Crypto Currencies World

The MOU between Circle and HKT will explore blockchain applications in loyalty programs for Hong Kong consumers. Stablecoin issuer Circle announced on Tuesday that it had signed a Memorandum of Understanding (MOU) with HKT, a major player in technology, media, and telecommunications. The main objective of this collaboration is to explore opportunities for creating blockchain-based loyalty solutions tailored to Hong Kong’s merchant landscape. Circle-HKT Collaboration According to the  blog post , Circle’s expertise in Web3 services, combined with HKT’s merchant network and customer engagement resources, will allow the two companies to develop Web3-powered loyalty solutions to improve consumer interactions with merchants, potentially creating more interactive engagement experiences. In an official statement, Jeremy Allaire, co-founder and CEO of Circle, said: “We are excited to collaborate with HKT to bring our Web3 Services to the forefront of customer loyalty innovation. This ...

Bitcoin flirts with an all-time high, leaving more than $100 million worth of shorts liquidated. Bitcoin’s price seems to be on the verge of achieving a new all-time high in a massive rally leading up to the US Presidential elections. The price managed to get as high as $73,600, which is less than $200 away from a new peak. Source: TradingView This has caused considerable turmoil in the derivatives market, leaving over $110 million worth of short positions underwater. At the time of this writing, the price has now retraced below $73,000, trading at an increase of over 4.2% during the past 24 hours alone. It’s also worth noting that the total trading volume for spot Bitcoin ETFs in the US today reached a whopping $3 billion. This rally comes days before the country’s most important political event: the presidential elections, which are scheduled for November 5th. As  CryptoPotato  reported  earlier today, volatility is somewhat expected amongst market participants, given t...

“Big things are on the way for Shiboshis on Shibarium, bringing new opportunities and exciting ways to engage,” LUCIE said." TL;DR Shibarium is set for a new upgrade promising exclusive events, rewards, and enhanced utility for future expansion. SHIB rallied 9.5% daily as meme coins gain momentum, with other top performers including DOGE, WIF, and PEPE. ‘Big Things on the Way’ Shiba Inu’s layer-2 blockchain solution  –  Shibarium  – saw the light of day  last summer with the main purpose of fostering the ecosystem’s development. Since then, it has completed multiple achievements and  underwent  numerous upgrades. Most recently, LUCIE (Shibarium’s Marketing Strategist)  revealed  that another advancement is  on the way . It aims to bring new opportunities for users, such as exclusive events and rewards. The upgrade will also enhance the utility of the L2 network and allow for future expansion. “Shiboshis will play a part in future expansions a...

Bitcoin is less than 3% away from a new all-time high, while meme coins such as Dogecoin are popping left and right.  The cryptocurrency market has increased substantially in the past 24 hours, with its total capitalization reaching $2.5 trillion. This comes on the back of gains across the board. Most notably, BTC’s price soared above $71,000 as the bulls are now eyeing a new all-time high. Bitcoin Bulls Eye All-Time High Bitcoin’s price took off throughout the past 24 hours. What is interesting is that during the past day, 12 hourly candles in a row closed in the green, accelerating the cryptocurrency and pushing it a lot closer to its former all-time high. At the time of this writing, BTC is trading above $71,000, a point last seen in June this year. The buyers seem eager to achieve a new high. This move comes just a few days before the upcoming US Presidential elections, which are scheduled for next week, November 5th. Source: TradingView Although both candidates have shown some...

  Node sale will build the network to power decentralized real-time communications that can compete with the likes of Zoom and Google Meet Huddle01 , a decentralized real-time communications (dRTC) leader, opened its node sale whitelist today. Huddle01 is the first Decentralized Physical Infrastructure Network (DePIN) for RTC or audio and video conferencing. Huddle01 coordinates unused internet bandwidth through node operators to enable seamless audio-video communication via its innovative decentralized network. Huddle01 has hosted over 7 million minutes of meetings across more than 100,000 events since its inception. Adding nodes to the network will increase connectivity in key new markets and enable buyers of node licenses to own and operate a part of Huddle01 dRTC Network, and earn rewards. Logical DePIN: Nodes lead to improved latency Huddle01 Media Nodes – the atomic unit of Huddle01’s dRTC network – provide the necessary bandwidth to encode, decode and route audio/video packe...