Cryptocurrency

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Minutes Network, the world’s first blockchain-based international voice-calling and wholesale termination service provider, is thrilled to announce the appointment of Jamie King as its new Chief Marketing Officer, effective October 14th, 2024. With a pioneering career in driving digital marketing transformations, Jamie is set to lead Minutes Network marketing initiatives into a new era of growth and engagement, bringing a wealth of expertise, vision, and leadership that will further drive the company’s commitment to providing voice carriers worldwide with the highest quality international terminations, at the lowest, market-beating, prices. Minutes Network offers a unique integration between telecommunications and the blockchain, leveraging existing and new, proprietary MinTech technologies to provide voice carriers worldwide with the highest quality international terminations at unmatchable prices. With twenty-four international points of presence, Minutes Network can terminate international traffic all day, every day, to any worldwide destination. Through innovative solutions and a dedication to excellence at pace, Minutes Network continues to set new standards in the Telecom Industry. For more information about Minutes Network and their leadership team, users can visit www.minutesnetwork.io and X account.ContactCEOJosh WatkinsMinutes Networkenquiries@minutesnetwork.ioThis article was originally published on Chainwire More

With about 88% of liquidations coming from short traders, the general sentiment of the market points to a massive shakeout of short positions, indicating that bears are under a lot of pressure. The two companies with the highest liquidations, especially in short positions, were Binance and HTX. It is noteworthy that HTX’s liquidations, which had a 98% short liquidation rate, were heavily biased toward shorts. This illustrates the market’s strong bullish momentum, and it appears that bears were unprepared for the price of Bitcoin to return above $64,000.It is clear from examining Bitcoin’s recent chart performance that the cryptocurrency has breached significant resistance at $62,000. It is now getting close to $64,500, the next crucial level that has traditionally served as a psychological barrier. Around $68,000 would be the next major target if Bitcoin could maintain this momentum. Traders should exercise caution, though, as a pullback could occur if $64,500 is not decisively broken, possibly retesting support at $61,000. Investigating the data further reveals that futures open interest has dropped precipitously, especially on Binance futures, where almost 4,000 BTC in open interest were erased.This highlights the fact that bearish traders are being squeezed and shows a liquidation of over-leveraged positions. The heatmap also demonstrates that this liquidation event is not unique, as numerous other assets such as SUI and SOL have undergone comparable liquidations.A healthy shakeout of short positions is reflected in the liquidation sweep, raising the possibility of a further bullish rally. Investors ought to keep an eye on the crucial resistance levels, especially the $64,500 range for Bitcoin. More substantial gains on the cryptocurrency market, with Bitcoin at the forefront, might be possible with a clear break.This article was originally published on U.Today More

He also warned crypto investors about Bitcoin scams. In the meantime, Bitcoin is approaching the $65,000 level.It also discusses “the growth opportunities for $MSTR as a leading public issuer of Bitcoin-backed securities,” according to Saylor.The crash course consists of two sections; one is a transcript of Saylor talking about Bitcoin with MicroStrategy’s managing director and senior analyst Gautam Chhugani. The second section is a number of slides with infographics and brief theses about Bitcoin, its high performance over the past 14 years and the performance of other assets – conventional ones – on the market.Saylor stated in it that Bitcoin has been the most profitable asset in 11 out of the 14 past years and that it greatly surpasses monetary inflation with its 49% growth since 2011, while some other assets do that as well but show a much smaller increase: Nasdaq (17.9% rise), US Growth fund (15.4% growth) and US Large Caps (SPY) with a 13.3% increase. The rise of the latter is exactly equal to the monetary inflation level.He stated that he would never ask the community to send him cryptocurrency so that they can receive it back from him later. Saylor recommended that users educate themselves on how to identify crypto scams: “I encourage all individuals to educate themselves on cryptocurrency scams and how to identify them.”In the past, however, scammers have frequently used fragments of Saylor’s videos where he talks about Bitcoin to lure cryptocurrency users into scams on YouTube.This article was originally published on U.Today More

