News

US Fed rate cut could push Bitcoin down 20%: Analysts 

Bitfinex says it’s a “challenging time” for Bitcoin traders as the US Fed’s widely expected rate cut could lead to a drop in Bitcoin’s price and not a boost as hoped by the market. Source: https://cointelegraph.com/news/federal-reserve-rate-cut-bearish-bitcoin-price-bitfinex-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Trump’s Crypto Platform Hit by Scammers Promising $15,000 Giveaways
News

Trump’s Crypto Platform Hit by Scammers Promising $15,000 Giveaways

Former U.S. President Donald Trump’s family-backed cryptocurrency platform has been targeted by scammers, leading to over 70,000 users being misled with fake crypto giveaways. Scammers have posted fraudulent ads on the platform’s official Telegram channel, diverting users to a fake group promising $15,000 in cryptocurrency. Trump’s Crypto Platform Targeted by Scammers With Fake Giveaways Donald […] Source: https://news.bitcoin.com/trumps-crypto-platform-hit-by-scammers-promising-15000-giveaways/

News

Pro-XRP attorney John Deaton wins Republican US Senate primary

The pro-crypto lawyer secured victory in the Massachusetts Republican primary race and will now face off against industry antagonist Elizabeth Warren in November.  Source: https://cointelegraph.com/news/john-deaton-pro-xrp-lawyer-wins-republican-senate-primary-massachusetts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin Slips Below $41,000 as Crypto Price Rally Cools
News

Bitcoin Dives Below $56,000 After Stock Market Rout

The price of Bitcoin plunged as low as $55,746 late Tuesday, according to CoinGecko data, seeing a sudden dip hitting within an hour of the stock markets in Asia coming online. The drop follows a dismal day on the U.S. stock market, with tech giant Nvidia weighing down an overall 600 point dip in the Dow Jones Industrial Average. Across…

Continue Reading

Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay
News

Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay

Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible users can now withdraw up to 66% of their INR balances. However, crypto trading on the platform will not resume for another six months. Wazirx Expedites INR Withdrawals Amid Post-Hack Restructuring Efforts […] Source: https://news.bitcoin.com/wazirx-fast-tracks-inr-withdrawals-but-users-face-6-month-crypto-trading-delay/

News

Nvidia posts historic one-day loss after US antitrust subpoena

US antitrust officials are reportedly worried that Nvidia is penalizing buyers that don’t exclusively use its computer chips, a claim Nvidia rebuffed.  Source: https://cointelegraph.com/news/nvidia-biggest-single-day-market-cap-loss-antitrust-subpoena?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Etherscan Touts ChatGPT Integration But Highlights The Chatbot's Flaws
News

What’s Ahead for OpenAI? Project Strawberry, Orion, and GPT Next

OpenAI is on the cusp of releasing two groundbreaking models that could redefine the landscape of machine learning. Codenamed Strawberry and Orion, these projects aim to push AI capabilities beyond current limits—particularly in reasoning, problem-solving, and language processing, taking us one step closer to artificial general intelligence (AGI). Strawberry, previously known as Q* or Q-Star, seems to be more than…

Continue Reading

Elon Musk Can’t Wait to Reform US Government Spending and Regulations
News

Elon Musk Can’t Wait to Reform US Government Spending and Regulations

Tesla CEO Elon Musk has expressed his eagerness to tackle excessive waste and regulations in the U.S. government, responding to a report that former President Trump is considering him for a role in auditing federal agencies. Musk emphasized the need to reduce wasteful spending to curb inflation and proposed forming a “government efficiency commission” to […] Source: https://news.bitcoin.com/elon-musk-cant-wait-to-reform-us-government-spending-and-regulations/