Tag: Parade

Blast, Latest to Ethereum’s Layer-2 Parade, Stands Out From Rivals – in Hype

Aside from the garishness of it all, there’s been criticism of what some commentators describe as a potentially risky setup, where depositors are essentially relying on faith in an undisclosed group of “engineers” – as opposed to more robust security measures – to safeguard their cryptocurrency ahead of Blast’s real launch. For now, user deposits into Blast’s crypto wallet can’t be withdrawn. And at least initially, the juicy yields won’t come from any internal workings of Blast, but from routing deposits to other yield-paying projects, primarily the liquid-staking protocol Lido,…

Cathie Wood’s ARK Invest Buys About $5M of COIN, Continuing Her Dip-Buy Parade

CryptoX – Cryptocurrency Analysis and News Portal Cathie Wood’s Ark Invest grabbed another $5 million of Coinbase (COIN) shares on Thursday, as she continues to show confidence in the crypto exchange even as its share price falls. It closed down 11% on Thursday at $33.53. It fell almost 90% in 2022. Source The post Cathie Wood’s ARK Invest Buys About $5M of COIN, Continuing Her Dip-Buy Parade appeared first on CryptoX. CryptoX Portal

BlockFi Joins the Bankruptcy Parade

Like (so far) every other crypto company, BlockFi has filed for Chapter 11 bankruptcy protection, indicating it believes it can continue onwards after a restructuring process. Like other companies, BlockFi claims it faced “a severe liquidity crunch,” directly citing the collapse of the FTX crypto exchange as a main cause. Despite this, BlockFi is in a better position than FTX due, at least in part, to governance and risk management processes, the filing claims. Source

Macy’s Thanksgiving Day Parade Gets In on NFT Craze With Collectible Balloons

“We were struck by the unique place the parade holds in pop culture, always evolving and reflecting the greatest characters and artists of each generation,” Will Coss, the parade’s executive producer, said in a press release. “To celebrate that history, we created art in a new form through NFTs that would bring the magic of the parade to a new generation and simultaneously while raising funds for our partner Make-A-Wish.” Source

Crypto Will Rain on Banks’ Low-Interest Rate Parade

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A professor at Stanford Graduate School of Business says cryptocurrencies will put an end to the windfall that banks currently enjoy from low-interest deposits. In an Oct 24 interview for the university,  Dean Witter Distinguished Professor of Finance Darrell Duffies said that one way or another, cryptocurrencies are likely to upend banks’ business model within the next decade. Major disruption inevitable Professor Duffie said the public should not be misled by the relatively still-low levels of adoption of decentralized cryptocurrencies such as Bitcoin (BTC); nor should they take the pushback…

Bitcoin (BTC) Soars Past $9,300 in Massive Weekend Pump: Bulls on Parade

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And just like that, Bitcoin (BTC) is right back above $9,000. The past 72 hours have been absolutely stellar for the crypto market, as it saw all digital assets gain notably across the board. BTC, most notably, moved from the low-$8,000s, where analysts expected heavy resistance, to $9,300 where it stands right now. Related Reading: If History Rhymes, Bitcoin May Be Trading Around $12,000 By the End of July With this, the bullish cries of traders all across the industry have returned, despite the fact that they were calling for…

Will Bitcoin (BTC) Rain on Tron (TRX) and BitTorrent’s (BTT) Parade During the Airdrop?

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Fans and investors of Tron and BitTorrent are anxiously waiting for the first BTT airdrop for holders of TRX on Monday, February 11th. The airdrops are particularly unique in that they will happen on the 11th of every month for the next six years. The last airdrop will be on February 11th, 2025. By giving BTT incentives for holding TRX for the next six years, many crypto traders predict that there will be a lot of trading activity surrounding TRX and BTT around the time period of each airdrop. Firstly,…

Will Bitcoin (BTC) Rain on Tron (TRX) and BitTorrent’s (BTT) Parade During the Airdrop?

boss

Fans and investors of Tron and BitTorrent are anxiously waiting for the first BTT airdrop for holders of TRX on Monday, February 11th. The airdrops are particularly unique in that they will happen on the 11th of every month for the next six years. The last airdrop will be on February 11th, 2025. By giving BTT incentives for holding TRX for the next six years, many crypto traders predict that there will be a lot of trading activity surrounding TRX and BTT around the time period of each airdrop. Firstly,…