Day: November 7, 2024

BNB Chain Unveils Ambitious Plans at Binance Blockchain Week Dubai 2024

Joerg Hiller Nov 07, 2024 10:36 BNB Chain’s participation in Binance Blockchain Week Dubai 2024 highlights its strategic initiatives to empower Web3 innovation, including the BNB Incubation Alliance and Most Valuable Builder program. BNB Chain made a significant impact at the Binance Blockchain Week Dubai 2024, showcasing its dedication to fostering innovation and growth within the Web3 ecosystem. The event featured a range of activities, including insightful panels, dynamic pitch sessions, and keynotes that emphasized BNB Chain’s strategic initiatives. BNB Incubation Alliance:…

CNBC Projects Bitcoin Could Hit $100,000 Before Presidential Inauguration

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Este artículo también está disponible en español. Following Donald Trump’s victory in the US presidential election against Vice President Kamala Harris, optimism is surging in the cryptocurrency market. Analysts are now projecting that Bitcoin could reach new heights of $100,000 before the presidential inauguration, which is just over two months away. Trump’s Election Signals Shift Toward Pro-Crypto Policies With Trump’s administration firmly established, CNBC reports that Bitcoin has already reached an all-time high of $75,500, signaling a potential shift towards a more crypto-friendly regulatory environment starting in 2025.  The combination…

UAE and Chinese Investment Firms Partner on Ethiopian Energy Infrastructure Project

Hodler Investments and GCL Energy Investment have partnered to develop a distributed energy infrastructure project in Ethiopia to power next-generation data centers. Boosting Ethiopia’s Data Center Market The United Arab Emirates (UAE) investment firm Hodler Investments has partnered with GCL Energy Investment to develop a distributed energy infrastructure project in Ethiopia. The project is expected […] Source CryptoX Portal

“Privacy must still come first.” – we’re calling for collaboration with developers as report reveals future innovations and data protection concerns in genomics

New report highlights how genomics could one day determine insurance quotes, solve crimes, tailor support in schools and create fitness plans Concerns raised around third-party data, inappropriate bias, data security, and data minimisation We call for developers to take “privacy-by-design” approach and to join Regulatory Sandbox We have today released a new report on genomics, highlighting the need for a privacy-by-design approach that supports innovation whilst safeguarding privacy. The report shows how genomics could soon impact everyday life in remarkable ways: hospitals might use DNA to predict and prevent diseases,…

Bitcoin Records $75,000 All-Time High: Here’s If BTC Is ‘Overheated’ Now

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Here’s what the legendary Bitcoin Market Value to Realized Value (MRVRV) Ratio says about whether Bitcoin is currently overheated or not. Bitcoin MVRV Ratio Has Risen Alongside The Latest Rally In a CryptoQuant Quicktake post, an analyst has discussed about the MVRV Ratio of Bitcoin. The “MVRV Ratio” is an on-chain metric that keeps track of the ratio between the Bitcoin market cap and realized cap. The market cap here is just the total valuation of BTC’s circulating supply at the current spot price. The other metric, the realized cap,…

TRUMP, MAGA, and other Trump-themed tokens crash after election day

Donald Trump-themed meme coins TRUMP, MAGA, TREMP, and STRUMP have tanked, with their total market capitalization down over 21% on the day, after Trump secured a victory in the U.S. election. MAGA (TRUMP), the largest Trump-themed meme coin in terms of market cap fell 50.7% over the past 24 hours, exchanging hands at $1.71 when writing. The altcoin’s market cap fell from $212 million seen on Nov. 6 to $79 million when writing. MAGA Hat (MAGA) a meme token inspired by Trump’s iconic red hat worn during his political campaigns…

This Metric Points to Rotation From Gold to Bitcoin

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“Analyzing the BTC to gold ratio, we can see that the downtrend [indicative of gold’s outperformance since March] is starting to reverse. Globally, investors will increasingly focus on hedging against currency debasement and capitalizing on the Trump market play, both of which favor BTC,” Noelle Acheson, author of the Crypto Is Macro Now newsletter said. Original

Analysts Debate Bitcoin Next Move As BTC Hits $75K All-Time High

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Este artículo también está disponible en español. Bitcoin has experienced a notable surge in price, reaching an all-time high of $75,358 following the announcement that former US President Donald Trump has been reelected, becoming the 47th President of the United States. So far, the asset’s value has seen a nearly 10% spike in the past day before experiencing a slight correction, trading at $74,037 at the time of writing—a decline of approximately 1.1% from its peak earlier today. The dramatic price increase has prompted widespread discussion within the cryptocurrency community,…

Dogecoin Primed for Massive Breakout: Peter Brandt Says ‘In Musk We Trust’

Dogecoin is set for a major rally, with veteran trader Peter Brandt forecasting new all-time highs as Elon Musk’s influence and a channel breakout drive momentum. Peter Brandt Predicts DOGE Rally: Channel Breakout Signals New Highs With Elon Musk in Play Veteran trader and chart analyst Peter Brandt has indicated optimism about dogecoin’s (DOGE) upcoming […] Source CryptoX Portal