Investors will be eyeing major announcements ahead this week such as jobs report, Federal Reserve rate decision, and Apple’s earnings. On Monday, October 30, the Dow Jones Industrial Average (INDEXDJX: .DJI) gained by over 511 points or 1.58%, ending the trading at 32,928.96. This was the biggest single-day gain market by the index, after June 2023. The S&P 500 saw a robust 1.2% surge, reaching 4,166.82, marking its most substantial gain since late August. Simultaneously, the Nasdaq...
Read More »Bitcoin-Frage: Was passiert, wenn alle Bitcoins geschürft sind?
Bitcoin Minining Bitcoin, die weltweit erste Kryptowährung, wurde 2009 von einer unbekannten Person oder Gruppe mit dem Pseudonym Satoshi Nakamoto eingeführt. Eines der herausragenden Merkmale von Bitcoin ist seine begrenzte Menge: Es wird insgesamt nur 21 Millionen Bitcoins geben. Doch was passiert, wenn alle diese Coins geschürft sind? Hier ist ein tiefer Einblick in die Folgen und den potenziellen Einfluss auf das Bitcoin-Ökosystem. 1....
Read More »15 Jahre Bitcoin: Wertspeicher statt alltägliche Kryptowährung
Vor 15 Jahren, am 31.10.2008 veröffentlichte Satoshi Nakamoto sein berühmtes Whitepaper mit dem Titel „Bitcoin: A Peer-to-Peer Electronic Cash System“. Darin beschrieb er die technischen Grundlagen des Bitcoin und damit auch die der Blockchain-Technologie. Hat sich Nakamotos Utopie, für die Bitcoin die technisch-monetäre Grundlage sein sollte, tatsächlich realisiert? „Die große Utopie eines dezentralen Finanzsystems ohne Banken und frei von staatlichen Eingriffen ist nicht Realität geworden...
Read More »Selecta presents first bitcoin-compatible Smart Fridges
Selecta, the European leader in FoodTech, introduces the first food vending machines that enable payments with crypto currencies, through an integration with Solana Pay. This functionality and flexibility provides even more convenience and freedom of choice in terms of payment options. The Smart Fridges are being presented for the first time during Solana Breakpoint, taking place this year from Oct. 30 to Nov. 3 at the Taets Art & Event Park in Zaandam. The event brings together the...
Read More »Nonprofit Organization Purchases 24,000 Nvidia AI Chips for $500 Million
The deployment of the 24,000 chips should be completed by February 2024. Voltage Park, a nonprofit organization founded by billionaire Jed McCaleb, has acquired approximately 24,000 Nvidia H100 chips for approximately $500 million. According to The Business Time, the organization plans to lease AI computing power at a low cost to address the shortage of these chips. Eric Park, CEO of Voltage, stated: “The current ecosystem for machine learning is fundamentally flawed.” Therefore, the...
Read More »Singapore, UK, Swiss, and Japan Regulators Collaborate on Asset Tokenization Pilots
The countries created a policymaking group to further the asset tokenization tests and help with navigating legal and compliance concerns. Government agencies in multiple countries are collaborating on asset tokenization tests with real-world assets. In a Monday announcement from the Monetary Authority of Singapore (MAS), regulators in Japan, Switzerland, Singapore, and the UK are all working on tokenization pilots in foreign exchange, fixed income, and asset management products. The...
Read More »Cardano (ADA) and Dogecoin (DOGE) Engage in Tight Battle for 8th Spot
With Cardano and Dogecoin engaged in a tight battle, here’s a look into what each of these coins are up to in the near term. The altcoin space has been buzzing with activity over the past few weeks and currently, both Cardano (ADA) and Dogecoin (DOGE) have been engaged in a tight battle for the 8 spot in the top ten crypto list. Over the last week, both these altcoins have delivered over 10% gains, showing strength. Let’s take a look at how both these cryptocurrencies have been performing...
Read More »GBTC & BITO Witness Historic $1.7B in Trading Volume as BTC Investors Anticipate Bitcoin ETF Approval
In anticipation of this pivotal event, there has been a substantial uptick in trading volume for products launched by ProShares and Grayscale. Activity surrounding Bitcoin investment products, particularly exchange-traded funds (ETFs), has seen a notable increase. This surge is primarily driven by the growing excitement within the market about potential ETF approvals in the United States. Speculation and expert opinions on the potential acceptance of the Grayscale Bitcoin Trust (GBTC) by...
Read More »Thailand’s Kasikornbank Buys Majority Stake on Satang Crypto Exchange
K-Bank aims to capture 20% of the crypto market in Thailand through the acquisition of Satang Pro. In a bold move signaling growing integration between traditional finance and the burgeoning cryptocurrency industry, Kasikornbank, one of the largest banks in Thailand, has purchased a majority stake in a local digital assets trading platform called Satang Pro. According to a recent filing, the bank, popularly known as K-Bank in the country, acquired 97% of Satang’s parent company shares,...
Read More »Only 12 Out of 78 Projects Rugpulled in Q3 2023 Were Audited: Report
Research by blockchain security firm Hacken has found that most of the crypto projects rug-pulled in the third quarter of 2023 had no audit reports. According to the Q3 2023 Security Insights report, only 12 out of 78 examined rug pulls conducted and reported audits. Most Rugpulled Projects Are Not Audited An independent third-party audit offers a detailed review of a token, identifies the project’s vulnerabilities, and alerts investors. Hacken noted that rug pulls are one of...
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