Consumers are becoming slightly less sceptical about bitcoin, according to a Deutsche Bank survey, although just under a third of those questioned still expect its price to drop sharply by the end of 2024, reports Reuters. Although people have poured billions of dollars into bitcoin, hoping for returns if its price rises, top regulators have […]
Ripple has entered the lucrative stablecoin market, valued at $150 billion, by introducing its own digital currency pegged to the US dollar, reports UnlockBC. This stablecoin will maintain a 1-to-1 backing with assets such as US dollar deposits, US government bonds, and cash equivalents held in reserve by Ripple. The company has committed to providing […]
Bitcoin Cash spikes 10% post halving
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Bitcoin Cash (BCH) has surged 10% after completing its reward halving event, becoming one of the few gainers in an otherwise tepid market as bitcoin (BTC) – whose own halving occurs later this month – remained little changed over 24 hours, reports Coindesk. BCH changed hands at $660 in European morning hours, a price level […]
Global electricity demand from data centres, cryptocurrencies, and artificial intelligence (AI) could more than double over the next three years, adding the equivalent of Germany’s entire power needs, the International Energy Agency forecasts in its latest report. A Bloomberg article reports there are more than 8,000 data centers globally, with about 33% in the US, […]
Bitcoin ETFs win SEC approval
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US regulators have approved bitcoin ETFs, dramatically broadening access to the 15-year-old cryptocurrency, reports CoinDesk. The Securities and Exchange Commission on Wednesday declared effective key filings from the markets seeking to list the groundbreaking products. They will begin trading on Thursday (11/01/2024). About a dozen companies, including BlackRock, Fidelity and Grayscale, sought to create bitcoin […]
Date and time: Wed, 27 Sep 2023 19:00 – 21:00 IST Location: Dogpatch Labs, Custom House Quay Dublin 1 This after-work event seeks to present informed and engaging perspectives from key actors and influencers in the crypto and defi realm. Come for expert knowledge sharing and networking in the blockchain #Startups and Web3 ecosystem. Guest […]
Bitcoin Is not crypto, SEC confirms
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Talk to a bitcoin maximalist – someone who believes that bitcoin is the only digital asset with innate value – and, more likely than not, they’ll tell you the world’s oldest cryptocurrency is, in fact, ‘not crypto’ at all, writes Forbes. The refrain can be confusing: clearly, bitcoin pioneered the use of cryptography – an […]
Curious about blockchain? Want to upskill and elevate yourself? We’ve curated a list of full-time and part-time blockchain courses in Ireland, so you can make the most of your summer by exploring your options and preparing for your learning journey. * Technology Ireland ICT Skillnet:– Postgraduate Certificate in Blockchain for Leaders – Certificate in Emerging Digital Technologies – MSc in […]
In anticipation of the meeting of the G20 finance ministers and central bank governors, the Bank for International Settlements Innovation Hub (BISIH) released two significant reports on cryptocurrency and central bank digital currencies (CBDCs) on 11 July. These reports present divergent perspectives on the technologies involved, reports MSN. The shorter of the two reports, spanning […]