CleanSpark is acquiring more sites in Tennessee after buying GRIID Infrastructure’s facilities there. Source: https://cointelegraph.com/news/cleanspark-acquires-tennessee-crypto-mining-facilities-hashrate-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Slowing Inflation Signals Upside for Crypto Markets
The latest consumer price index (CPI) data released for August shows a continued slowdown in inflation growth, and this could signal more upside for the cryptocurrency market. As inflation nears the Federal Reserve’s 2% target, traders are becoming increasingly optimistic about future rate cuts, which could lead to long-term rallies in risk assets like Bitcoin and Ethereum. In this article,…
Trump and Harris Neck and Neck After Heated Debate, Polymarket Shows
Following the heated debate between former President Donald Trump and Vice President Kamala Harris, Polymarket data revealed an intense tie between the two from 6 a.m. to 12 p.m. EDT on Wednesday, with each holding a 49% chance of winning. By 2:30 p.m., however, Trump edged ahead by a single percentage point, according to bettors […] Source: https://news.bitcoin.com/trump-and-harris-neck-and-neck-after-heated-debate-polymarket-shows/
Why Traders Are Bullish Beyond Fed Cuts
As Bitcoin enters the final quarter of 2024, traders are becoming increasingly optimistic about the cryptocurrency’s future, despite a historically challenging September. Although Bitcoin has experienced a tough month—down 4.3% so far—many market watchers believe that several factors, including anticipated Federal Reserve rate cuts and the U.S. presidential election, could help Bitcoin pull out of its slump. This article will…
Rare Ape CryptoPunk sells for $1.5M, Magic Eden dominates NFT trading volume: Nifty Newsletter
A group of blockchain advocates urged the United States Congress to clearly define NFTs in response to the SEC Wells notice to OpenSea. Source: https://cointelegraph.com/news/cryptopunk-sells-for-1-5-million-magic-eden-dominates-nft-trading-volume-newsletter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Aave Considers Coinbase’s cbBTC Wrapped Bitcoin, Sparking Decentralization Debate
The Aave community is evaluating a proposal to integrate Coinbase’s upcoming Bitcoin wrapper, cbBTC, into its V3 protocol. The potential connection between a centralized exchange and a decentralized finance (DeFi) platform has ignited a debate about the future of DeFi and the balance between innovation and decentralization. The proposal from the Aave Chan Initiative (ACI) would link cbBTC to both…
Payment Processors Paypal and Venmo Now Support ENS Domains
Ethereum Name Service (ENS) has announced that the payment giants Paypal and Venmo have integrated support for ENS domain names. This integration enables users to employ Paypal and Venmo to transmit crypto assets to an ENS address. Paypal and Venmo Roll out ENS Support On Tuesday, ENS shared on the social media platform X that […] Source: https://news.bitcoin.com/payment-processors-paypal-and-venmo-now-support-ens-domains/
Ex-Alameda CEO was trying to prevent ‘AI disaster’ — former FTX employee
Caroline Ellison’s ex-boyfriend, Sam Bankman-Fried, was sentenced to 25 behind bars for his role in the collapse of the FTX exchange. Source: https://cointelegraph.com/news/former-alameda-ceo-trying-prevent-ai-disaster-ex-ftx-employee?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UK Introduces Bill to Classify Crypto Assets Like Bitcoin and NFTs as Personal Property
In a landmark move, the United Kingdom government introduced a bill in Parliament on Wednesday that aims to clarify the legal status of digital assets—including Bitcoin and other cryptocurrencies, as well as NFTs—by recognizing them as personal property under English and Welsh law. The bill, if passed, will create a third category of personal property, expanding beyond the current classifications…
Ford, Toyota double down on blockchain as driverless car tech stagnates
The automakers led the field in blockchain technology patent filings for Q2 2024. Source: https://cointelegraph.com/news/ford-toyota-double-down-blockchain-driverless-car-tech-stagnates?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound