The Blockchain Basics Act, a series of regulations aimed at safeguarding people’s cryptocurrency rights at a state level, has been introduced in three more U.S. states: Ohio, South Carolina, and Mississippi. With this move, similar cryptocurrency regulation has been introduced in seven states and passed in Missouri. Blockchain Basics Act Regulation Reaches Ohio, South Carolina […] Source CryptoX Portal
Ethereum price crossed the $2,900 milestone on Feb. 19, but rising volume of trading activity across the ETH spot markets could propel it even further. With investors placing bullish bets ahead of Bitcoin ETFs trading hours, is Ethereum price set for the much-anticipated bounce toward $3,500? Ethereum trading volume crosses $25 billion milestone Ethereum price made another giant stride on Feb. 19 as it crossed the $2,900 territory to bring its gains for February 2024 to the 30% mark. Record-breaking inflows from Bitcoin ETFs and institutional entities in recent weeks…
WLD’s rise has apparently come after AI developer OpenAI’s launch of a text-to-video generator, Sora, last week. Worldcoin’s parent company and OpenAI share the same founder, Sam Altman, and crypto traders are likely considering WLD a bet on the latter’s successes. Source
BitRiver, a Bitcoin mining company targeted by OFAC sanctions, is set to launch Russia’s largest data center for artificial intelligence (AI) in H2 2024. Bitriver-B, a subsidiary of BitRiver Group, is set to launch the largest data center for energy-intensive computations in Eurasia in the second half of 2024, Russia‘s government news agency Prime reports. The expected capacity of the data center is said to be 100 megawatts, as reported by Sergey Bezdelov, director of the Association of Industrial Mining. “This is the largest facility among all data centers in…
Stanley Druckenmiller, the legendary investor who was part of George Soros’ Quantum Fund, has dumped traditional tech stocks while putting funds into gold mining companies and artificial intelligence (AI) shares. According to filings, he sold Amazon, Alphabet (Google), and Broadcom stocks while acquiring shares of Barrick Gold and Newmont, two gold miners. Stanley Druckenmiller Sells […] Source CryptoX Portal
Ether has rallied 16% in seven days, outperforming bitcoin’s 8.5% rise. Original
The digital bank Revolut is developing a new cryptocurrency trading platform designed for seasoned crypto traders, according to an e-mail sent to customers this week. The new platform will offer more advanced trading features like deeper market analytics and lower trading fees than Revolut’s existing crypto services. etoro: Experience a reliable, user-friendly platform trusted by millions. Stay ahead in the crypto world. Board the Crypto Train now! In fact, Revolut aims to offer a fully independent crypto exchange in addition to standard digital asset services. The question is, however, whether…
The price of Bitcoin has been on a tear in recent weeks, surging over 30% and breaching the $50,000 mark. At the time of writing, Bitcoin was trading at $52,377, up 1.3% and 8.8% in the daily and weekly timeframes, data from Coingecko shows. This bullish momentum has ignited fresh optimism among investors, with many wondering if the world’s leading cryptocurrency is poised for another assault on its all-time high of $69,000. Analysts point to several key technical factors that could propel Bitcoin towards new heights in the coming months.…
The U.S. states proposed funds will be allocated both in 2025 and 2026 and are slightly less than what is being set aside for the Artificial Intelligence Commission, which is getting $22,048 a year over the same period. However, the Virginia Autism Advisory Council will receive only $12,090 yearly over the two years. Source link
Crypto exchange Coinbase has discontinued support for native Bitcoin and other Unspent Transaction Output (UTXO) coins on its merchant payment service, Coinbase Commerce. Lauren Dowling, the head of product at Coinbase, revealed the decision in a thread on X on Feb. 18 that the move was driven by challenges encountered while attempting to integrate recent updates into its Ethereum Virtual Machine (EVM) payment protocol for Bitcoin. 1/ Hey folks, I’m the product lead for Coinbase Commerce and want to share some thoughts on how the product is evolving, why we’ve…