Xai, a layer-3 Ethereum gaming network built on Arbitrum technology, will launch the first phase of its staking rewards this week following January’s XAI token airdrop, providing stakers rewards while further benefiting early supporters. The rollout is tentatively planned for Tuesday, and here’s a first look at how it will all work. Initially, Xai Foundation will create staking capabilities for…
Month: February 2024
Introducing Collective Forecast: Revolutionizing Market Predictions with Community-Driven Insights
PRESS RELEASE. February 26th, 2024. Collective Forecast is proud to announce the launch of its innovative platform, which is set to transform market predictions by harnessing the collective wisdom of traders and influencers. At the core of Collective Forecast lies a diverse group of experienced traders hailing from various corners of the globe, each boasting […] Source: https://news.bitcoin.com/introducing-collective-forecast-revolutionizing-market-predictions-with-community-driven-insights/
MicroStrategy Bitcoin Stash Swells to $10.28 Billion as Firm Buys More BTC
Holding firm to the diehard Bitcoin maximalism of its leadership, MicroStrategy has doubled down yet again on the world’s top cryptocurrency, snapping up an additional 3,000 BTC for roughly $155.4 million in cash over the last ten days, according to a U.S. federal government filing. The purchase brings MicroStrategy’s total Bitcoin position up to a whopping 193,000 BTC, according to…
FLR and UNI Spearhead This Week’s Crypto Gains as Token Economy Holds Above $2 Trillion
In the last week, 23 cryptocurrencies experienced notable gains against the U.S. dollar, with flare (FLR) and uniswap (UNI) leading the charge. Concurrently, dymension (DYM) and helium (HNT) saw significant declines over the same period. FLR and UNI Lead Gains in a Diverse Week for Cryptos, Despite DYM and HNT Setbacks As of now, the […] Source: https://news.bitcoin.com/flr-and-uni-spearhead-this-weeks-crypto-gains-as-token-economy-holds-above-2-trillion/
Bitcoin Price Surges Above $53,000 for First Time Since 2021
The price of Bitcoin pumped Monday morning, rising above the $53,000 mark for the first time since late 2021 following a recent lull in the leading cryptocurrency’s ascent. Bitcoin rose as high as $53,482 on Monday, and remains above the $53K milestone at a current price of $53,409. The price briefly neared $53,000 last week, but then fell back under…
Microstrategy Augments Bitcoin Portfolio by 3,000, Reaching 193,000 BTC Worth $9.88 Billion
On Monday, Feb. 26, 2024, Microstrategy’s Executive Chairman, Michael Saylor, shared that his company has expanded its bitcoin holdings by 3,000, elevating its total to 193,000 bitcoins valued at $9.88 billion at the current market rates. Microstrategy Invests in Additional 3,000 Bitcoin Microstrategy (Nasdaq: MSTR) now possesses 193,000 BTC, valued at $9.88 billion, following its […] Source: https://news.bitcoin.com/microstrategy-augments-bitcoin-portfolio-by-3000-reaching-193000-btc-worth-9-88-billion/
Ethereum Price at 22-Month High as Open Interest Soars and Dencun Nears
Ethereum (ETH) continues to be the top coin. The second biggest digital asset by market cap is trading at 22-month highs on Monday. ETH is now priced at $$3,151, CoinGecko shows, having broke past the $3,000 mark for the first time since April 2022 last week. It has gained 3.5% since the same time yesterday and risen by more than…
Bringing Two Worlds Together: Kinetex Announces ZK Light Client For Bitcoin
PRESS RELEASE. Kinetex is excited to introduce BTCX, a Bitcoin ZK light client built with Succinct Labs. Developed using Succinct’s plonky2x framework and deployed seamlessly through its unified proving stack, BTCX enables EVM-compatible networks to verify the Bitcoin state directly without any centralized actors in between. The creation of this solution is the first step […] Source: https://news.bitcoin.com/bringing-two-worlds-together-kinetex-announces-zk-light-client-for-bitcoin/
How Paris Saint-Germain FC Joined Chiliz as a Validator
How Paris Saint-Germain FC Joined Chiliz as a Validator Chiliz Chief Strategy Officer Max Rabinovitch joined Decrypt’s Stephen Graves at NFT Paris to discuss Paris Saint-Germain FC joining its network as a validator, and how consequential Web3 adoption in sport will come from the grassroots. Source: https://decrypt.co/videos/interviews/spD1tCwb/how-paris-saint-germain-fc-joined-chiliz-as-a-validator
Ethereum Technical Analysis: Upper Resistance Tussle Puts Bulls on Pause
Ethereum’s price movement on Feb. 26, 2024, showcases a strong uptrend despite recent market volatility. With the second leading crypto asset’s price hovering around $3,064, it reflects a significant surge over the past month. At press time, market oscillators and moving averages signal mixed sentiments, hinting at both potential pullbacks and further gains. Ethereum Ethereum […] Source: https://news.bitcoin.com/ethereum-technical-analysis-upper-resistance-tussle-puts-bulls-on-pause/