“When I joined two years ago, NEAR had around 50,000 users, and now we have over 2.5 million daily active users,” Flament said in an interview with CoinDesk. She added that Donovan is well-suited to the CEO role now given “the current regulatory landscape.” She added: “We are not the only ecosystem making a move like that.”
“A lot of the stablecoin issuers will be, or will purport to be, completely decentralized, therefore without any point of decision or issuance” and hence unable to meet MiCA strictures, Thomas Vogel, a partner at law firm Latham & Watkins, said. “This has become a sort of threshold question for a lot of the people we talk to, and as far as I can tell there is not much guidance.”
IMX, the native token of non-fungible tokens platform ImmutableX, surged on Thursday, led by South Korean traders. The cryptocurrency rose 35% to 74 cents during Asian trading hours, CoinDesk data show. Major cryptocurrencies like bitcoin (BTC), ether (ETH), XRP and BNB traded 0.5% to 1% lower. The IMX price rally is accompanied by an over 22% increase in the 24-hour global trading volume, which rose to $556 million. The IMX-Korean won (IMX/KRW) pair listed on South Korea’s Upbit exchange accounted for nearly 20% of the global activity, followed by Binance’s IMX-tether (IMX/USDT) pair, which contributed 7% to the total volume, according to data source Coingecko.
Project Venkman is excited to announce the addition of a new membership tier in the Bill Murray 1000 Membership Program. The Bill Murray 1000 is the premier celebrity membership program offering 1000 true Bill Murray super-fans unique opportunities to attend one-of-a-kind in-person events with iconic actor, comedian, and writer.
Bill Murray’s birthday is September 21, and Project Venkman is celebrating by giving his fans a free membership to Bill Murray 1000 and a free chance to party with Bill Murray. The Open Edition membership tier is a new, no-cost entry point for Bill’s fans to learn more about Bill Murray 1000 and enter raffles for tickets to the next in-person event with Bill Murray.
In addition to ticket giveaways, an Open Edition membership is an access pass to play games, purchase custom merch, and join our Discord channels for true Bill fans.
In the week leading up to Bill Murray’s birthday, Project Venkman will airdrop Open Edition memberships directly to the digital wallets of Bill Murray 1000 Original Bill and Destinations membership owners to make sure they receive Open Edition memberships that they can keep for themselves or share with others. Project Venkman is covering all costs of the airdrop, so this is completely free for members.
Open Edition memberships can be claimed at billmurray.club. You can claim with just an email address or you can claim with a digital wallet. By simply claiming an Open Edition membership you will be eligible for the event ticket raffles. Project Venkman is covering all costs of anyone claiming with an email address, so this is a fun, simple, and free way to join Bill Murray 1000.
Finally, on September 21, the Bill Murray 1000 will celebrate Bill Murray’s birthday on Opensea where the Open Edition will be listed as a Notable Collection on the homepage. Project Venkman is offering a free Open Edition mint to anyone who wants to mint their own memberships. Minting one or many Open Edition memberships is completely free, however, the costs of transferring the memberships to your wallet will be the responsibility of the wallet owner.
“This a very sweet, very inclusive group of people, like Deadheads or Comicon people,” said Bill Murray at a member event in January, “they bring a friend or a loved one and they are enjoying the fun. And the food is fantastic!”
About Project Venkman
Project Venkman is a leading Web3 studio focused on community building and celebrity memberships. The company is dedicated to creating once-in-a-lifetime fan moments.
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Bitcoin has fallen below the $27,000 support but even this has not eliminated the bullish signals that surround the cryptocurrency. With a good number of traders still choosing to bet against the price of the pioneer cryptocurrency, the odds that a price reversal is on the horizon have become higher.
As shown in a report that was shared by on-chain data tracker Santiment, crypto investors are becoming increasingly short on Bitcoin. The chart that was posted on X (formerly Twitter) shows short positions completely overwhelming the long positions for now.
Now, in times where long positions are dominating, it means that long traders are paying shorts, and in this case, prices are more likely to drop. Likewise, when short positions dominate the market, short traders will be paying longs to hold their positions and the possibility of a rally goes up.
Short positions dominate BTC | Source: Santiment
The same trend was observed back in August when shorts dominated the market and Bitcoin surged to $28,000 before correcting back downward. If this same trend holds, then a similar surge would see the Bitcoin price rise above $30,000.
The Santiment post also points out that the price of Bitcoin has been performing well since the increase in short positions began. “This has a good probability of continuing,” the on-chain tracker said.
While the shorters dominating Bitcoin is a bullish signal, there are other factors that point toward a price rally. One of these is the fact that the Bitcoin Fear & Greed Index has moved upward into neutral territory for the first time in September.
Given that the index jumped from 45 representing fear last week to 47 representing neutral today, it points to a move toward the greed territory. In simpler terms, this means that investors are more likely to put money into the market. More money means more demand and more demand translates to higher prices.
Furthermore, Bitcoin has been able to clear the 20-day moving average, and as it continues to trade above this level, it points toward a higher probability of BTC going up versus down, especially in the short term. This meeting of bullish signals and recovering positive sentiment creates an atmosphere for the cryptocurrency to thrive.
At the time of writing, Bitcoin is changing hands at $26,990, down 0.65% on the daily chart, but still holding 2.67% gains on the weekly chart.
BTC price takes a bow to $26,700 | Source: BTCUSD on Tradingview.com
Featured image from CNBC, chart from Tradingview.com
The newly-created position forms part of Galaxy’s aim “to aggressively scale our operations in the U.K. and Europe – a region that has committed to embracing the digital asset future and creating the necessary regulatory frameworks for our industry to operate within,” Novogratz said in an emailed announcement on Thursday.
Though the trial is scheduled to begin next month, there’s still some time before the actual arguments are made. The first step, which may occur as soon as next week, is a final pretrial conference where Southern District of New York Judge Lewis Kaplan will lay out what a final witness schedule may look like, how long the trial date may be and rule on any final outstanding motions. Judge Kaplan may also entertain a few motions after the jury is selected, said Martin Auerbach, an attorney at law firm Withersworldwide.
