Glassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop below $50,000. Read More at https://cointelegraph.com/news/bitcoin-short-term-holders-over-reaction-a-factor-in-btc-s-drop-below-50-k-glassnode?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2024
German BaFin regulator cracks down on crypto ATMs
According to Coin ATM Radar, there are currently 38,725 crypto ATMs worldwide, with a vast majority located inside the United States. Read More at https://cointelegraph.com/news/german-bafin-regulator-cracks-down-crypto-atms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Authors file copyright lawsuit against Anthropic for AI model training
The latest in a series of cases concerning copyright and AI looks at the sources Anthropic used to train its Claude large language models. Read More at https://cointelegraph.com/news/anthropic-authors-copyright-lawsuit-ai-training?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin demand sharply declined since April — CryptoQuant
The slowdown in Bitcoin demand can be attributed to a sharp decline in purchases in the United States. Read More at https://cointelegraph.com/news/bitcoin-demand-decline-since-april-cryptoquant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Private transactions now dominate Ethereum order flow — report
Private orders consume more than 50% of gas used on Ethereum, according to Blocknative. Read More at https://cointelegraph.com/news/private-transactions-dominate-ethereum-order-flow-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Donald Trump floats making Elon Musk a Cabinet member
After a public endorsement from the Tesla CEO and an X Spaces discussion, Donald Trump said he would consider placing Elon Musk in a Cabinet position in 2025. Read More at https://cointelegraph.com/news/donald-trump-elon-musk-cabinet-us-president?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin whales now add just 1% to their BTC holdings per month
Bitcoin large-volume investors have slowed their BTC accumulation to a crawl versus the run-up to all-time highs earlier this year. Read More at https://cointelegraph.com/news/bitcoin-whales-add-just-1-btc-holdings-per-month?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Beat crypto airdrop bots, Illuvium’s new features coming, PGA Tour Rise: Web3 Gamer
Illuvium founder asks: Where are all the new Web3 Games? NFT allowlist to eliminate gaming bots, official PGA golf tour game. Web3 Gamer. Read More at https://cointelegraph.com/magazine/cryptocurrency-airdrop-bots-blockchain-pga-golf-game-cointelegraph-magazine/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nigerian SEC to issue crypto platform licenses as market size grows: Report
In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading. Read More at https://cointelegraph.com/news/nigerian-sec-license-crypto-platforms-market-growth?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin mining expenses surge 168% amid capacity growth
BitFuFu expands its mining capacity by over 60% despite a dramatic rise in Bitcoin mining costs post-halving. Read More at https://cointelegraph.com/news/bitfufu-q2-2024-financial-report-btc-mining-cost-surge?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound