Going Crypto Makes Sense for Elon Musk’s X
While X, the platform formerly known as Twitter, has made a turn to share some of its earnings with its users, the lack of a genuinely universal payment method – like crypto – means users of countries such as Russia and Venezuela are excluded from getting these benefits, disrupting Elon Musk’s intentions of incubating a global content ecosystem.
Elon Musk’s X Seeks to Open an ‘Entire Financial World’While the acquisition and transition of X, the platform formerly known as Twitter, to the hands of Elon Musk, tech visionary, and eccentric millionaire, has not been without its hiccups, it’s undeniable that Musk’s vision has changed the direction of the company – for good or otherwise, depending who you ask to. The legacy Twitter, commandeered by Jack Dorsey, felt like more of a traditional Nasdaq-listed company with processes carried out by company employees, and users were separated from it.
Musk has tried to scrap this notion, having a more close-to-the-user approach and introducing the idea of rewarding content providers with part of the revenue received by the company using this content as the hook. This is nothing new, as monetization has been implemented widely in the content industry; however, X seems to want to do it in the most universal way possible.
While X, the platform formerly known as Twitter, has made a turn to share some of its earnings with its users, the lack of a genuinely universal payment method – like crypto – means users of countries such as Russia and Venezuela are excluded from getting these benefits, disrupting Elon Musk’s intentions of incubating a global content ecosystem.
Elon Musk’s X Seeks to Open an ‘Entire Financial World’While the acquisition and transition of X, the platform formerly known as Twitter, to the hands of Elon Musk, tech visionary, and eccentric millionaire, has not been without its hiccups, it’s undeniable that Musk’s vision has changed the direction of the company – for good or otherwise, depending who you ask to. The legacy Twitter, commandeered by Jack Dorsey, felt like more of a traditional Nasdaq-listed company with processes carried out by company employees, and users were separated from it.
Musk has tried to scrap this notion, having a more close-to-the-user approach and introducing the idea of rewarding content providers with part of the revenue received by the company using this content as the hook. This is nothing new, as monetization has been implemented widely in the content industry; however, X seems to want to do it in the most universal way possible.
FUNToken Enters a New Era as it Joins the Ranks of BitMart Exchange, Expanding Opportunities for iGaming Enthusiasts
The momentous occasion of FUNToken’s official listing on BitMart Exchange has arrived, effective September 15th, 2023. Recognized as a leading player in the crypto landscape, BitMart Exchange boasts over 5.5 million registered users, operates in 180 countries and enjoys a top-ten ranking on CoinMarketCap.
BitMart Exchange, a prominent figure in the global digital asset trading landscape, ranks among the top ten exchanges according to CoinMarketCap. With a strong reputation since its founding, BitMart has garnered over 5.5 million registered users and operates in 180 countries.
The momentous occasion of FUNToken’s official listing on BitMart Exchange has arrived, effective September 15th, 2023. Recognized as a leading player in the crypto landscape, BitMart Exchange boasts over 5.5 million registered users, operates in 180 countries and enjoys a top-ten ranking on CoinMarketCap.
BitMart Exchange, a prominent figure in the global digital asset trading landscape, ranks among the top ten exchanges according to CoinMarketCap. With a strong reputation since its founding, BitMart has garnered over 5.5 million registered users and operates in 180 countries.
Market Expert Gareth Soloway Explores Bitcoin’s Future Amidst Rising Treasury Yields and ETF Speculation
Year-to-date, bitcoin (BTC), the leading digital currency by market cap, has witnessed a staggering increase of over 100%, sparking curiosity about the duration of its upward trajectory. In a Thursday interview with Gareth Soloway, the head market strategist at inthemoneystocks.com, the expert delved into the potential longevity of this rally. Soloway also touched upon the upcoming gathering of the U.S. Federal Reserve and the ascent of 10-year treasury yields to a pinnacle unmatched in the last 16 years.
Bitcoin’s Longevity Examined by Market Strategist Gareth Soloway; Anticipates Gold SurgeOn a Thursday marked by a downturn in U.S. equities, resulting in a sea of red across the stock market, precious metals, and the crypto markets stood resilient, weathering the storm with grace. Gareth Soloway, the chief market strategist at inthemoneystocks.com, engaged in a thorough discussion about the U.S. and global economies with Michelle Makori, the leading anchor and editor-in-chief at Kitco News.During their exchange, Soloway pinpointed the Federal Reserve as the market’s current focal point, speculating on whether the central bank will opt to increase the federal funds rate. He underscored the noteworthy development of the 10-year treasury yields surging past 5% for the first time in a span of 16 years.Emphasizing the significance, Soloway remarked that a 5% yield on the 10-year treasury “is very, very important to the psychology of the market.” Echoing Bill Gross’ prediction, he anticipates a recession could unfold by the year’s fourth quarter, highlighting a stark contrast in consumer confidence across different income brackets.Soloway observed, “I think you look at the economy right now and you could argue that half the population has already been in a recession.” He also speculated on the Federal Open Market Committee (FOMC) meeting scheduled for the following week, suggesting the Fed might opt to halt its rate hikes, given the evident market stress.“They see the stress that’s gone on in the markets,” the analyst added.Shifting the focus to bitcoin (BTC), Soloway speculated on the potential approval of a spot bitcoin exchange-traded fund (ETF), cautioning that it might trigger a substantial sell-off. While acknowledging bitcoin’s impressive performance, he questioned its resilience against a possible 15-20% asset sell-off in the Nasdaq, expressing concern that a 35% plunge in the stock market could eventually instill fear and panic among bitcoin holders. Soloway declared:
You’ll probably get [an ETF] approval by year-end or early in 2024. If bitcoin is still up here, you may not go higher. It may be already factoring in the approval. It’s very possible it could be a sell on the news.
Year-to-date, bitcoin (BTC), the leading digital currency by market cap, has witnessed a staggering increase of over 100%, sparking curiosity about the duration of its upward trajectory. In a Thursday interview with Gareth Soloway, the head market strategist at inthemoneystocks.com, the expert delved into the potential longevity of this rally. Soloway also touched upon the upcoming gathering of the U.S. Federal Reserve and the ascent of 10-year treasury yields to a pinnacle unmatched in the last 16 years.
Bitcoin’s Longevity Examined by Market Strategist Gareth Soloway; Anticipates Gold SurgeOn a Thursday marked by a downturn in U.S. equities, resulting in a sea of red across the stock market, precious metals, and the crypto markets stood resilient, weathering the storm with grace. Gareth Soloway, the chief market strategist at inthemoneystocks.com, engaged in a thorough discussion about the U.S. and global economies with Michelle Makori, the leading anchor and editor-in-chief at Kitco News.During their exchange, Soloway pinpointed the Federal Reserve as the market’s current focal point, speculating on whether the central bank will opt to increase the federal funds rate. He underscored the noteworthy development of the 10-year treasury yields surging past 5% for the first time in a span of 16 years.Emphasizing the significance, Soloway remarked that a 5% yield on the 10-year treasury “is very, very important to the psychology of the market.” Echoing Bill Gross’ prediction, he anticipates a recession could unfold by the year’s fourth quarter, highlighting a stark contrast in consumer confidence across different income brackets.Soloway observed, “I think you look at the economy right now and you could argue that half the population has already been in a recession.” He also speculated on the Federal Open Market Committee (FOMC) meeting scheduled for the following week, suggesting the Fed might opt to halt its rate hikes, given the evident market stress.“They see the stress that’s gone on in the markets,” the analyst added.Shifting the focus to bitcoin (BTC), Soloway speculated on the potential approval of a spot bitcoin exchange-traded fund (ETF), cautioning that it might trigger a substantial sell-off. While acknowledging bitcoin’s impressive performance, he questioned its resilience against a possible 15-20% asset sell-off in the Nasdaq, expressing concern that a 35% plunge in the stock market could eventually instill fear and panic among bitcoin holders. Soloway declared:
You’ll probably get [an ETF] approval by year-end or early in 2024. If bitcoin is still up here, you may not go higher. It may be already factoring in the approval. It’s very possible it could be a sell on the news.
Coinbase CEO Brian Armstrong: ‘Bitcoin May Be the Key to Extending Western Civilization’
Brian Armstrong, CEO of U.S.-based crypto exchange Coinbase, stated that Bitcoin could play a role in extending Western civilization. For Armstrong, Bitcoin represents an alternative to fiat currencies like the U.S. dollar, which people can use as an alternative to inflation.
Coinbase CEO Brian Armstrong: Crypto Might Be ‘an Antidote to Inflation.’Brian Armstrong, CEO of Coinbase, has recently reflected on the role that bitcoin might have in the future of Western civilization. In a post on X, Armstrong explained that “One idea I’ve been contemplating is that Bitcoin may be the key to extending western civilization” and that fiat currencies will keep inflating until they lose their advantages as currencies. He believes the U.S. dollar is already on this road but that there are no other alternatives as other fiat currencies face the same problems.
