Daily Archives: Feb 3, 2024

El Salvador Stands Firm on Bitcoin, Defying IMF’s Renewed Call to Drop BTC as Legal Tender

El Salvador has reaffirmed its commitment to embracing bitcoin despite the International Monetary Fund’s repeated calls for the country to drop the cryptocurrency as legal tender. The Salvadoran vice president emphasized that not only will El Salvador’s bitcoin law...

Veteran Investor Jim Rogers on Crypto: Bitcoin Unlikely to Become Money, Governments Favor CBDCs

In a new interview, Jim Rogers, who helms Rogers Holdings Inc. and was a co-creator of the Quantum Fund alongside George Soros in the 1970s, shared his observation of “various signs that something is going to go wrong soon”...

AI Crypto Market Cap Leaps $1.07 Billion in 12 Days Led by Bittensor’s Rise

In the span of just 12 days, the market cap of the artificial intelligence (AI) cryptocurrency sector has risen from $6.08 billion to its present valuation of $7.15 billion. This growth is primarily attributed to the impressive performance of...

NFT Collections Drive Market Recovery With a 3.74% Increase in Weekly Sales

NFT sales have experienced a 3.74% increase compared to the previous week, totaling $236,234,800 over the past seven days. The latest rise defies the pattern of consecutive weeks marked by declining NFT sales. NFT Sales Climb Higher, Defying Recent 2-Week...

Countdown to Bitcoin’s Fourth Halving: A Shift in the Crypto Economy Looms

At the time of writing, we are now less than 80 days away from Bitcoin’s fourth halving event, where the block reward will decrease from 6.25 bitcoins per block to 3.125 bitcoins per block post-halving. As is customary, market...

Qtum Platform to Serve $1.7 Trillion Global Blockchain Development Market in 2024 Expansion Plan

PRESS RELEASE. The new Qtum roadmap for 2024 will pioneer Qtum’s first USDC token swaps with a token bridge, support for Bitcoin Ordinals, and upstream support to Qtum Core. These new features are likely to open the DeFi floodgates,...

Grayscale’s GBTC Bitcoin Holdings: A $6 Billion Exodus in 22 Days

According to data, Grayscale’s Bitcoin Trust, GBTC, recently released another batch of bitcoin valued at $184.19 million. GBTC’s holdings decreased from 482,592.18 bitcoin to the current 478,337.43 bitcoin in just one day, marking a reduction of 4,254.75 coins. Since...

Binance Freezes $4.2 Million in Stolen XRP; Ripple Investigation Aided by XRP Ledger Foundation

After the unauthorized access of Ripple co-founder Chris Larsen’s personal holdings, Binance CEO Richard Teng revealed that the platform had successfully “managed to freeze $4.2 million” of the compromised assets. Teng elaborated that Binance is committed to “support Ripple...

Bitfinex Securities Launches in El Salvador

Bitfinex has launched Bitfinex Securities El Salvador S.A. de C.V., its securities tokenization services company in the country. The exchange, one of the first regulated digital asset service providers in El Salvador, expects its proposal to be well-received among...

Larry David Reflects on Super Bowl FTX Ad: ‘Like an Idiot, I Did It’

At the premiere of “Curb Your Enthusiasm’s” final season, Larry David expressed remorse for his participation in a Super Bowl commercial for FTX, reflecting on the decision as misguided after the cryptocurrency exchange’s bankruptcy. Larry David Admits Regret Over FTX...

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Mike Tyson joins boxing blockchain project

Boxing legend Mike Tyson has partnered with the blockchain venture for boxers Prepared To Battle. In accordance with a press...