A shallower Bitcoin trench than previous cycles “indicates a maturing market with reduced volatility and stronger institutional confidence,” said Nick Ruck, director of LVRG Research. Read More at https://cointelegraph.com/news/bitcoin-drawdown-much-less-dramatic-this-cycle-fidelity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Dorsey shares AI-integrated workplace vision weeks after Block’s 40% staff cut
Block cut 4,000 of its staff in February as part of its AI-driven pivot. A new post by Block’s Jack Dorsey has shed light on how the company and others might operate in the future. Read More at https://cointelegraph.com/news/block-ai-transform-middle-management-organization-design?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CFTC’s top enforcer puts prediction market insider traders on notice
“There’s a myth in mainstream media and social media that insider trading doesn’t apply in the prediction markets … That is wrong,” said CFTC enforcement director David Miller. Read More at https://cointelegraph.com/news/cftc-enforcement-chief-warns-insider-traders-on-prediction-markets-will-be-prosecuted?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
E-commerce giant Mercado Libre to sunset rewards-based Mercado Coin: Report
The closure of Mercado Coin doesn’t mark the end of Mercado Libre’s crypto rewards strategy as it still offers the Meli Dolar (MUSD), a US-dollar stablecoin which launched in 2024. Read More at https://cointelegraph.com/news/mercado-libre-shut-down-mercado-coin-loyalty-rewards?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
New Hampshire’s Bitcoin-backed bond gets Moody’s rating
Moody’s assigned a provisional Ba2 rating to New Hampshire’s bond project, placing it below investment grade, as it cited Bitcoin’s volatility. Read More at https://cointelegraph.com/news/new-hampshire-s-bitcoin-backed-municipal-bond-edges-closer-to-launch-after-moodys-rating?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Researchers say quantum computers could, in theory, be ready by 2030
New research from Caltech and Oratomic, a Caltech-linked startup say quantum computers of the future may be closer to reality. Read More at https://cointelegraph.com/news/caltech-researchers-theorize-quantum-computers-could-be-operational-before-2030?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitfarms loss widens to $285M as Bitcoin fell, but shares jump anyway
Bitfarms said it was impacted by a decline in Bitcoin prices last year. The company is now five months into its pivot from Bitcoin mining to HPC and AI. Read More at https://cointelegraph.com/news/bitfarms-shares-rise-despite-285-million-net-loss-amid-ai-transition?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana DEX volumes drop to 2024 lows: Will SOL hold $80 as support?
Solana’s declining DEX volumes raise the likelihood of a SOL price correction to $75, but the network’s DApp revenue highlights its resilience. Read More at https://cointelegraph.com/news/solana-dex-volumes-drop-to-2024-lows-will-sol-hold-80-as-support?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin, stocks soar as markets respond to chance of US and Israel-Iran war ending
Bitcoin held gains above $68,000 as investors leaned into news that the US and Iran were ideating ways to end the war. Will markets hold their newfound bullishness? Read More at https://cointelegraph.com/news/bitcoin-stocks-soar-as-markets-respond-to-chance-of-us-and-israel-iran-war-ending?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump says US will leave Iran within 2 to 3 weeks
“We’re finishing the job, and I think within maybe two weeks, maybe a couple of days longer to do the job,” Trump told reporters in the Oval Office. Read More at https://cointelegraph.com/news/trump-signals-us-withdrawal-iran-weeks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound