After a 40-day interview hiatus, Vice President Kamala Harris has finally given her first Q&A session since President Joe Biden announced he won’t seek re-election in 2024. According to Polymarket’s election betting odds, former President Donald Trump is currently edging ahead, leading by a modest 1 percentage point. At the moment, Trump holds a 50% […] Source: https://news.bitcoin.com/trump-maintains-slight-advantage-in-election-odds-on-polymarket-after-harris-interview/
Month: August 2024
Paul Krugman Blasts Crypto Industry’s ‘Huge’ Campaign Donations
In a recent New York Times opinion piece, Nobel laureate Paul Krugman criticized the cryptocurrency industry’s significant influence in campaign finance, likening it to the tale of the emperor’s new clothes. Krugman argued that cryptocurrencies have limited legitimate uses and are often associated with criminal activities. He highlighted the industry’s massive political spending, which accounts […] Source: https://news.bitcoin.com/paul-krugman-blasts-crypto-industrys-huge-campaign-donations/
Is This the Most Promising Crypto to Invest In? Crypto All-Stars Races Towards $1M
Meme coins come and go, but every so often, one catches the market’s attention in a big way. Crypto All-Stars (STARS) is the latest to go viral, with its presale nearing the $1 million milestone. But is it the most promising crypto to invest in this year? MemeVault – The One-Stop-Shop for Meme Coin Staking […] Source: https://news.bitcoin.com/is-this-the-most-promising-crypto-to-invest-in-crypto-all-stars-races-towards-1m/
Bitcoin price technicals target $87K by 2025, with one key resistance level in the way
Bitcoin’s price breakout could be delayed until October unless it manages to overcome the key $59.600 resistance. Source: https://cointelegraph.com/news/bitcoin-price-87k-2025-btc-resistance-level?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months
Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less than two months, its market capitalization has decreased by $770 million. Ethena’s USDE Supply Plummets as Competition Heats Up From Aug. 23 to Aug. 30, the stablecoin economy expanded from […] Source: https://news.bitcoin.com/ethenas-usde-sees-market-cap-shrink-by-770m-in-less-than-2-months/
Solutions without problems: How many Ethereum layer 2s are too many?
Layer 2s are a short-term success story, but the long-term picture appears less rosy. Source: https://cointelegraph.com/news/ethereum-layer2-defi-blockchain-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin analysis warns BTC price risks 2023 rerun when stocks shed 10%
Bitcoin bulls may be in for a grim reminder of how the start of Q4 can be difficult for BTC price bullishness. Source: https://cointelegraph.com/news/bitcoin-analysis-warns-btc-price-risks-2023-rerun-stocks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
First Solana Spot ETF Raises $2.75 Million on Brazilian Stock Exchange
On Thursday, the first Solana spot exchange-traded fund (ETF) product raised over $2.75 million during its public offering on B3, the Brazilian stock exchange. The product, previously approved for trading by the Brazilian securities regulator (CVM), is offered by QR Asset, which also has a bitcoin-based ETF product. The offering managed to raise only 15% […] Source: https://news.bitcoin.com/first-solana-spot-etf-raises-2-75-million-on-brazilian-stock-exchange/
Why crypto miners are ditching debt for equity
Crypto miners are moving away from debt and embracing stock dilution to fuel their AI and HPC ambitions, but the payoff is still uncertain. Source: https://cointelegraph.com/news/why-crypto-miners-are-ditching-debt-for-equity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Five crypto market predictions that haven’t come true — yet
Crypto narratives sometimes promise a trip to the moon, but not all rockets make it, and markets tend to have a sloppy memory, often falling into the same traps. Source: https://cointelegraph.com/news/crypto-prediction-nfts-privacy-metaverse-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound