PRESS RELEASE. Ethereum has experienced countless innovations since its inception, but few concepts have had the potential to shake the blockchain space like Lightchain AI’s revolutionary approach. With an astounding 5 million tokens sold in their presale, Lightchain AI is introducing a groundbreaking protocol, “Proof of Intelligence” (PoI), poised to redefine decentralized technology. What is […] Source: https://news.bitcoin.com/ethereum-fork-lightchain-ai-introduces-proof-of-intelligence-with-5-7m-sold-in-presale/
Month: December 2024
Bitcoin Technical Analysis: Bears Tighten Grip as Price Dips Below Key Levels
Bitcoin is rocking at $95,492, with a market cap of $1.89 trillion, a 24-hour trade whirl of $42 billion, and prices swinging between $95,134 and $99,886 today. Bitcoin Bitcoin‘s 1-hour chart showcases a dramatic drop from $99,881 to $95,111, with hefty selling pressure shown by big red candles. Small-bodied candles with long wicks point to […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-bears-tighten-grip-as-price-dips-below-key-levels/
Brazil’s self-custodial stablecoin ban to catalyze decentralization
Crypto execs are confident that it won’t be easy to enforce Brazil’s self-custodial stablecoin ban, with many examples proving that further decentralization is inevitable. Source: https://cointelegraph.com/news/brazil-stablecoin-ban-self-custody-impact?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Vitalik Buterin adopts Moo Deng with 88 ETH zoo donation
Buterin has made frequent crypto donations to charitable organizations, including memecoins that get sent to his wallet address. Source: https://cointelegraph.com/news/vitalik-buterin-adopts-viral-pygmy-hippo-moo-deng?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Botswana Council: Virtual Assets Market ‘Poses Limited Risks to Financial Stability’
The Botswana Financial Stability Council’s October 2024 report said the virtual assets market and cyber risks from fintech currently pose minimal threats to financial stability. Tech Advances Fuel Financial Stability Risks Authorities in Botswana consider both the virtual assets market and cyber risks arising from financial technology (fintech) to be relatively undeveloped, posing minimal threats […] Source: https://news.bitcoin.com/botswana-council-virtual-assets-market-poses-limited-risks-to-financial-stability/
Bitcoin Runes loses all momentum by 2024 end
The Bitcoin Runes protocol, which had a daily transaction count of over 750,000 on April 23, now struggled to reach 100,000 in December. Source: https://cointelegraph.com/news/bitcoin-runes-decline-2024-transaction-share?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards
PRESS RELEASE. CryptoGo is committed to providing Web3 users with the most convenient and secure Web3 mobile payment experience. We’re excited to announce the launch of our Alpha Test in Vietnam! Be among the first to experience seamless, secure crypto payments—and earn amazing rewards! Why Join the CryptoGo Alpha Test? Experience the Latest Crypto Payment […] Source: https://news.bitcoin.com/cryptogo-alpha-test-in-vietnam-test-crypto-payments-and-earn-exclusive-rewards/
Ethereum shorter gains $1.1M on 50X leverage in 2 days
Beyond the $1.1 million unrealized profit, the trader earned over $680,000 worth of funding fees on his short position, ripe for liquidation above $4,750. Source: https://cointelegraph.com/news/crypto-trader-makes-1-1m-ether-short-leveraged-trade?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price dips 4% as TradingView 'glitch' sends dominance to zero
BTC price stability wobbles in what appears to be a knee-jerk response to erroneous Bitcoin dominance data. Source: https://cointelegraph.com/news/bitcoin-price-dips-4-tradingview-glitch-dominance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
El Salvador’s Bitcoin Buying Spree Continues on Christmas Day—IMF Left Watching
El Salvador, the smallest and most densely populated country in Central America, keeps piling on the bitcoins, adding another coin to its treasure on Christmas Day, boosting its reserves to 5,997.77 BTC, now valued at a cool $595 million. El Salvador’s Festive BTC Grab: One Coin a Day Keeps Skeptics at Bay El Salvador recently […] Source: https://news.bitcoin.com/el-salvadors-bitcoin-buying-spree-continues-on-christmas-day-imf-left-watching/