TLDR Bitcoin price predictions range from $100,000 to $330,000 by the end of the current bull cycle Institutional investors and “whales” are accumulating Bitcoin during price dips Several factors could drive Bitcoin’s price up, including ETF inflows, post-halving supply shortages, and potential Fed rate cuts U.S. inflation has cooled, with the Consumer Price Index falling…
Soccerverse, a massively multiplayer football management game, has successfully raised $3.1 million in a strategic funding round led by renowned games industry publisher Square Enix, with additional participation from early investor Hiro Capital. This brings the total funding to $4 million. Founded by ex-Soccer Manager CEO Andrew Gore and blockchain gaming pioneers Andrew Colosimo and…
TLDR A bipartisan group of 20 US senators has proposed new legislation to ban stock trading by members of Congress. The proposed ban would extend to spouses and dependent children of lawmakers, as well as the president and vice president. The legislation aims to prevent lawmakers from profiting from insider knowledge and to restore public…
Bitcoin’s price pumped hard yesterday and neared $60,000 after the CPI numbers came out, but lost all momentum and retraced by over two grand. Most altcoins are quite sluggish on a daily scale. Yet, there are many big losers, such as BONK, RNDR, BRETT, PEPE, and WIF. BTC Slumps After CPI Pump The primary cryptocurrency…
TLDR Multiple DeFi protocols, including Compound Finance and Celer Network, were targeted in a DNS hijacking attack. The attack appears to be targeting domains registered through Squarespace. Over 220 DeFi protocol front ends may still be at risk. The attackers are believed to be using the Inferno Drainer wallet kit to steal funds. Some security…
Core Scientific, a large U.S.-based bitcoin mining and hosting provider, and Block, a leading financial services firm, have partnered in a project to integrate the first 3nm bitcoin mining chips produced by the latter. Core Scientific will receive 15 exahash per second (EH/s) of Block’s mining ASIC chips, with the possibility of ordering additional silicon…
TLDR Animoca Brands has launched a validator on the Core blockchain. Core is a Bitcoin-powered layer-one blockchain for EVM-compatible smart contracts. Animoca Brands aims to integrate some of its Web3 portfolio dApps with Core. Core has over 4,400 BTC staked, exceeding $180M in value. The partnership aims to accelerate Core’s progress and fuel BTCfi adoption.…
David Bailey, CEO of Bitcoin Magazine and aide of the Trump presidential campaign, criticized the behavior of the moderators of r/bitcoin, a popular subreddit where bitcoin-centric news and issues are frequently discussed. On social media, Bailey called out these moderators, stating updates about President Trump assisting the Bitcoin 2024 conference in Nashville were censored. “Wild…
Global investors are keenly asking: who exactly is behind BlockDAG? This July, the curtain will be lifted as BlockDAG is set to unveil its core team and host an ‘Ask Me Anything’ session, events forecasted to propel a 40% surge in the coin’s value. With presales already reaching $57.4 million, BlockDAG is setting itself apart.…
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