Bitcoin to the moon? Prestigious asset manager VanEck certainly thinks so: the New York City-based firm said in a report this week that the biggest cryptocurrency by market cap could hit a price of more than $2.9 million per coin by the year 2050. And that’s not even the bullish prediction. The firm’s digital assets research team added that if…
Month: July 2024
Crypto Industry ‘Will Show No Mercy’ in November Says Winklevoss After Harris Snubs Bitcoin Event
Following the announcement that U.S. Vice President Kamala Harris won’t attend the Bitcoin 2024 conference in Nashville, Gemini co-founder Tyler Winklevoss said the crypto industry will “show no mercy in November.” Gemini’s Winklevoss Criticizes Harris Over Bitcoin 2024 Conference Decision Gemini co-founder Tyler Winklevoss reacted to the news of Kamala Harris’s decision not to participate […] Source: https://news.bitcoin.com/crypto-industry-will-show-no-mercy-in-november-says-winklevoss-after-harris-snubs-bitcoin-event/
Institutional tokenization will propel Web 3 forward—Jason Dehni
The real-world asset tokenization market is projected to reach $2 trillion by 2030 despite a rocky start, according to McKinsey & Company. Source: https://cointelegraph.com/news/institutional-tokenization-propel-web-3-forward-jason-dehni?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum Shooter ‘Planet-X’ Launching on Xai With Real Prizes—Like a Tesla Cybertruck
Planet-X, a free-to-play extraction shooter game, is set to join the Xai ecosystem on Ethereum, offering players the chance to win real-world prizes through in-game treasure hunts—including a Tesla Cybertruck. The mobile shooter game, which ties in tangible rewards with the sci-fi shooter gameplay, will be available for download in open beta on iOS and Android devices via the Apple…
Trump reelection campaign raised $3M in crypto for Q2 2024
The most significant contributions came from Gemini co-founders Cameron and Tyler Winklevoss, who announced their support for the Republican candidate on X. Source: https://cointelegraph.com/news/donald-trump-reelection-campaign-raised-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Auradine Ships 3nm Teraflux Bitcoin Mining Platform
Auradine has begun shipping its new Teraflux 2800 series bitcoin mining platforms. The company claims these systems, built with 3-nanometer (nm) silicon application-specific integrated circuit (ASIC) technology, set new standards in performance, efficiency, and resilience. New Auradine Teraflux Miners Boast Record Efficiency and Resilience According to Auradine’s announcement shared with Bitcoin.com News, the Teraflux series […] Source: https://news.bitcoin.com/auradine-ships-3nm-teraflux-bitcoin-mining-platform/
Ethereum Foundation wallet moves 92K ETH after 7 years
The Ether, worth roughly $290 million at the time of publication, had been at the same address since 2017. Source: https://cointelegraph.com/news/ethereum-foundation-wallet-moved-ether?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Marathon Digital Buys $100 Million in Bitcoin, Adopts ‘Full HODL Strategy’
Marathon Digital, the world’s largest Bitcoin mining firm, announced on Thursday that it has purchased $100 million worth of BTC for its balance sheet. That brings the mining giant’s total Bitcoin holdings up to 20,000 BTC, worth $1.28 billion at present. Going forward, the company doesn’t plan to sell a single satoshi (aka the smallest unit of Bitcoin). “Effective immediately,…
HSBC Australia Blocks Payments to Crypto Exchanges
HSBC Australia has announced that it will block all customer payments to cryptocurrency exchanges via credit or debit cards, starting from July 24, 2024. The bank cites the high-risk nature of such transactions as the primary reason for this decision. HSBC Australia claimed scammers frequently exploit cryptocurrency exchanges, making it challenging to recover stolen funds. […] Source: https://news.bitcoin.com/hsbc-australia-blocks-payments-to-crypto-exchanges/
Don’t miss the bull run that could make Bitcoin great again
Donald Trump has seen the light when it comes to cryptocurrency. Love him or hate him, that’s a good thing for the industry. Source: https://cointelegraph.com/news/dont-miss-bull-run-make-bitcoin-great-again?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound