Author: NBTC
Michael Saylor, founder and executive chairman of the MicroStrategy business intelligence software giant, has taken to his account on the X social media platform (widely famous as Twitter in the past) to communicate a Bitcoin message to the global cryptocurrency community. This took place as the world’s flagship digital currency began showing signs of revival and recapturing the $60,000 level once again. Several hours prior to that, MicroStrategy made another big Bitcoin offer to its investors. “Running Bitcoin”: Michael Saylor Saylor published a tweet which says “Running Bitcoin” which features Saylor as a football player running during a game across…
Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter. The comeback kid I think we can all agree that NFTs won’t undergo the same explosion we saw last cycle. That’s not, of course, to say that NFTs can’t make a comeback of any sort. But it looks like we won’t see CryptoPunk #5822 fetch another $23 million (8,000 ETH at the time) like it did a few years ago. (For reference, in the past 24 hours, CryptoPunk #8135 sold for a cool 29 ETH, or $71,000, per CryptoSlam.)…
Famous scholar, risk manager and author of bestselling books “The Black Swan,” “Antifragile,” “Skin in The Game” and others, Nassim Nicolas Taleb, has shared his take on the current state of the financial markets and the future of artificial intelligence (AI) companies from investors’ point of view. This week, Taleb made an appearance on Bloomberg TV where he discussed these important subjects. The renowned “Black Swan” author believes that currently the markets are becoming very fragile. While gold is growing in price, Taleb said that he does not count on gold in this situation but he prefers to be focused…
Five altcoins – Uniswap, Ripple, Fantom, Sei, and Celestia have been tipped to lead the highly expected rally in October (Uptober) 2024. According to analysts, XRP’s fate would largely depend on the decision of the US Securities and Exchange Commission (SEC) to appeal the July 2023 ruling in the Ripple case. With just three days away from entering one of the most bullish months in the crypto calendar, October (Uptober), analysts have carefully selected five major altcoins that could be the talking point based on their value proposition within the period. Celestia (TIA) Celestia (TIA), the world’s first data-available blockchain…
Hoskinson implied that Wright’s ongoing litigation was an abuse of the justice system. Wright had harsh words for Hoskinson and the Cardano initiative last year. Charles Hoskinson, founder of Cardano, wasted no time criticizing Craig Wright after his most recent legal move—a massive £911 billion lawsuit against Bitcoin Core and Square. An influential crypto figure, Hoskinson, has voiced his displeasure with Wright’s continuing legal proceedings. He wanted to know why the authorities keep letting these legal manipulations happen. Additionally, he implied that Wright’s ongoing litigation was an abuse of the justice system. What drives this, in his view, are irrational…
Potential policy shifts and market sentiment during the 2024 election could affect Bitcoin. In 2020, Bitcoin soared from $13k to $69k after the halving and election. Past Bitcoin halvings and US elections have consistently triggered significant price increases. According to a recent tweet by renowned crypto trader Mister Crypto, history may be repeating itself for Bitcoin as the cryptocurrency approaches significant milestones that have previously driven major price movements. Mister Crypto highlighted how the Bitcoin halving event and the upcoming US election mirror the patterns seen in past cycles, sparking speculation about a potential price surge soon. Bitcoin Past Historical…
Solana has surpassed all other blockchains combined in weekly chain royalties from NFTs. According to SolanaFloor, a Solana news source, Solana earned $374K in royalties, capturing 55% of the total royalties across all blockchains. This is a significant lead, as the total royalty earnings from NFTs reached $678.6K. Source: https://t.co/ay4jllEp0O — SolanaFloor (@SolanaFloor) October 14, 2024 Ethereum Follows Solana in NFT Royalties, Earns $212K Ethereum is second on the list with $ 212.9K in royalties and has 31% of the market dominance. Even though Ethereum reigns supreme in the NFT market, its revenues are significantly lower than Solana’s, which indicates…
Grayscale adds Kaspa (KAS) to its “Assets Under Consideration,” signaling potential future inclusion in its crypto investment products. Kaspa’s GhostDAG consensus offers parallel block processing, boosting transaction speed without compromising security. Inclusion in Grayscale products could boost Kaspa’s liquidity and visibility, attracting institutional investors through regulated exposure. Digital asset management company Grayscale Investments has released assets that may be included in future investment products, with Kaspa (KAS) among them. This development has been considered part of Grayscale’s market diversification plan to cover new technologies in the crypto market. Kaspa also joins other digital assets listed for review as of October…
A significant upsurge has recently taken place in the crypto market, with many tokens witnessing huge gains. As per Phoenix, a popular crypto analytics platform, $NAVX, $CETUS, and $ARK are among the leading projects among the top gainers in terms of daily returns. The analytics firm provided the statistics of these projects on its official social media account. DAILY GAINERS$NAVX +27.1% $CETUS +23.3% $ARK +21.7% $NXRA +18.6% $ATLAS +18.5% $LIKE +15.8% $VLX +15.5% $DC +15.5% $RACA +15.0% $GTAI +13.4%#dailygainers pic.twitter.com/WI4XJ3zbQ2 — PHOENIX – Crypto News & Analytics (@pnxgrp) September 29, 2024 $NAVX Dominates the Top Crypto Daily Gainers with a…
The South African Revenue Service (SARS) has announced plans to include crypto assets in its tax compliance programs. SARS is seeking information on crypto users and is increasing its efforts to identify and audit non-compliant taxpayers. The revenue collector urged taxpayers concerned about compliance to participate in the Voluntary Disclosure Program, but those already under audit will be ineligible. SARS has emphasized the consequences of willful tax evasion and stated its commitment to pursuing all non-compliant taxpayers. SARS Aims to Streamline Crypto Tax Compliance The South African Revenue Service (SARS) announced plans to include crypto assets in its compliance programs.…