As the U.S. electricity grid struggles with wide scale outages, crypto-powered demand response programs can save customers billions. These decentralized generative energy networks (or DeGEN) offer services valuable to customers and governments alike. Source
Category: ICO
Europe’s MiCA Is Finally Here. How Will the U.S. Respond?
For the crypto industry and its existential coupling with the banking sector, MiCA marks profound change, which only the most serious players are ready for. For example, in the resurgent stablecoin category, in which the dollar is the currency of reference, MiCA marks a proverbial fiscal cliff where unregulated or non-compliant tokens will ultimately be delisted or their access greatly restricted by crypto exchanges. The reason is simple. Rather than treating stablecoins like a fringe financial product or merely a poker chip in a crypto casino, MiCA brings stablecoins in…
Bitcoin Awaits PCE Inflation Report
Solana’s SOL token has outperformed Ethereum’s ETH token this week after New York-based investment management firm VanEck filed an S-1 registration statement for its VanEck Solana Trust. “We believe the native token, SOL, functions similarly to other digital commodities such as bitcoin and ETH,” VanEck’s head of digital assets research, Matthew Sigel, wrote in a post on X arguing that SOL is a commodity, not a security. The consensus is that CME futures are a prerequisite for ETF approval, which SOL currently does not have. Meanwhile, ether futures have been…
The Price of Kaspa’s KAS Token Bucks Broader Crypto Market Decline, Surges 26% in a Week
That decline, however, obscures the 26% surge in the Kaspa blockchain’s KAS token. The token, ranked 27th in market value, has topped 18 cents and is nearing the record high of $0.196 reached early this month, according to data source CoinGecko. That makes KAS the best-performing coin among the top 100 digital assets in terms of market value. Source
Kraken Co-Founder Jesse Powell Donates $1M, Mostly Ether, to Donald Trump
Powell said he is supporting the only major pro-crypto party candidate. Source
Ether (ETH) to Hit $6,500 Later This Year Driven by Inflows Into Spot ETFs: Analyst
“We continue to forecast a net inflow between $15 billion and $20 billion in the first 12 months, even considering the outflow from the Grayscale Ethereum Trust (ETHE),” senior analyst Mads Eberhardt wrote, adding that this should drive the value of ether higher, in dollar terms and also relative to bitcoin (BTC). Source
Long Dormant Whale Sends $61M BTC to Coinbase, OnChain Data Shows
The so-called old hands have been selling coins this quarter, adding to bearish pressures in the market. Source
Trump Surges to 67% in Polymarket Odds Post Presidential Debate
According to CoinGecko data, the MAGA token, which trades under the ticker TRUMP, is down 12.5%, while the BODEN token is down 34%. TREMP is also down 10%. The DJT token, in the headlines recently for its apparent connection to Barron Trump, is down 5%. Source
Crypto Unmentioned at First 2024 U.S. Presidential Debate
This first debate between current President Joe Biden and former President Donald Trump – each their parties’ presumptive nominee – was held Thursday in Atlanta, Georgia by CNN, hosted by CNN anchors Jake Tapper and Dana Bash. The 90-minute debate began with the economy but also touched on issues like abortion, immigration and foreign policy. The economic section was brief, and the debate barely approached technology policy, let alone the digital assets industry. Source
Who Draws the Lines? The Case for Decentralized Map Making
From there, users can layer on additional data for navigation, points-of-interest, business needs, etc. Through a decentralized network, we can automate elements of map freshness and, with open APIs, developers can continually innovate and create dynamic filters. Then, the public can access open marketplaces of maps and self-determine which maps best fit their needs. Source