“Okay so this is interesting because that’s clearly market manipulation, but technically it did cross $1 billion on 1 website. Someone here with a vested interest in Popcat has manipulated the market and pushed it over,” wrote Polymarket user @The_Guru55. “Literally a 1 second pump with 1 order on 1 website is pretty questionable,” they added. Source
The bitcoin price is currently too high versus its production cost and relative to its volatility-adjusted comparison to gold, the report said. Source
What’s giving them hope is that the association was invited for talks with the ministry as part of the pre-budget consultations, unlike in 2022 and 2023. However, ministry officials “did not give us any sense or comment at all,” said R Venkat, a Bharat Web3 Association member who attended the meeting. The Finance Ministry declined to comment. Source
Boyaa Interactive, a public gaming company based in Hong Kong, has announced a strategic investment in the UTXO Bitcoin Ecosystem Fund. The company plans to allocate $1,000,000 to this initiative, aimed at promoting the Group’s business development and expansion in the Web3 industry. Boyaa aims to ‘deepen its presence in the Web3 industry, leverage the […] Original
Terra Classic (USTC) has made headlines with a 17% price increase. Trading and expert attention is currently on the token’s quick ascent. People assume a significant positive divergence caused the bullish momentum. Related Reading Respected crypto expert Javon Marks has shown his positive view of Terra Classic. Marks posted recently on X expressing his opinion that the token may see a significant rise and estimating a target price of $0.08097. Should this optimistic projection materialize, the rise from the existing price would be astounding—279%. Marks’ projection indicates that the holding…
Helium, a blockchain network tailored for the Internet of Things (IoT), has seen its price climb by 11% over the past day, currently valued at $4.96. According to the latest data from crypto.news, Helium (HNT) now holds a market capitalization of around $797 million, ranking it 88th in the global cryptocurrency market cap standings. Over the past week, the cryptocurrency has also seen a significant rise, increasing by more than 40%. The trading volume for HNT has surged by 207% in the last 24 hours, reaching $17.9 million. During this…
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we discuss the import duties exemption measure President Nayib Bukele pushed for and passed in Congress and its possible effects on El Salvador. Bukele Passes Import Duties Exemption Bill for a Decade in […] Source CryptoX Portal
As the Bitcoin 2024 conference in Nashville draws near, scheduled for July 25-27, the BTC community braces for what could be a pivotal moment in Bitcoin’s history. The event is attracting unprecedented attention, possibly set to surpass the landmark announcement in 2021 by Jack Mallers that El Salvador would adopt Bitcoin as legal tender. The anticipation around the conference has been significantly amplified by the scheduled appearance of Donald Trump, the leading US presidential candidate. Rumors that began circulating last week have suggested that Trump might endorse Bitcoin as a…
BTC gains started late Sunday, as incumbent U.S. president Joe Biden said in an X post that he would not contest the upcoming November elections. However, this dropped the odds Republican candidate Donald Trump from Sunday’s 71% to 65% in Asian morning hours Monday on the crypto betting application Polymarket. Meanwhile, odds of sitting Vice President Kamala Harris rose from 16% to 30%. Original
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