Why are Silicon Valley venture capitalists suddenly supporting Donald Trump? Billionaire Mark Cuban – one of the politician’s staunchest critics – says “It’s a Bitcoin play.” The businessman’s analysis follows several Trump endorsements from wealthy crypto leaders who explicitly favor him because he promises to protect their industry. Silicon Valley, Trump, and Bitcoin According to...Read More
BitMEX co-founder Arthur Hayes’ crypto investment fund Maelstrom announced the launch of the Bitcoin Grant Program that aims to help with the technical development of the largest blockchain network. The focus will also be to improve its resilience, scalability, censorship resistance, and privacy characteristics. On its official website, Maelstrom said that it can support Bitcoin...Read More
The prominent crypto asset manager announced the launch of the Grayscale Decentralized AI Fund LLC on July 17th, which aims to offer investors exposure to protocols in the rapidly evolving artificial intelligence sector within the crypto ecosystem. The fund will rebalance quarterly and currently features a basket of decentralized artificial intelligence (AI) crypto protocols, such...Read More
Bitwise Asset Management’s Chief Investment Officer has predicted that the introduction of Ethereum Exchange-Traded Products (ETPs) will drive ether (ETH) prices to new all-time highs above $5,000 by the end of the year. The CIO suggests that ETP flows could have a bigger impact on Ethereum than they did on Bitcoin. The Road to Ethereum’s...Read More
Dr. Craig S Wright – the man who claimed for years to be Satoshi Nakamoto – has formally admitted that he is not, in fact, Bitcoin’s creator. “Dr. Craig Steven Wright is not Satoshi Nakamoto,” wrote the computer scientist in a Wednesday tweet. Wright followed with a summary of the England and Wales High Court...Read More
The Aptos ecosystem has experienced remarkable growth this year. According to the official press release shared with CryptoPotato, the number of active addresses on the Aptos blockchain has more than doubled, increasing from 77,382 on January 16th to 186,685 by July 8th. Aptos User Growth As per data on the new Nansen’s Aptos Growth Dashboard,...Read More
XRP has been one of the best-performing crypto assets amidst the market recovery this week after briefly hitting $0.62, a level last seen in March. XRP has demonstrated a remarkable recovery after recording over 40% gains in the past week, driven by a broader market surge. In just the past day alone, the sixth-largest crypto...Read More
The spot Bitcoin exchange-traded funds (ETFs) offered in the United States have recorded the highest inflow since June 5th. According to public data from SoSoValue, $422 million entered the market on July 16th. This would be the eighth day the investment vehicles would record consecutive inflows. BlackRock Leads the Charge Investment giant BlackRock led the...Read More
[PRESS RELEASE – SINGAPORE – July 17, 2024] TOKEN2049, the world’s largest crypto event, announced its first batch of headline speakers and prominent title sponsors ahead of its eagerly anticipated return to Singapore. TOKEN2049 will take place from 18-19 September 2024 at Marina Bay Sands, ahead of the Formula 1 Singapore Grand Prix 2024 race...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, July 17th, 2024] Bybit, now the world’s second-largest crypto exchange by trading volume, is excited to announce a live keynote address by Co-Founder and CEO Ben Zhou: “Leading the Charge in Web3,” scheduled for Jul. 18, 2024, at 8AM UTC. Zhou will broadcast his insights and Bybit’s latest...Read More
[PRESS RELEASE – Singapore, Singapore, July 17th, 2024] BinaryX, a leading developer and publisher for Web3 games, today announced a community vote to reduce the total supply of its BNX token. This initiative aims to increase the token’s scarcity and long-term value for the benefit of the BinaryX community. Proposed Reduction of BNX Token Supply...Read More
The Bitcoin bulls are back! The BTC price clears a major hurdle and is ready to trigger a massive run, forming a new ATH. Besides, it was a huge day for the spot BTC ETF as the inflows recorded exceeded $400 million. Blackrock’s iShares Trust drawing nearly $260 alone. This is the eighth consecutive day...Read More
Australian computer scientist Craig Wright’s claims to be Bitcoin’s pseudonymous creator, Satoshi Nakamoto, could lead British prosecutors to charge him with perjury and forgery of documents. A new ruling in the Crypto Open Patent Alliance (COPA) vs. Wright case revealed that High Court Justice James Mellor has referred Wright’s misconduct to the Crown Prosecution Service...Read More
