Day: December 7, 2023

Changpeng Zhao’s next move could involve decentralized science

Changpeng “CZ” Zhao’s tenure as the CEO of Binance may be over, but the exchange giant’s loss could be a boon for the decentralized science (DeSci) sector. In a comment on X (formerly Twitter) on Tuesday, Nov. 28, the former Binance CEO revealed an interest in the rapidly developing sector. Been reading about biotech, thinking about how to use crypto to accelerate research funding there. Keep building! — CZ BNB (@cz_binance) November 27, 2023 In November, Cointelegraph reported a United States Justice Department (DOJ) investigation into Binance concluded with a…

Can Bitcoin Spot ETFs Attract Enough Capital? Experts On What Will Lead To ATH

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Trading firm QCP Capital has shared its thoughts on what could drive the flagship cryptocurrency, Bitcoin, to its all-time high (ATH) of $69,000. From their analysis, Spot Bitcoin ETFs have a huge role to play in all of this.  Bitcoin Hitting $69,000 Dependent On Spot BTC ETFs QCP Capital stated that revisiting its ATH of $69,000 will depend on the “genuine flows the actual ETF will bring in the first few weeks of trading.” If the inflows are below par, the trading firm noted that it could set things up…

Bitcoin Project Babylon Raises $18M to Bolster Development of Staking Protocol

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Can BONK or PEPE flip Shiba Inu to second behind Dogecoin?

As smaller meme coins like Bonk (BONK) and Pepe (PEPE) rally, speculation is growing about whether one could potentially overtake Shiba Inu (SHIB) to become the world’s second-largest meme coin. While the possibility may seem unlikely at present, new projects like Meme Kombat (MK) and Wall Street Memes (WSM) have emerged on traders’ radars as two micro-cap plays with the potential to disrupt the status quo. Can BONK or PEPE flip Shiba Inu? BONK and PEPE are up by double-digit over the past week, with BONK now up by over…

Web3 can benefit from adopting Web2 optimization: NBX Berlin

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Web3 products and services could benefit from the streamlined user experiences that have been mastered by Web2, according to several industry builders who attended Next Block Expo in Berlin. Speaking to Cointelegraph at the event, Web3Auth senior cryptography engineer Matthias Geihs said Web3 services continue to be hamstrung by clunky login features and the associated responsibility and technicality of wallet and private key management. During his presentation, Geihs cited data that suggests 20% of Bitcoin lost by users is a result of poor wallet management. At the same time, many…

SEC’s discussion with Bitcoin ETF issuers has moved into a key stage

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The SEC is reportedly making significant progress in its discussions with several firms seeking to launch a spot Bitcoin ETF.  Reuters reported that discussions have moved into key technical details, and applicants believe it’s potentially leading to the historic approval of the first Spot Bitcoin ETF in the U.S. Currently, there are 13 applications for Bitcoin ETFs awaiting review by the SEC. These applications come from prominent asset management companies, including BlackRock, Fidelity, Grayscale Investments, and ARK Investments. Notably, in the past week, several of these firms have made crucial…

Blockchain projects make push to decentralize climate markets

As the 2023 United Nations Climate Change Conference (COP28) takes place in Dubai, United Arab Emirates, many projects participated in the climate action effort by launching blockchain-powered initiatives. From Nov. 30 to Dec. 12, diplomats and leaders from across the globe are gathering at Dubai’s Expo City to advance initiatives in climate action. Among those who participated in the event were blockchain projects, which believe that blockchain technology has the power to contribute to the climate action effort. From trying to transform waste management to tracking carbon emissions using blockchain…

Colombia’s president accepts Bitcoin gift, traders considering Shiba Inu and Meme Moguls

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Colombia’s president, Gustavo Petro, has made headlines by expressing his support for Bitcoin (BTC) adoption, embracing crypto’s potential. This development has also sparked renewed interest in altcoins like Shiba Inu (SHIB) and Meme Moguls (MGLS). Colombian president accepts Bitcoin gift Colombian President Gustavo Petro recently made headlines after receiving a gift of 100,000 satoshis in BTC from Samson Mow.  This symbolic gesture aimed to initiate President Petro into crypto.…

Sotheby’s Makes Historic Leap into Bitcoin NFT Realm through Shroomtoshi’s Ordinals Art Auction

BitcoinShrooms uses pixelated art from the 1980s that is permanently stored on the Bitcoin blockchain through the Ordinals protocol. Venturing into the world of Bitcoin NFT artwork, the renowned auction house Sotheby’s introduces its first-ever sale titled “Bitcoin Ordinals”, featuring pixel art by an anonymous crypto artist known as Shroomtoshi. This one-of-a-kind auction, which runs until December 13th, features three exclusive pieces from Shroomtoshi’s captivating “Bitcoin Shrooms” series. Shroomtoshi blends technical expertise with artistic expression in a manner similar to Bitcoin’s mysterious creator Satoshi Nakamoto. Their collection embodies BTC’s fundamental…