Author: Crypto Editor

Hong Kong lawmaker Johnny Ng has questioned whether or not the town’s authorities is contemplating Bitcoin as a part of its funding technique.He raised these views in a Dec. 11 assertion, highlighting the rising international recognition of Bitcoin and its decentralized nature regardless of its inherent dangers.The Bitcoin reserve queryNg questioned if the Hong Kong authorities would possibly discover integrating digital property into its fiscal reserves. He additionally requested if the Trade Fund, the funding arm of the Hong Kong Financial Authority (HKMA), may purchase and maintain Bitcoin for long-term strategic functions.The lawmaker additionally questioned whether or not the federal…

Iris Coleman Dec 11, 2024 16:15 Chess Universe introduces Play-to-Earn mechanics on Immutable (IMX), providing gamers unique rewards and web3 possession. Uncover interactive classes, NFTs, and extra on this revolutionary chess platform. Chess Universe, a pioneering Free-to-Play chess sport with Play-to-Earn mechanics, has introduced its integration with the Immutable (IMX) platform, in line with immutable.com. This collaboration goals to revolutionize the gaming expertise by providing gamers not solely a strategic chess gameplay but in addition the advantages of blockchain expertise, together with web3 possession and unique rewards. Revolutionary Gameplay and Unique Rewards The partnership with Immutable introduces a singular mix…

Amongst meme cash, Dogecoin ($DOGE) reigns supreme. With Elon Musk behind it (and a authorities division named after it), there’s no different meme coin fairly like Dogecoin. It’s received a $57B market cap and has grown 285% over the previous yr. Nevertheless it’s not the one big-money play on the town. The meme coin market is especially unstable, even for crypto, with new winners rising each day. $DOGE turned strange traders into millionaires, however the large query is – what’s subsequent?  To assist reply that, listed here are 5 different meme cash with 100x potential. These are all nice initiatives with…

Crypto gaming ecosystem Treasure has launched its new Ethereum layer-2 scaling community, marking its departure from Arbitrum. This transfer will see the undertaking construct on a community tailor-fit to its gaming-specific wants, opening what it says are new prospects for avid gamers.Treasure’s newly launched Ethereum layer-2 community is a part of ZKsync’s Elastic Chain—a community of interoperable zero-knowledge rollup chains—and can natively use the undertaking’s MAGIC token. Consequently, over 15 video games, a whole lot of 1000’s of NFTs, and tokens should be migrated from Arbitrum, with customers ready to take action utilizing the Hyperlane bridge.The undertaking manufacturers itself as…

Massachusetts Mutual, a 173-year insurance coverage large, invested $100 million into the flagship cryptocurrency Bitcoin (BTC) again in 2020. In a press launch, the transfer was famous as giving it a “measured but significant publicity to a rising financial facet of our more and more digital world.” The agency’s Bitcoin holdings, if it didn’t promote any BTC, are actually price over $500 million. As first identified by Pete Rizzo, Editor-at-Massive at Kraken, the insurance coverage large invested within the flagship cryptocurrency 4 years in the past, when Bitcoin was buying and selling across the $19,000 mark after recording from a…

MARA Holdings lately acquired 11,774 Bitcoin for $1.1 billion, rising its complete holdings to 40,435 Bitcoin, valued at roughly $3.92 billion. Utilizing the proceeds from its zero-coupon convertible notes choices, MARA has acquired 11,774 BTC for ~$1.1 billion at ~$96,000 per #bitcoin and has achieved BTC Yield of 12.3% QTD and 47.6% YTD. As of 12/9/2024, we maintain 40,435 BTC, presently valued at $3.9 billion based mostly on a… pic.twitter.com/2uvnrhbxaP— MARA (@MARAHoldings) December 10, 2024 This buy coincided with MARA reaching a big milestone: its hashrate surpassed 50 exahashes per second (EH/s), the primary time a public Bitcoin miner has reached…

Be part of Our Telegram channel to remain updated on breaking information protection Wall Avenue Pepe (WEPE) raised over $4 million in its first week, fueling hypothesis as a possible 100x gem within the meme coin supercycle. The cryptocurrency market skilled a dip over the previous 24 hours, however this pullback stays momentary. Many seasoned traders have weathered far worse downturns prior to now. Investor sentiment continues to shift, with some viewing Bitcoin at $96,000 as a cut price, reflecting robust confidence in future market development. This optimism creates alternatives for initiatives like Wall Avenue Pepe (WEPE), a meme coin…

The US Supreme Court docket has rejected an enchantment by Nvidia Corp., permitting a shareholder lawsuit concerning the agency’s crypto income to proceed.  The lawsuit accuses the corporate of deceptive buyers about its dependence on cryptocurrency mining revenues forward of a big market downturn. Nvidia Crypto Lawsuit May Go to Trial in 2025 The court docket’s resolution follows a November listening to the place justices questioned whether or not the case raised authorized points substantial sufficient to benefit Supreme Court docket intervention.  Within the lawsuit, shareholders declare that in 2017 and 2018, Nvidia’s CEO, Jensen Huang, hid the extent to…

SPONSORED POST* 2024 has already confirmed to be a pivotal 12 months for the cryptocurrency market, with a number of cash demonstrating distinctive progress potential. Because the 12 months progresses, a choose group of one of the best cryptocurrency to purchase now stands out as prime candidates for as much as 100x to 400x progress. These crypto cash possess distinctive traits that place them for important worth appreciation, making them engaging to each seasoned buyers and newcomers to the crypto house. This text will get into the highest cryptos cash poised to make 100x good points within the subsequent 3…

POPCAT has reignited pleasure available in the market as patrons stepped in on the essential $1 assist stage, halting the current pullback and fueling hopes for a renewed rally. This strategic rebound underscores the token’s resilience and rising bullish momentum, setting the stage for a possible climb towards new heights.  With market sentiment shifting and technical indicators flashing promising indicators, the query arises: Can POPCAT maintain this rise and attain recent milestones? Let’s dive into the technical indicators and market dynamics driving this pivotal second. Technical Indicators Sign Power: A Nearer Look At POPCAT Chart The 4-hour Relative Power Index…