CRYPTO
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US government transfers 300 ETH — Arkham Intelligence
The 300 Ethereum coins were transferred from a wallet identified as “Noman Seleem Seized Funds” by the onchain analytics firm.…
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The USA can (and should) dedicate more energy to Bitcoin mining
Donald Trump is right: The United States could easily ramp up the amount of energy it expends on Bitcoin mining.…
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Bitcoin ‘late longs’ washed out as BTC price falls to $65K
Bitcoin leveraged positions increased over the past week, and a portion of these late longs have been wiped out as…
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Trump pledges to fire SEC Chair Gary Gensler ‘on day one’ if reelected
The Republican candidate laid out a plan for crypto policies should he win in November against prospective Democratic presidential nominee…
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OpenAI could lose $5B this year and run out of cash in 12 months: report
The ChatGPT maker reportedly will spend some $7 billion on AI testing this year. Source link
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Metaverse book gets boring rename in latest sign of waning enthusiasm
The growing malaise for metaverse hype is reminiscent of the AI sector directly before the launch of GPT-3. Source link
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Spot Ethereum ETFs are coming, but ETH derivatives markets are flat
Ether futures show little confidence in the chance of ETH breaking above $4,000 in the near term. Source link
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Time for altseason? Analysts say altcoin market is near ‘momentum bottom’
Altcoin prices have been in a rut, but a key alteason indicator hints that the “strongest wave” is yet to…
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Trading platform Abra purchased Valkyrie’s crypto trusts: Report
Abra purchased the trusts amid a settlement with 25 US state regulators connected to financial licensing violations. Source link
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Crypto platform DeFi Technologies to acquire trading desk Stillman Digital
Analysts say the all-stock deal will transform the Canadian crypto platform into “a smaller version of Galaxy Digital.” Source link
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