According to DemandSage, Telegram boasts approximately 950 million monthly active users and has raised over $4 billion since its launch. Telegram and the separate, decentralized Open Network have the potential to elevate the messaging platform into an all-encompassing application that includes social media, payments, finance, entertainment, gaming, and communication capabilities — much like China’s popular...Continue Reading
Contributions from Coinbase and statements from executives suggested that crypto companies were likely to keep pouring money into future US elections. Though reporting varies and may still come in after all the elections are called, many experts said crypto interest groups and political action committees (PACs) spent more than $100 million through campaign contributions and...Continue Reading
Bitcoin price hit a new all-time high above $76,850, and multiple data points suggest that the rally has room to run higher. On Nov. 7, Bitcoin continued the trend of consecutive daily all-time highs as BTC price traded above $76,800. Robust spot Bitcoin ETF inflows, BTC’s break out of a 7-month-long downtrend into price discovery,...Continue Reading
Institutions are fueling RWA tokenization growth, but challenges remain for this emerging sector. The tokenization of real-world assets (RWAs) is emerging as a prominent trend, drawing substantial institutional interest and investment. This movement has fueled forecasts of explosive growth in the RWA sector, with estimates ranging from $4 trillion to $30 trillion in market size...Continue Reading
Jeff Hurd and Scott Perry, both in favor of FIT21, won close elections against their Democratic rivals for House seats in Colorado and Pennsylvania. Two Republicans running for seats in the United States House of Representatives have defeated their Democratic challengers in the 2024 election, narrowing the gap for the party to keep a majority...Continue Reading
In November, L2s have been posting some 3x more transaction data each day to the mainnet than they did in March. Ethereum’s network revenues are poised to rebound as surging activity on layer-2 (L2) scaling networks drives demand for data storage, according to cryptocurrency researchers and onchain data. In November, Ethereum L2s have been posting...Continue Reading
Trump’s win sparked a surge of interest in crypto, Galaxy’s CEO reportedly said. Galaxy Digital, a cryptocurrency trading firm, clocked the biggest trading day of the year on Nov. 5 as Donald Trump’s victory in the United States presidential race sparked a surge of interest in crypto, Bloomberg reported on Nov. 7. “[O]ur franchise was...Continue Reading
SOL is up more than 20% this week, and data suggests that the rally will continue. Solana’s native token SOL (SOL) surged 22.5% between Nov. 5 and Nov. 7, reaching its highest level in seven months. This rally mirrored broader altcoin gains, which rose by 17% as Bitcoin (BTC) reached a new all-time high on...Continue Reading
Explore how Trump’s presidency may shape the future of crypto and the potential impact of his policy on crypto companies. The cryptocurrency market surged following Donald Trump’s victory in the 2024 United States presidential election, as many believe his win will have a significant impact on the industry. Cointelegraph Research recently published a report by...Continue Reading
United States lawmakers believe Building energy infrastructure for Bitcoin mining, AI, and high-performance computing is a major priority. As Bitcoin mining companies diversify into artificial intelligence and high-performance computing (HPC) data centers to shore up revenue, Nazar Khan, chief technical officer of TeraWulf — a publicly traded mining company — argues that electrical load variability...Continue Reading
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