Mudit Gupta from zkSync rival Polygon said the ZK token airdrop could be the most “farmed airdrop ever,” claiming it lacks anti-bot measures. Source: https://cointelegraph.com/news/zksync-token-airdrop-criticism-sybil-vulnerabilities
Month: June 2024
How to generate passive crypto income with masternodes
Masternodes enable investors to earn a steady passive income by contributing a vast amount of computing power to a blockchain network. Source: https://cointelegraph.com/news/how-to-generate-passive-crypto-income-with-masternodes
‘Vast majority’ of ETF flows could be driven by arbitrage: Raoul Pal
Retail investors are not a “key driver” of spot Bitcoin ETFs, with a majority of inflows coming from arbitrage trading hedge funds, according to Raoul Pal. Source: https://cointelegraph.com/news/majority-bitcoin-etf-flows-are-hedge-funds-says-raoul-pal
Trump hosts Bitcoin mining executives at Florida residence
Executives from the U.S. Bitcoin mining industry pitched the presidential candidate on how they could strengthen the electrical grid and create new jobs. Source: https://cointelegraph.com/news/trump-bitcoin-miners-meet-latest-show-of-industry-support
Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet
Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding round. Led by Electric Capital, the funds will be used to improve the functionality of already existing products and take Fuse to the market. Squads […] Source: https://news.bitcoin.com/squads-labs-raises-10-million-in-series-a-round-launches-fuse-smart-wallet/
BTC average change in retail demand falls to 5-month low, could a 75% rally be next?
The average monthly change in Bitcoin retail demand has waned over the last month, with one analyst noting it could be a precursor to a price surge seen earlier this year. Source: https://cointelegraph.com/news/bitcoin-average-retail-demand-falls-five-month-low-possible-rally-precursor
Tuttle Capital’s latest ETF aims to copy Congress’ stock picks
Tuttle Capital is using U.S. lawmakers’ mandatory stock disclosure filings to back the strategy of its newly proposed ETF. Source: https://cointelegraph.com/news/tuttle-capital-etf-copies-congress-stock-buys
UBS Recommends Buying Gold Dips Amid Economic Uncertainty
The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends purchasing gold during price dips rather than selling. Recently, gold prices fell by over $80 per ounce due to strong U.S. payroll and earnings data, coupled with a rise in the 10-year U.S. Treasury yield and the […] Source: https://news.bitcoin.com/ubs-recommends-buying-gold-dips-amid-economic-uncertainty/
Japanese Corporation Metaplanet Acquires More Bitcoin, Stock Price Soars
Metaplanet, a publicly traded corporation on the Tokyo Stock Exchange, has announced an investment of 23.351 bitcoins, with an average purchase price of 10,706,180 yen per BTC, totaling 250 million yen ($1.6 million). The company now holds 141.0727 bitcoins, with an average purchase price of 10,278,391 yen per BTC, amounting to a total aggregated purchase […] Source: https://news.bitcoin.com/japanese-corporation-metaplanet-acquires-more-bitcoin-stock-price-soars/
Elon Musk drops lawsuit against OpenAI CEO Sam Altman
Musk’s decision came one day before a federal judge was set to decide whether to dismiss the case or allow it to proceed to the next stage. Source: https://cointelegraph.com/news/elon-musk-drops-lawsuit-against-openai-sam-altman