When Robert F. Kennedy Jr.—the scion of America’s most prominent political dynasty—exalted the virtues of the leading cryptocurrency during a speech at the Bitcoin 2024 conference in July, attendees cheered. Members of the campaign for Donald J. Trump, who was also speaking at the conference later that week, likely sweated, however. Kennedy, to some observers, appeared deeply immersed in the…
Month: August 2024
Hong Kong accepts crypto license application past deadline
Hong Kong Digital Asset Xchange Limited is the latest firm to apply for a license, having submitted their application on Aug. 27. Source: https://cointelegraph.com/news/hong-kong-crypto-license-past-deadline?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
This Week in Coins: Bitcoin Leads Parade of Red, Toncoin Down Bad
Illustration by Mitchell Preffer for Decrypt. It was a waterfall of red, spilling down from the top of the cryptocurrency charts this week. The price of Bitcoin rolled into the weekend at $59,297, according to CoinGecko data, after seeing a sudden drop on Friday. The dip comes after the massively successful spot Bitcoin ETFs also saw more investor cash leave…
Vitalik Buterin denies selling Ether for profit
Ethereum co-founder Vitalik Buterin addresses allegations of profiting from ETH sales, emphasizing his long-term support for Web3 projects and charities. Source: https://cointelegraph.com/news/vitalik-buterin-defends-eth-sales-amid-allegations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bankrupt Bitcoin miner Rhodium gets court approval for loan in BTC or USD
The company was authorized to choose between receiving $30 million or 500 Bitcoin loan from Galaxy Digital. Source: https://cointelegraph.com/news/rhodium-enterprises-bitcoin-usd-loan-bankruptcy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin must reach a 'higher high' to confirm uptrend after dip below $58K
If Bitcoin is to maintain its longer-term uptrend, it must avoid breaking down below $56,000, according to a crypto analyst. Source: https://cointelegraph.com/news/bitcoin-price-chart-analyst-higher-high-58k-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase sees its first crypto transaction between AI agents
Coinbase CEO Brian Armstrong sees the transaction as an “important step to AIs getting useful work done.” Source: https://cointelegraph.com/news/coinbase-artificial-intelligence-ai-crypto-transactions-wallet-brian-armstrong?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Argentine President Javier Milei to Star in His Own Docuseries on X
Argentine President Javier Milei recently announced that a series documenting his rise to power will premiere on X. The six-part limited series, titled “Milei – The Series,” will showcase the process Milei underwent to reach the Argentine presidency. It will feature never-before-seen insider content recorded by director Santiago Oria, who is also responsible for the […] Source: https://news.bitcoin.com/argentine-president-javier-milei-to-star-in-his-own-docuseries-on-x/
Lightspark Presents Solution Linking Lightning Network Payments to Bank Accounts in the U.S.
Lightspark, a Bitcoin Lightning Network financial services company, has announced the release of its UMA Extend feature, which focuses on increasing the interaction between crypto and legacy rails in the U.S. With UMA Extend, businesses can opt in for a direction that can be linked to an account, allowing them to instantly receive LN payments […] Source: https://news.bitcoin.com/lightspark-presents-solution-linking-lightning-network-payments-to-bank-accounts-in-the-u-s/
'Absolutely nuts' — Crypto community reacts to Brazil suspending X
Some members of the crypto community believe this could trigger a domino effect, with other countries following Brazil’s lead. Source: https://cointelegraph.com/news/crypto-community-reacts-brazil-suspension-social-media-x-elon-musk?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound