The current CryptoQuant Bitcoin exchange reserve metric is roughly 2.5 million coins — the lowest level recorded during this market cycle. Source: https://cointelegraph.com/news/bitcoin-may-reach-180-k-end-2025-tymio-founder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: November 2024
AI Crypto Startup O.XYZ Faces Allegations of Misrepresentation and Internal Turmoil: Sources
O.XYZ, a blockchain and AI company touting crypto and artificial intelligence services, is facing allegations of falsely inflating its technological claims and engaging in aggressive tactics to suppress dissent within the company. While founder Ahmad Shadid has defended both his and the company’s actions, multiple sources familiar with the company’s operations who spoke with Decrypt have refuted public claims, alleging…
Google’s AI Breakthrough Brings Quantum Computing Closer to Real-World Applications
Google researchers have discovered a new technique that could finally make quantum computing practical in real life, using artificial intelligence to solve one of science’s most persistent challenges: more stable states. In a research paper published in Nature, Google Deepmind scientists explain that their new AI system, AlphaQubit, has proven remarkably successful at correcting the persistent errors that have long…
MARA Piles Into Bitcoin: 5,771 BTC Bought After $1B Note Offering
MARA Holdings Inc., the largest publicly traded bitcoin mining firm, has wrapped up a $1 billion issuance of 0% convertible senior notes set to mature in 2030. Nasdaq Listed Bitcoin Miner MARA Buys 5,771 Bitcoin Following Sale of Convertible Notes MARA Holding, listed as MARA on Nasdaq, stated that the funds will go toward acquiring […] Source: https://news.bitcoin.com/mara-piles-into-bitcoin-5771-btc-bought-after-1b-note-offering/
Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny
With bitcoin reaching unprecedented heights, critics have come out in full force, dusting off age-old arguments. The tired accusations resurface: calling it a pyramid scheme, claiming it’s worthless because it isn’t physical, or likening it to the infamous Tulip mania. These overused jabs seem to have become a standard playlist whenever bitcoin captures attention. The […] Source: https://news.bitcoin.com/bitcoin-vs-tulip-mania-why-the-comparison-wilts-under-scrutiny/
Bitcoin 'wild' odds see 85% chance of BTC price above $100K by New Year
Bitcoin predictions easily favor a six-figure BTC price by the start of 2025, but sell-side pressure keeps growing. Source: https://cointelegraph.com/news/btc-price-odds-85-chance-100k-bitcoin-new-year?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETFs see $2.4B inflows as China ETFs hit record outflows
Bitcoin’s price action has historically benefited from economic concerns and issues in the banking industry. Source: https://cointelegraph.com/news/bitcoin-etfs-inflows-china-etfs-outflows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Venture Capitalist Cites Funding, Talent for Web3 Development Surge in Emerging Markets
A venture capitalist says emerging markets, particularly India, are becoming hubs for Web3 development due to attractive funding, talent, and ecosystems. India: Go-to Place for Recruiting Web3 Companies According to Tak Lee, CEO of Hashed Emergent, the declining share of Web3 development activity in North America and Europe is being offset by a surge in […] Source: https://news.bitcoin.com/venture-capitalist-cites-funding-talent-for-web3-development-surge-in-emerging-markets/
Ether price faces correction before rally to $20K in 2025 — Analysts
Analysts are eyeing a potential $20,000 cycle top for the Ether price, which is expected to gain momentum in the first half of 2025. Source: https://cointelegraph.com/news/ether-price-correction-2025-target?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Technologist: Decentralized Data Crowdsourcing Is Key to Countering Big Tech’s Dominance
A tech CEO proposes “democratizing” AI by using decentralized data crowdsourcing. Decentralized Data Crowdsourcing: A Path to Bias-Free AI Technologist and CEO of Synesis One, Isaac Bang, warns against the “extremely dangerous” scenario of a few tech giants hoarding data and leading the artificial intelligence (AI) race. He argues for the “democratization” of AI power, […] Source: https://news.bitcoin.com/technologist-decentralized-data-crowdsourcing-is-key-to-countering-big-techs-dominance/