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  1. PAI

    Like Nashville Bitcoin Conference, US Elections Will Be A ‘Sell-The-News’ Event: QCP

    It is the election season in the United States, and Bitcoin and the broad cryptocurrency industry have never been more involved in the political landscape. From the openly friendly stance of former President Donald Trump to the relatively reserved position of Vice President Kamala Harris, there...
  2. PAI

    Bitcoin Likely to Enter New Bull Market If This Happens: CryptoQuant

    Bitcoin (BTC) recorded significant gains recently, but that does not mean the market is poised for a full bull run. On-chain patterns analyzed by CryptoQuant Quicktake author Woominkyu show that previous bull markets have kicked off while Bitcoin witnessed a decline in market share dominance...
  3. PAI

    SEC Issues Wells Notice to Immutable, Alleging IMX Token Violations

    The SEC’s scrutiny of Immutable underscores a larger regulatory question regarding tokens used within decentralized gaming ecosystems. Immutable’s $IMX token functions as an in-game asset for transactions and ownership on the company’s blockchain gaming platform. Immutable asserts that such...
  4. PAI

    Unprecedented Bitcoin Rally Looms With Crypto Market Poised for Record Highs

    Bitcoin could skyrocket to record highs if Trump wins the election, driven by pro-crypto policies, deregulation, and surging investor demand, predicts Devere Group’s CEO. A Historic Bitcoin Rise in Sight Nigel Green, CEO of financial advisory giant Devere Group, believes bitcoin could hit...
  5. PAI

    Coinshares Report: Inside Bitcoin’s Cost Crunch—Why Mining Expenses Are Hitting Record Highs

    Coinshares’ Q3 mining report, led by researcher James Butterfill, highlights mounting costs and challenges impacting the bitcoin mining industry in 2024. How Bitcoin Mining Industry Giants Are Battling Rising Prices The Coinshares Q3 mining report, with research led by James Butterfill, reveals...
  6. PAI

    Tether (USDT) Reports $7.7 Billion Profits and Record U.S. Treasury Holdings in Q3 2024

    
 
 
 Rongchai Wang
 Nov 01, 2024 07:37
 
 Tether’s Q3 2024 report reveals $7.7 billion nine-month profits, $102.5 billion U.S. Treasury holdings, and a $6 billion reserve buffer, highlighting its financial strength. 
 
 
 
 Tether Holdings Limited...
  7. PAI

    Kraken Received $42Million in OP Tokens to Build Layer-2 Network on Optimism

    Kraken is building a new Layer-2 network called Ink using Optimism’s OP Stack framework Optimism Foundation provided Kraken with 25M OP tokens (worth ~$42.5M currently) The grant includes 5M OP for engineering and 20M OP tied to transaction milestones Kraken joins other major players like...
  8. PAI

    Chainers.io to Redefine P2E with a Player-First, Sustainable Model

    Building a Sustainable, Player-Centric Economy In contrast to earlier P2E models, Chainers.io has structured its economic system with long-term sustainability in mind. Its tokenomics prioritize player participation, with NFT trading, resource collection, and crafting forming the foundation of...
  9. PAI

    Bitcoin Hits Yearly Max Pain With $2.2 Billion Options Expiring

    The crypto market will witness $2.29 billion in Bitcoin and Ethereum options contracts expire today. This massive expiration could impact short-term price action, especially as both assets have recently declined. With Bitcoin (BTC) options valued at $1.94 billion and Ethereum at $344.92...
  10. PAI

    Bitcoin (BTC) Price to Hit New ATH as Long as It Stays Above This Resistance Zone (Analyst)

    TL;DR Analysts share optimistic BTC price predictions. One trader thinks a parabolic increase of $300K is possible sometime next year. The US presidential election on November 5 may drive BTC volatility due to candidates’ contrasting crypto policies. New Peak Under This Condition Bitcoin’s...
  11. PAI

    Here’s What To Expect From The Bitcoin Price In November After Breaking Above $70,000

    The Bitcoin price is back above $70,000 for the first time in four months, with the ‘Uptober’ rally eventually happening as the month ends. This looks to be the start of significant price rallies for the flagship crypto as the market heads into November, which is also historically bullish. What...
  12. PAI

    Russia halts crypto mining in energy-strapped territories

    Russia is set to restrict crypto mining in several of its regions due to ongoing energy shortages, announced Deputy Minister of Energy Yevgeny Grabchak. On Oct. 30, the state news agency TASS confirmed the impending ban, which will affect areas where electricity deficits make it challenging to...
  13. PAI

    Consensys lays off 20% of its total workforce

    Consensys cuts 20% of its workforce due to economic and regulatory challenges. CEO Joe Lubin criticizes the SEC’s actions as a harmful “abuse of power.” The company aims to enhance decentralization and evolve into a “Network State.” Consensys, a pioneering force in blockchain technology and a...
  14. PAI

    Consensys to Cut 20% of Workforce in Strategic Restructuring

    Following the restructuring, ConsenSys plans to concentrate on its core products, specifically MetaMask and the Linea network. MetaMask, a widely used cryptocurrency wallet, will see feature enhancements aimed at improving user experience and expanding its multi-chain functionalities...
  15. PAI

    Grass Network’s GRASS Token Falls Short in Market Debut After Airdrop

    Following its much-anticipated airdrop, Grass’s GRASS token struggles to gain momentum in a challenging market debut on Oct. 28, 2024. GRASS Token Airdrop Stumbles Amid Technical Issues and Market Decline The Grass network, a decentralized layer two (L2) platform on Solana, offers users the...
  16. PAI

    RabbitCoin Brings Next-Level Play-to-Earn With Latest Blockchain Network

    Rocky Rabbit has rapidly emerged as a key player in the Play-to-Earn (P2E) gaming sector, combining exciting gameplay with the tangible benefits of cryptocurrency rewards. Boasting over 29 million total players and more than 1,500,000 holders of its native token, RabBitcoin (RBTC), the game has...
  17. PAI

    BitMEX Launches Political Prediction Markets with 5,000 USDT Prize Pool

    
 
 
 Lawrence Jengar
 Oct 30, 2024 07:20
 
 BitMEX introduces prediction markets for the US presidential election, offering a 5,000 USDT prize pool for traders betting on Trump or Harris. 
 
 
 
 BitMEX, a leading cryptocurrency exchange, has...
  18. PAI

    Web3 TCG ‘Parallel’ to Hold $250,000 Championship in Las Vegas

    Want more? Connect with NFT Plazas Join the Weekly NewsletterJoin our TelegramFollow us on XLike us on Facebook *All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only...
  19. PAI

    Bhutan Govt Sells $66 Million In Bitcoin On Binance: Arkham

    The Royal Government of Bhutan has transferred approximately 929 Bitcoin (BTC), valued at around $66.16 million, to the crypto exchange Binance. On-chain data service Lookonchain first reported the transaction via X. The transfers occurred in two tranches: an initial 100 BTC (approximately $7.1...
  20. PAI

    China’s Fiscal Package Could Send Bitcoin Soaring: Here’s Why

    As the US presidential race heats up, a possible victory for former President Donald Trump could trigger significant economic ripple effects, especially in China. In anticipation, Beijing’s National People’s Congress (NPC) Standing Committee is set to meet from Nov. 4 to Nov. 8 to discuss a...
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