Numerai, the decentralized hedge fund powered by crowdsourced machine learning, has announced the completion of its third strategic purchase of Numeraire (NMR), acquiring an additional $1.2 million of the token from the open market. The purchase brings Numerai’s total NMR buybacks to $3.2 million within one year. Why the Buyback Matters The buyback reflects Numerai’s […]
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Most Bitcoin holders are sitting on one of the most valuable assets in the world. And doing absolutely nothing with it. That’s starting to change with Mezo. Mezo, a Bitcoin-native lending protocol, just announced a strategic partnership with Aerodrome Finance. If you’re not familiar with Aerodrome, here’s what you need to know. It’s the largest…
Add ZyCrypto News On Google Fundstrat Capital’s co-founder, Tom Lee, flagged multiple bullish metrics for Ethereum (ETH) as analysts expect price moves higher in the coming months. Lee remains invested in the largest altcoin through corporate treasury holdings and is an advocate for institutional adoption. Ethereum Is Grossly Undervalued- Lee Speaking at the New Era…
Ether prices have reached their highest level since early June as analysts eye its next move. ETH tapped a six-week high of $1,940 in late trading on Wednesday and has held on to those gains into Thursday morning, where it remained above $1,900. CryptoQuant analyst ‘Darkfost’ said on Thursday that the move was driven…
El Salvador’s Bitcoin reserve is back in the market spotlight because its public one-BTC-a-day narrative has resurfaced just as Bitcoin’s drawdown, IMF conditions, and wallet-accounting questions are pressing on the same policy. BitcoinTreasuries lists El Salvador’s government holdings at 7,696 BTC, worth about $460 million, as of Jun. 28. The figure keeps the country among…
Peter Schiff, a staunch Bitcoin critic, warned investors against holding the crypto asset at current levels. According to him, those who fail to offload their BTC stash at the current value above $60K could incur heavy losses. Many people, myself included, regret not buying Bitcoin when they first learned about it. Soon, more people will…