The 200 million user mark represents over a third of all cryptocurrency holders worldwide. Source: https://cointelegraph.com/news/binance-200-m-users-100-b-assets-under-custody
Month: June 2024
Bitmex Founder Arthur Hayes Advises to ‘Go Long on Bitcoin’ as G7 Central Banks May Slash Rates
Arthur Hayes, the founder and former CEO of Bitmex, recently shared his insights on the future of global financial markets in a blog post. Hayes delves into the impact of central bank policies on the global economy, emphasizing the role of interest rates and inflation targets. Bitmex Founder’s Perspective on Global Finance and Bitcoin In […] Source: https://news.bitcoin.com/bitmex-founder-arthur-hayes-advises-to-go-long-on-bitcoin-as-g7-central-banks-may-slash-rates/
Roaring Kitty’s GME shares hit $1B, BTC open interest soars, and other news: Hodler’s Digest, June 2-8
GameStop trader Roaring Kitty sees his GME stake rise to $1 billion, Bitcoin open interest spikes and new U.S. laws target digital assets. Source: https://cointelegraph.com/magazine/roaring-kittys-shares-1b-gme-rally-btc-open-interest-soars-hodlers-digest-june-2-8/
What are validiums, and how do they work?
Validiums use zero-knowledge proofs to ensure the validity of transactions without revealing private data. Source: https://cointelegraph.com/explained/what-are-validiums-and-how-do-they-work
Allegations of ‘Rug Pull’ Arise After Gemholic Team Withdraws $3.5M in Previously Locked ETH
On June 7, the team behind the Zksync project Gemholic withdrew 921 previously locked ethereum tokens in a suspected rug-pulling incident. The Gemholic team executed the theft despite reportedly completing the blockchain security firm Solidproof’s Know Your Customer (KYC) process. Zksync’s v24 Upgrade The layer two (L2) Ethereum blockchain scaling protocol, Gemholic, faced allegations of […] Source: https://news.bitcoin.com/allegations-of-rug-pull-arise-after-gemholic-team-withdraws-3-5m-in-previously-locked-eth/
Blackrock’s IBIT Leads as US Spot Bitcoin ETFs Enjoy 19th Day of Inflows
U.S. spot bitcoin exchange-traded funds (ETFs) marked their 19th straight day of inflows on Friday, gathering $130.99 million. Blackrock’s IBIT was once again at the forefront, with net inflows amounting to $168 million. Consistent Inflows for U.S. Spot Bitcoin ETFs The inflow trend for U.S. spot bitcoin ETFs continued, adding another day of positive movement. […] Source: https://news.bitcoin.com/blackrocks-ibit-leads-as-us-spot-bitcoin-etfs-enjoy-19th-day-of-inflows/
Why Ethereum Layer-2 Network Taiko Is Spending $100K Daily on Blobs
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 An Ethereum layer-2 network named Taiko is dominating the market for so-called blobs, or dedicated data storage for Ethereum scalers—but those endeavors are resulting in tens…
Apple supercharging Siri and iOS with ‘Apple Intelligence’ and OpenAI
Social media and tech news pundits haven’t responded positively to the nomenclature. Source: https://cointelegraph.com/news/apple-supercharging-siri-ios-apple-artificial-intelligence-open-ai
Roaring Kitty Livestream Draws 700,000 Viewers Despite Gamestop’s Plunge
On Friday, the prominent investor Keith Gill, known by his online alias “Roaring Kitty,” conducted a livestream, arriving 25 minutes late and covered in bandages. Gamestop shares tumbled 39.38% on Friday after being halted multiple times during his broadcast. Keith Gill’s Late Appearance and Bandaged Look Coincide with Gamestop’s Sharp Drop Meme stocks ended the […] Source: https://news.bitcoin.com/roaring-kitty-livestream-draws-700000-viewers-despite-gamestops-plunge/
Rising NFT Sales Highlight Market Recovery: $133M in Weekly Sales Recorded
During the week of June 1-8, 2024, non-fungible token (NFT) sales experienced an increase compared to the previous week. NFT sales reached $133.19 million, a rise of 7.51%. NFT Market Gains 7.51% This Week This week’s NFT sales showed a 7.51% increase after several weeks of decline. The seven-day sales totaled $133.19 million, involving nearly […] Source: https://news.bitcoin.com/rising-nft-sales-highlight-market-recovery-133m-in-weekly-sales-recorded/