Day: July 18, 2024

Bitcoin Mining Is So Back (Except It’s AI Now)

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Indian Crypto Exchange Wazirx Updates on Major Multisig Wallet Hack

Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The exchange detailed the incident and ongoing recovery efforts, promising transparency and further updates. “We have already blocked a few deposits and reached out to concerned wallets for recovery,” the crypto […] Source BitcoincryptoexchangeExchanges CryptoX Portal

SkyBridge’s Anthony Scaramucci on Donald Trump, Gary Gensler and Bad Press

Anthony Scaramucci: I think it’s a great question. I think that question, the answer to that question has evolved since you and I were talking about it. You know, when you were, and by the way, you were doing your job, which I respect. It was a tough situation. Think one of the things I like to do in tough situations is face the music. I just want you to imagine me reporting that I am now a hero on CNBC. Sam, who’s a brilliant guy. He’s the Mark Zuckerberg…

Tangem Launches Ring-Shaped Hardware Cryptocurrency Wallet

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Tangem announced the launch of its Tangem Ring cryptocurrency hardware wallet on Wednesday, touting it as “the world’s first ring-shaped crypto wallet,” designed to “transform how people interact with cryptocurrencies.” The company stated that users can now wear their crypto, providing instant access to over 6,000 assets and various services directly on their fingers. The […] Source

Crypto Analyst Says A 2,000% Surge To $234 Is Imminent

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Moonriver (MOVR) has managed to slip into the background after an incredible run in 2021. The price of the coin crossed $490 at the time, but has since fallen more than 90% from its all-time high since then. After an extended bear period, it is starting to look like this altcoin may never return to its previous glory again. However, this might be wrong as expectations for another bull run for the MOVR altcoin are rising once again. MOVR Ready To Move Out Of Extended Consolidation According to a crypto…

TON Foundation to Launch Bitcoin Bridge on The Open Network

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The TON Foundation has announced the upcoming launch of TON Teleport BTC, a bridge designed to facilitate trustless and secure transfers of bitcoin to and from The Open Network (TON). This initiative aims to expand bitcoin’s utility by enabling its use in decentralized finance (defi) activities on the TON platform. TON Foundation Announces Bitcoin Bridge […] Original

Will Trump create a US Bitcoin strategic reserve?

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Rumors are circulating that Trump could announce a U.S. Bitcoin strategic reserve, already causing significant buzz in the crypto community. Former US President Donald Trump is set to deliver a keynote speech at next week’s 2024 Bitcoin Conference in Nashville. Rumors circulating on social media suggest that Trump might announce Bitcoin (BTC) as a strategic reserve asset for the United States during the talk. These speculations stem from Dennis Porter, co-founder of Satoshi Act, who claims credible sources confirm Trump’s intentions. HUGE BREAKING: Trump to announce a USA #Bitcoin strategic…

Crypto Analyst Predicts XRP To Hit $1.03 Soon, Warns Of Initial Dip

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The XRP price has staged an impressive rally in recent days, but this came to an abrupt end yesterday. After rising to as high as $0.6378, it plummeted by more than 11% temporarily. Nevertheless, the popular crypto analyst Dark Defender (@DefendDark) remains bullish in the short-term, even if the dip could widen further in the short term. XRP Price Could Eclipse The $1 Mark Again According to him, the XRP price is in a promising short-term uptrend towards the $1.03 mark. This analysis is based on the 4-hour timeframe and…

Research Shows Institutional Custodians and ETFs Drive Significant Bitcoin Market Movements

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The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how these sell-side forces and exchange-traded funds (ETFs) impact bitcoin’s price action. Glassnode Report Analyzes Sell-side Forces and ETF Impact on Bitcoin Centralized exchanges and ETF […] Original