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Read Crypto
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加密貨幣行業的主要參與者已經轉向 BTC、XRP 和 ETH 等巨頭。然而,人們特別關注的是每月漲幅超過 500% 的 ORDI。然而,在比特幣核心程序員 Luke Dashjr 發表不滿言論後,這些市場波動尤其強烈,導致包括 ORDI 在內的山寨幣價格下跌。儘管市場波動,但鏈上數據顯示,占主導地位的“鯨魚”/大投資者繼續積累他們的 ORDI 頭寸,這佔流通代幣供應量的近 80%。另一方面,一些鯨魚正在大量購買 ORDI,而其他人則由於 dashjr 的反應而出售。
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+2.94%
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Given this trend, Goldman Sachs has also predicted that The US Federal Reserves can raise rates twice in the next 2 years, probably beginning from Q3/2024. The anticipated rate cuts were to have been effected in December of 2024. However, due to persisting inflation rates within the country coupled with recent strong US labour market data which indicated an improvement in the condition of the economy; this has caused a shift for all these cuts to occur These cuts are anticipated to lead to 4.875% at the end of 2024, as predicted by the investment bank. The expected Bitcoin halving event to be witnessed in April together with this monetary policy could have an important influence on the crypto market as low interest usually stimulates risk tolerance and flows of cash to different sectors of investment, including crypto-markets.
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The Volcanic bonds which were legalized in March early next year will be introduced on earliest Jan 2024.MICENSE: COPYRIGHT: NULL The launch was tentatively scheduled for March, 2022 which eventually changed to first quarter of year 2024. A 6.5% coupon-bond per annum will constitute them, which is to be published in the Bitfinex Securities platform. These bonds are a component of the move by El Salvador towards incorporating Bitcoin into its financial system. Also, El Salvador is partnering with Luxor Technology on the construction of a one billion dollars and about 241 MW volcano-powered Bitcoin mine at the Conchaqua volcano. Such a remarkable step in adopting Bitcoin as part of the country’s leading currency was achieved by the most developed nation.
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The largest cryptocurrency finance group in Japan which is SBI Holdings have established a strategic partnership with the second-largest company in the world known as Saudi Aramco. As part of the partnership, they will invest jointly in digital assets, help Japanese companies start up in Saudi Arabia, work with semiconductors – construction of respective facilities in two countries. In relation to this, SBI intends to open “SBI Middle East” in Riyadh that will assist Japanese digital start-ups to expand their business horizon in Saudi Arabia. SBI will build an electric chip plant in Miyagi, Japan, where it also holds shares in Power Crystal Manufacturing Co. It could also increase its collaboration with Aramco in the semiconductor industry.
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Today, its ecosystem has been resuscitated with high daily sales volumes of NFT on that chain. Compared with Ethereum NFTs, more than 60% of unique wallets have recently started buying Solan NFT, and this is the largest number so far. This makes one know that Solana is expanding indicating increased interest in and adoption of its NFT functional ability. It is a positive sign for Solana based Dapps, but in order numbers throughout the entire network are relatively low, Also, some more NFT activity but without the upside on price or trading volume for SOL. This trend is further indicated by decreasing number of development activities on the platform and future version GitHub contributions that may impact these updates.
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The IRS of US is also at loggerheads with a defunct crypto exchange, FTX. The lawyers for FTX have gone head to head with IRS and are asking them to rationalize their calculation that FTX allegedly underpaid an $44billion tax liability later brought down to $24 billion. FTX claims it did not owe any tax because it did not make sufficient profits after it reportedly distributed some of the profits. This case involves tax claims for income and employment during the years 2018 through 2022 which IRS insists is due despite complying with most of the documentation request by FTX. A new date for another hearing in the case of FTC bankruptcy will take place on November 13.
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