Day: February 23, 2024

NuggetRush presale almost sold out; Optimism unveils 4th airdrop as Pyth Network releases spot Bitcoin ETF price feed

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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. Optimism has distributed 10 million OP as part of its airdrop tailored for web3 artists. In another move, Pyth Network has introduced price feeds for 13 spot Bitcoin ETFs. Meanwhile, NuggetRush’s presale is in the final stages, with less than 50 million NUGX remaining. Less than 50 million NUGX remaining NuggetRush has reached a significant milestone by selling 188 million NUGX out of the 215 million designated for its blockchain ICO phase. …

ICO orders Serco Leisure to stop using facial recognition technology to monitor attendance of leisure centre employees

Regulator issues enforcement notices ordering Serco Leisure and community leisure trusts to stop using FRT and fingerprint scanning to monitor workers’ attendance Employees are not offered a clear alternative to having their faces and fingerprints scanned to clock in and out of the workplace Warning comes as the ICO today publishes new guidance for organisations on processing biometric data lawfully  The Information Commissioner’s Office (ICO) has ordered public service provider Serco Leisure, Serco Jersey and seven associated community leisure trusts to stop using facial recognition technology (FRT) and fingerprint scanning…

CEO Drops Bombshell Why Bitcoin Price Is Muted Post-ETFs

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Despite the landmark launch of spot Bitcoin Exchange-Traded Funds (ETFs) spearheaded by industry behemoths BlackRock and Fidelity—ranking among the top five ETF launches in their initial month of all time—BTC’s price response has been notably subdued. Prior to the launch of these EFTs, BTC soared to a peak of $49,040 on January 11. Fast forward to today and BTC is currently settling at $51,000, marking a modest appreciation of 4.3%. This tepid performance has puzzled market observers, particularly in light of massive net inflows of $5.278 billion into all Bitcoin…

Texas Blockchain Council, Crypto Miner Riot Platforms Sue DOE, OMB Over ‘Emergency’ Survey

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

Digital Yuan Now Used to Complete Car Prepurchase Payments

The digital yuan, China’s central bank digital currency (CBDC), is being used as a security element in car prepurchase payment settlements. According to local media reports, a pilot test that allows customers to pay for their cars with digital yuan was established in early February in Shenzhen, and several customers are already purchasing their vehicles […] Source CryptoX Portal

FIL, GRT Rally Boosts CoinDesk Computing Index as Bitcoin Struggles

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The index has gained over 11% in the past seven days, with FIL and GRT rallying over 40%, ignoring moderate weakness in the broader market. The index leader Chainlink’s LINK token has dropped 10%. The CoinDesk 20 index, a broad crypto market benchmark, has declined by 2% in seven days, with bitcoin (BTC), the world’s biggest cryptocurrency by market value, trading back and forth between $50,500 and $52,500. Original

Bitcoin could reach $63k in March 2024, Matrixport says

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Matrixport analysts have published a new report with an updated Bitcoin (BTC) price forecast for the near future. According to a new Matrixport document, experts believe BTC’s goal of reaching $63,000 in March 2024 is achievable. In their opinion, there are several circumstances among the primary growth factors. Citing inflows into Bitcoin continue following the approval of a spot ETF, the report highlights growing interest from institutional investors. Another critical factor is the upcoming Bitcoin halving event. There have been halving events in the past that have caused Bitcoin prices…

Trump warms up to Bitcoin, signals openness to regulation

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Former President Donald Trump has recently showcased a notable shift in his stance toward Bitcoin, diverging from his historically critical view of cryptocurrencies. The change was particularly evident during his appearance on Fox News’ “The Ingraham Angle,” where he acknowledged the rising popularity of Bitcoin, especially among the youth and African American communities, despite his continued preference for the traditional currency, the dollar. Trump’s nuanced remarks signal an openness to the decentralized nature of Bitcoin, albeit with a nod toward the potential necessity for regulatory oversight. “Frankly, it’s taken a…