The post Polymarket Taps MoonPay for Crypto Payments Amid Election Rush appeared on BitcoinEthereumNews.com. Polymarket,  a cryptocurrency betting platform, has chosen software from Miami-based MoonPay to allow users to create transactions via bank transfers and credit cards. This step is associated with the highly turbulent US presidential election that has stimulated the increased betting activity […]

The post Nigeria wants to train its citizens on blockchain and AI appeared on BitcoinEthereumNews.com. Nigeria’s Vice President Kashim Shettima just announced the launch of a new initiative in Jigawa called the AI Expertise Blockchain and Technology Training and Outsourcing Initiative. He said the plan is to make Nigeria a leader in digital tech across […]

The post Chinese E-commerce Giant JD to Issue First HKD Stablecoin on Public Blockchain appeared on BitcoinEthereumNews.com. Coinspeaker Chinese E-commerce Giant JD to Issue First HKD Stablecoin on Public Blockchain JD.com, one of China’s largest e-commerce groups, has announced plans to issue the first-ever stablecoin pegged 1:1 to the Hong Kong Dollar (HKD) on a […]

The post Extremely Low Odds on Polymarket for Kamala Harris’s Bitcoin 2024 Attendance appeared on BitcoinEthereumNews.com. Rumors about U.S. Vice President Kamala Harris possibly attending the Bitcoin 2024 conference in Nashville have garnered substantial attention. Alongside the speculation, a Polymarket bet estimates Harris’s odds of attending at roughly 8%. **Editor’s Note: This article has been […]

The post Solana ETFs Next in Line As ETH ETF Debut, Here’s How the Future Looks Like appeared on BitcoinEthereumNews.com. Franklin Templeton eyes the launch of the Solana ETF to augment its exposure to digital assets. The firm made this revelation at the launch of its second-spot cryptocurrency ETF, the Franklin Ethereum ETF (EZET). The […]

The post What is The Way Out? appeared on BitcoinEthereumNews.com. Bitcoin is the check and balance on deficit spending that can prolong Western civilization. America’s debt situation is critical at $175 trillion. The Western world is headed for a sovereign debt crisis far worse than 2008. Coinbase CEO Brian Armstrong believes Bitcoin can serve as […]

The post Google’s Parent Firm Increases AI Spending in Q2 2024 appeared on BitcoinEthereumNews.com. TLDR Alphabet’s Q2 2024 profit increased 28.6% year-over-year to $23.6 billion Revenue rose 13.6% to $84.74 billion, beating analyst estimates AI initiatives are driving growth, especially in cloud services Losses from AI research nearly doubled to $2.3 billion Google CEO highlighted […]

The post Chipotle Mexican Grill (CMG) Q2 2024 earnings appeared on BitcoinEthereumNews.com. A Chipotle restaurant in New York on July 3, 2023. Jeenah Moon | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as it saw higher traffic at its restaurants, bucking an industry slowdown. […]

The pioneer cryptocurrency Bitcoin witnessed a shy slowdown in bullish momentum this week resulting in a price drop from $68460 to $65450. Other than an occasional market pullback, this 4.4% drop can be attributed to BTC distribution to creditors by bankrupted crypto exchange Mt. Gox. However, the broader trend remains bullish as Bitcoin continues to […]

The post $484 Million Outflow from Grayscale’s Ethereum Trust on ETF Launch Day appeared on BitcoinEthereumNews.com. TLDR Grayscale’s Ethereum ETF (ETHE) saw $484 million in outflows on its first day of trading. BlackRock’s Ethereum ETF (ETHA) led with $265 million in inflows. The total trading volume for Ethereum ETFs on day one was $1 billion. […]