The company started as NEAR.AI in 2017, an AI company that had nothing to do with blockchain. The team began building the NEAR protocol in 2018, and the mainnet was rolled out in 2020. Prior to starting Near, Polosukhin was at Google Research, where he worked on developing models and tools that would eventually feed into AI. Source
Microstrategy has bought 12,000 more bitcoins after completing a $800 million convertible note offering. The Nasdaq-listed company now holds a total of 205,000 bitcoins, acquired for an average of $33,706 per coin. The note offering “was well received in the marketplace and upsized to a total of $800 million in aggregate principal amount,” the company […] Original
Eclipse seeks to use a mix of technology from Solana, Celestia, Ethereum and RISC Zero for its proposed scaling solution – basically, speed like Solana with security provided by Ethereum. Apps built for Solana will be able to run on Eclipse with minimal changes, with SOL being the token of the realm. Source
Bitcoin, the world’s largest cryptocurrency asset, has finally entered a new price threshold, surpassing its previous all-time high (ATH) of $69,000, accomplished nearly three ago. Following the latest milestone, crypto enthusiasts and experts are very bullish on the digital asset, predicting further upward movement to unprecedented heights in the upcoming months. Bitcoin Super Cycle Area Set At $80,0000 Cryptocurrency analyst Doctor Profit has shared a positive forecast for BTC with the crypto community on the social media platform X. His analysis, tagged “Big Sunday Report,” delves into the next step…
It’s all about bitcoin (BTC), which accounted for $2.6 billion of last week’s inflows as the U.S.-based spot ETFs continued to add thousands of coins per day alongside a major rally in prices. Year-to-date bitcoin inflows now account for 14% of bitcoin assets under management, said CoinShares. Source
As Bitcoin usurped silver as the eighth most valuable asset, Michael Saylor’s MicroStrategy filled its digital coffers with more cryptocurrency. Virginia-based enterprise software firm MicroStrategy scooped an additional $821.7 million worth of Bitcoin (BTC) following its convertible notes offering to stack more of the world’s leading crypto. MicroStrategy acquired 12,000 BTC from its debt security sale proceeds and excess cash. The company founded by Bitcoin maxi Michael Saylor bought its latest stash at an average price of $68,477 per BTC, reaffirming Saylor’s promise always to buy the top. The Tysons…
Bitcoin’s ascent past the $72,000 mark has elevated its market capitalization beyond the combined worth of all the world’s silver. The cryptocurrency has seen a 52.7% increase in value relative to the U.S. dollar over the past month, with 41.1% of this uptick occurring within a mere two weeks. Bitcoin Retakes the 8th Largest Asset […] Original
Bitcoin Cash’s price hit a yearly peak of $527 on March 3 but has since decoupled from the market trend, bringing the upcoming halving event to the forefront. Despite the crypto market uptrend, Bitcoin Cash (BCH) price has struggled to maintain its bullish momentum in the past week. Historical market data provides critical insights into how the next Bitcoin Cash halving event could impact BTC price action. Miners enter $1.1 billion selling spree ahead of halving Bitcoin Cash has a four-year or 200,000-block halving cycle. The first occurred on April 8,…
In a post via X (formerly Twitter), crypto analyst cyclop (@nobrainflip) has shared a bold prediction and personal success story with his 370,000 followers. Cyclop revealed a staggering $2.5 million profit from an initial investment of $8,000 within a year, attributing a significant portion of this success to investments in Solana-based meme coins. Cyclop’s statement reads, “I made $2.5 million from $8,000 in a year. Most of the profit was made on $SOL meme coins 3 months ago: x400 on ANALOS, x30 on POPCAT, x8 on SILLY. Solana meme season…
Next up in bitcoin’s sight is the globe’s seventh most valuable asset, Google parent Alphabet, whose current valuation is just shy of $1.7 trillion. Some bitcoin bulls have their sights set on the world’s most valuable property – gold and its $14.7 trillion market cap. To get there, bitcoin would have to rise more than 10-fold, or past $720,000 per token. Source