Bitcoin’s network hashrate has hit a groundbreaking peak of 725.88 exahash per second (EH/s) for the very first time in its history. Imagine this: 725 quintillion hashes are being crunched every second to secure the network. That’s an astronomical number! Over the past year, from Oct. 20, 2023, to now, the network’s computational strength has […] Original
Day: October 21, 2024
No, Polymarket Whales Aren’t Evidence of Prediction Market Manipulation
This is a long-winded way of saying the market is never “wrong.” It simply reflects all available information. If you correctly disagree with the market, you can be rewarded for that belief, by betting yourself. U.S. users have alternatives to Polymarket, which is barred from serving them under a regulatory settlement. If you believe the Polymarket whale a) has meaningfully pushed up the price of the Trump contract, and b) is wrong, you can simply bet against him or her or them by going long on Harris. Even though it’s…
Crypto Exchange Zondacrypto Wins 7th License with CySEC Approval
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The copy trading market is projected…
ApeCoin Climbs 100% On Major Tech Advancements
Este artículo también está disponible en español. ApeCoin (APE) has seen its price jump by over 100% today, driven largely by the rollout of advanced technologies and newly implemented incentive programs. These initiatives are designed to boost user participation and broaden the token’s utility across multiple networks, fueling the recent surge in value. APE up over 100% in the last seven days. Source: CoinMarketCap Related Reading Layer Zero Integration And Interoperability The Layer Zero’s Omnichain Fungible Token (OFT) standard has now been integrated with ApeCoin through the latest update to…
5 altcoins that could achieve 5,000% returns in the coming month
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Emerging tokens are poised for growth in the evolving crypto landscape, with investors eyeing XYZ, a unique memecoin. As the cryptocurrency landscape continues to evolve, certain emerging tokens are poised for exceptional growth. Investors are closely monitoring altcoins that could offer substantial returns in a short timeframe. With market dynamics shifting rapidly, a handful of digital assets are attracting attention for their potential to deliver significant profits to forward-thinking…
U.S. Election Betting: Kalshi's Polymarket Rival Quickly Gets Traction
In just three weeks, Kalshi’s presidential prediction market has passed $30M in volume. It still trails Polymarket’s $2 billion. Source
Miners Showing Unusual Exchange Inflow Activity
Este artículo también está disponible en español. On-chain data shows the Bitcoin miners have been making an unusually high number of transactions to centralized exchanges recently. Bitcoin Miner To Exchange Transactions Metric Has Just Seen A Spike As pointed out by CryptoQuant author IT Tech in a new post on X, the Miner to Exchange Transactions indicator has been high recently. The “Miner to Exchange Transactions” keeps track of the total number of transfers that the miner-associated Bitcoin wallets are making to addresses connected with exchanges. When the value of…
Is Bitcoin warming up for a $100K explosion? Here’s what’s brewing
With Bitcoin sitting near $70K, is $100K the next stop? How will the U.S. election, ETF approvals, and market sentiment impact its future path? Bitcoin is bitcoining Bitcoin (BTC) has been on an impressive bull run, gaining over 2% in the past week as the “Uptober” effect sweeps through the crypto market. As of Oct. 21, BTC is trading at $67,100—a level it hasn’t seen since late July, marking a 3-month high. In fact, BTC briefly touched $69,500 before retreating as bears stepped in to curb the rally. BTC 6-month…
Bitcoin (BTC) Price Pulls Back Below $67K as Crypto Rally Cools
Checking possible catalysts for today’s action, one need look no further than the recent price movement: bitcoin had risen in near-continuous fashion since dipping to just under $60,000 eleven days ago – a modest reversal was surely in the cards at some point. There’s also been a sharp rise in interest rates across Western economies on Monday, among them 10 basis point gains in both the U.S. 10-year Treasury yield and the German 10-year Bund yield. Other things being equal, higher rates can often pressure prices of risk assets, bitcoin…
The Global Digital Asset & Cryptocurrency Association Announces Proposed Information Guidelines for Certain Tokens Made Available in the United States
Proposed Voluntary Framework for Digital Asset Tokens Designed to Identify Material Information Enabling the Market to Make Informed Decisions CHICAGO, Oct. 20, 2024 /PRNewswire/ — The Global Digital Asset and Cryptocurrency Association (Global DCA), in collaboration with Global Blockchain Business Council (BGGC), The Digital Chamber and the Proof of Stake Alliance, today announced the Proposed Information Guidelines for Certain Tokens Made Available in the United States, a comprehensive, voluntary framework designed to enhance transparency and enable informed decision-making in the rapidly evolving digital asset market. Prominent attorneys along with distinguished law…