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According to BlockBeats, Leonidas, the developer of the Ordinals protocol, announced on April 6 that Runestone NFT holders will receive three Runes Memecoin airdrops. These airdrops are scheduled to take place later this month and later this year, when Runes Memecoin becomes the top Memecoin in the world.

Leonidas also announced that one of the tokens to be airdropped will be related to dogs. However, no further details were given about the nature of this dog-related token or the specific dates of the airdrops.

The announcement has sparked interest among Runestone NFT holders and the broader cryptocurrency community as they anticipate the potential value and impact of these airdrops. Runes Memecoin, developed within the scope of the Ordinals protocol, is expected to attract significant attention after these airdrops.

This move by Leonidas is seen as a strategic effort to increase the popularity and value of Runes Memecoin. However, the success of this strategy will largely depend on the acceptance and adoption of airdropped tokens by Runestone NFT holders and the broader cryptocurrency market.

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Station70, a trusted recovery infrastructure for cryptocurrency assets, has successfully completed its seed funding round, raising $5 million, according to Foresight News. The funding round was led by Castle Island Ventures, with participation from Fireblocks, CoinShares and SCB 10X.

In addition to the funding news, Station70 also launched Bunker, a service that provides critical backup and recovery services for institutions in the cryptocurrency industry. This service aims to increase the security and reliability of digital asset transactions, ensuring that institutions can safely manage and recover their cryptocurrency assets if necessary.

The successful funding round and the launch of Bunker underscore Station70's commitment to providing robust and secure infrastructure for the growing cryptocurrency market. The funds raised will be used to further develop their services and expand their reach in the industry.

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According to Foresight News, Bitcoin's L2 interoperability layer MAP Protocol has reached a historical high, with Total Value Locked (TVL) exceeding $30 million. This represents a significant increase of over 900% since the beginning of the year.

In addition to this milestone, Hiveswap, the DEX project of the MAP Protocol ecosystem, launched a two-month staking mining operation. Cross-chain stakers and liquidity providers will share 21 million MAPO and 8% of the DEX platform token HIVP. This development is expected to further increase the growth and adoption of the MAP Protocol.

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According to Foresight News, during the '2024 Hong Kong Web3 Carnival', TON Foundation President Steve Yun and Telegram APP Chief Investment Officer John Hyman gave a keynote on 'Cryptographic Changes Within the Telegram Ecosystem'. Yun pointed out that Web3 faces challenges in mass adoption, such as complex user experience, lack of simple engagement methods, lack of viral marketing, and lack of distribution channels. However, TON has addressed these issues to some extent by integrating wallets, Mini Apps, simple login mechanisms, and Telegram ads into Telegram.

Yun also explained that there needs to be a layer of engagement between Web2 and Web3, which requires simple mechanisms such as Click-to-Earn, social viral spread, and gamification such as Play-Ear, Learn-Ear, and Redeem. to win. Viral applications combined with the Web3 economy can achieve mass adoption effects. The TON Foundation's goal is to include 30% of Telegram users on Web3 by 2028.

Telegram APP Chief Investment Officer John Hyman stated that their relationship with the blockchain community is symbiotic and they are at the forefront of the development of many applications. FRAGMENT, which allows usernames to be bought and sold, has surpassed $350 million in sales of Telegram usernames since its launch. Telegram is becoming a hub for Mini App development with 360 million active users using Bots and Mini Apps every month.

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According to Foresight News, self-hosted service provider Safeheron has officially partnered with Web3 payment service provider KUN. Safeheron will provide enterprise-grade secure self-hosting solutions to KUN. Together, they aim to create a highly secure and compatible Web3 payment experience for users, promoting the application of Web3 technology in various industries.

KUN is a company that the Hong Kong government prioritizes for promotion. It provides one-stop Web3.0 payment processing service solutions for cross-border e-commerce, digital entertainment, advertising logistics, Web3 projects and other business customers. Safeheron provides comprehensive, one-stop digital asset self-hosting solutions to enterprise customers through independently developed secure multiparty computation (MPC) technology and trusted execution environment (TEE) technology.

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According to CoinDesk, Ripple has struck a deal to acquire Standard Custody & Trust Co. in order to secure a New York trust charter and expand its U.S. regulatory licensing. The acquisition, which is still awaiting approval from the New York Department of Financial Services, will allow Ripple to offer more in-house services, including to financial firms seeking to tokenize assets. This move is part of Ripple's ongoing efforts to push beyond its well-known role as a payments network and into other financial products that can benefit from blockchain technology.

