While support for the crypto industry has been growing in Washington, it still has a fair number of detractors. Source: https://cointelegraph.com/news/pro-anti-crypto-politicians-us-elections?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Bitcoin ‘Trump hedge’ rally lacks macro conditions for all-time high
“Bitcoin is currently being used as a liquid proxy to hedge a Trump win,” which was previously seen as “underpriced,” according to an analyst. Source: https://cointelegraph.com/news/bitcoin-trump-hedge-macroeconomic-all-time-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin life insurance is offering BTC hodlers new tax advantages
Danny Baer of Meanwhile explains why some long-term Bitcoin hodlers are suddenly excited about whole life insurance policies. Source: https://cointelegraph.com/news/bitcoin-life-insurance-is-offering-btc-hodlers-new-tax-advantages?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Harris vs Trump: Who is the crypto industry backing?
While Donald Trump has been associated with broad support from the crypto community, many people in crypto have endorsed Kamala Harris as well. Source: https://cointelegraph.com/news/harris-vs-trump-2024-crypto-endorsements?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
RabbitCoin Brings Next-Level Play-to-Earn With Latest Blockchain Network
Rocky Rabbit has rapidly emerged as a key player in the Play-to-Earn (P2E) gaming sector, combining exciting gameplay with the tangible benefits of cryptocurrency rewards. Boasting over 29 million total players and more than 1,500,000 holders of its native token, RabBitcoin (RBTC), the game has captured a significant global audience. It features 6 million daily […] Source: https://news.bitcoin.com/rabbitcoin-brings-next-level-play-to-earn-with-latest-blockchain-network/
Bitcoin well-positioned to hit $100K by January 2025 — 10X Research
Analysts at 10X Research predict BTC could reach $100,000 by the new year, driven by institutional interest, market signals and Bitcoin’s dominance. Source: https://cointelegraph.com/news/bitcoin-btc-price-target-100000-by-jan-2025-10x-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dydx CEO Announces Layoffs of 35% of Core Team Amid Strategic Shift
Dydx, the decentralized finance platform, has announced a significant restructuring, with CEO Antonio Juliano revealing the difficult decision to lay off 35% of its core team as part of a strategic shift to align with the company’s evolving goals. In a heartfelt blog post, Juliano acknowledged the dedication and contributions of the departing team members […] Source: https://news.bitcoin.com/dydx-ceo-announces-layoffs-of-35-of-core-team-amid-strategic-shift/
Decentralized network Uplink tops 40K routers, targets lower internet costs
Decentralized internet solutions could create greater global access, a growing need in developing nations with limited internet infrastructure. Source: https://cointelegraph.com/news/decentralized-network-uplink-40k-routers-cut-internet-cost-50?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pyth flips Chainlink in 30-day volume, Chronicle CEO weighs in
Pyth Network’s pull-based model has driven high transaction volumes, intensifying the Oracle’s competition with Chainlink. Source: https://cointelegraph.com/news/oracle-providers-pyth-chainlink-volume-tvs-comparison?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BIS Considers Ending Mbridge Project Over BRICS Connections, but Is It Too Late?
While conversations about ending the CBDC-enabled international settlements project have focused on its links to BRICS, Mbridge has already reached the MVP stage, and members could choose to continue it without support from the BIS. BIS Considers Ending Mbridge Project, BRICS Countries Could Use It for Circumventing Sanctions The Bank for International Settlements (BIS) is […] Source: https://news.bitcoin.com/bis-considers-ending-mbridge-project-over-brics-connections-but-is-it-too-late/