Author: cointechies
Hedge funds cash in on Trump-fuelled crypto boom Financial Times
Check out the latest information in Spanish. Hut8, a major North American Bitcoin (BTC) mining company, has further expanded its BTC holdings with a $100 million acquisition. This latest acquisition brings the company's total reserves to over 10,096 BTC, worth over $1 billion at current market prices. Hut 8's Bitcoin reserves exceed $1 billion The Miami-based cryptocurrency mining company continues to grow its Bitcoin reserves despite the recent spike in BTC prices. In its latest announcement, Hut 8 revealed that it purchased approximately 990 BTC for $100 million, at an average price of $101,710 per Bitcoin. Related books The acquisition…
Crypto liquidations hit $1B as traders were ‘unprepared for bad news’ Cointelegraph
A London judge found that Craig Wright had forged documents and repeatedly lied in court, and it was conclusively declared that Craig Wright was not Satoshi Nakama. Part of the ruling stipulated that Wright could no longer bring lawsuits related to Bitcoin. Nevertheless, Wright filed a separate lawsuit against Twitter founder Jack Dorsey worth a total of $1.2 trillion. The British court found the act to be in contempt of court and sentenced Wright to one year in prison (although the sentence was suspended). This year has been a particularly good year for cryptocurrencies and Bitcoin. So it's no surprise…
Ronaldo is an experienced cryptocurrency enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has developed a deep interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity that quickly turned into a deep passion to understand the intricacies of this breakthrough technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved deep into the world of cryptocurrencies, exploring its various aspects, from blockchain fundamentals to market trends and investment strategies. His tireless inquisitiveness and effort to stay on top of the latest trends has…
The annual blockchain gaming report has arrived. There are some interesting advances being made in the industry. The big news is that many blockchain gaming experts have a background in gaming, not cryptocurrencies. Ownership of digital assets remains the biggest benefit of blockchain technology in gaming, cited by almost three-quarters of respondents. The industry continues to face misinformation, with many believing bots and Ponzi schemes are rampant throughout GameFi. Blockchain Gaming Alliance (BGA), the largest gaming group in crypto, has released its 2024 report, revealing how far the GameFi industry has progressed in the past 12 months. This release highlights…
In Season 6 of the long-running TV series Friends, one character tells another that by 2030, humans will be able to download their memories and thoughts into computers and live forever as machines. I'm talking about being deaf.More recently, the hugely popular Black Mirror Season 3 episode “San Junipero” featured a simulated scene in which the dead were “alive” and elderly people “visited” their younger selves at periods of their choosing. The reality was introduced. The 1999-2000 Friends episodes may have sounded like science fiction, but now we're not so sure.In fact, American computer scientist, futurist, and entrepreneur Ray Kurzweil…
Institutional investors are considering a variety of crypto ETFs including Polkadot, with 21Shares recently registering the Polkadot Trust in Delaware following the launch of the Polkadot ETP on the Swiss SIX exchange in 2021 . The move sparked debate over whether Polkadot would struggle against competitors like Solana. And XRP. This week, 21Shares registered Polkadot Trust in Delaware to provide accredited investors with exposure to Polkadot's smart contract ecosystem. The asset management company launched Europe's first Polkadot exchange-traded product (ETP) in 2021, listing it on the Swiss SIX exchange. Related: Solana blockchain hits new record after PENGU token launch However,…
Cryptocurrency gaming project Pixelverse has announced MemeBattle, a tactical deck builder game where squads battle for rewards, featuring characters inspired by popular cryptocurrency memes. MemeBattle features 10 playable characters modeled as unique in-game entities rather than cards, and is powered by Coinbase's Base, Ethereum's Layer 2 network. Crypto gaming project Pixelverse has announced the launch of a new tactical deck builder game that turns popular cryptocurrency memes into playable characters. MemeBattle allows players to build teams using characters modeled after famous Meme Coin mascots, including Bullet, Toshi, Keyboard Cat, Dog in Me, Mr. Miggles, Mochi, and Ski Mask Dog. Players…
Bitcoin recently hit an all-time high, but has since fallen 9%, with other cryptocurrencies also suffering significant losses. The downturn in the crypto market led to the liquidation of over 304,930 traders and the loss of USD 1.02 billion in market value. Despite the recent selloff, analysts believe the setback is temporary and insist on the strength of the ongoing bull market. They suggest that the U.S.'s internal dynamics and pro-crypto leadership outweigh the negative effects of recent federal monetary policy. Bitcoin and the company are on a downward trend that began two days ago when the No. 1 cryptocurrency…