Aurelia Butler

One of those is also Bitcoin which was marked with an upward arrow, which presumably means either the amount of BTC accumulated by the country or the value of the BTC holdings. Or it could be both.Elon Musk responded to that tweet, stating that those achievements were “super impressive.”Bitcoin soared to recover the $71,000 price level for the first time in many months. While El Salvador continues to accumulate BTC, other large entities, including governments are selling. Earlier today, the @lookonchain analytics account reported that the Royal Government of Bhutan deposited 292 BTC to the Binance exchange. That amount of Bitcoin is valued at roughly $66.16 million.Musk warned that this function is still at an early stage but “it is already quite accurate and will become extremely good.” He asked X users to send him feedback in the comments to say where Grok gets it right or whether it needs to be improved.Right away, an X user shared the results of Grok analyzing a blood test. He wrote: “Seems to be accurate with blood tests result example.” Musk responded: “Cool.”This article was originally published on U.Today More

He revealed that the MVRV (Market Value to Realized Value) Pricing Bands has signaled this potential rally and local top for Bitcoin. This metric highlights whether the BTC price is undervalued, overvalued or near a market top based on historical data. The MVRV ratio compares the market capitalization of Bitcoin to its realized capitalization, giving price thresholds in terms of potential tops or bottoms.Meanwhile, Bitcoin is currently trading at $71,194 after a price surge of 3.36% over the past one day. Notably, the price has soared 8.38% over the last 30 days, indicating sustained positive momentum during this time. The trading volume of Bitcoin has also jumped 103.3% in the last 24 hours. This indicates rising trading activity, which can ultimately sustain this bullish momentum.This article was originally published on U.Today More

The JAN3 boss clearly expects that the leading cryptocurrency is likely to continue rising.In a tweet, Mow shared his bullish take on this price movement: “The real action hasn’t even started yet.”Samson Mow is known for his frequent predictions of Bitcoin soaring to $1 million in the near future.The data source stated that this whale transferred 159 BTC to Binance. That is the equivalent of $11.32 million.Aside from that, there were two other dormant Bitcoin wallets that had awakened within less than 48 hours. One of them was spotted active again on Monday, and it contained 16 BTC. Back in 2013, when this Bitcoin was last moved, it was valued at $1,147,359. In 2013, these Bitcoins were worth roughly $2,160; therefore, this whale potentially received a 53,018.5% bonus on their profits.The second wallet is from the Satoshi Nakamoto (enigmatic Bitcoin creator) epoch – 2010, the year at the end of which he disappeared from public view.That wallet held 28 BTC, which were worth less than $9 in 2010, with Bitcoin worth $0.30 at its peak. Now, this has turned into a fortune of $1,995,139 if sold.Bitcoin has been growing in price for the past week. Over the past two days, it has added 5.22%, and since Friday, the growth has constituted an impressive 7% as it surged from the $66,500 zone to $71,125, where BTC is currently changing hands.This article was originally published on U.Today More

