Investment Insights 97 | MachinaTrader.com

Tether Unveils Pioneering Bitcoin Mining Software, InQubeta Captivates Crypto Enthusiasts

Tether’s Chief Technology Officer, Paolo Ardoino, has unveiled groundbreaking Bitcoin mining software, a pioneering step poised to reshape the mining landscape. Dedicated to technological advancements, Tether has committed to releasing specific components of this software as open source, a move that underscores their commitment to transparency, innovation, and a proactive approach to sharing cutting-edge developments […]

DeFi TVL Hits 2.5-Year Low Amid Crypto Bear Market

Decentralized finance (DeFi) has been hit hard by the crypto bear market, according to new data from IntoTheBlock. The blockchain analytics firm says in a new report that the total value locked (TVL) in DeFi is now at its lowest since February 2021 after approximately $170 billion in deposits left the sector. TVL refers to […]

Unstoppable Domains Launches Messenger Feature for Web3 Community Building

Unstoppable Domains, a provider of digital identities that include crypto addresses, has launched a new messaging feature powered by XTMP. This feature allows owners of UD domains, or any Web3 wallet address, to chat with each other across the blockchain. The messaging can be used for any kind of decentralized, end-to-end encrypted messaging, such as […]

BlackRock Submits Bitcoin ETF Application to SEC

BlackRock, a U.S. based investment firm, has submitted an application to the Securities and Exchange Commission (SEC) for a Bitcoin exchange-traded fund (ETF).The application is still pending and has yet to be approved by the SEC.If approved, the ETF would allow investors to buy and sell Bitcoin on the stock market, similar to how they […]

Ceffu Launches MirrorX Off-Exchange Settlement Solution with Binance Partnership

Ceffu, an institutional crypto custodian and partner of Binance, the world’s largest cryptocurrency exchange by trading volume, announced the release of its newest off-exchange settlement solution, MirrorX. This custody solution provides institutional investors with instantaneous access to most of the products available in the Binance ecosystem, including spot, margin and futures trading, without needing to […]

Shiba Inu Exchange Reserves Drop as Shibarium Launch Succeeds

Shytoshi Kusama, the creator of Shiba Inu, recently announced the successful launch of Shibarium, a platform that has already garnered more than 65,000 wallets and 350,000 transactions. The platform offers a variety of tokens, including entertaining, unconventional, and occasionally controversial tokens.However, holders of Shiba Inu tokens have pulled out 1.8 trillion SHIB tokens, equivalent to […]

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Sonik Coin Presale Gathers Momentum Ahead of Uniswap Listing

Sonik Coin (SONIK) is a new meme token that is gaining significant investor attention, with many believing it could be the next viral project to explode. The token’s presale has already raised over $620,000 in funding, with tokens priced at just $0.000014. The token’s built-in staking protocol offers yields of up to 107% per year […]

Unstoppable Domains Launches Messenger Feature for Web3 Community Building

Pomerdoge (POMD) Leads Gaming and NFT Surge in Crypto Market

Pomerdoge (POMD) is a new platform that offers an immersive play-to-earn gaming experience. The Sandbox (SAND) and Decentraland (MANA) tokens are also pushing to overcome the bear market. DBS Bank, the largest bank in Singapore, has developed a novel metaverse experience with The Sandbox, which will be unveiled to the general public before the end […]