Bitcoin’s brief rally to $69,000 maybe have been “driven by speculation” for a Trump victory. Meanwhile, BTC options traders say $80,000 is programmed. Source: https://cointelegraph.com/news/bitcoin-price-action-donald-trump-united-states-election-odds-crypto-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Sky’s Rune Christensen Reveals Star Allocation Proposal—and Possibly a Return to the Old Maker Name
Rune Christensen, founder of Makerdao, has outlined a comprehensive plan for the future of the decentralized finance (defi) ecosystem, highlighting the success of the USDS stablecoin and introducing the Star Allocation System Framework. A key aspect of the plan includes a possible transition back to the Maker brand, following community feedback on recent changes. Makerdao […] Source: https://news.bitcoin.com/skys-rune-christensen-reveals-star-allocation-proposal-and-possibly-a-return-to-the-old-maker-name/
Paul Tudor Jones says 'all roads lead to inflation,' long Bitcoin
The hedge fund veteran also suggests holding gold, commodities, and technology stocks. Source: https://cointelegraph.com/news/paul-tudor-jones-all-roads-lead-inflation-long-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Buenos Aires rolls out blockchain-based ID for 3.6M residents
Residents of the Argentine capital now have access to decentralized digital IDs on their mobile devices, powered by the scaling protocol ZKsync Era. Source: https://cointelegraph.com/news/buenos-aires-blockchain-based-id-residents?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Michael Saylor’s Comments Ignite Bitcoin Community Debate
In a recent interview with journalist Madison Reidy, MicroStrategy CEO Michael Saylor ignited a storm of controversy within the Bitcoin community with his statements on Bitcoin custody and government regulation. His comments centered on the risks of institutions holding large amounts of Bitcoin, the possibility of government intervention, and the lessons (or lack thereof) from historical events like the 1933…
Bitcoin Nears All-Time High with US Election and ETF Buzz
Bitcoin’s value has been rising steadily since September, driven by central banks’ monetary policies and the anticipation of the upcoming US presidential election, dubbed the “Trump trade.” Over the past week, Bitcoin has surged by 9% and has climbed 31% since its low in September. The cryptocurrency briefly topped $69,000 before retracing to around $67,000 on Monday, marking its highest…
SOL Outperforms, 10y Rises above 4.2%, AI Tokens Dominate flows
SOL Outperforms, 10y Rises above 4.2%, AI Tokens Dominate flows BTC: 67k (-2%), ETH: 2620 (-4%), SOL: 166 (0%). Top Gainers: APT, UNI, HNT, POPCAT, RUNE, KAS. BTC drops, SOL continues to outperform. PumpFun has sold $78m of SOL fees so far. Raydium flips ETH for 24hr fees. Scroll launches at $1.2bn FDV, disappoints. Crypto only really used for drug…
Anthropic beta lets Claude AI operate users' computer mouse, keyboard
The company says the feature is “still experimental—at times cumbersome and error-prone” but hopes developer feedback will accelerate its development. Source: https://cointelegraph.com/news/anthropic-beta-claude-ai-operate-computer-mouse-keyboard?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue
Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW. Core Scientific and Coreweave Extend Partnership This contract extension could bring Core Scientific’s (Nasdaq: CORZ) total revenue up to $8.7 billion over the next 12 years. […] Source: https://news.bitcoin.com/btc-miner-core-scientific-expands-contract-with-coreweave-eyes-8-7b-in-hpc-revenue/
Raydium beats Ethereum in 24-hour fee revenues
Solana-based Raydium clocked $3.4 million in fee revenue on Oct. 21 versus $3.35 million for Ethereum, according to DeFiLlama. Source: https://cointelegraph.com/news/raydium-bets-ethereum-24-hour-fee-revenues?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound