BREAKING: A Chinese court has recognized #Bitcoin and #cryptocurrencies as property, affirming the legality of holding and owning them. This development could pave the way for clearer regulations and greater acceptance in the financial landscape.
Cboe is preparing to introduce the first cash-settled options that are linked to the spot price of Bitcoin.
Important Points :
1. Cboe is set to enhance its offerings by launching new Bitcoin ETF index options on December 2. These options will include cash settlement and European-style exercise, providing investors with greater flexibility and accessibility in the cryptocurrency market.
2. The Cboe Bitcoin US ETF Index monitors the performance of Bitcoin exchange-traded funds (ETFs) that are listed in the United States. This index provides investors with exposure to the price fluctuations of Bitcoin, offering a way to engage with the cryptocurrency market through regulated financial products.
Important Points :
1. Cboe is set to enhance its offerings by launching new Bitcoin ETF index options on December 2. These options will include cash settlement and European-style exercise, providing investors with greater flexibility and accessibility in the cryptocurrency market.
2. The Cboe Bitcoin US ETF Index monitors the performance of Bitcoin exchange-traded funds (ETFs) that are listed in the United States. This index provides investors with exposure to the price fluctuations of Bitcoin, offering a way to engage with the cryptocurrency market through regulated financial products.
A fintech startup has raised an impressive $1.5 million to revolutionize maritime finance and make it accessible to everyone.
Shipfinex, a maritime fintech startup, has announced the successful closure of $1.5 million in seed funding. This funding round was led by Gaurav Mehta, the chairman of the shipping asset trader Best Oasis Limited and the Dubai-based company SPM Shipping DMCC. Notable participants in this round included Vivek Seth, Senior Vice President at ADNOC Logistics & Services, and Yasovardhan Chinni, Founder of Nanlian Ship Management LLC.
Shipfinex, a maritime fintech startup, has announced the successful closure of $1.5 million in seed funding. This funding round was led by Gaurav Mehta, the chairman of the shipping asset trader Best Oasis Limited and the Dubai-based company SPM Shipping DMCC. Notable participants in this round included Vivek Seth, Senior Vice President at ADNOC Logistics & Services, and Yasovardhan Chinni, Founder of Nanlian Ship Management LLC.
DMG Blockchain, a Bitcoin mining company, is expanding following a successful fundraising effort of $16 million.
DMG Blockchain, a Canadian company specializing in Bitcoin block reward mining, has announced the expansion of its operations following a successful fundraising campaign that raised $16 million.
The company, which is dual-listed on the Toronto Stock Exchange and the Frankfurt Stock Exchange, has allocated $5 million to acquire hydro-powered miners from Bitmain. These new miners offer an efficiency rate of 15 J/TH, as indicated in the company’s recent press release.
DMG Blockchain, a Canadian company specializing in Bitcoin block reward mining, has announced the expansion of its operations following a successful fundraising campaign that raised $16 million.
The company, which is dual-listed on the Toronto Stock Exchange and the Frankfurt Stock Exchange, has allocated $5 million to acquire hydro-powered miners from Bitmain. These new miners offer an efficiency rate of 15 J/TH, as indicated in the company’s recent press release.
Tim Draper forecasts that the price of Bitcoin will reach $120,000 by the conclusion of 2024, with a subsequent increase to $250,000 anticipated in 2025.
In a recent interview with Benzinga, Draper reflected on his earlier predictions, saying, "Back in 2014, when Bitcoin was just $180, I confidently projected it would reach $10,000 within three years. By the end of 2017, that prediction came true. However, since then, I realize that my forecasts haven't been as precise. I anticipated Bitcoin would achieve $250,000 by 2022, but I believe I may have underestimated the timeline by about three years."
Draper also mentioned, "This three-year delay can be attributed to a government that focused more on regulation than on fostering innovation. However, I'm optimistic that our current government is taking a more encouraging approach to new technologies."
In a recent interview with Benzinga, Draper reflected on his earlier predictions, saying, "Back in 2014, when Bitcoin was just $180, I confidently projected it would reach $10,000 within three years. By the end of 2017, that prediction came true. However, since then, I realize that my forecasts haven't been as precise. I anticipated Bitcoin would achieve $250,000 by 2022, but I believe I may have underestimated the timeline by about three years."
Draper also mentioned, "This three-year delay can be attributed to a government that focused more on regulation than on fostering innovation. However, I'm optimistic that our current government is taking a more encouraging approach to new technologies."
MicroStrategy has purchased additional Bitcoin, and Chairman Michael Saylor is encouraging Microsoft to follow suit.
KEY TAKEAWAYS :
1. MicroStrategy purchased another $1.5 billion worth of bitcoin.
2. The company now holds nearly 2% of all the bitcoin that will ever exist.
3. MicroStrategy Chairman Michael Saylor also presented to the Microsoft board regarding the benefits of holding bitcoin last week.
KEY TAKEAWAYS :
1. MicroStrategy purchased another $1.5 billion worth of bitcoin.
2. The company now holds nearly 2% of all the bitcoin that will ever exist.
3. MicroStrategy Chairman Michael Saylor also presented to the Microsoft board regarding the benefits of holding bitcoin last week.
🚀 We extend our heartfelt congratulations to our client and portfolio company, LSP Finance, for successfully closing their $1 million pre-seed round at an impressive $33 million valuation! 🎉
As innovators in the LSD and pre-trading space, we are optimistic about the potential of LSP Finance to reshape the DeFi landscape and drive meaningful change. 🌟
We look forward to seeing how they continue to onboard leading projects and push the boundaries of what’s possible. Together, we have an exciting opportunity to help revolutionize the future!
Link :https://x.com/BlockbridgeX/status/1863634008396922996
As innovators in the LSD and pre-trading space, we are optimistic about the potential of LSP Finance to reshape the DeFi landscape and drive meaningful change. 🌟
We look forward to seeing how they continue to onboard leading projects and push the boundaries of what’s possible. Together, we have an exciting opportunity to help revolutionize the future!
Link :https://x.com/BlockbridgeX/status/1863634008396922996
On Thursday, US President-elect Donald Trump highlighted the significant rise of bitcoin, which surged past $100,000. He expressed appreciation to his social media followers, saying, "You're welcome," as the cryptocurrency experienced an impressive increase of over 50 percent since his election victory. This development marks an exciting moment in the cryptocurrency market.
BREAKING: Putin emphasizes that "No one can ban #Bitcoin or electronic payments; these technologies represent the future." This statement highlights the growing recognition of digital currencies and their potential to transform the financial landscape.
How Blockbridge Digital is redefining Web3 Incubation and Consultancy Services
Several factors can contribute to the challenges faced by startups, including limited funding, operational hurdles, ineffective marketing strategies, and products that may not align with market needs. However, by identifying these common obstacles and actively seeking expert guidance, startups can enhance their chances of success. In the ever-evolving realms of Web3 and AI, incubators and consultancy service providers are instrumental in supporting this journey. They offer valuable mentorship and resources tailored to the unique needs of startups, helping them navigate challenges effectively. With the right support, startups can not only avoid pitfalls but also pursue innovative and bold strategies for growth.
Advantages of Blockbridge Digital:
🏦Blockbridge Digital is a lead
ing Web3 incubator and consulting firm, strategically positioned in the Eurasian region to bridge the digital economies of Europe and Asia. Our mission is to accelerate the growth of Web3 and AI startups, helping Web3 entrepreneurs scale their businesses in global markets through our comprehensive network of resources and a full suite of services, including:
1. Regulatory Compliance: Helping you navigate complex regulations with ease, ensuring full compliance across jurisdictions.
2. Fundraising & VC Connections: Offering tailored fundraising solutions and access to our extensive global VC network, with over 100+ VCs and 1000+ angel investors.
3. Strategic & Growth Advisory: Providing expert guidance to develop winning business strategies that will fuel your project’s expansion.
