Bitcoin is soaring once again, but Bitcoin.com CEO Corbin Fraser wishes to remind everyone that with its unique set of driving forces, bitcoin is on a long-term trajectory to reshape the global economy Bitcoin Nears Historic Highs but Huge Growth Is Still Ahead Bitcoin’s recent price action has been impressive, with the cryptocurrency approaching […] Original
“We are thrilled to be partnering with Coinbase to help service their customers’ money movement needs,” said Yanilsa Gonzalez Ore, Head of Visa Direct, North America for Visa. The feature allows eligible Visa debit card holders to “take advantage of trading opportunities day and night.” Source
BOB’s aim is to create bridges between itself and layer-1 blockchains like Ethereum, with the ultimate goal of making Bitcoin the center of DeFi. Its decision adds to the critical mass of blockchain developers choosing to build on Optimism’s OP Stack. Original
On-chain data shows the Bitcoin short-term holders have only been taking minimal profits recently despite the asset’s latest rally. Bitcoin Short-Term Holder SOPR Is Currently At Relatively Low Levels As pointed out by an analyst in a CryptoQuant Quicktake post, the short-term holder SOPR is still under the range that has signaled overheated conditions for the asset during the past year. The “Spent Output Profit Ratio” (SOPR) here refers to an indicator that tells us about whether the Bitcoin investors as a whole are selling their coins at a profit…
The Sapien team, led by Rowan Stone, the former co-creator of Coinbase’s layer 2 network Base, and Trevor Koverko, founder of Polymath and author of RWA standard ERC1400, are incentivizing a growing army of data labelling workers with with either USDC stablecoin or a system of reward points. The data work can anything from people labelling everyday items like traffic signs using a mobile device, to pinpointing particular types of cancer cells. Source
“The stress test was conducted with a game called ‘flippyflop,’ developed by Cartridge,” a press release stated. “The tile game saw users competing against bots to check tiles on the grid. Bots worked to undo the gamers’ work by unchecking tiles at random. As such the theme was ‘human vs. machine.’ The high pace of simple transactions generated during this game was designed to be the ultimate test for Starknet’s TPS.” Source
Chainlink hopes CRE will be as important for Web3 as COBOL and JavaScript, which were important for automating finance and bringing it to the internet. Source link
NEAR Protocol was also among the underperformers, falling 2.8%. Source
Bitcoin price pulled back slightly after nearly retesting its all-time high of $73,800 on Oct. 29. Bitcoin (BTC) trading at $71,800 as crypto analysts predicted an eventual bullish breakout in the coming days. In an X post, Mando CT, a crypto trader with over 600,000 followers on X and 300,000 on YouTube, predicted that the bull run was gaining momentum. He also noted that bullish sentiments in the crypto industry were “loud and clear.” $BTC bull run kicks into high gear, gaining momentum faster than light. This cycle will bring…
FBS, a leading global broker, explores the essential role of cryptocurrencies in hyperinflated economies. In the recently published article, FBS experts analyze the benefits of digital currencies in countries like Venezuela, Argentina, Zimbabwe, Nigeria, and Brazil, where national currencies continue to suffer rapid devaluation. As inflation surges in these regions, digital currencies are recognized for their potential to preserve wealth and facilitate transactions outside traditional banking systems. According to FBS analysts, cryptocurrencies offer a flexible, accessible solution, particularly for those facing restrictions on foreign exchange. The adoption of cryptocurrencies —…