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The cryptocurrency market is a dynamic and often unpredictable trading environment, with new projects emerging every day. Amidst this competitive landscape, Bonumbit is positioning itself as a standout player, poised to thrive and make a significant impact. With its innovative approach to integrating blockchain technology with e-commerce, strategic partnerships, and upcoming exchange listings, BBT is attracting attention from investors and industry experts alike. Here’s how Bonumbit is set to succeed in the current crypto market. Innovative E-Commerce Integration One of the key reasons Bonumbit is gaining traction is its focus on revolutionizing the e-commerce industry through blockchain technology. While many…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…
Polymarket saw nearly $400 million in volume in July, but regulatory changes could introduce restrictions. Polymarket, the largest crypto-based prediction market, is experiencing record activity but could soon face greater restrictions in the United States. Polymarket allows users to deposit cryptocurrency and place bets on a variety of events, including but not limited to political outcomes and market developments. Dune Analytics community data indicates that Polymarket saw $54 million in January volume, up from $6.7 million in December. Growth coincided with betting around the launch of spot Bitcoin ETFs, which were approved in mid-January. In July, Polymarket’s monthly volume surged…
Bitcoin faces issues with liquidity despite an admirable comeback from six-month lows — can BTC price upside last?
Company Name: Simple ProofFounders: Rafael Cordón and Christian LowenthalDate Founded: February 2023Location of Headquarters: GuatemalaAmount of Bitcoin Held in Treasury: N/ANumber of Employees: 6Website: https://www.simpleproof.com/Public or Private? PrivateIn the age of digital records, how do we know that data has not been tampered with? Rafael (Rafa) Cordón has an answer.In efforts to preserve the integrity of real information — especially government documents — he created Simple Proof, a company that safeguards official data via the Bitcoin blockchain.Many came to know the company last year when it was employed to prevent fraud in Guatemala’s presidential election. However, Simple Proof’s mission is…
In a bearish development for Bitcoin and the cryptocurrency market, the recent price decline of BTC has triggered a massive long-position liquidation. This negative incident which has caused a broader pessimism in the entire market emphasizes the dangers of leveraged trading and the intrinsic volatility of the cryptocurrency market. Bitcoin’s Largest Long Position Liquidation In 2024 The recent drop in Bitcoin’s price appears to be a significant one as the decline has led to substantial losses of long position liquidation cited by recent data. Leveraged traders saw their positions completely drained as a result of the drop in the price…
The Cryptocurrency sector is booming, but with great investments comes great responsibility – the responsibility to keep your assets safe. This guide by InternationalReserve experts goes into the two main types of crypto storage: hot wallets and cold wallets. It will cover the pros and cons of each storage option, so you can make informed decisions to protect your digital wealth. The Basics of Crypto Wallets After buying cryptocurrency, you need to decide how and where to store your assets. Unlike physical currency, cryptocurrencies run on a blockchain and need digital storage systems called “wallets”. These wallets, like your…
French and Irish fintech companies have partnered to introduce a euro-backed stablecoin. The coin will launch on the Stellar blockchain a month after MiCA stablecoin laws were enacted.
The latest data from Bitcoin Magazine Pro’s Fear and Greed Index reveals that Bitcoin sentiment has dropped to a near “extreme fear” level, scoring 26 out of 100. Historically, such a low score suggests a potential buying opportunity for savvy investors, as market sentiment indicates undervaluation and widespread caution. The Fear and Greed Index is a tool for assessing market sentiment, analyzing factors like volatility, momentum, social media trends, and Bitcoin’s dominance over other cryptocurrencies. To help investors gauge when to buy or sell Bitcoin, the index ranges from:0-24: Extreme fear (red)25-46: Fear (amber)46-49: Neutral (yellow)50-74: Greed (light green)75-100: Extreme greed (green)Bitcoin’s…
The Shiba Inu (SHIB) marketing lead, Lucie, has provided insights into the challenges that lie ahead for the meme coin. She also highlighted how the SHIB ecosystem has evolved since launching four years ago. Challenges That Lie Ahead For Shiba Inu Lucie mentioned in an X (formerly Twitter) post that “building a decentralized network state is tough” while outlining the challenge that lies ahead for the Shiba Inu ecosystem. Last year, the Shiba Inu team revealed their plans to make SHIB a “decentralized digital nation-state.” However, Lucie’s revelation suggests that it hasn’t been easy, although the team has no plans…