Just 1% of United States adults reported using crypto for payment or to send money in 2023. Source: https://cointelegraph.com/news/american-adult-crypto-use-dropped-2023-fed-survey
Month: May 2024
President Biden campaign team is hiring a master of memes
The successful candidate will be responsible for “engaging the internet’s top content and meme pages.” Source: https://cointelegraph.com/news/president-biden-campaign-team-hiring-meme-expert
CNBC Fast Money trader says Solana ETFs ’probably’ next, sparking debate
CNBC contributor and crypto investor Brian Kelly said Solana is one of the “big three” coins, meaning it’s likely to be the next to receive ETF treatment. Source: https://cointelegraph.com/news/cnbc-guest-sees-solana-etfs-next-sparking-debate
Metaplanet Shares Soar 158% on Bitcoin Strategy, Triggering Consecutive Trading Halts
Trading in Metaplanet’s stock was halted for two consecutive days by the Tokyo Stock Exchange due to a significant price surge, following the company’s adoption of a bitcoin investment strategy similar to Microstrategy’s, which led to a 158% increase in its share price over the last week. The company’s stock price rally, which rose 127% […] Source: https://news.bitcoin.com/metaplanet-shares-soar-158-on-bitcoin-strategy-triggering-consecutive-trading-halts/
Nvidia doubles down on AI future as stock market cap tops $2.5T
The semiconductor giant plans to accelerate its AI chip production cycle following a bumper revenue report driven by AI data centers. Source: https://cointelegraph.com/news/nvidia-doubles-down-on-ai-market-cap-tops-2-5-trillion
Hong Kong Regulator: Worldcoin Activities Violated Privacy Ordinance
The Hong Kong data regulator recently concluded that Worldcoin’s data collection methods and activities violated the region’s “privacy ordinance.” Privacy Commissioner Chung Liling has issued an enforcement notice requesting Worldcoin to cease data collection from Hong Kong residents. Worldcoin’s Excessive Data Collection Methods An investigation by the Hong Kong Office of the Privacy Commissioner for […] Source: https://news.bitcoin.com/hong-kong-regulator-worldcoin-activities-violated-privacy-ordinance/
Bitcoin return to $73K could be a start to ‘escape velocity’ phase — Analyst
A return to the $73,000 price range for BTC will likely be met with short-term holder resistance but could also mark a turning point for the asset. Source: https://cointelegraph.com/news/bitcoin-price-surge-indicators-crypto-analyst-james-check
FIT21 crypto bill passes US House: Here’s what could happen next
The crypto-regulating bill is headed to a cloudy future in the Senate with no companion bill and faces one of the country’s most prominent crypto critics. Source: https://cointelegraph.com/news/crypto-bill-fit21-passes-house-heads-to-senate
South African Prosecutors Set to Pursue Collapsed Pyramid Scheme Co-Conspirators
South African prosecutors are reportedly investigating co-conspirators of Mirror Trading International and may charge them with fraud or forgery. The declaration of the scheme as unlawful may have strengthened the National Prosecuting Authority’s case against the masterminds of Mirror Trading International. MTI Directors May Face Charges Under the Prevention of Organized Crime Act South Africa’s […] Source: https://news.bitcoin.com/south-african-prosecutors-set-to-pursue-collapsed-pyramid-scheme-co-conspirators/
‘Asia’s MicroStrategy’ Metaplanet smashes all other Japanese stocks
Trading in Metaplanet’s stock was halted for two straight days under Tokyo Stock Exchange rules as its shares rocketed over the last week. Source: https://cointelegraph.com/news/asia-micro-strategy-metaplanet-smashes-all-other-japanese-stocks