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Bitcoin improvement plan reignites debate over token denomination methods
John Carvalho, the CEO of Bitcoin tools developer Synonym, has proposed the redenomination of Bitcoin as the smallest unit of the digital currency. In the Bitcoin Improvement Proposal (BIP) published on X, he seeks to define 1 Satoshi as 1 Bitcoin, eliminating the need for decimal points. According to Carvalho, the change will reflect the […]Cryptopolitan
Dec 14, 2024
Bitcoin’s Path to $100,000– What It Means for Lightchain AI and Other Altcoins
Bitcoin, the first and most iconic cryptocurrency, has been leading the digital currency revolution since its creation. As it inches closer to the historic $100,000 milestone, exciting opportunities are emerging across the broader crypto market. One standout is Lightchain AI Presale, offering early adopters a chance to tap into incredible potential. This bullish movement in […]Cryptopolitan
Dec 14, 2024
OpenAI whistleblower’s body discovered in apparent suicide in San Francisco apartment
Former OpenAI employee Suchir Balaji’s body has been found in what is described as an apparent suicide. According to the San Francisco Chief Medical Examiner’s office, his body was found in an apartment in San Francisco. Balaji, a former employee of the artificial intelligence firm, OpenAI, is famous for his interview with the New York […]Cryptopolitan
Dec 14, 2024
Justin Sun calls out Coinbase’s leadership over wBTC delisting controversy
Justin Sun, founder of TRON, and Paul Grewal, Coinbase’s Chief Legal Officer, have been sparring on social media over the exchange’s asset listing standards. This comes in after BiT Global sued the US’s biggest crypto exchange over the delisting of wrapped Bitcoin (wBTC) as it prepares to launch a competing product. Coinbase announced on November […]Cryptopolitan
Dec 14, 2024
Skechers hit with massive backlash after TikToker detects AI art in its Vogue ad
Skechers is facing serious criticism for its December Vogue ad, which reportedly used AI. The ad has started conversations on social media about how consumers will respond to such practices. For the first time, Marc Jacobs (guest editor) edited Vogue’s special December issue, placing a full-page ad by Skechers. Many readers found the ad suspicious. […]Cryptopolitan
Dec 14, 2024
Japanese yen hits longest losing streak since June. Are we in trouble again?
The Japanese yen is getting hammered. It has clocked six straight days of losses against the US dollar, falling to 153.48 per dollar as of December 14, 2024. This makes it the worst week for the yen in over two months and its longest losing streak since June. The market is betting hard that the […]Cryptopolitan
Dec 14, 2024
Cardano founder Charles Hoskinson blasts Wyoming Token Commission boss over ADA and XRP exclusion
Cardano founder Charles Hoskinson has heavily criticized the actions of the Wyoming Token Commission. In a recent post on microblogging platform X, Hoskinson did not hold back, ripping into Wyoming Token Commission executive director Anthony Apollo over snubbing Cardano and Ripple in an upcoming stablecoin project. Hoskinson has been vocal about the Wyoming stablecoin project, […]Cryptopolitan
Dec 14, 2024
Trump’s return forces European central banks to soften policies
Europe’s central banks are scrambling as Donald Trump prepares to step back into the White House. His incoming presidency has reignited fears of trade wars, geopolitical tensions, and currency volatility. Policymakers across the continent are in damage-control mode, slashing interest rates and signaling further cuts to shield their fragile economies. The Swiss National Bank (SNB) […]Cryptopolitan
Dec 14, 2024
Bitcoin to reap big benefits as traders avoid trade war volatility
Bitcoin is primed to benefit from the volatility that could engulf traditional markets with the imminent threat of a trade war on the horizon. With Donald Trump already elected, his biggest dilemma will be the issue surrounding the US dollar. While his policies might need the dollar to be weak to boost exports, the reverse […]Cryptopolitan
Dec 14, 2024
China’s stubborn deflation really is a global economic problem
China is spiraling deeper into deflation, and it’s not just Beijing’s problem anymore—it’s everybody’s. Prices have been falling for six straight quarters. One more, and China ties the grim record from the Asian Financial Crisis in the 1990s. But it’s not like Beijing is sitting around doing nothing. Policymakers are trying to fix it, but […]Cryptopolitan
Dec 14, 2024
Ethereum short positions reach record high despite bullish sentiments
Ethereum’s leveraged short position on the Chicago Mercantile Exchange (CME) has reached an all-time high, indicating a strong bearish sentiment in the market. The record leveraged shorts happened as open interest in Ethereum futures on the CME reached a record high of over one million ETH. Overall, open interest in Ethereum has increased over the […]Cryptopolitan
Dec 14, 2024
Japanese lawmaker Satoshi Hamada pushes for a national Bitcoin reserve
House of Councillors member Satoshi Hamada has called for Japan to start considering a national Bitcoin reserve. As more countries are seeking a Bitcoin reserve, a Japanese lawmaker has urged his government to do the same. On December 11, Hamada discussed the proposition with the country’s House of Councillors to investigate how other nations are […]Cryptopolitan
Dec 14, 2024
Dogecoin Price Struggles Between Macro Golden Pocket And Macro 0.5 Fib, Why Bitcoin Holds The Answerled document
The Dogecoin price action is currently locked between two critical technical levels, the macro golden pocket and the macro 0.5 Fibonacci retracement level.This observation washighlBitcoinist
Dec 14, 2024
OpenAI hits back at Elon Musk lawsuit, says he suggested for-profit entity
Elon Musk and OpenAI, the artificial intelligence company he co-founded, are locked in a heated legal battle over its transition from a nonprofit to a for-profit entity. Following Musk’s recent lawsuit, the company is now pushing back, arguing that his lawsuit is rooted in personal grievances rather than legitimate concerns. According to recent reports, OpenAI […]Cryptopolitan
Dec 14, 2024
Donald Trump and the US dollar – Is one really a threat to the other?
Donald Trump’s relationship with the US dollar has always been complicated. During his first term, he openly pushed for a weaker buck, often clashing with the norms of presidential behavior. You know, typical Trump. Back in 2019, after European Central Bank President Mario Draghi hinted at more monetary stimulus, Trump pounced, tweeting that: “Mario Draghi […]Cryptopolitan
Dec 14, 2024
SEC-CFTC merger will simplify crypto regulations, John E. Deaton reveals
Vocal crypto advocate John E. Deaton has revealed the need to merge the Securities and Exchange Commission (SEC) with the Commodity Futures Trading Commission (CFTC) to simplify crypto regulations. The issue of regulating the crypto market has become a widely discussed subject in the United States, with experts and advocates alike giving their opinions. However, […]Cryptopolitan
Dec 14, 2024
xAI to rollout smarter Grok chatbot on X
xAI, the artificial intelligence startup led by Elon Musk, announced significant updates to its flagship chatbot, Grok, and other AI offerings, signaling the company’s drive to expand its footprint in the AI industry. On the eve of December 13, the company revealed that it has begun rolling out an upgraded version of its Grok 2 […]Cryptopolitan
Dec 14, 2024
