In the wake of Telegram CEO Pavel Durov’s bombshell arrest in France last weekend and subsequent criminal indictment, much is still uncertain—particularly, how the high-stakes drama will impact Telegram’s massive crypto ambitions. This year, Telegram became perhaps the most prominent company to ever jump with both feet into the cryptosphere. The dominant messaging service encouraged the proliferation of an ecosystem…
Traders could be waiting for Bitcoin to bounce off the $55,724 support opening positions in LTC, FET, MNT and AAVE. Source: https://cointelegraph.com/news/bitcoin-remains-pinned-below-60-000-but-ltc-fet-mnt-and-aave-show-promise?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
With just 65 days remaining until the U.S. presidential election, bitcoin wrapped up August with an 8.6% decline compared to where it started the month. Historically, in the last two election cycles, bitcoin’s value has only shown substantial appreciation after the election had ended and a victor was declared. From 2012 to 2020: How Bitcoin […] Source: https://news.bitcoin.com/us-election-year-bull-runs-how-bitcoin-historically-surged-post-victory/
The Ethereum creator’s utopia seems a lot like a decentralized autonomous organization, but with taxes. Source: https://cointelegraph.com/news/vitalik-buterin-radical-scheme-pseudo-decentralization-of-entire-cities?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The blockchain-powered prediction market Polymarket saw an additional $85.84 million in trading volume during August, marking a notable uptick from July. August’s volume of $472.87 million set a new high, surpassing every month since Polymarket’s inception. Polymarket Volume Soars in August While some sectors faltered in August, Polymarket thrived, setting new records with $472.87 million […] Source: https://news.bitcoin.com/polymarket-hits-record-472-87m-in-august-volume-amid-election-betting-frenzy/
It’s unclear whether the government would be required to inform the general public in the event an AI model becomes sentient. Source: https://cointelegraph.com/news/area-51-ai-us-gov-secures-early-access-cutting-edge-models?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the…
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen since last year, with a $4.14 million drop compared to July. August Bitcoin Mining Revenue Drops $99.75M Lower Than July The ongoing effects […] Source: https://news.bitcoin.com/bitcoin-miners-face-leanest-month-of-2024-august-earnings-hit-years-low/
After facing multiple delays, Bitcoin layer-2 network Stacks moved forward with the first part of its highly anticipated Nakamoto upgrade this week. The upgrade is expected to decouple block production from the Bitcoin blockchain, enabling faster and more efficient processing. The Nakamoto upgrade, partly rolled out in April, introduced mock-signing transactions using Stacks’ proof-of-transfer (POX) consensus, where miners burn BTC…
BTC price conditions fail to improve over the weekend, and liquidity grabs could be on the menu next, one Bitcoin trader suggests. Source: https://cointelegraph.com/news/bitcoin-drops-8-6-august-september-2-week-low?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
