• Bitcoin surged beyond $98,000 to hit $100k

    Bitcoin surged beyond $98,000 as investors placed their bets on Trump’s favorable stance towards cryptocurrency. The cryptocurrency reached an all-time high on Thursday, hovering above $98,000 before retracting gains. This uptrend is attributed to investors’ optimism regarding the incoming Trump administration’s crypto-friendly policies. Since the presidential election on Nov. 3, Bitcoin has experienced a significant increase of approximately 40%. 5, achieving numerous milestones as investors target $100,000.

    Recent discussions within President-elect Donald Trump’s transition team about the potential for a groundbreaking role in crypto policy have contributed to the token’s recent surge.

    Bitcoin has played a significant role in the Trump trade, with promises from Trump to support crypto-friendly initiatives such as the establishment of a national bitcoin reserve and the appointment of a new Securities and Exchange Commissioner in place of Gary Gensler.

    CEO of digital asset firm Galaxy Digital (GLXY. TO, BRPHF), Mike Novogratz, stated to Yahoo Finance on Wednesday that whoever Trump selects to lead the SEC would be beneficial for bitcoin due to the favorable stance on cryptocurrencies within the president-elect’s team.

    “All the individuals involved are supportive of our sector. They have faith in the realm of digital assets. “They have faith in blockchains and bitcoin, therefore the entire focus of this administration is expected to be vastly different than the Elizabeth Warren, Gary Gensler era,” Novogratz stated.

    The surge in bitcoin value this week is also linked to a Financial Times article that mentioned Trump Media & Technology Group (DJT) being in advanced discussions to purchase crypto trading company Bakkt (BKKT), a move that could further stimulate developments in the industry.

    In the meantime, bitcoin spot ETFs have experienced significant investments over recent weeks.

    According to a report by Yahoo Finance’s David Hollerith, BlackRock’s spot bitcoin ETF (IBIT) witnessed a $13 billion increase in assets following Trump’s election victory, based on data from Yahoo Finance. This propelled assets in the iShares Bitcoin Trust over $40 billion in just 10 months since its inception.

    Options linked to IBIT also commenced trading on the Nasdaq on Tuesday, increasing further trading volume in the cryptocurrency sector.

  • Quantoz Announces Euro and US Dollar Stablecoins

    Quantoz Payments B. V. Quantoz, the payments technology firm headquartered in the Netherlands, is excited to announce the upcoming launch of two stablecoins, EURQ and USDQ, which have been developed to comply with MiCAR regulations. These stablecoins, EURQ and USDQ, are E-Money Tokens (EMTs) pegged to the euro and US dollar, respectively. They will be issued on the Ethereum blockchain by Quantoz, an Electronic Money Institution (EMI) that is authorized and regulated by De Nederlandsche Bank (DNB), the central bank of the Netherlands. The introduction of these new EMTs will streamline euro and US dollar transactions and facilitate transfers and payments within secondary markets, as well as between digital asset and cryptocurrency exchanges. Fiat-backed stablecoins on blockchains have the potential to facilitate digital and decentralized transactions that are quicker, more visible, reliable, and cost-effective in contrast to current payment systems.

    Bitfinex and Kraken, two of the oldest and most trustworthy cryptocurrency exchanges globally, intend to be the initial platforms to offer trading for EURQ and USDQ to qualified customers on Thursday, November 21st.

    Arnoud Star Busmann, Chief Executive Officer of Quantoz Payments, stated:

    “We are excited to introduce genuinely European-based stablecoins to the market, accessible on reputable platforms for European customers and businesses, issued by a firm with its origins in the Netherlands, a prominent fintech hub in Europe. ” The MiCA legislation introduces a heightened sense of confidence to digital assets markets, particularly with its prudential criteria for the creators of stablecoins. In the increasingly digital landscape of payments, the presence of well-regulated, transparent, and fully collateralized stablecoins is crucial for facilitating prompt, cost-effective, and secure transactions within the world’s largest single market.

    A consortium of investors, comprising Fabric Ventures, Kraken, and Tether, has demonstrated their endorsement of Quantoz by injecting capital into the company.

    Anil Hansjee, General Partner at Fabric Ventures, emphasized:

    “Europeans are vocal about MICAR streamlining stablecoin issuance in Europe, but despite clearer regulations, there are few entities capable of executing it on a large scale. ” Consider regulatory permits, top-tier banking collaborators with sufficient liquidity ratios and financial statements, blockchain knowledge, cutting-edge and expandable compliance onboarding, on-chain transaction surveillance, treasury and risk oversight, security genetics, not to mention a capability to persuade prominent European exchanges to include you and market creators to offer liquidity, along with decentralized applications to develop practical applications related to you. Quantoz Payments has accomplished all of this and assembled all the appropriate elements necessary for success. Fabric Ventures is pleased to engage in this collaboration and in an investment concept that aligns closely with our knowledge in transactions and cryptocurrency.

    Mark Greenberg, Vice President of Product and General Manager of Consumer at Kraken, remarked: “Stablecoins are fundamental to cryptocurrency, transforming the manner in which individuals integrate conventional finance with the decentralized realm. ” “We are excited to participate in this funding round and collaborate with industry allies to advance the goal of cryptocurrency adoption. “

    Paolo Ardoino, Chief Executive Officer of Tether remarked:

    “Our endorsement of Quantoz underscores Tether’s dedication to nurturing cutting-edge and compliant solutions in the digital asset industry. ” By backing Quantoz and introducing technological solutions like Hadron by Tether, we reaffirm our commitment to expanding dependable, compliant financial instruments that empower users and foster trust within the digital landscape.

    Arnoud Star Busmann, CEO of Quantoz Payments, remarked, “Quantoz is a well-established digital payments technology firm situated in the heart of the European Union. Earlier this year, we launched EURD, an additional euro-supported stablecoin geared towards e-money solutions for consumer payment ecosystems and treasury management for corporations.

    The backing received in this funding round from top digital asset companies will empower us to offer a timely solution for digital asset markets and leverage blockchain-based currency benefits for more traditional applications. ” We are thrilled to collaborate with them on this endeavor.

    The quantity of EURQ and USDQ in circulation is completely supported by fiat reserves and very liquid financial instruments like government bonds. These funds are overseen by an autonomous organization, under the watchful eye of rigorous DNB supervision, and are held in separate accounts with top-tier financial institutions. Together with the necessity of upholding 100% reserves to completely support all circulating funds, Quantoz is also mandated to retain an extra 2% on its internal financial statement in compliance with MiCAR commitments.

  • Job Vacancy: Automation Operator worker needed

    Automation Operator worker needed
    Disney Cruise Line positions
    Disney Cruise Line
    Employer: Disney Cruise Line
    Category: Behind the Scenes & Technical
    Temporary Positions
    Cruise Vessels
    International Positions
    Theater
    Work Type: Temporary
    Compensation and Perks: Competitive including airfare, lodging, and meals

    Location
    City: International

    Description

    Each day at Disney Cruise Line, we are dedicated to creating the enchantment of Disney. We derive pleasure from crafting meaningful experiences and cultivating authentic relationships with our visitors. We uphold the highest standards with one another and consistently behave with accountability in order to prioritize the safety of our colleagues and visitors. Bound by our Disney principles, we strive for perfection in every endeavor. As a member of our team, you can reside and operate within a varied and welcoming atmosphere among a skilled and encouraging society. If you are prepared to craft memorable moments and develop personally and professionally, submit your application today.

    As an Automation Operator, you will oversee the operation of Entertainment Automation Systems at the Walt Disney Theater, including coordinating the movement of stage scenic elements during our Broadway/West End Style Musical Theater Production Shows. You will also oversee all ship-wide automation and rigging systems to ensure proper functionality and maintenance for outdoor deck parties, shows, and events.

    You will report to Senior Technician Walt Disney Theatre.