Ripple President Monica Long said in an interview that the company wants to offer more infrastructure pieces to financial institutions and sees the acquisition as providing a lot of flexibility. The deal with Standard Custody & Trust adds a crypto custody and settlement business to Ripple's offerings, allowing customers to maintain custody with Ripple instead of relying on an outside partner. This acquisition follows Ripple's purchase of another cryptocurrency custody firm, Metaco, last year.

Despite Ripple's overseas focus and its legal clash with the U.S. Securities and Exchange Commission (SEC), the company is still trying to expand its capabilities in the U.S. Long stated that Ripple's hesitation about the U.S. market is more about the regulatory uncertainty surrounding digital assets rather than the specific clash with the SEC. However, she believes that the U.S. has the potential to emerge as a leader in driving innovation in the digital asset space.

#Ripple #Write2Earn #TrendingTopic

As per data from CME "Fed Watch," there is an 84.5% probability that the U.S. Federal Reserve will maintain interest rates at a range of 5.25%-5.50% in March 2023. Meanwhile, the odds that it will implement a 25 basis point cut are 15.5%.

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According to ByteTree, there has been a notable increase in the allocation of Bitcoin (BTC) to exchange-traded products (ETPs) globally since October 2023. Nearly 100,000 BTC have been added, bringing the total held to about 890,000 BTC. This figure represents around 4.56% of the circulating Bitcoin supply.

In the past week alone, an estimated 25,000 BTC have entered global Bitcoin ETPs, marking the largest weekly hike since the start of 2021.

Furthermore, net inflows into global Bitcoin ETPs hit 38,000 BTC in February, roughly matching the combined net inflows for November, December, and January of 2023.

#ETF #Write2Earn #TrendingTopic

On Feb 13, 2024, 14:24 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,600 USDT and is now trading at 2,599.820068 USDT, with a 3.71% increase in 24 hours.

#Ethereum #Write2Earn #TrendingTopic

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On Feb 13, 2024, 10:42 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 50,000 USDT and is now trading at 49,961.988281 USDT, with a 3.65% increase in 24 hours.

#Bitcoin #Write2Earn #TrendingTopic

Bitcoin (BTC)’s surge to $50,000 on Monday comes at a time of souped-up institutional demand, a possible pivot in interest rates, and incoming scarcity from the Bitcoin halving — a stark contrast from just two years ago. 

Data shows that the last time Bitcoin hit the $50,000 mark was in December 2021, a time when — unbeknownst to the majority of investors — crypto was just about to crumble into an enduring bear market marked by 11 consecutive interest rate hikes in the United States, the collapse several high-profile crypto institutions and an exodus of retail investors from crypto that saw Bitcoin crashing to 

“We’ve got four or five cuts lined up from the Federal Reserve in 2024, the fourth bitcoin halving that will enhance the asset’s scarcity, and further inflows to bitcoin ETFs after already seeing billions of dollars flow in just weeks after launching.”

The first big catalyst many investors are looking to is the upcoming Bitcoin halving, explained Gilbert. The halving is scheduled for April and is the time when as mining rewards being cut in half for Bitcoin miners. It is widely viewed as a bullish catalyst for the price of BTC in the long term.

Related: Bitcoin looks to surpass Meta in total value as crypto climbs

Gilbert said there’s also positive sentiment brewing over the performance of Bitcoin ETFs, providing the market with added confidence that institutions are buying Bitcoin at a growing rate.
A Feb. 12 report from CoinShares revealed that spot Bitcoin ETFs had attracted a total of $1.1 billion worth of inflows in the past week, the biggest seven-day period of inflows since the ETFs first went live on Jan. 11.
Bitcoin ETFs notched $1.1 billion in inflows over the last week.

Source: CoinShares

Retail interest meanwhile, has remained low, with crypto market analyst Will Clemente suggesting this could indicate a more sustainable foundation for growth in the wider market.
Interest in the search term “Bitcoin” in Dec. 2021 was hovering at a score of 39, according to data from Google Trends.

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According to CryptoPotato, the lawsuit between the United States Securities and Exchange Commission (SEC) and Ripple Labs is nearing a decisive phase, with the trial scheduled for April 23rd, 2024. This legal conflict has been one of the longest-standing in the industry and is expected to have a significant impact on the entire field.

As both parties prepare for the critical phase of the lawsuit, the SEC achieved a small victory on February 6th. Judge Sarah Netburn ruled in favor of the Agency and directed Ripple to disclose important financial records for 2022 and 2023. Ripple had previously contested the SEC's request, arguing that its financial status was not pertinent to the case. This ruling marks the first positive outcome for the Agency in a while, following a series of setbacks.

