BitMEX co-founder Arthur Hayes is launching a Bitcoin Ordinals collection dubbed Airhead, entering the market for Bitcoin-based collectibles by releasing a clutch of ballooned characters. Comprising 10,000 NFT-like assets, the batch of inflated profile pictures (PFP) stem from a collaboration with Oyl Wallet. The digital wallet for Bitcoin launched earlier this month, and on Thursday began allowlisting would-be buyers for…
Month: August 2024
Newly Launched ETF Supercharges Microstrategy Bets: 1.75x Risk or Reward
Defiance ETFs has introduced MSTX, the first leveraged single-stock exchange-traded fund (ETF) focused on Microstrategy, offering 175% long daily exposure. This ETF targets sophisticated investors seeking amplified exposure to Microstrategy’s volatile performance. Defiance ETFs Launches Leveraged Microstrategy ETF in the U.S. The newly launched MSTX ETF provides 175% long daily targeted exposure to Microstrategy, a […] Source: https://news.bitcoin.com/newly-launched-etf-supercharges-microstrategy-bets-1-75x-risk-or-reward/
Wall Street sounds AI bubble alarm — Will crypto AI projects survive?
After Black Monday, the stock market fears recession and Wall Street predicts an AI bubble burst, with Nvidia and tech stocks under pressure. Will crypto AI projects survive? Source: https://cointelegraph.com/news/wall-street-ai-bubble-crypto-projects?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
WTF happened 53 years ago today — Why the Nixon shock is still affecting us all
In his 1971 speech ending the gold standard, Richard Nixon promised to stabilize the dollar, but instead, nearly everything has gone up in price. Source: https://cointelegraph.com/news/nixon-shock-gold-standard-inflation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Key Bitcoin bull signal flashes for first time in nearly 2 years, hinting at 2x price surge
Bitcoin price could increase by over two-fold based on a key bull signal historically correlated with price rallies. Source: https://cointelegraph.com/news/bitcoin-bull-signal-price-breakout-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits
With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made in July. A combination of bitcoin’s price fluctuations and reduced onchain fees has left miners in a much tighter spot. Bitcoin Miners Face a Hard […] Source: https://news.bitcoin.com/tough-times-for-bitcoin-miners-first-half-of-august-yields-just-a-fraction-of-julys-profits/
OKX Wallet expands Blinks to EVM-compatible chains
OKX Wallet now supports blockchain links (Blinks) across all EVM-compatible chains, enhancing multichain transactions without switching platforms. Source: https://cointelegraph.com/news/okx-wallet-expands-blinks-multichain-support?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Immutable taps Fireblocks to help game developers manage digital assets
Immutable teams up with Fireblocks to secure asset management for Web3 games, NFTs and DeFi projects within its ecosystem. Source: https://cointelegraph.com/news/immutable-fireblocks-web3-gaming-integration?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
New DeFi protocol Nudge aims to unlock hidden value in users’ wallets
Nudge seeks to unleash a new DeFi primitive called Re: allocation Value. Source: https://cointelegraph.com/news/nudge-defi-unlock-wallet-value?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Chainalysis alerts rise in crypto hacks and ransom in 2024
Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024. Source: https://cointelegraph.com/news/chainalysis-crypto-hack-ransom-rise-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound