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Many investors doubt Bitcoin’s capacity to serve as a hedge against economic unrest, much as gold has been perceived for decades in light of the correlation between gold’s strength and Bitcoin’s weakness. It is crucial to remember that both institutional and retail traders see Bitcoin as a risk-on asset in its current state. This means that high-risk assets like Bitcoin typically see sell-offs when market uncertainty arises, whether it be from geopolitical, financial or macroeconomic sources. On the other hand, as investors look for refuge from the volatility demand for gold, the classic safe-haven asset is rising. Nevertheless, it might be too soon to write off Bitcoin completely as a potential store of value. The underlying characteristics of Bitcoin, such as its decentralized structure and scarcity, make it comparable to gold as a possible hedge.Yet its market perception is still evolving, and for now it remains closely tied to the risk-on environment. Large participants appear to be building up their holdings in Bitcoin, perhaps in anticipation of a time when it will be viewed as a more stable asset based on ETF flows and institutional activity surrounding the cryptocurrency. Right now, the perception of their respective markets determines how gold and Bitcoin behave.Although Bitcoin is still in its infancy as an asset class, gold has long been recognized as a store of value. Bitcoin is probably going to act like other risky assets until it reaches a more developed market status.However, Bitcoin still has the potential to turn into digital gold, especially as more institutional investors become interested in it. The current drop is more reflective of short-term market sentiment rather than a fundamental flaw in Bitcoin’s long-term prospects.This article was originally published on U.Today More
For 13 years, the AADS ad network has enabled publishers to monetize website, blog, and media traffic in cryptocurrency. Game-changing technologies make the platform a solution not only for large sites but also for smaller ones, as there is no entry threshold. At the same time, AADS offers advertisers the opportunity to promote their projects with a low CPM by depositing cryptocurrency or using a bank card.The ad network offers a comprehensive suite of solutions for publishers:The ad network operates on an auction-like principle. Advertisers essentially compete for the traffic of the targeted site, and the one with a higher CPD (cost per day) gets a larger share of the traffic.This approach doesn’t guarantee a stable CPM for the publisher but allows earnings. There’s no income ceiling for publishers in the network, which has been recognized by top industry sites preferring AADS over other networks.By embedding an ad unit (simple HTML code), the publisher gets a fully filled ad space that never remains empty, distinguishing AADS from other networks.Moreover, it can be beneficial for publishers to attract more advertisers to their site. With AADS’s unique technology embedded in the network’s banners, publishers need no extra effort. The “Advertise here” button invites advertisers to join the network and launch ads targeting the site where the banner is placed or other sites in the network.The publisher can potentially earn additional income from every advertiser they attract, not only to their site but to the advertising network as a whole.Currently, the network already has over 3000 active publishers and 6000 ad placements. Among the publishers, users can find platforms like Dexscreener, Poocoin, Dexview, Apespace, and others.The ad network supports Lightning, allowing users to withdraw funds instantly with low fees.Users can create an ad unit and start working with AADS in just a few minutes without registration.About AADS: Crypto Advertising Network Since 2011 Since company establishment in 2011, AADS has proudly served thousands of clients worldwide. Advertisers in the AADS ad network gain access to platforms worldwide and receive converting target audiences with a low CPM. The network is ideal for promoting crypto, trading, and gambling topics. More than 20 popular cryptocurrencies and bank cards are accepted for payment. It’s also possible to make deposits and withdrawals quickly through Lightning with minimal fees.AADS’s expertise lies in efficient traffic monetization, achieved through innovative solutions for automated ad control. With AADS, publishers can potentially earn with no income cap. The ad network provides a free manual ad moderation service, ensuring a large pool of advertisers and high ad fill rates for publishers. The technology embedded in AADS banners allows publishers to attract new advertisers to their site effortlessly.For more details and information about AADS, users can visit AADS’s official Website | Twitter | TelegramContactChief Marketing OfficerAnna [email protected] article was originally published on Chainwire More
