The Bitcoin mining firm also blamed “unusually cold temperatures” at its Rio Cuarto facility in Argentina for the fall in Bitcoin production. Source: https://cointelegraph.com/news/bitfarms-bitcoin-mining-revenue-falls-forty-percent-after-halving
Month: June 2024
Iggy Azalea Goes Full Solana With Mad Lads PFP as MOTHER Nears $90 Million Market Cap
Rapper Iggy Azalea’s MOTHER token on Solana saw a spark of trading demand over the weekend, surging to an all-time high price on Saturday—just days after it launched. And the musician, who has been broadly embraced by Crypto Twitter, continued her constant tweeting with a familiar-looking profile picture (PFP) in tow. Azalea started rocking a custom Mad Lads PFP on…
Coinbase Raises Fairshake Super PAC Fund by $25M to Push Crypto Legislation
Coinbase CEO Brian Armstrong has outlined the optimal strategy to achieve regulatory clarity for the crypto sector in the U.S. The executive emphasized the necessity of electing pro-crypto candidates, highlighting Stand With Crypto’s 900,000 advocates and their impact on key legislative votes. Armstrong also mentioned Coinbase’s recent $25 million contribution to the Fairshake Super PAC, […] Source: https://news.bitcoin.com/coinbase-raises-fairshake-super-pac-fund-by-25m-to-push-crypto-legislation/
Global AI Adoption Hits 72%, Generative AI Use Doubles in 2024: Report
More than seven out of 10 of businesses and organizations around the world are using artificial intelligence, a new study by the global management consulting firm McKinsey has found, a significant increase from the approximately 50% adoption rate observed a year ago. In a survey of more than 1,363 respondents, 72% said their organizations had adopted some form of AI…
Liquidators of South African BTC Scam Allocate Nearly 40% of Recovered Funds to Legal Fees and Taxes
Out of the approximately $60 million (ZAR1.1 billion) that was recovered to pay back victims of the collapsed bitcoin investment platform Mirror Trading International (MTI), only $34.3 million remains. Court documents reportedly state that liquidators have used the recovered funds to pay an outstanding tax liability of $15.2 million and legal fees of $7.78 million. […] Source: https://news.bitcoin.com/liquidators-of-south-african-btc-scam-allocate-nearly-40-of-recovered-funds-to-legal-fees-and-taxes/
FOMO HOUR 128 – PUMP DOT FUN KEEPS PUMPING!
FOMO HOUR 128 – PUMP DOT FUN KEEPS PUMPING! Crypto nears break-out then falls on Trump verdict. 13 straight days of BTC ETF inflows, BTC whale accumulation ‘echoes 2020’. Crypto apps next year will onboard millions: Burniske. Elon denies talking crypto policy with Trump. RFK has bought 21 BTC during campaign. TON market cap falls after updating supply data. a16z…
FOMO HOUR 129 – ROARING RETURNS, AGAIN!
FOMO HOUR 129 – ROARING RETURNS, AGAIN! Crypto bounces, BTC breaks 2-week downtrend. BTC low volatility points to trend continuation. BTC will top at $150k in September 2025: Brandt. $3bn ETH withdrawn from exchanges since ETF. ETH ETF inflows imply ‘base case’ price $5.3k. ETH ETF inflows won’t be like BTC: Fireblocks. BTC logo projected on ECB building. Ethena USDe…
‘Bitcoin Fixes This’: Bitcoiners Take Aim at Berkshire Hathaway Amid Stock Glitch
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 Bitcoin fans had a laugh at Berkshire Hathaway CEO Warren Buffett on Monday after the billionaire investor’s company seemingly crashed 99% in value. At 9:49 am…
Chainlink co-founder notes importance of oracle networks following NYSE glitch
Sergey Nazarov explained how Chainlink could remedy centralized points of failure inherent in centralized information processing systems. Source: https://cointelegraph.com/news/chainlink-co-founder-importance-oracle-networks-nyse-glitch
Sleeping Bitcoins Worth $13.87M Move After 11 Years, Transfer Exposes 2013 Whale
According to data from June 3, an entity with eight wallets created in 2013 moved 200 BTC valued at $13.87 million after the funds remained untouched for over 11 years. If sold today, the value of these bitcoins has increased by 197,785% since their acquisition. Spending 200 Bitcoin Unveils Previous Transactions From 2013 On Monday, […] Source: https://news.bitcoin.com/sleeping-bitcoins-worth-13-87m-move-after-11-years-transfer-exposes-2013-whale/