Sunday that blockchain tech could play a key role in making the government more transparent—calling for a Web3 makeover of the federal budget. “I’m going to put the entire U.S. budget on [the] blockchain, so that […] every American can look at every budget item in the entire budget…
Apecoin Rebounds 4.6% Amid NFT Launchpad and DEX Proposal
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The Apecoin ecosystem, linked to the Bored Ape Yacht Club (BAYC) NFT collection, has been struggling. Despite recent Bitcoin-led bullish trends in the crypto market, Apecoin…
Thailand to Block Unauthorized Crypto Platforms for Local Users
In a bid to prevent the illicit use of cryptocurrency for money laundering, Thailand’s Securities and Exchange Commission (SEC) announced plans to block local access to unauthorized crypto platforms. Investors are urged to withdraw funds from such platforms as authorities move to restrict their operations. Following a meeting with a government committee on technology-related crimes, the SEC was tasked with…
Democracy Fails Without Cryptocurrency
Amidst a decline in traditional democratic structures and financial systems, cryptocurrencies emerge as a revitalizing force, offering a new form of accountability and transparency that could potentially restore public institutions. Cryptocurrency Might Be the Last Hope for a Crumbling Democratic System It’s become clear that democracy is in trouble, especially after the scale of disasters […] Source: https://news.bitcoin.com/democracy-fails-without-cryptocurrency/
Grayscale’s Bitcoin ‘Mini-Me’ Trust Will Undercut Fellow ETFs With Lowest Fees
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports After months and billions of dollars in withdrawals from its long-running Grayscale Bitcoin Trust (GBTC), Grayscale is prepping a new Bitcoin exchange-traded fund (ETF) with the…
Stablecoin Supply Surges to Near Two-Year High Amid USDe Decline
The total supply of USD-pegged stablecoins has soared to $165 billion, reaching its highest level in almost two years as new tokens flood the market, intensifying competition. Ethena’s USDe stablecoin, with a market cap of around $2.4 billion, has contributed to this growth, stabilizing the market at its current level. This milestone, achieved last Thursday, reflects a significant uptick in…
FTX Will Auction Off the Rest of Its Locked Solana Tokens
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The bankruptcy estate of defunct cryptocurrency exchange FTX has decided to offer its remaining locked Solana (SOL) tokens at auction in hopes of recovering a higher…
Bitcoin Miners Eye AI Amid Post-Halving Shift
In the wake of the recent Bitcoin halving, miners are contemplating a transition towards artificial intelligence (AI) to potentially boost their revenue streams, according to a report by CoinShares. The halving event, which occurred recently, is expected to significantly increase costs for miners, with electricity and overall production expenses nearly doubling. To counter these rising costs, mining companies are exploring…