Poland’s second-largest bank, Pekao S.A., used the Aleph Zero L1 blockchain to tokenize and preserve internationally renowned Polish artworks.Bank Pekao, Aleph Zero, and Degen House are proud to announce the launch of Archiv3, a project to tokenize and preserve Polish cultural heritage on the Aleph Zero blockchain, with digital reproductions securely stored in the Arctic World Archive (AWA). This initiative combines blockchain technology with a commitment to cultural preservation, ensuring the safekeeping of Poland’s artistic legacy for future generations.With Archiv3, Bank Pekao becomes the first universal bank to tokenize historical art specifically for preservation purposes. This initiative follows the bank’s earlier “Unique” project, marking its role in integrating blockchain technology with traditional banking. It also highlights the bank’s ongoing commitment to modernizing its services and expanding the reach of digital assets. Notably, Archiv3 is the first project to tokenize artworks for long-term storage in the Arctic World Archive, known as the “Doomsday Library.” In its press release, Bank Pekao pointed out that the deciding factor in using the Aleph Zero blockchain has been not only its speed and security but also its attention to optimizing for a low carbon footprint and its carbon offset program.The artworks in the Archiv3 collection span a range of historical periods, primarily featuring 19th-century works and select modern pieces, such as those by contemporary artist Lia Kimura. This initiative aims to preserve these treasures not only for their cultural and historical significance but also as a resource for future study, conservation, and potential virtual exhibitions.The AWA already houses manuscripts from the Vatican Library, documentation from UNESCO and UNICEF, the entire GitHub code repository, as well as literary works by Nobel Prize laureates Olga Tokarczuk and Wisława Szymborska. Bank Pekao is the first financial institution to archive culturally significant artworks at the AWA, while doing the same using decentralized storage, setting a precedent for how blockchain technology can be used to bridge traditional art with new digital solutions.For any enquiries about this release, please contact [email protected] About Aleph ZeroAleph Zero is a privacy-first ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via zero knowledge proofs, and offers a comprehensive toolset for development across web3 that ranges from WASM-based Rust to EVM-based Solidity environments. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero ecosystem development programs.For more information, users can visit https://alephzero.org/ About Bank Pekao S.A. Bank Pekao S.A., founded in 1929, is one of the largest financial institutions in the Central and Eastern European region and the second-largest universal bank in Poland with assets of 316 billion PLN. With the second largest branch network, Bank Pekao serves 6.9 million customers. As a leading corporate bank in Poland, it serves every second corporation in Poland. Its status as a universal bank is based on its leading market position in private banking, asset management, and brokerage activities. Bank Pekao’s diversified business profile is supported by a leading market balance sheet and risk profile reflected in the lowest risk costs, strong capital ratios, and resilience to macroeconomic conditions (Pekao proved to be the most resilient bank in Europe, ranking first in the stress tests conducted by the EBA in 2023 amongst 70 banks). Since 1998, Bank Pekao has been listed on the Warsaw Stock Exchange and participates in several local (including WIG 20 and WIG) and international indices (including MSCI EM, Stoxx Europe 600, and FTSE Developed). Pekao is one of the most dividend-paying listed companies in Poland over the past 10 years, paying out a total of approx. 20 billion PLN over a decade.About Degen HouseDegen House is a full-stack blockchain solutions provider with a proven track record of collaborations spanning major CEE banks and top global blockchain ecosystems. The company offers comprehensive end-to-end solutions, from strategic consulting and product development to targeted marketing and sales.ContactPR ManagerJosh AdamsAleph [email protected] article was originally published on Chainwire More
Mpeppe (MPEPE), a cryptocurrency project merging online gaming and decentralized finance (DeFi), has reached a significant milestone with its presale exceeding the $3 million mark. Alongside this achievement, Mpeppe (MPEPE) has launched an exciting new gaming platform on Telegram, offering users a fun and interactive experience while earning rewards. With the Mpeppe Casino on the horizon and the MPEPE30 promo code for early participants, Mpeppe (MPEPE) is aiming to establish a presence in the online gaming and cryptocurrency space.Mpeppe (MPEPE) Achieves $3 Million Presale MilestoneThe Mpeppe (MPEPE) presale has now surpassed $3 million, marking a significant achievement for the project. Mpeppe (MPEPE) sees this milestone as a reflection of growing investor confidence and excitement surrounding Mpeppe (MPEPE)’s innovative approach to online gaming and decentralized finance (DeFi). The success of the presale signals strong community support and positions Mpeppe (MPEPE) for further development and growth as the project moves toward launching its much-anticipated gaming and casino platforms.Mpeppe (MPEPE) Releases New Gaming Platform on TelegramMpeppe (MPEPE) has also launched a new gaming platform integrated with Telegram, providing users with a decentralized application (DApp) to participate in games while earning Mpeppe tokens as rewards. The platform’s accessible design allows users to engage directly with the ecosystem. To incentivize early participants, the MPEPE30 promo code is now live, offering a 30% bonus on token purchases for a limited time.Mpeppe Casino: Revolutionizing the Crypto Gaming IndustryMpeppe (MPEPE) is preparing to introduce the Mpeppe Casino, a blockchain-powered gaming platform that will enable users to wager using MPEPE tokens. Mpeppe (MPEPE) has combined the viral appeal of meme culture with the growing popularity of cryptocurrencies in online gambling, creating a unique and engaging casino experience. The platform will offer the chance to win instant rewards, enabling players to enjoy timely payouts and reduced transaction fees through the use of blockchain technology. With Mpeppe (MPEPE), players will experience enhanced privacy, security, and a frictionless gambling experience.30% Bonus Promo for Early ParticipantsTo celebrate the launch of the new Telegram gaming platform, Mpeppe (MPEPE) has introduced the $MPEPE30 promo code, which offers users a 30% bonus on their tokens when they join early. This promo code is designed to reward early participants and encourage engagement within the Mpeppe (MPEPE) community.By utilizing the $MPEPE30 bonus, users have the opportunity to increase their holdings and earning potential as they engage with the platform.Mpeppe (MPEPE): Meme Power and Blockchain Driving Gaming RevolutionWith the presale hitting $3 million, the release of the new Telegram gaming platform, and the upcoming launch of the Mpeppe Casino, the Mpeppe (MPEPE) team aims to make a significant impact in the online gaming and cryptocurrency space. The viral influence of meme culture, combined with the advantages of blockchain technology, has positioned Mpeppe (MPEPE) as a project to watch.About Mpeppe (MPEPE)Mpeppe (MPEPE) combines elements of cryptocurrency, decentralized finance, and online gaming to offer a unique platform for users. By integrating blockchain technology into its gaming services, Mpeppe seeks to create secure, efficient, and rewarding experiences for its users.For more information on the Mpeppe (MPEPE) Presale users can visit Mpeppe (MPEPE)Users can join and become a community member: https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQMpeppe (MPEPE) is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.ContactPepe [email protected] article was originally published on Chainwire More
The Nibiru Foundation launches Nibiru Ventures, a strategic venture arm dedicated to supporting blockchain projects building natively in the Nibiru ecosystem. Through funding and guidance, Nibiru Ventures will cultivate the next generation of builders and help bring their application visions to market.Product and operational support are vital, but capital introductions and commitments have emerged as the most commonly requested resources from founders building applications. Whether targeting multi-chain expansion or building exclusively on Nibiru, product integration comes with costs in the form of developer time and salaries spent.Typical investments focus on pre-seed and seed-stage rounds and priority is given to those with shorter time-to-market. Key areas of focus include pioneering models of decentralized exchanges (DEXs), lending, derivatives, and vaults for structured products.To learn more about the application process for Nibiru Ventures and to apply for funding, readers can visit the application form. By applying, projects gain the opportunity to join a carefully curated portfolio. Nibiru Ventures seeks to partner with forward-thinking founders and teams to drive positive growth in Web3.ContactNibiru [email protected] article was originally published on Chainwire More
