{ }
Elon Musk's SpaceX utilizes stablecoins to mitigate foreign exchange risks associated with payments from customers in various countries for its Starlink service. Venture capitalist Chamath Palihapitiya highlighted that this strategy allows SpaceX to avoid the complexities of currency conversion and wire transfers. He also noted that stablecoin providers are emerging as significant competitors to traditional banks and payment systems, potentially reducing transaction costs and enhancing global GDP.
Elon Musk and Vivek Ramaswamy are set to lead the new Department of Government Efficiency (DOGE) under President-elect Trump, aiming to cut federal budget waste and restructure agencies. Despite Musk's lighthearted claims about Dogecoin, his support has significantly influenced its market value, recently pushing it to a three-year high.
Spacecoin XYZ has successfully launched its first satellite into orbit, marking a significant step towards establishing a blockchain network in space. Co-founder Daniel Bar announced plans for a constellation of seven to ten additional satellites by 2025 to support the Spacecoin mainnet. The satellite features two "crypto engines" and aims to create a secure space data center, with ambitions for a decentralized physical infrastructure network (DePIN) that includes both a Celestial Chain in space and an Uncelestial network on Earth.
Elon Musk’s Department of Government Efficiency (DOGE) is gaining traction, led by key figures like Steve Davis and Michael Kratsios, focusing on hiring AI software engineers. The initiative aims to cut up to $2 trillion in federal spending, potentially impacting major programs like Social Security and Medicare. With support from President-elect Trump, DOGE is positioned to influence the next administration's policies on government efficiency.
A stopgap funding bill unveiled in Congress includes the "Deploying American Blockchains Act," which aims to bolster U.S. leadership in blockchain technology and establish a National Blockchain Deployment Advisory Committee. This initiative, supported by bipartisan negotiations, seeks to explore blockchain's potential benefits for federal agencies and national security. Meanwhile, President-elect Donald Trump has appointed Cantor Fitzgerald CEO Howard Lutnick as Commerce Secretary, positioning him to promote crypto-related technologies in the U.S.
Hedera Hashgraph partners with SpaceX to enhance data tracking for space missions, driving HBAR's price up 310% this year. Meanwhile, Tron experiences a bullish resurgence, doubling its price amid strategic investments, while Lunex Network emerges as a leading DeFi platform, raising over $5 million with innovative cross-chain trading capabilities.
Dogecoin's recent rally, fueled by Elon Musk's influence and increased adoption, has overshadowed Shiba Inu's growth, diverting investor attention and highlighting SHIB's challenges in achieving mainstream utility. Meanwhile, Lightchain AI emerges as a transformative project, integrating AI with blockchain for real-world applications, showcasing a shift towards meaningful innovation in the cryptocurrency space. With its Proof of Intelligence mechanism and focus on sustainability, LCAI positions itself as a promising alternative to speculative meme coins.
Donald Trump has been named Time Magazine's Person of the Year for the second time, recognized for his significant political influence and "comeback of historic proportions." This accolade may bolster his pro-crypto stance, as he aims to position the U.S. as the "crypto capital of the planet" and integrate Bitcoin into national financial strategy. Trump's administration promises to reshape crypto regulation favorably, with the recent appointment of Paul Atkins as SEC Chair seen as a move towards a more supportive regulatory environment for the industry.
Dogecoin is poised for a potential surge to $4 if it maintains critical support above $0.35, according to a TradingView analyst. The ongoing support from Tesla CEO Elon Musk is seen as a key catalyst for this bullish trend, with the analyst noting that Dogecoin's market patterns suggest a repeat of past price rallies. While expressing skepticism about most altcoins, the analyst believes Dogecoin's community and Musk's backing position it as a strong contender in the cryptocurrency market.
America faces a critical choice in the race for space-based solar power (SBSP), a technology that could revolutionize energy production by beaming solar energy from space to Earth. With China advancing rapidly towards a prototype by 2030, U.S. leadership hinges on establishing a coordinated national program to harness this transformative energy source, which promises energy independence and economic growth. Urgent action is needed to secure a competitive edge and prevent reliance on foreign technology.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.