Cryptocurrencies plunged deeper into correction territory on Tuesday, with bitcoin (BTC) dropping to nearly $66,000. This comes as traders brace for Wednesday’s key U.S. inflation report and Federal Reserve meeting. Bitcoin (BTC) started the day trading around $70,000 but fell to a three-week low of $66,170 during the U.S. session. It slightly rebounded to approximately $66,500 but remained down nearly…
Apple is taking a deep dive into AI with its new Apple Intelligence suite of features across iPhones, iPads, and Macs, including OpenAI’s ChatGPT in the mix—and a top exec says it relies on a “blockchain-ish” model to ensure user privacy. But what does that really mean? Following Apple’s keynote presentation, its Senior Vice President of Software Engineering Craig Federighi…
Jack McDonald will remain CEO of Standard Custody while also serving in his new role as senior vice president of stablecoins at Ripple. Source: https://cointelegraph.com/news/ripple-labs-closes-standard-custody-acquisition-deal
Polygon has announced a $1 billion Community Grants Program, set to roll out over the next ten years, aimed at supporting developers on its platform. This initiative promises to allocate about $100 million annually to fund innovative projects that enhance the Polygon and Ethereum ecosystems. Polygon Community Treasury to Release $1B in Grants Over the […] Source: https://news.bitcoin.com/polygon-unveils-1-billion-grant-program-to-foster-blockchain-development-over-next-decade/
PRESS RELEASE. Geneva, Switzerland, June 11, 2024 – With HackaTRON Season 6 coming to a close, the TRON DAO team, alongside HTX DAO, BitTorrent Chain (BTTC), and JustLend DAO hosted a series of innovations that has taken the blockchain landscape by storm. This season, participants redefined the digital landscape across multiple tracks. Web3, DeFi, Artistry, […] Source: https://news.bitcoin.com/tron-dao-announces-hackatron-season-6-qualifiers/
The meme coin sector has exploded to a staggering $60 billion market capitalization, reshaping the digital asset landscape and outperforming traditional crypto assets. Researchers Tanay Ved and Matías Andrade from Coinmetrics provide insights into the implications of this trend on networks like Ethereum and Solana. The Cultural Impact of Meme Coins on Crypto According to […] Source: https://news.bitcoin.com/coinmetrics-meme-coins-reshape-crypto-landscape-despite-centralized-token-holdings/
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 Moderators on GameStop hero Roaring Kitty-endorsed subreddit SuperStonk have had to issue a warning to its community to stop doxxing the meme stock influencer and his…
Web3 games build communities on Discord but Sky Mavis wants that to change, SocialFi is the key to increased game revenue, MetaRun review. Source: https://cointelegraph.com/magazine/socialfi-gaming-revenue-sky-mavis-discord-metarun-review-web3-gamer/
Three U.S. senators have urged Federal Reserve Chair Jerome Powell to cut interest rates, arguing that high rates stifle the economy and raise housing and auto insurance costs, which are key inflation drivers. They warn that prolonged high rates risk a recession and increased unemployment, calling for immediate rate cuts to stabilize the economy. Senators […] Source: https://news.bitcoin.com/us-senators-urge-federal-reserve-to-cut-interest-rates-warn-fed-policy-threatens-economy-risks-recession/
SushiSwap is now Sushi Labs, an autonomous company that replaces the ecosystem’s decentralized autonomous organization. Source: https://cointelegraph.com/news/sushiswap-replaces-dao-labs-model-multi-token-ecosystem
