Cryptocurrency

Several Bitcoiners, including major figure in the community Erik Voorhees, have stood up to Howard to defend Buterin.At that price, the amount of ETH sold by Buterin comprised a massive $95,550,000. Howard pointed out that Buterin “dumped it on ETH holders.” He compared Buterin to the mysterious Bitcoin creator Satoshi Nakamoto, stating that “Satoshi still hasn’t sold one single Bitcoin. Ever.”Bitcoin maximalist and CEO of the ShapShift crypto exchange stepped in to defend Vitalik Buterin. The Bitcoin entrepreneur reminded Howard that Buterin had created $400 billion value using an investment of $18 million, and now “maxis mad that he profited 0.025%” of it.One X user, however, assumed that it is unknown whether Satoshi Nakamoto indeed kept all his Bitcoin unsold and did not profit on it.Among the Wall Street companies that filed for Ethereum ETFs were BlackRock (NYSE:BLK), VanEck, Grayscale and Ark Invest. Overall, the same companies that got spot Bitcoin ETFs approved in mid-January then filed for launching similar products based on the second biggest crypto, Ethereum.This decision came out unexpectedly, since many experts did not believe that the SEC would take so little time to approve these products. However, prior to the announcement, several funds updated their filings by removing ETH staking from them, since recently Coinbase (NASDAQ:COIN) and Kraken were sued by the SEC for launching crypto staking services.This article was originally published on U.Today More

This surge in activity among long-dormant Bitcoin addresses marks a significant trend in this current market cycle, reflecting an increase in the movement of old BTC holdings.According to Julio Moreno, the head of research at CryptoQuant, This current cycle has awakened more Bitcoin OG’s than ever. The 10+ year-old Bitcoin spending indicator reached a record high of 3.7% in March, when Bitcoin traded near $70,000, Moreno added. Interestingly, this indicator is currently at 2.5%, which represents the 30-day cumulative spending annualized of Bitcoin with more than 10 years old. This uptick is not far from the record high of 3.7% observed in March, signaling the resurgence of Bitcoin ancient whales. The term “ancient whales” refers to the earliest adopters of Bitcoin, who mined or purchased the cryptocurrency when it was in its infancy and far less valuable than it is today.As reported in the week, an early Bitcoin miner from the Satoshi era has moved 2,000 BTC coins mined way back in 2010. The reactivation of these ancient Bitcoin wallets is not merely a curiosity but a significant event that could have profound implications for the market. The spending of such old coins is a rarity, and when it happens, it is monitored closely for potential impacts on market dynamics. Old Bitcoin miners and whales often act as a source of liquidity and distribution, hence the attention such moves get. The cryptocurrency community and market analysts are closely monitoring this trend. Some view the reactivation of old addresses as a natural progression as Bitcoin matures as an asset class. Others are more cautious, considering it a sign of potential market cooling or preparation for a major price move. At the time of writing, BTC was up 2.86% in the last 24 hours to $69,126, extending its rebound from May 23 lows of $66,259.This article was originally published on U.Today More