PAID Network ($PAID), a leading decentralized token crowdfunding platform, is thrilled to announce the launch of an exclusive Low FDV Community Offering (LCO) for Blast Royale, a Tier 1 blockchain game backed by industry giants such as DragonFly Capital, Mechanism Capital, and Animoca Brands. With over 1 million app downloads, 30,000+ daily active users, and a vibrant community exceeding 220,000 members, Blast Royale aims to make a significant impact in early November through PAID’s platform alongside over a dozen other projects that have committed to this initiative. Pioneering a Community-First Investment ModelIn a move set to redefine the blockchain investment landscape, PAID Network is introducing a first-of-its-kind community-centric investment model that, according to PAID, directly addresses the longstanding issues of low float and high Fully Diluted Valuations (FDVs). By offering Blast Royale at a low $10 million FDV—substantially lower than the last round at $48m FDV —PAID is putting the community at the forefront, ensuring early investors have the potential for wealth generation at a large discount compared to other rounds. (Blast Royale’s previous rounds led by Animoca Brands, & Mechanism incl. 2022 FDV of 33.7M and Early 2024 FDV of 48M). Kyle Chassé, Founder of PAID Network, stated:A Major Rebrand Reflecting Community-First ValuesAlongside the LCO for Blast Royale, PAID Network has undergone a transformative rebrand and UX/UI overhaul. This evolution reflects PAID’s commitment to being a community-first crowdfunding platform, emphasizing a theme of financial freedom and prosperity for all.New SiteCommenting on the vibrant new identity, Kyle added:About PAIDFounded in 2021, PAID is a decentralized crowdfunding platform that connects innovative projects with investors. By ensuring a secure, transparent, and community-first crowdfunding experience, PAID has become the leading global investing platform for Web3 projects. To date, PAID has facilitated over $35 million in capital across 110 investments and is integrated with over ten blockchain networks. With a thriving community of over 250,000 members, users can stake the $PAID token to unlock various benefits, including rewards, buyback & burn mechanisms, and governance participation. The $PAID community fund invests in exclusive early-stage deals, distributing returns to loyal users.PAID SocialsX | Telegram Community Channel | Telegram Announcement Channel | Discord | Medium ContactJustin ChevalierJustin@paidnetwork.comThis article was originally published on Chainwire More

The aggressive Bitcoin accumulation strategy of CEO Michael Saylor seems to be working, as MicroStrategy’s stock performance closely tracks changes in the price of Bitcoin. As investors become more interested in Bitcoin due to its price spikes, Coinbase (NASDAQ:COIN) Global, one of the other crypto-related stocks, is up 2.6%. Bitfarms, a significant Bitcoin mining company, saw a premarket gain of 61%, and Hut 8 and Riot Platforms (NASDAQ:RIOT) also saw increases of 34%. Marathon Digital Holdings (NASDAQ:MARA) increased three points to join the rally. In the meantime, ETFs that track Bitcoin, such as iShares Bitcoin Trust and ProShares Bitcoin Strategy ETF, saw gains of 2.5%, indicating increased confidence in the Bitcoin industry. According to data from “Saylor Bitcoin tracker,” MicroStrategy has seen a significant increase in the value of its Bitcoin holdings. With an average cost basis of about $39,464, the current price of $71,201 has resulted in significant unrealized profits, with a total estimated profit of over $8 billion.MicroStrategy’s position was further reinforced by the recent acquisition of 87,420 Bitcoin on Sept. 20 at a price of $61,750 per Bitcoin. This acquisition added substantial value because the price of Bitcoin has since increased significantly. Bitcoin’s potential to hit new highs has boosted investor sentiment, as evidenced by the robust premarket performance of cryptocurrency stocks. Bitcoin may support further gains in all crypto-related assets if it continues on its current upward trajectory. These gains are not assured, though, due to Bitcoin’s volatility and continuing optimism will probably rely on the cryptocurrency’s capacity to maintain above the crucial $70,000 mark. The rally has confirmed Saylor’s long-term outlook on digital assets as MicroStrategy’s approach is strongly linked to the performance of Bitcoin. If Bitcoin continues to rise to new all-time highs, MicroStrategy and its cryptocurrency industry peers appear to be well-positioned to profit from its momentum.This article was originally published on U.Today More

