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Showing posts from November, 2024

Upcoming economic events 6 November 2024

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Upcoming economic events 6 November 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsau Jibun Bank Japan Services PMI (Oct)49.353.109:002 pointsHCOB Eurozone Composite PMI (Oct)49.749.609:002 pointsHCOB Eurozone Services PMI (Oct)51.251.414:002 pointsECB President Lagarde Speaks------------------14:302 pointsECB's De Guindos Speaks------------------15:303 pointsCrude Oil Inventories1.800M-0.515M15:302 pointsCushing Crude Oil Inventories---------0.681M18:003 points... Coinatory cryptonews

Binance Bets on Thailand Amid Crypto-Friendly Regulations

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Binance Bets on Thailand Amid Crypto-Friendly Regulations Binance is prioritizing Thailand as a key market in its drive to bring cryptocurrency to a global audience of one billion, capitalizing on the country’s progressive regulatory environment. According to The Bangkok Post, Binance’s chief marketing officer Rachel Conlan views Thailand’s regulatory climate as one of the most supportive globally, positioning the nation among the company’s top 20 markets worldwide. Conlan highlighted the country’s ... Binance Bets on Thailand Amid Crypto-Friendly Regulations

Two Leading Crypto Exchanges Drive Bitcoin Reserve Growth Post-FTX Collapse

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Two Leading Crypto Exchanges Drive Bitcoin Reserve Growth Post-FTX Collapse The collapse of FTX in November 2022 underscored the critical need for transparency and stringent asset monitoring in the cryptocurrency sector. This high-profile event marked a turning point, prompting leading crypto exchanges to disclose more details on their reserves and user fund management strategies. As November 6th approaches, the two-year anniversary of FTX’s downfall, data reveals that among major exchanges, only Bitfinex and Binance... Coinatory crypto news

Join the OpenSea Waitlist for the December 2024 Launch!

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Join the OpenSea Waitlist for the December 2024 Launch! OpenSea is a U.S.-based marketplace for non-fungible tokens (NFTs) where users can buy and sell NFTs either at a set price or through auctions. The project has received $425.15M in investment, with backers including Andreessen Horowitz (a16z), Paradigm, Y Combinator, Coinbase Ventures, Balaji Srinivasan, Blockchain Capital, and others. Just recently, the project announced on Twitter that something new is coming: "A new OpenSea is coming. Dece... Coinatory news

Michigan State Pension Fund Invests $10M in Ethereum ETFs

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Michigan State Pension Fund Invests $10M in Ethereum ETFs Ethereum exchange-traded funds (ETFs) marked a milestone with their first state pension fund investment as the State of Michigan acquired $10 million worth of Ethereum-based ETFs from Grayscale, according to a recent SEC filing. This allocation places Michigan among the top five institutional holders of Grayscale’s Ethereum ETF products. Michigan’s latest Form 13F revealed its significant investment in Grayscale’s ETH and ETHE products, posit... crypto news

OpenSea Set to Launch Revamped NFT Platform in December

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OpenSea Set to Launch Revamped NFT Platform in December OpenSea, the leading marketplace for non-fungible tokens (NFTs), will unveil a reimagined platform in December, according to CEO Devin Finzer’s announcement on Monday, November 4. Finzer shared the development on X, describing the new OpenSea as a “ground-up” rebuild aimed at reinvigorating the user experience and advancing innovation in the NFT space. This announcement follows a period of both growth and regulatory challenges for OpenSea. Ju... cryptocurrency news

Upcoming economic events 5 November 2024

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Upcoming economic events 5 November 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:452 pointsCaixin Services PMI (Oct)50.550.303:303 pointsRBA Interest Rate Decision (Nov)4.35%4.35%03:302 pointsRBA Monetary Policy Statement------------------03:302 pointsRBA Rate Statement------------------10:003 pointsU.S. Presidential Election------------------10:002 pointsEurogroup Meetings------------------13:302 pointsExports (Sep)---------271.80B13:302 pointsImports (Sep)---------342... cryptocurrency news Coinatory

Ethereum Compared to '90s Amazon as Wall Street Awaits Its Potential

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Ethereum Compared to '90s Amazon as Wall Street Awaits Its Potential Ethereum’s potential to disrupt and innovate remains undervalued by many on Wall Street, drawing comparisons to Amazon’s early days as an emerging online bookstore in the 1990s, according to insights from 21Shares, a leading crypto asset manager. While Amazon grew to dominate e-commerce and cloud computing, Ethereum is similarly positioned to transform decentralized finance (DeFi), tokenized assets, and other digital markets, research suggests. ... Coinatory cryptocurrency news

