BSN’s founding members include the institutional digital asset wallet Blockdaemon, the blockchain infrastructure automation platform Zeeve, the digital asset creation platform Toko and tech firms GFT Technologies and Red Date Technology.Continue Reading on Cointelegraph More
The long-awaited event is to take place in late December, two days prior to Christmas Day. But DOGE will not be the only crypto to be taken to the Moon this year.Back in 2015, the Dogecoin community began raising funds for the future space mission of taking DOGE to the natural satellite of Earth. Now, they have teamed up with Astrobotic to make their dream come true.Astrobotic is a space company owned by its employees and it is focused on developing various supplementary things for spacecraft – advanced navigation, operation, power, testing, and computing systems.They deliver various cargoes to the Moon for governments, corporations and those individuals who can afford this.The company emerged in 2007 and is headquartered in Mojave, California and Pittsburgh, PA. Up to now, Astrobotic has successfully completed two Moon missions with landing. The mission of the company is to make space available to the humanity.This time, Astrobotic is carrying NASA’s and some other payloads to deliver them to the Moon. However, aside from those, according to the Payload Manifest, there will be a DHL MoonBox. It will contain various “payloads from around the world will be stored aboard Peregrine on the Moon for centuries to come. From photographs and novels to student work and a piece of Mount Everest”.ImageHowever, later Musk revealed that SpaceX was getting ready for a mission to take a satellite to a lunar orbit and that mission, according to Musk, was paid for in Dogecoin by Geometric Energy Corporation (GEC)Musk called it DOGE-1 Lunar Mission. It is expected to launch at some point this year but it has been constantly delayed for various reasons so far.This article was originally published on U.Today More
The NPS acquired 282,673 Coinbase shares in Q3 of 2023, according to a stock holdings report filed with the United States Securities and Exchange Commission (SEC) on Nov. 15.Continue Reading on Cointelegraph More
According to a Reuters report, Bora Erdamar, a director at the BlockchainIST Center — a blockchain technology research and development center — said the upcoming crypto regulations will prioritize implementing specific licensing standards to prevent system abuse. Erdamar added that the regulations may encompass factors such as capital adequacy standards, enhancements in digital security, custody services and verification of reserves.Continue Reading on Cointelegraph More
The optimistic sentiment in the crypto market is partly due to macroeconomic shifts. Indications that the Federal Reserve might move from its tightening cycle to a rate-cutting cycle have played a favorable role for Bitcoin. This transition occurs against a backdrop of declining stock prices, bond yields, and a weaker dollar value.Geopolitical tensions also influence the market dynamics as investors seek safe-haven assets amid Israel’s actions in Gaza and broader Middle East unrest. Larry Fink of investment giant BlackRock (NYSE:BLK) has referred to Bitcoin as “digitizing gold,” underscoring its growing appeal as a safe-haven asset.If Bitcoin can breach the $38,000 threshold, market watchers suggest it may set its sights on the psychologically significant $40,000 level. Meanwhile, the broader cryptocurrency market is showing signs of vigor, with Ether [ETH] climbing over 3% to surpass $2,000 once more. Altcoins like Solana [SOL] and Avalanche [AVAX] are leading the charge with substantial gains attributed to reduced concerns around FTX and increased institutional interest for SOL, while AVAX benefits from its involvement in a tokenization proof of concept with JPMorgan and Apollo.The CoinDesk Market Index (CMI) reflected this positive trend with a 5% increase. Analysts from ByteTree emphasized Bitcoin’s robust performance relative to traditional assets such as U.S. equity indexes and gold. They noted the strengthening altcoin trend following two years of crypto winter and pointed out that the ByteTree Crypto Average (BCA) signaled a four-star rating, indicating broad market strength and recommending greater exposure to cryptocurrencies. “The good times are here,” said the analysts, highlighting the market’s buoyancy.This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. More
The sustained bullish price action from altcoins has led some analysts to declare the arrival of an altcoin season, and at the time of writing, the total market capitalization of the altcoin market has hit a 2023 high at $659.5 billion. Continue Reading on Cointelegraph More
Hill began the meeting by citing an article published by The Wall Street Journal on Oct. 10 on the use of crypto by Hamas for fundraising. The article was corrected on Oct. 27 to reflect more accurately crucial data produced by blockchain analytics firm Elliptic, as Hill also mentioned. He continued:Continue Reading on Cointelegraph More
In a significant development leading up to this conclusion, Tether had disclosed in its third-quarter attestation report that an unprecedented 85.7% of its total reserves were in cash or cash equivalents. This disclosure highlighted that a significant amount of Tether’s reserves was allocated to U.S. Treasury Bills, amounting to an exposure of $72.6 billion.The lawsuit’s termination marks an end to one of the legal challenges faced by Tether, a company at the forefront of the cryptocurrency market with its widely used stablecoin. The outcome provides some relief to Tether and Bitfinex amidst ongoing scrutiny over the transparency and backing of digital assets tied to traditional currencies.This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. More
