Cryptocurrency Market

  • Market Cap: $2,254,715,571,135.53
  • 24h Vol: $123,601,784,651.80
  • BTC Dominance: 56.42%

Cryptocurrency

korean-researcher-says-benefits-of-spot-crypto-etfs-are-outweighed-by-potential-harm

Korean Researcher Says Benefits of Spot Crypto ETFs Are Outweighed by Potential Harm

A researcher with the Korean Institute of Finance has warned South Korea against introducing spot cryptocurrency exchange-traded funds (ETFs) because these may pose risks to financial stability. The introduction of spot crypto ETFs could exacerbate the inefficient allocation of resources. Spot Crypto ETFs Cause Inefficient Allocation of Resources Bo-mi Lee, a researcher with the Korean […]

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iran-officially-unveils-central-bank-digital-currency-project

Iran Officially Unveils Central Bank Digital Currency Project

Iran officially unveiled its central bank digital currency (CBDC) on Sunday during a ceremony attended by Central Bank of Iran (CBI) Governor Mohammad Reza Farzin and chief executives of several major banks. This digital currency, issued electronically by the central bank, aims to streamline transactions within the country’s banking system. A pilot project will commence

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crypto-industry-future:-insights-from-marathon-digital’s-ceo-on-trump-and-biden

Crypto Industry Future: Insights From Marathon Digital’s CEO on Trump and Biden

Marathon Digital’s CEO has shared his insights on the future of the crypto industry and the potential impact of the upcoming presidential election. The executive observed that the Biden administration has historically been hostile to bitcoin and crypto through its various agencies. However, he noted a recent shift in its stance, likely due to the

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robert-kiyosaki-on-bitcoin-crash:-most-people-should-sell-—-he’s-waiting-to-buy-more,-follow-warren-buffett’s-strategy

Robert Kiyosaki on Bitcoin Crash: Most People Should Sell — He’s Waiting to Buy More, Follow Warren Buffett’s Strategy

Rich Dad Poor Dad author Robert Kiyosaki says most people should sell bitcoin now that the price of the cryptocurrency is “crashing.” However, he affirmed that he is waiting to buy more bitcoin, emphasizing that “all markets go up and down.” The famous author noted that his strategy is similar to Berkshire Hathaway CEO Warren

Robert Kiyosaki on Bitcoin Crash: Most People Should Sell — He’s Waiting to Buy More, Follow Warren Buffett’s Strategy Read More »

jpmorgan:-bitcoin-miners’-market-cap-jumps-22%-following-ai-hosting-deal

JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal

Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced it would host 200 MW of GPUs for AI hyperscaler Coreweave. According to JPMorgan, the combined market capitalization of 14 tracked miners has increased by $4 billion since the announcement. This rise occurred even as bitcoin

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mt-gox-to-start-distributing-$9-billion-in-bitcoin-to-creditors-in-july-after-decade-long-wait

Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait

On Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges. After Ten Years, Mt Gox Trustee Announces July Start for Repayments Approximately $9 billion worth

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user-games-zksync-airdrop,-receives-over-$1.1-million-in-350-wallets

User Games Zksync Airdrop, Receives Over $1.1 Million in 350 Wallets

K1z4, an X user, recently revealed that they had farmed the Zksync airdrop, receiving over 6.6 million ZK tokens, valued at over $1.1 million. K1z4 specified that they had used an elaborate setup of 350 wallets with different IPs and various tools to make the bots used in this task seem more human, including artificial

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ai-depin-project-grass-to-implement-rewards-distribution-using-solana

AI Depin Project Grass to Implement Rewards Distribution Using Solana

Grass, an artificial intelligence Depin project, has announced the inclusion of Solana wallets as part of its ongoing rewards distribution process. Grass stated that this new addition will allow them to track the origin of each piece of scraped data and reward the node providing this info according to its relative value. AI Depin Project

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latam-insights:-salvadoran-government-introduces-bitcoin-banking-bill,-bitcoin-to-compete-with-other-currencies-in-argentina

Latam Insights: Salvadoran Government Introduces Bitcoin Banking Bill, Bitcoin to Compete With Other Currencies in Argentina

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Salvadoran government pushes a bitcoin banking bill, president Milei states bitcoin will compete with other currencies in Argentina, and the Wasabi Wallet lead dev declares that bitcoin developers “have failed” El Salvador.

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pantera-capital-calls-solana-the-‘mac-os-of-blockchains,’-highlights-architecture-benefits-and-growing-adoption

Pantera Capital Calls Solana the ‘Mac OS of Blockchains,’ Highlights Architecture Benefits and Growing Adoption

Pantera Capital, an institutional asset manager focused on blockchain technology, has called Solana the “Mac OS of blockchains” in its latest blockchain letter. The firm details that the rise of Solana over Ethereum is reminiscent of what Microsoft experienced when Apple entered the market, highlighting Solana’s growing retail adoption and architectural advantages. Pantera Capital States

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