Brian Armstrong, CEO of U.S.-based crypto exchange Coinbase, stated that Bitcoin could play a role in extending Western civilization. For Armstrong, Bitcoin represents an alternative to fiat currencies like the U.S. dollar, which people can use as an alternative to inflation.
Coinbase CEO Brian Armstrong: Crypto Might Be ‘an Antidote to Inflation.’Brian Armstrong, CEO of Coinbase, has recently reflected on the role that bitcoin might have in the future of Western civilization. In a post on X, Armstrong explained that “One idea I’ve been contemplating is that Bitcoin may be the key to extending western civilization” and that fiat currencies will keep inflating until they lose their advantages as currencies. He believes the U.S. dollar is already on this road but that there are no other alternatives as other fiat currencies face the same problems.
Ripple Moves To Buy Back $285,000,000 Worth of Shares From Early Investors and Employees: Report
Blockchain-based payments company Ripple reportedly wants to repurchase $285 million worth of company shares from early investors and employees.
Citing two sources familiar with the matter, Reuters reports that Ripple Labs is setting aside $500 million for the buyback.
Blockchain-based payments company Ripple reportedly wants to repurchase $285 million worth of company shares from early investors and employees.
Citing two sources familiar with the matter, Reuters reports that Ripple Labs is setting aside $500 million for the buyback.
Litecoin (LTC) Price Analysis: Rally Could Extend Toward $80
Litecoin price is recovering from the $68.20 zone against the US Dollar, like Bitcoin. LTC price could climb again if there is a clear move above $71.40.
Litecoin Price AnalysisIn the past few sessions, there was a decent increase in Bitcoin, Ethereum, Ripple, and Litecoin against the US Dollar. Earlier, LTC struggled to clear the $73.45 resistance zone and started a fresh decline.
There was a move below the $72.00 and $70.00 support levels. Finally, the bulls protected the key support at $68.00. A low was formed near $68.12, and the price is now attempting a fresh increase. The price started a recovery wave above the $68.00 level.
Litecoin price is recovering from the $68.20 zone against the US Dollar, like Bitcoin. LTC price could climb again if there is a clear move above $71.40.
Litecoin Price AnalysisIn the past few sessions, there was a decent increase in Bitcoin, Ethereum, Ripple, and Litecoin against the US Dollar. Earlier, LTC struggled to clear the $73.45 resistance zone and started a fresh decline.
There was a move below the $72.00 and $70.00 support levels. Finally, the bulls protected the key support at $68.00. A low was formed near $68.12, and the price is now attempting a fresh increase. The price started a recovery wave above the $68.00 level.
Orbs Partners With SYMMIO To Develop Capital-Efficient On-Chain Derivatives
February 15, 2024 – Tel Aviv, Israel
Layer three blockchain Orbs has announced a partnership with OTC derivatives platform SYMMIO.The agreement will support the growth of on-chain derivatives trading that makes use of better capital efficiency and taps into deep liquidity.
Orbs has seen significant demand for its blockchain- and DEX-agnostic liquidity hub, which operates as a layer atop AMMs, solving the problem of liquidity fragmentation in DeFi.
February 15, 2024 – Tel Aviv, Israel
Layer three blockchain Orbs has announced a partnership with OTC derivatives platform SYMMIO.The agreement will support the growth of on-chain derivatives trading that makes use of better capital efficiency and taps into deep liquidity.
Orbs has seen significant demand for its blockchain- and DEX-agnostic liquidity hub, which operates as a layer atop AMMs, solving the problem of liquidity fragmentation in DeFi.
Bitcoin Price Analysis: BTC Restarts Increase And Aims More Upsides
Bitcoin price is rising from $60,800 against the US Dollar. BTC might eye another increase if the bulls remain active above the $68,000 zone.
Bitcoin Price AnalysisBitcoin price started a fresh decline after it failed to clear the $73,800 resistance. BTC declined below the $65,500 and $64,000 support levels to enter a short-term bearish zone.
There was also a move below the $62,200 level. A low was formed near $60,771 and the price is now attempting a fresh increase. The bulls were able to push the price above the $65,000 level. The price is now above the 50% Fib retracement level of the downward wave from the $73,835 swing high to the $60,771 low.
Bitcoin price is rising from $60,800 against the US Dollar. BTC might eye another increase if the bulls remain active above the $68,000 zone.
Bitcoin Price AnalysisBitcoin price started a fresh decline after it failed to clear the $73,800 resistance. BTC declined below the $65,500 and $64,000 support levels to enter a short-term bearish zone.
