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Anthony Pompliano’s blank-check firm, Procap Acquisition Corp., has filed with the U.S. Securities and Exchange Commission (SEC) to raise $200 million in an initial public offering (IPO). Pompliano-Led ProCap to Hunt for Fintech Targets With $200M War Chest Procap Acquisition Corp., incorporated in the Cayman Islands and led by Anthony Pompliano as chief executive officer, […]
Sonic broke out of a triple bottom pattern, signaling a potential trend reversal. Daily transactions surged from about 240K to about 600K in 10 days. Sonic’s [S] price action suggested a potential shift in outlook that was backed by 8% gains in a day and a potential reversal in daily transactions that had been in a downtrend since the end of February. Sonic price action and prediction Sonic’s daily chart had successfully broken out from a well-defined three-wave pattern that started from the $0.30 price range. Crossings of support at the $0.30 range after three matching price dips indicated the…
Bitcoin (BTC) gained 3% on May 1 as a new month saw shorts struggle to keep price pinned.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin pressures shorts after 3% daily gainsData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $96,955 on Bitstamp, its highest since Feb. 22.Increasingly close to six figures, Bitcoin rose with US stocks at the Wall Street open as Microsoft gained 10% to become the world’s highest-valued public company.Reacting, popular trader Daan Crypto Trades suggested that stocks may be on the cusp of a return to sustained bullish trajectory.“Stocks trade at a key area here,” he wrote in ongoing…
A group of developers within the Ethereum ecosystem, operating independently of the Ethereum Foundation, have announced Ethereum R1 — a layer-2 (L2) scaling solution for the Ethereum network that does not include a native token.According to the announcement, the project relies entirely on donations, does not have venture funding, and does not have any pre-mined token allocations or a governance token. The project’s team wrote in a May 1 X post:”General-purpose L2s should be commodities — simple, replaceable, and free from centralized dependencies or risky governance. Ethereum R1 is our answer to that call — the rollup grounded in credible…
The Ethereum Foundation is thrilled to announce a collaborative grant round with Aztec, Polygon, Scroll, Taiko, and zkSync to develop Zero Knowledge public goods projects. Each co-funder of the grant round has contributed 150K USD in funds, bringing the total grant pool to 900K USD. The breadth and complexity of the Layer 2 ecosystem has reached a point where identifying shared needs and dependencies requires the participation of domain experts from a range of stakeholders. The co-funders will, therefore, not only provide funding but also participate in the allocation decisions. Beyond more and better-informed funding, we hope this approach will…
Ubisoft has launched Decentralized Verification Network (DVN) to support the transfer of digital assets between different blockchain networks.Developed with blockchain infrastructure firm LayerZero, the DVN aims to address technical challenges in blockchain gaming, such as asset portability and consistency of ownership across platforms.The system enables digital items—such as in-game collectibles or characters—to move between more than 130 blockchain networks, including Ethereum, Solana and Polygon. Source: LayerZeroHow does Decentralized Verification Network work?The DVN does not function as a new blockchain, but instead operates as a protocol to verify asset ownership as items move between existing networks. It acts as a compatibility…
President Trump’s upcoming 100-day speech has attracted great attention in the cryptocurrency field. Even without taking tough policy actions, using cryptocurrency to strengthen the tone of institutional legitimacy or economic nationalism may further embed Bitcoin into the macro-political narrative, causing BTC holders to invest enthusiastically in the RICH MINER cloud mining platform to earn $160,000 a month. Why choose RICH Miner? Rich Miner is a compliant cryptocurrency investment company established in the UK in 2022, focusing on cloud mining services. We enable users to participate in Bitcoin mining without purchasing expensive equipment by sharing AI computing resources. The platform is…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Crypto analyst Egrag Crypto predicted a macro channel breakout that could be imminent for the XRP. The analyst indicated that the altcoin could reach double digits if this breakout plays out as expected. XRP Price Eyes Rally To $55…
Aztec Network, the Ethereum layer-2 protocol focused on programmable privacy, has officially launched its public testnet. According to a May 1 press release shared with crypto.news, the launch marks a key milestone in Aztec’s eight-year journey to bring stronger data protection to web3. The testnet is now open to developers and paves the way for a fully decentralized mainnet, where no central authority will have hidden access to user data. The release follows successful internal testing phases that included over 100 sequencers. Years of research and development at Aztec led to innovations in zero-knowledge technology and programming tools that allow…
**SYDNEY, Australia, September 23rd, 2024, Chainwire/–**FSL, creators of STEPN GO, announce the continuation of their exciting collaboration with adidas through the launch of the STEPN GO x adidas Genesis Sneakers, an exclusive NFT collection. This is the second phase of a year-long partnership, following the successful April 2024 launch of the STEPN x adidas Genesis Sneakers, which saw the two brands collaborating to blend fitness and digital fashion. The new Genesis collection will be available exclusively on STEPN GO and through a raffle mint on MOOAR, FSL’s NFT marketplace.A total of 1,000 Genesis Sneakers will be up for grabs at…
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