In other Ripple news, Metaco, a company acquired by Ripple, recently saw its CEO and CPO depart without much fanfare. This has led to speculation that the deal between the two companies necessitated a leadership transition. On a positive note, Oliver Segovia, senior director and head of product marketing at Ripple, teased that they are preparing to launch their payment solution in the United States.

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According to Foresight News, the dYdX Foundation announced that Chaos Labs has launched a six-month incentive program, distributing 5 million DYDX tokens to over 2,000 eligible users. The initiative aims to encourage user participation and engagement within the dYdX ecosystem.

The distribution of tokens is part of a broader strategy to foster growth and development within the dYdX community. By rewarding users with DYDX tokens, the foundation hopes to incentivize continued support and involvement in the platform's various projects and initiatives.

#Write2Earn #TrendingTopic

Top 5 Coins on Binance to Watch Before the Bull Run This Year: Dive into the Dynamic Crypto World 🚀

With the crypto market heating up, it's time to spotlight five coins on Binance primed for potential growth:

1. DYM (Dynamic): This DeFi powerhouse is shaking things up with its dynamic tokenomics and robust ecosystem. 💥

2. RONIN: Gaming meets blockchain with RONIN, offering scalability and NFT innovation for the gaming industry. 🎮

3. PYTH: Trustworthy real-time data feeds for dApps and smart contracts make PYTH a standout in the oracle market. 🔮

4. Jupiter: Reach for the stars with Jupiter's scalable, interoperable blockchain platform, offering solutions for various industries. 🌌

5. AltLayer: Unlock new possibilities with AltLayer's developer-friendly tools for building custom blockchain networks. 🛠️

Don't miss out on these gems before the next bull run takes off! Keep your eyes peeled and your portfolios ready for potential gains. 📈

❤️ If you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content. 🙏🏿

Disclaimer: This content is not a paid advertisement and is not intended to persuade or encourage investment. Please conduct thorough research and make informed decisions based on your own analysis before considering any investment opportunities.

#Write2Earn  #cpi  #BTC

On Feb 13, 2024, 07:00 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 50,000 USDT benchmark and is now trading at 50,006.949219 USDT, with a 4.02% increase in 24 hours.

#Bitcoin #Write2Earn #TrendingTopic

According to CoinDesk, during a CNBC interview, Michael Saylor, MicroStrategy's co-founder and executive chairman, highlighted the ETF-driven demand surge for bitcoin, citing its novelty, digital nature, and global appeal. Saylor also said that MicroStrategy will be re-branding into a bitcoin development company, given the success of its crypto focus. He explained that the recent listing of bitcoin exchange-traded funds (ETFs) is pushing up the token's price as there is a massive imbalance in the crypto's supply and nearly a decade of pent-up demand for a retail accessible BTC product.

"There's ten times as much demand for bitcoin coming into these ETFs as there is supply coming from the natural sellers who are the miners," Saylor said. He added that mainstream investors are finally able to access bitcoin, driving the surge of capital in the asset class. Bitcoin is in demand because it's uncorrelated to traditional risk assets and doesn't come with exposure to any given country or company, according to Saylor.

Saylor also revealed that MicroStrategy will be re-branding to a bitcoin development company, reflecting its strategy to accumulate more bitcoin and promote the growth of the Bitcoin network. He compared this move to a real estate or petroleum development company and said that MicroStrategy's model offers greater flexibility than an investment trust, enabling the company to develop software, generate cash flow, leverage the capital market, and accumulate bitcoin for its shareholders while fostering the Bitcoin network.

#ETF #Write2Earn #TrendingTopic

On Feb 13, 2024, 05:53 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 50,000 USDT benchmark and is now trading at 50,026.671875 USDT, with a 3.30% increase in 24 hours.

#Bitcoin #Write2Earn #TrendingTopic

According to Foresight News, Nervos co-founder Cipher Wang has launched the RGB++ Protocol. This extended protocol is based on the Bitcoin smart contract protocol RGB and utilizes one-time sealed strips and client validation technology to manage state changes and transaction verification. The protocol maps Bitcoin UTXO to Nervos CKB's Cell through isomorphic binding and uses script constraints on the CKB chain and Bitcoin chain to verify the correctness of state calculations and the validity of ownership changes.

RGB++ addresses technical issues in the original RGB protocol's implementation and offers additional possibilities, such as blockchain-enhanced client validation, transaction folding, shared state and ownerless contracts, and non-interactive transfers. It brings Turing-complete contract expansion and performance expansion to Bitcoin without the need for cross-chain transactions or compromising security.

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