Day: December 6, 2023

Thrash-metal band Megadeth launches NFT collection and metaverse community

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Legendary American thrash metal band Megadeth announced a new nonfungible token (NFT) collection on Dec. 5, allowing fans exclusive access to content and physical experiences. The band announced the NFTs on social media through a post on X, formerly Twitter, saying the 5,000-piece collection features the band’s digital mascot, ​​Vic Rattlehead. Introducing @MegadethDigital. Our 5000-piece generative collection featuring Vic Rattlehead brought to life in a new way by our talented artist @TheHaddy. Live on December 22nd, you’ll have the opportunity to unlock doors in the real and metaverse world alike,…

Bitcoin halving, BTC ETF hype driving price up into 2024 — NBX Berlin

The potential approval of Bitcoin exchange-traded funds (ETFs), the looming BTC mining reward halving and major regulatory and enforcement actions are having a profound psychological effect on market prices.  This is a major takeaway from the Next Block Expo conference in Berlin in early December, just as Bitcoin tipped past $42,000 for the first time in over a year. Animoca Brands CEO Robby Yung, gumi Cryptos Capital managing partner Miko Matsumura, Binance regional manager Jonas Jünger and Polkastarter business development lead João Leite weighed in on whether the current cryptocurrency…

South Korean Crypto Traders Emerge as Major Force in BTC Rally

South Korea has long been recognized for its robust blockchain and crypto community. Crypto traders in South Korea have recently emerged as key players, wielding considerable influence during the latest Bitcoin (BTC) rally that has seen the digital currency surge by more than 50%, according to reports. The Rise of the South Korean Won Over the Dollar Recent data compiled by CCData shows that the South Korean won surpassed the US dollar to become the largest fiat trading pair in the crypto market. According to the data, the won accounted…

BlackRock May Move $200M from Private Bitcoin Trust to Its Spot ETF upon Approval

Rumors suggest that BlackRock plans to give itself a head start by moving funds from its private Bitcoin trust to its ETF. Giant asset manager BlackRock Inc (NYSE: BLK) may have set plans in motion that will put the company well ahead of its competition if the United States Securities and Exchange Commission (SEC) approves a spot Bitcoin ETF. BlackRock, likely to receive approval according to market observers, may have started the ETF race well in advance. According to Bloomberg ETF analyst Eric Balchunas, there are rumors that BlackRock could…

DWF Labs Commits $1M to Theta Edgecloud Hybrid Computing Platform

Theta Edgecloud stands out in the cloud computing area as it provides a flexible hybrid model designed to meet the diverse needs of businesses and individuals. Venture capital firm DWF Labs has committed $1 million towards advancing Theta Edgecloud, an innovative hybrid cloud computing system within the Theta Labs ecosystem. This strategic investment demonstrates DWF Labs’ desire to shape the future by combining blockchain technology with thriving industries such as video, 3D rendering, AI, and machine learning via Theta’s innovative solutions. DWF Labs Supports Theta Edgecloud Theta Edgecloud stands out…

IEEE to issue blockchain skill certificates on Avalanche in India

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The credentialing system used by the Institute of Electrical and Electronics Engineers (IEEE) will use the Avalanche blockchain to issue tamper-evident certificates in India.  India is the second-largest IEEE membership base outside the United States, with over 75,000 members. The professional association will issue IEEE credentials or certificates to all trainees and users to make the verification process tamper-proof, instant, and secure. The IEEE will issue blockchain certificates via LegitDoc, a blockchain-based credential lifecycle management built by Zupple Labs. Speaking to Cointelegraph, Zupple co-founder Neil Martis said that the Indian…

Ark Invest Is Dumping Large Amounts of Coinbase (COIN) Stock, Here’s Why

The recent batch of dumping Coinbase (COIN) shares has been the largest from Ark Invest in 2023. COIN stock price is around a new yearly high of $140. Cathie Wood’s asset management firm Ark Invest has been liquidating its Coinbase Global Inc (NASDAQ: COIN) stock holdings in big numbers recently. On December 5, ARK executed the sale of up to 237,572 Coinbase shares across its three funds, as indicated by a trade notification. The transaction occurred when Coinbase’s stock closed at $140 per share, resulting in a minimum revenue of…

Crypto Analyst Anticipates 65,000% Rally Signal Today

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The XRP price has been rather stagnant in recent days. However, this could be about to change according to crypto analyst Jaydee. In a recent technical analysis, Jaydee has highlighted a potential golden cross on the 4-day chart which may be confirmed as soon as today. Crucial XRP Price Signal Today? The chart presented by Jaydee shows a potential golden cross, a bullish chart pattern that occurs when a shorter-term moving average crosses above a longer-term moving average. The last occurrence of a golden cross was followed by an impressive…

Anotherblock to Release Michael Jackson’s First-ever Studio Demo on Blockchain

Per the announcement made by Anotherblock, the project will have two packages – the open edition and the limited edition. I Swedish Web3 music startup Anotherblock will release the first Michael Jackson’s studio demo as a digital vinyl on a blockchain-based platform. Jackson and his brothers recorded the track titled Big Boy (One-Derful Version)  in July 1967. The song went on to become the first for the Jackson 5.  Company CEO and co-founder Michel Traore expressed his thrill at his involvement in retelling the story of the early days of…

Elon Musk-backed xAI Notifies US SEC of Its Intentions to Raise $866.3M through Equity Offering

xAI, the Nevada-based tech company, has so far raised $134 million in its bid to achieve $1 billion to further improve AI tools used by GROK. In a bid to grow its market share and infrastructure, Elon Musk-backed xAI Corp. has filed with the United States Securities and Exchange Commission (SEC) to raise an extra $865.4 million through equity sales. The Nevada-based technology company notified the US SEC through Form D, which is yet to be revised, that it has already sold offerings worth about $134.6 million. The company highlighted…