Bitcoin is now the most dominant force in the crypto market, surpassing 53% of the total crypto market—stronger than it has been in three years. Bitcoin’s market cap now stands at $1.27 trillion, according to CoinGecko data. By contrast, crypto’s total market cap is $2.43 trillion, with 15.9% of the market occupied by Ethereum, worth $389 billion. The upward climb…
Ethereum’s Achilles heel is institutional adoption, scalability, and sustainable DApp ecosystem growth. Source: https://cointelegraph.com/news/what-needs-to-happen-for-ethereum-eth-price-to-reach-4k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Canva has announced its acquisition of Australian generative AI startup Leonardo.AI for an undisclosed amount. This move will help strengthen Canva’s generative AI offerings as it looks to take on brands like Adobe, Microsoft, and Google in the visual content creation space. Canva’s CEO Cameron Adams emphasized the significance of the acquisition, “This field is constantly evolving, and Leonardo.AI’s technical…
FOMO HOUR 169 – NEIRO HITS $100M! BTC ETFs: -$18m, ETH ETFs: +$34m. Mt. Gox move another $3bn BTC, prices stable. ETH ETFs see net inflow as Grayscale outflow slows. BTC exchange reserves hit multi-year low. XRP up 7% ahead of potential SEC settlement. UAE banks integrate crypto trading. Bybit integrates USDe with up to 20% yield. California DMV puts…
The pro-crypto Wyoming senator hopes the United States will purchase 5% of Bitcoin’s total supply as a strategic reserve asset. Source: https://cointelegraph.com/news/sen-lummis-introduces-bitcoin-strategic-reserve-bill-senate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The proof-of-concept showed that real-time monitoring of stablecoin reserves could be achieved with cooperation among regulators, technologists and issuers. Source: https://cointelegraph.com/news/bis-boe-project-pyxtrial-stablecoin-monitoring?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Early previews of the tech were remarkable, but fears remain over its potential misuse. Source: https://cointelegraph.com/news/open-ai-advanced-voice-mode-chatgpt-alpha?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Five years ago, Brian Frye set an elaborate trap. Now the law professor is teaming up with a singer-songwriter to finally spring it on the SEC in a novel lawsuit—and in the process, prevent the regulator from ever coming after NFT art projects again. Earlier this week, Frye and musician Jonathan Mann filed a federal lawsuit against the U.S. Securities…
Bitcoin miners are witnessing a resurgence in activity as the network’s hashrate approaches all-time highs, according to the latest research from Cryptoquant. This recovery is attributed to improved revenues, which have led to a reduction in selling pressure from miners. Miners Hold Steady: Bitcoin Hashrate Rises, Selling Pressure Decreases The latest onchain market activities report […] Source: https://news.bitcoin.com/cryptoquant-insights-bitcoin-miners-see-revenue-boost-as-hashrate-soars/
Steady growth in the market cap of many stablecoins highlights investors’ interest in all aspects of the crypto market. Source: https://cointelegraph.com/news/stablecoin-growth-soars-as-crypto-global-mass-adoption-ramps-up?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
