Standard Chartered sees communication challenges facing the biggest digital asset treasury company as “muddying the waters” for Bitcoin in the near term. Read More at https://cointelegraph.com/news/strategys-saylor-needs-clarity-in-btc-pivot-message-to-convince-investors-stanchart?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Pakistan crypto chief seeks dialogue after scholar rules against crypto payments
Pakistan’s virtual-assets regulator called for continued dialogue on the treatment of digital assets after meeting an Islamic scholar who backed a ruling against purchases made with crypto. Read More at https://cointelegraph.com/news/pakistan-crypto-chief-dialogue-islamic-ruling?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cambridge study puts Ethereum near the lower end of PoS energy intensity
Cambridge estimated that Ethereum consumes 7.87 GWh annually and has the second-lowest market-value-adjusted energy intensity among the PoS networks studied. Read More at https://cointelegraph.com/news/ethereum-pos-energy-intensity-cambridge-study?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin bulls Michael Saylor, Adam Back slam BIP-110 Ordinals proposal
The ongoing debate comes despite a broad downturn in Ordinals transaction activity over the last two years. Read More at https://cointelegraph.com/news/bitcoin-leaders-michael-saylor-and-adam-back-rebuff-bip-110-proposal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Empery Digital shares rise after selling Bitcoin treasury to fund AI data center project
The sales come months after a major Empery shareholder demanded the firm ditch its Bitcoin treasury strategy and force the resignation of its CEO and board. Read More at https://cointelegraph.com/news/empery-digital-shares-rise-after-selling-bitcoin-treasury-to-fund-ai-data-center-project?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin nearing late stages of bear market: Jamie Coutts, Real Vision
Real Vision chief crypto analyst Jamie Coutts said it’s far too early to call $1 million by 2030, but he’s confident Bitcoin could climb up to $250,000 over the next couple of years. Read More at https://cointelegraph.com/features/bitcoin-is-approaching-the-second-half-of-the-bear-market-jamie-coutts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum climbs 3% on tokenization boom: Can bulls push ETH price past $1,800?
Despite strong tokenization gains and institutional accumulation, weak onchain and derivatives data leaves ETH vulnerable to a $1,700 retest. Read More at https://cointelegraph.com/markets/ethereum-climbs-3-on-tokenization-boom-can-bulls-push-eth-price-past-1800?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bonzo Lend loses $9M in oracle exploit on Hedera
An attacker inflated the value of SAUCE collateral and borrowed $9 million from Bonzo Lend through a flaw in Supra’s on-chain oracle verifier. Read More at https://cointelegraph.com/news/bonzo-lend-9m-oracle-exploit-hedera?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price gains nearly 10% in July, but traders still see BTC copying 2022 bear market
Bitcoin price gains approached 10% for the first two weeks of the month, but analysis warned of the bear market returning from August onward. Read More at https://cointelegraph.com/markets/bitcoin-price-gains-nearly-10-in-july-but-traders-still-see-btc-copying-2022-bear-market?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dollar stablecoins could improve FX access but amplify currency runs: IMF paper
An IMF working paper says dollar stablecoins can improve access to foreign currency but may also help coordinate exits from local currencies during periods of severe exchange-rate stress. Read More at https://cointelegraph.com/news/imf-stablecoins-fx-access-currency-runs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound