Tag: Technology
Risks of MicroStrategy’s $42B Bitcoin Acquisition Plan: CoinShares Analysis
MicroStrategy's recent announcement of their plan to acquire $42 billion more worth of bitcoin has garnered attention, but according to a report by CoinShares, there are risks associated with this ambitious strategy. The company's...
Capitalizing on U.S. Election Frenzy: Memecoin Creators Launch Thousands of New Tokens
The U.S. election has brought attention to bitcoin and the Polymarket betting platform, but it has also sparked a frenzy in the memecoin market. In the last 24 hours, thousands of election-themed tokens have...
Crypto’s Impact on the 2024 U.S. Election: Real-Time Updates
The 2024 U.S. Election is unfolding with significant implications for the crypto industry. As the results come in, there are key updates on the candidates and their positions on digital assets.Democratic Senator Elizabeth Warren,...
Understanding Ethereum’s ‘Hardness’: Josh Stark of Ethereum Foundation on ETH’s Recent Performance
Ethereum, a popular cryptocurrency, has recently experienced a significant drop in value compared to Bitcoin. Josh Stark, a contributor to the Ethereum Foundation, discussed the concept of "hardness" in relation to Ethereum's performance in...
Stablecoins: The Key to Global Trade Stability
Circle CEO Jeremy Allaire believes that stablecoins have the potential to revolutionize global trade and enhance efficiency in emerging markets. Speaking at the Hong Kong FinTech Week 2024, Allaire emphasized the role of stablecoins,...
Crypto Venture Funding Reaches $860M in October, Surpassing 6-Month Record
Crypto venture funding soared to $860 million in October, marking the highest amount invested in over 6 months. The gaming sector experienced significant growth for the third consecutive month, with investments in blockchain gaming...
Bitcoin Price Surges Above $70K on Election Day: Crypto and Stocks Rally
Bitcoin has seen a significant surge in price, crossing back above $70,000 on Election Day in the United States. This represents a 2.4% increase over the past 24 hours. The broader CoinDesk 20 Index...
Why the 2020 U.S. Election is Significant for Cryptocurrency
Today is Election Day in the U.S. We are waiting to see who will win control of the House of Representatives, the Senate, and the White House. While Kamala Harris and Donald Trump are...
Impact of U.S. Election on Crypto Market: TradFi Giants Unfazed
Global markets are on edge as traders keep a close eye on the U.S. election. One major question for the crypto industry is whether the results will influence traditional finance giants to either scale...
Bitcoin Price Outlook After US Election: Analysis and Forecast
Bitcoin's price outlook after the US election is a topic of interest, with many investors wondering if the cryptocurrency is primed for a post-election rally. According to a recent report by CryptoQuant, Bitcoin's current...
