Month: July 2024

IOG Unveils Explosive Growth In Key Metrics

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In a recent weekly report by Input Output Global (IOG), the engineering development company behind Cardano (ADA), significant growth for the blockchain has been unveiled. The report highlights notable achievements in Total Value Locked (TVL), transactions and the increasing number of projects being built on the network. Thriving Cardano Ecosystem Per the report, Cardano has reached a milestone of 94 million transactions, showcasing the network’s growing adoption ahead of scheduled upgrades later this year. The report also discloses a TVL of 548.4 million in ADA, further emphasizing the network’s growth.…

SEC Extends Review Period for Bitcoin Trust Options Trading Proposals

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The U.S. Securities and Exchange Commission (SEC) has announced an extension for its decision on proposed rule changes from various self-regulatory organizations regarding the listing and trading of options on trusts holding bitcoin. The organizations involved include Box Exchange LLC, Cboe Exchange Inc., Miax International Securities Exchange LLC, Miax Pearl LLC, Nasdaq ISE LLC, and […] Original

Solana To Explode By 900%, According To Analyst

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With audacious forecasts from experts predicting a significant price rise, Solana (SOL) is drawing interest from the cryptocurrency market. Solana, well-known for its scalable solutions and fast blockchain, is likely to have a breakthrough and maybe reach previously unheard-of levels. Related Reading Pennant Pattern Signals Bullish Continuation Ali Martinez, a well-known cryptocurrency and blockchain expert, has spotted on Solana’s weekly chart a so-called bull pennant shape. Often linked to positive arcs, this trend suggests that SOL may be getting ready for a big move up. When trend lines come together…

NYSE Clears Listing of Bitwise and Grayscale ETH ETFs, Trading Expected Tuesday

Following the Chicago Board Options Exchange’s (Cboe) preparation for five new spot ethereum exchange-traded funds (ETFs) last week, the New York Stock Exchange (NYSE) has confirmed its approval to list the Bitwise and Grayscale ETH ETF. Bloomberg ETF analyst James Seyffart mentioned that he and his colleague Eric Balchunas anticipate the spot ether funds will […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Cory Klippsten’s Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit

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Earlier this year, Swan said it will go public within the next 12 months and the mining unit had 160 megawatts (MW), or 4.5 exahash per second (EH/s), worth of computing power up and running. The firm also said that the mining business has been funded by institutional investors, with more than $100 million and hopes to raise more capital to expand its operations. Original

Don’t Get Shaken Out, Analyst Says Bitcoin And Altcoins Rally Is Just Starting

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The crypto market is again all shades of green, with Bitcoin and altcoins enjoying significant rallies. Crypto analyst Capo of Crypto has provided further optimism, suggesting that these tokens will still make more massive moves to the upside. “The Best Is Yet To Come” For Bitcoin Capo of Crypto opined in an X (formerly Twitter) post that the “best is yet to come” for Bitcoin and altcoins. He noted that Bitcoin is pumping, having reclaimed the $60,000 range as support. The crypto analyst added that altcoins also seem to have…

Trump announcing a strategic Bitcoin reserve unlikely

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Polymarket bettors do not seem confident that Trump will announce a U.S. Bitcoin strategic reserve.  With Bitcoin 2024 starting this week, all eyes are on Former President Donald Trump to see what comments he makes about Bitcoin (BTC) and the crypto industry in general.  Among the speculation, Polymarket bettors are betting on whether Trump will announce plans for a U.S. Bitcoin strategic reserve at the conference.  The specific bet will turn affirmative if Donald Trump announces the “creation of a U.S. strategic reserve of Bitcoin upon becoming president” by the…

Rewarding Flight Trackers in the Age of Web3

It was kind of fair, though. You got access to a platform that costs money to run; in return, you provide some data about yourself. They use this data to sell you relevant ads, ad companies reach the right audience, and everyone wins. As time passed, data collection became more advanced and intrusive, profits increased, while your side of the deal stayed the same. This model was so profitable that it ended up being implemented everywhere — from social media and online newspapers, to TVs that run ads in their…