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce a new World Series of Trading (WSOT) side challenge with two new prize pools for fiat users. In addition to the 10,000,000 USDT total prize pool of WOST 2024, new joiners and traders of Bybit Fiat can now sign up to divide up rewards up to 28,800 USDT.From now to Nov. 4, 10AM UTC, Bybit users may register for one or both of the following challenges:Event 1: Beginner Fiat DepositBybit is giving away 20,000 USDT to new users of its fiat offerings. The first 2,000 users who make a first-time deposit of at least $100 via Bybit’s One-Click Pay, P2P, or Fiat Deposit will be rewarded with a bonus 10 USDT. Event 2: Fiat Trading CompetitionUsers may also step up their game in the Fiat Trading Competition to turn their trading skills into bonuses. Based on performance, the top 50 traders will share a 8,800 USDT prize pool.Check out the Fiat x WSOT Challenge event page for details and terms and conditions. #Bybit / #TheCryptoArk / #WSOT2024About 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, please visit Bybit Press For media inquiries, please contact: media@bybit.comFor more information, please visit: https://www.bybit.comFor updates, please follow: Bybit’s Communities and Social MediaDiscord | Facebook (NASDAQ:META) | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YoutubeContactHead of PRTony AuBybittony.au@bybit.comThis article was originally published on Chainwire More

Bybit, the world’s second-largest crypto exchange by trading volume, is thrilled to announce the continued growth and expansion of its innovative liquid staking token, bbSOL. As Bybit’s inaugural Liquid Staking Token (LST), bbSOL continues to offer users a seamless, secure way to stake SOL and earn competitive rewards.The rapid adoption of bbSOL has propelled its total locked value beyond 100 million USD in a short span. Beyond staking rewards, bbSOL holders can now further enhance their earning potential through three key opportunities:#Bybit / #TheCryptoArk About 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, users can visit Bybit Press. For media inquiries, users can contact: media@bybit.comFor more information, users can visit: https://www.bybit.comFor updates, users can follow: Bybit’s Communities and Social MediaContactHead of PRTony AuBybittony.au@bybit.comThis article was originally published on Chainwire More

Schiff sarcastically responded with a similar comment, still maintaining his standard anti-Bitcoin stance. He chose not to purchase any Bitcoin for winning. This response started a discussion about his true motivations and whether he is interacting with pro-Bitcoin audiences by taking advantage of Bitcoin’s fame. Schiff clarified in response to a user who pointed out that his opposition to Bitcoin appears to be a ploy for media attention: “I don’t own any. I would come out in favor of Bitcoin if my objective was engagement.” In spite of what he says, it is clear that Schiff’s ongoing criticisms of Bitcoin have generated a lot of interest from the cryptocurrency community.He remains relevant in the conversation because well-known proponents of Bitcoin respond to his comments on a regular basis. Irrespective of his Bitcoin holdings, Schiff is undoubtedly reaping the rewards of his unconventional approach. In terms of Bitcoin’s current status, it has recovered above $64,000, following a decline below $60,000 earlier this month.A number of factors, such as institutional support and market sentiment, are probably linked to the price surge. Right now, traders are keeping an eye on the key resistance levels, which are located between $64,000 and $65,000 as Bitcoin trades within an ascending channel. Up until then, volatility is something to take into account, but breaking these levels might point to a more robust upward trend.To put it briefly, Schiff is still using his opposition to Bitcoin to his advantage in order to stay relevant, even as the price of Bitcoin continues to rise. Both Bitcoin supporters and detractors are keeping a close eye on the gripping story that is being created by the continuous conflict between Schiff’s criticisms and Bitcoin’s determination.This article was originally published on U.Today More

Then he referred readers to his aforementioned book, “Rich Dad Poor Dad,” and some of the important statements about the U.S. dollar and other assets that used to hold up the U.S. economy in the past.In those pieces of advice, Kiyosaki stated that truly rich people do not save “fake US dollars” and that “your house is not an asset.” The third pieces of advice, which mirrored the first one, was essentially, “Savers are losers.” Since the dollar is not backed by gold and has been greatly devalued over the past decades, it is pointless to save dollars, and a house is not an asset since real estate can easily crash (as happened in the 2008 crisis, when the mortgage bonds’ market collapsed); besides, when receiving a mortgage, one gets in long-term debt with the bank.Kiyosaki believes that financial education is very important since it helps one to navigate the sea of finance and withstand multiple difficulties and crises that often rise in this easily changeable sphere.Kiyosaki believes that the most stable assets are gold, silver and Bitcoin. Even they can crash, though, he admits. However, he tweeted that he would still continue to by BTC cheaply: “Obviously, I will be buying all the Bitcoin I can, as well as other assets, at bargain basement prices.”This article was originally published on U.Today More