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Showing posts from September, 2024

Zuckerberg's Meta Gamble: From Risk to Fourth-Richest Globally

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Mark Zuckerberg’s Meta gamble has paid off big time. He’s now the fourth-richest person in the world. The Meta founder’s net worth has hit $201 billion. This success comes from his focus on the metaverse and AI. Also Read: Vitalik Buterin’s New Metrics: A Game Changer for Ethereum? Mark Zuckerberg’s Bold Meta Gamble and Its Impact on Wealth Growth Source: Meta-Facebook The Meteoric Rise of Meta’s Stock Meta’s stock is on fire. It’s trading around $567 per share, six times more than its $88 price in November 2022. The company is now worth $1.435 trillion. Investors seem to love Mark Zuckerberg’s direction. Zuckerberg’s Vision for the Metaverse Zuckerberg showed off new tech at a recent event. He unveiled Orion AR glasses and a cheaper Quest 3S VR headset. These products show Meta’s commitment to immersive tech. As JMP Securities analysts noted: “With the confluence of Meta’s hardware improvements over the last five years a...

Bitcoin at risk as investors interest is ‘worse than bear market’ lows

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Investors anticipating a possible continuation of Bitcoin’s (BTC) rally to reclaim the $70,000 level might have to wait longer as the general market sentiment is not fully bullish. Specifically, Bitcoin is facing dwindling interest from investors, with search volumes reflecting levels lower than those seen during the most challenging bear markets, according to data shared by Alex Becker. Google search volume for Bitcoin. Source: Alex Becker An Analysis of search trends indicates that while the crypto community perceives increasing bullish sentiment, the broader market remains largely disengaged. Looking at metrics such as YouTube and Google search data, crypto interest remains at what Becker termed “worse than bear market” levels. Picks for you Beware: Cryptocurrencies to unlock $300 million supply this week ...

Last Chance To Buy Mega Dice Before Presale Ends In 32 Hours – Over $1.9M Raised

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Mega Dice ($DICE) has announced that its presale will close on September 30, with a listing on Raydium at 15:00 CET.  With over 50,000 active players generating more than $50 million in monthly wagers, Mega Dice stands out as a leading crypto casino and Solana’s top GameFi project.  It’s no wonder the project has secured an impressive $1.9 million in funding from early contributors. With the presale ending in less than 48 hours, investors have a brief window to purchase $DICE at the discounted price of $0.116056.  Given Mega Dice’s existing success, the token price is likely to see a significant increase upon listing, benefiting from enhanced liquidity and greater accessibility for investors. Additionally, presale buyers can look forward to an airdrop that will begin once trading starts, with final details to be unveiled post-listing.  Exciting Features such as on-chain staking and $DICE NFTs will als...

Dog (Runes) Price Prediction: DOG Jumps 21% To Top Major Meme Coin Gainers, But Traders Pivot To This Rival With An 887% APY

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The Dog (Runes) price has jumped 21% in the last 24 hours to trade at $0.004296 as of 7:20 a.m. EST on a 57% surge in trading volume to $17 million. The DOG price pump made it the biggest gainer among the largest 100 meme coins by market capitalization, according to CoinMarketCap. Dog (Runes) Price May Continue The Uptrend The DOG/USDT trading pair highlights several key technical patterns and indicators with short-term corrections and potential for continued bullish trends. The parabolic curve indicates rapid upward momentum. The price has sharply risen in recent trading sessions, reflecting strong buying pressure and a potential for exponential growth. However, parabolic movements are often unsustainable long-term, meaning a retracement or consolidation may follow to stabilize the market. DOGUSDT Analysis Source: Tradingview.com The 50-SMA (Simple Moving Average) is currently at 0.003113, and the 200-SMA is positioned at 0.002590, both of which are far below the curr...

SEC Approves BNY Custody of Crypto Beyond ETFs

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The SEC has approved the Bank of New York Mellon Corp (BNY)’s custody of crypto assets beyond crypto ETFs. SEC Chair Gary Gensler revealed the revelation Thursday following a speech in front of the Fed of New York. The BNY Bank controls $2 trillion in crypto assets and has now been approved by the Securities and Exchange Commission to offer crypto custody services. JUST IN: $2 trillion BNY Mellon bank receives SEC approval to offer crypto custody services. — Watcher.Guru (@WatcherGuru) September 26, 2024 The structure that BNY currently uses to offer its crypto custody services already includes Bitcoin and Ethereum ETFs. However, the bank recently presented a plan to the SEC’s Office of Chief Accountant to custody those two assets in a way that would protect customer funds in the event of bank insolvency. The SEC granted BNY with a “non-objection” to the plan. “Though the actual consultation related to two crypto assets, the structure itself was not dependent on...

Layer 2 Meme Coin Pepe Unchained Hurtles Past $15 Million In Presale

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A presale for a new Pepe-themed meme coin on its own Ethereum Layer 2 blockchain called Pepe Unchained ($PEPU) has passed the blue moon milestone of raising an eye-watering $15 million.  Pepe Unchained launched this summer to a wave of hype as meme coin fans bundled in to take advantage of virtually unheard-of staking rewards, alongside lower fees and 100x faster speeds for anyone transacting with $PEPU than its leading ERC-20 meme coin competitors.  There’s little more than a day left to purchase $PEPU at the lowest fixed presale price of $0.00985 before the presale moves on to the next round where the price rises to $0.00986. Those who buy in earlier maximize their potential rewards.  This month the team also shared an ecosystem roadmap in a multi-tweet thread over on X.  In the thread, the team promises a custom Layer 2 decentralized exchange (DEX) for cheap swaps between $PEPU and supported tokens, alongside a Pepe Foundation...

OpenAI to Remove Non-Profit Board Control, Give Sam Altman Equity

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OpenAI plans to remove its non-profit tag and restructure the company into a for-profit, as well as give Sam Altman equity. The OpenAI non-profit will continue to exist and own a minority stake in the for-profit company, sources tell Reuters. However, the move was made to reportedly attract more investor interest. JUST IN: OpenAI to remove non-profit board control and give Sam Altman equity, Reuters reports. pic.twitter.com/B7Fy1G4rKX — Watcher.Guru (@WatcherGuru) September 25, 2024 Altman’s stake in the company could be worth $150 billion after the restructuring, sources say. “We remain focused on building AI that benefits everyone, and we’re working with our board to ensure that we’re best positioned to succeed in our mission,” an OpenAI spokesperson said. “The non-profit is core to our mission and will continue to exist.” The plan is still being hashed out with lawyers and shareholders, the sources added. The timeline for completing the restructuri...

Next Cryptocurrency to Explode, September 25 — Chainlink, Sei, Chiliz, Sui

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Cryptocurrency prices have fluctuated for a while, and the overall feeling in the market is bearish. Bitcoin (BTC) has surged past $62K, while Ethereum (ETH) has stabilized above $2,500. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Pepe Unchained, a new Pepe-themed meme coin launched on its Ethereum Layer 2 blockchain. Within minutes, it attracted over $150,000 in investments. The details of its presale and the performance of the top-performing cryptos today are shared below. ...

Next Cryptocurrency to Explode, September 24 — Arkham, JasmyCoin, Internet Computer

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Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. Next Cryptocurrency To Explode  It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptos to explode among upcoming crypto projects. With that in mind, investors should explore the potential of Me...