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This Week in Coins: Bitcoin and Solana Jump, Rest of Crypto Market Rises – Decrypt

Illustration by Mitchell Preffer of Decrypt. Bitcoin and other major coins and tokens have made gains over the past seven days during what looked like a boring week. BTC remained static on Monday, but skyrocketed on Thursday. According to CoinGecko, the price of Bitcoin is currently easily over $47,000 per coin. It rose 11% for […]

Bitcoin ETF Issuers May Dwindle by End of Year, Says Valkyrie CIO – Decrypt

Stephen McClurg, chief investment officer at Valkyrie Funds, said the Spot Bitcoin exchange-traded fund (ETF) is approaching its first month of operation, but the ETF space could shrink by the end of the year. Stated. McClurg predicts that only “about seven or eight” of the 10 issuers currently operating will survive.he tells the reason DecryptionThat’s […]

Former Starbucks Bitcoin Partner Bakkt Says It’s Running Out of Cash – Decrypt

Digital asset firm Bakkt told regulators this week that it is short on funding, citing the “rapidly evolving environment” of the crypto industry. The company once boasted major partners such as Starbucks and Mastercard, and traces its lineage back to the same company that owns the New York Stock Exchange. Disclosed in SEC filings On […]

'Heroes of Mavia' Airdrops Token to 100,000 Gamers, Ethereum NFT Owners – Decrypt

heroes of maviaMAVIA Token, a recently released mobile strategy game, today launched MAVIA Token with an airdrop to approximately 10,000 players and 100,000 players. Ethereum NFT land parcels in the game. The MAVIA token on Ethereum debuted early Tuesday and has skyrocketed in value, soaring about 36% to its current price of nearly $3.10. CoinGecko. […]

US Ramps Up Monitoring of Crypto Miners' Energy Use – Decrypt

The U.S. Energy Information Administration (EIA) plans to collect data on the energy use of cryptocurrency miners operating in the United States. in press releasethe agency announced that it would begin a “preliminary investigation into electricity consumption information from certain virtual currency mining companies operating in the United States.” Crypto mining is a way for […]

Proto-Danksharding Ahoy! Ethereum Upgrade Clears Another Hurdle – Decrypt

A highly anticipated upgrade to the Ethereum network called Dencun has cleared a major hurdle and became active on the Sepolia testnet on Tuesday. This development follows his activation on the Goerli testnet earlier this month. Dencun introduces “proto-dunksharding” to the number one proof-of-stake blockchain. protodunk sharding is designed to reduce transaction costs and cheap […]

A Neuralink Chip Has Been Implanted In a Human for the First Time – Decrypt

A computer chip developed by Neuralink has been implanted in the company’s first human subject, marking a breakthrough in the cutting-edge field of brain-computer interface (BCI) research, according to company co-founder and owner Elon Musk. It became. “The first humans received implants from Neuralink. As of yesterday, he was recovering well,” Musk said. announced on […]

This Week in Coins: Despite ETF Hype, Bitcoin and Ethereum Plunge Hard – Decrypt

Illustration by Mitchell Preffer of Decrypt. More than a week after the launch of the Spot Bitcoin Exchange Traded Fund (ETF), the cryptocurrency market is in trouble. Over the past week, Bitcoin (BTC) has lost more than 10% of its value. according to To CoinGecko. The largest digital coin by market capitalization currently costs $41,002. […]