General category for all types of news related to the cryptocurrency world.
Kamala Harris and Donald Trump are now tied at 49% on Polymarket after Harris’s North Carolina speech proposing a $6000 tax credit for young families, erasing her previous 10% lead. Michelle Obama holds a minor 1% prediction. #2024Election
BlackRock surpasses Grayscale in crypto ETF assets, managing $21.21B in Bitcoin and Ethereum ETFs. Grayscale’s top four ETFs hold $21.20B. This shift marks increased competition and innovation in the crypto investment market. $BTC $ETH @BlackRock @Grayscale
Crypto miners could earn $14B annually through AI collaborations, predicts VanEck. Reallocating 20% of mining power to AI can offset challenges like debt and reduced rewards. CoreWave and Core Scientific’s $3.5B deal highlights this potential. #Crypto #AI #Mining
Howard Lutnick, CEO of Cantor Fitzgerald, named head of Trump’s transition team; crypto community welcomes his involvement due to Cantor’s role with $USDT reserves. This could signal future U.S. policies more favorable to cryptocurrency.
US government moves 10,000 seized Silk Road $BTC to @Coinbase Prime for sale, confirms attorney Scott Johnsson. Expected details in DOJ’s FY2024 Asset Forfeiture report. This could reshape how governments handle digital assets.
Nigerian authorities froze $38M in crypto assets linked to anti-government protests. From August 1-10, 2024, “End Bad Governance” protests led to heightened scrutiny of crypto transactions and the detention of fund coordinators. $BTC $ETH @NigerianGov #CryptoNews
Yen weakens to 149 per USD, sparking yen carry trade resurgence. @Nomura reports increased borrowing by hedge funds. Rising US bond yields drive trades. @CryptoHayes warns of potential market volatility, reminiscent of Black Monday. $USD $JPY $BONDS $CRYPTO
Donald Trump holds $1M-$5M in $ETH, per his latest election disclosure, and has earned over $7M from NFT deals. His Ethereum wallet is valued at approx. $3.6M, highlighting his significant role in the crypto market. @OpenSea
Dubai Court confirms legality of crypto salaries. Case with EcoWatt Tokens ($EWT) sets precedent, aligning with UAE’s progressive digital asset rules. This could drive broader crypto adoption in salary structures. Read more: https://hodl.press/dubai-court-approves-legal-crypto-salary-payments/ #Crypto #UAE
IMF proposes 85% electricity tax on AI and crypto mining to curb emissions. These sectors use 2% of global electricity, potentially rising to 3.5%. Tax could generate $23.2B annually. ChatGPT uses 10x more power than Google Search. #Sustainability @IMF
Kamala Harris’ crypto town hall, labeled a “clown show” by $TylerWinklevoss, drew criticism for her absence and lack of clear crypto policies. Participation from $ChuckSchumer and $MarkCuban failed to address core industry concerns. #Crypto #Regulation
Chinese national kidnapped in Malaysia; $1.1M Bitcoin ransom paid. Six suspects arrested, including the victim’s driver. They face 30-40 years in prison and corporal punishment. Incident highlights rising crypto-related kidnappings in Asia. Next court date: Oct 8, 2024.
? Bitcoin ETF outflows hit $81.36M on Aug 14, while Ethereum ETFs gain $10.77M in inflows. Selective inflows seen in $IBIT and $EZBC. Shifting investor preferences highlight growing confidence in $ETH. #Cryptocurrency #ETF
“Fin+AI 2024 in Florida, Oct 2-4, to feature top AI and fintech speakers from @BankofAmerica, @EarnUp, and @RBI. Canadian delegation led by @TradeCan will showcase expertise. Chris Skinner to present ‘Intelligent Money’ on digital currency. #FinAI2024”
