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Bitcoin News
Blockonomi
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Image Credit: Blockonomi
Metaplanet Completes ¥10 Billion Stock Rights Exercise for Bitcoin Acquisition
- Metaplanet Inc. has successfully completed its stock acquisition rights exercise, raising ¥10 billion ($66.2 million) to expand its Bitcoin holdings.
- 13,774 shareholders participated in the exercise with a 72.8% exercise rate.
- Metaplanet currently holds 861.387 BTC bought at an average price of ¥9.3 million.
- Unexercised rights will be transferred to EVO FUND and the latest purchase was 107 BTC on October 15, 2024.
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Bitcoinchaser
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26
Image Credit: Bitcoinchaser
The Best Crypto Casinos to Play Red Door Roulette
- Red Door Roulette is a live casino game that adds fun bonus rounds from Crazy Time to the classic gameplay of Lightning Roulette, and is a great option for those who want to play with their favorite cryptocurrency.
- The best crypto casinos for playing Red Door Roulette are Stake, Shuffle, Bitstarz, BC.Game, Winz.io, Roobet and Vave which offer smooth interface, various cryptocurrency options, security, and bonuses and promotions.
- The game features traditional betting options such as Straight Up, Split Bet, Street Bet, Corner Bet, and Line Bet. Multipliers of up to 4000x may be gained from a large, colorful wheel with 64 segments.
- The fun starts when a lever is pulled to spin a slot with random numbers from 3 to 15. The chosen numbers will be displayed as colorful betting spots. Bonus numbers can also have a multiplier from 2x to 20x, which can increase the winnings in each round.
- If a player bets on the winning number which is also among the bonus numbers chosen via a Straight Up bet, they will have a chance to win more through the Crazy Time bonus round in the red door, which has different multipliers that can be worth up to 4000x.
- This game supports cryptocurrencies, offering quicker transactions and lower fees than traditional banks, as well as privacy and security. Players can also manage their bankrolls to take advantage of available bonuses and promotions for the game.
- To improve gaming experiences, players must control their funds and budget wisely, familiarize themselves with game mechanics, target Straight Up bets while being flexible in using smart strategies for improved gameplay.
- Red Door Roulette is an exciting game that elevates the thrill of playing roulette by offering exceptional multipliers up to 4000x, played in a fantastic gaming studio by professional croupiers and hosts to give every round an exhilarating feel.
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Altcoinbuzz
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348
Tren Finance Report: A Guide to Asset Tokenization – Part 1
- Asset tokenization is the process of recording the rights of a traditional asset into a digital asset that can be held, sold, or traded on a blockchain.
- Tokenization allows fractional ownership, making it possible for anyone to own fractions of an asset.
- The advantages of asset tokenization include fractional ownership, better transparency, reduced transaction costs, and greater liquidity.
- Asset tokenization is a trillion-dollar market that unlocks new opportunities by converting both tangible and intangible assets into liquid and tradable assets.
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Altcoinbuzz
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123
Secure Crypto Swaps with THORChain on Ledger
- THORChain allows users to swap native assets directly from their Ledger device, without relying on wrapped tokens.
- Ledger Live now supports THORChain, providing secure storage and easy cross-chain swaps.
- THORChain is a decentralized platform that reduces the risk of hacks or fraud on centralized exchanges.
- Using Ledger with THORChain ensures secure crypto swaps while retaining control of assets.
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TheNewsCrypto
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405
Image Credit: TheNewsCrypto
Bitcoin (BTC) Needs to Break This Level to Confirm a Rally to $80,000 and Kickstart Altcoin Season
- Bitcoin must pass the crucial $80,000 barrier to confirm the start of a new bull run and potentially signal the start of an altcoin season.
- Bitcoin's dominance has grown showing great investor trust, but this has resulted in altcoins consolidating or underperforming.
- Rexas Finance (RXS) is one cryptocurrency well positioned to profit from the upcoming altcoin season, which could see other cryptocurrencies surpass Bitcoin gains.
- Rexas Finance is likely to benefit from the growing buzz surrounding its real-world asset tokenizing (RWA) technology, enabling people to tokenize and exchange nearly any physical or digital asset on a worldwide basis.
- Tokenizing real-world assets creates multi-trillion-dollar marketplaces like the $12tn gold market and $379tn real estate sector, and by eliminating conventional entry barriers, fractional ownership makes it easy for anyone to participate in these assets.
- Rexas Finance offers a no-code Token Builder tool to easily generate and release tokens symbolizing actual assets, Rexas Launchpad for linking worldwide investors with creative projects, and Rexas Estate for letting users exchange tokenized property shares.
- As traders and investors move their money out of Bitcoin, Rexas Finance is positioned to thrive with its creative real-world asset tokenizing.
- In its presale Stage 4 at $0.060, RXS offers a good starting place for anybody wishing to profit from the next cryptocurrency surge.
- Analysts have projected up to 5000% returns for RXS as tokenized real-world assets gain popularity and attract institutional and individual investors.
- Rexas Finance is anticipated to dominate the industry with its creative approach to tokenization and asset management, and early RXS investors are positioned to gain from the next wave of capital movement into altcoins when Bitcoin rallies.
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Tokenhell
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313
Chris Larsen’s $10M Kamala Harris Donation Addressed by Ripple’s Garlinghouse
- Ripple CEO Brad Garlinghouse defends the $10 million donation made by Chris Larsen to Kamala Harris's presidential campaign.
- Garlinghouse emphasizes the need for bipartisan support in crypto regulations and calls for a neutral approach.
- Mixed reactions within the crypto community regarding Larsen's donation, with some supporting it and others criticizing the focus on industry interests.
- Ripple continues its regulatory battles with the SEC and maintains its commitment to blockchain and crypto innovation regardless of election outcomes.
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Medium
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167
Image Credit: Medium
Preserving the Core: Snowden’s Call to Uphold Bitcoin’s Principles Against Institutional Pressure
- Snowden emphasizes the importance of staying true to Bitcoin's core principles
- Authorities may increase their efforts to control decentralized tech and encryption
- The crypto community must remain vigilant to safeguard users' freedom and privacy
- Snowden believes we must uphold the main values of decentralized technologies to protect our rights
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Medium
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282
Image Credit: Medium
EDGE AI IN BLOCKCHAIN TECHNOLOGY: TRANSFORMING DECENTRALIZATION AND INTELLIGENCE
- Edge AI refers to the deployment of artificial intelligence algorithms on devices located at the edge of a network, closer to the data source or endpoint.
- Blockchain is a decentralized, distributed ledger technology that securely records transactions across a network of computers.
- The convergence of Edge AI and blockchain technology offers exciting possibilities for industries that require realtime decisionmaking, security, and decentralized control.
- Enhanced Data Privacy and Security: Edge AI processes data locally on devices, minimizing the need to transfer sensitive information to centralized cloud servers.
- Reduced Latency and Faster Decision Making: Edge AI significantly reduces latency by processing data on local devices, enabling instant analysis and action.
- Decentralized Control and Autonomy: Both Edge AI and blockchain technology promote decentralization.
- Efficient Resource Management: Edge AI and blockchain technology can optimize resource management in industries such as agriculture, manufacturing, and logistics.
- Smart Cities: In smart cities, numerous IoT devices, such as traffic lights, security cameras, and environmental sensors, work together to create a more efficient urban environment.
- Healthcare and Remote Patient Monitoring: Edge AI enables realtime health monitoring through wearable devices and IoT sensors, which can analyze patient data locally.
- The convergence of Edge AI and blockchain technology represents a powerful shift toward decentralized, intelligent, and secure systems.
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Cryptonews
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423
Image Credit: Cryptonews
Bitcoin Open Interest Hits Record $40 Billion; Bullish Outlook Bolstered by Macro Factors, Says Report
- Bitcoin recently fell 2.4% but continues trending towards US$70k.
- Open interest in Bitcoin futures has reached a new all-time high of US$40.38 billion, signalling strong bullish sentiment.
- Despite potential short-term volatility, long-term market conditions and macroeconomic factors support sustained Bitcoin growth.
- Analysts note a pattern in Bitcoin open interest, suggesting a disconnect between market speculation and stable demand.
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Newsbtc
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344
Image Credit: Newsbtc
Ethereum Accumulation Rises As 70% Holders Are In Profit: What It Means For ETH Price?
- The total Ethereum (ETH) amount in accumulation wallets has surged to over 19 million.
- The increase in ETH held by accumulation addresses suggests anticipation of a market rally.
- Factors contributing to ETH accumulation include regulatory clarity and approval of Ethereum-based ETFs.
- 70% of ETH holders are in profit, potentially driving ETH prices higher.
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Bitcoinist
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105
Bitcoin Accumulation Hits 2.9 Million BTC: Has the Preparation For A Massive Rally Begun?
- Bitcoin accumulation addresses have surpassed 2.9 million BTC, doubling their reserves in 10 months.
- These addresses belong to long-term investors who show confidence in Bitcoin's future.
- The accumulation behavior is growing rapidly, suggesting strong belief in Bitcoin's long-term value.
- By the end of 2024, these addresses could hold over 3 million BTC, impacting price stability and growth.
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Pymnts
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1.2k
Image Credit: Pymnts
Stripe to Acquire Bridge, Build Stablecoin Infrastructure
- Stripe plans to acquire stablecoin payments platform Bridge.
- Stripe CEO Patrick Collison aims to build the world's best stablecoin infrastructure.
- Bridge, which has grown tenfold this year, helps developers build stablecoin-enabled financial products.
- The acquisition will allow Bridge and Stripe to solve bigger problems and support more consumers and businesses worldwide.
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Bitcoinsensus
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52
Image Credit: Bitcoinsensus
How Bitcoin Could Decide The Fate of the 2024 U.S. Election
- Cryptocurrency has become a significant factor in the 2024 U.S. election, with 16% of voters identifying as part of the Crypto Voting Bloc.
- Both Democrats and Republicans see their parties as more crypto-friendly, highlighting the bipartisan nature of crypto support.
- Crypto donations have surged, making up nearly half of all corporate donations, and could potentially swing the election outcome.
- The growing presence of cryptocurrencies and its influence on the campaign could make cryptocurrency a decisive factor that could swing the election.
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Bitcoinist
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92
Image Credit: Bitcoinist
Critical Bitcoin Indicator Flips Bullish – On-Chain Data Confirms BTC Uptrend
- Bitcoin has surged above $69,000, approaching the previous all-time high of $73,000.
- Glassnode data shows a bullish shift in BTC trend, with the MVRV ratio flipping positive.
- The upcoming US presidential election and positive market sentiment could drive further price appreciation.
- BTC faces critical resistance levels, with the $70,000 milestone holding significant buying pressure.
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Crypto-News-Flash
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432
Image Credit: Crypto-News-Flash
Ethereum Market Cap Plummets $1 Trillion Behind Bitcoin—3 Factors Driving ETH’s 2024 Decline
- Ethereum's market cap has fallen $1 trillion behind Bitcoin.
- Factors driving the decline include declining whale transactions, ETH sales, and slow adoption of ETFs.
- Concerns about centralization following Ethereum's move to Proof-of-Stake are contributing to market struggles.
- Ethereum Foundation has sold off approximately 336,000 ETH over the past four years.
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