The hashrate of Bitcoin, which refers to the computing power of the network, may finally slow down as miners face scorching summer heatwaves. This seasonal phenomenon has been observed in the past two summers, resulting in lower hashrate and a decline in the difficulty of mining a Bitcoin block . Miners, particularly those located in the United States, may be forced to curtail their operations due to the hot weather, which could suppress hashrate growth
the Bitcoin network has surpassed the Ronin blockchain in all-time non-fungible token (NFT) sales, moving up to the third spot in the rankings . In the last 30 days, Bitcoin-based NFTs recorded a sales volume of $148 million, contributing to its rise in the rankings . The total all-time sales volume for Bitcoin-based NFTs reached $4,271,928,280, surpassing Ronin's previous record of $4,271,675,550
A grassroots movement is an organized effort undertaken by groups of individuals in a given geographic area to bring about changes in social policy or influence an outcome, often of a political issue. These movements use collective action from the local level to implement change at the local, regional, national, or international levels
Hashdex, a Brazil-based investment manager, has filed with the United States Securities and Exchange Commission (SEC) to create a combined spot Bitcoin (BTC) and Ether (ETH) exchange-traded fund (ETF) on the Nasdaq exchange . This ETF would be the first of its kind if approved . The proposed ETF would be market cap-weighted and would exclude "crypto securities, tokenized assets, or stablecoins," focusing solely on Bitcoin and Ethereum investments
Boeing Starliner's return to Earth from the International Space Station (ISS) with its first crew of astronauts has been pushed back to June 26, 2024. The delay was announced by a NASA official on Tuesday, June 18, 2024
including CNN Politics and ABC7 New York, New York's highest court has declined to hear Donald Trump's appeal on the gag order in his hush money case. The gag order, issued by Judge Juan Merchan in the criminal case against Trump, remains in effect
Uphold, a crypto exchange headquartered in New York and a Ripple On-Demand Liquidity (ODL) partner, has announced plans to remove support for multiple stablecoins. The affected stablecoins include Tether (USDT), Dai (DAI), and Frax Protocol (FRAX). This move is in anticipation of the forthcoming Markets in Crypto Assets (MiCA) regulations set to take effect in the European Economic Area (EEA) on June 30, 2024
The CatsMe! app utilizes artificial intelligence to detect when a cat is in pain, reducing the need for stressful vet visits. It was launched in Japan in May 2023 and has gained over 230,000 users since then
. The app analyzes facial expressions of cats to determine if they are in pain, with an accuracy rate of over 95%
IBM has partnered with the National Institute of Advanced Industrial Science and Technology in Japan to develop next-generation quantum computers . The goal of this collaboration is to create a quantum computer with 10,000 quantum bits, or qubits, which would be 75 times more than current quantum computers have
NiceHash, a leading Bitcoin hashing power marketplace, has partnered with Marathon Digital Holdings to launch custom firmware for ASIC miners on its platform. The collaboration aims to enhance the efficiency and revenue of Bitcoin miners by leveraging Marathon's advanced technology
The Cybersecurity and Infrastructure Security Agency (CISA) has issued a warning about a surge in impersonation scams targeting crypto investors. These scams often involve individuals impersonating government employees and using their names and titles to deceive victims
The Bitcoin Voter Project is a nonprofit organization that aims to educate voters on Bitcoin and its impact on financial freedom, wealth preservation, and global energy breakthroughs . One of the board members of the Bitcoin Voter Project described the group as nonpartisan and stated that they planned to take a different approach than initiatives like Stand With Crypto
Deutsche Telekom, the telecommunications firm behind T-Mobile, has announced its plans to start mining Bitcoin (BTC) at the BTC Prague event. This move is an expansion of the company's ongoing crypto-based activities, as it has been operating a Bitcoin node since 2023 and currently runs Bitcoin Lightning Network nodes
El Salvador's pro-Bitcoin president, Nayib Bukele, is proposing the establishment of private investment banks within the nation. If approved, these banks would offer Bitcoin (BTC) investors access to financial services with fewer restrictions compared to traditional banks . The proposed Bank for Private Investment aims to diversify the financing options available to investors in both dollars and Bitcoin
The Australian Securities Exchange (ASX) has approved its first spot Bitcoin exchange-traded fund (ETF), which is set to begin trading on June 20, 2024 . The ETF, known as the VanEck Bitcoin ETF (VBTC), will be issued by investment firm VanEck . This approval marks a significant milestone in Australia's cryptocurrency market and provides Australian investors with direct exposure to the price of Bitcoin through a regulated framework
Deutsche Telekom, the telecommunications firm behind T-Mobile, has announced its plans to start mining Bitcoin (BTC) at the BTC Prague event. This move expands upon the company's ongoing crypto-based activities, as it has been operating a Bitcoin node since 2023 and currently runs Bitcoin Lightning Network nodes
The European Commission has selected Iota's Web3 Identification solution for its European Blockchain Sandbox initiative. This initiative, launched in 2023, aims to provide a controlled testing environment for innovative distributed ledger technology (DLT) use cases. Each year, no more than 20 projects are selected to participate
Bitcoin, the flagship cryptocurrency, has recently fallen to its lowest level in 30 days, reaching $65,057 amidst market uncertainties . This decline has sparked debates about Bitcoin's price prediction, with investors questioning whether it is a temporary setback or a sign of deeper trouble ahead
Turkey is set to implement a major fiscal overhaul that includes a 0.03% transaction tax on cryptocurrency trading. The new taxation is aimed at addressing the country's budget deficit, which has been exacerbated by the 2023 earthquakes. The proposed tax reforms are expected to generate substantial revenue and mark the largest change to Turkey's tax system in decades
Notes by mardiman | export