Since the good old days when anyone could successfully mine Bitcoin on their PCs are long gone, the entire industry has undergone a significant transformation. Growing competition from larger mining entities has gradually made individual mining more challenging, even for those who managed to stay afloat. Another significant factor that dramatically altered the Bitcoin mining […] Source: https://news.bitcoin.com/gomining-unwrapped-how-mining-btc-with-nfts-works/
Month: July 2024
Crypto needs to remove friction for the next billion users: Coinbase
Consumer apps could be another pathway toward mass crypto adoption, according to Coinbase’s senior director of engineering. Source: https://cointelegraph.com/news/crypto-remove-friction-next-billion-users-coinbase?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Senator Marsha Blackburn Now Accepting Bitcoin Donations, Following Trump
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 In a move signaling the growing acceptance of cryptocurrencies in the political sphere, Republican Senator Marsha Blackburn has announced that her reelection campaign will now accept…
Moonpay Partners With Mesh to Enhance Crypto Accessibility
Moonpay has announced a new partnership with Mesh, aimed at simplifying the process of depositing and transferring crypto assets from centralized exchanges. This collaboration seeks to enhance liquidity and accessibility for users across the crypto industry. Moonpay and Mesh Partner to Expand Crypto Payment Options Moonpay, a leading provider of fiat-to-crypto services, has teamed up […] Source: https://news.bitcoin.com/moonpay-partners-with-mesh-to-enhance-crypto-accessibility/
TON and Polygon team up to launch TAC, a new Ethereum L2
TON and Polygon Labs say the L2 integration will bring a range of new applications, including DeFi and GameFi, to users of the TON ecosystem. Source: https://cointelegraph.com/news/ton-polygon-launch-new-ethereum-l2-tac?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Telegram-Linked TON Will Connect to Ethereum Ecosystem via Layer-2 Network
The Open Network (TON), the blockchain that’s closely tied to popular messaging app Telegram, is getting its first layer-2 scaling network in a collaboration with Polygon Labs. The TON Applications Chain (TAC) is being designed as a connection to the Ethereum ecosystem, utilizing Polygon’s Chain Development Kit (CDK) and AggLayer interoperability protocol to enable Ethereum Virtual Machine (EVM) applications to…
Ethereum's future hinges on interoperable layer-2s
Ethereum layer-2 fragmentation may require a ZKP fix in the future, but interoperable L2s are the surest fix in the meantime. Source: https://cointelegraph.com/news/ethereum-future-hinges-interoperable-layer-2s?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks Evidence
Analysts from Citi, the American multinational investment bank and financial services corporation, predict the U.S. Federal Reserve will begin reducing rates by September, totaling a 200 basis points (bps) cut over the next eight Federal Open Market Committee (FOMC) meetings. Nevertheless, Federal Reserve Chair Jerome Powell stated on Tuesday that additional progress is required before […] Source: https://news.bitcoin.com/citi-analysts-predict-8-weeks-of-fed-rate-cuts-starting-in-september-powell-seeks-evidence/
BTC price taps $58K as vital Bitcoin bull market trendline reemerges
Bitcoin shrugs off the latest round of German government onchain transactions, but BTC price resistance trendlines stay out of reach. Source: https://cointelegraph.com/news/btc-price-taps-58k-vital-bitcoin-bull-market-trendline-reemerges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Sentencing for ex-FTX execs set for October, November
Former FTX executives Nishad Singh and Gary Wang, who both testified at Sam Bankman-Fried’s criminal trial, are scheduled to be sentenced later this year. Source: https://cointelegraph.com/news/ftx-nishad-singh-gary-wang-court-sentencing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound