Ethereum price underperforms BTC on a number of metrics as investors await spot ETH ETF to start trading. Ether $3,090 started the year strongly but began tapering off in mid-March. Although the ETH picked momentum in mid-May amid anticipation of the approval of spot Ethereum ETFs in the United States, it has underperformed Bitcoin BTC …
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Telegram founder Pavel Durov says Hamster Kombat’s viral success could onboard over 200 million people to blockchain technology. The viral growth of Hamster Kombat and its upcoming token launch on the TON blockchain could onboard hundreds of millions of people to Web3, according to Telegram founder Pavel Durov. In a public post to his Telegram channel’s 2.7…
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The Bitcoin price correction provided a strong opportunity for ETF investors to buy the dip. United States-based Spot Bitcoin exchange-traded funds (ETFs) experienced a surge in inflows on July 6, following Bitcoin’s price dropping below $54,000 just days earlier on July 4. According to Farside Investors, the spot Bitcoin ETFs saw their largest net inflows in a month,…
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Governor Roy Cooper was slammed for not putting “partisan politics aside” to support a law that would benefit all North Carolina residents. North Carolina Governor Roy Cooper has vetoed a bill banning the state from implementing a US Federal Reserve-issued central bank digital currency (CBDC) despite receiving near-unanimous support in the state’s House of Representatives…
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The partial dismissal indicates complainants failed to demonstrate that GitHub reproduces human-created code. The judge overseeing a billion-dollar class action lawsuit against GitHub, OpenAI, and Microsoft over the alleged unauthorized use of intellectual property (IP) to train the “GitHub Copilot” artificial intelligence (AI) coding software has partially dismissed the claims against the defendants. This marks…
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The new tokenized assets offer the stability of the Bitcoin network with admirable yield. Crypto startup Hamilton has launched tokenized United States Treasury bonds on Bitcoin layer-2 blockchains. The company claims the launch is the first of its kind. Hamilton U.S. T-Bills (HUST) will be available on the Stacks, Core and BoB (Build on Bitcoin)…
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The German government’s latest Bitcoin transfers could impact the market significantly, as it moves 3,000 BTC to various crypto exchanges and an unknown wallet. A crypto wallet linked to the German government transferred more than 3,000 Bitcoin worth over $172 million in parts to three crypto exchanges and a wallet. On July 4, blockchain investigator PeckShieldAlert…
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Around $222 million in long Bitcoin positions were liquidated in the past 24 hours, with the price of BTC hitting its lowest point since February. Bitcoin hit a four-month low of $53,499 on Coinbase as news of Mt. Gox’s latest cold wallet transfer hit the markets. Bitcoin (BTC) plummeted at around 4:19 am UTC on…
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Bitcoin has been in a downtrend since the beginning of June, struggling to gain upward momentum despite positive ETF inflows. The Bitcoin price fell below the $60,000 psychological mark on July 3, threatening to prolong the current price consolidation as Mt. Gox potentially starts releasing $9 billion worth of BTC. Bitcoin fell 4.2% in the 24…
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A hacker broke into the Ethereum Foundation’s email server and sent scam emails to 35,794 people, recording 81 subscriber email addresses in the process. On June 23, the Ethereum Foundation’s “update” email account was hacked and used to promote a phishing scam, according to a July 2 blog post from the foundation. The foundation has…
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