Month: November 2024

1inch, a decentralized finance (defi) platform, has officially rolled out Fusion+, a cross-chain swapping tool designed to enhance the security and simplicity of decentralized transactions. Fusion+ by 1inch Aims to Improve Security and Usability in Defi Swaps As shared with Bitcoin.com News, the 1inch announcement highlighted Fusion+ as a solution to persistent challenges in cross-chain […] Source: https://news.bitcoin.com/1inch-launches-fusion-a-cross-chain-swapping-solution-for-decentralized-transactions/

Leveraged short positions in ethereum (ETH) have climbed to unprecedented highs, signaling a bearish tilt in market sentiment as traders brace for intensified volatility. Ethereum Bears Bet Big as Futures Market Records Peak Short Open interest in ethereum futures has surpassed $20 billion, setting a new record and highlighting heightened speculative activity. This upswing in […] Source: https://news.bitcoin.com/ethereum-shorts-hit-record-high-as-market-leverage-soars/

Dive into Cipher Mining’s Q3 2024 performance. From revenue challenges to strategic investment in fleet upgrades, data center expansion and plans for AI/HPC. Discover what’s next for this Bitcoin miner! The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Nov. 21, 2024, it […] Source: https://news.bitcoin.com/cipher-mining-will-it-be-another-standout-bitcoin-miner-this-cycle/

Bitcoin races toward $100K, but meme coins still found a way to shine. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Last Week Bitcoin Hit $90K as Trump, Musk, and Meme Coins Shook up the Market Bitcoin […] Source: https://news.bitcoin.com/100k-is-a-hairsbreadth-away/

Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even as the broader cryptocurrency market climbed higher. NFT Market Shifts: Ethereum and Bitcoin Sales Plunge, Solana Gains Ground Data from cryptoslam.io revealed that NFT transactions over the past seven days amounted to $161.47 million. Ethereum NFTs dominated with $51.81 […] Source: https://news.bitcoin.com/nft-fever-cools-ethereum-and-bitcoin-nft-sales-dive-amid-broader-crypto-growth/

Vaneck analysts Nathan Frankovitz and Matthew Sigel believe bitcoin’s price surge to record highs reflects a transformative moment for the digital asset, with a potential cycle target of $180,000 driven by favorable U.S. regulatory developments. Bitcoin Rallies on Regulatory Optimism, Vaneck Predicts More All-Time Highs According to Vaneck‘s mid-November analysis, bitcoin’s recent price spike highlights […] Source: https://news.bitcoin.com/vaneck-analysts-forecast-bitcoins-path-to-180000-amid-regulatory-shift/

SAN JOSE, Calif., Nov. 22, 2024 /PRNewswire/ — Anixa Biosciences, Inc. (“Anixa” or the “Company”) (NASDAQ: ANIX), a biotechnology company focused on the treatment and prevention of cancer, today announced that its Board of Directors has approved the purchase of Bitcoin as a treasury reserve asset. With Anixa’s strong balance sheet and excess cash, this strategic decision aims to diversify…

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Crypto All-Stars (STARS) has become one of the biggest presale events of 2024. Investors are buzzing about the project’s take on meme coin staking, which has helped it raise over $5 million in early funding. With just four weeks until the STARS token presale ends, could this be the last chance to get in on […] Source: https://news.bitcoin.com/final-countdown-for-crypto-all-stars-as-5m-presale-enters-last-month-before-exchange-launch/

Justin Bons, founder and CIO of Cybercapital, a European cryptocurrency fund, alerted about the vulnerability of smaller parties in the case of a bitcoin bank run. A price drop event would trigger the hypothetical event, forcing miners to shut down their operations due to unprofitability and affecting network operativity. Cybercapital CIO Justin Bons Alerts About […] Source: https://news.bitcoin.com/bitcoin-open-to-a-bank-run-smaller-parties-vulnerable-to-death-spiral-event/