David Bailey, CEO of Bitcoin Magazine and crypto aide for the Trump campaign, believes that Trump’s victory in the upcoming election could trigger a bitcoin ‘space race,’ as countries rush to accommodate their policies to align with the U.S. Bailey also stated that they have secured several 7-figure commitments for Trump’s pro-crypto $100 million war […] Source: https://news.bitcoin.com/bitcoin-magazine-ceo-a-trump-victory-will-trigger-a-bitcoin-space-race/
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports More than four months after the game launched via messaging app Telegram, Notcoin debuted its NOT token Thursday via The Open Network (TON)—and the massive airdrop…
Kucoin, a global cryptocurrency exchange platform, announced on May 15 that it has temporarily suspended its peer-to-peer (P2P) services for the Nigerian naira, as well as the Fast Buy service via naira cards. The crypto exchange stated that during this period, it will focus on ensuring compliance and creating a more robust and secure environment […] Source: https://news.bitcoin.com/cryptocurrency-exchange-kucoin-suspends-p2p-services-for-nigerian-naira/
The United States Senate voted Thursday to repeal the Securities and Exchange Commission’s anti-crypto banking rule, Staff Accounting Bulletin (SAB) 121, in a vote that saw Democrats unite with Republicans. But President Joe Biden is likely to veto the move, based on his previous comments. Republican lawmakers had led the charge on attempting to take down the policy, which discourages…
The US Securities and Exchange Commission has yet to decide on spot Ethereum exchange-traded funds. On May 16, Billy Markus, co-founder of Dogecoin, expressed his doubts about their approval, suggesting that the SEC is “compromised” and may reject the ETFs. Markus made his skeptical comment in response to a social media post discussing the importance of spot Ether ETFs for…
Analysts say Bitcoin price could range trade for up to 5 months, but longer-term technical and on-chain data continues to point to a 6-figure BTC price target. Source: https://cointelegraph.com/news/bitcoin-could-consolidate-for-4-or-5-months-but-big-cup-and-handle-looks-promising-analyst
Ibex Pay, a payment rail that accepts Bitcoin payments via the Lightning Network, announced on May 15 that it will cease operations in the U.S. The payment firm stated that the suspension of services for the U.S. market will take effect on May 31, but did not provide reasons for the decision. The company is […] Source: https://news.bitcoin.com/bitcoin-lightning-payments-service-provider-ibex-pay-to-suspend-us-operations/
U.S. President Joe Biden said he intended to veto the joint resolution aimed at overturning an SEC rule requiring banks to keep customers’ digital assets on its balance sheets. Source: https://cointelegraph.com/news/senate-resolution-sec-crypto-rule-passes
JPMorgan (NYSE:JPM) estimates that the current cost of mining Bitcoin has dropped to around $45,000, down from over $50,000. This decrease follows the quadrennial halving event last month, which cut miner rewards by 50%. The hashrate, which measures the total combined computational power used for mining and processing transactions on the Bitcoin network, did not immediately fall post-halving as expected.…
Buterin’s comments reference new research indicating most humans can no longer tell when they’re talking to a machine. Source: https://cointelegraph.com/news/vitalik-buterin-gpt-4-passed-artificial-intelligence-turing-test
