Bitcoin prices have jumped by over 5%, reaching a ten-week peak at $67,800, as demand for the digital asset has climbed steadily. This increased interest comes from spot exchange-traded funds (ETFs) and significant bitcoin accumulation by large investors, commonly known as “whales,” according to research from Cryptoquant. Cryptoquant: Bitcoin Prices Surge as Demand from Spot […] Source: https://news.bitcoin.com/cryptoquant-data-reveals-the-power-behind-bitcoins-latest-price-surge/
Venezuelans have ramped up the use of Tether’s USDT, as it has become one of the largest sources of dollar liquidity in national markets. While the government has tried to contain the black market exchange rates by injecting dollars into the banking sector, it has enjoyed limited success, with Tether adoption ramping up as an […] Source: https://news.bitcoin.com/venezuelans-crave-usdt-as-dollar-exchange-rate-explodes/
More than half of voters in the United States are more likely to vote for a pro-crypto candidate versus one who is not, Craig Salm said. Source: https://cointelegraph.com/news/most-us-voters-prefer-pro-crypto-candidate-grayscale-clo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Majors Fall 1 to 2%, A New Tiger takes to the Charts, Van Eck teases Big Web3 Gaming A lucky GOAT memecoin trader turned $5,000 into $1.5M during GOAT’s run to $300M. A new memecoin based on Disney Park’s new baby tiger “Bakso” was a top mover on Wednesday, running to $10M (now $6M). Crypto majors fall 1-2%, memes red…
Crypto exchange Kraken pushed deeper into the realm of decentralized finance (DeFi) Thursday, launching a wrapped Bitcoin product to compete within Ethereum’s ecosystem. Dubbed kBTC, the Bitcoin-backed digital asset will take the form of an ERC-20 token, mirroring BitGo’s long-running and market-leading Wrapped Bitcoin (WBTC), which has a $10 billion market cap. But that won’t be Kraken’s only on-chain rival,…
Crypto prediction market platform Polymarket has amassed more than $2 billion worth of betting volume to date for its market focused on the winner of the upcoming U.S. presidential election, with the tally doubling in less than a month. A prediction market on whether Democratic nominee Kamala Harris or Republican nominee Donald Trump will take the White House has amassed…
Earlier this week, the well-known entrepreneur and investor Vinny Lingham, originally from South Africa but now based in the U.S., sparked a conversation on X by sharing his thoughts about Microstrategy. This company holds an enormous amount of bitcoin on its balance sheet. Lingham suggested that Microstrategy could potentially cause harm to bitcoin, possibly even […] Source: https://news.bitcoin.com/is-microstrategys-bitcoin-leverage-a-bigger-threat-than-ftx-vinny-lingham-suggests-its-possible/
The new model appears to be a fine-tuned version of Meta’s Llama-70b. Source: https://cointelegraph.com/news/nvidia-open-source-ai-nemotron-surpasses-open-ai-gpt-4o?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto payment cards have become a popular way for cryptocurrency holders to spend their hard-earned satoshis, enabling them to pay with cryptocurrency through widely accepted networks like Visa and Mastercard. Launched in 2023, the Gnosis Pay Visa debit card is unique among crypto payment card offerings—it’s self-custodial, affording users full control over their crypto funds, and enables early users to…
In a market always hunting for the next big thing, Pepe Unchained (PEPU) is standing out. With a huge $20 million now raised in its ICO, this new project is continuing to attract attention from investors and analysts alike. And given the development team’s grand vision, it’s easy to see why investors are jumping on […] Source: https://news.bitcoin.com/pepe-unchained-ico-secures-20m-for-new-meme-coin-layer-2-network-opens-developer-grants/
