Day: July 25, 2024

Bitcoin (BTC), Stocks Bleed as China Surprise Interest-Rate Cut Signals Panic, Treasury Yield Curve Steepens

boss

“Equity futures are stable after yesterday’s bloody session that shook views across all asset classes,” Ilan Solot, senior global strategist at Marex Solutions, said in a note shared with CoinDesk. “The decision by the PBoC to cut rates in a surprise move only added to the sense of panic.” Marex Solutions, a division of global financial platform Marex, specializes in creating and distributing customized derivatives products and issuing crypto-linked structured products. Original

Will the Bears Continue to Rule?

boss

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

Bitcoin 2024 in Nashville starts today: what to expect

Bitcoin 2024 in Nashville is about to kick off, with industry attention centered on former President Donald Trump’s keynote address on Bitcoin and the whole crypto industry. Hours left before the Bitcoin Conference in Nashville, Tennessee, kicks off, bringing together key industry figures from the crypto world and and high-profile politicians for a comprehensive look at the market. The most attention is focused on former President Donald Trump, who is expected to deliver a “historic message,” event organizer and BTC Inc. chief of staff Brandon Green told media. Despite the…

Bitcoin Nashville starts today: what to expect

boss

Bitcoin Nashville is about to kick off, with industry attention centered on former President Donald Trump’s keynote address on Bitcoin and the whole crypto industry. Hours left before the Bitcoin Conference in Nashville, Tennessee, kicks off, bringing together key industry figures from the crypto world and and high-profile politicians for a comprehensive look at the market. The most attention is focused on former President Donald Trump, who is expected to deliver a “historic message,” event organizer and BTC Inc. chief of staff Brandon Green told media. Despite the hype, the…

Web3 Infrastructure Platform Caldera Raises $15M in Early-Stage Funding

Web3 infrastructure platform Caldera has successfully raised $15 million in an early-stage funding round, signaling strong investor interest in its mission. The funding was led by Founders Fund, a prominent venture capital firm known for backing innovative technology startups. Additionally, Dragonfly and Sequoia Capital participated in the round, further validating Caldera’s vision. Caldera’s primary focus […] Source CryptoX Portal

Morpheus, Decentralized AI Project From Lumerin, Goes Live on Arbitrum Test Network

“Being Web3 native, the user can buy or sell crypto, send stablecoins, access smart contracts and use dapps and DeFi services, which no LLM is connected to today,” the white paper reads. “Regulatory barriers faced by centralized companies prevent them from offering these tools to users, so their models can chat about tasks but not act on the user’s behalf in a Web3 context.” Source

Indian City of Raipur Puts Real Estate Records on Blockchain With AirChains

The Raipur Municipal Corporation administers the area issuing more than 8,000 building permits, work orders, and colony development permissions annually. The corporation floated a tender to have its records on blockchain and AirChain emerged as the partner through that process, Abinash Mishra, Commissioner, Raipur Municipal Corporation told CoinDesk in an interview on Thursday. Source

Ethereum Name Service 153% Rally ‘Underway’, Analyst Says

boss

Even though the crypto market has been quite unstable, Ethereum Name Service (ENS) has been showing a lot of growth potential. ENS has shown it can bounce back with an almost 4% rise in the last week. Its success over the last 30 days has been even better, with a 15% increase. People think that the release of Ethereum ETFs will be a big part of making ENS more well-known and appealing. These ETFs are a big change in the world of cryptocurrencies, and they might get more investors interested.…