Helium Mobile’s cell service runs on a mix of T Mobile towers and Helium’s own hotspots, which are hosted by individuals. Those hotspot operators receive MOBILE tokens as payment, as do phone subscribers who opt into Helium Mobile’s location tracking service, theoretically meant to help guide where new hotspots should go. Source
This analyst believes the recent Bitcoin pullback signals the end of the current bull run, but not the entire multi-year bull market cycle. In his YouTube video posted on Dec. 18, the analyst behind the popular Crypto Banter channel provided his perspective that the recent pullback in Bitcoin (BTC) prices signals the likely end of the current cycle in the ongoing bull market, rather than the end of the bull market altogether. The analyst pointed to high leverage rates across crypto assets, excessive speculation in memecoins, and overcrowding of certain…
Nowadays, everyone has an opinion on artificial intelligence (AI) and its potential risks. Even Pope Francis — the head of the Catholic Church — warned humanity of AI’s potential dangers and explained what needs to be done to control it. The Pope wants to see an international treaty to regulate AI to ensure it is developed and used ethically. Otherwise, he says, we risk falling into the spiral of a “technological dictatorship.” The threat of AI arises when developers have a “desire for profit or thirst for power” that dominates…
Grayscale CEO eyes spot Bitcoin ETF, unlocking $30 trillion for institutional investors, signaling broader crypto access and a bullish market. In a recent CNBC interview, Grayscale CEO Michael Sonnenshein passionately conveyed the potential impact of a spot Bitcoin ETF, emphasizing its ability to “unlock” Bitcoin (BTC) for approximately “$30 trillion worth of advised wealth.” The CEO acknowledged ongoing conversations with the SEC, emphasizing a commitment to navigating regulatory complexities. “We see this as a tremendous opportunity for investors. It’s about providing access, and a spot Bitcoin ETF could be the…
Neobank Revolut will temporarily halt cryptocurrency purchases on its business platform in the United Kingdom at the beginning of the new year, according to a media report. An email informing customers of the decision mentioned only purchasing, implying holding crypto and selling it could go uninterrupted. Revolut said the pause was needed to give it more time to comply with new Financial Conduct Authority (FCA) rules on promoting crypto that come into force on Jan. 8, 2024. Revolut Business will halt crypto purchases on Jan. 3, it said. In a…
Bitcoin is walking back on some of its gains over the past few days. The number one cryptocurrency by market cap might be on the verge of a more significant retracement, which could push it back to the $30,000 zone. As of this writing, Bitcoin (BTC) trades at $40,950 with a 2% loss in the past 24 hours. On the weekly chart, the cryptocurrency records a 3% loss, with all tokens in the top 10 by market recording a similar performance, except for Avalanche (AVAX). BTC’s price is losing bullish…
“We feel confident in Josh’s leadership — in finding product-market fit, unlocking new partnerships and collaboration, improving Zcash usability and increasing adoption,” Electric Capital said. “In addition to a vision for ECC and an optimistic passion for Zcash, Josh has a strong entrepreneurial, technical and product background.” Source
This crypto analyst expressed frustration over XRP’s price action but remains cautiously bullish on its prospects. A prominent crypto analyst who goes by the name CoinsKid shared his latest views on XRP and the wider crypto market in a YouTube video posted on Dec. 18. While expressing frustrations over XRP’s recent price action, CoinsKid said he remains “cautiously bullish” on the token’s prospects. XRP is really frustrating. We’ve been writing so many beautiful opportunities up. So many coins, we’ve been posting so many setups in the Discord the last few…
Hegic recently scored a windfall buy buying WHITE tokens ahead of big news. The trade might cross the line, according to experts. Source
The S&P 500 Index (SPX) rose 2.49% last week, extending its string of weekly gains to seven weeks, the longest such winning streak since 2017. However, Bitcoin (BTC) could not maintain its momentum and succumbed to profit-booking by the bulls. Trading resource Material Indicators said in a X (formerly Twitter) post that “ year-end profit taking and tax loss harvesting” will prevail in the short term. However, a crash is unlikely because several analysts expect the United States Securities and Exchange Commission to approve one or more spot Bitcoin exchange-traded…