Bitcoin miner Marathon Digital Holdings has crafted a block that prominently displays the letter “M” by carefully arranging transactions and fee rates within its mining pool. This novel approach introduces a creative twist to block creation in the blockchain realm. Despite this innovative step, Marathon has made it clear that it currently does not offer […] Original
MicroStrategy’s market capitalization reached a new all-time high, crossing the $31.8 billion mark. According to Companies Market Cap, MicroStrategy ranks 606 among the largest companies in the world by market capitalization. Since the beginning of the year, its capitalization has almost tripled by 135.7% over the last month. Source: Companies Market Cap MicroStrategy’s (MSTR) share price has increased by approximately 200% since 2024 began, and at the time of writing, MSTR is trading near $1,880. The cost of its shares has increased from $141 to $670.71 since the start of…
Vancouver, Canada, March 27th, 2024, Chainwire In a significant move to fuel the growth of decentralized artificial intelligence, ceτi AI is proud to announce the establishment of the ceτi AI Partnership Innovation Fund with an initial allocation of $500k USD. This strategic fund is designed to catalyze innovation by forging partnerships with emerging projects at the intersection of AI and blockchain technology. Overview ceτi AI, a leader in decentralized AI infrastructure, is initiating this fund to support projects that align with its mission of democratizing access to advanced AI technologies.…
“When a customer purchases a token on Coinbase’s platform, she is not just purchasing a token, which in and of itself is valueless; rather, she is buying into the token’s digital ecosystem, the growth of which is necessarily tied to value of the token,” she said. “This is evidenced by, among others, the facts that (i) initial coin offerings are engineered to have resale value in the secondary markets and (ii) crypto-asset issuers continue to publicize their plans to expand and support the token’s blockchain long after its initial offering.”…
Bitcoin reaching $100,000 remains a highly feasible target, especially given the fact that the price of the cryptocurrency hit a new all-time high above $73,00 ahead of the halving. In preparation of the explosive move that is expected to follow the halving, Bitcoin whales are going all out as they fill up their wallets with BTC. Large Bitcoin Whales Buy More BTC As the Bitcoin price has retraced from its surge, large Bitcoin whales are taking advantage of the dip to buy more coins at cheap prices. These whales, which…
CryptoX – Cryptocurrency Analysis and News Portal Since the approval of spot bitcoin ETFs in January, DeFi looks ascendant, triggering memories of 2020, aka DeFi Summer, when the space bustled with activity. Source The post Hopes for Another DeFi Summer Soar as TradFi Markets Suddenly Look Less Appealing appeared first on CryptoX. CryptoX Portal
Some users complained about delays in withdrawals, spurring concerns about the exchange’s health. Blockchain data, however, showed that outgoing transactions from KuCoin were processed, with the delays most likely due to the pent-up withdrawal requests. Source
Because the crypto industry remains relatively small, there’s simply not enough capital to lend to people who are bullish and, as a result, they don’t mind borrowing at high rates. While institutions are clearly interested in crypto, they are not actually filling gaps in market demand, Vogelsang pointed out. “A money market off-chain wouldn’t yield 12% just because there’s a lack of supply; someone would fill it. On-chain, that’s not the case,” he said. “It’s a sign of immaturity in that way.” Source
According to Kevin Lu, social finance, or “socialfi” — a combination of social media and decentralized finance — is an innovation that extends Satoshi Nakamoto’s vision of a decentralized financial system to social media. Although it’s not intended to replace today’s traditional social media platforms, socialfi addresses “significant value gaps in current consumer products,” said […] Source CryptoX Portal
Members of the community, however, took the project forward while maintaining an association with Telegram. In September last year, the messaging app officially stamped the network with its endorsement and designated it as its network of choice for Web3 infrastructure. Source