The former president of Google China says he expects the AI-powered apps to take off much faster in China compared to the United States. Source: https://cointelegraph.com/news/china-six-months-behind-us-ai-former-google-china-head?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Ethereum needs ‘refined messaging’ to entice Wall St — Attestant execs
Ethereum will become an attractive investment to institutions, but needs better marketing and given time to develop, says Attestant adviser Tim Lowe. Source: https://cointelegraph.com/news/ethereum-needs-refined-messaging-entice-wall-st-attestant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
WeWork founder’s crypto startup refunds investors after no token launch: Report
Flowcarbon reportedly cited tough market conditions and resistance from carbon registries as the main reasons behind the refunds. Source: https://cointelegraph.com/news/adam-neumann-flowcarbon-refunds-failed-token-launch-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Vitalik: L2s that aren’t at least ‘stage 1’ are dead to me
The Ethereum co-founder said it was “stage 1 or bust” for his acceptance of a layer-2 project’s decentralization progress. Source: https://cointelegraph.com/news/ethereum-l2-not-at-stage-1-are-dead-says-vitalik?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin whale transactions see ‘noticeable’ drop since March price peak
Blockchain analytics firm Santiment says a decline in Bitcoin whale activity is not necessarily a bearish sign. Source: https://cointelegraph.com/news/bitcoin-whale-transactions-decline-march-all-time-high-santiment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Analyst Forecasts Gold Prices to Reach $2,950 as American Investors Escape From AI and Stock Market Bubbles
Adam Hamilton, the founder of Zeal Intelligence, a financial consulting company, predicts that gold prices will rise as American investors turn to gold, fleeing from traditional stocks and the burst of the artificial intelligence (AI) bubble. Hamilton explained that gold experienced this price upswing without this main demand factor, stressing that it was a very […] Source: https://news.bitcoin.com/analyst-forecasts-gold-prices-to-reach-2950-as-american-investors-escape-from-ai-and-stock-market-bubbles/
Crypto stocks recover from dip as polls say Harris won debate against Trump
Crypto and Bitcoin mining-related stocks in the US bounced back from an early trading day dip after opinion polls showed voters rated Kamala Harris debate performance. Source: https://cointelegraph.com/news/crypto-stocks-recover-dip-polls-say-harris-won-debate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Blockchain music startup Tune.fm raises $50M from Global Emerging Markets
The fresh capital brings Tune.fm’s total funding to $80 million. The funds will be used to reward artists and users within the platform. Source: https://cointelegraph.com/news/blockchain-music-startup-tune-fm-raises-50-m-global-emerging-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US House Republicans probe SEC’s Gensler on political hiring claims
Three GOP lawmakers asked SEC Chair Gary Gensler to turn over information on his agency’s hiring process, claiming they had found evidence of a political ideology-driven hire. Source: https://cointelegraph.com/news/us-gop-lawmakers-political-hiring-probe-sec-gary-gensler?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index
India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations. Chainalysis Highlights Global Cryptocurrency Adoption Blockchain data analytics firm Chainalysis published an excerpt from its 2024 Geography […] Source: https://news.bitcoin.com/india-nigeria-indonesia-lead-chainalysis-2024-crypto-adoption-index/