Bitcoin, the world's first and largest cryptocurrency, has a unique feature called halving that occurs roughly every four years. The Bitcoin halving event is a hotly anticipated occurrence in the crypto world, and with the next one expected to take place in April 2024, here's what you need to know.
Could the power of the dollar be in decline? As BRICS countries openly toy with the idea of creating a common currency, is the global system ready to adopt a new international money? Physicists, who analysed the mathematical structure of trade, investigated.
The Bitcoin roller coaster has had more peaks and valleys than usual over the past month. The price has soared to just under $72,000 and dipped asa low as $60,617, in a whiplash-inducing series of moves. Normally, that would be written off to the inherent volatility of cryptocurrencies, but this time around there’s a more solid reason: The Halving. Sounding like the name of a pretty graphic horror film, the halving is actually an event that occurs every four years in the crypto space. And...
The industry of companion apps and robots powered by artificial intelligence (AI) is rapidly expanding. Greg Isenberg, formerly of WeWork’s startup hub, recently speculated on the financial potential of chatbots that simulate relationships, drawing from the behavior of a young investor who said he spent $10,000 monthly on such technology. On a post on X […]
Booming sales of cold drinks at Starbucks have created a problem: growing amounts of plastic waste from the single-use cups that Frappuccinos, Refreshers, cold brews and other iced drinks are served in. The coffee giant said Thursday it plans to alleviate some of that waste with new disposable cups that contain up to 20% less []
A U.S. federal jury has convicted Avraham ‘Avi’ Eisenberg on charges of commodities fraud, commodities manipulation, and wire fraud due to his involvement in the $116 million exploit of Mango Markets, a Solana-based decentralized exchange (dex) platform. Jury Convicts Avi Eisenberg in $116M Mango Markets Crypto Fraud Case In this high-profile court case, Eisenberg was […]
United States prosecutors have charged Charles O. Parks III with wire fraud and money laundering after he allegedly ran a “large-scale illegal ‘cryptojacking’ operation,” defrauding two cloud computing providers out of $3.5 million to mine $970,000 in cryptocurrencies such as ether, litecoin, and monero without authorization. Parks, who was arrested in Nebraska and faces up […]
According to Wells Fargo estimations, U.S.-based retailer Costco runs a $200 million gold business monthly. Consumer trust in the organization and its aggressive pricing have made Costco’s one-ounce bars of 24-karat gold a popular choice for investors, who take advantage of 2% over market spot prices. Costco Might Be Selling $200 Million in Gold Every […]
In the first quarter of 2024, the South Korean Won surpassed the US dollar as the leading currency for global cryptocurrency trades, with a cumulative trade volume of $456 billion according to research firm Kaiko, reflecting a growing speculative interest in risky crypto assets in South Korea. The increase in Korean won-denominated trades has been […]
Ever since Charles Oliveira made his UFC debut, he has used 'Do Bronx' as his name. But What is the meaning of Do Bronx? In the UFC 300 media day, Charles explained what it means and how much significance does it hold. What is the meaning of Do Bronx? UFC 300 features a special documentary about Oliveira's home back in Brazil. In the film, he answers the question: What is the meaning of Do Bronx? He said, “A kid who came from nothing, from the bottom, from the favelas, disparaged. If God were...
Upon reaching block height 840,000, when the mining pool Viabtc collected 37.626 bitcoin in fees worth $2.39 million, the expense for onchain transfers climbed, surpassing $240 per transaction. Block 840,003 recorded 16.06 bitcoins in fee payments, and block 840,004 accumulated 24 bitcoins in fees valued at over $1.5 million. Bitcoin Transaction Fees Skyrocket Above $240 […]
Global asset management firm Alliance Bernstein has explained that bitcoin’s bullish trajectory should resume after the upcoming halving event. The firm’s analysts described: “We believe it is always new demand catalysts that lead to bitcoin price appreciation in every cycle.” Bernstein’s Analysts on Bitcoin’s Price Post-Halving Global asset management firm Alliance Bernstein’s analysts Gautam Chhugani […]