âĄïž @ArchLending has announced the closure of its $5M equity seed round
Arch Lending, a financial platform that offers crypto-backed loans, raises $75M in equity and debt. The raise includes a $5M equity seed round, co-led by Morgan Creek Digital & @CastleIslandVC and joined by @Galaxyhq, @BitGo, @KeneticCapital, @Block0, @AlumniVentures, Perpetual Value Partners, and others. The project has also received a scalable $70M loan financing facility backed by Galaxy.
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Shiba Inu Marketing Lead Predicts Bitcoin Bull Run Start
Shiba Inu marketing head LUCIE has commented on the Bitcoin bull run and its imminent start. She references Bitcoin's post-halving surge, which frequently starts a fresh bull run. The market may be heading for another bull bounce after the 2024 halving, according to history.
Mapping Bitcoin Post-Halving Rallies
On X (previously Twitter), Shiba Inu marketing entrepreneur LUCIE informed her 144,000 followers when she anticipated the Bitcoin bull run to start. The essay cites prior bull cycles and the timing for rallies following Bitcoin halvings.
initial, it took about a year for the BTC price to rise following the initial halving in 2012. A long bull market drove Bitcoin prices to record highs. Again, in 2016, the market moved similarly.
After the 2016 Bitcoin halving, the bull market started sooner. The 2016 bull rise started six months after the halving, unlike the 2021 bull market. By 2020, BTC prices would rise 5-6 months after halving.
This timescale suggests the Bitcoin bull market is within two months. Based on the usual six months and the Bitcoin halving in April 2024, the next bull cycle should begin in October 2024.
BTC Bull Market Could Lead to New ATHs
Despite a catastrophic market fall in early August, Bitcoin is still high enough to reach a new all-time high with a 30% push. If the BTC price maintains this level and the bull run starts as expected in a few months, a new all-time high may be possible.
Bitcoin is still over $60,000, down 1.72% in 24 hours. The weekly chart shows 5.58% increases.
#SHIB #Memecoins #BTC #MtGoxRepayments $SHIB
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Grayscale unveils investment trust for Avalancheâs AVAX token
Grayscale Investments has expanded its portfolio of crypto investment products and launched the Grayscale Avalanche Trust. This new investment vehicle aims to offer accredited investors exposure to AVAX, the native token of Avalanche's blockchain network. The trust, now open for daily subscriptions, operates similarly to Grayscaleâs existing single-asset investment products, focusing exclusively on AVAX, the firm said in a press release shared with The Block.
#Write2Earn! #Write2Earn #write2earn
Stablecoins hold around 1% of US Treasury bills today â Bitwise
Juan Leon, Senior Investment Strategist at Bitwise Invest, highlights the growing influence of stablecoins in the US Treasury bill market. Currently, stablecoins hold approximately 1% of US Treasury bills, but Leon projects this could surge to 15%, potentially making them one of the top three holders of these securities. Leon shared a Bloomberg chart illustrating that as of June, Tether held $80.9 billion in Treasury bills, surpassing Schwabâs US Treasury Money Fund at $70.7 billion and Fidelity Investmentsâ Money Market Treasury Only Fund at $79 billion.
#Write2Earn! #Write2Earn #write2earn
TRB Coin: The Titan of the Blockchain Realm
In the ever-evolving tapestry of cryptocurrency, where innovation is the driving force and competition is fierce, a project named TRB Coin stands out as a beacon of promise. With its unwavering commitment to security, accessibility, and scalability, TRB is poised to revolutionize the blockchain landscape.
A Fortress of Security
In the volatile world of crypto, security is paramount. TRB Coin understands this principle deeply and has built its platform with an ironclad defense. Employing cutting-edge encryption technology, TRB safeguards user data with unwavering vigilance, fostering trust and confidence within its ecosystem.
A Bridge to a Brighter Future
Unlike isolated blockchain islands, TRB embraces interoperability. Its unique architecture seamlessly connects with both public and private networks, breaking down the barriers that often compartmentalize the crypto landscape. This fosters collaboration, innovation, and a more interconnected future.
