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Bitcoin.com News

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  • Ledger to Phase out Nano S Model, Urges Users to Upgrade Per a recent developer update from Ledger, the hardware wallet maker is gradually retiring support for the Ledger Nano S. The company advises users to upgrade to a newer model, citing upcoming shifts in blockchain protocols that could render the device obsolete over time. Ledger Plans to Discontinue Nano S Support After Nine-Year Run Ledger, the maker of crypto hardware wallets, is winding down its Nano S line and urging users to prepare for a switch to modern alternatives. Though not its debut product, the Nano S gained widespread popularity after its 2016 launch, marking Ledger’s first big hit in the consumer wallet market. “Ledger is transitioning away from the Ledger Nano S,” the company’s Spring 2025 update notes. “As a result, new applications, feature submissions, and app updates on the Nano S will not be accepted. We recommend you begin planning for this transition now to ensure continuity for the users by warning your community that support of your blockchain app/wallet/service on the Nano S is not guaranteed.” Ledger to Phase out Nano S Model, Urges Users to Upgrade Ledger also confirmed it has stopped manufacturing the Nano S and suggests users and developers move to its other models like the Nano S Plus or Nano X. When the announcement hit social media, it didn’t take long for a wave of frustration to ripple through the user base. “Very uncool Ledger – you effectively force anyone to buy and enter the seed into a new device,” one user wrote on X. Another individual said they were hoping someone would release open-source software to keep the Ledger Nano S functional since it’s their preferred low-effort cold wallet option. As the Nano S era winds down, the shift signals more than just a product phaseout—it’s a nudge toward evolving security standards in a rapidly advancing space. Whether through open-source efforts or newer models, Ledger Nano S users now face a choice.
  • Lightchain AI Ramps Up Development on Decentralized Inference, Rewards, and Federated Training Systems. June 2025 – Lightchain AI, the pioneering Layer-1 protocol fusing blockchain infrastructure with decentralized artificial intelligence, has announced the development of several new components aimed at scaling its vision of on-chain AI services. As Lightchain AI approaches its highly anticipated mainnet launch, the core team is actively building and testing systems that will enable real-time, decentralized AI interactions while empowering users to contribute compute and earn rewards—all in a fully permissionless environment. Among the most notable systems in active development: Chat AI Inference Integration The team is finalizing a robust on-chain inference module that will allow users to submit and receive AI queries directly from the Lightchain dashboard. Powered by Lightchain’s AI Virtual Machine (AIVM), this module enables smart contract-verified inference jobs that are processed in a decentralized network—ushering in a new era of open, uncensorable AI utilities. Reward Mechanism for Compute Providers To support this decentralized AI backbone, Lightchain AI is implementing an autonomous payment system that rewards GPU operators for successfully completing inference tasks. Rewards will be paid in LCAI tokens, ensuring compute providers are compensated fairly and transparently. Federated Learning Contribution Client Lightchain AI is also building a standalone federated learning client that will allow anyone with idle GPU power to contribute to training the global Lightchain model. Contributors will help improve AI performance while earning tokenized rewards for their efforts—decentralizing not just inference, but AI training itself. Validator & Node SDK Kit To expand the Lightchain ecosystem and support developers and node operators, an SDK is being rolled out with complete tooling for validators, node setup, and AI integration. This kit will streamline onboarding and provide access to Lightchain’s AI-native protocol infrastructure. These developments underscore Lightchain AI’s mission to build a trustless, censorship-resistant AI platform at the infrastructure level—one where inference, training, and rewards are all executed through blockchain-native mechanisms. “This is about reimagining what AI looks like when it’s embedded into the chain itself, not just bolted on,” said a core contributor at Lightchain AI. “We’re building a network where AI is decentralized by design, and where anyone can participate in powering the next wave of intelligence.” The Lightchain AI presale remains active with bonus rewards available in the final round. Early supporters can still join the decentralized AI revolution and secure their stake in what many are calling the most forward-thinking project in Web3 and machine intelligence.
