Crypto headed for ‘Banana Singularity’ where everything goes up: Analyst
Real Vision CEO Raoul Pal says the next phase of the Banana Zone will be an altcoin season “when everything goes up” followed by a bigger consolidation. Go to Source
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Bitcoin’s Trump trade dented by rising yields and strong US dollar
Bitcoin’s ability to hold the $100,000 is being suppressed by rising treasury yields and a strengthening dollar. Is the “Trump trade” ending? Go to Source
Thai Authorities Seize Nearly 1,000 Bitcoin Miners in Electricity Theft Bust
Law enforcement in Thailand’s Chon Buri province recently seized nearly 1,000 bitcoin mining rigs from a company accused of illegally accessing electricity. Modified Meters Used to Aid Electricity Theft On Jan. 8, law enforcement agents in Thailand’s Chon Buri province seized nearly 1,000 bitcoin mining rigs from a company accused of illegally accessing electricity from … Read more
Cypherpunk Nick Szabo joins Samson Mow’s JAN3 as chief scientist
“We are very proud of the addition of Nick to the Jan3 team as we ramp up efforts to accelerate the global adoption of Bitcoin,” wrote Mow. Go to Source
Massive Crypto ETF Exodus: $742M Vanishes Overnight
Recent data reveals that spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) experienced collective net outflows amounting to $742.24 million. Blackrock, Valkyrie, and Grayscale Among Crypto ETFs Hit by $742M Reduction On Wednesday, U.S.-based bitcoin and ethereum ETFs faced significant reductions, with bitcoin ETFs losing $582.90 million and ether ETFs seeing $159.34 million in … Read more
Bitcoin Meets AGI: Could AI’s Evolution Lead to Bitcoin Becoming Its Default Currency?
Earlier this week, a Reddit post sparked a thoughtful discussion about artificial intelligence (AI) potentially adopting bitcoin in the era of artificial general intelligence (AGI). The conversation revolved around the idea that, as AI matches or surpasses human-level intelligence across a wide array of tasks, it might naturally turn to bitcoin as the leading cryptocurrency. … Read more
Donald Trump Bitcoin Digital Trading Cards Launched on Ordinals Protocol
The President’s love for crypto continues to shine with the launch of his latest NFT collection on the Ordinals protocol. Trump Debuts Bitcoin Digital Trading Cards President-elect Donald Trump‘s non-fungible token (NFT) collection debuted its first 160 products, the “Trump Bitcoin Digital Trading Cards” on Bitcoin through the Ordinals protocol. NFT marketplace Magic Eden is … Read more
Crypto Community on Edge as Biden’s DOJ Eyes Sale of $6.49 Billion in Seized Bitcoin
On Jan. 9, 2024, discussions have been buzzing within the crypto community regarding the potential sale of $6.49 billion worth of bitcoin (BTC) by the U.S. Department of Justice (DOJ). This speculation arises from a court ruling issued on Dec. 30, in which U.S. Chief District Judge Richard Seeborg sanctioned the forfeiture of 69,370 bitcoin. … Read more
Bitcoin will hit $1.5M by 2035, says analyst who called 2024 bounce
Bitcoin network growth is set to take BTC price to seven figures within the next decade, says Timothy Peterson. Go to Source
Standard Chartered debuts crypto services in Europe with new license
Banking giant Standard Chartered is debuting crypto services in Europein Europe via its new Luxembourg entity after securing a digital asset license under the MiCA framework. Go to Source