Author: cointechies

Grayscale Investments, a US-based digital asset management company, has taken a significant step in its regulatory journey by filing Form 8-K for the Horizen Trust with the US Securities and Exchange Commission (SEC). has. This filing represents a significant step towards providing transparency and increasing investor confidence in its Horizen Trust product. The November 23, 2024 Form 8-K filing highlights important updates and developments regarding Horizen Trust. Although the specific details remain confidential, the filing underscores Grayscale’s commitment to complying with regulatory standards and improving its product offering. Horizen Trust’s goal is to make it easier for investors to access…

The CEO of Binance’s Thai branch has encouraged the Bank of Thailand to consider former Prime Minister Thaksin Shinawatra’s proposal for a Bitcoin payments pilot project so that the country is not left behind. According to the Bangkok Post, Thailand is working to make the ex-prime minister’s proposal for a Bitcoin (BTC) payment pilot a reality. Binance’s Thai arm will reportedly support the pilot project, which aims to establish Phuket as a Bitcoin sandbox for tourism. “Given our country’s reliance on tourism and foreign inflows, integrating cryptocurrencies into Phuket’s economy could fit well with Thailand’s strategic strengths and potentially attract…

Thailand could become the next country to jump into Bitcoin payments after considering a proposal to launch a pilot program. With most countries adopting cryptocurrencies as a means of payment, Thailand could be the last country to adopt the emerging asset. Accordingly Bangkok Posta local Thai news outlet, the Asian country is considering launching a pilot Bitcoin payment platform. The report confirmed that Thailand is considering the proposal of its former prime minister Thaksin Shinawatra. Through the initiative, Thailand would improve its competitiveness in the global landscape by allowing tourists to make payments using cryptocurrencies. Pilot program attracts Binance Notably,…

This project, powered by the Solana meme community, aims to burn $54.52 million worth of tokens to increase BONK demand in the crypto market. As part of the community holiday celebration called “BURNmas,” BonkDAO has unveiled an ambitious plan to burn 1.69 trillion Bonk (BONK) tokens, or $54.52 million. By reducing the amount of BONK in circulation, this deliberate move aims to make it more scarce and may impact market dynamics. Hello BONKers, a quick BURNmas update:During the campaign, the BONK community exceeded The Dog’s (and the DAO’s) expectations and REALLY showed up❗️❗️❗️ The final number of $BONK Funds raised…

Market commentator Crypto Bitlord advises market participants to buy XRP now ahead of possible developments expected on Friday. Accordingly According to him, those who bet against the uptrend of XRP – so-called short sellers – are likely to be liquidated by tomorrow. Bitlord was confident in his prediction and even asked community members to take a screenshot of his bold claim and later check whether it was translated into reality. “When it comes to XRP, I have never been wrong” he declared proudly. In parallel, he urged market participants to buy XRP now, otherwise they risk missing out on the…

The funds will be used to improve zoo operations and create a special exhibition for the famous hippo Moo Deng. Buterin wrote a poignant letter to the director of Khao Kheow Open Zoo, expressing his enthusiasm for the zoo’s commitment to education and animal welfare. He wrote: “I was deeply impressed by your commitment to animal welfare, education and outreach, as well as fostering a fun community spirit for visitors and staff. I was particularly excited about your plans to improve the zoo itself, particularly the proposal to modernize the pygmy hippopotamus habitat.” Thank you, Vitalik Buterin @VitalikButerin for participating…

Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. Rollblock is emerging as the next 100x GameFi gem that can rival Solana’s parabolic rise with its gaming ecosystem and smart investor incentives. The bullish trend is there, although Bitcoin’s overwhelming dominance, closely followed by a major market crash in mid-December, has dampened expectations. Rest assured, the market will recover, and this crash largely mirrors December 2020, before altcoins like Solana experienced parabolic growth throughout 2021. As the crypto cycle gains momentum, Rollblock is likely to emerge as one…

The Japanese government responded to a question from Senator Hamada Satoshi on December 20, 2024 about whether Japan should keep some Bitcoin in the form of its foreign exchange reserves. This question arose amid increasing public debate in the United States and other countries over consideration of including Bitcoin and other cryptos in national financial planning. Senator Hamada, who represents the Party to Protect the People from NHK, suggested that Japan could take a similar approach to other countries such as the US and use part of its foreign reserves in cryptocurrencies such as Bitcoin. According to him, this move…

The optimistic mood around Bitcoin appears to be changing following the industry leader’s recent recovery. Bitcointhe leading cryptocurrency by market capitalization, has performed poorly over the past week Market uncertainty The trigger was statements from the Federal Reserve. But as Christmas festivities get into full swing, the asset is showing flashes of strength, raising optimism about a rise to new highs at potentially psychologically important levels. Bitcoin traders are optimistic On Christmas Day, December 25, 2024, Bitcoin rose to highs just above $99,900, capping a 7% recovery from Christmas Eve lows around $93,500. After the strong performance, traders are again…

Economist Henrik Zeberg expresses optimism about an Ethereum (ETH) rival while predicting a broader altcoin market breakthrough. Zeberg tells his 171,400 followers on social media platform X that Solana (SOL) may be on the verge of a rise after a retracement. The analyst uses Elliott Wave Theory to predict a massive surge for Solana. The theory states that an asset tends to experience a five-wave rally, with wave three representing the longest and strongest upward move. “The old season has begun and is now about to enter its most explosive phase. Solana was in the lead after a strong pullback…