Hedera’s recent announcement about its CLPR technology emphasizes infinite liquidity across blockchains, allowing seamless value transfer. This development is crucial for enhancing cross-chain capabilities, as explained by Dr. Leemon Baird. The implications of such technology could significantly elevate interest from institutional players, marking a pivotal moment for Hedera’s growth in the blockchain space. Source Inside
Evernorth Holdings has agreed to issue $30 million of convertible debt that may fund additional $XRP purchases and $XRP ecosystem activity, subject to the completion of its proposed business combination with Armada Acquisition Corp. II. The SEC filing dated Sept. 17 shows that Evernorth signed the note purchase agreement on Sept. 11 with NH Investment
Qazaqstan Investment Corporation, IT Park Ventures, Mirae Asset Venture Investment and SparkLabs Group have signed a term sheet to establish a new venture capital fund targeting Series A and later stage startups across Central Asia, with AI native companies forming a key part of its investment focus. According to SparkLabs Group, the SparkLabs Mirae Silk
Polygon has announced a new feature that allows the seamless transfer of stablecoins across its network and beyond. This development, highlighted by the CryptoTwitter commentator @0xPolygon, is aimed at improving user experience and fostering greater adoption within the ecosystem. As the demand for stablecoin functionality grows, this move could attract more users to Polygon’s platform.
Bitcoin has recovered key long-term price levels after rising from its July low. Analysts Ki Young Ju and Ted Pillows believe this suggests the market is entering a new phase. For context, Bitcoin reached about $85,200 today, its highest level since January, and was trading above $84,500 at the time. That marks a strong recovery
Bitcoin Core developers have moved version 32.0 into release-candidate testing, with the stable software scheduled for a possible Oct. 10 release after weeks of public checks. Bitcoin Core 32 targets an Oct. 10 release Bitcoin Core’s official release schedule shows that developers created the version 32 branch and started the release-candidate cycle on Sep. 14.
In brief Bitcoin traded as high as $86,332 on Monday, its highest level since January. CoinGlass recorded $877.31 million in crypto liquidations over 24 hours, with $740.79 million coming from short positions caught by the move. The rally’s next test arrives fast: a Trump-Xi summit on September 24, a PCE inflation reading on September 30,
Bitcoin has climbed to $86,098.82, up 6.5% over 24 hours and 9.7% over the past week, hitting its highest level in eight months. Over the past three months alone, Bitcoin is up 49%, adding $568 billion to its market cap in that stretch. Falling Oil Prices Are Fueling A Broader Risk-On Move Oil has dropped
Bitcoin holders showed signs of capitulation before the latest rally, with smaller wallets disappearing during the July-August shakeout. The data shows 62,335 wallets holding 0.1-1 $BTC and another 7,159 wallets holding 1-10 $BTC disappeared before $BTC reclaimed $80K. Bitcoin Holders Lost Conviction Before Breakout That selling matters because capitulation can leave supply in stronger hands.
With Bitcoin’s price rising to near $86,000 today, expectations of a new upward trend in the market have strengthened, prompting a noteworthy assessment from analyst James Lavish. Lavish stated that, in his opinion, it makes sense to compare Bitcoin’s current market cycle to the one between 2019-2021. According to the analyst, the last bear market