Crypto miner IREN, formerly known as Iris Energy, fell 24% on the Nasdaq following a short-seller report. Source: https://cointelegraph.com/news/bitcoin-miner-iren-falls-24-percent-after-short-seller-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: July 2024
New Senate Bill Targets AI Deepfakes, Calls for Content Watermarks
A the latest bid to curb AI-generated deepfakes, a bipartisan group of U.S. senators led by Washington Senator Maria Cantwell announced on Thursday the introduction of the Content Origin Protection and Integrity from Edited and Deepfaked Media (COPIED) Act. The COPIED Act calls for a standardized method to watermark AI-generated content so that it can be easily detected. It also…
Bitcoin index falls to ‘extreme fear’ as BTC fails twice to breach $60K
Bitcoin’s fear and greed index has tumbled to “extreme fear” for the first time since January 2023, as BTC struggles to reclaim a crucial price level. Source: https://cointelegraph.com/news/bitcoin-price-fear-greed-index-falls-extreme-fear-btc-fails-break-60k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How Web3 is Revolutionizing Water Access in Rural India
The Crypto Council for Innovation has highlighted the positive impact of web3 in rural India through a case study that demonstrated improved water access. Decentralized solutions, like those implemented by Atlantis DAO, are transforming water availability and creating economic opportunities in drought-prone regions. Over 80% of participants reported better access to clean water, and new […] Source: https://news.bitcoin.com/how-web3-is-revolutionizing-water-access-in-rural-india/
Several Tailwinds Could Push Bitcoin to $100,000 This Year as US Inflation Cools
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 The crypto market’s recent correction presents an opportunity for long-term investors, with key tailwinds that could propel Bitcoin to $100,000 by year-end. That’s according to Matt…
Crypto Support Surges Among GOP Voters, Poll Finds
A poll conducted by research-driven technology investment firm Paradigm in June, published on Thursday, has revealed that Republicans strongly support financial freedom through cryptocurrency and oppose centralized control, such as central bank digital currencies (CBDCs). Political candidates defending crypto, such as Sam Brown, Dave McCormick, and Bernie Moreno, enjoy significant GOP (Republican Party) support. Notably, […] Source: https://news.bitcoin.com/crypto-support-surges-among-gop-voters-poll-finds/
JPMorgan Expects Crypto Market Recovery Beginning in August
Global investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin liquidations by Mt. Gox creditors and the German government’s seized asset sales as contributing factors. JPMorgan’s analysts believe this revised net flow will stabilize the […] Source: https://news.bitcoin.com/jpmorgan-expects-crypto-market-recovery-beginning-in-august/
Goldman Sachs Boosts Crypto Services Amid Interest Surge — Plans 3 New Tokenization Projects
Goldman Sachs is expanding its crypto services, focusing on tokenizing assets. The global investment bank plans to launch three tokenization projects by year’s end. Goldman Sachs continues to see client interest, aiming to innovate investment methods and broaden its crypto product suite. Goldman Sachs Expands Crypto Services Amid Growing Institutional Interest Goldman Sachs is enhancing […] Source: https://news.bitcoin.com/goldman-sachs-boosts-crypto-services-amid-interest-surge-plans-3-new-tokenization-projects/
Elon Musk Wants to Colonize Mars With His Tech—And Genes: Report
SpaceX CEO Elon Musk has frequently expressed his desire to build a colony on Mars, but how this gargantuan feat would be accomplished remains unclear. Beyond the massive technical lift, populating such an outpost once humans arrived on the red planet is another challenge. One option Musk has proposed, according to a Thursday report by The New York Times, is…
US lawmaker asks Congress to treat Binance exec in Nigeria as a ‘hostage’
Rep. Rich McCormick called on the US government to formally declare Tigran Gambaryan as a hostage if his criminal case in Nigeria was not resolved by mid-July. Source: https://cointelegraph.com/news/us-lawmaker-congress-binance-exec-nigeria-hostage?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound