@ratul99807
Singapore, Singapore, August 29th, 2024, Chainwire – Merkle Trade, the first gamified perpetual futures decentralized exchange (DEX) based on Aptos, the secure, scalable and feature-rich Layer-1 blockchain, is introducing its Token Generation Event (TGE) Sequence, uniquely featuring both Genesis Staking and a Liquidity Bootstrapping Auction (LBA). Backed by prominent investors like Hashed and Arrington Capital, Merkle Trade is building off the success of Genesis Staking that began July 25th, to launch its LBA running from August 29th to September 5th.
The LBA will offer early users exclusive USDC rewards for staking for an extended period. Merkle Trade differentiates from other perpetual DEXes with its focus on accessible and enjoyable trading for everyone, including casual traders. Users can start trading perpetual futures with as little as $2 in collateral, while enjoying gas-free transactions and a seamless user experience with order execution that doesn’t require constant signatures. 0 reply
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On Polymarket, bettors were giving a 65 percent chance of "crypto" being mentioned during the interview, with over $600,000 staked on the topic. The prediction market also added another market to ask bettors about the possibility of "bitcoin" being mentioned, which peaked at 69% with approximately $330,000 on the table.
Each share pays out $1 in USDC, a stablecoin, or cryptocurrency that trades at par with the U.S. dollar, if the prediction comes true, and zero if not.
Polymarket did not list out markets for mentions of other digital assets such as ether, solana, or dogecoin.
Bettors had punted over $250,000 on Trump mentioning "Tesla," which peaked at 79%, however Trump dodged the specific word by referring to the electric vehicle brand from Musk as "your cars."
Other words that bettors had punted on, which Trump ended up saying on X space, included "MAGA," "illegal immigrant," and "tampon." 0 reply
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Peter Schiff, President of Euro Pacific Capital, who has repeatedly criticized Bitcoin, made a new statement regarding the first cryptocurrency. He warned that Bitcoin is on the verge of a deep recession. The expert began with stock market analytics. He reported that on July 24, 2024, the S&P 500 and NASDAQ indices closed at multi-week lows amid falling Tesla and Alphabet shares. Schiff noted the growth of the Japanese yen and Swiss franc. As a rule, these are currencies with a stable exchange rate, into which assets are transferred during economic and political instability. Recall that in June 2024, US senators called on Fed Chairman Jerome Powell to lower the interest rate. Lawmakers believe that tightening the regulator's policy threatens a recession. Peter Schiff then moved on to gold and silver prices, which also fell by about 2% over the past 24 hours. According to the expert, the precious metals market is also preparing for a "hard landing". 0 reply
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Leah Wald, former principal and co-founder of Valkyrie Investments, has been named President and CEO of Crypto company Cypherpunk Holdings (HODL.CA).
Wald, who has been a member of Cypherpunk's board of directors for nearly three years, will succeed current CEO Antanas Guogu, according to a company statement. Guoga will remain chairman of the firm, the statement said.
“Under Leah’s leadership, we are confident that Cypherpunk will continue to push the boundaries of what’s possible in blockchain investing and expand our impact in the market,” Guoga said in a statement.
As the former CEO of Valkyrie, Wald oversaw the creation of several funds, including the first Bitcoin futures exchange-traded fund listed on Nasdaq. Under her leadership, Valkyrie has accumulated $1.3 billion in assets under management (AUM) in more than a year since launching its first fund, the statement said. 0 reply
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On the morning of June 5, quotes of the first cryptocurrency fell below $54,000 amid reports of movements of Mt coins. Gox. At the time of writing, the price, after a slight rebound, is trying to maintain this level.
The trustee of the exchange, which went bankrupt in 2014, Nobuyaki Kobayashi announced plans to implement a phased refund of 137,000 BTC to platform customers in July.
At the beginning of the trading session, Japanese time, Arkham experts noted the transfer of 47,228.7 BTC (~$2.71 billion) from the exchange’s cold storage to a new address. During the day, Arkham noted the transfer of 1,545 BTC (~$84.9 million) from one of Arkham’s cold wallets to the Bitbank exchange.
Despite the fact that the entire volume of bitcoins moved by Mt. Gox represents approximately 0.24% of the total supply of the coin, the market reacted nervously. 0 reply
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The US state of North Carolina, on Wednesday, won majority of votes from the Senate on the bill that seeks to ban central bank digital currencies (CBDCs). The legislation has moved to the Governor’s desk for approval.
If signed into law, the state can no longer involve in the Federal Reserve branch’s testing of any future CBDC. Further, it would also prohibit North Carolina agencies and courts from accepting any payments using CBDC, the bill noted.
According to Carolina Journal, the Bill 690 received a 109-4 vote from the Senate on Wednesday. This is an increase form 39-5 vote, recorded on Tuesday.
Sen. Brad Overcash, noted that the legislation aims to dissuade the federal government from moving forward with CBDC plan. The plan would “threaten” one of the main global currencies – dollar, he added.
The bill sends a strong message to the government that North Carolina is uninterested in a CBDC, Overcash said. 0 reply
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