The investment manager’s long term model puts BTC’s price at roughly $3 million by 2050. Source: https://cointelegraph.com/news/bitcoin-bullish-setup-ahead-election-vaneck?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
HKMA Project Ensemble partners with Brazil, Thailand for tokenization
The Hong Kong Monetary Authority launch Project Ensemble in March and now has at least three countries participating. Source: https://cointelegraph.com/news/hkma-global-tokenization-brazil-thailand?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Grass Network’s GRASS Token Falls Short in Market Debut After Airdrop
Following its much-anticipated airdrop, Grass’s GRASS token struggles to gain momentum in a challenging market debut on Oct. 28, 2024. GRASS Token Airdrop Stumbles Amid Technical Issues and Market Decline The Grass network, a decentralized layer two (L2) platform on Solana, offers users the option to share their unused internet bandwidth to support data collection […] Source: https://news.bitcoin.com/grass-networks-grass-token-falls-short-in-market-debut-after-airdrop/
How Michael Saylor uses the time value of money to combat fiat devaluation
Michael Saylor combats fiat devaluation by investing in Bitcoin, leveraging its deflationary nature and long-term growth potential, while cash loses value due to inflation. Source: https://cointelegraph.com/explained/how-michael-saylor-uses-the-time-value-of-money-to-combat-fiat-devaluation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Could Bitcoin Challenge Central Banks? A Growing Concern in 2024
Interest in Bitcoin has surged among central banks worldwide, with studies from the European Central Bank (ECB), Minneapolis Federal Reserve, and the International Monetary Fund (IMF) examining its potential effects on monetary policy. Bitcoin’s growing popularity and its perceived wealth redistribution effects are raising questions among policymakers: Could Bitcoin challenge the traditional economic roles of central banks? The ECB recently…
Gate.io Backs Web3’s ‘Ideal Platform’ TON With $10 Million Investment
Crypto exchange Gate.io’s $10 million strategic investment in The Open Network (TON), announced earlier this month, will be used to “enhance collaborations” with the TON Foundation and accelerate the growth of Telegram-based projects, Gate.io Founder and CEO Dr. Lin Han said in a statement. “The TON ecosystem holds strong potential due to its large Telegram user base and fast, low-cost…
Prediction Markets Signal GOP Sweep in 2024: Republicans Poised for All 3 Branches
Donald Trump’s campaign momentum has held strong in recent weeks, with Trump now leading Vice President Kamala Harris. Polls and prediction markets increasingly suggest a possible Republican sweep in 2024. Bettors Weigh In: Will 2024 Bring a Republican Trifecta? Some people are starting to predict that Trump could win all six pivotal swing states—a repeat […] Source: https://news.bitcoin.com/prediction-markets-signal-gop-sweep-in-2024-republicans-poised-for-all-3-branches/
Emory University holds $15M in Bitcoin ETFs: filing
It’s the first United States university endowment to report holding Bitcoin ETFs, according to Bloomberg. Source: https://cointelegraph.com/news/emory-university-holding-bitcoin-etf-filing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Price analysis 10/28: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin ETFs are recording solid buying, a sign that traders believe to be an indicator that BTC will break through the range highs. Source: https://cointelegraph.com/news/price-analysis-10-28-spx-dxy-btc-eth-bnb-sol-xrp-doge-ton-ada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump Crypto Project World Liberty Plans to Issue Stablecoin, Sources Say
Donald Trump’s controversial crypto project, World Liberty Financial—which recently raised $14 million in an initial token sale—has plans to create and issue its own stablecoin, sources familiar with the matter told Decrypt. The stablecoin, a type of cryptocurrency designed to hold a steady value that is often pegged to the U.S. dollar, is still in development and could take some…