The Swiss-based not-for-profit organization the Dfinity Foundation has launched “a decentralized, onchain global acceleration platform.” The new accelerator will initially be funded by a $15 million grant from Dfinity and the ICP Asia Alliance. Fostering the Development of the Asian Web3 and AI Ecosystem The Dfinity Foundation, a not-for-profit organization and key contributor to the […] Source CryptoX Portal
Recent news that the U.S. Securities and Exchange Commission (SEC) is investigating companies associated with the Ethereum Foundation is consistent with the view that there is no more than a 50% chance of spot ether (ETH) exchange-traded fund (ETF) approval in May, JPMorgan (JPM) said in a research report on Thursday. The bank reiterated its view that approval of these products is unlikely next month, a position first expressed in January. The SEC must make final decisions on some ETF applications by May 23. The regulator approved spot bitcoin (BTC)…
The price of Cardano (ADA) has experienced a decline in recent weeks. Following a peak at a 23-month high at $0.808 on March 11, the price of ADA has fallen by over 28%, and it is now hovering just below the $0.60 level. Notably, Cardano has underperformed compared to its competitors, slipping to the 10th position among the largest cryptocurrencies by market cap. However, a crypto analyst, known as Trend Rider (@TrendRidersTR) on X, has declared that ADA is showing clear signs of a bull run based on technical analysis…
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The Australian Securities and Investment Commission (ASIC) said on Friday that it had commenced civil proceedings against NGS Crypto, NGS Digital and NGS Group and the sole directors of the companies: Brett Mendham, Ryan Brown and Mark Ten Caten, respectively. Mendham is also restrained from traveling outside of Australia. Source
Bitcoin changed hands at $70,700 at press time, representing a 67% year-to-date gain, CryptoX data shows. Prices recently surpassed the 2021 peak, reaching fresh record highs above $73,000 well before halving. Historically, new highs have come months after halving. Source CryptoX Portal
PRESS RELEASE. [Singapore, April 12th 2024] Yala, a liquidity and stablecoin protocol, is excited to unveil its new vision for the future “to create a thriving, open ecosystem that unlocks the full potential of DeFi on Bitcoin”. This ambition reflects Yala’s dedication to catalyzing mass adoption of decentralized finance on the world’s most resilient blockchain, […] Original
Bitcoin, the world’s largest cryptocurrency, has caught the attention of the ultra-wealthy elite, as individuals with assets worth millions and billions of dollars are setting their sights on entering the digital asset market, eager to become part of Bitcoin’s innovative and revolutionary ecosystem. Wealth Titans Are Shifting Focus To Bitcoin Investments In a recent interview with CNBC Last Call, Barbara Goldstein, the Managing Partner at R360, an invite-only networking and investment club for the uber-rich, discussed a new shift among wealth titans towards Bitcoin investments. Shedding light on the growing…
New York, United States, April 12th, 2024, Chainwire 99Bitcoins, established in 2013, has recently begun its token presale in an effort to harness the current upward trend in Bitcoin’s value. The 99BTC team, seizing this opportunity, offers its learn-to-earn platform, a longstanding resource in cryptocurrency education. What is 99Bitcoins? 99Bitcoins has been breaking down technical concepts and onboarding newcomers to the crypto world for over ten years as the team can show by the numbers on its social media accounts: over 700,000 YouTube followers, 16,000 Twitter followers and 2 million…
HashKey and the Foundation are focussing their partnership on Hong Kong in the first phase. Source