Bitcoin long-term holders are doing their best to avoid profit-taking despite sitting on BTC worth several times its purchase value. Source: https://cointelegraph.com/news/bitcoin-cut-selling-by-nearly-50-73-8-k-research
Month: May 2024
US Bitcoin ETFs Achieve $45 Million Inflows, Blackrock’s IBIT Still Trails GBTC in BTC Holdings
U.S. spot bitcoin exchange-traded funds (ETFs) saw another day of inflows on Tuesday, marking the 11th consecutive day of gains. Despite reports suggesting Blackrock’s IBIT holds more bitcoin than Grayscale’s GBTC, IBIT’s official website shows the fund still needs 322.28 BTC to surpass GBTC. While the web portal was updated on May 28, there may […] Source: https://news.bitcoin.com/us-bitcoin-etfs-achieve-45-million-inflows-blackrocks-ibit-still-trails-gbtc-in-btc-holdings/
Blockchain can help eliminate cybercrime threats
Cybercrime is a growing scourge that shows no signs of slowing down anytime soon without a serious game changer to stem the tide. Source: https://cointelegraph.com/news/blockchain-reducing-cybercrime-2024
AI today is like the internet in 1988: Salesforce AI CEO
The AI industry could be on the brink of a significant breakthrough, according to Salesforce AI’s Clara Shih. Source: https://cointelegraph.com/news/ai-today-like-internet-1988-salesforce-ceo
PayPal expands PYUSD to Solana, targets payment use cases
PayPal’s PYUSD stablecoin is now available on Solana and Ethereum, offering a chain-agnostic experience for its users. Source: https://cointelegraph.com/news/paypal-expands-pyusd-solana-payment-use-cases
Pessimistic proofs: ZK tech’s next step or mere cynicism?
Succinct Labs and Polygon Labs introduce pessimistic proofs via SP1 zkVM, enhancing cross-chain security and simplifying ZK development. Source: https://cointelegraph.com/news/zk-tech-pessimistic-proofs-sp1-zkvm
Blockchain Futurist Conference Coming Together with Emerald to Elevate Canadian Show and Expand to US in 2025
PRESS RELEASE. Toronto [May 29, 2024] Blockchain Futurist Conference is coming together with Emerald, America’s largest producer of business-to-business trade shows, and their associated conferences, content and commerce, to grow the Canadian show and expand to the US Market. As Canada’s largest and longest-running Web3 event, Blockchain Futurist Conference has been a cornerstone of the […] Source: https://news.bitcoin.com/blockchain-futurist-conference-coming-together-with-emerald-to-elevate-canadian-show-and-expand-to-us-in-2025/
Crypto market to hit $200T within 10 years — Animoca co-founder
Animoca’s Yat Siu believes Asia is the fastest-growing Web3 market, while jurisdictions like the U.S. are lagging behind. Source: https://cointelegraph.com/news/crypto-market-200t-growth-yat-siu-prediction
Dormant Bitcoin Address Awakens After a Decade, Moves $9.8 Million in BTC
May has emerged as a notable month for ‘sleeping bitcoin’ transactions, with a long-dormant address, inactive for ten years and six months, awakening on May 28 to move 145.89 BTC, valued at $9.8 million. Over $109 Million in Bitcoin From 2013 Moved in May After a much quieter April, May has witnessed numerous dormant bitcoin […] Source: https://news.bitcoin.com/dormant-bitcoin-address-awakens-after-a-decade-moves-9-8-million-in-btc/
Iggy Azalea’s MOTHER memecoin triumphs over scandal-ridden IGGY
The Aussie artist launched her own memecoin as she distanced herself from the scandal-tainted project bearing her name. Source: https://cointelegraph.com/news/iggy-azalea-memecoin-mother-sahil-arora