PRESS RELEASE. New York, August 9th, 2024 – Nexio, a pioneering Bitcoin scaling solution leveraging parallelized rollup technology, today announced that it has raised $2.2 million in pre-seed funding from a diverse roster of prominent industry investors. This funding will enable Nexio to accelerate the development and adoption of its parallelized Bitcoin rollup technology, aiming…
The collaboration aims to provide a secure, stable investment option, mitigating traditional market volatility and risks for lenders.
Research indicates that the top cryptocurrencies to invest in right now include 5thScape, Avalanche, Cardano, Ripple, and Dogecoin. These projects cater to a wide range of crypto investors, from FinTech-focused Ripple to utility-driven 5thScape, and community-centric Dogecoin. 5thScape stands out as the best crypto investment today, offering unparalleled VR games, community backing, robust token metrics…
Bitcoin’s recent price action has been a rollercoaster of highs and lows. However, even though bitcoin has set a new all-time high and had two years of a near-constant positive trajectory, we’re yet to see a consistent influx of retail investors. The potential for a surge in retail participation and the possibility of elevating the…
Bitcoin price declined further below the $55,000 support zone. BTC is down over 15% and might even slide toward the $50,000 zone. Bitcoin gained bearish momentum below the $56,500 and $55,000 support levels. The price is trading below $55,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with…
Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no cryptocurrency company had left the country yet and that there were over 400 MW in projects awaiting approval by the institution. No Cryptocurrency Mining Companies…
Stronger threat assessments are needed to catch “seedy financial enterprises” facilitating money laundering schemes,” US Senator Charles Grassley said.
Solana (SOL) is currently being sold at a lower price due to the market dip. High speed and low cost – a potent combo that continues to propel its adoption in decentralized finance. Cardano (ADA), now more affordable, remains a strong player with its robust ecosystem and innovative technology. If you’re looking for altcoins that…
Following the announcement on July 27th at the Bitcoin conference in Nashville, the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide” or BITCOIN Act of 2024, introduced by Senator Cynthia Lummis of Wyoming, seeks to firmly establish Bitcoin as a strategic asset in the United States’ financial arsenal. At its core, the Act proposes…
In a recent price analysis, a crypto analyst has highlighted a crucial support level for Bitcoin (BTC), emphasizing the possibility for the pioneer cryptocurrency to plummet significantly to new lows if it fails to maintain certain key levels. Bitcoin Risks Crash To $42,000 On August 1, the pseudonymous crypto analyst DonAlt shared an in-depth price…