BTC

BTC Markets launches major cryptocurrency Immutable X (IMX)

MELBOURNE, February 12, 2024 -- BTC Markets, one of Australia’s leading cryptocurrency exchanges, is proud to announce the addition of prominent cryptocurrency, Immutable X (IMX) to their platform, with the trading pair IMX/AUD launched on 7 February. This listing marks a significant expansion of the exchange’s digital currency offerings. Launched in 2018 by Australians James Ferguson, Robbie Ferguson, and Alex Connolly, Immutable X has garnered significant attention and success globally, showcasing a remarkable 455% price growth in 2023 and achieving a market cap exceeding US$2.7 billion. Recognised as a major

Bracket Labs Announces $2 Million Pre-Seed Raise to Support the Launch of its ‘Passages’ Trading Platform

PANAMA CITY FLA – January 4, 2024 – Bracket Labs completed a $2 million pre-seed fundraise round to support the launch of "Passage," a volatility trading product available on the project’s BracketX trading platform. The debut of the range-bound product makes trading long and short volatility entirely on-chain easy for traders of all levels. In June 2023, Bracket Labs completed Binance Labs’ Season 5 Incubation Program and received investment from Binance Labs. In addition to completing the Incubation Program, Bracket Labs completed its pre-seed investment round from other notable crypto

SMI Vantage Signs Bitcoin Mining Lease Agreement

Further to the Offer to Rent agreement previously announced in Sept 2023, the Company has now moved forward and signed a Lease Agreement SINGAPORE, Dec 6, 2023 - (ACN Newswire) - SMI Vantage Limited ("SMI" or the "Company"), a company listed on the mainboard of the SGX, is pleased to announce the signing of a Lease Agreement ("the Agreement") by its wholly-owned subsidiary SMI CS Pte Ltd. This is further to the previously announced Offer to Rent Agreement. The Agreement allows SMI Vantage to start Bitcoin-mining in a new location

Stablecoins Under Scrutiny

Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Crypto Chaos

Despite the second-largest bank failure in US history, the Federal Reserve continued its interest rate hike strategy last week. This caused markets to react by pricing in continued monetary tightening, pushing back their expectations of rate decreases to 2024. Some have perceived this move as necessary to combat inflation, even if it comes at the cost of breaking the banking sector. Unfortunately, this sober outlook suggests that the rest of the year may be marked by more sideways action in the markets rather than a steady recovery. Meanwhile, in the

Latest Cryptocurrency Price Forecast – BTC XRP XLM HBAR ADA

2023-4-4 The past week has brought a relatively mixed bag to the market, with minor losses and gains witnessed across the top 100. However, some prevailed with significant gains, such as XRP and XLM, while others began to stagnate or shed value, including the likes of BTC. As of the 3rd of April, the cryptocurrency market cap stands at $1.17T, a one hundred million increase from the week prior, but a decrease of 1.38% across the past 24 hours. Bitcoin (BTC) Opening the week at $27.86k, Bitcoin was subject to

Krypto Miners Club Releases Revolutionary NFT Collection Backed by BTC Mining on Polygon Blockchain

Now you can have your own Bitcoin Mining Through Krypto Miners Club(KMC) NFTS Highlights A community based NFT project backed by BTC mining is revolutionising the mining industry with their cutting edge technology and strategy. The Krypto Miners Club is a 4 phased project which includes 8888 NFT’s focusing on creating long term passive income from mining for their NFT holders The First Phase consisting of 2,222 NFT’s has been released on the Polygon Blockchain. 24 March, 2023, Dubai: Krypto Miners Club (KMC), a leading blockchain-based company, has released phase

Top 3 Cryptocurrencies Should Be Concerned in 2023

Thanks to the development of information technology, we can move from doing direct business such as opening a restaurant, hotel to an online business such as stocks, securities and most recently cryptocurrency exchanges. Here are the top 3 cryptocurrencies that should be considered and considered for investment. 1. Binance Coin (BNB) Market Value: $44 billion Binance Coin (BNB) is one of the many largest cryptocurrency exchanges in the world, it is a cryptocurrency used to pay fees and transactions. In the past starting in 2017, Binance Coin simply performed functions

Bonds, Bitcoin Bonds

Just over a year ago El Salvador made history by becoming the first, and only country in the world to make Bitcoin legal tender. Much to the anger of the international community of central bankers, they pushed ahead with their plans, doubling down by planning a $1 billion bond release to build Bitcoin City. According to the mainstream media, El Salvador’s experiment with cryptocurrency has been an unmitigated disaster. The country is on the verge of bankruptcy, there hasn’t been widespread adoption of crypto, and the president is a ruthless

BingX Introduces Zero Fee For Spot Trading

SINGAPORE - Media OutReach - 8 September 2022 - BingX, the leading social trading crypto exchange, is proud to announce that it has eliminated fees on spot trading. All maker, taker, and grid robot transactions in spot trading will enjoy the benefit of zero transaction fees. Zero-fee trading took effect from Wednesday, Sep 7, 2022, at 2 pm (UTC +8), applicable across all spot trading volumes, and is subject to further notice. It facilitates traders to align their positions with popular coins like BTC, ETH, MATIC, PSG, ADA, SHIB, LUNC, OP, STG,

Bitcoin’s Hashrate Slides 15% in 10 Days, Price and Difficulty Puts Pressure on BTC Miners

The price of bitcoin has been on a long losing streak since November 10, 2021, when the leading crypto asset tapped an all-time high at $69K per unit. During the last two weeks, bitcoin has shed more than 19% in value, and the network’s hashrate has dropped from over 200 exahash per second (EH/s) to 174 EH/s losing roughly 15% in ten days. Civil Unrest in Kazakhstan Leads to Hashrate Loss Speculation, Kazakhstan’s Bitcoin Miners Say Issues Did Not Affect Them This week the civil unrest in Kazakhstan caused a