Public Bitcoin miners secured $2B in financing ahead of halving
Miners’ equity funding activity is expected to be lower in the second quarter of 2024, with less than $500 million invested as of mid-May. Go to Source
Month: May 2024
How to Power the Decentralized Artificial Intelligence Revolution – HyperCycle CEO Toufi Saliba
HyperCycle was founded in October 2022 following discussions between CEO Toufi Saliba and Ben Goertzel, founder of SingularityNet, at the global AGI summit in 2021. The company focuses on developing a General Purpose Technology supporting a decentralized network for AI-to-AI communication, designed to scale with the worldwide demand for AI consumption. Leveraging technologies such as … Read more
Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World Yield
On May 21, 2024, Hex Trust Group announced the introduction of a native stablecoin, USDX, for the Flare network. Hex Trust also revealed that a Clearpool vault, enabling holders to earn a real-world yield, will debut alongside USDX. Hex Trust’s USDX Stablecoin and Clearpool Vault Aim to Enhance Flare’s Defi Ecosystem Founded in 2018, the … Read more
Bitcoin derivatives hint at potential rally above $73K — New all-time highs next
Bitcoin derivatives data suggests room for additional price upside in the coming weeks as Ethereum ETF approval chances rise. Go to Source
SEC contacted exchanges to update spot Ether ETF applications: Report
Officials reportedly contacted the Nasdaq, the Chicago Board Options Exchange and the New York Stock Exchange to make updates and changes to existing spot Ether ETF applications. Go to Source
US Spot Bitcoin ETFs Maintain Momentum With Sixth Day of Positive Gains
According to the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) have experienced positive inflows for six consecutive days. Over this period, the spot bitcoin ETFs attracted a total of $1.186 billion. Ark Invest’s ARKB Tops Inflows as U.S. Bitcoin ETFs Gain $237 Million Spot bitcoin ETFs in the U.S. continued their streak of positive … Read more
Crypto insiders anxious and divided as spot Ether ETF decision date looms
Currently, betting markets indicate a 61% chance of U.S. spot Ether ETF approval, up from less than 11% just a few days ago. Go to Source
If Bitcoin doubles, Stacks will 4x in 2025: Daan Crypto Trades, X Hall of Flame
Daan Crypto Trades is a big believer in Bitcoin L2 Stacks and says that after Bitcoin doubles, Stacks will likely quadruple. X Hall of Flame. Go to Source
BEFE Coin’s Spectacular Rise: From Newcomer to Top 100 Meme Coin Phenomenon
Memecoins not only bring laughter but also the potential for significant earnings. Remember how Dogecoin and Shiba transformed the belief that memecoins can turn stones into gold? Now, we have a plethora of memecoins, each one based on the next viral meme, promising similar potential. As the bull market kicks in investors are again busy … Read more
Massive Gain Alert: Bitgert Coin Projected to Surge +600% – The Best Cryptocurrency Investment
Here comes a price Surge that will bring great fortune to cryptocurrency investors. In the coming weeks, Bitgert coin is projected to scale up and surge in its price to a +600% value of its currency. This Will be a massive boom because it will impact the crypto landscape significantly. Once again, Bitgert has introduced … Read more