With bitcoin exceeding $70,000 on Wednesday, the leading meme coins experienced notable increases over the last 24 hours. Shiba inu (SHIB) advanced 7.7% in the past day, while dogecoin (DOGE) rose 2.1%. Among the top five meme coins by market capitalization, floki (FLOKI) saw a 21.2% increase over the past day. However, BODEN emerged as […] Source: https://news.bitcoin.com/meme-coin-market-rises-4-6-with-presidential-meme-token-boden-leading-the-pack/
Month: June 2024
63 US banks on the brink of insolvency: Why Bitcoin's next target is $100K
Bitcoin price may be closer to the big milestone $100,000 mark than many realize as a looming banking crisis could see BTC become the new “safe haven asset.” Source: https://cointelegraph.com/news/63-banks-brink-insolvency-bitcoin-target-100k
Former OpenAI researcher foresees AGI reality in 2027
Former OpenAI researcher Leopold Aschenbrenner is confident that an AI lab will be able to train a GPT-4-level model in a minute in 2027, versus three months in 2023. Source: https://cointelegraph.com/news/agi-realism-by-2027-aschenbrenner
US Spot Bitcoin ETFs Record Second-Highest Inflows at $886.6M, Led by Fidelity’s FBTC
On June 4, 2024, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second-largest day of inflows since their launch in January. The inflows totaled approximately $886.6 million, with Fidelity’s FBTC leading, capturing $379 million on Tuesday. U.S. Spot Bitcoin ETFs Secure Over $61 Billion in BTC Holdings Spot bitcoin ETFs have been experiencing daily inflows […] Source: https://news.bitcoin.com/us-spot-bitcoin-etfs-record-second-highest-inflows-at-886-6m-led-by-fidelitys-fbtc/
Ethereum Wallet MetaMask Now Lets You Launch Crypto Games—Here’s How
Leading Ethereum wallet MetaMask now offers the ability to launch games directly from its MetaMask Portfolio interface via a new integration with crypto gaming store HyperPlay. The team-up puts a dedicated games directory within MetaMask Portfolio, a decentralized app (dapp) that lets you manage the assets in your wallet and interact with other apps. That makes it easy for users…
M^0 secures $35M Series A round for stablecoin issuance network
As part of the fundraising, M^0 has deployed its core protocol and on-chain governance mechanism on the Ethereum mainnet. Source: https://cointelegraph.com/news/m-0-35-million-funding-stablecoin-issuance-network
Coinbase Debuts Smart Wallet, Gunning to Bring 1 Billion Users to Crypto
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 Top U.S. crypto exchange Coinbase today unveiled its promised Smart Wallet, a product it says it designed to reduce hurdles for new users looking to get…
CBDC privacy concerns and ‘lack of purpose’ stall progress: 4 out of 167 live
Government interest in CBDCS was a knee-jerk reaction to the popularity of crypto and the rise of private stablecoins. Source: https://cointelegraph.com/news/cbdc-privacy-progress-adoption
Switzerland takes a ‘tech neutral’ approach to AI regulations
As the world races to regulate high-level AI systems, Switzerland is taking a more “tech natural” approach focusing on sector-based use cases, while still having a major voice on the global stage. Source: https://cointelegraph.com/news/switzerland-tech-neutral-ai-regulations
Bitcoin Must Hit $84,740 to Match Silver’s Market Cap, Over $800,000 to Surpass Gold
Bitcoin has climbed past $70,000 and is now the world’s ninth-largest asset by market capitalization, among many publicly traded companies and precious metals. Despite overtaking silver’s market value in March, the leading cryptocurrency must reach $84,740 per coin to match silver’s current $1.67 trillion valuation. Bitcoin Is Now in 9th Place Among the World’s Largest […] Source: https://news.bitcoin.com/bitcoin-must-hit-84740-to-match-silvers-market-cap-over-800000-to-surpass-gold/