Crypto

Source: Coin Tegraph Onchain data provider IntoTheBlock shared that 28.9% of all Ether had now been staked. Read Full Article

Source: Bitcoinist Doggy-themed meme coin, Shiba Inu (SHIB) could be on the verge of a major market downturn as recent data reveals a major crash in the cryptocurrency’s whale transaction volume. This sharp decline in whale activity could have far-reaching implications for its price outlook, hinting at a possible decline. Shiba Inu Whale Transaction Plunge…

Source: Coin Tegraph As creators worry about AI’s impact on their livelihoods, a panel at the WCIT 2024 conference in Yerevan, Armenia, highlighted how humans are still the maestros of creativity.  Read Full Article

Source: Bitcoinist This week, the crypto market is brimming with critical events—from a revealing Bitcoin documentary and a pivotal moment in the FTX withdrawal process to a major network upgrade and key macroeconomic data releases. Here’s what should be on your radar this week. #1 Bitcoin (BTC): HBO Documentary Claims To Unmask Satoshi Nakamoto On…

Source: Coin Tegraph Bitcoin should paradoxically gain from China’s stimulus rethink, but “near-term downside” risks remain for risk assets. Read Full Article

Source: Bitcoinist On Monday, the National Bank of Bahrain (NBB) announced the launch of its first Bitcoin-linked structured investment fund. The product, developed in partnership with digital asset firm ARP Digital, is designed specifically for institutional investors in the Gulf Cooperation Council (GCC) region, which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE….

Source: Coin Tegraph Without Bitcoin staking oracles, BTC-based liquid staking tokens can be only used to provide liquidity on DEXs, according to RedStone co-founder Marcin Kaźmierczak. Read Full Article

Source: Bitcoinist The latest report from CoinShares, a crypto asset manager, has revealed that digital asset investment products experienced a notable shift last week as $147 million in net outflows were recorded globally, ending a three-week streak of inflows. CoinShares revealed that this ended inflow streak isn’t ordinary, as it results from a notable trend…

Source: Coin Tegraph Over 10% of participants surveyed said that complicated wallets are the main reason they haven’t played Web3 games. Read Full Article

Source: Bitcoinist In a recent opinion article, Ward Roddam, the mayor of a town called Rockdale, Texas, has highlighted the profound impact that Bitcoin (BTC) mining is having on his small town, claiming that it is ushering in a new economic renaissance – a “digital energy boom.”  $1 Billion Impact On Rockdale’s Economy Once known…