Harris and Trump Near Even Odds in Betting as Fraud Rumors Persist

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Harris and Trump Near Even Odds in Betting as Fraud Rumors Persist Democratic nominee Kamala Harris has narrowed Republican rival Donald Trump's lead on blockchain-based betting platform Polymarket, signaling heightened uncertainty as Election Day looms. Polymarket’s odds for Trump remain significantly above mainstream polling figures, yet Harris has gained traction in recent days. On this marketplace, users speculate on outcomes by purchasing "shares" tied to a specific result, with each share worth USDC 1 ... cryptocurrency news

Party Icons Airdrop - Web3 Gaming Platform

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Party Icons Airdrop - Web3 Gaming Platform Party Icons is a mobile Web3 gaming platform that combines the nostalgia of classic party games with the thrill of survival shooters. In just a few days, they’ll be launching their own game, and right now, we can participate in quests that might earn us rewards. Step into the Partyverse and join thrilling quests to earn Party Points (PPts) and unlock exclusive rewards like limited-edition Alpha Boxes! Head over to our official website, comple... cryptocurrency news Coinatory

Changpeng Zhao Outlines Vision Beyond Binance and New Crypto Goals

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Changpeng Zhao Outlines Vision Beyond Binance and New Crypto Goals Former Binance CEO Changpeng Zhao, also known as "CZ," recently offered rare insights into his personal experiences, his relationship with Binance, and his plans for the future at the Binance Blockchain Week conference. Following his resignation as Binance's chief executive under a plea agreement with U.S. authorities, Zhao spoke openly about his time in prison and his next steps. In an interview on the Wu Blockchain podcast, Zhao revealed th... Changpeng Zhao Outlines Vision Beyond Binance and New Crypto Goals

Upcoming economic events 4 November 2024

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Upcoming economic events 4 November 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious09:002 pointsHCOB Eurozone Manufacturing PMI (Oct)45.945.010:002 pointsEurogroup Meetings------------------13:302 pointsECB's Elderson Speaks------------------15:002 pointsFactory Orders (MoM) (Sep)-0.4%-0.2%15:152 pointsECB McCaul Speaks------------------18:002 points3-Year Note Auction----------3.878%20:002 pointsRBNZ Financial Stability Report------------------22:002 pointsRBNZ Gov Orr Spea... Coinatory news

Viral Squirrel ‘Peanut’ Sparks $100M Solana Memecoin Boom

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Viral Squirrel ‘Peanut’ Sparks $100M Solana Memecoin Boom The controversial euthanization of “Peanut the Squirrel” has sparked a memecoin surge on the Solana blockchain, with some tokens reaching market valuations surpassing $100 million. This unexpected wave of Peanut-themed digital assets underscores the power of online culture in influencing decentralized finance (DeFi) markets. Peanut’s death came after New York's Department of Environmental Conservation (DEC) reportedly confiscated and euthaniz... cryptonews

Trump-Themed Meme Coin Surges 40% Amid Milwaukee Rally Controversy

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Trump-Themed Meme Coin Surges 40% Amid Milwaukee Rally Controversy After Milwaukee Rally Issues, Trump-Themed Meme Coin Sees Unexpected Spike After former President Donald Trump’s recent Milwaukee rally faced unexpected technical difficulties and criticism for what many considered a visibly agitated performance, one Trump-themed meme coin, TrumpCoin, surged by 40% as other coins tied to the ex-president slumped. Mixed Market Response Following Trump’s Milwaukee Appearance The rally, intended to bolster... Coinatory

SafePal Unveils Telegram Crypto Wallet with Visa Card Support

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SafePal Unveils Telegram Crypto Wallet with Visa Card Support In a strategic move to capitalize on Telegram’s rapidly expanding crypto ecosystem, SafePal, a self-custodial cryptocurrency wallet provider, has launched a Mini Wallet App on Telegram Messenger. This wallet enables Telegram’s 950 million users to create crypto-enabled, compliant Swiss bank accounts directly within the app. Officially introduced on November 2, the Mini Wallet App had a pre-launch reveal during the TON Gateway event, which celebr... Coinatory crypto news

21Shares Files for Spot XRP ETF as Crypto Demand Evolves

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21Shares Files for Spot XRP ETF as Crypto Demand Evolves Crypto asset management firm 21Shares has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC), initiating the regulatory process for a spot XRP exchange-traded fund (ETF). This proposed fund, dubbed the 21Shares Core XRP Trust, marks the second XRP-focused ETF application, following a similar filing by Bitwise in October after it established an XRP Trust in Delaware. The move underscores a broader trend among issuers to e... 21Shares Files for Spot XRP ETF as Crypto Demand Evolves Coinatory

Space and Time Testnet Campaign with $50M Investments

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Space and Time Testnet Campaign with $50M Investments Space and Time Testnet is introducing an innovative solution to the market: the first-ever verifiable data warehouse that combines a full range of developer tools in a decentralized setup. This makes it easier to build comprehensive decentralized applications, more advanced smart contracts, and verifiable AI. Welcome to the Space and Time testnet campaign! During this testnet, we’ll launch a series of quests for you to explore, interact with,... cryptocurrency news

