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advertisement     Monero (XMR) price has fallen and there are signs of further decline. Meanwhile, Solana's meme coin Moo Deng has seen a sharp increase in price. But it's BlockDAG that's getting a lot of attention. This Layer 1 network with an advanced ecosystem has introduced testnets to excellent reviews and is marked as a potential challenger to Solana. The strength of the testnet generated significant interest in BlockDAG's presale, which raised over $10 million in just 72 hours. Having already raised over $94 million, BlockDAG’s pre-sale has broken records and is quickly becoming the best-performing cryptocurrency of the…
18:05 ▪ 4 Minimum read time up to ▪ Evans S. Since 2020, MicroStrategy founder and executive chairman Michael Saylor has turned his company into a Bitcoin pioneer, amassing over 252,000 BTC. Now he sees an even bigger opportunity. In a recent presentation to Bernstein analysts, Saylor announced his ultimate project: turning MicroStrategy into a $1 trillion “Bitcoin bank.” His strategy is based on the bold belief that Bitcoin as a deflationary asset will redefine global financial markets. From BTC accumulation to Bitcoin bank MicroStrategy's approach relies on mass accumulation of Bitcoin. The company has used debt and equity to…
With so many different opportunities in the presale market, choosing the best place to invest can be difficult. However, Ethereum Genesis investors have made bold and optimistic predictions for Ethereum Genesis' native token, Coin ETFS. ETFSwap Ecosystem. ETFSwap (ETFS) is expected to reach $20 from its current $0.03846, leaving top meme coins like Dogecoin (DOGE) behind, according to Ethereum Genesis investors. ETFSwap (ETFS) Upcoming Beta Platform Launch Fuels Bullish Sentiment ETFSwap (ETFS) is an exciting new trading platform that has been making waves in the market lately. The platform allows users to trade and exchange cryptoassets in tokenized exchange-traded funds…
This week, following Kraken's decision to delist, Monero's price fell below $140. Meanwhile, Ethereum Classic shows strong potential for future growth, with some estimates suggesting it could soar to $13,206.96 by 2050. However, the spotlight is currently on Block DAG, The project raised $10 million in just 72 hours due to tremendous interest from big spenders. This boost increases the total presale to nearly $94 million, making it a highly sought-after cryptocurrency. Analysts even predict that its price could reach $20 by 2027, attracting intense interest from traders and crypto watchers. Analyzing the future price of Ethereum Classic Ethereum Classic…
A German man accused of overseeing a $150 million cryptocurrency fraud has fled after failing to appear in court.Horst Jicha was on trial for securities fraud, wire fraud, and money laundering for his alleged involvement in USI Tech's cryptocurrency scheme.Hit CNBCJicha is suspected of tampering with his ankle bracelet monitor after pretrial services noticed it was no longer working. Jicha subsequently did not respond to an email from Pretrial Services requesting an office visit.More than a day passed before pretrial services notified prosecutors that Jicha's ankle monitor was no longer working. CNBC Reported. After his failure to appear in court,…
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Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. Arthur Hayes has changed his stance on Bitcoin, gaining interest as FXGuys rises in the DeFi space with its Trade2Earn and Trader Funding programs. The landscape of cryptocurrencies is constantly changing, and influential voices like Arthur Hayes, co-founder of BitMEX, often set the tone of market sentiment. Recently, Hayes has reversed his previous bearish stance on Bitcoin, and this change has caught the attention of investors and traders alike. As Bitcoin regains its footing, FXGuys has emerged as a…
(Permanent Musical Accompaniment To The Last Post Of The Week From The Blog’s Favourite Living Canadian)The New Yorker has a fascinating piece about how the Look, We Invented New Money crew buried Rep. Katie Porter’s primary campaign under a couple of truckloads of actual US currency. Rep. Adam Schiff won the primary and will win the general election unless he falls into the Pacific off the Mendocino headlands. I hope he doesn’t owe the crypto cowboys anything more than his soul. Porter, a crypto critic allied with Senator Professor Warren, had $10 million dumped into the race against her, which…
In a recent interview with Bernstein analysts, MicroStrategy co-founder and executive chairman Michael Saylor spoke about the company's ambitious vision to become the world's leading Bitcoin bank, as reported by The Block. revealed. Since 2020, MicroStrategy has been actively acquiring Bitcoin using debt and equity to maximize profits. As of September 2024, the company holds 252,220 BTC, worth over $15 billion, making it the world's largest Bitcoin holder. With a total acquisition cost of approximately $9.9 billion and debt of $4 billion, MicroStrategy owns approximately 1.2% of the total Bitcoin supply. MicroStrategy acquired 7,420 BTC at approximately $61,750 each for…
Last week, Benzinga looked at the outlook for stocks that are popular with many investors. Here are some of the top articles. This week, the S&P 500 and Dow Jones Industrial Average hit record highs, helped by a strong start to the third-quarter earnings season. The S&P 500 and Nasdaq each rose 1.1%, and the Dow rose 1.2%, marking the fifth consecutive week of gains for these major indexes. Despite better-than-expected consumer and producer inflation reports in September, interest rate expectations remained largely unchanged, with traders still expecting a rate cut in November. Meanwhile, despite last week's strong gains, Chinese…