BRUSSELS (Reuters) -France, Greece, Italy and Poland will vote on Friday for tariffs of up to 45% on imports of electric vehicles (EVs) made in China, officials and sources said, enough to get the European Union proposal passed in a move likely to increase trade tensions with Beijing.The European Commission, which is conducting an anti-subsidy investigation into EVs made in China, has sent its proposal for final tariffs to the EU’s 27 member states ahead of a vote expected on Friday.Under EU rules, the Commission can impose final or “definitive” tariffs for the next five years unless a qualified majority of 15 EU countries representing 65% of the EU’s population votes against the plan.France, Greece, Italy and Poland will vote in favour, officials and sources of those countries said. Together, they represent 39% of the EU population.The Commission can also submit a new, amended proposal if it chooses.The EU executive has said it is willing to continue negotiating an alternative to tariffs with China and could re-examine a price undertaking – involving a minimum import price and typically a volume cap – having previously rejected those offered by Chinese companies.One option under negotiation is minimum import prices calculated using criteria such as the range, battery performance and length of the electric vehicle, along with whether it is two- or four-wheel drive, a source familiar with the matter said.An alternative is a commitment to investment in the EU, with quotas for a transitional period.The tariffs range from 7.8% for Tesla (NASDAQ:TSLA) to 35.3% for SAIC and other companies deemed not to have cooperated with the EU investigation. These tariffs are on top of the EU’s standard 10% import duty for cars. More
(Reuters) – Wall Street was poised for a slightly lower open on Wednesday after geopolitical tensions in the Middle East and a domestic port strike left investors nervous, while a survey allayed concerns about a rapid cooldown in the labor market.In a dour start to the final quarter of the year, the S&P 500 and the Nasdaq logged their biggest one-day drops in nearly a month on Wednesday, after Iran fired missiles against Israel in retaliation for its attacks in Lebanon.Markets held their ground since, after Israel and the U.S. vowed to strike back, with oil prices climbing more than 3% as traders priced in possible supply disruptions from the oil-rich region. SLB and Occidental Petroleum (NYSE:OXY) added 1.7% and 1.6%, respectively, in premarket trading. [O/R]Defense stocks such as Lockheed Martin (NYSE:LMT) and RTX gained 0.7% and 1%, respectively, after the broader S&P 500 aerospace and defense index hit a record high in the previous session.”Sentiment is dominated by the risk of escalating conflict in the Middle East and there is a lack of information on how strong the response is going to be from the Israelis,” said Jay Hatfield, portfolio manager at InfraCap.Meanwhile, the ADP National Employment report showed the economy added 143,000 private jobs in September, compared with estimates of 120,000, according to economists Reuters polled. Odds of a quarter-percentage-point rate reduction at the Fed’s November meeting are at 64.2%, up from 42.6% a week ago, according to the CME Group’s (NASDAQ:CME) FedWatch Tool.”The ADP report was strong and that might be mitigating the volatility, because we’re not in a complete information vacuum,” Hatfield said.Dow E-minis were down 89 points, or 0.21%, S&P 500 E-minis were down 13 points, or 0.23% and Nasdaq 100 E-minis were down 24.25 points, or 0.12%.Futures tracking the small-cap Russell 2000 index slipped 0.7%, while safe-haven Treasury bonds dipped after Tuesday’s surge. [US/]The CBOE Volatility Index, Wall Street’s fear gauge, hovered near a three-week high and was last at 19.49.Comments from Fed policymakers including Beth Hammack and Alberto Musalem are scheduled through the day, while the focus will stay on Friday’s non-farm payrolls data for September.Markets ended September higher after the U.S. Federal Reserve kicked off its monetary-policy-easing cycle with an unusual 50-basis-point rate cut to shore up the jobs market, which has taken on a greater importance in the central bank’s dual mandate of price stability and low unemployment.Investors also monitored a dockworkers’ strike on the East and Gulf coasts which entered its second day. The walkout could cost the American economy roughly $5 billion a day, analysts at JPMorgan estimated. Some companies such as Walmart (NYSE:WMT), Merit Medical Systems (NASDAQ:MMSI) and McCormick (NYSE:MKC) said they had planned for the strike. Their shares were flat in premarket trading.Analysts said the spike in oil prices, along with the port strike, could raise inflation, which neared the central bank’s 2% target recently.Dow-component Nike (NYSE:NKE) slid 7.8% after withdrawing its annual revenue forecast just as a new CEO is set to take the helm.Humana (NYSE:HUM) tanked 21.7% after it said it expects the total number of members enrolled in its top-rated Medicare Advantage plans for those aged 65 and above to decrease for 2025. More
