[ad_1] Darin Feinstein, founder of Core Scientific, recently asserted that Bitcoin is still massively undervalued. In a July 4 post on X, Feinstein shared his insights and personal experiences within the world of Bitcoin. Bitcoin’s True Value In the post, he stressed that the true value of Bitcoin lies in its underlying technology: the immutable […]
[ad_1] American entrepreneur and Bitcoin bull Anthony Pompliano has again affirmed his bullish sentiment towards the flagship crypto. This time, he advised investors on what they should be doing during this BTC dip and suggested that there was no need to be concerned despite Bitcoin’s recent underperformance. Bitcoin Dips Are For Buying In an interview with […]
[ad_1] The Cronos (CRO) blockchain is set to undergo a significant upgrade with the upcoming Mainnet V1.3, aimed at enhancing backward compatibility and RPC improvements. According to the Cronos Newsletter, the upgrade is scheduled to occur at block height 14,920,000, expected around Thursday, July 18, 2024, at 7 AM GMT […]
[ad_1] Google’s DeepMind researchers have unveiled a new method to accelerate AI training, significantly reducing the computational resources and time needed to do the work. This new approach to the typically energy-intensive process could make AI development both faster and cheaper, according to a recent research paper—and that could be good news for the environment. […]
[ad_1] Bit Digital and Iris Energy reported June Bitcoin (BTC) mining results on July 5, posting one-year hash rate increases alongside reduced BTC output since April. Bit Digital reported a hash rate of 2.57 exahashes per second (EH/s) as of June 30, up from 2.54 EH/s in May and 1.78 EH/s in June 2023. The […]
[ad_1] The US Bureau of Labor Statistics reported Friday that employers added 206,000 jobs in June. The unemployment rate rose slightly to 4.1%, above the estimated 4.0%, while average hourly earnings remained at 0.3% monthly. Although this suggests that the US job market continues to experience healthy growth, there has been a muted response in […]
[ad_1] The cryptocurrency market has been bleeding out in the last 24 hours, with the total capitalization plummeting to as low as $2.07 trillion (an 8.6% decrease on a daily scale). The majority of leading digital assets are well in the red, with only a few defying the negative trend with mere increases. Bitcoin Slips […]
[ad_1] TLDR Bitwise has filed an amended S-1 registration for its Ethereum ETF ahead of the July 8 deadline. Analysts predict Ethereum ETFs could begin trading in mid-July. The SEC approved 19b-4 forms for eight spot Ethereum ETFs on May 23, but final S-1 approvals are still pending. Several ETF issuers, including Bitwise, are offering […]
[ad_1] Binance, a leading cryptocurrency exchange, has announced its support for the Galxe (GAL) token swap, redenomination, and rebranding to Gravity (G). This transition will involve several critical dates and actions for users holding GAL tokens, according to the official announcement. Key Dates and Actions On July 15, 2024, at […]
[ad_1] As Bitcoin, the flagship cryptocurrency asset continues to garner support from leading figures in the industry, Chris Wood, the Chief strategist at Jefferies in a daring statement that might change people’s perceptions of digital currencies has suggested that the potential collapse of the United States Dollar Paper Standard could significantly benefit BTC holders in […]
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