News
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Bitcoin’s Short-Term Holder SOPR At A Critical Level, What Does This Mean For BTC?
As Bitcoin’s price continues to fluctuate, several important metrics might be essential in determining the digital asset’s next direction so that crypto enthusiasts and investors can position themselves for notable market shifts in the upcoming days.
Analyst Says the Dogecoin Price Will Keep Outperforming Bitcoin While This Altcoin Aims for a 43,209% Rally
The Dogecoin price is outperforming Bitcoin. Surprising right? Dogecoin is renowned for its ability to outperform other cryptos during price swings. This is the case here, as DOGE,Bitcoinist
Wed, Nov 27
Electricity shortages thwart Russia’s AI ambitions, despite crypto mining bans
Electricity shortages have caused problems for many economies, limiting Russia’s AI ambitions, although the country has cut on the energy-consuming crypto mining in some areas. Crypto mining activities and AI data centers are reportedly consuming huge amounts of energy as well as water to cool servers. This also comes as many countries fail to sustain […]Cryptopolitan
Tue, Nov 26
AI, Tesla, DOGE: Here’s how Elon Musk’s bold bets are reshaping his $300bn empire
Elon Musk’s net worth recently surpassed $334 billion, thanks to the US Elections, a surge in Tesla’s valuation, and high-risk innovative AI investments. 2024 is working well for Musk as his wealth has climbed by more than $70 billion since 2023. Amid an array of revenue streams and changing markets, Musk is possibly hinting at […]Cryptopolitan
Tue, Nov 26
Trump wants the CFTC to be in charge of crypto regulation, not SEC
Donald Trump’s incoming administration has plans to hand over most of the crypto industry’s regulatory power to the Commodity Futures Trading Commission (CFTC). This is a direct move to strip the Securities and Exchange Commission (SEC) of its grip on the $3 trillion crypto market—a market that’s been stuck in a regulatory disaster for years. […]Cryptopolitan
Tue, Nov 26
Bitwise files for Bitcoin-Ethereum ETF with SEC, plans NYSE launch
Bitwise Asset Management has filed a proposal with the U.S. Securities and Exchange Commission (SEC) for a joint Bitcoin-Ethereum exchange-traded fund (ETF). If approved, the ETF will give investors exposure to the two largest cryptocurrencies without requiring them to hold the assets directly. The plan is to list the ETF on NYSE Arca, though the […]Cryptopolitan
Tue, Nov 26
Cardano implements first ZK smart contract
Cardano has successfully launched its first zero-knowledge (ZK) smart contract on the mainnet, marking a major accomplishment. The transaction was done by Input Output with the use of Halo 2 zkSNARK technology and proves Cardano’s focus on innovation and scalability in the field of blockchain. Sebastien Guillemot, the co-founder of dcSpark, said that this transaction […]Cryptopolitan
Tue, Nov 26
Rumble plans to allocate $20M of excess cash reserves to Bitcoin
Rumble, the conservative-leaning video platform, announced on Monday night that it will channel up to $20 million of its extra cash into Bitcoin. As soon as the news broke, Rumble’s stock shot up almost 4% in after-hours trading. Chris Pavlovski, Rumble’s chairman and CEO, had plenty to say about the decision. He called Bitcoin a […]Cryptopolitan
Tue, Nov 26
Here’s how to deal with Trump’s tariff threats – Market Analysts
During his first term, Trump used tariffs to punish countries like China for what he called unfair trade practices. Now, he is using the latest measures to stop the flow of drugs and people crossing the US border without documents. Here is a way of escape. Trump said that on his first day as president, […]Cryptopolitan
Tue, Nov 26
TRON’s Justin Sun joins Trump’s crypto venture WLFI as Advisor
Donald Trump’s crypto platform, World Liberty Financial (WLFI), just locked in a high-profile partnership by bringing Justin Sun onboard as an Advisor. The founder of TRON and one of blockchain’s most talked-about figures, Sun has also invested $30 million into the platform, making him WLFI’s largest backer. WLFI, branded with Trump’s name under an LLC […]Cryptopolitan
Tue, Nov 26
Binance to stop listing meme coins?
Binance’s approach to meme coin listings is a crypto community conversation which is now joined by the former CEO Changpeng Zhao. CZ has voiced concerns about overemphasizing meme coins. Is CZ trying to solve a problem? Or is he whitewashing concerns that Binance promotes “pump and dump” by listing low-market-cap tokens with questionable value? Meanwhile, […]Cryptopolitan
Tue, Nov 26
Inflection says it won’t compete in building next-generation AI models, but acquires startups
AI startup Inflection announced on Tuesday that it will not compete in building next-generation AI models, despite acquiring three other startups. This comes as the company, which was one of the hottest AI startups a year ago, has experienced major changes in its management structure after Microsoft hired its then-chief executive officer Mustafa Suleyman to […]Cryptopolitan
Tue, Nov 26
