Mining
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Month: June 2024
Bitcoin
Bitcoin Risk Of Sell-Off Drops Sharply As Short-Term Holder Profit Remains Low
Over the weekend, Bitcoin suffered from mounting sell pressure that pushed the price below $70,000 once again. However, with the short-term hold profitability remaining low at this time, the risk of the pioneer cryptocurrency suffering […]
Business
Ripple to launch RLUSD stablecoin on Ethereum and XRPL this year
Share this article Ripple has recently shared additional details about the imminent launch of its new stablecoin. In a recent announcement, the company revealed that the stablecoin, named Ripple USD (RLUSD), is set to launch […]
Altcoin
Why Bitcoin ETFs Aren’t What They Seem, According To Expert
Recent analyses suggest that a significant portion of the capital flow into Bitcoin exchange-traded funds (ETFs) is driven by arbitrage strategies rather than direct investment from retail traders. Particularly, Raoul Pal, CEO of Real Vision, […]
AI News
Netflix VP of Games Mike Verdu to shift roles as company seeks replacement
GamesBeat is excited to partner with Lil Snack to have customized games just for our audience! We know as gamers ourselves, this is an exciting way to engage through play with the GamesBeat content you […]
Mining
Trump vows to make US a Bitcoin mining powerhouse if re-elected
Former US President Donald Trump has shifted his attention to Bitcoin miners in his drive towards embracing the crypto industry. In a June 12 post on Truth Social, Trump expressed support for Bitcoin mining, highlighting […]
Market Analysis
Fortune 500 firms fuel crypto adoption with 56% of executives confirming active initiatives, Coinbase survey reveals
Share this article 56% of Fortune 500 executives said their firms are actively working on blockchain initiatives, according to Coinbase’s survey published on Thursday. The adoption spans from legacy brands to small businesses, with applications […]
Technology
Circle integrated into Solana paving the way for programmable wallets and NFTs
Circle integrates Solana for enhanced Web3 services. The integration brings programmable wallets, gas stations for subsidized transaction fees, and NFTs to Solana. Growth in Solana’s active addresses highlights its expanding developer appeal. Circle, the peer-to-peer […]
Market Analysis
Eigen Labs acquires Rio Network to expand EigenLayer blockchain capabilities
Eigen Labs acquires Rio Network and integrates LRT tech into EigenLayer for enhanced staking utility. LRT technology from Rio Network open-sourced to standardize liquid restaking across blockchains. EigenLayer facilitates multi-chain asset security, boosting efficiency in […]
NFT
Ahmad Shadid’s Departure as io.net CEO Is Not Because of Previous Allegations
Ahmad Shadid, the founder of the decentralized physical infrastructure network (DePIN) protocol io.net, has announced that he is stepping down as CEO “effective immediately.” He said that despite the allegations against him in the past, […]
