Monthly archives: August 2023

Bloomberg Intelligence’s senior macro strategist believes that risk assets like stocks need to crash before Bitcoin (BTC) jumps back to life. In a new interview with crypto trader Scott Melker, Mike McGlone says Bitcoin is unlikely to take flight as long as the U.S. Federal Reserve keeps the money printer off. “Here’s what I think …

Continue reading “Stock Market Has To Collapse Before Bitcoin Comes Back to Life, According to Bloomberg Strategist – Here’s Why”

GBTC shares trading at a lower implied value to BTC price may soon be a thing of the past, a new prediction says. Markets News Join us on social networks Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (GBTC) could erase its BTC price “discount” in 2024. In an X post on Aug. 30, monitoring …

Continue reading “GBTC Bitcoin ‘discount’ may be gone by 2024 as share price gains 17%”

The action will impact how the government formulates inventive technological solutions for critical national challenges. News Join us on social networks Nigeria is extending an invitation to scientists of Nigerian heritage, as well as globally renowned experts who have worked within the Nigerian market, to collaborate in the formulation of its National Artificial Intelligence (AI) …

Continue reading “Nigeria calls on global experts for national AI strategy co-creation”

Company requests the use of Tire Derived Fuel, citing the United States Environmental Protection Agency’s approval to use this kind of energy source at other industrial facilities in the state. News Join us on social networks Stronghold Digital Mining, a Pennsylvanian crypto-mining company, is currently seeking approval to produce up to 15% of its energy …

Continue reading “Stronghold requests permission to burn tires for crypto mining in Pennsylvania”

HashKey became the first licensed retail cryptocurrency exchange to launch in Hong Kong and anticipates major growth of the Web3 industry in the special administrative region. News Join us on social networks Hong Kong retail cryptocurrency traders now have access to a locally based cryptocurrency exchange, with HashKey Exchange launching retail trading services to users in …

Continue reading “Hong Kong’s first licensed retail crypto exchange HashKey eyes 2024 bull run”

HodlX Guest Post  Submit Your Post   In the second quarter of 2023, crypto investment activity decreased to its lowest level since the fourth quarter of 2020. According to PitchBook’s latest report, global venture capital investments in crypto companies have dropped by 14.7% in terms of deal value and 16.3% in terms of the number of …

Continue reading “Crypto VC Activity Drops in Q2 2023 – What Does This Mean for the Industry”

A bipartisan committee of British MPs said Rishi Sunak’s government must prioritize the rights of musicians and creators over AI developers. News Join us on social networks A British parliamentary committee is pressuring the government to axe plans that would allow artificial intelligence developers to freely train their systems on existing works of music, literature …

Continue reading “British MPs call on government to scrap AI exemptions that hurt artists”

Binance’s Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia. News Join us on social networks Cryptocurrency exchange Binance is expanding its offerings in Latin America with the launch of a new crypto-to-bank account payment solution for the region. On Aug. 30, Binance said it’s working …

Continue reading “Binance launches crypto-to-bank account payment product in Latin America”

Analysts say the best-case scenario for crypto is that the Securities and Exchange Commission approves the batch of spot Bitcoin ETFs, but the agency may exercise its right to an appeal. News Join us on social networks The United States Securities and Exchange Commission is facing its first deadlines to decide on seven spot Bitcoin …

Continue reading “SEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week”

A crypto market analyst at Bloomberg Intelligence thinks it’s already “pretty clear” that Ethereum (ETH) will win the “upcoming stablecoin wars.” Jamie Coutts says on the social media platform X that Ethereum and its broader ecosystem, including layer-2 projects like Optimism (OP), Base and Arbitrum (ARB), leads all other alternative networks across most network-adoption metrics. …

Continue reading “Bloomberg Analyst Says Ethereum Will Be the Winner of the ‘Stablecoin Wars’ Amid Massive Adoption Trends”