There was also a move below the $62,200 level. A low was formed near $60,771 and the price is now attempting a fresh increase. The bulls were able to push the price above the $65,000 level. The price is now above the 50% Fib retracement level of the downward wave from the $73,835 swing high to the $60,771 low.
BlockDAG Prepares to Launch X1 Mining App Beta Version, Cronos Price Shows Volatility
The cryptocurrency landscape is entering an exciting phase, with Cronos setting ambitious targets and BlockDAG (BDAG) launching the beta version of its innovative X1 mining app. These developments signal a pivotal shift in how users engage with digital currencies to search for top altcoins for 2024. As Cronos pave paths, BlockDAG draws attention with a robust $22.6 million from its presale and an innovative approach that promises to redefine mobile crypto mining.
The cryptocurrency landscape is entering an exciting phase, with Cronos setting ambitious targets and BlockDAG (BDAG) launching the beta version of its innovative X1 mining app. These developments signal a pivotal shift in how users engage with digital currencies to search for top altcoins for 2024. As Cronos pave paths, BlockDAG draws attention with a robust $22.6 million from its presale and an innovative approach that promises to redefine mobile crypto mining.
First Spot Bitcoin ETF Making Its Way to Main Australian Stock Exchange
VanEck BTC ETFs will be offered beginning June 20 on the Australian Securities Exchange (ASX), Australia’s largest stock exchange. VanEck also offers its BTC ETFs in the US markets with the US SEC’s blessings. Now, it has received permission from ASIC only a few months later to list on ASX.
Demands for BTC ETFs were rising in Australia as action in the US began months ago. VanEck faced increased inquiries from brokers and advisers about the possibility of an Australian BTC ETF.
VanEck BTC ETFs will be offered beginning June 20 on the Australian Securities Exchange (ASX), Australia’s largest stock exchange. VanEck also offers its BTC ETFs in the US markets with the US SEC’s blessings. Now, it has received permission from ASIC only a few months later to list on ASX.
Demands for BTC ETFs were rising in Australia as action in the US began months ago. VanEck faced increased inquiries from brokers and advisers about the possibility of an Australian BTC ETF.
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
$47,646 Drained From Customers’ Accounts at Wells Fargo As Rogue Executive Mounts Year-Long Campaign To Steal Cash: US Bank Regulator
A Wells Fargo executive has been ordered to leave the banking industry after draining tens of thousands of dollars from customer deposit accounts.
The Office of the Comptroller of the Currency (OCC) is issuing a consent order against ex-Wells Fargo operations associate manager Cindy M. Flores for violating laws and engaging in unsafe and unsound practices.
A Wells Fargo executive has been ordered to leave the banking industry after draining tens of thousands of dollars from customer deposit accounts.
The Office of the Comptroller of the Currency (OCC) is issuing a consent order against ex-Wells Fargo operations associate manager Cindy M. Flores for violating laws and engaging in unsafe and unsound practices.
XRP Seeing Crazy Bullish Crowd Sentiment as Monthly RSI Seeks to Breakout of a 6-Year Downtrend
XRP continues to steal the limelight based on a weekly surge of 41.6%, thanks to heightened investor accumulation and positive crowd sentiment.
Therefore, according to leading crypto analytic firm Santiment, soaring trader interest has ignited the market rebound in the XRP network.
XRP continues to steal the limelight based on a weekly surge of 41.6%, thanks to heightened investor accumulation and positive crowd sentiment.
Therefore, according to leading crypto analytic firm Santiment, soaring trader interest has ignited the market rebound in the XRP network.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Gotbit has opened up free access to its DEX Manager
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Giakaa Capital Unites Government, Investors, and Startups at India Blockchain Summit 2024, Making…
Our PR partner, yourPRstrategist, proudly joins India Blockchain Summit as an official media partner.
New Delhi, India, August 29, 2024 — The countdown has begun for the India Blockchain Summit 2024, set to take place on October 19, 2024, at the Talkatora Indoor Stadium, New Delhi, India. Organized by Giakaa Capital, this highly anticipated event is poised to be a landmark moment in India’s journey towards becoming a global hub for blockchain technology.
Our PR partner, yourPRstrategist, proudly joins India Blockchain Summit as an official media partner.
New Delhi, India, August 29, 2024 — The countdown has begun for the India Blockchain Summit 2024, set to take place on October 19, 2024, at the Talkatora Indoor Stadium, New Delhi, India. Organized by Giakaa Capital, this highly anticipated event is poised to be a landmark moment in India’s journey towards becoming a global hub for blockchain technology.