Day: November 14, 2024

USDT Issuer Tether Unveils Asset Tokenization Platform ‘Hadron’

Tether’s ambition to venture into asset tokenization, a red-hot trend at the intersection of crypto and traditional finance, has been well-documented as the company strives to diversify from its highly-profitable stablecoin business. The company issues the $126 billion dollar stablecoin USDT and the $600 million gold-backed token XAUT, and reported f $7.7 billion in group-wide net profits this year so far, in large part from the yield on its $80 billion stockpile of U.S. Treasuries. It has used the profits to invest in startups, bitcoin mining, energy production and AI.…

The Post Web: Read, Write, Own, Delegate

The last decade of Web3 has battle-hardened a stack of distributed architecture and incentive games from smart contracts, token economics, DAOs and DeFi. While too complex for people themselves to operate at scale, this technology is primed for AI and the agentic internet, says Outlier Ventures’ founder and Chairman, Jamie Burke. Source

Bitcoin Trader Unrealized Profit Margins At High Levels – Risk Of Correction?

boss

Este artículo también está disponible en español. Bitcoin set a new all-time high yesterday, reaching $93,483, continuing its impressive rally without significant setbacks. Over the past nine days, the crypto leader has surged with minimal dips, not falling more than 5% during this bullish phase. This relentless price action has drawn widespread attention as Bitcoin defies expectations and resists any notable pullback. Related Reading Key data from CryptoQuant reveals that traders’ unrealized profit margins are climbing, indicating that the market may be nearing a short-term peak. High unrealized profit levels…

Bitcoin Surge Drives Deribit to $40.8 Billion Open Interest Peak

boss

Deribit reached an all-time high in open interest this week, totaling $37.6 billion across bitcoin and ether contracts, signaling intensified activity in cryptocurrency derivatives amid bitcoin’s recent price volatility. Amid Bitcoin’s Climb, Deribit Reaches Unprecedented Open Interest High Deribit, a prominent platform for cryptocurrency derivatives trading, has reached an all-time high in open interest across […] Original

BTC Digital Ltd. Announces Signing of Bitcoin Miner Equipment Hosting Agreement

SHENZHEN, China, Nov. 13, 2024 /PRNewswire/ — Blockchain technology company BTC Digital Ltd. ( “BTC Digital” or “the Company”) (NASDAQ: BTCT) today announced that the company has signed a Bitcoin miner equipment hosting agreement with Recte Technologies Company Limited, a digital asset management advisory company in Asia, and ASIA INVESTMENT FUND SP2, a cryptocurrency mining fund in Asia, with plans to provide hosting services for their 1,100 Bitcoin mining machines (the “Hosting Agreements”).   BTC Digital entered into the Hosting Agreements with the two significant clients on November 13, 2024 to manage…

Blockchain’s Quiet Revolution: Unseen Innovations Driving Web3 Adoption

Iris Coleman Nov 14, 2024 16:09 Explore how blockchain’s practical applications in industries like retail, insurance, and real estate are quietly paving the way for Web3 mass adoption, beyond the usual hype. While the excitement around Web3 is often dominated by headlines about DeFi, meme coins, and crypto pumps, the true momentum towards blockchain mass adoption may lie in its practical, everyday applications. According to Gala News, these ‘mundane milestones’ are quietly redefining industries globally, marking a significant shift in how digital…

Bitcoin Bull Tim Draper Eyes Trump’s Return as Catalyst for Private Sector Boom: ‘Very Excited’

boss

This week, the bitcoin bull and venture capitalist Tim Draper shared his excitement on X about Donald Trump’s potential next term. “Every job they cut in the government will create three jobs in the private sector,” Draper eagerly stated. Bitcoin Enthusiast Draper Anticipates Trump’s Next Term Will Unleash Private Sector Growth Venture capitalist Tim Draper […] Original

Dogecoin Price Could See Swift 175% Surge As DOGE/BTC Pair Records Major Breakout

boss

Este artículo también está disponible en español. The Dogecoin price recently surged 20% after President-elect Donald Trump announced the formation of a new Department of Government Efficiency (DOGE) to be led by Elon Musk and Vivek Ramaswamy. Interestingly, Dogecoin is up by about 250% in the past 30 days, far outpacing that of Bitcoin’s 40% increase in the same timeframe.  This Dogecoin price overperformance against the Bitcoin price has seen the DOGE/BTC pair breaking above a descending trendline. Notably, crypto analyst KALEO forecasts substantial gains for Dogecoin against Bitcoin, noting…