  • Crypto ETFs Stay Green: Bitcoin and Ether ETFs Record Solid Weekly Inflows Amid Market Bitcoin ETFs closed the week with an impressive $1.02 billion net inflow, extending their bullish streak, while ether ETFs notched their sixth straight week of inflows, adding $40.24 million. The crypto exchange-traded fund (ETF) market wrapped up the third week of June on a resoundingly positive note as both bitcoin and ether funds posted net inflows, reflecting growing investor confidence amid a steady market environment. Bitcoin ETFs led the charge with a net inflow of $1.02 billion for the week, marking their second consecutive week of inflows above $1 billion. The standout moment came on Monday, June 16, with a hefty $412.2 million net inflow, setting the tone for an all-green trading week. Leading the pack once again was Blackrock’s IBIT, securing a remarkable $1.23 billion inflow. Other gainers included Bitwise’s BITB ($29.85 million), Grayscale’s Bitcoin Mini Trust ($14.93 million), and Hashdex’s DEFI fund ($1.17 million). Meanwhile, Ark 21Shares’ ARKB disappointed with a $187.79 million outflow, while Fidelity’s FBTC and Grayscale’s GBTC saw $61.66 million and $3.15 million outflows, respectively. Ether ETFs also extended their bullish run with a net inflow of $40.24 million, making this their 6th consecutive positive week. Blackrock’s ETHA topped the list with $48.19 million in net inflows, followed by Grayscale’s Ether Mini Trust ($10.59 million), Bitwise’s ETHW ($3.62 million), and Vaneck’s ETHV ($1.77 million). ETF Weekly Recap: Bitcoin ETFs Post $1.02 Billion Net Inflow for the Week Source: Sosovalue Notably, Grayscale’s ETHE and Fidelity’s FETH struggled with weekly outflows of $9.02 million and $14.91 million, respectively. Trading volumes remained robust for both bitcoin and ether ETFs as total net assets across the board held firm. The persistent inflow streak underscores market optimism, with institutional interest showing no signs of slowing in mid-June.
  • Iran’s retaliatory strike on a U.S. base in Qatar, viewed as de-escalatory by markets, triggering a 6% oil price drop, Bitcoin rebounding to $103K, and modest stock gains
  • Everything Blockchain Commits $10M to Multi-Token Crypto Treasury Including SOL, XRP, SUI, TAO and HYPE Everything Blockchain Inc. unveils a $10 million crypto treasury initiative targeting SOL, XRP, SUI, TAO, and HYPE, marking the first U.S. public company to pursue a diversified, staking-based blockchain investment strategy with potential shareholder dividends. Multi-Token Crypto Treasury Plan by EBZT Comes With Potential Shareholder Dividends Everything Blockchain Inc. (OTC: EBZT) has revealed plans to invest $10 million into 5 rapidly expanding blockchain networks: Solana (SOL), Ripple (XRP), Sui (SUI), Bittensor (TAO), and Hyperliquid (HYPE). This move positions EBZT as the first U.S. publicly traded company to build a diversified, staking-focused crypto treasury designed to capture yield and future institutional interest. According to the press release, the strategy reflects growing market demand for crypto-backed equity plays. However, EBZT’s model is unique, offering retail investors early access to high-growth blockchain networks while capturing staking rewards. “While bitcoin grabbed headlines, the real money is flowing into the blockchain networks powering tomorrow’s financial infrastructure. EBZT shareholders are getting front-row seats to the biggest institutional crypto shift since bitcoin ETFs launched,” said CEO Arthur Rozenberg. Estimated annual staking yields could generate $1 million in rewards, with potential dividends flowing directly to shareholders, making EBZT the first public company to propose such a crypto-driven payout model. The $36 billion global staking market remains underexplored by public companies, leaving EBZT with a potential first-mover advantage. The firm also plans a Nasdaq uplisting to attract institutional capital before competitors crowd the space.
  • Bitcoin Seesaws After Fed Governor Waller Hints at a July Rate Cut Waller made the comments on Friday during an interview with CNBC, just two days after the Federal Reserve voted to keep rates unchanged for the fourth time in a row. Waller’s Dovish Comments Lift Bitcoin, But Only Temporarily Perhaps U.S. President Donald Trump’s incessant name-calling has finally taken effect after Federal Reserve Governor Christopher Waller hinted at an interest rate cut “as early as July” during a CNBC interview on Friday. Crypto and stock markets initially jumped on the news, with bitcoin climbing past $106K, but the cryptocurrency has since retreated to $104K at the time of reporting. Markets were mixed, with the Dow up 0.16% and the S&P 500 and Nasdaq both down 0.26% and 0.64% respectively. Crypto markets didn’t fare much better, initially inching up 0.47% before shedding 0.13% at the time of writing. Bitcoin Seesaws After Fed Governor Waller Hints at a July Rate Cut (Federal Reserve Chairman Jerome Powell has been the target of vicious name-calling by U.S. President Donald Trump / Donald Trump on Truth Social) Trump has poked fun at Federal Reserve Chairman Jerome Powell for weeks on end, calling him a “numbskull,” “dumb,” and “stupid” for not cutting rates. The president has even concocted a nickname, “Too Late,” a reference to Trump’s assertion that Powell is dragging his feet and not lowering rates quickly enough. But now, the president may finally see the rate cut he’s been calling for as soon as next month, at least according to Waller. “I think we’re in the position that we could do this and as early as July,” Waller said, referring to a potential rate cut. “That would be my view, whether the committee would go along with it or not.” Overview of Market Metrics Bitcoin is currently hovering around $104,294.98 and has been trading between $103,932.09 and $106,539.38 over the past 24 hours. The current price represents a marginal 0.05% dip on the day and a 1.22% decline over the past week. Bitcoin Seesaws After Fed Governor Waller Hints at a July Rate Cut ( BTC price / Trading View) Trading volume edged up by 1.54% to $42.65 billion, indicating continued interest from market participants. Bitcoin’s total market capitalization fell slightly to $2.07 trillion, down 0.06% from the previous day. Despite the choppy performance, BTC dominance saw a small uptick to 64.94%, suggesting modest outflows from altcoins. Bitcoin Seesaws After Fed Governor Waller Hints at a July Rate Cut ( BTC dominance / Trading View) Meanwhile, BTC futures open interest climbed 0.90% to $70.09 billion, which could mean increased speculation in derivatives markets. Liquidations paint a picture of overzealous bulls whose long positions got wiped out to the tune of $40.03 million over the past 24 hours. $22.61 million in shorts was also liquidated, resulting in $62.64 million in total liquidations since yesterday.
