Nilam Resources, Inc. (OTC PINK: NILA) has announced its entry into a Letter of Intent (LOI) with Xyberdata Ltd to acquire 100% of the common stock of a special purpose entity called MindWave. The entity will hold 24,800 Bitcoin, which will serve as collateral for raising capital to invest in high-yield generating projects. Under the … Continue reading Nilam Resources Announces Letter of Intent to Acquire 24,800 Bitcoin
In a recent request for public comments on Nasdaq’s application for a rule change to permit the trading of iShares Ethereum Trust, the SEC specifically inquired about unique concerns related to ether’s proof of stake consensus mechanism and concentration of control or influence. Consensys responded to these concerns by explaining that Ethereum’s PoS model incorporates … Continue reading Consensys Urges SEC to Recognize Ethereum's Advanced Safeguards in Comment Letter on ETH ETF Approval
Bitget Research, the research arm of a prominent cryptocurrency exchange and Web3 company, has released a comprehensive report examining the structure and current landscape of the cryptocurrency markets in Western Europe. The report sheds light on the region’s growing adoption of cryptocurrencies, with a substantial number of daily active traders estimated to be between 1.2 … Continue reading Report by Bitget Reveals 1.5 Million Daily Active Crypto Traders in Western Europe
Agora, initiated by Nick van Eck, the progeny of Jan van Eck, the CEO of the renowned investment management firm VanEck, is poised to introduce a new stablecoin named AUSD. This digital dollar is designed to be pegged to the US dollar, offering a secure and stable cryptocurrency option amidst the volatile crypto markets. The … Continue reading VanEck Spearheads Entry into Stablecoin Market with Agora's AUSD Launch
BNB Chain, formerly known as Binance Smart Chain, is putting a spotlight on the more playful side of cryptocurrency with its latest “Meme Innovation Campaign.” The initiative comes as a strategic move to foster creativity and engagement in the meme token market, a niche that has seen both explosive growth and volatile swings in popularity. … Continue reading BNB Chain Launches "Meme Innovation Campaign" with $1M Incentive for Developers
The Bitcoin halving is a significant event that can influence the cryptocurrency market in various ways, impacting supply and demand dynamics, miner profitability, market speculation, and long-term price trends. Traders and investors closely monitor the halving event and its potential impact on the market to make informed decisions and navigate the evolving landscape of the … Continue reading How Should the Bticoin Halving Impact the Cryptocurrency Market
Assessing the market’s state can position the trader in a win-win situation. Analysts use candlestick patterns like the pin bar to determine the optimal trading period. These patterns are essential to their trading methods since they simplify predicting price fluctuations, increasing profit potential. Interpreting Pin Bar Candlesticks A particular kind of candlestick pattern called a … Continue reading How to Learn and Use a Pin Bar Strategy
Multicoin Capital, a prominent venture capital firm specializing in blockchain and cryptocurrency investments, has revealed its participation as a co-lead investor in a $225 million funding round for Wormhole, a key player in the multichain space. The funding round was completed late last year but has only been officially announced now, coinciding with the launch … Continue reading Multicoin Capital invests in Wormhole to enhance crypto interoperability
BitMEX co-founder Ben Delo, a British citizen, is set to face a class-action lawsuit from users after U.S. District Court Judge Andrew Carter determined that he played a central role in an alleged price manipulation scheme on the cryptocurrency exchange. The ruling came after Delo had asked to dismiss the suit, but Judge Carter concluded … Continue reading BitMEX Co-Founder Ben Delo Faces Class-Action Lawsuit Over Alleged Market Manipulation
The decentralized exchange (DEX) ecosystem has witnessed a marked increase in trading activity, driving the dYdX community to take strategic measures to enhance platform security and integrity. In a recent governance vote, the community has approved a proposal to stake 20 million DYDX tokens, the platform’s native cryptocurrency, through the liquid staking protocol Stride. The … Continue reading dYdX Community Votes to Stake $61M in DYDX Tokens for Enhanced Security