Aurelia Butler

As you can see, the best performing asset over a four-year period was Microstrategy (NASDAQ:MSTR) stock, which Saylor’s chart shows has risen 1,325%. The second best asset was the cryptocurrency itself, which guaranteed its holders a 451% return on their investment. Since the summer of 2020, the price of Bitcoin managed to make it to a new all-time high at $69,000, fell to $15,500 amid the collapse of FTX and made it back to a new high at $74,000. Meanwhile, the performance of the major U.S. stock market index, the S&P 500, was “only” up 71%. Few people will argue that this is not a lot over the span of four years, but compared to MSTR and BTC, it still does not seem like much.Such an action, although not that dramatic in percentage changes, worried traders, who now raise the possibility for BTC to test key levels lower at $62,300 and even lower at $58,000.If this will be the scenario for Bitcoin in the near future is an open question, but as can be judged from the new post, for Michael Saylor, small time frames do not matter.This article was originally published on U.Today More

World Mobile, the pioneering global web3 wireless network, has announced the launch of its blockchain infrastructure on Base today. This strategic launch will connect World Mobile’s unique communications-centric Layer 3 blockchain, World Mobile Chain (WMC), with Base’s Ethereum-based Layer 2 blockchain, and use Base as its settlement layer. A key outcome of this decision will be the incorporation of the Coinbase (NASDAQ:COIN) Smart Wallet into the World Mobile app, creating a seamless onboarding experience for new onchain users.By launching on Base, World Mobile is set to accelerate its mission of building one of the world’s most extensive Decentralized Physical Infrastructure Networks (DePIN). The World Mobile network’s recent launch of its ‘triple play’ services—encompassing cellular, broadband, and value-added services—complements the launch on Base and EVM blockchains.This announcement follows 12 months of significant achievements for the World Mobile network, including the rollout of global commercial network services across three continents and a groundbreaking aerostat deployment in Mozambique in collaboration with Vodacom and the GSMA. Additionally, World Mobile has recently celebrated the rapid sell-out of its first batch of decentralized wireless network infrastructure nodes (AirNodes) in under 36 hours, spurring its recent milestone of 100,000 daily active users.World Mobile’s innovative approach to decentralized wireless networks, coupled with its successful deployment of AirNodes and triple play services, positions it at the forefront of this transformative movement.The launch will take effect on September 30, 2024. World Mobile remains dedicated to its vision of a world where everyone, everywhere, is connected. This milestone represents not just a technological advancement but a step closer to bridging the digital divide.About World Mobile GroupWorld Mobile Group is democratizing global connectivity through its blockchain-based decentralized physical infrastructure network (DePIN). Unlike traditional telecom providers, World Mobile operates on a sharing economy model, enabling individuals and businesses to run nodes, connect their communities, and earn rewards. For more information users can visit: https://worldmobile.io/X: https://twitter.com/WorldMobileTeamInstagram: https://instagram.com/worldmobileteamFacebook (NASDAQ:META): https://www.facebook.com/WorldMobileTeamLinkedin: https://www.linkedin.com/company/worldmobilegroupDiscord: https://discord.com/invite/worldmobileTelegram: https://t.me/WorldMobileTeamContactCMOMike Blake-CrawfordWorld Mobile [email protected] article was originally published on Chainwire More

Bitcoin’s recent decline is part of a broader correction that started after the cryptocurrency hit the resistance trendline of its descending channel pattern. The price has dropped over 5% from this resistance level, with further declines potentially bringing BTC to support levels around $63,000 or lower.Despite the dip, the original cryptocurrency is on track for its best September in years, rising by at least 7% month-to-date. Historically, September has been a challenging month for Bitcoin, which has posted losses in eight of the past 11 years. However, the recent gains put Bitcoin in a strong position going into October, which has historically seen average gains of 23%.In the wider crypto market, crypto ETFs saw $1.2 billion in inflows last week, the largest total since mid-July. U.S.-based funds accounted for $1.17 billion of the total, with most of the inflows linked to expectations of further interest-rate cuts by the Federal Reserve.Bitcoin-focused funds attracted over $1 billion in inflows, while Ethereum products broke a five-week losing streak by adding $87 million.Bitcoin’s decline also mirrored similar moves in U.S. stock markets, reflecting reduced risk appetite ahead of several key economic reports due this week, including U.S. jobs data and a speech by Federal Reserve Chair Jerome Powell.Futures tied to the federal funds rate currently favor a modest 25-basis-point interest rate cut, with lower rates historically being positive for Bitcoin.Elsewhere, the drop followed reports of Israeli airstrikes on central Beirut, marking the first such attack in nearly a year amid ongoing hostilities with Lebanon’s Hezbollah. Bitcoin has previously reacted negatively to unrest in the region, with a similar pattern observed five months ago when the cryptocurrency dropped over 10% following an Israeli strike on Iran.Despite being promoted as a hedge against instability, Bitcoin often sees sell-offs during times of geopolitical crisis as traders exit riskier assets in favor of safer alternatives. More

BC.GAME, a leading crypto igaming platform, has officially announced the launch of the $BC Mining Rush, an exclusive event with a staggering prize pool of 1 billion $BC tokens. The event will run from October 1 to October 20, 2024, with pre-registration starting on September 24, offering players the chance to win daily rewards simply by placing bets of $1 or more.This event aims to offer participants an easy entry into the crypto space, providing opportunities for daily wins while keeping participation straightforward and accessible.Key Highlights of the $BC Mining RushThe $BC Mining Rush boasts a daily prize pool of 50 million $BC tokens. Players can enter the prize draw with a minimum wager of $1. Larger wagers can increase a participant’s share of the daily rewards. This format enables both new and experienced players to compete for a portion of the overall 1 billion $BC prize pool.Pre-Registration for Early AccessPre-registration begins on September 24, 2024, and will remain open until the end of the event on October 20, 2024. Early registrants can maximize their chances of winning by participating from the start. While late registration is possible, opportunities decrease as the event progresses.Easy and Accessible ParticipationThe event is designed to be user-friendly, requiring no complex procedures or technical expertise. Participants need only place their wagers daily, with rewards distributed the following day. This straightforward approach ensures players of all experience levels can engage easily and transparently.Daily Rewards Based on WagersEach day of the event offers new chances to win a portion of the 50 million $BC daily prize pool. A participant’s rewards will correspond to their percentage of total wagers for that day, with higher wagers increasing the potential for larger returns.How to Participate:For more information, users can visit BC.GAME’s official website and follow them on social media to stay updated on all the latest developments.About BC.GAMEBC.GAME is a leading online gaming platform offering a wide range of games and sports betting opportunities. Known for its user-friendly interface, robust security, and commitment to innovation, BC.GAME continues to be a top choice for crypto enthusiasts worldwide. With exciting events like the $BC Mining Rush, BC.GAME provides unparalleled opportunities for both gaming and earning within the crypto ecosystem.For more information, users can follow BC.GAME on Twitter.ContactOlivia [email protected] article was originally published on Chainwire More

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce the appointment of Robert MacDonald as the new Chief Legal & Compliance Officer. With a distinguished career spanning both the public sector and traditional finance, Robert brings a wealth of expertise in regulatory compliance and combating financial crime, reinforcing Bybit’s commitment to legal integrity, principled compliance, and robust governance.Robert’s leadership will be instrumental in paving a sustainable and responsible path for Bybit’s continued growth. He began his career practicing criminal law as a barrister in London, specializing in the field of financial crime, before serving the U.K. Ministry of Justice. Over the next decade, Robert embarked on a cross-continental journey mostly in traditional finance and banking, working for global institutions including one of the world’s largest asset managers, South Korea’s most popular eCommerce company, and crypto exchange Binance. In his new role, Robert will oversee a joint legal and compliance team in navigating the rapidly evolving regulatory landscape. The team is comprised of a dedicated taskforce of legal counsels who cover a wide array of global legal issues and topical research, as well as a versatile compliance function including: a regulatory compliance function looking after licensing and registrations matters across jurisdictions and adherence to local requirements; a global compliance team of Money Laundering Reporting Officers; and specialists in compliance operations focusing on a safe and responsible client onboarding process including rigorous compliance controls throughout the user lifecycle. #Bybit / #TheCryptoArkAbout BybitBybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle (NYSE:ORCL) Red Bull Racing team.For more details about Bybit, readers can please visit Bybit Press For media inquiries, readers can please contact: [email protected] more information, readers can please visit: https://www.bybit.comFor updates, readers can please follow: Bybit’s Communities and Social MediaContactHead of PRTony [email protected] article was originally published on Chainwire More