Crypto Currency

Crypto bull run has more room to run as BitBot token sale thrives

Cryptocurrencies have continued their remarkable rally this year, outperforming traditional assets like stocks and commodities. Bitcoin has jumped by 57% in 2024, beating the tech-heavy Nasdaq 100 index, which is up by only 7.25%. Cryptocurrencies are thriving Most notably, cryptocurrencies have beaten gold even as it trades at its all-time high. And most analysts now


Binance Labs backs BounceBit for Bitcoin restaking and CeDeFi revolution

Cryptocurrencies have continued their remarkable rally this year, outperforming traditional assets like stocks and commodities. Bitcoin has jumped by 57% in 2024, beating the tech-heavy Nasdaq 100 index, which is up by only 7.25%.

Cryptocurrencies are thriving

Most notably, cryptocurrencies have beaten gold even as it trades at its all-time high. And most analysts now predict that the iShares Bitcoin Trust (IBIT) will have more assets than the SPDR Gold ETF (GLD), which has over $56 billion in assets. IBIT has added about $13 billion in about two months.

Token sales are also doing well. As we have written recently, Bitcoin Dogs has raised over $9 million in the past 30 days, making it the fastest-growing token sale this year. BitBot, another token, is about to raise over $1 million.

The trend in the cryptocurrency market is expected to continue in the foreseeable future. For one, there is the rising demand for Bitcoin from institutional investors. In a Tweet, Bill Ackman, the respected billionaire, said that he may consider investing in Bitcoin.

The other evidence that institutions are doing well is that there is strong inflows in most Bitcoin ETFs. The only fund that is not doing well is the Grayscale Bitcoin Trust (GBTC), which has lost substantial sums of money because of its high fees.

Meanwhile, Bitcoin halving is expected to happen in April, which will lead to more supply challenges. Other coins like Bitcoin Cash, Ethereum Classic, and Bitcoin SV will also have their halving soon. 

The other catalyst for Bitcoin and other cryptocurrencies is the possibility that the Securities and Exchange Commission (SEC) will approve a spot Ethereum ETF this year. That ETF will likely see more institutional demand at a time when Ethereum supply is waning. 

BitBot token sale is doing well

All these factors, coupled with the potential easing cycle by the Federal Reserve and other central banks means that BitBot will likely see more inflows. 

BitBot, as you can see in this white paper, is a cryptocurrency project that seeks to become a major player in the Telegram bot market.

The developers aim to provide a Telegram bot that will send accurate signals to traders from around the world. 

This is a highly competitive market, with the number of these bots expected to con

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Crypto Currency

Storm intensifies after exiting PH — Pagasa

MANILA, Philippines — The storm formerly known as “Bising” intensified further after exiting the Philippine Area of Responsibility (PAR), the Philippine Atmospheric Geophysical Astronomical Services Administration (Pagasa) said in its mid-morning update posted on its website and social media platforms.Pagasa said the storm, now known as Tropical Storm “Danas,” was slowly turning east-northeastward over the

MANILA, Philippines — The storm formerly known as “Bising” intensified further after exiting the Philippine Area of Responsibility (PAR), the Philippine Atmospheric Geophysical Astronomical Services Administration (Pagasa) said in its mid-morning update posted on its website and social media platforms.Pagasa said the storm, now known as Tropical Storm “Danas,” was slowly turning east-northeastward over the sea west of extreme Northern Luzon.As of 10 a.m…
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Crypto Currency

24 dead in Texas floods, over 20 children missing from girls’ summer camp

KERRVILLE, Texas — Months worth of heavy rain fell in a matter of hours on Texas Hill Country, leaving 24 people dead and many more unaccounted for Friday, including more than 20 girls attending a summer camp, as search teams conducted boat and helicopter rescues in fast-moving floodwaters.Desperate pleas peppered social media as loved ones

KERRVILLE, Texas — Months worth of heavy rain fell in a matter of hours on Texas Hill Country, leaving 24 people dead and many more unaccounted for Friday, including more than 20 girls attending a summer camp, as search teams conducted boat and helicopter rescues in fast-moving floodwaters.Desperate pleas peppered social media as loved ones sought any information about people caught in the flood zone…
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Crypto Currency

With Circle’s $7.2B IPO Incoming, BEST Is Quietly Becoming the Presale Gaining Traction

The cryptocurrency market is set to receive a massive influx of investors as Circle Internet Group prepares for its initial public offering (IPO). The company behind USDC has managed to The post With Circle’s $7.2B IPO Incoming, BEST Is Quietly Becoming the Presale Gaining Traction appeared first on CryptoNinjas…

The cryptocurrency market is set to receive a massive influx of investors as Circle Internet Group prepares for its initial public offering (IPO). The company behind USDC has managed to
The post With Circle’s $7.2B IPO Incoming, BEST Is Quietly Becoming the Presale Gaining Traction appeared first on CryptoNinjas…
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Crypto Currency

DOJ Seizes $7.7 Million in Crypto from North Korean IT Workers Reportedly Using Stolen U.S. IDs

Millions of dollars in cryptocurrency, allegedly earned by North Korean IT workers using stolen U.S. identities, now sit frozen as part of a sweeping U.S. forfeiture action aimed at dismantling a sophisticated sanctions-evasion network. The Department of Justice (DOJ) revealed this latest seizure reportedly as part of its ongoing efforts to disrupt illicit revenue streams

Millions of dollars in cryptocurrency, allegedly
earned by North Korean IT workers using stolen U.S. identities, now sit frozen
as part of a sweeping U.S. forfeiture action aimed at dismantling a
sophisticated sanctions-evasion network. The Department of Justice (DOJ) revealed this latest
seizure reportedly as part of its ongoing efforts to disrupt illicit revenue streams that
fund Pyongyang’s weapons development.A Digital Trail of DeceptionThe civil forfeiture complaint…
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