AI memecoin millionaire Truth Terminal has sparked an AI boom in crypto
Emerging developments in AI could provide the breakthrough that has been missing for cryptocurrencies.
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The convergence between Tesla, SpaceX, renewable energy and Bitcoin mining
Tesla — a top 10 company in the Fortune 100 that is run by one of the world’s wealthiest people, Elon Musk — transferred $1.5 billion of its treasury cash into Bitcoin (BTC) in early February. Musk’s Bitcoin purchase startled traditional investors, who now had to understand how their investment in Tesla would relate to…

Whales can now use Bitcoin to purchase private jets
One aircraft comes at a cost of roughly 3,750 Bitcoin. A private aircraft sales company has started allowing customers to purchase any of their multi-million dollar jets using Bitcoin.According to a Sept. 13 report from news outlet Business Insider, U.S.-based Aviatrade is currently selling an upgraded 2014 Gulfstream G650ER for $40 million — roughly 3,750…

Institutional investors aren’t buying Bitcoin at 50% of all-time highs …for now
Ahead of the major GBTC unlocking event, it seems institutions and retail alike have cold feet about $34,000 Bitcoin. 2224 Total views 4 Total shares Institutions are holding their breath when it comes to buying more Bitcoin (BTC), even at $34,000.According to data covering BTC balances on major exchange Coinbase, little mass buying has occurred…

Massive Bitcoin Plunge Nothing More Than Traders Being Traders, OKCoin Exec Says
Bitcoin's recent price dive may have been nothing more than the result of standard trading activities. 2074 Total views 35 Total shares Bitcoin (BTC) dove more than $1,000 on some exchanges on June 2, although the event seems to be the result of simple trading activity, according to OKCoin's head of market development Matthew Ficke. "Price…

SEC, FBI, DOJ coordinate takedown of 4 fraudulent crypto firms
A complex set of overlapping companies, individuals and alleged crimes have been tackled by US federal authorities.
ETH developer programs AI-generated memecoin AstroPepeX using ChatGPT
“What if ChatGPT could deploy its own token?” You probably guessed the answer - AstroPepeX has been minted and is being traded on a handful of DeFi and centralized exchanges. 239 Total views 16 Total shares An Ethereum developer has managed to get ChatGPT to launch its own ERC-20 token, AstroPepeX, modeled off data from

Bitcoin metrics to the moon: ATH for hash rate, daily transactions and Ordinals
A lot of Bitcoin (BTC) miners just came online. The Bitcoin hash rate, or the total computing power of the Bitcoin blockchain, just soared to 439 exahash per second (EH/s). Moreover, the number of transactions the Bitcoin blockchain processed in one day exceeded 682,000, as over 300,000 Ordinals were inscribed on the Bitcoin blockchain. The hashrate,…

TZERO CEO Issues Letter to Investors, Addresses Patrick Byrne’s Resignation
The CEO of Overstock’s blockchain subsidiary tZERO, Saum Noursalehi, has issued an update on tZERO’s progress and addressed the departure of Overstock’s CEO Patrick Byrne.In a letter to investors published on Sept. 6, Noursalehi addressed Byrne’s resignation as the CEO of American e-commerce giant Overstock.com. Noursalehi assured that Byrne’s departure will not have an impact…