Asset management firm Vaneck released a report projecting bitcoin could reach $2.9 million per coin by 2050, becoming a global medium of exchange and reserve currency. The report suggests bitcoin could settle 10% of global international trade and 5% of domestic trade, with central banks holding 2.5% of their assets in BTC. Scalability challenges are […] Source: https://news.bitcoin.com/vaneck-predicts-bitcoin-could-reach-2-9-million-by-2050/
Month: July 2024
Apple Intelligence may be absent from initial iOS 18 rollout: Report
Apple’s new AI features will potentially arrive a few weeks later in October, giving developers more time to iron out potential bugs. Source: https://cointelegraph.com/news/apple-intelligence-potentially-missing-initial-ios-18-rollout?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ripple CEO Suggests Vice President Kamala Harris Steer Clear of Anti-Crypto Rhetoric
Ripple CEO Brad Garlinghouse has criticized Congressman Brad Sherman’s anti-crypto comments, urging Vice President Kamala Harris to distance herself from such views. The Ripple executive warned that opposing cryptocurrencies is equivalent to opposing innovation, benefiting Republicans who support technological progress. He emphasized the need for the U.S. to align with other advanced economies with clear […] Source: https://news.bitcoin.com/ripple-ceo-suggests-vice-president-kamala-harris-steer-clear-of-anti-crypto-rhetoric/
Donald Trump's potential SEC chairman should tackle 5 issues
Donald Trump has promised to fire SEC Chair Gary Gensler, whose work at the agency was defined by his animosity toward crypto. Source: https://cointelegraph.com/news/donald-trump-potential-sec-chairman-should-tackle-five-issues?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Who Will Replace Gensler? Winklevoss Urges Crypto Industry to Demand SEC Chair Decision Before Election
Gemini co-founder Tyler Winklevoss has urged the crypto industry to demand to know who the next U.S. Securities and Exchange Commission (SEC) chair will be before the election. He also urged crypto supporters to “demand that both parties embrace our industry, treat it fairly, and do everything in their power to ensure that America is […] Source: https://news.bitcoin.com/who-will-replace-gensler-winklevoss-urges-crypto-industry-to-demand-sec-chair-decision-before-election/
Compound Finance proposals elicit ‘governance attack’ allegations
Community risk assessors warned against the perceived centralization effort days before the proposal’s passage. Source: https://cointelegraph.com/news/compound-finance-proposals-elicit-governance-attack-allegations-dao?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC Greenlights NYSE Arca to List Grayscale Bitcoin Mini Trust
The SEC has approved NYSE Arca’s proposal to list and trade shares of the Grayscale Bitcoin Mini Trust. Grayscale’s new trust will feature competitive fees. “This approval order is based on all of the exchanges’ representations and descriptions in their respective amended filings, which the Commission has carefully evaluated,” said the securities regulator. SEC Approves […] Source: https://news.bitcoin.com/sec-greenlights-nyse-arca-to-list-grayscale-bitcoin-mini-trust/
Ron Paul Champions Liberty and ‘Competing Currencies’ at Bitcoin 2024
Ron Paul, former U.S. congressman and well-known advocate for liberty, shared his thoughts on bitcoin and monetary policy during an interview with Bitcoin Magazine editor Pete Rizzo. Paul emphasized the importance of liberty and sound money principles while expressing cautious optimism about bitcoin’s future. Freedom Advocate Ron Paul Pushes for Sound Money Principles Freedom advocate […] Source: https://news.bitcoin.com/ron-paul-champions-liberty-and-competing-currencies-at-bitcoin-2024/
Sleeping Bitcoin Wallet From 2017 Moves 121.63 BTC Worth $8.25M After 7 Years
On July 28, 2024, bitcoin was trading at $67,872 per coin when a dormant bitcoin address created in 2017 transferred 121.63 BTC, now valued at $8.25 million, after more than seven years. Dormant Bitcoin Address Transfers $8.25M This Sunday, at block height 854,349, btcparser.com’s Bitcoin blockchain parser identified a transfer from a 2017 address, moving […] Source: https://news.bitcoin.com/sleeping-bitcoin-wallet-from-2017-moves-121-63-btc-worth-8-25m-after-7-years/
$31M Neiro project on Ethereum ‘is a honeypot’ — Wazz
It’s unclear at this time whether illicit activity has taken place, but a series of red flags has brought the token under scrutiny. Source: https://cointelegraph.com/news/31-m-neiro-project-etheruem-honeypot-wazz?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound