The GoBTC Foundation, established by Gomining, has been officially launched to strengthen Bitcoin’s onchain ecosystem. The foundation’s creation aims to support initiatives that foster greater transaction activity and ecosystem growth. Foundation Established to Foster Bitcoin’s Infrastructure Growth Gomining states that the GoBTC Foundation operates as a vertically integrated entity, focusing on Bitcoin’s layer one (L1) […] Source: https://news.bitcoin.com/gomining-launches-foundation-to-drive-innovation-in-bitcoin-l1-and-l2-projects/
Month: October 2024
Diddy Hires Lawyer of Prison Bunkmate Sam Bankman-Fried
Hip-hop superstar and alleged sex offender Sean “Diddy” Combs isn’t just reportedly sharing a prison unit with crypto criminal Sam Bankman-Fried—he’s also now using the FTX founder’s lawyer. Court filings show that the disgraced musician and producer—who was arrested last month and hit with racketeering conspiracy and sex trafficking charges—has hired one of Bankman-Fried’s lawyers, Alexandra Shapiro. The documents filed…
Bitwise has filed an XRP ETF
The crypto-focused asset manager filed the exchange-traded fund application in the state of Delaware. Source: https://cointelegraph.com/news/bitwise-files-xrp-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FOMO HOUR 209 – LET UPTOBER BEGIN!
FOMO HOUR 209 – LET UPTOBER BEGIN! BTC ETFs see inflows for 8 straight days. SUI enters top 20, $110m of unlocks today. SOL weekly DEX volume flips ETH. Firedancer sees very fast TPS on Testnet. ETH gas up 500% in 2 weeks. EIGEN opens at $7bn FDV. FTX creditors vote in favour of restructuring plan. Dell to sell another…
Metaplanet Adds 107.9 BTC, Holdings Reach 506.7 BTC
The Tokyo Stock Exchange listed Metaplanet Inc. has purchased an additional 107.913 bitcoins (BTC) worth $69.42 million (one billion yen). This brings the company’s total bitcoin holdings to 506.745 BTC, acquired at an average price of $65,101. Metaplanet’s latest BTC purchase comes just under two months after it announced a $70 million stock rights offering […] Source: https://news.bitcoin.com/metaplanet-adds-107-9-btc-holdings-reach-506-7-btc/
‘Hamster Kombat’ and ‘Catizen’ Game Tokens Plummet by 50% After Telegram Airdrops
Just days after a pair of prominent Telegram games launched their long-awaited tokens on The Open Network (TON), the prices of both have fallen more than 50% from their respective peak prices. Hamster Kombat, which attracted some 300 million players to its Telegram mini app over the past few months, launched its HMSTR token last Thursday to mixed reception from…
EIGEN Token Debuts with Early Gains Amid Volatile Trading
The EIGEN token has made its much-anticipated debut on the crypto market, attracting the attention of traders and enthusiasts alike. Released on Monday, the token saw a quick rise and immediate volatility, reflecting the fast-paced and unpredictable nature of the cryptocurrency space. Eigenlayer (EIGEN), a decentralized finance (DeFi) restaking protocol token, peaked at $4.47 shortly after its launch but experienced…
Cryptocurrency Market Decline: How Geopolitics Impact Prices
The cryptocurrency market decline has been significant recently, as global geopolitical events have sent shockwaves through financial markets. Investor uncertainty spiked after reports of missile attacks in the Middle East, causing a notable drop in the prices of major cryptocurrencies like Ethereum and Solana. Ethereum and Solana Plummet Amid Investor Concerns According to data from CoinGecko, the total market cap…
CME’s Bitcoin Friday Futures launch with 31K contracts on day one
CME’s new derivatives product allows market participants to hedge or speculate on Bitcoin price movements in the short term. Source: https://cointelegraph.com/news/cme-bitcoin-friday-futures-launch-31000-contracts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
As Israel, Iran Tensions Rattle Markets, Will Bitcoin Act as a Safe Haven?
The price of Bitcoin wavered Tuesday as dozens of missiles descended on Israel, according to news reports. The U.S. had warned earlier that a ballistic missile strike from Iran was being prepared against the foreign ally. Later, the Iranian Mission to the United Nations said on Twitter (aka X) that Tehran’s response “has been duly carried out.” Bitcoin’s price fell…