4. Technical Expertise: Strengthening your product with deep Web3 and AI knowledge, while leveraging our partnerships with leading L1/L2 ecosystems and developer communities to enhance your technical capabilities.
5. Auditing: Connecting you with top-tier auditing partners like Certik, Halborn, Hacken, Blaize, Beosin, Salus, ScaleBit, and others to ensure your smart contract security at the best rates.
6. Global Marketing & PR: Amplifying your brand through our vast network and extensive experience working with top Web3 companies to drive global visibility.
7. KOL Network & Community Building: Collaborating with over 2000+ global KOLs to help you build engaged communities and foster long-term support for your project.
8. Launchpads & Exchanges: Facilitating seamless IDO launches with our partners like DAO Maker, NovaBits, Seedify, Sopres Network, Poolz Finance, and Paid Network while also securing listings on major crypto exchanges like Bybit, Kucoin, Gate, Bitget, MEXC, BingX, BitMart, XT, LBank and others.
9. Risk Management & Market-Making Support: Providing access to top market-making solutions through our partners like DWF Labs, Flowdesk,Trireme, Amber, GSR and CLS to manage risks and enhance liquidity.
In addition, Starlabs Consulting, our premium global marketing and PR agency, helps visionary businesses amplify their innovations and secure the resources they need to thrive. From growth strategy and global expansion to PR, marketing, and PR risk management, we ensure your brand is impactful and sustainable in the long term.
At Blockbridge Digital, we don’t just provide services—we become partners in your success. We work closely with startups, guiding them through challenges, unlocking new growth opportunities, and building a strong foundation for long-term success. Let’s collaborate to shape the future of Web3 and AI together.
Several factors can contribute to the challenges faced by startups, including limited funding, operational hurdles, ineffective marketing strategies, and products that may not align with market needs. However, by identifying these common obstacles and actively seeking expert guidance, startups can enhance their chances of success. In the ever-evolving realms of Web3 and AI, incubators and consultancy service providers are instrumental in supporting this journey. They offer valuable mentorship and resources tailored to the unique needs of startups, helping them navigate challenges effectively. With the right support, startups can not only avoid pitfalls but also pursue innovative and bold strategies for growth.
Advantages of Blockbridge Digital:
🏦Blockbridge Digital is a lead
ing Web3 incubator and consulting firm, strategically positioned in the Eurasian region to bridge the digital economies of Europe and Asia. Our mission is to accelerate the growth of Web3 and AI startups, helping Web3 entrepreneurs scale their businesses in global markets through our comprehensive network of resources and a full suite of services, including:
1. Regulatory Compliance: Helping you navigate complex regulations with ease, ensuring full compliance across jurisdictions.
2. Fundraising & VC Connections: Offering tailored fundraising solutions and access to our extensive global VC network, with over 100+ VCs and 1000+ angel investors.
3. Strategic & Growth Advisory: Providing expert guidance to develop winning business strategies that will fuel your project’s expansion.
4. Technical Expertise: Strengthening your product with deep Web3 and AI knowledge, while leveraging our partnerships with leading L1/L2 ecosystems and developer communities to enhance your technical capabilities.
5. Auditing: Connecting you with top-tier auditing partners like Certik, Halborn, Hacken, Blaize, Beosin, Salus, ScaleBit, and others to ensure your smart contract security at the best rates.
6. Global Marketing & PR: Amplifying your brand through our vast network and extensive experience working with top Web3 companies to drive global visibility.
7. KOL Network & Community Building: Collaborating with over 2000+ global KOLs to help you build engaged communities and foster long-term support for your project.
8. Launchpads & Exchanges: Facilitating seamless IDO launches with our partners like DAO Maker, NovaBits, Seedify, Sopres Network, Poolz Finance, and Paid Network while also securing listings on major crypto exchanges like Bybit, Kucoin, Gate, Bitget, MEXC, BingX, BitMart, XT, LBank and others.
9. Risk Management & Market-Making Support: Providing access to top market-making solutions through our partners like DWF Labs, Flowdesk,Trireme, Amber, GSR and CLS to manage risks and enhance liquidity.
