ETH price lost the $4,000 level as Bitcoin and altcoins corrected. Is this a standard correction or is something else at play? Source: https://cointelegraph.com/news/ethereum-falls-to-3-8-k-but-are-eth-traders-turning-bearish?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: December 2024
Elon Musk: IRS relies on old computers, ‘can’t pass basic audits’
The unofficial US head of government efficiency has declared himself a volunteer IT consultant for the Trump administration. Source: https://cointelegraph.com/news/elon-musk-irs-relies-decades-old-computers-can-t-pass-basic-audits?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DeFi TVL nears 2021 highs on liquid restaking, Bitcoin L2s
Total value locked on decentralized finance protocols is up nearly 150% so far this year. Source: https://cointelegraph.com/news/defi-tvl-nears-2021-highs-liquid-staking-bitcoin-layer-2s?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Sell It All—Peter Schiff Urges Biden to Ditch US Bitcoin Reserves Before Trump’s Return
Gold advocate and economist Peter Schiff is not exactly cheering from the sidelines when it comes to a U.S. strategic bitcoin reserve. On Monday, he sparked conversation on social media, declaring that the smartest move President Joe Biden could make before leaving office is to offload all the U.S. government’s bitcoin holdings. Schiff Wants Joe […] Source: https://news.bitcoin.com/sell-it-all-peter-schiff-urges-biden-to-ditch-us-bitcoin-reserves-before-trumps-return/
Dogecoin, XRP and Solana Slide as Bitcoin Price Falls Below $97K
Bitcoin popped back above the $100,000 mark Monday morning, but the six-figure position didn’t last for long: The price of the leading cryptocurrency has fallen below $97,000 as of this writing, with other major assets falling alongside. Dogecoin and XRP are the biggest daily losers in the top 10 coins by market cap, each falling by approximately 8% over the…
Amazon Urged to Buy Bitcoin as Microsoft Shareholders Consider BTC Proposal
Amazon shareholders at a conservative think tank have sent a proposal to the retail and tech giant, urging it to create a Bitcoin treasury reserve following a record-breaking run for the largest cryptocurrency. In a shareholder proposal dated December 6, The National Center for Public Policy Research asked Amazon to consider holding at least 5% of its assets in Bitcoin.…
President-Elect’s Son, Eric Trump, Discusses US Crypto Leadership in Interview
Eric Trump, son of President-elect Donald Trump, detailed ambitions to establish the United States as a global leader in cryptocurrency during a CNBC interview in Abu Dhabi, United Arab Emirates. Eric Trump Tells CNBC That the Trump Administration Aims to Establish U.S. as a Crypto Superpower Speaking on Monday with CNBC, Eric Trump emphasized the […] Source: https://news.bitcoin.com/president-elects-son-eric-trump-discusses-us-crypto-leadership-in-interview/
Solana DeFi Exchange Jupiter Gets OK for Airdrops After First $1.7 Billion Vote Failed
Solana decentralized exchange (DEX) aggregator Jupiter is set to airdrop JUP tokens to its community over the next two Januaries after the Jupiter DAO—the collective of JUP token holders—approved a revised airdrop proposal following a failed first try to hand out $1.7 billion worth of tokens. More than 87% of votes were in favor of the second proposal, which made…
Trump follows through on crypto promise, SEC pushes back against Binance: Law Decoded
Donald Trump has nominated Paul Atkins, a pro-crypto former SEC commissioner, to replace Gary Gensler as SEC chair. Source: https://cointelegraph.com/news/trump-follows-through-on-crypto-promise-sec-pushes-back-against-binance-law-decoded-dec-2-9?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Layer 0: Solving Bitcoin’s interoperability challenges
Solving Bitcoin interoperability through a “layer 0” network can unlock its full potential in Web3. Source: https://cointelegraph.com/news/layer-0-solving-bitcoin-s-interoperability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound