Cryptocurrency

This article was originally published on U.Today More

Talisman, the leading web3 wallet that bridges the Polkadot and Ethereum ecosystems, has launched its new cross-chain swaps feature, solidifying its role in driving more users and liquidity to Polkadot. This feature simplifies the process of swapping assets between major blockchain ecosystems, enhancing connectivity for users trading between Polkadot, Ethereum, and Substrate networks.Simplifying Cross-Chain Asset SwapsSwapping assets across blockchain ecosystems has often been complex, requiring multiple custom bridges and DApps. Talisman addresses this by integrating popular routes and assets directly into its Portal, enabling users to swap seamlessly between Polkadot, Ethereum, Arbitrum, Bittensor, Manta Network and even Bitcoin. Whether swapping ETH on Arbitrum for DOT or acquiring tokens like TAO or MANTA to stake, Talisman offers intuitive access to popular swap routes within its cross-chain swaps interface.By making cross-chain swaps more accessible, Talisman is not only streamlining the user experience but also bringing new liquidity into Polkadot’s growing ecosystem.To get started, users can visit the Talisman Portal to begin their swaps.Supported Routes and AssetsTalisman currently supports various cross-chain routes with key assets including stablecoins and native tokens across Polkadot, EVM, and Substrate projects, as well as Bitcoin. The supported routes include:To ensure a smooth experience and optimal liquidity for Polkadot and other chains, Talisman has partnered with top providers such as:Talisman’s cross-chain swaps feature aggregates providers to help users compare options, costs, and estimated transaction times. Users can manage accounts across chains effortlessly, swapping between Substrate and EVM accounts directly within the Talisman Portal without needing separate transactions.How to Use Talisman Portal for Cross-Chain SwapsLooking AheadTalisman is committed to expanding cross-chain swap options, adding more routes and assets. The company is also integrating swap functionality directly into the wallet extension, making it even more convenient for users to swap on the go. By simplifying cross-chain swaps, Talisman is playing a crucial role in growing the Polkadot ecosystem, driving more users and liquidity into the network while enhancing the user experience across multiple blockchains.About TalismanTalisman is a web3 wallet that empowers users to explore applications across Ethereum and Polkadot ecosystems. With Talisman, users can securely store, send, and receive assets, and connect to a variety of applications.For more information, visit Talisman Website or follow us on Twitter and Discord.ContactGrowth AssociateNattiTalisman walletnatti@talisman.xyzThis article was originally published on Chainwire More

Pell Network, an Omnichain Decentralized Validation Services (DVS) network, has successfully raised $3 million in pre-seed funding, as announced on October 16, 2024.This round was co-led by Paper Ventures, Halo Capital, and Mirana Ventures. Incubator D11-Labs and key investor Delta Blockchain Fund, also participated in this round, along with a diverse group of investors including ArkStream Capital, Mantle EcoFund, Web3Port, Caliber Venture Builder, Cogitent Ventures, Contribution Capital, J17 Capital, Sats Ventures, Side Door Ventures, 071Labs, and individual angels.The funds will be used to develop Pell’s innovative network, which aims to build an omnichain DVS network powered by restaking. By leveraging Liquid Staking Tokens (LST), Pell Network plans to break down barriers between siloed blockchains and foster the long-term sustainability of the entire ecosystem.Pell Network’s architecture consists of three key components: the Restaking Layer, Pell Chain, and Service Layer. This structure aims to optimize resource allocation and maximize returns by aligning capital, assets, and consumers.The platform has already achieved significant traction with deployments on 20 chains including BNB Smart Chain, Core, Babylon, Mantle, and Ethereum. It has accumulated over $300 million in Total Value Locked (TVL) and more than 430,000 stakers across its Omnichain Restaking Network.Future Developments and Community EngagementWith this funding and early traction, Pell Network is positioning itself as a key player in the evolving landscape of cross-chain application building and bootstrapping. The network aims to provide developers with DVS networks underpinned by tangible economic incentives, potentially marking a shift from traditional trust-based systems to quantifiable, auditable economic security models in the blockchain space.In line with its launch strategy, Pell Network has rolled out a series of community engagement campaigns. These include the Testnet launch accompanied by an Airdrop Campaign and a GoldMiner Campaign, providing participants an opportunity to earn up to 1 BTCB + 11 BNB raffle and a 30% yield.As the project progresses, early participants will be generously rewarded. More details will be announced in the near future.About PellPell Network builds an omnichain DVS(Decentralized Validation Service) network driven by cryptoeconomics, leveraging the restaking mechanism of LST (Liquid Staking Tokens) to create a seamless decentralized validation services marketplace. Pell Network aims to provide innovative technical solutions for the billion-dollar restaking sector, break down barriers between siloed blockchains, and foster the long-term sustainability of the entire ecosystem.Users can follow Pell’s latest development:Website: https://pell.network/X: https://x.com/Pell_NetworkDiscord: https://discord.com/invite/pell-networkTelegram: https://t.me/Pell_NetworkContactPellhi@pell.networkThis article was originally published on Chainwire More

He shared an edited extract from the classic Matrix movie, featuring $1 million+ Bitcoin Omega candles.Mow added a subtitle line, saying: “What if Samson Mow is right about $1 million?” The response, again added to the subtitles, said: “No way, $200,000 power law top.” “I know, I know…but what if?!” Mouse says again.Then Neo tells himself to free his mind and goes for it. Instead of falling to the paved ground in the jump program, he flies to the sky and above the city, as the end piece from the movie was added there.One of the slides shared by Mow on X yesterday while preparing for this talk stated, in German and English: “Do not sell your Bitcoin.”The X account “Bitcoin im Bundestag” published a post to thank Mow for coming over and discussing the prospects of Bitcoin adoption in Germany with them: “Thank you Samson for coming to the German Parliament to share and discuss the current state and possibilities of #Bitcoin nation-state adoption.”This article was originally published on U.Today More

The world’s biggest cryptocurrency hit its highest level since late-July earlier this week amid a storm of positive factors, although gains now appeared to be cooling. Bitcoin rose 0.8% to $67,727.0 by 09:05 ET (12:05 GMT), having briefly crossed $68,000 earlier this week. The token was trading up more than 7% this week, its best performance since early-September. Bitcoin was boosted by a storm of factors, including increased speculation over a Trump victory, while Democratic presidential nominee Kamala Harris also pledged to create a regulatory framework for crypto. Additionally, sentiment towards Bitcoin was buoyed by defunct exchange Mt Gox extending its timeline to return tokens to creditors by a year. Bitcoin distributions by Mt Gox- which began in July- were expected to present a major selling scenario for the token. Capital flows into crypto investment products were also seen improving in the past week. Bitcoin was boosted by increased expectations of a Trump victory in the upcoming elections. Trump was seen gaining substantially better odds in online prediction and betting markets such as Polymarket, while a recent Fox News poll also showed him with a slight edge over Vice President Harris.Other polls, such as a recent survey from Reuters/IPSOS, showed Harris with a slight lead over Trump, while most polls pointed to a tight race. Crypto markets welcomed the prospect of a Trump victory, given that he has been largely pro-crypto in campaigning, even promising to build the future of Bitcoin in America. Promises of a regulatory framework from Harris also boosted sentiment, although she did not provide more clarity on the plans. While Bitcoin was positive, other major cryptos were seen losing steam after recent gains.World no.2 crypto Ether climbed 0.3% to $2,619.39, but was trading up 8% in the past 7 days. XRP, SOL, MATIC and ADA traded in a flat to slightly lower range, but remained up for the week.Among meme tokens, DOGE surged more than 9%. A Republican victory in the upcoming US election could be the most favorable scenario for both Coinbase Global Inc (NASDAQ:COIN) and the broader cryptocurrency market, Citi analysts said. According to a research report seen by CoinDesk, a Harris presidency with a divided Congress, however, would likely result in increased uncertainty for digital assets.”The Trump/Vance ticket has publicly endorsed digital asset reform, Republican control of the Senate would be important for passing bills like FIT21 and confirming pro-crypto agency leaders,” analysts noted. They added that “the pace of digital asset reform would likely move faster with both chambers of Congress aligned.”Even in the event of a Republican win in the Senate alongside a Democrat-controlled House, Citi views this as a bullish outcome for Coinbase and the crypto sector. The US election will take place on Nov. 5, with the results expected by Nov. 8.The report also noted that some key members of the current House Financial Services Subcommittee, which is made up of several Democrats, have expressed strong opposition to crypto. However, Citi analysts suggested that a “combined Democrat and Republican pro-crypto contingent” would likely carry more influence.A Republican Congress under a Harris presidency would bring some uncertainty to the digital assets space, as her stance on crypto remains unclear. According to the bank, a Democrat-led administration would likely retain many of the current agency heads to avoid complications with Senate confirmations.The most uncertain scenario for crypto, according to Citi, would be a Harris win alongside a divided Congress, which could create challenges for passing crypto legislation and leave Coinbase investors less confident about gaining sufficient Senate support.Ambar Warrick contributed to this report.  More