In addition, Starlabs Consulting, our premium global marketing and PR agency, helps visionary businesses amplify their innovations and secure the resources they need to thrive. From growth strategy and global expansion to PR, marketing, and PR risk management, we ensure your brand is impactful and sustainable in the long term.
At Blockbridge Digital, we don’t just provide services—we become partners in your success. We work closely with startups, guiding them through challenges, unlocking new growth opportunities, and building a strong foundation for long-term success. Let’s collaborate to shape the future of Web3 and AI together.
🎊🎉 We are excited to announce our partnership with Spores Network, the leading Web3 launchpad in Southeast Asia! This collaboration is designed to enhance the synergy between the rapidly evolving Web3 ecosystems in Europe and Asia. Our goal is to empower innovative founders by providing them with the resources and support they need to scale their projects effectively and secure the necessary funding for growth.
Through this partnership, we aim to facilitate knowledge sharing, investment opportunities, and networking possibilities that will foster collaboration between emerging talents in both regions. We believe that by bridging these two dynamic markets, we can drive significant advancements in the Web3 space.
Stay tuned for more exciting developments as we work together to make a global impact! 🌏🚀
Link :https://x.com/BlockbridgeX/status/1867497412777951324
#BlockbridgeDigital #SporesNetwork #DePIN #RWA #Web3 #web3startup
Through this partnership, we aim to facilitate knowledge sharing, investment opportunities, and networking possibilities that will foster collaboration between emerging talents in both regions. We believe that by bridging these two dynamic markets, we can drive significant advancements in the Web3 space.
Stay tuned for more exciting developments as we work together to make a global impact! 🌏🚀
Link :https://x.com/BlockbridgeX/status/1867497412777951324
#BlockbridgeDigital #SporesNetwork #DePIN #RWA #Web3 #web3startup
In mid-December, there has been a notable increase in venture capital funding within the cryptocurrency sector, prominently featuring a successful $250 million fundraising round by Avalanche Labs.
This week achieved one of the largest single investments in blockchain infrastructure of the year. Moreover, significant investments flowed into the infrastructure, AI, and financial services sectors, pushing total funding beyond $400 million. This substantial amount marks an impressive increase of nearly $180 million over last week's figures.
Source Link: https://icoanalytics.org/deal-flow/
This week achieved one of the largest single investments in blockchain infrastructure of the year. Moreover, significant investments flowed into the infrastructure, AI, and financial services sectors, pushing total funding beyond $400 million. This substantial amount marks an impressive increase of nearly $180 million over last week's figures.
Source Link: https://icoanalytics.org/deal-flow/
Binance Alpha is launching to prominently showcase Web3 tokens that are in early development.
Binance has launched Binance Alpha within the Binance Wallet, focusing on early-stage crypto projects in the Web3 ecosystem. While it does not guarantee listings on the Binance Exchange, some projects may be considered for future inclusion.
Binance Alpha will go live on December 18, 2024, with five tokens announced on launch day. An additional five tokens will be revealed on December 19, and another five on December 20. More token announcements are planned thereafter. Users can follow Binance Wallet's official X account for updates.
#BNB #Binance #web3
Binance has launched Binance Alpha within the Binance Wallet, focusing on early-stage crypto projects in the Web3 ecosystem. While it does not guarantee listings on the Binance Exchange, some projects may be considered for future inclusion.
Binance Alpha will go live on December 18, 2024, with five tokens announced on launch day. An additional five tokens will be revealed on December 19, and another five on December 20. More token announcements are planned thereafter. Users can follow Binance Wallet's official X account for updates.
#BNB #Binance #web3
Pro-Trump policies are directly fueling the surge of young cryptocurrency users and driving significant growth in venture capital investment.
Bitget has seen a 683% surge in Gen Z users since Donald Trump’s election victory, while crypto startups have raised over $1 billion in venture funding, indicating rising optimism for the industry.
