This week’s Crypto Biz explores PayPal’s stablecoin, Coinbase’s new layer 2 network, Bitstamp’s fundraising and the growing popularity of crypto bots on Telegram. In a move that can reshape the digital payments landscape, financial technology giant PayPal has unveiled its…
Kategorie: Crypto Flash News
Scientists used AI to find and track 95K ‘cryptocurrency free giveaway’ scams on Twitter
The San Diego State University team uncovered nearly a million dollars were scammed from victims via the Lists feature on Twitter — now called X. Researchers from San Diego State University in California developed an artificial intelligence (AI) system to…
Price analysis 8/11: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT
After the Aug. 11 Bitcoin ETF decision delay, BTC’s boring price action looks set to carry on through the weekend. Bitcoin continues to frustrate investors with its tight-range consolidation, giving no clue about the possible direction of a breakout. Typically, the…
US gov’t debt downgraded — Huge news for Bitcoin?
Cointelegraph analyst and writer Marcel Pechman explains why the downgrading of U.S. government debt will negatively impact the price of Bitcoin over the next few months. On this week’s episode of Macro Markets, Cointelegraph analyst and writer Marcel Pechman explores…
Bitdeer’s losses widen in Q2 after one-time $33M listing fee, shares up 44%
The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10. Bitcoin miner Bitdeer Technologies, a firm spun-off from prominent Bitcoin Application-Specific Integrated Circuit (ASIC) manufacturer Bitmain, recorded a net loss of $40.4 million…
SEC decision on Bitcoin ETFs won’t leave out Wall Street giants
The Securities and Exchange Commission’s prolonged deliberation over a spot Bitcoin ETF is stoking expectations of a joint decision for all applications. The Securities and Exchange Commission’s (SEC) delay in deciding whether to approve a spot Bitcoin (BTC) exchange-traded fund…
Bitcoin futures open interest at 2023 high while BTC trading volume at yearly low — What gives?
BTC futures open interest is on the rise, but Bitcoin trading volume suggests that traders have shifted their attention to other markets. Bitcoin (BTC) traders are currently not pleased with the recent price trends, especially due to the inability of…
Grails’ lucky dip of famous NFT artists, new hope for PFP holders: NFT Collector
Pudgy Penguins CEO reveals why PFT holders aren’t doomed, Grails offers a blind tasting to buy famous NFT artists, and free Amazon Prime NFTs. Grails by PROOF Season IV Collecting art is historically not just about the art itself but…
5 things crypto must get right for mainstream adoption to happen
Mainstream crypto adoption will require an enormous effort, and it’s still likely to be several years away. Crypto functions much like traditional fiat money, offering an easy way to pay for goods and services and compensate workers for their labor.…
SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments
ARK Investment Management founder and CEO Cathie Wood predicted on Aug. 7 the SEC would delay its decision on the firm’s spot BTC ETF application. The United States Securities and Exchange Commission has delayed a decision on approving or disapproving…