In a recent interview, Circle CEO Jeremy Allaire emphasized the importance of establishing a bipartisan crypto policy in the United States. Allaire’s remarks come at a critical time when the U.S. faces increasing pressure to lead in the rapidly evolving global cryptocurrency industry. He believes that while crypto has seen some bipartisan support, more decisive action is needed to ensure…
The intricacies of Bitcoin mining are often misunderstood, yet they play a pivotal role in shaping both the cryptocurrency’s market price and overall stability. Central to this process is the concept of Bitcoin hashrate impact, which refers to the total computational power used to mine Bitcoin and verify transactions on the blockchain. Understanding how hashrate influences mining profitability and Bitcoin’s…
Attempts by U.S. Vice President Kamala Harris’s presidential campaign to better understand the crypto industry are happening and mark a “concerted effort” in that regard, according to Circle CEO Jeremy Allaire. The stablecoin tycoon said Wednesday that he was in attendance for a Zoom meeting last week that brought together crypto leaders and White House officials—some of which included unnamed…
A transaction unearthed by Arkham Intelligence revealed that bitcoins linked to the Silk Road have been moved to Coinbase Prime. “10K Silk Road BTC ($593.5M) moved to Coinbase Prime,” Arkham posted on X. The firm further explained, “Wallet bc1ql received 10K BTC from a known US Government wallet 2 weeks ago. This BTC has just […] Source: https://news.bitcoin.com/massive-593-5m-bitcoin-move-us-government-shifts-silk-road-stash-to-coinbase-prime/
In the ever-evolving world of non-fungible tokens, DMarket NFT sales have once again taken the lead, topping the charts with impressive daily sales figures. On Tuesday, DMarket, an NFT collection centered around in-game items for popular online games like Counter-Strike and Dota 2, recorded sales totaling $685,764. While this marks a slight decrease from Monday’s $697,138, DMarket’s consistent performance has…
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced an inflow of $38.94 million, while spot ether ETFs attracted $24.34 million. Tuesday’s Inflows Boost Spot Bitcoin and Ether ETFs The positive momentum continued for spot bitcoin and ether ETFs on Tuesday, with both groups enjoying fresh inflows. Spot bitcoin ETFs raked in $38.94 million, led […] Source: https://news.bitcoin.com/blackrocks-bitcoin-and-ethereum-funds-dominate-tuesdays-etf-inflows/
In a significant development within the decentralized finance space, Ethereum-based staking project Swell has launched a new liquid restaking token known as swBTC. This move enables Bitcoin holders to earn yield within the Ethereum ecosystem by leveraging their assets in restaking protocols. The Ethereum-based Swell swBTC is poised to attract significant interest as it offers a unique way for crypto…
The United States government is currently the largest geopolitical holder of Bitcoin, with 203,000 BTC under the control of the US. Source: https://cointelegraph.com/news/breaking-us-government-moves-10-000-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto.com is now sponsoring the UEFA Champions League, the firms announced Wednesday, with the popular European soccer competition serving as the latest addition to the crypto exchange’s long list of sports alliances. The multi-year global sponsorship will include in-stadium activations and broadcast integrations, as well as a series of advertising campaigns. Crypto.com and the Champions League said in a statement…
More than one billion individuals remain unbanked or without adequate access to banking services, according to 2022 data from the World Bank. Source: https://cointelegraph.com/news/meta-mask-launches-pilot-self-custody-debit-card-mastercard?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
