In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism’s DAO, which boasted $8.3 billion on Mar. 24, has seen its treasury shrink to $3.8 billion, making it the largest DAO treasury despite the decline. Decentralized Autonomous Organizations […] Source: https://news.bitcoin.com/from-37b-to-24-5b-dao-treasuries-experience-significant-downturn/
XRP holders were on a high after the first XRP ETF application was filed, only to see hopes dim after the SEC’s Ripple appeal. The race is on between Solana and XRP to become the first US altcoin ETF. Source: https://cointelegraph.com/news/xrp-etf-approval-depends-us-election-sec-appeal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A new messaging service billed as “the world’s strongest anonymous chat” has launched in pre-alpha. DarkIRC was created in response to “the brutal censorship of crypto devs by authoritarian regimes,” developer Amir Taaki said in a tweet. The chat service is designed to allow users to communicate without identity tracking. Unlike traditional messaging platforms that require user registration or generate…
Bitcoin edged up to highs of $61,600 in early European trading today, as investors nervously await the U.S. Bureau of Labor Statistics’ release of the September jobs report. At time of publication, the price of Bitcoin has pulled back to around $61,300, up 1% on the day, per data from CoinGecko. Market experts believe this data could play a pivotal…
Brazil’s central bank is developing a synthetic central bank digital currency, which aims to blend decentralization, privacy and programmability. Source: https://cointelegraph.com/news/brazil-decentralized-finance-digital-real-cbdc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability of local currencies and limited access to US dollars. Businesses and individuals view stablecoins as a reliable way to store value and conduct international payments. Stablecoins as a Store of […] Source: https://news.bitcoin.com/inflation-dollar-shortage-fuel-stablecoin-use-in-sub-saharan-africa/
Bitcoin demand in the US is “strong,” but can the Coinbase premium save BTC price action from further downside? Source: https://cointelegraph.com/news/bitcoin-analysis-btc-price-gains-coinbase-premium-golden-cross?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin demand in the US is “strong,” but can the Coinbase premium save BTC price action from further downside? Source: https://cointelegraph.com/news/bitcoin-analysis-btc-price-gains-coinbase-premium-golden-cross?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nubank, the Latam-focused fintech company, recently lowered its cryptocurrency trading fees from 0.8% to 0.6% for each transaction completed. The platform allows for purchasing and selling 15 different cryptocurrencies, including bitcoin (BTC), ether (ETH), solana (SOL), and the USDC stablecoin, among others. Nubank has been lowering its trading rates since last year when it charged […] Source: https://news.bitcoin.com/nubank-lowers-cryptocurrency-trading-fees/
A class action lawsuit accusing Nvidia of misleading investors about the role of crypto mining in its 2017-2018 revenue should be allowed to proceed in the U.S. Supreme Court, US officials argued Tuesday. U.S. Solicitor General Elizabeth Prelogar and SEC senior lawyer Theodore Weiman said the suit is detailed enough to be revived and allowed to proceed, according to an…
