Protocol Village: FLock.io to Merge Decentralized AI Training With Morpheus 'Smart Agents'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 16-22.
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May 16, 2024 at 10:03 p.m. UTC
May 16, 2024
Bitcoin
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Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
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Coinbase Shares Sink 9% on Report CME to Consider Listing Spot Bitcoin
The stock was the second worst performing among crypto stocks on Thursday.
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May 16, 2024 at 6:37 p.m. UTC
May 16, 2024
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Crypto Update | The Role of ETFs in Diversifying Portfolios
Eric Balchunas, a Bloomberg Intelligence Senior ETF Analyst, underscores the rising popularity and influence of ETFs in investment markets.
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May 16, 2024 at 6:36 p.m. UTC
May 16, 2024
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Bitcoin Mining Cost Drops to $45K as Inefficient Miners Exit: JPMorgan
The bank sees limited upside for the bitcoin price in the near term due to a number of headwinds.
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May 16, 2024 at 3:05 p.m. UTC
May 16, 2024
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Miner Hut 8’s Bitcoin Stack Gives it Capital to Pursue Upcoming Projects, Upgrade to Buy: Craig-Hallum
The miner’s bitcoin stash is a protective feature for investors and opportunistic capital for the business to use for growth, the report said.
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May 16, 2024 at 1:31 p.m. UTC
May 16, 2024
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First Mover Americas: Bitcoin Tops $66K as Interest-Rate Cuts Loom
The latest price moves in crypto markets in context for May 16, 2024.
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May 16, 2024 at 12:01 p.m. UTC
May 16, 2024
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Ether-Bitcoin Ratio Slides to Lowest Since April 2021. Here's Why
"Ether is a 'lightning rod' for negative sentiment from crypto native and external players and has several weak spots," one observer said.
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May 16, 2024 at 10:48 a.m. UTC
May 16, 2024
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Bitcoin Has Best Day in 2 Months as Markets Anticipate a ‘Summer of Easing'
The net percent of global central banks cutting rates is increasing in a positive sign for risk assets, including cryptocurrencies.
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May 16, 2024 at 6:08 a.m. UTC
May 16, 2024
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Bitcoin Hits $66K as Soft Inflation Data Sparks Crypto Rally
Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said.
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May 15, 2024 at 8:11 p.m. UTC
May 15, 2024
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Sweeping ‘Bitcoin Rights’ Bill Becomes Law in Oklahoma
The new laws protect Oklahomans’ right to self-custody their crypto and prevent the state and local governments from banning crypto mining.
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May 15, 2024 at 7:38 p.m. UTC
May 15, 2024