Bitcoin trades under $57K, but data suggests pro traders are not bearish
Bitcoin price fell closer to $56,000, leading traders to question whether the bull market is coming to an end. US job market data could hold the answer. Go to Source
Month: September 2024
Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs
On Thursday, the crypto market mirrored the stock market’s downturn ahead of Friday’s anticipated U.S. jobs report. All major U.S. stock indices slipped into the red, with bitcoin (BTC) tumbling 3.6% in the past 24 hours. Meanwhile, gold enjoyed a nearly 1% gain, climbing back above the $2,500 per ounce mark. Recession Fears Loom as … Read more
Ethereum now and then: A 10-year look back
I started working on Ethereum in 2014. The subsequent 10 years in blockchain have been strange — disappointing in some ways but amazing in others. Go to Source
Coinbase leads crypto lobby surge with 3,475% spending jump since 2017
Crypto lobby spending in the US has surged by 1,386% since 2017, including a huge jump in the last two years. Go to Source
Elon Musk Hints At Making Dogecoin A Payment Method For Tesla
Elon Musk has implied the possibility of Dogecoin (DOGE) returning as a payment method for Tesla’s merchandise, potentially drawing increased institutional interest toward the broader crypto market. As digital assets gain more mainstream acceptance, assets with significant and unique use cases like ETFSwap (ETFS) are poised to lead the charge and outperform meme coins like … Read more
A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records
In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant chunk of the $2.03 trillion crypto economy. This year, Bitcoin and Ethereum, the two biggest L1 chains, hit all-time highs in daily confirmed transactions. Yet, despite their progress, BTC and ETH still lag … Read more
Whale Watch: AI Project Giants And MinePro’s Tokenized BTC Mining On The Rise
AI Avengers Assemble: The Artificial Superintelligence (ASI) Alliance The Artificial Superintelligence (ASI) Alliance, formed by Fetch.ai, SingularityNET, and Ocean Protocol, marks a significant milestone in the realm of decentralized AI. This strategic collaboration aims to accelerate the development of decentralized Artificial General Intelligence (AGI), which surpasses human cognitive abilities, and ultimately achieve Artificial Superintelligence (ASI). … Read more
Vitalik Buterin: Bullish on Google sign-in, bearish on duels to the death
Buterin says prediction markets are better for settling beef, but Elon Musk says he’s packing historical heat. Go to Source
GOMINING Token Review: Exploring Fundamental and Technical Factors
Given the volatility of the crypto market, the opportunity for cryptocurrencies to skyrocket in value comes with an equally significant risk of them plummeting. This reality forces investors and users to identify tokens that are less likely to lose their value suddenly. According to Statista, as of August 2024, there were over 10,000 active cryptocurrencies, … Read more
Fractal Bitcoin: good or bad for mining revenues?
August 2024 represented the worst month for Bitcoin mining revenue since September 2023, with $827.56 million in fees generated. Go to Source
