On Aug. 15, 2024, the white paper for BitVM2 was published, outlining significant advancements in Bitcoin’s layer two (L2) capabilities. Building on the foundation laid by BitVM version 1, BitVM2 aims to bridge Bitcoin to second layers with improved scalability and security. New BitVM2 White Paper Introduces Advanced Solutions for Bitcoin L2 Scaling The original […] Source: https://news.bitcoin.com/bitvm-version-2-introduces-new-era-for-bitcoin-l2-scaling-solutions/
In a twist of political fortunes, Vice President Kamala Harris, who had been leading in the race against former President Donald Trump for the 2024 election, saw her odds dip significantly after rolling out her economic plans. Over the past 72 hours on Polymarket, her chances have taken a hit, dropping four percentage points, while […] Source: https://news.bitcoin.com/bets-on-harris-slide-in-predictions-market-after-her-price-controls-plan-sparks-controversy/
UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about a potential recession. Despite the encouraging consumer resilience, UBS cautioned that the risk of a significant economic slowdown remains, especially after weaker July jobs data. Investors are advised to wait […] Source: https://news.bitcoin.com/ubs-urges-caution-despite-positive-us-economic-data/
Leveraged ETFs chronically underperform comparable investments. There are better ways to place bullish bets on Bitcoin than MicroStrategy’s new ETF. Source: https://cointelegraph.com/news/bitcoin-bulls-should-steer-clear-new-leveraged-microstrategy-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch tool currently indicates a 75% likelihood of a 25-basis-point (bps) rate cut. Over on Polymarket, bettors are even more confident, showing an 82% chance of […] Source: https://news.bitcoin.com/fedwatch-tool-and-polymarket-indicate-strong-odds-for-september-rate-cut/
This may be the first tokenized church in the world. Source: https://cointelegraph.com/news/colorado-church-group-tokenizes-2-5m-chapel?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
During the first half of 2024, meme coins took the spotlight, captivating the crypto world with their quirky charm. However, the hype appears to be cooling off as we move into the latter part of the year. According to Google Trends, searches for “meme coins” have significantly decreased, and since May 21, the meme token […] Source: https://news.bitcoin.com/meme-coins-lose-steam-20-billion-wiped-from-market-since-may/
When it comes to a future regulatory framework for digital assets in the U.S., the winner of November’s presidential election isn’t all that important, according to Kevin O’Leary. “This is becoming bipartisan,” O’Leary told Decrypt of lawmakers’ legislative push in a recent interview. “We’re going to have crypto policy, regardless of who goes into the White House.” Former President Donald…
For the most part, the current crop of popular Telegram games such as Hamster Kombat and X Empire don’t look particularly appealing—from a visual standpoint, at least. From very basic menus to what appears to be AI-driven artwork and a complete lack of engaging effects, the absence of any real visual stimulation has been one of my main complaints of…
Polymarket, the leading blockchain-powered predictions platform, saw its highest monthly volume to date in July. However, August has so far captured just over 68% of July’s total volume, with 13 days still remaining in the month. Polymarket’s August Performance Signals Potential for Record-Breaking Month According to data from theblock.co, August is shaping up to be […] Source: https://news.bitcoin.com/polymarket-open-interest-rebounds-as-august-set-to-challenge-julys-record/