Key takeaways:
1. Record User Growth: Bitget’s new Gen Z users grew 683% in November to 844,000.
2. Investment Boom: Crypto startups have raised $1.3 billion since the election, including $796 million in November and $511 million in December.
3. Political Momentum: Pro-Trump promises of a national Bitcoin reserve and clear regulations are boosting confidence in the market.
Bitget has seen a 683% surge in Gen Z users since Donald Trump’s election victory, while crypto startups have raised over $1 billion in venture funding, indicating rising optimism for the industry.
Key takeaways:
1. Record User Growth: Bitget’s new Gen Z users grew 683% in November to 844,000.
2. Investment Boom: Crypto startups have raised $1.3 billion since the election, including $796 million in November and $511 million in December.
3. Political Momentum: Pro-Trump promises of a national Bitcoin reserve and clear regulations are boosting confidence in the market.
Halliburton embraces the future by boldly investing in a Bitcoin mining startup, transforming from oilfields to crypto fields.
Halliburton, recognized as the second-largest oilfield services company in the world, is making a strategic move into the bitcoin (BTC) mining sector by investing in Austin-based startup 360 Energy. This initiative, facilitated through Halliburton Labs, reflects the company's commitment to exploring innovative technologies and diversifying its portfolio. The development was reported by Blockspace Media, underscoring the growing intersection of traditional energy companies and the cryptocurrency industry.
#web3startup #DePIN #BTC
Halliburton, recognized as the second-largest oilfield services company in the world, is making a strategic move into the bitcoin (BTC) mining sector by investing in Austin-based startup 360 Energy. This initiative, facilitated through Halliburton Labs, reflects the company's commitment to exploring innovative technologies and diversifying its portfolio. The development was reported by Blockspace Media, underscoring the growing intersection of traditional energy companies and the cryptocurrency industry.
#web3startup #DePIN #BTC
MicroStrategy has proudly added 5,262 BTC to its impressive total of 444,262 BTC, as Bitcoin rises towards the pivotal milestone of $92,000.
MicroStrategy, the largest corporate holder of Bitcoin, has acquired an additional 5,262 BTC for $561 million, averaging $106,662 per Bitcoin. This raises the company’s total holdings to 444,262 BTC, with an average cost of $62,257 per Bitcoin. The announcement coincides with Bitcoin approaching a critical support level of $92,000.
#BTC #RWA #DePIN
MicroStrategy, the largest corporate holder of Bitcoin, has acquired an additional 5,262 BTC for $561 million, averaging $106,662 per Bitcoin. This raises the company’s total holdings to 444,262 BTC, with an average cost of $62,257 per Bitcoin. The announcement coincides with Bitcoin approaching a critical support level of $92,000.
#BTC #RWA #DePIN
Huge congratulations to our incredible client, FLock io, and its visionary founder, Jiahao SUN, as they successfully raised a whopping $9M in two thrilling funding rounds! 🎉
They're all set for their highly anticipated Token Generation Event (TGE) tomorrow, followed by listings on elite Tier-1 exchanges including Bybit, Gateio, and Mexc. This is an exhilarating milestone for the entire Flock community!
Don't miss out—tune in to the Space at 11 AM UTC for exclusive insights on dAI and Flock’s bold and ambitious vision. Mark your calendars; this is an event you absolutely can't miss! 🚀✨
Link: https://x.com/blockbridgex/status/1873800433979781255?s=46&t=JCsBVJqzuxa692PUU8N9WQ
They're all set for their highly anticipated Token Generation Event (TGE) tomorrow, followed by listings on elite Tier-1 exchanges including Bybit, Gateio, and Mexc. This is an exhilarating milestone for the entire Flock community!
Don't miss out—tune in to the Space at 11 AM UTC for exclusive insights on dAI and Flock’s bold and ambitious vision. Mark your calendars; this is an event you absolutely can't miss! 🚀✨
Link: https://x.com/blockbridgex/status/1873800433979781255?s=46&t=JCsBVJqzuxa692PUU8N9WQ