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Showing posts with the label bitcoin news

Animoca Brands “comes to Bitcoin” with OPAL Protocol

Animoca Brands says Bitcoin is ready for Web3. The blockchain gaming giant will collaborate with Darewise and OPAL Protocol to launch a new era for gaming, DeFi and Web3 on BTC. BLIF, a new token of the OPAL Protocol, will power the ecosystem. Animoca Brands, a leading blockchain gaming company with a huge presence across the market, has announced its entry into the Bitcoin ecosystem. The Hong Kong-based company’s huge announcement came via a post on X on Tuesday. Among other details, Animoca Brands said it “is coming to Bitcoin” and that the pioneer blockchain network is “ready for Web3.” In this quest to dominate the new era of Bitcoin gaming, Animoca Brands is tapping into the OPAL Protocol, a new ecosystem on Bitcoin that’s powered by the BLIF token. “ BLIF will be the OPAL Protocol Runes token, powering a true digital life on Bitcoin and beyond ,” the company noted on X. Animoca Brands is coming to #Bi...

Bitcoin could rally towards $55k soon as Bitcoin Dogs presale crosses $3 million

Key takeaways Bitcoin continues to trade below $52k and could rally higher soon. The Bitcoin Dogs presale has raised more than $3 million roughly a week after launch. Bitcoin could surge towards $55k soon The cryptocurrency market has been consolidating over the last few days following its rally last week. Bitcoin’s price has been stagnant since the start of the week but could surge higher soon. At press time, the  price of Bitcoin stands at $51,613, down by 1% in the last 24 hours. The poor performance comes after it reached a yearly high of $52,623, its highest level since 2021. Thanks to the recent rally, Bitcoin’s total market cap has now crossed the $1 trillion mark for the first time in more than two years. Despite the recent consolidation, Bitcoin could be eyeing the $55k level soon as the bulls remain in control.  What is Bitcoin Dogs? With Bitcoin rally ing since the start of the year, investors continue to keep an ey...

Bitbot gears up for presale amid uncertainty ahead of first BTC options expiry post ETF approval

BTC options expiry reveals short-term volatility post ETF approval. Bitbot’s presale on Jan 17 promises unprecedented excitement with self-custodial solutions. With a total supply of 1 billion tokens, Bitbot aims for a $1B market cap and top listings. As 2024 signals the potential start of a new bull run, the crypto market is buzzing with excitement. The recent Bitcoin ETF approval sparks short-term volatility, while Bitbot, a revolutionary Telegram trading bot, gears up for its token presale on January 17. In this article, we delve into the first anticipated Bitcoin options expiry post Bitcoin ETF approval and the upcoming Bitbot presale , exploring the potential for exhilarating opportunities in the evolving crypto landscape. First BTC Options expiry post Bitcoin ETF approval The approval of the Bitcoin Spot ETF on Wall Street has set the stage for unprecedented market movements. Despite the historical significance, Bitcoin’s price exhibit...

Bitcoin surpasses $37K following the election of a pro-BTC president in Argentina

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At press time, Bitcoin was trading at $37,172.29. BTC broke the $37K mark in the wake of Javier Milei’s victory in the Argentinian presidential elections. Javier Milei is a pro-Bitcoin politician. Bitcoin experienced a surge, surpassing the $37,000 mark, in the wake of Javier Milei’s victory in the Argentine presidential election . Milei, a self-described anarcho-capitalist, clinched the presidency with a significant 55% of the votes, signalling a major political shift in the country. Pro-Bitcoin stance fuels market confidence Milei, celebrated for his pro-bitcoin stance, has positioned himself as a supporter of decentralized finance (DeFi) and a critic of central banks. His victory has resonated positively within the cryptocurrency community, with Bitcoin enthusiasts optimistic about the potential impact of a pro-bitcoin leader in Argentina . While Milei sees Bitcoin as a crucial tool for economic revival, it’s important to note that he ...

Morgan Stanley bullish on Bitcoin halving; Shiba Inu, BNB, and this new token could soar

Morgan Stanley, a big investment bank, has just stated that the upcoming Bitcoin (BTC) halving will likely trigger a fresh bull market in 2024.  This means that the price of Bitcoin could go up significantly and so will other altcoins. Altcoins that could benefit from this rally include Shiba Inu, BNB, and Everlodge. Everlodge the first web3 marketplace for real estate trade Shiha Inu and BNB crypto are not the only tokens that can benefit from the Bitcoin halving. One new token that analysts believe will see more gains in 2024 is the Everlodge token, ELDG. Why? You might ask. Global tourism has been growing since the end of the Covid-19 lockdown.  Because investing in real estate requires a significant amount of money upfront, only a few wealthy individuals have joined the industry. Everlodge is here to assist and promises to make property investment simpler. They’ve harnessed blockchain technology to turn real estate into NFTs, whic...

ESMA warned crypto investors on Tuesday: find out more

ESMA says MiCA will take time to be fully implemented. Crypto investors, therefore, remain at risk in the meantime. Bitcoin is trading well under the $29,000 level on Tuesday. All eyes are on Bitcoin after ESMA – the European Securities & Markets Authority cautioned crypto investors on Tuesday. MiCA will take time to be implemented Earlier this year, the European Union approved an extensive set of regulations for crypto assets that it’s calling Markets in Crypto-Assets Regulation. On Tuesday, however, ESMA warned crypto investors that it will likely take until December of 2024 for MiCA to be fully implemented. It is also worth mentioning here that a bunch of crypto firms will be able to remain in business without an EU license in states that grant them a transitional period of 18 months – which means full protections in these EU states will not be available until July 2026. At writing, Bitcoin is trading well under the $29,000 lev...