Hurry Crypton

2023-08-26 14:31:02 EGO listing made +200% profit on highest point, currently trading in +35% profit above the public sale price.

Great results, especially for such a boring market, hope you joined. If not, you can consider buying now since overall the current price is very good for entering. Open / Comment

2023-08-25 16:13:02 Bitcoin Mining Difficulty Surpasses 50 Trillion for the First Time, Reaching a Record 51.23 Trillion

On Wednesday, Bitcoin reached a new milestone as its mining difficulty increased by 3.4% at block height 792,288, setting a fresh record. The difficulty level surpassed the 50 trillion mark for the first time in Bitcoin’s history, hitting an unparalleled 51.23 trillion.

Data reveals that around 373 exahash per second (EH/s) of hashrate is committed to the Bitcoin blockchain, and the network’s hashpower has been consistently growing.

The most recent difficulty adjustment transpired at block height 792,288 with a 3.4% increase. The difficulty climbed from 49.55 trillion to the present 51.23 trillion after Wednesday’s surge. This is the first time Bitcoin has registered a difficulty above the 50 trillion mark. Open / Comment

2023-08-24 16:13:02 Yuga Labs CEO Daniel Alegre buys a Bored Ape NFT for $90,000

Daniel Alegre, CEO of Yuga Labs — the company that created the Bored Ape Yacht Club (BYAC) — personally bought a piece from his firm's own NFT collection. BAYC is the largest blockchain collectible by market capitalization, nearing $800 million.

For a sum of 50 ether (ETH), or approximately $90,000, Alegre secured ownership of his Bored Ape — number 3575 — which is distinguished by its unique portrayal of a chimpanzee wearing sunglasses and a Sea Captain's hat. The floor price to buy a Bored Ape NFT is currently 43 ETH ($77,500), according to CoinGecko.

The art for each token is a unique combination of different traits, and holders are given creative and commercial rights to their ape images.

Alegre made the purchase yesterday on Blur's NFT trading platform. He previously funded his Ethereum address with ether from a Coinbase account, as on-chain data from Etherscan shows.

He later publicized his new NFT acquisition on Twitter, affectionately introducing it to his children with the caption, "To my kids: meet a new member of the family. Proud to Ape into BAYC #3575."

Alegre has adopted the avatar from his recently acquired NFT as his Twitter profile picture, a move that seems to reflect his active engagement with the NFT community and his commitment to the Bored Ape Yacht Club (BAYC) culture.

In December, Yuga Labs hired Alegre — the former president of gaming firm Activision Blizzard — to the role of CEO. He now oversees Yuga's portfolio of intellectual property, encompassing the Bored Ape Yacht Club, CryptoPunks NFT, and the Otherside metaverse platform. His tenure as CEO officially began on April 1.

Last year, Yuga Labs closed a $450 million funding round from Andreessen Horowitz at a $4 billion valuation. Open / Comment

2023-08-23 15:18:06 PEPE did its best, almost reached my target of H&S pattern! Open / Comment

2023-08-22 16:22:21 International legal company Eternity Law International offers you the following solutions:

• sale of ready-made Banks, Crypto, Forex, EMI/PI, MSB, Asset Management, Gaming licenses
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• Investment opportunities up to 300% annualized
• registration of companies for Crypto, Forex, Fintech, IT, Gaming, Trading activities
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• ICO/STO/crowdfunding legal support
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• drafting contracts, legal opinions, AML and website policies etc
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Tap to check available licenses for sale: @EternityLaw
About us: eternitylaw.com Open / Comment

2023-08-22 14:50:14 Nomura Expands into Dubai's Crypto Market with Full Regulatory Approval. Open / Comment

2023-08-21 17:00:00 Binance Sees Crypto Potential In India, But There's A Catch

The Indian Government has taken a strict stance on cryptocurrency adoption and trading in the country. However, the administration is yet to announce a regulatory framework over digital assets. Meanwhile, Binance, World’s biggest cryptocurrency exchange, seeks a potential future of crypto in India.

India holds huge potential
As per reports, Leon Foong, Head of APAC at Binance, looks at many possibilities of evolving cryptocurrency industry in India. He mentioned that nation’s developing Blockchain startups have gained the recognition of Binance and other tech experts. Foong highlighted that India possesses some basic advantages over other countries. The country can be a very large crypto market while it has many well trained engineers.

Binance APAC head added that India’s tech venture capital investment grew over $44 Billion in 2021. The huge4 amount of crypto and Web 3 related projects can outflow from the country if correct blockchain entrepreneurs get matched with the required capital and talent. Open / Comment

2023-08-20 13:37:06 EC asked Coinbase to Cease Trading for All Cryptos except Bitcoin Before Lawsuit: FT Report. Open / Comment

2023-08-19 14:27:05 REVIEW BITCOIN FRACTAL

I've come across one very interesting BTC fractal! It turns out that every year late August is bullish/neutral, but every start of September is bearish!

Even though the continuation may be anything, first one or two weeks of September are bad for crypto market. Keep it in mind! Open / Comment

2023-08-18 14:19:00 XRP Price Crash Chaos Causes 45% Discount on Major Exchange

In a dramatic turn of events, the crypto market witnessed a whirlwind of liquidations, resulting in over $1 billion in losses within a mere 24 hours. The fallout, affecting nearly 200,000 traders, sent shockwaves through the trading community. As market volatility soared, traders were left grappling with stop orders and margin calls, while a silver lining emerged for opportunistic investors seeking to exploit the downturn.

A surprising arbitrage opportunity materialized on renowned exchange Bybit, unveiling an astonishing 45% discount on the price of XRP. Distinct anomalies were observed in the derivative contracts XRPUSD and XRPUSDT, where a significant depeg occurred. Notably, the dollar-collateralized futures contract displayed a jaw-dropping value of $0.32 for XRP, while its USDT counterpart settled at $0.46. This price divergence was transient, lasting a mere 20 minutes.

For anyone curious, the arb today was between the XRPUSD and XRPUSDT contracts on Bybit. A 45% discount occurred that closed after 10-20 minutes.

Most likely, algo market makers ran out of spot XRP needed for the coin margined contract amidst the large liquidations that occurred

A prominent figure within the crypto sphere, known by the nickname "DeFi^2," offered insights into this aberration, attributing the phenomenon to the potential depletion of spot XRP among algorithmic market makers. These market forces, strained by the cascade of widespread liquidations, may have inadvertently triggered the pricing dislocation. Open / Comment