Category: crypto
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Berachain launches Proof of Liquidity to redefine block rewards distribution
Berachain launched its Proof of Liquidity system, introducing 37 reward vaults for distributing rewards to users through emissions. Validators stake BERA and receive BGT emissions based on their boost percentage, which are directed to chosen vaults. Protocols compete for emissions to attract liquidity. Berachain aims to increase user engagement and application usage through this new…
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Hayes flips bullish on Bitcoin, predicts $110,000 rally amid Fed’s policy shift
BitMEX co-founder Arthur Hayes predicts Bitcoin could reach $110,000 before correcting, citing a potential shift in US monetary policy from quantitative tightening to easing. He believes Bitcoin could hit $250,000 eventually. Other bullish market calls and macroeconomic developments support the idea of Bitcoin forming a durable bottom.
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US President Donald Trump pumping his ‘cool’ memecoin leads to 9% jump amid 70% decline from ATH
US President Donald Trump’s promotion of the memecoin TRUMP on his Truth Social platform led to a 12% price increase. The token saw a surge in trading volume and open interest in futures, but not all traders profited, with one high-profile whale losing $207,000 in just one hour. Interest in memecoins is waning.
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Bitcoin, XRP drive $644 million inflow, ending 5 weeks crypto ETP outflow streak
CoinShares’ latest report shows that crypto-related exchange-traded products (ETPs) saw a strong weekly inflow of $644 million, breaking a five-week outflow streak. Bitcoin led the recovery, with $724 million in fresh capital, while XRP also saw significant inflows. Ethereum, however, faced the sharpest decline with $86 million in outflows.
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US Senator submits proposal to end the FED while White House advances Bitcoin reserve buying
President Trump’s recent comments on the Federal Reserve and Senator Mike Lee’s proposal to abolish the central bank could impact Bitcoin’s role in the financial system. Trump urges rate cuts and increased oversight, while Lee advocates for abolition. The administration also plans to establish a Strategic Bitcoin Reserve, potentially reshaping monetary policy.
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Metaplanet ramps up Bitcoin strategy with latest purchase, trading volume beats Toyota
Japan-based Bitcoin investment firm Metaplanet has achieved a record-breaking daily trading volume of ¥50.4 billion after acquiring more Bitcoin. This places the company 13th among Japanese firms in trading activity, surpassing Toyota. CEO Michael Gerovich confirmed the milestone, reflecting rising investor confidence. Metaplanet’s stock has risen over 7% in a day and 41% since the…
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The key to balancing innovation and trust in AI policy
Felix Xu discusses the shift in the U.S. government’s approach to AI, focusing on innovation over regulation. Verifiable AI provides transparency and accountability in AI systems, ensuring trust and reliability without stifling innovation. This technology, utilizing cryptographic techniques, allows for decentralized and privacy-preserving validation of AI outputs, crucial for industries like finance and healthcare.
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Bitcoin’s slowness is a feature, not a bug
The guest post by Brendon Sedo discusses how Bitcoin’s slowness is essential for its security and decentralization. Attempts to increase transaction speed have led to conflicts within the community. The focus should be on leveraging Bitcoin’s security while building innovative applications around its core. This approach will ensure long-term success and durability in the crypto…
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Solana has become a breeding ground for pump and dump memecoin ‘cabals’: Bloomberg
The memecoin craze on the Solana blockchain has attracted high-profile individuals like Donald Trump and Melania Trump, leading to rapid growth but also insider advantage. Memecoins like Bonk, Libra, and Trump’s have depreciated significantly, causing losses for retail investors. Cabals manipulate prices through pump-and-dump schemes, exploiting investors. Retail investors should be cautious with memecoins.
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Japan’s Open House to accept DOGE, SOL and XRP for real estate amid friendlier regulatory climate
Open House Group, a major real estate company in Japan, now accepts XRP, SOL, and DOGE as payment options in addition to Bitcoin and Ethereum. This move reflects a growing trend of crypto adoption in the country’s property sector. Japan’s regulatory environment is also evolving to support crypto usage, potentially encouraging more businesses to follow…