Cryptocurrencies have exploded from a curiosity to a $1.7 trillion market over the past few years. Now the fast-growing industry finds itself at the center of partisan politics ahead of the 2024 presidential election. key point Donald Trump has changed his stance on cryptocurrencies since leaving office, selling NFTs and planning more cryptocurrency-friendly policies if re-elected. Leading Republican lawmakers such as Representatives Emmer and McHenry, and Senator Hagerty are pushing for light cryptocurrency regulation to support innovation. A Republican administration would likely appoint a cryptocurrency-friendly SEC chair like Brian Brooks or Hester Peirce. Some Republicans have used pro-crypto policies to…
Author: Crypto Flexs
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FOX Corporation, the parent company of Fox News, has partnered with Polygon to combat the surge of AI-generated articles and deepfake media. Built on Polygon’s proof-of-stake blockchain, “Verify” is a tool used to establish the origins and history of media. FOX Corporation and Polygon Blockchain have partnered to launch ‘Verify’, a tool designed to verify the authenticity and provenance of digital content. Media Source Protocol FOX Corporation developed ‘Verify’ using Polygon’s proof-of-stake (PoS) blockchain. According to a press release, Verify is an open-source protocol that allows media companies to register content and grant usage rights to an AI platform, and…
Following the U.S. Securities and Exchange Commission (SEC) likely approving America’s first Bitcoin ETF, the cryptocurrency investment sector is likely to shift to other significant digital assets, particularly Ethereum and XRP. The SEC is currently reviewing several applications for an Ethereum spot ETF, but the situation is noticeably different for the XRP ETF, with no applications submitted to date. But things can change quickly, according to Steven McClurg, chief investment officer at Valkyrie Investments. Valkyrie Invest is one of 11 applicants currently awaiting approval for their spot Bitcoin ETF application. Just yesterday, Valkyrie CIO Steven McClurg said in an interview…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Polkadot (DOT) price was stable until some new developments caused analysts to express concerns about a potential price drop. InQubeta (QUBE), an Ethereum platform that helps startups find backers for artificial intelligence-based projects, has gained a global user base. It also received favorable reviews from analysts. It currently has over $8.1 million in pre-sale funding and is challenging Render Network’s dominance in the AI space. InQubeta: Making it Easier to Raise Funding for AI Startups QUBE serves as InQubeta’s…
As the world of artificial intelligence (AI) continues to advance at a breakneck pace, recent developments such as Google’s Gemini and OpenAI’s speculative Q-Star project are reshaping the generative AI research landscape. A recent major research paper titled “From Google Gemini to OpenAI Q* (Q-Star): A survey of reshaping the generative artificial intelligence (AI) research landscape” by Timothy R. McIntosh, Teo Susnjak, Tong Liu, and Paul. . Watters and Malka N. Halgamuge provide an insightful overview of the rapidly evolving field of generative AI. This analysis examines the transformative impact of these technologies, highlighting their implications and potential future directions.…
important update On July 21, 2021, a consensus issue was identified on the Ropsten network, where Go-ethereum, Erigon, and Nethermind implementations have different transaction validation logic than Besu and OpenEthereum. New versions of the affected clients have been released and are linked in the “Client Versions” table below. London’s block number has not changed and is still 12,965,000. Node operators using affected clients should upgrade to the latest version. An overview of the problem is provided in the “Ropsten Consensus Problem” section. London After success Testnet deployment, the London Upgrade is now ready to go live on the Ethereum mainnet.…
BitPay customers can now utilize a variety of supported cryptocurrencies to purchase goods and services from popular merchants such as Gucci, Ralph Lauren, and AMC Theatres. Bitcoin (BTC) service provider BitPay is adding support for numerous cryptocurrencies, including Uniswap (UNI), Chainlink (LINK), Binance Coin (BNB), and Cronos (CRO) to accommodate the wider cryptocurrency ecosystem. You have taken a big step. . These additions complement the extensive list of cryptocurrencies that BitPay already supports, giving customers the ability to use digital assets for both everyday purchases and high-value transactions. BitPay crypto payments extend beyond Bitcoin. BitPay’s recent announcement demonstrates its commitment…
Market • January 9, 2024 11:56 PM EST Posted 1 minute ago In ~ ProShares Bitcoin BTC -1.63% BITO (Strategy ETF), a Bitcoin futures exchange-traded fund, has accumulated assets of more than $2 billion, hitting an all-time high. Simeon Hyman, global investment strategist at ProShares, told The Block that the fund had assets of $2,010,057,946 at the close of the market on January 8. He added that BITO grew 10% last week from $1.8 billion on January 2 and 18% last month from $1.7 billion on December 9, 2023. “Many have pointed to speculation about spot Bitcoin ETFs as the…
As we move into 2024, the cryptocurrency market continues to be a focal point of financial discussions, attracting investors, technologists, and regulators alike. Known for its volatility, the crypto market has experienced significant ups and downs, shaped by a variety of factors ranging from technological innovations to macroeconomic trends.In this dynamic environment, market predictions play a crucial role in guiding investors and stakeholders through the labyrinth of possibilities that the coming year holds.The past few years have seen cryptocurrencies evolve from a niche digital experiment into a significant financial phenomenon. Bitcoin, Ethereum, and a host of altcoins have not just…
Ethereum price rose above the $2,350 resistance level. ETH is outperforming Bitcoin and could definitely break above the $2,400 resistance level. Ethereum is attempting a new rally above the $2,350 resistance level. The price is trading above $2,320 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major ascending channel with support around $2,300. A close above the $2,400 level could trigger a new surge for the pair. Ethereum price begins to increase Ethereum price formed a base above the $2,220 level and began a new rise. ETH has seen a sharp…