A $9.7 Billion Boom in 14 Days—Stablecoin Market Eyes Historic Peak
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A $9.7 Billion Boom in 14 Days—Stablecoin Market Eyes Historic Peak

Over the past 14 days since Nov. 2, an eye-popping $9.736 billion has flowed into the stablecoin economy, adding to the $555 million boost recorded in October. Near Record Highs: Stablecoin Economy Grows Stablecoins have cemented their role as a powerhouse in the crypto world, holding immense value and influence. Over the last two weeks, […] Source: https://news.bitcoin.com/a-9-7-billion-boom-in-14-days-stablecoin-market-eyes-historic-peak/

Rise of the Machines: African Students Fear AI Will Steal Their Jobs
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Rise of the Machines: African Students Fear AI Will Steal Their Jobs

African university students are concerned about the impact of AI on job prospects, while experts argue for a balanced approach that embraces technology while mitigating its potential negative effects. Job Preservation vs. Development: The AI Dilemma Some African University students have voiced concern over the growing adoption of artificial intelligence (AI) and its potential impact […] Source: https://news.bitcoin.com/rise-of-the-machines-african-students-fear-ai-will-steal-their-jobs/

Phantom Wallet Update Leaves Trader With a $1 Million Loss Lesson
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Phantom Wallet Update Leaves Trader With a $1 Million Loss Lesson

A recent update of Phantom, the signature self-custody wallet for the Solana blockchain, logged a meme coin trader out of his account, causing him to lose $1 million. 0xFiyopi, the affected trader, stated that he lost access to these wallets because he did not save the associated seed phrase. Phantom Wallet Update Causes Losses for […] Source: https://news.bitcoin.com/phantom-wallet-update-leaves-trader-with-a-1-million-loss-lesson/

Digital Collectibles Explode—Cryptopunks Soar 665% Amid $179M NFT Market Surge
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Digital Collectibles Explode—Cryptopunks Soar 665% Amid $179M NFT Market Surge

With crypto markets buzzing this week, non-fungible token (NFT) sales followed a similar trajectory, climbing an impressive 90.74% compared to the previous week. Ethereum and Bitcoin NFT Collections Fuel a $179M Weekly Bonanza From Nov. 9 to Nov. 16, NFT sales totaled $179.48 million, as reported by cryptoslam.io. Ethereum NFTs took the lead among 21 […] Source: https://news.bitcoin.com/digital-collectibles-explode-cryptopunks-soar-665-amid-179m-nft-market-surge/

Bitcoin Technical Analysis: BTC Holds Above $90K Despite Consolidation
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Bitcoin Technical Analysis: BTC Holds Above $90K Despite Consolidation

Bitcoin has been holding steady at $90,258 to $90,509 over the last hour and indicators suggest a continuation of positive momentum, though minor pullbacks across timeframes hint at chances for strategic moves. Bitcoin Bitcoin‘s hourly chart showcases a recent climb to $91,909, followed by a slight dip. Recent drops signal bearish movement, but the decline […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-holds-above-90k-despite-consolidation/

Cango Inc. Completes Cash-Settled Acquisitions of Crypto Mining Assets
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Cango Inc. Completes Cash-Settled Acquisitions of Crypto Mining Assets

SHANGHAI, Nov. 15, 2024 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced that it has completed the previously announced acquisition of on-rack crypto mining machines with an aggregate hashrate of 32 Exahash per second (“EH”) for a total purchase price of US$256 million in cash (the “Cash-Settled Transaction”)…

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