Microsoft Commits $10B in Strategic AI Expansion

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Microsoft Commits $10B in Strategic AI Expansion Microsoft has unveiled a substantial new commitment in the AI space with plans to invest nearly $10 billion in CoreWeave, a data center startup specializing in AI-optimized cloud infrastructure. The investment, spanning from 2023 to 2030, is aimed at harnessing CoreWeave’s high-performance data centers to support Microsoft’s expansive AI initiatives, according to a report from The Information. The partnership is expected to transform CoreWeav... Coinatory cryptocurrencies news

ConsenSys Rebuts SEC, Calls MetaMask Allegations Baseless

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ConsenSys Rebuts SEC, Calls MetaMask Allegations Baseless Ethereum infrastructure powerhouse ConsenSys has formally rebutted the U.S. Securities and Exchange Commission’s (SEC) allegations of federal securities law violations, heightening its legal stance against the regulator. The SEC previously targeted ConsenSys’ crypto wallet, MetaMask, accusing it of operating as an unregistered broker and securities issuer—claims that ConsenSys categorically denies. In its recent court filing, ConsenSys critic... Coinatory news

Bitcoin Whale Offloads 2,019 BTC as Market Wavers Under $70,000

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Bitcoin Whale Offloads 2,019 BTC as Market Wavers Under $70,000 Amid a recent Bitcoin price retreat below $70,000, one significant holder—commonly referred to as a "whale"—panicked, unloading 2,019 BTC worth approximately $141.5 million. This sell-off, fueled by concerns of a further market downturn, follows a series of major sales by the same address. According to on-chain data provided by Lookonchain, this whale had previously offloaded 5,506 BTC since early October, amassing sales valued at over $366 mill... Coinatory cryptonews

Stablecoins Lead South Korea’s Trade Sector Surge, Tether Dominates on Tron

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Stablecoins Lead South Korea’s Trade Sector Surge, Tether Dominates on Tron The rapid adoption of stablecoins in South Korea’s trade sector is significantly enhancing the country's financial ecosystem, with Tether (USDT) on the Tron blockchain driving a substantial share of transactions. Recent government data reveals that stablecoins now account for approximately 10% of domestic trade transactions. This shift is largely attributed to the efficiency and cost-effectiveness of stablecoins, especially for small traders ... Coinatory cryptocurrency news

ETFs Drive Bitcoin Surge but Political and Technical Factors Also Key

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ETFs Drive Bitcoin Surge but Political and Technical Factors Also Key Ryan Lee, chief analyst at Bitget Research, highlights that while Bitcoin exchange-traded funds (ETFs) significantly influence Bitcoin’s recent price run, a range of political, technical, and economic factors are also fueling the cryptocurrency’s momentum. Since the launch of spot Bitcoin ETFs in the U.S. in early 2024, these products have attracted over $24 billion in net inflows, including $5.4 billion in October alone. However, Lee undersc... crypto news

Gradient Network: Earn Tokens Just by Browsing – Just Like Grass!

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Gradient Network: Earn Tokens Just by Browsing – Just Like Grass! Gradient Network is an open platform for edge computing on Solana. Their goal is to make computing inclusive, accessible, and affordable for everyone. They believe edge computing will be at the forefront of this transformation. It works similarly to Grass. Like before, all you need to do is install an extension in your browser, which will generate points in the background while you browse. Later on, these points will be converted into project... Coinatory crypto news

MicroStrategy Plans $42B Bitcoin Buy Amid Strategic Stock Sales

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MicroStrategy Plans $42B Bitcoin Buy Amid Strategic Stock Sales MicroStrategy, led by Bitcoin evangelist Michael Saylor, announced a bold plan to further its Bitcoin acquisition strategy by raising funds through stock sales and other capital sources. CEO Phong Le shared the company’s intention to buy an estimated $42 billion worth of Bitcoin by 2027 during an Oct. 30 earnings call. The ambitious plan, dubbed “21/21,” outlines $21 billion to be raised through debt issuance and another $21 billion from equity ... Coinatory cryptocurrency news

U.S. Crypto Industry Eyes Supportive Washington, Regardless of Election Outcome

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U.S. Crypto Industry Eyes Supportive Washington, Regardless of Election Outcome After years of regulatory contention with President Joe Biden’s administration, the U.S. cryptocurrency industry is cautiously optimistic about a more supportive stance from Washington, regardless of the upcoming election results. Top crypto asset managers like Bitwise and Canary Capital are positioning themselves for new product launches, anticipating a friendlier regulatory landscape, while companies like Ripple are planning an increased push ... U.S. Crypto Industry Eyes Supportive Washington, Regardless of Election Outcome Coinatory