Day: November 13, 2024

These stocks have the highest positive correlation with bitcoin

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As bitcoin shoots to new heights, some stocks that trade closely with the digital currency could also see their fortunes rise. Bitcoin has gained more than 32% since President-elect Donald Trump secured a second term last week. Trump indicated his support for cryptocurrencies during his campaign, which could lead to more favorable regulations for the industry. On Wednesday, bitcoin rose above the $93,000 mark for the first time and was last trading more than 3% higher. Against that backdrop, CNBC Pro screened for stocks that have the highest positive correlation…

Bitcoin Consolidates After Recent Surge – Metrics Reveal Moderate Selling Pressure

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Este artículo también está disponible en español. Bitcoin has reached a new all-time high of $90,243 following a week of relentless upward momentum. After days marked by euphoria and rapid gains, the price is now entering a consolidation phase, providing a much-needed pause for the market.  Key data from CryptoQuant indicates moderate selling pressure is emerging, which may signal a brief pullback or stabilization below the $90,000 mark. Related Reading This week will be pivotal in determining Bitcoin’s next steps as traders and investors watch if BTC will hold near…

TOKYO BEAST Teams up With Tools for Humanity, a Contributor to World Network Co-Founded by Alex Blania and Sam Altman

PRESS RELEASE. TOKYO BEAST FZCO (Headquarters: Dubai, United Arab Emirates, General Manager: Tomoe Mizutani, hereinafter TOKYO BEAST FZCO), publisher of the crypto-entertainment project TOKYO BEAST, is pleased to announce that it has entered into a new partnership with Tools for Humanity (Headquarters: San Francisco, CA, USA, Co-Founder and CEO: Alex Blania, Co-Founder and Chairman: Sam […] Source CryptoX Portal

BNB Hackathon in Bangkok Celebrates Blockchain Innovation and Names Winners

Caroline Bishop Nov 13, 2024 17:45 The BNB Hackathon in Bangkok concluded with innovative blockchain solutions, awarding top projects like opMatch and BNB Defi Aggregator. A prize pool of $230,000 was shared among participants. The recent BNB Hackathon held in Bangkok, Thailand, from November 9-10, 2024, showcased the cutting-edge potential of blockchain technology. The event attracted over 100 developers and blockchain enthusiasts who gathered to push the boundaries of innovation, according to BNB Chain’s official blog. The hackathon offered a collaborative space…

Film Development Needs an On-Chain Business Model

Independent producers have an opportunity to make films more efficiently, providing audiences with stories that challenge them to think at a time where it seems films are scared to push the envelope. We need a new model for financing and production, which introduces a new and special asset class for blockchain. Pressman Films, the production company that brought you Wall Street, American Psycho, Conan the Barbarian, The Crow and one hundred more motion pictures over the last 50 years, is now trying to fix what’s broken in film financing by…

Can Dogecoin Price Reach $1 By Year End? Here’s What The Fibonacci Levels Say

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Este artículo también está disponible en español. So far, the $1 target has been a psychological level that market participants expect the Dogecoin price to reach in this bull run. Based on Dogecoin’s Fibonacci levels, crypto analyst Dj Anas has predicted that the foremost meme coin could even reach this target by year-end.  Fibonacci Levels Show That The Dogecoin Price Can Reach $1 By Year-End In a TradingView post, crypto analyst Dj Anas cited Dogecoin’s Fibonacci levels as why he believed the price could reach $1 by year-end. Based on…

Bitcoin overtakes Saudi Aramco by market as price hits $93k

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Bitcoin has overtaken oil giant Saudi Aramco in terms of market cap after the benchmark cryptocurrency surged past $92,000 on Nov. 13. As Bitcoin (BTC) reached $93,000, its market capitalization hit $1.83 trillion. According to data from CompaniesMarketCap, this milestone has pushed BTC above Saudi Arabia’s oil giant, which had a market cap of $1.79 trillion at the time of writing. With the crypto market’s bullish sentiment in place, Bitcoin’s market cap could target the $2.2 trillion market cap of Alphabet/Google. Since Donald Trump’s victory as the next U.S. president,…

Your Idea of a Memecoin Community Is Wrong

As Murad Mahmudov noted at Token2049, memecoins have captured a unique market position because they are fully unlocked; no VCs, no lock-up periods, and often, no tangible revenue. These factors, Mahmudov argues, turn the tokenized meme into the real product — in essence, the value of memecoins lies within community, mission, and meaning. Source