  • Unlicensed Crypto Activity in Jordan Could Soon Carry Jail Time Jordan’s new digital asset trading legislation will come into force 90 days following its publication in the official gazette. Central Bank Digital Currency Not Covered by New Law Jordan’s digital asset trading law is set to become effective in 90 days following the publication of the Virtual Currency Trading Law of 2025 in the official gazette. Once effective, the law will regulate virtual asset-related activities conducted within Jordan or carried out on behalf of third parties. The law, however, does not cover digital securities and financial assets regulated by the Securities Commission or digital currency issued by the Central Bank of Jordan. As explained in a statement, the Jordanian Cabinet can still subject other digital representations of value to the provisions of the law and consider them investment instruments. The law meanwhile clarifies that only entities licensed by the commission will be permitted to conduct operations in the kingdom. “The law prohibits individuals or entities from conducting or promoting virtual asset activities within the kingdom unless licensed by the Securities Commission. Activities are considered within the kingdom if the service provider is established or has a business presence in Jordan or markets its services to Jordanian clients,” the statement explains. Under the new law, the Securities Commission will be entrusted with licensing, monitoring and supervising virtual asset service providers. It is expected to ensure their compliance with relevant anti-money laundering and counter-terrorism finance regulations. The law will also allow the Central Bank to authorize the use of virtual assets for payment purposes, provided specific regulations are followed. Additionally, the Central Bank will oversee financial institutions involved in certain virtual asset activities, but only after granting prior approval. Meanwhile, individuals found to be in violation of the provisions face imprisonment of not less than one year and a fine ranging between $70,500 and $141,000. The law also empowers Jordanian authorities to shut down unlicensed entities.
  • These Top Meme Coins Are Exploding - 3 High-Potential Picks Before Dogecoin Price Hits $1 According to Neo Pepe. Dogecoin might have kicked off the meme coin frenzy, but as the crypto landscape continues evolving into 2025, its growth trajectory significantly pales in comparison to newer meme tokens featuring compelling fundamentals, vibrant community engagement, and tangible real-world utilities. While DOGE continues its prolonged struggle to surpass the elusive $1 barrier, an exciting new wave of meme coins—led prominently by Neo Pepe Coin ($NEOP)—is quickly gaining investor attention, driving fresh excitement in the crypto market. Neo Pepe Coin’s robust and secure presale infrastructure, combined with its fully DAO-controlled treasury, is rapidly attracting significant early-stage investments, already surpassing $1.3 million and progressing into stage 4 of its presale. Fuelled not only by strong cultural resonance but also by unmatched structural transparency, Neo Pepe Coin exemplifies the cutting-edge meme coin generation that savvy investors are closely monitoring. These tokens provide extraordinary growth potential, presenting investors with the rare opportunity to transform modest investments into substantial returns. Dogecoin Losing Ground to Innovative Meme Coins Dogecoin initially captivated the crypto community with its viral meme status and novelty charm. However, in the fast-paced crypto market of 2025, nostalgia alone cannot sustain market value. Slow technological advancements, limited practical utility, and increasingly centralized governance have led DOGE to fall significantly behind innovative meme coin alternatives tailored to meet contemporary investor demands. Today’s crypto investors seek projects that combine adaptive tokenomics, transparent governance structures, robust incentive mechanisms, and agile responsiveness—features Dogecoin notably lacks. The crypto community is swiftly gravitating toward meme tokens that deliver advanced functionalities such as decentralized autonomous organization (DAO) governance, deflationary mechanisms, and sophisticated smart contract safety. DOGE, while iconic, simply cannot match the innovation and adaptive capabilities showcased by these emerging meme tokens, poised for dramatic growth. 