The Reserve Bank of Zimbabwe (RBZ) has devalued the Zimbabwe Gold (Zig) by 44%, causing the currency to plummet from 13.98 to 24.3 against the U.S. dollar. This drastic move addresses rising exchange rate volatility and inflationary pressures that have plagued the economy since August. According to RBZ Governor John Mushayavanhu, the decision was necessary […] Source: https://news.bitcoin.com/zimbabwe-devalues-gold-backed-currency-by-44/
Space Nation, a budding transmedia franchise, has “soft launched” its massively multiplayer online role-playing game (MMORPG) Space Nation Online as it eyes up the goal of becoming the next Star Wars. The developers believe that the newly released game, built on blockchain, will be the centerpiece to its expanding sci-fi IP. Space Nation Online will spend 12 weeks in this…
Binance founder CZ walks free, former Alameda Research CEO Caroline Ellison sentenced to two years, and more: Hodlers Digest Source: https://cointelegraph.com/magazine/binance-cz-prison-caroline-ellison-alameda-research-hodlers-digest/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
In the past week, meme coins have been on a roll, with shiba inu (SHIB) leading the top five pack, gaining 35.5% against the U.S. dollar over seven days. However, the real standout was MOODENG, the meme token inspired by a baby pygmy hippopotamus from Thailand. The newly launched Solana-based coin hit its all-time high […] Source: https://news.bitcoin.com/meme-coins-shine-shib-climbs-35-moodeng-rises-to-305m-market-cap/
On Friday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their upward momentum, raking in a sizable $494.27 million in inflows. Spot ethereum ETFs followed suit, adding $58.65 million to their tally. Bitcoin ETFs Lead the Charge with $494M Inflows; Ethereum ETFs See Strong Growth Data from sosovalue.xyz shows that 12 U.S. spot bitcoin ETFs collectively […] Source: https://news.bitcoin.com/bitcoin-etfs-pull-in-nearly-half-a-billion-as-ethereum-etfs-join-the-party/
DUBAI, UAE, Sept. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Block Scholes, a renowned quantitative finance firm, has released its latest crypto derivatives analytics report. The report provides a comprehensive analysis of the crypto market’s response to the Federal Reserve’s recent rate cut and highlights key trends in futures, options, and…
The Mega Dice Token (DICE) presale is down to its final 24 hours. Investors have poured nearly $2 million into the presale, which is now in its last stretch. With DICE launching on exchanges on Monday, many investors believe now is the ideal time to invest in this potential GambleFi gem. Mega Dice Presale Nears […] Source: https://news.bitcoin.com/mega-dice-presale-enters-final-day-last-chance-to-buy-dice-before-exchange-listing/
In just 40 days, the U.S. Federal Open Market Committee (FOMC) will gather to decide whether the central bank will lower the benchmark interest rate. This pivotal moment occurs two days after the 2024 U.S. Election Day. As it stands, CME futures data suggests that a half-point reduction is currently viewed as more probable than […] Source: https://news.bitcoin.com/cme-fedwatch-favors-half-point-cut-ahead-of-fomc-meeting/
Telegram gaming has been one of crypto’s biggest winners in 2024. Hamster Kombat pulled in 300 million players ahead of this week’s airdrop, and Notcoin launched a token that neared a $3 billion market cap—a screen-tapping game yielding one of the 100 biggest coins on the planet. All of this revolves around the tap-to-earn mechanic, a simple concept with a…
NFT sales saw a solid increase this week, climbing 4.87% from the previous period to reach a total of $79.38 million. According to cryptoslam.io, the number of NFT buyers jumped by 34.13%, while sellers grew by 28.72%. Top NFT Collections See Gains This Week, Bitcoin-Based Nodemonkes Leads the Pack Throughout the last seven days, Ethereum-based […] Source: https://news.bitcoin.com/nft-sales-climb-4-87-as-ethereum-and-bitcoin-collectibles-dominate/
