Solana beats Ethereum’s economy for the first time in October
According to a report by hedge fund Syncracy Capital, Solana now rivals Ethereum in almost every economic metric.
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Bitcoin futures premium hits 30% but analyst says ‘This time it’s different’
March 30 could become a historical day that will be remembered by Bitcoin (BTC) fans for a long time. Besides marking a 17% recovery from the $50,300 bottom on March 25, PayPal officially confirmed that it will support crypto payments for U.S. customers. Moreover, CME Group announced that its Micro Bitcoin futures contracts will launch…
Study: Bitcoin Whales Are Not Responsible for Volatility
A new study by blockchain research firm Chainalysis shows that Bitcoin (BTC) whales are not responsible for price volatility. The study examined the 32 largest BTC wallets, which reportedly represent 1 million BTC, or around $6.3 billion.BTC whales are individuals or entities that own large amount of the cryptocurrency and are said to exert influence…
How a new SEC chair can boost Ether price and ETF inflows
With Donald Trump’s election, a crypto-friendly regulator may replace SEC Chair Gensler, opening the door for staking rewards on spot ETH ETFs.
Stablecoin less preferable form of tokenized money, BIS paper finds
Bearer instruments such as stablecoin harken back to the days of pre-central bank “free banking,” with all the risks that implies, a BIS working paper says. 219 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe singleness of money is the assurance that public and private money trade…
UN sees blockchain technology as tool to fight climate crisis
The UN will keep exploring the uses of blockchain to improve the reliability of data on harmful greenhouse gas emissions. Amid ongoing concerns over Bitcoin’s (BTC) carbon footprint, the United Nations has said out that cryptocurrency’s underlying technology has massive potential for fixing global issues like climate change.The UN will keep exploring the uses of…
Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning
The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success. 221 Total views 4 Total shares The Reserve Bank of Zimbabwe has sold 14 billion Zimbabwe Dollars’ worth of gold-backed digital tokens worth around $39 million despite a warning from the International Monetary Fund.On May 12, the central bank of Zimbabwe announced…
BTC Plunge, YouTube Ban & Other Challenges: Bad Crypto News of the Week
Bitcoin has been on a downward streak for the last week, down around 15 percent over the last seven days. That’s bad but it could be worse. You might have put your money in stocks. Some people, though, remain optimistic. RT’s Max Keiser predicts that the coronavirus will push Bitcoin up to $100,000, and JPMorgan’s…
Elon Musk launches AI chatbot ‘Grok’ — says it can outperform ChatGPT
Grok costs $16 per month on X Premium Plus. But for now it is only offered to a limited number of users in the United States. 3986 Total views 10 Total shares Elon Musk and his artificial intelligence startup xAI have released “Grok” — an AI chatbot which can supposedly outperform OpenAI’s first iteration of