[ad_1] Atalanta BC has announced a new partnership with zondacrypto, a cryptocurrency exchange marketplace. As part of the agreement, zondacrypto will become the club’s Sleeve Partner. This means the zondacrypto logo will appear on the sleeve of the first team shirt.Three-Year Partnership Begins“Atalanta is a team and organisation that continues to amaze both domestically and internationally. We also both share deeply several common values, such as openness to innovation and focus on youth and the future.”“I am very confident that this will be a great partnership, as we are looking to connect the next generation of finance with top-quality sports.…
Author: dfrancis36
[ad_1] Over the last week, the Crypto Fear & Greed Index has seen a steady decline as prices have struggled to hold up in the market. Following the Bitcoin price crash below $50,000 that rocked the market, the index plunged farther into fear. The result of this is the lowest level that the index has been in the last two years. Why The Crypto Fear & Greed Index Is Important The Crypto Fear & Greed Index uses a number scale of 1-100 to represent the market sentiment at any given time. This scale measures a number of indicators such as…
[ad_1] Bitcoin and crypto markets experienced a robust recovery Tuesday, with Bitcoin surging past the $56,000 mark and Ethereum breaking above $2,500, bouncing back from the “Block Monday.” Yesterday, Bitcoin plummeted over 15%, touching lows near $49,000, while Ethereum dropped by more than 20% to a low of $2,115. The recovery in Bitcoin and crypto paralleled a broader resurgence in global financial markets, driven by several key factors. #1 Nikkei Rebounds, Bitcoin Follows Japan’s primary stock index, the Nikkei 225, experienced a record-breaking recovery following its most significant drop since the 1987 Black Monday crash. The index surged by 10.23%,…
[ad_1] Amid the recent market turmoil that drove Bitcoin to a seven-month low of $49,000, former President Donald Trump engaged with Twitch Streamer Adin Ross in a bid to garner support for a potential re-election campaign in November. Trump Urges US Government To Hold Bitcoin Reserves In his speech, Trump emphasized the importance of the United States holding on to its Bitcoin and other crypto reserves, warning that failure to do so could allow China to seize the opportunity, as he has previously cautioned. The former president highlighted Bitcoin as a modern currency with notable potential, citing individuals within his…
[ad_1] In a striking move that has captured the attention of the cryptocurrency community, the Shiba Inu (SHIB) army has recently made significant investments in the Mpeppe (MPEPE) token. This surge of support from one of the most influential communities in the crypto space has led to a substantial increase in Mpeppe (MPEPE)’s market value and visibility. Here’s an in-depth look at the recent developments and what they mean for both tokens. The Shiba Inu (SHIB) Army: A Powerhouse of Influence Who Makes Up the Shiba Inu (SHIB) Army? The Shiba Inu (SHIB) army refers to the passionate and dedicated…
[ad_1] Semler Scientific, a public medical technology company, announced it had purchased an additional $6 million worth of Bitcoin. This latest purchase brings its total Bitcoin holdings to 929 BTC, worth $63 million.JUST IN: 🇺🇸 Public Company Semler Scientific purchases additional 101 #Bitcoin for $6 million. pic.twitter.com/VLFwuPwXQV— Bitcoin Magazine (@BitcoinMagazine) August 5, 2024 Semler adopted a Bitcoin treasury strategy in May 2024, following other public companies like MicroStrategy. Since then, it has aggressively acquired Bitcoin, citing it as a “compelling investment.””We continue to firmly believe that Bitcoin is a compelling investment and plan to acquire additional Bitcoins with our cash…
[ad_1] On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) ratio has observed a plunge alongside the latest price crash. Bitcoin 30-Day MVRV Ratio Is Now At Lowest Levels Since FTX Collapse As explained by analyst Ali Martinez in a new post on X, the 30-day MVRV ratio has just gone through a sharp drop. The “MVRV ratio” refers to a popular on-chain indicator that, in short, tells us about how the value held by the Bitcoin investors (that is, the market cap) compares against the capital put in by them (the realized cap). When the value of…
[ad_1] Despite Bitcoin’s (BTC) mixed summer performance, one of Wall Street’s largest cryptocurrency miners managed to increase production. Riot Platforms (NASDAQ: RIOT) reported in its latest report a 45% increase in mining to 370 BTC in July.Wall Street Bitcoin Miner Riot Increases ProductionAccording to Riot’s report published this week, BTC mining in July reached 370 tokens, growing significantly from the 255 reported in June when Bitcoin prices were falling sharply. Although this is 10% less than in July 2023 (410 BTC), considering the average prices from these two periods, Riot would earn much more from the smaller number of Bitcoins…
[ad_1] According to Bloomberg, a wallet linked to a major cryptocurrency heist two years ago swapped $39.75 million worth of the stablecoin DAI to scoop up 16,892 Ethereum (ETH) as the second-largest cryptocurrency plummeted by as much as 23% on Monday. Crypto Hacker Exploits Ethereum Crash Per the report, the hacker behind the 2022 attack on the cross-chain bridge protocol Nomad, which resulted in the theft of close to $200 million in crypto, appears to have spotted an opportunity to convert some of their illicit gains into discounted ETH prices. On-chain data showed that after purchasing ETH, the hacker then…
[ad_1] The ongoing plunge in the overall crypto market fairly began back in July where the global crypto market cap initially fell to $2.5 trillion from $2.7 trillion earlier in May. However, despite this downturn recorded in July, Cardano (ADA), the 9th largest crypto by market cap appears to have defied this bearish trend. Particularly, according to the Cardano foundation, the blockchain stands out in July for its notable increase in on-chain activity, despite broader market setbacks. The data provided by the Foundation reveals that the network is not only sustaining but also building momentum, a sign of resilience and growing…