Bitcoin and crypto liquidations pile up amid “unusual” conditions, which began with Coinbase traders offloading BTC. Read More at https://cointelegraph.com/news/bitcoin-most-liquidations-since-2021-crazy-reset-wipes-1-6-b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: December 2024
Vancouver mayor proposes Bitcoin adoption to fight inflation
Mayor Ken Sim urges Vancouver to explore Bitcoin adoption, highlighting its potential to safeguard financial stability amid fiat inflation. Read More at https://cointelegraph.com/news/vancouver-bitcoin-friendly-city-financial-strategies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Influencer Abdu Rozik says key to crypto success is being a good person
Abdu Rozik told Cointelegraph at Bitcoin MENA in Abu Dhabi that celebrities should have good intentions when entering crypto. Read More at https://cointelegraph.com/news/abdu-rozik-crypto-interview-bitcoin-mena-event?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto and blockchain will outpace outdated banking systems: Eric Trump
Eric Trump thinks that the new administration led by his father will create transparent and sensible regulation for the crypto industry. Read More at https://cointelegraph.com/news/crypto-blockchain-outpace-banking-eric-trump?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto ‘buy the dip’ moments to last longer this cycle: Hedge fund founder
The pullbacks in the crypto market will be a “buy a dip” scenario for “much longer than everyone expects,” according to Syncracy Capital co-founder Daniel Cheung. Read More at https://cointelegraph.com/news/crypto-buy-the-dip-moments-last-longer-hedge-fund-daniel-cheung?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Microsoft touts next-gen data centers that don’t consume water for cooling
Microsoft says its latest “closed loop” water recycling data center design would save 125 million liters of water annually per facility. Read More at https://cointelegraph.com/news/microsoft-data-centers-cooling-dont-consume-water?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Galxe unveils Gravity EVM upgrade and $50M ecosystem fund
Web3 identity and rewards platform Galxe has unveiled a new EVM upgrade and a $50 million ecosystem to fund to support projects building on its network. Read More at https://cointelegraph.com/news/galxe-unveils-gravity-chain-upgrade-50-million-ecosystem-fund?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Vocal Ethereum researcher Max Resnick jumps ship to join Solana
Max Resnick became increasingly critical of Ethereum’s layer 2 scaling approach in recent months, suggesting it should have focused its scaling efforts on the base layer like Solana. Read More at https://cointelegraph.com/news/vocal-ethereum-researcher-max-resnick-jumps-ship-oin-solana?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin tumbles will be ‘less abrupt’ after realized profit drops 76%
Bitcoin’s daily realized profit metric has fallen 76% after the initial hype about $100,000 Bitcoin began to wane off, according to crypto analysts. Read More at https://cointelegraph.com/news/bitcoin-price-volatility-daily-realized-profit-metric-crypto-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance boss Richard Teng says re-entering US market a ‘premature discussion’
The US will soon have a largely crypto-friendly White House, but Binance’s Richard Teng says it may be too soon to start talks about re-entering the market. Read More at https://cointelegraph.com/news/binance-richard-teng-re-enter-us-premature-discussion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound