Sunday, September 8, 2024

Crypto

Sub $50K Bitcoin correction remains in play as whales look to sell BTC

Bitcoin could experience more downward pressure leading up to the Sept. 18 US interest rate cut, but will it fall below $50,000 this weekend? Source link

Rare Ape CryptoPunk sells for $1.5M amid market downturn

CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value. Source link

ZachXBT criticizes block explorers on L1 chains, calls for overhaul

ZachXBT identifies gaps in block explorer quality across several L1 blockchains, urging significant improvements. Source link

Sui blockchain taps radio waves to bank the offline unbanked

Sui blockchain innovates with alternative methods, like radio waves, to enable offline crypto transactions for unbanked communities, even those without internet access. Source link

Elon Musk’s xAI Colossus goes online — and it really is colossal 

Elon Musk’s xAI launched Colossus, now the most powerful AI training system, setting a new benchmark in the AI race with a 100k H100 training cluster that will soon double in size. Source link

Binance exec’s trial brought forward despite no access to legal counsel 

Amid multiple alleged money laundering charges, the Nigerian government claims that Binance was responsible for the decline of its naira currency. Source link

Are Vitalik Buterin's $10M Ethereum sales bad news for ETH bulls?

Buterin's recent transfer of 1,100 ETH to exchanges coincides with the Ethereum Foundation's Ether sales worth over $200 million. Source link

Vitalik Buterin denies selling Ether for profit

Ethereum co-founder Vitalik Buterin addresses allegations of profiting from ETH sales, emphasizing his long-term support for Web3 projects and charities. Source link

Former Square, Coinbase execs raise $58M for Bridge stablecoin network

Bridge seeks to build a global stablecoin payment network to rival traditional systems like Swift and credit cards. Source link

Bitcoin whale buys 1K BTC as 'insane' Binance selling sees sub-$58K low

Bitcoin whales jump at the chance to buy cheap BTC with spot sellers showing knee-jerk reactions in a choppy trading environment. Source link
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