The Republican Party has integrated cryptocurrency issues into its 2024 platform titled “Make America Great Again.” The document outlines the party’s intention to “end Democrats’ unlawful and unAmerican crypto crackdown” on law-abiding citizens. Republican Party Integrates Cryptocurrency Into 2024 Platform As the 2024 U.S. general election nears, cryptocurrency and blockchain topics have become significant policy […]
$50K to $100K — 9 AI Chatbots Predict Bitcoin Prices for Year-End 2024
At the end of April, Bitcoin.com News queried seven artificial intelligence (AI)-based chatbots about their year-end bitcoin (BTC) price predictions. A significant number of these generative AI chatbots offered optimistic forecasts, suggesting bitcoin could reach $ 80,000 or even surpass $ 100,000, according to Openai’s Chatgpt 3.5. We repeated the test with a …
Bitcoin Network Sees Second Largest Difficulty Reduction of 2024
On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%, falling from 83.67 trillion to 79.5 trillion. Second Major Difficulty Reduction of the Year Hits Bitcoin Network Bitcoin’s mining difficulty dropped by 5% this week at block height 850,752 on July 4. This […]
2024 Election Bets Propel Polymarket to $111 Million in June Volume
According to metrics, the prediction market Polymarket has experienced notable volume over the past few weeks, with the firm reporting it accrued over $ 100 million in June and $ 8.2 million on the day the 2024 presidential candidates Donald Trump and Joe Biden debated on stage. The Rising Influence of the Prediction …
Crypto Theft Surge: Hackers Steal $1.38 Billion in First Half of 2024, Doubling 2023 Figures
A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to 2023, with $ 1.38 billion stolen by June 24. Major hacks constitute 70% of losses, with private key compromises and smart contract exploits as top attack vectors. Crypto projects are advised to …