Stablecoins pegged to the United States dollar have outpaced Bitcoin as a store of value in developing countries with runaway inflation. Stripe, a payments processing company, is reportedly in talks to acquire stablecoin platform Bridge, according to unnamed sources familiar with the deal. According to Bloomberg, the deal has not yet been finalized, and either...Continue Reading

As part of its coverage of the 2024 US Elections, Cointelegraph asked several congressional candidates for their positions on cryptocurrency and blockchain. Kari Lake is running to represent the state of Arizona in the United States Senate. A far-right Republican who refused to concede her loss in the state’s 2022 gubernatorial election, Lake will face...Continue Reading

Analysts say Bitcoin price pullbacks “will happen” and suggest that traders avoid impulsive trading. Bitcoin (BTC) price will need to drop around 12% from its current $67,250 level for skeptics to have their bearish outlook confirmed, according to a crypto analyst. “Bears can only get giddy if BTC breaks below $58.8k,” crypto analyst Matthew Hyland...Continue Reading

The memecoin supercycle theory has spread quickly, convincing many of the potential for big profits. Investor and memecoin analyst Murad Mahmudov’s memecoin supercycle theory has gained traction among traders.  The theory, in short, states that a confluence of factors will create an essentially unending supercycle for meme-centric cryptocurrencies. But unlike other crypto market narratives with...Continue Reading

Bitcoin’s emerging layer-2 and DeFi ecosystems are sparking competition for BTC liquidity on other chains.   Solv Protocol has launched a Bitcoin (BTC) staking token on Solana in a bid to woo BTC holders as yield opportunities proliferate for the digital currency, Solv told Cointelegraph on Oct. 17.  New BTC yield options in the Bitcoin network’s...Continue Reading

The company’s CEO described getting a blockchain patent in the US as “a very challenging process.”  Blockchain firm HUMBL recently announced that the United States Patent and Trademark Office (USPTO) formally issued a patent for the company’s blockchain technology.  The patent was issued on Oct. 15 for HUMBL’s nebulously titled “System and Method for Transferring...Continue Reading

The CySEC has warned crypto asset service providers of coming changes as the continent braces for MiCA. The European Union will transition from national laws on crypto asset service providers (CASPs) to common Markets in Crypto-Assets (MiCA) regulations by Dec. 30. The Cyprus Securities and Exchange Commission (CySEC) is providing an example of that transition...Continue Reading

Bitcoin pulled back from its range high as investors moved to greener pastures, but a possible misstep by the SEC could benefit BTC.  Bitcoin (BTC) briefly ventured above $68,400 on Oct. 16, the highest level since August, but holding this level proved harder than anticipated. With Bitcoin price now trading below $67,500, the primary question...Continue Reading

More than half of voters in the United States are more likely to vote for a pro-crypto candidate versus one who is not, Craig Salm said.  More than half of voters in the United States are more likely to vote for a pro-crypto candidate versus one who is not, Craig Salm, Grayscale’s chief legal officer,...Continue Reading

The new model appears to be a fine-tuned version of Meta’s Llama-70b. Nvidia unceremoniously launched a new artificial intelligence model on Oct. 15 that’s purported to outperform state-of-the-art AI systems including GPT-4o and Claude-3.  According to a post on X from the Nvidia AI Developer account, the new model, dubbed Llama-3.1-Nemotron-70B-Instruct, “is a leading model”...Continue Reading