The post Bitcoin Bear Peter Schiff Predicts BTC ETF Selloff To Overwhelm Spot Market appeared on BitcoinEthereumNews.com. Peter Schiff on Monday criticized the orange crypto for its price volatility and predicted that Bitcoin ETF markets would crash the on-chain BTC market even further. The founder and chief economist, and global strategist for Euro Pacific Capital […]
NVIDIA faces scrutiny over alleged unlicensed data scraping for AI models
The post NVIDIA faces scrutiny over alleged unlicensed data scraping for AI models appeared on BitcoinEthereumNews.com. Leaked documents obtained by 404 Media suggest NVIDIA engaged in unlicensed data scraping, using movie and game footage from across the internet to train its artificial intelligence products. The leaked documents reveal that they were trying to download full […]
Justin Sun pledges to create $1b fund to ‘combat FUD’ after facing $280m in losses
The post Justin Sun pledges to create $1b fund to ‘combat FUD’ after facing $280m in losses appeared on BitcoinEthereumNews.com. TRON’s founder Justin Sun appears unfazed by his nearly $300 million losses, having pledged $1 billion to combat FUD. Justin Sun, founder of the TRON ecosystem, has announced the creation of a $1 billion fund […]
BNB Chain network booms – So why does the altcoin continue to struggle?
The post BNB Chain network booms – So why does the altcoin continue to struggle? appeared on BitcoinEthereumNews.com. BNB Chain has seen incredible network traction, hitting 463.7M unique addresses. Overall, weak sentiment could drag BNB to $500 or below. The Binance [BNB] chain has maintained the lead on key network growth, ranking first on total […]
Bitcoin Falls Amid Global Crash; Can Bulls Hold $52k Level?
The post Bitcoin Falls Amid Global Crash; Can Bulls Hold $52k Level? appeared on BitcoinEthereumNews.com. The dominant asset in the cryptocurrency market, Bitcoin (BTC), has experienced an unexpected and sharp decline, hitting levels not seen in months. At the moment, BTC exchanged hands at $50,899, marking a 16.40% dip over the last 24 hours. BTC/USD […]
Lightspeed Newsletter: Solana-based mineral rights platform scores funding
The post Lightspeed Newsletter: Solana-based mineral rights platform scores funding appeared on BitcoinEthereumNews.com. Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Howdy! August 5, already! July was a blip. Time to get serious about finishing that summer bucket list. There are only so […]
Why could the crypto Solana and other ETFs face difficulties?
The post Why could the crypto Solana and other ETFs face difficulties? appeared on BitcoinEthereumNews.com. Crypto news: Katalin Tischhauser of Sygnum Bank has expressed doubts regarding the spot ETFs of Solana and Cardano, aligning with other experts, while VanEck maintains a more optimistic view on the subject. Let’s see all the details below. Katalin Tischhauser: […]
DePIN and Machine Data Can Change Web3
The post DePIN and Machine Data Can Change Web3 appeared on BitcoinEthereumNews.com. Tokenizing machine data and bringing it on-chain is the next logical step in the evolution of DePIN. Imagine a data pool with machine data from public EV charging stations, each collecting data on charging power, the battery level of the EVs in the […]
The RBA is seen on hold, while a Fed’s rate cut gathers pace
The post The RBA is seen on hold, while a Fed’s rate cut gathers pace appeared on BitcoinEthereumNews.com. The Greenback flirted with YTD lows near the 102.00 region amidst an intense sell-off in the global markets following reignited concerns over the likelihood that the US economy might tip into recession. While the RBA is expected […]
US Senators Urged to Support Bitcoin Act as Over 2,200 Letters Sent in Campaign
The post US Senators Urged to Support Bitcoin Act as Over 2,200 Letters Sent in Campaign appeared on BitcoinEthereumNews.com. The US has been receiving increasing calls to reinforce its financial future through legislative support for Bitcoin. Senator Cynthia Lummis has proposed the BITCOIN Act of 2024 to position Bitcoin as a strategic reserve asset. This […]