The unsolicited buyout bid followed a series of long-term business contracts in which Core Scientific would provide infrastructure for Coreweave.
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- Crunch
- Global
BIGCAP COINS:
- Pepe: Market Cap of $6.1 Billion.
- Bitcoin: Market Cap of $1.4 Trillion.
- FLOKI: Market Cap of $3.1 Billion.
MIDCAP COINS:
- Notcoin: Market Cap of $2.2 Billion.
- Bitgert: Market Cap of $68.9 Million.
- DOG•GO•TO•THE•MOON (Runes): Market Cap of $882 Million.
RISING COINS:
- PeiPei: Market Cap of $57.8 Million.
- MAGA: Market Cap of $116 Million.
- Mog Coin: Market Cap of $571 Million.
Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.
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There’s a three-way race for the top slot, with Microsoft maintaining a slight edge.
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Early crypto investor Roger Ver, known by many as “Bitcoin Jesus,” was granted bail in Spain but still faces extradition to the U.S. for tax fraud charges.
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Julia Leung, the chief executive of the Hong Kong Securities and Futures Commission, highlighted bitcoin’s resilience as a valid alternative asset during her speech at the Greenwich Economic Forum. Despite acknowledging the intrinsic value debate, Leung praised Bitcoin for weathering various economic cycles over 15 years and recognized the permanence of its underlying distributed ledger technology (DLT).
As Hong Kong initiates a licensing requirement for crypto trading platforms, concerns rise among local lawmakers, like Duncan Chiu, over stringent regulations deterring major global exchanges. These rules aim to balance investor protection with the growth of the Web3 ecosystem, though they’ve been criticized for potentially stifling market confidence.
In addition, the SFC is advancing regulations on stablecoins and exploring a central bank digital currency with Project Ensemble, focusing on tokenized financial products. These steps signal Hong Kong’s commitment to both innovating in the digital currency space and maintaining robust safeguards for investors.
The inflows from the United States spot Bitcoin ETFs could help Bitcoin absorb the selling pressure from Friday’s option expiry.
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Bitcoin first needs a weekly close above the $71,300 mark to confirm a likely price breakout to new all-time highs.
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Ethereum is still working on a complementary plan for parallel EVM, but Bitcoin can be soon expecting its own parallel VM layer 2.
Let’s firstly understand why Ethereum cannot achieve parallel EVM.
To maintain network consistency and security, EVM has a crucial feature in its design: transactions are executed sequentially. Sequential execution ensures that transactions and smart contracts can be executed in a deterministic order, making it easier to manage and predict the blockchain’s state. This design choice prioritizes security, reducing potential complexities and vulnerabilities associated with parallel execution. However, under high loads of transaction requests, this sequential…
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In a bold forecast, Standard Chartered’s head of digital assets research, Geoff Kendrick, has predicted that Bitcoin could surge to $150,000 if Donald Trump wins the upcoming U.S. presidential election. “As we approach the U.S. election, I expect $100,000 to be reached and then $150,000 by year-end in the case of a Trump victory,” Kendrick stated.
JUST IN: #Bitcoin to reach $150,000 if Donald Trump wins presidency, says Standard Chartered. pic.twitter.com/4Kaq4P0BRf
— Bitcoin Magazine (@BitcoinMagazine) June 6, 2024
The prediction comes amidst a backdrop of economic indicators and political developments influencing the Bitcoin market. Kendrick highlighted that the next significant driver…
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The fall of Silicon Valley Bank prompted Venture Capitalist Tim Draper to tell the firms he’d invested in to buy Bitcoin.
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