The Next Stage for Public Good Funding in Crypto

Companies such as Uniswap, Optimism, Yearn, Gnosis, and 1Inch are examples of early Gitcoin grantees. The collective market caps of those that launched tokens, alongside the private valuations of others that raised capital without live tokens, far exceed the amount of funding initially provided. While many of these companies have given back to the ecosystem by donating to public goods, raising new funds for future rounds remains a challenge. This is especially true during bear markets, when capital is scarce, and venture funding is harder to secure. Source

Why We Won’t See CBDCs Everywhere

So, I understand why, if you view CBDCs as a tool to bring these costs down, you’d favor pushing along their development. But the fact remains that to fix cross-border payments through CBDCs, you’d need to rely on solid worldwide geopolitical relationships. And, unfortunately, we don’t have those. The world is too fragmented, too unruly, to allow CBDCs to be implemented globally. Source

Institutional Whales Bet Big On Bitcoin As BTC Nears $64,000

Este artículo también está disponible en español. Large investors seem to be upping their ante; at least, that’s the story of Bitcoin and its latest rebound to over $63,000 today. And market watchers have indeed taken notice. On the inside, however, is key on-chain data that suggests Bitcoin whale accumulation and the reactivation of dormant wallets may be signs for a super price spike ahead. Bitcoin breaching the $63k level today. Source: Coingecko Related Reading Ki Young Ju, founder of CryptoQuant, pointed to a rise in Bitcoin flowing into custody…

MicroStrategy’s Bitcoin Stash Exceeds 250,000 BTC Following Half-Billion Dollar Acquisition

Este artículo también está disponible en español. Business intelligence firm MicroStrategy, led by Bitcoin (BTC) bull Michael Saylor, announced on Friday a successful $1.01 billion raise through the sale of convertible senior notes, a strategic move aimed at acquiring more BTC and redeeming higher-yielding securities. MicroStrategy Invests Additional $458 Million In BTC Of the funds raised, MicroStrategy allocated $458 million to purchase additional Bitcoin between September 13 and September 19, further bolstering its position as the cryptocurrency’s largest publicly traded corporate holder. As of September 19, the company reported holding…

Cathedra Bitcoin Announces Non-Brokered LIFE Offering to Purchase BTC

Cathedra Bitcoin Inc. has unveiled a non-brokered private placement aimed at raising up to C$2.5 million ($1.85 million). The funds will be used for bitcoin purchases, infrastructure expansion, and general corporate needs. Cathedra Bitcoin’s Bold Private Raise Cathedra (TSX-V: CBIT; OTC: CBTTF) has recently shifted its focus away from bitcoin mining, opting to prioritize bitcoin […] Original

KuCoin’s Alicia Kao Shares Insights on How AI is Accelerating Mass Crypto Adoption at TOKEN2049 Singapore

VICTORIA, Seychelles, Sept. 20, 2024 /PRNewswire/ — Alicia Kao, Managing Director at leading global cryptocurrency exchange, KuCoin, shared her vision on how crypto exchanges are the drivers that hold the keys to unlocking mainstream crypto adoption. Speaking at the OKX Main Stage at TOKEN2049 in Singapore on a panel session titled “Exchanges at the Helm: Driving Crypto from Niche to Mainstream,” Alicia shared that “accessing information about blockchain has become significantly easier…at KuCoin, we leverage complex data analysis algorithms using our trading bots to help users trade more efficiently.” Industry…

Ripple Whales Accumulate Over 380 Million XRP in Just 10 Days: Is A Breakout Near?

Este artículo también está disponible en español. XRP has shown remarkable resilience recently, maintaining its position above a critical support level, though a significant price move still looms. Key data from Santiment reveals that whales are actively accumulating XRP, having purchased over $228 million in the past few days.  Related Reading This aggressive accumulation suggests a growing confidence among large holders as the market rallies toward higher prices. Analysts and investors closely watch XRP, anticipating a breakout from key supply levels that could trigger a rally to new highs.  With…

Prediction Markets Go to Washington(‘s Appeals Court)

As of the time I’m writing this, the contracts are still halted. The appeals court scheduled a hearing for Thursday, giving each party 15 minutes to make its case – though ultimately it ran for some 2.5 hours. We’ll presumably find out if the contracts can restart before the election happens after the hearing, but there’s no firm timeline here. And of course, there’s still the broader question about the appeal itself and how that may go. Source