Polimec, a decentralized Web3 fundraising protocol on Polkadot, is excited to announce its integration with Banxa, a prominent fiat-to-crypto gateway. This integration allows users to invest in blockchain projects using credit cards, introducing a new user experience and making it easier for both experienced and new investors to participate in Web3 fundraising.What’s New?Through Banxa’s integration, Polimec users can instantly convert fiat currencies, such as USD and EUR, into tokens like USDT, USDC, and DOT, which can be used to invest in blockchain fundraises. This development is a major step in bridging the gap between traditional finance (Web2) and decentralized finance (Web3), providing seamless access to Web3 investment opportunities.Why This MattersPolimec is designed to facilitate secure, compliant, and transparent capital raises in the dynamic Web3 space. The growing demand for compliant and transparent fundraising mechanisms makes this integration particularly timely and important.By incorporating Banxa’s fiat-to-crypto gateway, Polimec significantly lowers the barriers to entry for Web3 fundraising. The integration enables both crypto veterans and newcomers to participate in blockchain fundraises using familiar fiat currencies, such as USD and EUR, removing the need for complex conversions.“This partnership with Banxa enhances Polimec’s mission to streamline Web3 fundraising,” said Flavio Bianchi, Foundation Council at Polimec. “By integrating Banxa’s fiat-to-crypto gateway, Polimec is making the onboarding process more inclusive, allowing for broader participation and creating new opportunities for all types of investors.”How It WorksParticipating in Polimec fundraises is straightforward:What’s Next?This collaboration marks another milestone in Polimec’s ongoing effort to improve user experience and accessibility. Polimec is actively working on additional features to further streamline the investment process and enhance the capabilities of the Polimec Protocol.With Banxa now integrated, Polimec is advancing toward its goal of making multichain Web3 investments more accessible on a global scale.About PolimecPolimec is a permissionless fundraising infrastructure protocol providing an automated framework for projects to raise funds within a broad and diverse investor base with transparent and fair access for all. The protocol allows access to fundraising and governs the issuance, distribution, and conversion of tokens to mainnet.ContactFoundation CouncilFlavio BianchiPolimecflavio@polimec.orgThis article was originally published on Chainwire More

The risk of heightened volatility rises as BTC approaches these thresholds, which serve as important liquidation points. Depending on which level is tested first, BTC may see a breakout or breakdown under such pressure from both directions. The higher level, approximately $68,900, corresponds to a significant resistance level.A new bullish wave may be initiated if Bitcoin surpasses this barrier and sees a sharp price increase. However, a decline below $66,000 might set off a chain reaction of selling that would push prices lower and possibly even cause a significant sell-off. Based on the given price chart, it is evident that Bitcoin has encountered difficulties in breaking above the $67,970 mark in recent times. Moving averages are also getting tighter on the chart; the 50, 100 and 200 EMAs in particular are all converging. Sharp (OTC:SHCAY) price changes, either upward or downward, frequently precede this convergence. The trend of declining volume, which indicates hesitancy among traders, is even more worrisome. This may suggest that even though there is a local uptrend for Bitcoin, strong buying momentum may keep it from breaking out of this narrow range. A breakdown would put the important support level at $66,000 to the test which, depending on its success, could either serve as a safety net or trigger a sharp decline. With volatility predicted to spike higher as these thresholds get closer, the next move is probably going to be significant. Traders should be ready for swings either way, contingent on how Bitcoin responds to pressure in between these pivotal points.This article was originally published on U.Today More

The Crypto Content Creator Campus (CCCC) welcomes a powerhouse lineup of additional sponsors as it gears up for its inaugural event in Dubai this November. This second wave of support underscores the industry’s resounding endorsement of CCCC’s mission to empower the next generation of crypto influencers.Aptos, a leading Layer 1 blockchain project, joins the ranks as the Title Sponsor, reinforcing CCCC’s mission to inspire innovation, education, and cross-community collaboration.Bitget, a top-tier crypto exchange and web3 company, steps up as a Platinum Sponsor, demonstrating its dedication to nurturing a vibrant and informed crypto community. TON, the native currency of The Open Network, lends its support as a Gold Sponsor, signaling a united effort to nurture a vibrant blockchain ecosystem.Backing the event as Silver Sponsors are key players like HTX, Circle, Animoca Brands, Solana Foundation, Morph, WEEX, and more, underscoring the collective industry effort behind CCCC’s mission.Event OverviewCCCC is the premier annual gathering for the crypto community, scheduled for November 8th to 10th in Dubai. It offers a unique platform for content creators, influencers, and KOLs to learn, mingle and grow. Through workshops, panels, and networking opportunities, CCCC empowers attendees to become powerful advocates for crypto adoption.For more information, sponsorship opportunities, or to register for the event, please users can visit: https://www.cccc.buzz/About Crypto Content Creator Campus (CCCC)CCCC is a team of industry experts and visionaries committed to shaping the future of content creation within the Web3 and crypto sphere. Driven by a shared passion for creating a high-value community, we’ve curated a campus that promises an experience unlike any other.For more details about CCCC, users can visit: https://www.cccc.buzz/For inquiries, please contact: hello@cccc.buzzContactHead of PRTony AuBybittony.au@bybit.comThis article was originally published on Chainwire More