Crypto News

Riot Platforms Acquires 16.9% Stake in Bitfarms Ltd.

Riot Platforms, Inc. reports a significant stake increase to 16.9% in Bitfarms Ltd., aiming to influence the company's board composition. (Read More)Source link

Polymarket Bets Big on Josh Shapiro: Is He Kamala Harris’s Secret VP Pick for 2024?

Based on Polymarket predictions, Pennsylvania Governor Josh Shapiro is currently favored to be Kamala Harris’s Vice Presidential pick for her 2024 U.S. presidential campaign. Polymarket participants currently give Shapiro a 72% likelihood of being chosen as the running mate. Betting Markets Show Josh Shapiro Poised to Be Kamala Harris’s VP As of now, Kamala HarrisSource link

Bitcoin Could Drop Below $50,000 If US Economy Sours: 10x Research

Amid signs that the U.S. economy is weaker than expected, Bitcoin could face an even larger selloff ahead. Here's why, according to 10x Research.Source link

As Trump Stumps Against CBDC, Fed Chair Says ‘Nothing New’ With Digital Dollar

While the Federal Reserve has no plans to issue a CBDC or digital dollar, the possibility of one has persisted as a conservative talking point.Source link

Ethiopian Premier Defends Currency Float Decision, Rejects Devaluation Claims

The Ethiopian Prime Minister, Abiy Ahmed, has defended the decision to float the birr and insisted that this move does not amount to the devaluation of the currency. Ahmed stated that the intention is to unify the official and parallel market exchange rates. Reports suggest that Ethiopia’s decision to float the birr was promptly rewardedSource link