According to BitMEX co-founder and former CEO Arthur Hayes, Bitcoin prices may not react positively to interest rate reduction from the Federal Reserve. According to a post by the Maelstrom chief investment officer on X on September 2, Bitcoin values have been struggling and declining since Federal Reserve Chair Jerome
September 3, 2024 1 min read
Vitalik Buterin, co-founder of Ethereum, thinks that with the help of AI and prediction market technologies, the social media platform X can speed up the generation of Community Notes. Users may provide more context to postings that might be misleading by using the Community Notes, which is an X feature.
September 3, 2024 2 mins read
A man from London is the first in the UK to face charges related to running an unlicensed Bitcoin ATM. After a search of a Chatham electronics store by the Kent Police on April 28, 2023, Habibur Rahman, 37, of Langdon Crescent, East Ham, was taken into custody. Moreover, the
September 2, 2024 2 mins read
August saw a decline in the amount of BTC produced, leading to the lowest revenue-generating month for Bitcoin miners since September 2023. Bitbo data reveals that miners’ income reached $827.56 million in August, an increase of 5% from August 2023, but a decrease of almost 10.5% from July’s $927.35 million.
September 2, 2024 1 min read
X (formerly twitter), a social media platform, has been stopped in Brazil by an order of a Brazilian Supreme Court judge, after Elon Musk’s refusal to name a legal representation for the company. As stated in an Associated Press report from August 30, Justice Alexandre de Moraes carried out his
August 31, 2024 1 min read
After a sharp 10% drop from $65,000 earlier this week, Bitcoin has found solid support around $58,000. As a result, the Bitcoin whales have resurfaced and are actively purchasing Bitcoin as it drops in price. Santiment reports that, with many important crypto events about to take place in September, the
August 31, 2024 2 mins read
After legalizing Bitcoin as legal tender, Salvadoran President Nayib Bukele expressed disappointment that the country’s adoption of the cryptocurrency had not progressed as far as expected. Although he acknowledged he had not seen as many advantages as he had hoped, Bukele said in an interview with Time magazine that Bitcoin
August 30, 2024 2 mins read
There has been a new supply low in the quantity of Bitcoin held on cryptocurrency exchanges. Which may be the impetus Bitcoin needs to reclaim the $60,000 mark. According to an analyst at CryptoQuant, on August 29, Bitcoin reserves on exchanges reached new lows for the year. Which might mean
August 30, 2024 1 min read
Layer 1 blockchain Kaia has announced the official launch of its mainnet, as well as the Kaia Wave builder support program developed by Kaia and LINE NEXT to promote consumer adoption of web3 services. With more than 400 partners on board, Kaia, which was formed via the merging of the L1
August 29, 2024 3 mins read
The foundational L1 blockchain, Creditcoin, has announced the launch of its EVM-compatible mainnet, a significant advancement in the use of blockchain technology to achieve global financial inclusion. Together with introducing CreditWallet, a brand-new mobile wallet app designed to maximize user interaction with the Creditcoin ecosystem, this launch furthers the primary goals of Creditcoin.
August 28, 2024 1 min read