Student Coin, an educational crypto project established in 2019, has initiated a structured token redemption process following the decision to wind down its primary operations. This move aims to protect the interests of STC token holders as the team transitions its focus towards new ventures.Originally launched by undergraduates from Kozminski University in Warsaw, Poland, Student Coin began as a student-focused initiative designed to explore blockchain applications in academia. The project quickly expanded, reaching over 15,000 students at more than 500 universities by the end of 2020. Throughout its development, Student Coin introduced various products, including the STC Wallet, STC Terminal, STC Academy, and Coinpaper, which supported blockchain education and fostered community engagement.Following the success of its 2021 STC Launchpad, the project experienced continued growth, culminating in a user base of over 200,000. However, as the crypto market evolved, the team faced challenges ranging from legal obstacles and university resistance to the collapse of major exchanges, all of which impacted its operational outlook.After careful consideration, the Student Coin team opted to phase out products such as the STC Terminal, STC Academy, and other initiatives. This decision reflects the company’s intention to act responsibly by redeeming $STC tokens instead of continuing with limited prospects for growth.The decision was made to distribute all remaining project funds between token holders, ensuring that through winding down the token, everyone receives fair compensation based on their individual situation.The established redemption prices range between $0.006 and $0.0137 per STC Token and are tailored to individual user profiles. Factors such as purchase price, purchase date, token holdings, and participation in programs like the Premium Program influence the final redemption value. This tiered system rewards those who have been with the project from the start and actively engaged with the Student Coin ecosystem.Image: STC token’s historical price index along with the major events affecting its fluctuations.On-chain holders can transfer tokens to a designated burn address. Users should expect a processing time of up to three months to receive the USDC back to the address. Keep in mind that USDC can only be sent to the address that burned $STC. Users cannot receive USDC at any other address. Furthermore, it is extremely important to remember that users cannot send $STC to the burn address directly from an exchange, as they would lose all of their funds.Read the detailed on-chain burn procedure.For more information, please visit StudentCoin.org.ContactCoinpapercontact@coinpaper.comThis article was originally published on Chainwire More

ARQ Securities is pleased to announce it has received its Digital Alternative Trading System (ARQ Securities ATS) and is launching the platform on Liquidity.io [today October 29th, 2024]. Liquidity.io is a cutting-edge platform designed to revolutionize the trading and settlement of private credit and private stock for accredited and institutional investors. It took nearly three years of extensive software development while acquiring all necessary regulatory approvals to finally take the platform live. Additionally, the Liquidity Transfer Agency bridges transactions to public blockchains like Solana, Polygon, and soon Avalanche.With its groundbreaking refining technology that reduces CO2 emissions by 50%, ThinkEnergy exemplifies our commitment to investments that offer financial returns while positively impacting the global energy landscape. This opportunity allows investors to join ThinkEnergy’s transformative mission toward a more sustainable and efficient energy sector.Focus on Private Credit and Private StockLiquidity.io will initially concentrate on two key asset classes: private credit and private stock, offering institutional and accredited investors a streamlined and transparent way to trade these traditionally illiquid assets. The private credit market has seen significant growth, driven by investors seeking higher yields and diversification. However, the lack of standardized processes and limited transparency have been persistent challenges. Liquidity.io aims to address these issues by leveraging its digital platform to document and automate the trading and settlement processes, thereby reducing operational complexity and improving liquidity.Strategic Partnerships and Advanced TechnologyOver the past year, ARQ Securities has forged strategic partnerships with players in the private credit and private equity sectors, collecting over a billion dollars in Letters of Intent to list on the platform, including:For more information or to discuss partnership opportunities, interested parties can contact:Eric Choi, ARQ Securities: CEO, https://www.linkedin.com/in/eric-choi-10750241/ Austin Trombley, Satschel, Inc: CEO, https://www.linkedin.com/in/austintrombley/ For more information about ARQ Securities and Liquidity.io, visit www.liquidity.io. About ARQ Securities:ARQ Securities LLC., a subsidiary of Satschel, Inc., is at the forefront of financial technology, dedicated to reshaping the future of securities trading through innovation and efficiency. With a focus on digital asset tokenization and alternative trading systems, ARQ Securities is committed to empowering issuers, brokers, and investors with cutting-edge platforms and solutions.ContactsCEOEric ChoiARQ Securitiesechoi@arqsecurities.comCEOAustin TrombleySatschel, Inc.austin.trombley@satschel.comThis article was originally published on Chainwire More