The man who introduced the Winklevoss twins to crypto ended up in prison. He expressed no regrets to Cointelegraph. Charlie Shrem paid a steep price for his place in crypto history. Major figures in the crypto world were part of…
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Bitcoin price rally to $42K driven by spot volumes, not BTC futures liquidations
Bitcoin futures data counters the assumption that BTC’s rally to $42,000 was primarily propelled by shorts liquidations. What is next for BTC? In the past seven days, Bitcoin (BTC) experienced a whopping 14.5% surge, hitting a 20-month high at $41,130…
ParaSpace to continue NFT lending as it rebrands to Parallel Finance
The protocol will expand to liquid staking and layer-2 solutions while retaining its NFT lending services. Despite rebranding to Parallel Finance for a greater focus on the decentralized finance (DeFi) ecosystem, the nonfungible token (NFT) lending protocol ParaSpace will continue…
An Ocean Launch Post-mortem
Well, let’s just say the launch of Ocean from the social perspective was anything but smooth. The decision to filter out transactions conducting inscriptions should have been communicated clearly on launch day, instead speculation lead to a chaotic shitshow on…
Bitcoin Surges 150% This Year, Hits $42,000 As Spot ETF Excitement Builds
Bitcoin has experienced a 150% surge in value throughout the year, reaching over $42,000 early Monday morning. This explosive growth comes amidst mounting anticipation surrounding the potential launch of a Bitcoin spot exchange-traded fund (ETF) in the United States. The…
Tax services are getting pushy to have crypto declared: Law Decoded, Nov. 27–Dec. 4
Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously declared. Last week, His Majesty’s Revenue and Customs (HMRC) presented an unpleasant Christmas surprise to hodlers in the United Kingdom,…
IBM says it will have hit a quantum computing ‘inflection point’ by 2029
Big Blue’s roadmap says it’s on pace to execute 100 million gates over 200 qubits in 2029 before a 10x improvement by 2033. IBM announced the unveiling of its 1,121-qubit “Condor” quantum computing processor on Dec. Alongside the new chip,…
Coinbase initiative announces crypto-themed US presidential forum
Presidential candidates Asa Hutchinson, Vivek Ramaswamy and Dean Phillips will discuss blockchain and crypto ahead of the New Hampshire Primary. The “Stand With Crypto” campaign launched by cryptocurrency exchange Coinbase plans to bring candidates for the 2024 United States presidential…
Price analysis 12/4: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK
Altcoins show compelling technical setups after Bitcoin price blew past $42,000 on December 4. Bitcoin (BTC) and Ether (ETH) surged above their respective overhead resistance levels on Dec. Cryptocurrency exchange Bybit said in its 4th quarter report that institutional traders…
Meta’s AI boss says there’s an ‘AI war’ underway, and Nvidia is ‘supplying the weapons’
The outspoken executive also said that Meta isn’t pursuing quantum computing because it isn’t currently useful. Meta AI boss Yann LeCun sounded off on the industry-wide state of artificial intelligence (AI) and quantum computing during a recent event to celebrate…
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