A dwindling consumer interest in chatbots caused a drop in AI-sector revenues during the second business quarter of 2024. Source: https://cointelegraph.com/news/ai-chatbots-getting-worse-over-time-academic-paper?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
SUI charts 115% monthly gain as its ecosystem memecoins rally after USDC integration
SUI gained 115% in a month after integrating USDC into its blockchain, which resulted in a parabolic surge in user and network activity. Source: https://cointelegraph.com/news/sui-charts-115-monthly-gain-and-its-ecosystem-memecoins-rally-after-usdc-integration?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Ancient’ Bitcoin Whale Who Mined Millions Just After Genesis Moves BTC to Exchange
In the beginning, Satoshi created Bitcoin, and it was good… but nobody used it. That’s why it’s especially strange that someone who mined a huge stash of Bitcoin only one month after it was created just moved a large chunk of it to a crypto exchange, after not having touched it for over a decade. The “ancient” Bitcoin whale, first…
Crypto-friendly gaming giant Tencent considering Ubisoft buyout: Report
The Guillemot family and Tencent would likely take the company private if the deal happens. Source: https://cointelegraph.com/news/crypto-friendly-gaming-giant-tencent-considering-ubisoft-buyout?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CleanSpark reports 187% hashrate growth
CleanSpark’s hashrate increased from 9.6 EH/s to 27.6 EH/s over the past year, driven largely by strategic acquisitions that boosted its mining capacity. Source: https://cointelegraph.com/news/cleanspark-reports-187-percent-hashrate-growth?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BTC’s Future in Focus: 4 Key Factors That Could Drive or Stall Its 2024 Rally
At press time, the crypto economy is cruising at $2.14 trillion, following a modest uptick Friday morning. There are 88 days left in the year, 32 days until the 2024 U.S. Election Day, and 34 days until the Federal Reserve’s next meeting. With numerous developments, including rising tensions in the Middle East, a variety of […] Source: https://news.bitcoin.com/btcs-future-in-focus-4-key-factors-that-could-drive-or-stall-its-2024-rally/
Crypto Biz: Axelar’s new interoperability stack goes live
With dozens of layer-1 blockchains on the market, communication between networks has become a significant pain point for the broader adoption of Web3-based applications. Source: https://cointelegraph.com/news/crypto-biz-axelar-interoperability-stack-goes-live?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Kamala Harris Crypto Policy Gains Support from Mark Cuban
Kamala Harris Crypto Policy is gaining traction as billionaire investor Mark Cuban voices his support for her proactive engagement with the digital asset community. Throughout her 2024 campaign, Kamala Harris has emphasized her willingness to connect with leaders in the cryptocurrency space, setting her apart from the Biden administration’s more stringent regulatory stance. This move aims to resonate with the…
US jobs report signals fewer rate cuts, still bullish for BTC: Grayscale
The bullish jobs report adds fuel to hopes for an “Uptober” and fourth-quarter rally in Bitcoin’s price. Source: https://cointelegraph.com/news/us-jobs-report-fewer-rate-cuts-still-bullish-bitcoin-grayscale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum Price Prediction: Potential Dip Before Surge
The current Ethereum Price Prediction suggests a potential drop before an upward rally. Recently, Ethereum (ETH) has faced significant volatility, dipping by 10.8% in the past week after a strong rally above $2,700 failed to hold. Currently, the price hovers around $2,389, showing signs of recovery, but crypto analysts are divided over what lies ahead for the second-largest cryptocurrency by…