The artificial intelligence (AI)-driven meme coin goatseus maximus (GOAT), launched on pump.fun, has reached a market valuation of $418 million after gaining more than 36% against the U.S. dollar by 7 p.m. Eastern Time on Friday. Earlier in the day, the meme coin hit an all-time high (ATH) of $0.461 per coin, although it has […] Source: https://news.bitcoin.com/inside-goats-wild-market-ride-whats-driving-this-ai-meme-coin-craze/
Month: October 2024
Is Complete Decentralization of Finance Realistic? Fed Governor Waller Says No
A Federal Reserve governor questioned whether decentralized finance (defi) can truly eliminate the need for intermediaries, despite bitcoin’s revolutionary promise. While decentralized systems aim to bypass traditional structures, he argues that trust in intermediaries still resurfaces. Could crypto ever be fully decentralized, or will it mirror traditional finance? The potential regulatory challenges and the role […] Source: https://news.bitcoin.com/is-complete-decentralization-of-finance-realistic-fed-governor-waller-says-no/
Bitcoin Mining vs. AI Hosting: The Unexpected Parallels Unveiled
Bitcoin miners and artificial intelligence (AI) cloud providers, along with high-performance computing (HPC) operators, share an unexpected bond in their quest for computing muscle. As the cryptocurrency scene shifts, some bitcoin mining setups are finding fresh purpose in the fast-growing fields of generative AI and large language models (LLMs). A Closer Look at the Unseen […] Source: https://news.bitcoin.com/bitcoin-mining-vs-ai-hosting-the-unexpected-parallels-unveiled/
Crypto events turn to regulation and politics as US election looms
Some executives at crypto and blockchain firms have suggested prioritizing US congressional races over the presidential election. Source: https://cointelegraph.com/news/crypto-conferences-swell-permissionless-regulation-election?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Anthropic says AI could one day ‘sabotage’ humanity but it’s fine for now
The firm investigated four distinct “sabotage” threat vectors for AI and determined that “minimal mitigations” were sufficient for current models. Source: https://cointelegraph.com/news/anthropic-ai-could-one-day-sabotage-humanity-fine-now?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC approves New York Stock Exchange listing of Bitcoin options ETF
Traders believe that the approval of options for Bitcoin exchange-traded funds will inject much-needed liquidity into the markets. Source: https://cointelegraph.com/news/sec-approves-new-york-stock-exchange-listing-bitcoin-options-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Closes in on Price Peak – $69K Resistance in Sight
On Friday, bitcoin reached its highest price since late July, coming within just $2 of breaking through the $69,000 mark. Recent data shows the cryptocurrency market has been on a consistent upward trend, with the entire digital asset economy now valued at $2.35 trillion, reflecting a 2.63% rise over the last day. Crypto Market Rallies, […] Source: https://news.bitcoin.com/bitcoin-closes-in-on-price-peak-69k-resistance-in-sight/
Crypto Biz: Onchain lending ramps up, driven by institutional activity
Institutional demand is driving a significant increase in onchain loans across DeFi protocols. Source: https://cointelegraph.com/news/crypto-biz-onchain-lending-ramps-up-driven-institutional-activity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Memecoin craze fuels Solana price rally — Is $180 SOL the next stop?
A sharp uptick in Solana network activity and the blockbuster performance from memecoins back SOL’s rally toward $180. Source: https://cointelegraph.com/news/memecoin-craze-fuels-solana-price-rally-is-180-sol-the-next-stop?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bluesky Signups Surge After Elon Musk’s Twitter Says AI Can Be Trained on Tweets
Bluesky is taking off like a rocket, and Elon Musk might’ve just lit the fuse. The decentralized social platform hit the 12 million user mark this week, reporting a massive surge of growth since its latest milestone of 10 million users surpassed just last month. The platform reported Friday that it received over 1 million new signups in a 48-hour…