Bitcoin Halts at $41K as Traders Eye Fed Rate Decision; AVAX Flips Dogecoin as Altcoins Jump
Bitcoin remained steady around $41,000 after Monday’s dramatic flush.
Warren’s Crypto Bill Is Likely Unconstitutional. It’s Also Unlikely to Pass
Democratic lawmakers signed on to sponsor the Digital Asset Anti-Money Laundering Act. The bill is bad for crypto in the U.S., even if it never gets through Congress.
DeFi Platform Conic Finance’s CNC Token Surges 50% as the Protocol Plots Comeback After Hack
Conic Finance was hacked in July draining roughly $3.6 million worth of ether from the protocol.
Celestia, Blockchain Data Solution, Sees TIA Token Surge as Polygon Plan Announced
Celestia’s native TIA token jumped to a record high of $12.35 on Tuesday as holders attempt to farm a series of Celestia-based token airdrops.
U.S. Presidential Candidates Chat About Crypto, Target Federal Regulators
The three aspiring presidents touched on many of the same pro-crypto points at a Coinbase-linked crypto advocacy event.
A Difficult Truth: The Unspoken Mismatch of Web3 and Generative AI
Generative AI workloads are designed to be computationally intensive, running on highly parallelizable GPUs. What role does that leave for blockchain? Jesus Rodriguez, of IntoTheBlock, explores one possible solution.
Cathie Wood’s ARK Invest Offloads Nearly $13M Worth of Grayscale Bitcoin Trust Shares
Digital asset manager Grayscale’s bitcoin investment vehicle’s shares fell 8.6% Monday, reflecting the day’s 5.8% drop in bitcoin.
China to Verify Citizens’ Identities With New Blockchain-Based Platform
The announcement follows a government rule change to require social media influencers to display their real names.
World’s First Bitcoin Bonds Receive Regulatory Approval in El Salvador
The bonds are expected to launch in Q1 of 2024, several posts amplified on social platform X by President Nayib Bukele suggest.