3 Top Meme Coins Set to Skyrocket Before DOGE Hits $1 Dogecoin’s ongoing struggle to break past the $1 mark has opened up opportunities for newer meme coins with clearer and more credible growth trajectories. Here are three leading contenders: Neo Pepe Coin ($NEOP) – Renowned for its sophisticated DAO-powered treasury, structured presale model, and deflationary tokenomics, $NEOP rapidly stands out as an investment leader due to its unparalleled governance innovation. Dogwifhat (WIF) – With robust social media backing and community enthusiasm, Dogwifhat continues capturing significant speculative attention, offering investors appealing community-driven value. Pepe ( PEPE) – Though notably volatile, Pepe maintains significant market interest through its engaging branding, memetic legacy, and widespread speculative appeal. These meme tokens offer distinct yet powerful strategies—from decentralized governance and community-driven growth to viral social momentum—positioning them for immense potential returns long before DOGE finally achieves its elusive $1 valuation. Neo Pepe Coin’s High-Growth Presale Opportunity Neo Pepe Coin offers investors a meticulously structured and strategically executed presale model, thoughtfully segmented across multiple stages featuring progressively higher pricing to incentivize early participation and maximize investor returns. Its fully transparent DAO-led governance ensures community-driven decision-making at every stage, safeguarding the protocol from centralized interference, building unwavering trust among new and experienced investors alike. Further enhancing its attractiveness, Neo Pepe Coin employs a capped token supply and a time-locked treasury mechanism, reinforcing its steadfast commitment to decentralization. These distinctive features make Neo Pepe Coin a compelling investment option for those eager to secure an early stake before broader market enthusiasm significantly elevates token values. Unmasking NeoPepe: The Meme Coin with a Mission Token Empire Reveals Neo Pepe’s Hidden Superpowers In a must-watch analysis, crypto YouTuber Token Empire dives deep into the buzzworthy presale of Neo Pepe, uncovering impressive strengths and key selling points that set it apart. They enthusiastically highlight Neo Pepe’s innovative multi-stage presale system, revolutionary auto-liquidity mechanism, and robust, community-driven governance model as standout features shaping its early hype. Token Empire carefully balances optimism with insightful caution, reminding viewers that lasting success depends heavily on ongoing community engagement and practical use cases. Their thoughtful, nuanced breakdown equips investors with essential insights to confidently navigate Neo Pepe’s exciting journey ahead. Why Investors Should Prioritize Neo Pepe Coin DAO Governance: Fully community-controlled decisions via transparent, secure on-chain voting. Secure Presale Model: Carefully structured, multi-stage presale with incrementally progressive pricing to reward early participants generously. Auto-Liquidity Mechanism: Automated transactions contribute to permanent liquidity, stabilizing token value effectively. Limited Token Supply: Strictly fixed cap ensures token scarcity and continuous value appreciation. Transparent Mechanics: Time-locked treasury and immutable smart contracts eliminate risks of manipulation and central control. Join the Memetrix: Act Now! Don’t miss this crucial opportunity to participate in Neo Pepe Coin’s groundbreaking presale and secure your position early in one of 2025’s most exciting crypto projects. Visit the official Neo Pepe website today, or actively join the vibrant, growing community discussions at Telegram. It’s time to seize control, join the Neo Pepe movement, and ride the next explosive wave of crypto innovation toward potentially life-changing returns!
  • Senate Passes GENIUS Stablecoin Act, Sends Bill to House for Consideration The U.S. Senate passed the GENIUS Stablecoin Act on June 17, 2025, marking a major step toward federal regulation of stablecoins. Jamie Redman Senate Passes GENIUS Stablecoin Act, Sends Bill to House for Consideration GENIUS Act Clears Senate, STABLE Act Clash Looms in House The bill—formally titled the Guiding and Establishing National Innovation for U.S. Stablecoins Act—establishes a framework for issuing and regulating stablecoins, digital assets pegged to fiat currencies such as the U.S. dollar. The act now moves to the House of Representatives for consideration. Sponsored by a bipartisan group of senators including Bill Hagerty, Tim Scott, Kirsten Gillibrand, and Cynthia Lummis, the legislation aims to create reserve requirements, ensure consumer protections, and enforce federal oversight for large issuers. The House has its own competing measure—the STABLE Act—introduced earlier this year. While similar in intent, the STABLE Act diverges on definitions and regulatory scope, potentially setting the stage for negotiation or delay. The GENIUS Act cleared the Senate Banking Committee on March 13 with an 18-6 vote, broke a filibuster on May 21 with a 66-32 vote, and passed the full Senate vote today. The House can pass the bill, amend it, or decline to act. Any amendments would require Senate review and could trigger a reconciliation process. Given budget reconciliation priorities and political differences, immediate action in the House appears unlikely. Lawmakers may take weeks or months to act, especially if negotiations between the two bills are required. Industry stakeholders view the legislation as a milestone. Supporters argue it offers clarity and preserves U.S. competitiveness, while critics raise concerns about favoring large tech firms and regulatory overreach.
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