Day: June 20, 2023

Bitcoin price ‘sideways boredom’ may last 18 months — New research

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Bitcoin (BTC) faces up to one-and-a-half years of “boredom” as the bull market gathers steam, a new prediction says. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode predicted an “arduous” period for BTC hodlers next. Glassnode: Bitcoin hodlers set for 12 months’ “gradual accumulation” After gaining 70% in the first quarter of 2023, but struggling to hold its ground recently, Bitcoin is dividing opinions when it comes to future price action. With the 2024 block subsidy halving in sight, some believe a dramatic uptick…

‘Magnificent Seven’ Stocks Surging in 2023

While the ‘Magnificent Seven’ stocks have seen amazing gains and received extensive attention, it is crucial to note that not all experts are as enthusiastic. The year 2023 has witnessed a significant shift in the stock market landscape, with a new group of companies dubbed MANATAM emerging as the driving force behind the market’s impressive surge. While FAANG stocks featuring Facebook, now Meta Platforms Inc (NASDAQ: META), Apple Inc (NASDAQ: AAPL), Amazon.com Inc (NASDAQ: AMZN), Netflix Inc (NASDAQ: NFLX), and Google’s parent company Alphabet Inc (NASDAQ: GOOGL) have dominated the…

Bitcoin market cap reclaims crypto dominance with 50% share

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin has surpassed the combined market capitalization of all other cryptocurrencies, according to recent data from TradingView. This comes against shifting economic circumstances, regulatory actions, and investor sentiment.  According to TradingView data, Bitcoin’s (BTC) market capitalization is larger than all other cryptocurrencies combined, with its dominance metric exceeding 50%. As of this writing, BTC’s dominance stood at 50.06%. BTC dominance chart | Source: TradingView This dominance marks a significant rebound from May 2021, when bitcoin’s price…

Arkon Energy Enters U.S. With Ohio Data Center Site Purchase, $26M in Fresh Funding

The company, which uses renewable electricity to mine bitcoin (BTC), also raised $26 million in fresh capital from Sandton Capital Partners, which it intends to use to fund an “aggressive expansion” into North America, according to an announcement shared with CoinDesk on Tuesday. That’s on top of the $28 million it raised in November, when it bought Hydrokraft AS, a renewable energy-based data center in Norway. Source

Latest Cardano Node Upgrade Goes Live on Mainnet

Epochs refer to the time periods on the Cardano blockchain. Each epoch lasts 432,000 slots, and each slot lasts 1 second – meaning a single epoch lasts roughly five days. ADA tokens are staked during these epochs during which new blocks on the Cardano network are produced. Source

Bitcoin enters the unknown zone, high volatility is expected

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) has been moving between $24,800 and $27,300 over the past two weeks when the US Securities and Exchange Commission (SEC) sued Binance and Coinbase. BTC, the largest cryptocurrency, took two major plunges on June 5 and June 15 but gained traction over the past week. It registered a 2.7% rise in the last seven days. Bitcoin is up by 1.3% in the past 24 hours and trading at $26,790 at the time of writing.…

Ninja Warriors Meta launching second presale round

Ninja Warriors has announced the launch of its second presale rounds for Ninja Warriors Meta.  Ninja Warriors’ presale The Ninja Warriors Meta presale phase offers early investors and gamers an opportunity to venture beyond the confines of conventional gaming and embark on an extraordinary journey into the future of blockchain gaming. Ninja Warriors meta introduces an unprecedented player-versus-player (PvP) combat game that integrates gameplay, play-to-earn mechanics, and non-fungible tokens (NFTs). With a departure from repetitive turn-based gameplay, the game strives to establish a benchmark for immersive blockchain gaming experiences. The game also provides…

Tokyo-based Mitsui Announces Strategic Partnership with Web3-focused Animoca Brands

The strategic partnership with Animoca Brands will help solidify Mitsui’s entrance into the Web3 industry that is slated to change global financial markets. Amid the growing blockchain need in Japan, Mitsui & Co Ltd (Japan: 8031), a Tokyo-based trading conglomerate with more than $114 billion in total assets, signed a memorandum of understanding for a strategic partnership with Hong Kong-based Animoca Brands to steer forward Web3 adoption in the country. According to the announcement, the two entities aim to create a new business through a strategic investment to focus on…