Marine Moguls has launched on the ERC-404 protocol, introducing a new approach to digital asset management. The project features $2.9 million in prizes linked to over 25% of the tokens, providing $MOGUL owners a potential chance to win prizes, including 100,000 USDT and 50,000 USDT, along with staking rewards.$MOGUL Contract: 0x0c9bb15b32334bDAA7Ad319FA356Dd3E8e184564NFT Marketplace: https://market.marinemoguls.com All 10,000 Marine Mogul NFTs mock traditional finance while embracing decentralized blockchain. Each has a unique mix of provably random traits and rarities, with 5,000 having attributes that can be merged or crafted into rarer, more desirable, and valuable NFTs. These mechanics enrich the user experience and enhance the potential for returns through strategic trading and holding.Marine Moguls invites everyone to embark on a voyage through a financial wonderland, where every token is a treasure map to untold riches and thrilling market adventures.Users can sell the NFTs on the NFT marketplace, sell the tokens instantly on decentralized exchanges (DEX), or merge and craft NFTs to increase their rarity and value.This innovation allows users to discard (liquidate) an NFT instantly by simply selling a fraction (or all) of a $MOGUL token and repurchasing it minutes later to get a newly minted NFT rather than waiting for someone to buy the NFT on a marketplace, which was standard practice before the advent of ERC-404. Owning less than one $MOGUL token gives the user fractional ownership of the entire Marine Moguls NFT collection. As a result, ERC-404 solves the common and painful challenges of an auction-based NFT trading system that prohibits instant and seamless NFT trading and makes price discovery inefficient. Marine Moguls users who wish to sell their NFT for more than the $MOGUL token price can do so on the NFT marketplace. This innovative new concept is a far more efficient way to interact with, trade, and experience NFTs.Individuals can acquire $MOGUL tokens and join a fast-growing community at the forefront of blockchain innovation.For more information on trading and benefits, visit the official website or connect through the social platforms listed below.About Marine Moguls and MetBot by MetFiMarine Moguls and MetBot, powered by MetFi DAO, redefine AI and digital asset integration using the pioneering ERC-404 protocol. This initiative sets a new standard for blockchain utility, merging token fungibility with the unique traits of NFTs for instant 24/7 NFT liquidity and fractional NFT ownership, broadening access and appeal.MetBot enhances the ecosystem’s utility and value. As a cutting-edge AI high-frequency trading bot, MetBot provides Marine Mogul token holders exclusive access to high-frequency trading that has the potential for returns. This AI bot boasts advanced intelligence and adaptive trading strategies while giving users total control over their funds every step of the way.Marine Moguls and MetBot embody MetFi’s vision of innovation, decentralization, and a valuable and rewarding digital future. Joining the Marine Moguls community leads to an evolving ecosystem that challenges traditional concepts of value and ownership, delivering tangible benefits and sophisticated trading solutions that work in all market conditions.Official LinksNFT Marketplace: https://market.marinemoguls.com This article was originally published on Chainwire More

Michael Saylor, founder of MicroStrategy and a prominent Bitcoin advocate, posted a photo showing a climber delivering a Bitcoin flag to the summit of Mount Everest. This gesture was intended to highlight Bitcoin’s global reach and dominance. However, a subsequent post revealed that Cardano had already achieved this milestone two years prior. Charles Hoskinson responded to the post, ironically highlighting the advantage of Cardano over Bitcoin, particularly in terms of settlement time.Cardano’s blockchain architecture is designed to process transactions more quickly and at a lower cost compared to Bitcoin. Bitcoin, despite its market dominance, often faces criticism for its slower transaction speeds and higher fees, which are attributed to its proof-of-work consensus mechanism. In contrast, Cardano uses a proof-of-stake mechanism. This approach not only reduces the time it takes to settle transactions but also minimizes energy consumption.This article was originally published on U.Today More

Over the last 24 hours, the world’s flagship cryptocurrency plunged by 4.20%, dropping from $69,920 to the $66,980 price mark. However, a rebound that followed took it back up 1.70%. At the time of this writing, digital gold changes hands at $68,180 on the Bitstamp exchange.It was while Bitcoin dropped below the $67,000 level that whales decided to buy the dip and scooped up as much as 20,000 BTC. This amount of the leading digital currency is valued at a staggering $1.34 billion in fiat.Bitcoin price plunge coincided with the approval of the Ethereum spot ETFs issued by the Securities and Exchange Commission on Thursday. These Ethereum exchange-traded funds got approved half a year later after the spot Bitcoin ETFs (they got a green light by the regulator in January).However, experts believe that the demand on the spot Ethereum ETFs will be not as strong as for the Bitcoin exchange-traded product.This article was originally published on U.Today More

Along with their core rollup infrastructure, Caldera offers a catalog of over 50 integrations across the modular stack and an assortment of other custom user-facing tools for chains to leverage. Guardian Nodes are the latest addition to that list.This incentive structure fosters decentralization by encouraging individual stakers to operate honest validators, while punishing those who don’t, making for an extremely high cost to attack a network and compromise its security.Caldera’s Guardian Nodes allow teams to decentralize their rollups by enabling users to verify blocks and secure the network in exchange for rewards. Under the hood, this is accomplished by introducing a novel “light verifier” to Arbitrum rollups that allows Guardian Node operators to verify Nitro batches on everyday hardware without needing to run a full node.Teams can launch Guardian Nodes to their users through a “Node Sale”, which distributes “keys” that authenticate a node’s eligibility to submit claims and earn rewards, granting purchasers the ability to operate a Guardian Node on a given rollup.HYCHAIN, the first team to leverage this system, raised over $8m across 16,000+ node keys in just 2 weeks, completely supercharging their community while generating significant revenue for their project.By enabling more parties to watch over a rollup and identify malicious behavior, the network’s security grows more robust— a crucial step to establishing trust in the chain’s correctness. This in turn generates more demand for a rollup’s native token, which is required for users to participate in validation and helps provide practical cryptoeconomic security for the network.Guardians Nodes are another notch in the belt of Caldera’s impressive infrastructure solution. With the success of HYCHAIN’s launch, we expect more teams building rollups to leverage this innovative product in the coming months.To get started with a high performance rollup, visit Caldera’s website here and/or book a call here.ContactGrowthAlex [email protected] article was originally published on Chainwire More