A Thriving Ecosystem
TRB Coin is more than just a token; it's a comprehensive ecosystem brimming with tools and features to enhance the user experience. From secure password management to seamless file storage, TRB offers a suite of valuable utilities that integrate seamlessly within the blockchain space.
The Bull Run is Upon Us
With its solid foundation and promising future, TRB Coin is poised to ride the wave of the upcoming bull run. As the crypto market gains momentum, TRB's value is expected to soar, offering investors a potentially lucrative opportunity.
Join the TRB Revolution
Are you ready to be part of the TRB Coin revolution? Together, we can shape the future of blockchain technology and unlock the full potential of decentralized finance. ...and don't forget to take a look at our bio @EliteDailySignals for more crypto insights.
#Tellor #TRBUSDT #TRB/USDT #TRBUSDT #TrendingTopic $TRB @WeAreTellor @EliteDaily
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đ€ Feel free to Give a Tip if it doesn't hurt your wallet.
In May 2010, a pivotal moment in cryptocurrency history took place when programmer Laszlo Hanyecz made what would become a legendary transaction. Bitcoin, still in its infancy and with an uncertain value, was primarily a concept known to a small group of enthusiasts. Eager to make a real-world purchase, Laszlo offered 10,000 #Bitcoinâ to anyone who could bring him two pizzas. At the time, this seemed like a fair trade, as Bitcoin was only valued at a few cents.
A fellow Bitcoin community member accepted the offer, delivering the pizzas and unknowingly participating in one of the first recorded transactions using Bitcoin. The pizzas, which were worth roughly $25, were exchanged for 10,000 $BTC âa sum that, with the benefit of hindsight, has since become almost mythical in its value.
Today, the story of Laszlo's pizzas serves as a powerful reminder of Bitcoinâs meteoric rise. What was once a modest trade has transformed into a tale of immense value, with those 10,000 Bitcoins now worth hundreds of millions of dollars. This transaction not only marks a milestone in the adoption of Bitcoin but also underscores the unpredictable nature of emerging technologies and the profound shifts in value that can occur over time.
#LowestCPI2021 #BinanceBlockchainWeek #CryptoMarketMoves #BlackRockETHOptions
$BTC $ETH $BNB
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đŽ In about 15 minutes, the summit of the Jackson Hole Symposium will be of great importance, in which the Chairman of the US Federal Reserve, Jerome Powell, will speak.
âą The market will await clarifications or hints about the possibility of cutting interest rates next September and how much the rate will be.
âą Experts stated that the issue of cutting interest rates in September is crucial, but the question will be whether the cut will be a quarter point or half a point.
âą We believe that Jerome Powell will prepare the market for an upcoming cut in September.
âą But be careful, any tone from Powell that sets conditions for cutting interest rates will cause the dollar to rise again.
âą As the market now wants certain news about the September cut because it is the price of that
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{future}(ETHUSDT)
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#BTC #ETH #SOL #XRP #LINK
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Upbit Temporarily Halts NEAR Transactions Ahead of Network Upgrade
Due to an upcoming network upgrade, Upbit has temporarily suspended deposit and withdrawal services for NEAR Protocol.
Upbit, one of the leading global cryptocurrency exchanges, has temporarily suspended deposit and withdrawal services for NEAR Protocol (NEAR) due to an upcoming network upgrade.
This suspension, scheduled to begin on August 26, 2024, is a precautionary measure to ensure the safety and security of usersâ assets during the upgrade process.
While NEAR trading on the platform will continue uninterrupted, Upbit has advised users to avoid making any NEAR deposits during this period, as recovery may not be possible if issues arise.
NEAR Transactions Suspension and Network Upgrade
Upbit recently announced that it will temporarily halt NEAR Protocol deposits and withdrawals due to a scheduled network upgrade that aims to improve the blockchainâs performance and security.
The suspension will begin at 12:00 KST on August 26, 2024, and will remain in place until Upbit confirms the stability of the upgraded network.
#Laraxenteam #laraxen #LaraxenFamily $NEAR