Henry Duckworth, co-founder and CEO of AgriDex, said that growing up in Zimbabwe where waves of currency devaluation has plagued the country’s economy and his experience as a commodities trader at trading behemoth Trafigura inspired him to build AgriDex to streamline cross-border payments for agricultural goods producers. Source
Day: October 29, 2024
Bitcoin Price (BTC) Gain Gives Small Boost to Cryptocurrency-Related Stocks
Perhaps having discounted some of the bitcoin rally with strong gains over recent days, crypto stocks for the most part aren’t posting major advances thus far on Tuesday. Most notably, MicroStrategy (MSTR) – which has vastly outperformed bitcoin prices in recent months – is up just 0.9% for the session. Crypto exchange Coinbase (COIN) is up 1.2%. Checking miners, MARA Holdings (MARA) is ahead 1.4%, Riot Platforms (RIOT) 3% and Hut 8 (HUT) 3%. Source
Analyst Says XRP Price Is Ready For A Breakout As Metrics Turn Bullish, What To Expect
Este artículo también está disponible en español. Crypto analyst Random Crypto Pal has predicted that the XRP price is finally ready for a breakout, just as on-chain metrics turn bullish. With a breakout on the horizon, the analyst also provided insights into price targets that XRP could hit as it moves to the upside. XRP Price Ready For A Breakout Random Crypto Pal predicted in X post that the XRP price was ready for a breakout while sharing a picture of the XRP monthly chart. He remarked that an “explosion…
Bitcoin (BTC) Miner HIVE Digital (HIVE) Expected to Double Its Hashrate in the Coming Year, Initiate at Overweight: Cantor
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Kraken Picked Optimism's 'Superchain' After Getting a Pile of OP Tokens
Crypto exchange Kraken announced last week that it will build a layer-2 network atop Optimism’s OP Stack blockchain framework. CoinDesk is first to report that the deal was reached early this year, involving a grant of 25 million OP tokens, at the time worth roughly $100 million. Source
Public Records Inquiry Reveals the Failure of Salvadoran Bitcoin Millionaire Investor Visa Program
A recently disclosed public records request reveals contradictions between the number of visas issued under the ‘Adopting Bitcoin’ program, which allowed millionaires to acquire Salvadoran nationality, and the numbers publicly disclosed on social media. Public Records Investigation on Salvadoran ‘Adopting Bitcoin’ Visa Program Contradicts Official Numbers With its improvements in cryptocurrency regulation and personal security, […] Original
Kingdom of Bhutan deposits $66m in Bitcoin on Binance
The Kingdom of Bhutan has moved Bitcoin to a centralized crypto exchange for the first time since July 1. Arkham data confirmed that Bhutan’s government sent 929 Bitcoin (BTC), worth over $66 million, on Oct. 29 to a Binance deposit address, slightly reducing its substantial crypto holdings. Officials initially moved 100 BTC, or $7.3 million, to the exchange in what appeared to be a test transaction. Bhutan subsequently transferred 839 BTC, valued at around $59 million, in a follow-up transaction. Arkham began tracking Bhutan’s crypto holdings in September, revealing that…
What This Means For The Crypto Trend
Bitcoin price is now above $70,000 per coin. The recent rally back toward local all-time highs has carried BTCUSD high enough to causes two important moving averages to form a “Golden Cross.” This signal has appeared twice since the bear market bottom and yielded significant results. Let’s take a look at the data and the most recent signal now that it has confirmed. Bitcoin triggers golden cross Bitcoin Daily Golden Cross: 50-Day And 200-Day Moving Averages As pictured above, BTCUSD has triggered a daily golden cross of the 50-day…
RWA altcoin sets ADA community ablaze; AI, and metaverse features to unlock $300t real estate sector
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano could lose support to Propichain as the new altcoin is gaining investor attention for its AI and Metaverse features. Cardano (ADA) has increased slowly over the past month despite rising bullish sentiments, causing doubts among ADA holders. New tokens with high return potential might be the best bet for Q4 2024. This has pushed investors to Propichain’s RWA altcoin. PCHAIN is also catching mass attention with its upcoming…
MetaMask Maker Consensys Cuts 20% Workforce, Faults SEC’s ‘Abuse of Power’
Consensys, one of the main supporters of the Ethereum network, is laying off 20% of its workforce, blaming broader macroeconomic conditions and ongoing regulatory uncertainty, including the Securities and Exchange Commission’s (SEC) “abuse of power” in the space. Source