A young trader pulled off a pump-and-dump scheme on the coin called QUANT token, but the crypto community countered by rallying the token’s price. Trader Live Streams Token Dump A pump-and-dump coin created by an unidentified young trader saw its market capitalization continue to surge hours after he dumped his holdings on unsuspecting users. Although […] Source CryptoX Portal
Day: November 20, 2024
Frank McCourt's Decentralized Internet Project Enters Ethereum Ecosystem With Consensys Partnership
Frank McCourt's Decentralized Internet Project Enters Ethereum Ecosystem With Consensys Partnership Source
Donald Trump’s Media Company in Advanced Talks To Buy Crypto Trading Exchange Bakkt: Report
A social media company that’s majority-owned by US President-elect Donald Trump is reportedly in talks to acquire Bakkt, a crypto trading and custody firm backed by Intercontinental Exchange Inc. The Financial Times, citing “two people with knowledge of the talks,” reports that the Trump Media and Technology Group, which operates Truth Social, a microblogging platform, is in the advanced stage of talks to acquire Bakkt for an undisclosed amount in an all-stock deal. As of the market close on November 18th, Trump Media & Technology Group Corp (NASDAQ: DJT) had…
Analyst Predicts $200k Bitcoin On Incoming ‘Supply Shock’
Este artículo también está disponible en español. Crypto Rover, a prominent crypto analyst, has identified critical indicators in the market dynamics of Bitcoin, such as a decline in exchange reserves and a favorable chart pattern that suggests a price target of $200,000. Related Reading His analysis is consistent with Bernstein’s long-term projection, which serves to bolster the notion that Bitcoin may experience substantial growth in the years ahead. These predictions have investors and analysts alike anxiously anticipating Bitcoin’s next significant move, as the market is currently in flux. Decreasing Exchange…
The Subtle Way AI Data Centers Boost Bitcoin Mining Economics
“I don’t think the competition for power from AI facilities will significantly impact hashprice,” Mellerud said. “The Bitcoin mining network is a self-correcting mechanism, so reduced hashrate in one country will simply increase profitability of miners in another country, giving them more room to grow.” “My thesis is that the U.S. will have less than 20% of the hashrate by 2030 due to competition from AI facilities, while hashrate will grow elsewhere, particularly in Africa and Southeast Asia,” Mellerud added. Source
Acurx Pharmaceuticals Allocates $1 Million to Bitcoin as Reserve Asset, Shares Slide 26%
Acurx Pharmaceuticals Inc. has decided to take a bold financial step, pledging up to $1 million toward bitcoin (BTC) as a treasury reserve asset. This move signals a pivot in financial strategy for the late-stage biopharmaceutical company. Biopharma Firm Acurx Adopts Bitcoin for Treasury Strategy The board of directors at Acurx Pharmaceuticals (NASDAQ: ACXP) greenlit […] Original
The Protocol: ENS on Bitcoin; Worldcoin, Without the Eyeballs
Plus: What Zuck can teach DAOs about governance. Original
New Yorker involved in $6.5m crypto theft: ZachXBT
A crypto scammer named Ronald Spektor deactivated his social media pages after ZachXBT alleged he aided a $6.5 million theft from a Coinbase user. According to the web3 sleuth, Ronaldd, as he’s known online, participated in a social engineering attack sometime in October. The victim narrated being contacted by a supposed Coinbase support agent and losing their life savings after clicking a malicious link. 6/ When reviewing the TON address which owns Ronald’s Telegram number you can see it was funded from multiple exchanges. You can perform a timing analysis…
$4,000 Solana Price Possible As SOL Breaks Out Of Massive Cup And Handle Pattern
Este artículo también está disponible en español. The Solana price could be gearing up to reach a new ATH of $4,000, according to an analyst who highlighted its recent breakout from a massive Cup and Handle pattern. This bullish signal comes on the heels of recent gains in the Solana (SOL) price, which have pushed it significantly above the $200 mark, indicating strong upward movement. Solana Price Targets $4,000 Breakout A Crypto analyst identified as ‘CryptoRus’ has shared a longstanding prediction that suggests Solana could reach $4,000 by the end…
Digital Currency Group’s Barry Silbert Bets Big on AI Blockchain Bittensor
“If you ask five people: ‘What is Bittensor?’ You will get five different answers,” Silbert, a cryptocurrency OG investor and evangelist, said in an interview. “If you remember early bitcoin, some people would say it’s money, some people would say it’s gold. Some people would say it’s this blockchain […] The way that I look at Bittensor is as the World Wide Web of AI.” Source