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 ReportsIllustration by Mitchell Preffer for Decrypt. With a week left before Bitcoin‘s long-awaited halving event, the top coin’s price is down—down bad. Right now, it’s priced below…
Following criticism of Ethena’s USDE stablecoin, which brought back memories of the Terra blockchain’s Anchor protocol failure, Ethena backer Arthur Hayes introduced a risk tracker by intotheblock.com that monitors aspects like the token’s adherence to its U.S. dollar peg. Intotheblock.com’s Ethena Risk Radar Dashboard At the time of reporting, Ethena’s recently launched USDE stablecoin boasts […] Source: https://news.bitcoin.com/arthur-hayes-introduces-new-risk-radar-for-ethenas-usde-stablecoin/
The competition has notably intensified in recent months for the 2024 U.S. presidential election, as indicated by the prediction market platform Polymarket. Just two months ago, former President Donald Trump was ahead with a 52% lead, while incumbent Joe Biden was at 33%. Current figures from Polymarket still place Trump in the lead, albeit by […] Source: https://news.bitcoin.com/presidential-election-betting-surges-as-odds-tighten-on-polymarket/
Following the downturn in bitcoin’s price on Friday, the hashprice of bitcoin has declined from slightly above $119 per petahash per second to marginally over $116 per PH/s on a daily basis. Should the prices remain low leading up to the forthcoming halving event scheduled for next week, certain mining devices may only be viable […] Source: https://news.bitcoin.com/severe-impact-expected-for-miners-with-outdated-hardware-in-upcoming-bitcoin-halving/
Did you know that there are mobile games that pay real Bitcoin for playing? These are legit games that you can download from the iOS App Store or Android Play Store, and as you play the game and watch ads between rounds or levels, you’ll stack up satoshis (aka the smallest denomination of a Bitcoin). Granted, you’ll need to keep…
Around 70% to 80% of transactions in the crypto secondary market transactions occur between crypto assets and stablecoins. The South Korean government’s welcoming stance, coupled with the high popularity of crypto assets in the country, are among the reasons why the won is now the second most-used fiat currency. Decline in 2021/2 Crypto-to-Stablecoin Volumes According […] Source: https://news.bitcoin.com/study-finds-70-to-80-of-secondary-market-transactions-involve-crypto-and-stablecoins/
TON Society announced a proof-of-personhood program targeting Telegram users, who can voluntarily scan their palms in exchange for benefits. The organization allocated 1 million TON for this initiative, distributed among 500 million participants in the next 5 years after completing their palm verification using Humancode’s artificial intelligence (AI) biometric tech. TON Society Announces Digital Identification […] Source: https://news.bitcoin.com/ton-society-reveals-biometric-proof-of-personhood-palm-scanning-program/
The Paraguayan Senate has approved a resolution supporting selling the country’s energy surplus to crypto mining companies, given the price and guarantees that these institutions offer. The declaration criticizes the subpar agreements that sell energy to Brazil for 25% of the fees collected for mining activities, calling to direct this energy to 20 new contracts […] Source: https://news.bitcoin.com/paraguayan-senate-supports-selling-power-to-crypto-mining-companies-criticizes-subpar-energy-agreements-with-brazil/
A new Deutsche Bank survey found that over half of respondents expect cryptocurrencies to become an important asset class and a method of payment. In addition, 10% of respondents expect the price of bitcoin to be above $75,000 by year-end. Deutsche Bank’s Crypto Survey A recent Deutsche Bank survey of over 3,600 consumers, published this […] Source: https://news.bitcoin.com/deutsche-bank-survey-over-half-expect-crypto-to-become-important-asset-class-and-payment-method/
Blackrock, the world’s largest asset manager, shattered its record for assets under management (AUM), reaching a staggering $10.5 trillion. This financial behemoth also continues to dominate the U.S. spot bitcoin ETF market with its Ishares Bitcoin Trust (IBIT), which has amassed nearly 270K bitcoins. IBIT Has Amassed Nearly 270K Bitcoins Blackrock, the world’s largest asset […] Source: https://news.bitcoin.com/10-5-trillion-asset-manager-blackrocks-spot-bitcoin-etf-now-holds-270k-btc/
