Despite potential unprofitability and legal challenges, Coinbase’s stock rose ahead of its earnings report thanks in part to JPMorgan’s rating upgrade. Trading on Coinbase (COIN) opened up by 6% in the first hour of the day on Feb. 15, boosted by rising token prices and a recent rating upgrade by JPMorgan analysts. After downgrading the...Continue Reading
Bitcoin users in the United Kingdom are increasingly close to record BTC price territory, while Japan and Turkey enter price discovery. Bitcoin (BTC) is hitting new all-time highs against fiat currencies, but its next victim could be especially large. Data from Cointelegraph Markets Pro and TradingView shows that a new BTC price record is coming...Continue Reading
NFT Collector DCinvestor — who may have the world’s best collection — says the Apple Vision Pro is a game changer for appreciating NFTs. Boasting one of the best NFT collections on the planet, DCinvestor went all in on some iconic buys in early 2021 and is one of the most respected and insightful personalities...Continue Reading
Discover the ins and outs of bonding curves in DeFi and their role in shaping token pricing dynamics and liquidity provision within blockchain ecosystems. Bonding curves in decentralized finance (DeFi) leverage smart contracts and mathematical formulas to dynamically adjust a token’s price based on its supply. Bonding curves are smart contracts that algorithmically determine a...Continue Reading
The co-founder of Polygon argues that there aren’t enough layer-2 networks despite the growing belief there are too many. In episode 48 of Cointelegraph’s Hashing It Out podcast, Polygon co-founder Brendan Farmer joins Elisha Owusu Akyaw to discuss the state of layer-2 networks, Polygon’s multiple releases in the last six months, including its aggregation layer, or...Continue Reading
The Tennessee House Banking and Consumer Affairs Subcommittee has passed a bill aimed at safeguarding musicians from AI infringement, with unanimous support. The Tennessee House Banking and Consumer Affairs Subcommittee passed a new bill on Feb. 13, with a unanimous vote, in an effort to protect musicians against abuse at the hands of artificial intelligence...Continue Reading
Telefónica said that the integration with Chainlink ensures that devices’ SIM cards will not undergo unauthorized changes. Telefónica, Spain’s largest telecom brand, has announced a collaboration with Web3 oracle provider Chainlink to enhance protections against SIM swaps — a popular attack vector that hackers use to gain access to their targets. On Feb. 15, Telefónica...Continue Reading
Over the next two years, Microsoft has pledged to invest the funds to boost AI infrastructure in Germany, as Big Tech companies continue to pour into Europe. The funding announcement was made by the company’s president and vice chairman Brad Smith on Feb. 15 at an event held in the German capital regarding its future...Continue Reading
Three-quarters of new investment is estimated to come from ETFs as Bitcoin breached the $50,000 mark. An estimated 75% of new Bitcoin (BTC) investments come from the 10 spot Bitcoin exchange-traded funds (ETFs) that were approved in the United States on Jan. 11. In the past two weeks, over three-quarters of new Bitcoin investments originated...Continue Reading
Deaton is “taking a serious look” at the upcoming election in the state of Massachusetts. John Deaton, a private attorney and a vocal advocate for the crypto industry, is considering challenging the key crypto skeptic among lawmakers, Elizabeth Warren, in a race for the Senate seat. The election will take place in November 2024. In...Continue Reading
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