Iconic Italian football club Juventus has announced a partnership with Instant Casino, a crypto online casino, will be its new regional betting partner in Europe. The agreement has been described as a major win for both Juventus fans and Instant Casino players, promising a wide range of entertainment opportunities and exclusive rewards. Chief Commercial Officer of Juventus Tiziana Di Gioia echoed this optimism while speaking on the new partnership: “We are delighted to welcome Instant Casino to the Juventus family. This partnership represents an exciting chapter for both our club and our fans. Instant Casino shares our commitment to excellence and innovation, and we are confident that together, we will create unforgettable experiences for our supporters.” Despite being a relatively new brand, Instant Casino has quickly made a name for itself in the online gambling market, thanks to its instant payouts. The partnership with Juventus aims to increase its brand visibility to a whole other level, making Instant Casino one of the most discussed new players into the iGaming industry. As per the deal, the Instant Casino brand will become an integral part of the Juventus ecosystem. For instance, the LED system at Allianz (ETR:ALVG) Stadium will prominently feature the Instant Casino logo, accompanied by a range of exciting promotions. “We are honoured and excited to partner with the iconic Italian club Juventus”, said Greg Turner, the head of PR at Instant Casino. “We are looking forward to starting to work with Juventus, which has a rich history and has won countless trophies both domestically and in Europe. At Instant Casino, we will continue to disrupt the market with our simplified casino and sportsbook products, while also offering our players the fastest experience in the business”On the Juventus side of things, in addition to the sponsorship involved, the football club is set to receive a massive boost in fan engagement. Instant Casino will offer special odds and contests for betting enthusiasts during Juventus games. Moreover, the platform will offer opportunities for fans to win official jerseys and tickets to Juventus games. A recent Variety Intelligence report found that betting on a sport made a considerable difference in consumer engagement and viewership. The same report revealed how an increasingly higher number of football fans are getting interested in sports wagering, with this percentage being 37% in 2022. The report highlights that teams saw a significant increase in the number of fans as a result of sports betting.Tech blog Techopedia ranks it one of the best online casinos in Norway (source).Being an instant withdrawal casino, the platform continues to attract new players while boasting impressive customer retention. Instant Casino is quickly separating itself from its competitors, thanks to attractive cashback bonuses, fast cashouts and higher bet limits. The top casino takes pride in providing a tailor-made experience for all players, accepting both fiat and crypto payments. Being a global brand, it has also made provisions for localized payments. About Instant CasinoInstant Casino provides a wide range of games, sportsbooks and megaways, with regular new launches as well. Players can find big money-making opportunities while enjoying any game of their choice. Website: Instant CasinoX: https://twitter.com/_InstantCasinoTelegram: https://t.me/Instant_CasinoContactInstant Casino [email protected] article was originally published on Chainwire More

Saylor still expects Bitcoin to beat Ethereum and all other rivals on the market, according to his tweet.The Godzilla image has a BTC mascot in the bottom right corner as if hinting at the immense power of Bitcoin that its followers believe in and the future impact on the market they expect to see.Mow believed that the odds of spot Ethereum ETFs getting approved had been always 50/50. He reckons that the only real reason that stands behind the approval is that the SEC had pushed themselves into a corner, so they “had no choice but to let it through.”Mow reminded that, for him, ETF approval “does not change the bearish outlook for Ethereum at all.” Earlier this week, Mow tweeted that now is the last chance to sell ETH above 0.05 BTC.On Thursday, the second-largest cryptocurrency, Ethereum, responded to the ETF news with an almost 5% increase, surging to the $3.937 level. However, a rebound followed, taking Ethereum down by 6.86%. At the time of this writing, ETH is changing hands at $3,664 per coin.This article was originally published on U.Today More