El Salvador marks three years of Bitcoin adoption with $31M profit
Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit. Go to Source
Month: September 2024
Spatial Computing Expert: AI Didn’t Contribute to Metaverse’s Decline
Luis Oscar Ramirez, founder and CEO of Mawari, believes the idea that artificial intelligence (AI) has contributed to the decline in metaverse interest and investment is misguided. Instead, Ramirez said he sees AI as a powerful catalyst for metaverse innovation, enhancing user experiences and making digital interactions more natural, intuitive, and engaging. Metaverse, NFT Decline … Read more
Sub $50K Bitcoin correction remains in play as whales look to sell BTC
Bitcoin could experience more downward pressure leading up to the Sept. 18 US interest rate cut. Will it fall below $50,000 this weekend? Go to Source
ChatGPT maker’s business users top 1M, targets premium OpenAI subscriptions
OpenAI is looking to introduce more expensive subscription plans for upcoming large-language models like the Strawberry and Orion AI models. Go to Source
US prediction market Kalshi scores ‘huge win’ against CFTC
US citizens can now reportedly use Kalshi to bet on the upcoming election through derivatives after a judge overturned the CFTC’s decision. However, the CFTC still has the option to appeal. Go to Source
3 Ethereum DeFi Tokens Flashing Buy Signals for September 2024
September 2024 is pivotal for Ethereum’s DeFi ecosystem, with several tokens poised for significant growth. In this article, we’ll highlight three Ethereum DeFi projects and their tokens －RCO Finance (RCOF), Chainlink (LINK), and Uniswap (UNI) － that are flashing strong buy signals. Let’s dive in. RCO Finance Leading traders flock to RCO Finance, drawn by … Read more
Quantum-Proofed IntelMarkets Partners with Ethereum to Grow Bigger While Toncoin Price Enters Choppy Market
With the cryptocurrency market entering the final quarter of the year, analysts are expecting altcoins like Ethereum (ETH) to have a major bullish run. Historically, September has been a bearish month for the crypto world, but experts think that this year could be different because of catalysts like the US FED Rate Cut and the … Read more
Computer Scientist: Users Will Value Decentralized Systems More as Web3 Tech Matures
The general public is not actively concerned about whether applications are decentralized because they often cannot tell the difference between centralized and decentralized systems, according to Cais Manai, co-founder of Obscuro Labs. What matters more to them, Manai argues, is how decentralization can address real-world issues. Users Set to Value Decentralized Systems More As an … Read more
Largest Japanese Banks to Use SWIFT-Linked Stablecoin System for Cross-Border Payments
The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The initiative, Project Pax, replaces correspondent banks with blockchain technology, linking it to SWIFT to allow users to initiate payments conventionally using regular banking rails. Japanese Banks Aim to Ditch Intermediaries for Blockchain-Based Stablecoin System Traditional … Read more
Bitcoin bears base $40K prediction on ‘self induced fear’ — Samson Mow
Jan3 CEO Samson Mow reiterated that fear-driven markets “never lasts long” because fundamentals usually “win out over time.” Go to Source
