Bluesky is a decentralized social media network that Jack Dorsey, co-founder of Twitter and Twitter CEO in 2019, created and financed. Dorsey has since resigned from his position on the board of directors. In a post on May 5, Bluesky acknowledged Dorsey’s departure, said that it was “searching for a
Bitcoin (BTC) eased its bearish week by rebounding above $64,000 after a 1.5% spike in the last 24 hours. Last week, BTC dipped to its 10-week low of $56,552. BTC laid a “bullish hammer” weekly candle, closing the week positively. Notably, a bullish hammer candle often indicates the possibility of
The Bitcoin network has hit a monumental milestone, processing its one billionth transactions. This historic event took place as transaction 1,000,000,000 was mined into block 842,241 on May 5, as per data from Clark Moody’s Bitcoin dashboard. Since Satoshi Nakamoto mined the network’s first block on January 3, 2009, Bitcoin
BlockDAG has dwarfed the competition in the crypto market with a staggering $22.6 million presale. Even as the Bitcoin Minetrix presale ends, reflecting a tumultuous period for crypto investments, BlockDAG’s robust sales and innovative X1 awaited launch signal a new era of growth and investor confidence in the blockchain domain.
Twitter co-founder Jack Dorsey has donated $21 million to the nonprofit OpenSats, demonstrating significant support for the future of Bitcoin and decentralized social media. His belief that Bitcoin is the de facto money of the internet is reinforced by this behavior. This investment from Dorsey’s #startsmall campaign will boost all
The most recent research from Fidelity Digital Assets indicates that pension funds are becoming more open to the prospect of pursuing crypto asset investment exposure. At a London event, Fidelity Digital Assets VP Manuel Nordeste saw that investment committees of defined benefit plans and other pension funds are in the
With US nonfarm payrolls coming in substantially lower than predicted, raising the possibilities of a dovish stance by the Fed, the price of Bitcoin soared quickly after the announcement of the data on May 3, Friday. The seven-day losing streak for US Bitcoin ETFs came to an end as a
A further two months of waiting have been imposed upon 7RCC Global after almost five months of waiting for the US Securities and Exchange Commission (SEC) to render a verdict on its spot Bitcoin ETF application centering on carbon credits. In order to decide on whether to adopt, reject, or
The US employment data was anticipated by the U.S. market as a further indicator of the economy’s health. Notably, during their most recent FOMC meeting, the United States Federal Reserve kept the interest rate steady, which has impacted on market mood recently. Furthermore, the Federal Reserve’s policy rate attitude might
Hong Kong’s extraordinary inflows of capital have thrust the region into the limelight, while the rest of the world’s digital asset ETF market has suffered losses during the previous week. As of now, the weekly flows in the Asian crypto ETF market are surpassing those in the U.S. Spot Bitcoin