    Responsibilities:

    • Supervise the operation of Entertainment Automation Systems at the Walt Disney Theater, including all stage scenic elements during shows.
    • Manage the maintenance and safe operation of all rigging equipment used in outdoor shows and events.
    • Receive training in all outdoor rigging positions to operate safely during shows.
    • Act as a key member of the Walt Disney Theater Team, responsible for load-ins and load-outs, cast changeovers, new show installations, equipment tests, vendor support, movie premieres, and company events.

    Basic Qualifications:

    • Minimum five years of experience in show production in a similar role.
    • Experience in operating computerized automation control equipment.
    • Experience or qualifications in theatrical/entertainment-based rigging operations.
    • Proficient in hydraulics, electronics, electric motors, motor drives and controls, manual and automated rigging devices.
    • Ability to work at heights and with heavy equipment.

    Additional Information:

    This is a role on board a ship.

    Benefits are offered year-round, both on contract and off-contract, as long as a return contract is signed. Benefits include Major Medical Coverage, Short & Long Term Disability, Life Insurance, and Retirement Savings Plan Options.

    Requirements:

    • Demonstrated interest in a career at sea and willingness to live and work onboard a Disney Cruise Line vessel.
    • Willingness to follow safety protocols, emergency responsibilities, and related duties as outlined in the ship Assembly Plan.
    • Willingness to uphold general safety management responsibilities as outlined in the Safety Management System for areas and operations under your control.
    • If applicable, willingness to share a cabin with other crew members and ability to work and live in a multicultural environment with strict rules and regulations.

    Your Responsibilities:

    • Possession of a valid passport and C1/D Seaman’s visa (Documents will be provided by DCL to obtain this).
    • Completion of a pre-employment medical evaluation.
    • Obtaining a criminal background check.
    • Use of approved work shoes.

    Disney Cruise Line maintains a drug-free workplace. All newly recruited employees must undergo drug and alcohol screening within the initial week of joining and periodically throughout their tenure. In the event of failing the drug/alcohol testing, termination will be executed promptly.

    Please watch our recruitment video at: https://www. youtube. com/watch? v=RoIaEpMl9PY

    For additional details and to submit your application, kindly click on the “Apply” button.

    Superb Hiring is the firm entrusted with recruiting for Disney Cruise Line.

    Deadline: 30th November 2024, 11:59 PM

  • Pennsylvania to utilize $7 billion state fund for Bitcoin Strategic Reserve acquisitions

    Pennsylvania presents legislation to utilize $7 billion state fund for Bitcoin Strategic Reserve acquisitions. Pennsylvania’s lawmakers have put forth significant proposals to create a Bitcoin reserve, positioning the state as a leader in digital asset policy within the United States. The legislation proposed by Assemblyman Mike Cabell authorizes the state to apportion a portion of its reserves exclusively to Bitcoin as a strategic hedge against inflation and an asset to safeguard the economic future of the Commonwealth.

    This development follows Pennsylvania’s approval of the Bitcoin Rights bill in the House and its current deliberation in the PA Senate.

    As per Dennis Porter, co-founder of the Satoshi Action Fund, Pennsylvania’s implementation of Bitcoin reserve laws demonstrates a proactive approach in addressing financial instability and inflationary challenges. Porter stated during a recent Twitter Spaces event, “This endeavor positions Pennsylvania as a leader among states gearing up for a future focused on digital assets. “

    Porter further mentioned that comparable legislation is under review in other states, showcasing Pennsylvania as a possible template for more comprehensive legislative endeavors throughout the US.

    Representative Cabell, a prominent figure in championing the reserve initiative, recognized the cooperative backing from legislators and advocacy groups. He expressed that although the reserve plan represents a notable advancement, additional endeavors are required to guarantee a seamless execution. Cabell stated, “This task cannot be accomplished by a single legislator or even a collective of legislators; it necessitates supporters who comprehend the policy complexities and are capable of cultivating these connections within state legislatures and Congress. “

    According to Satoshi Action Fund, the legislation has already garnered momentum within the Pennsylvania House, and initiatives are being made to obtain Senate approval as well as the Governor’s backing.

  • Bitcoin surpasses another record high, currently evaluating at $92,000.

    Bitcoin rose to a fresh all-time peak of $91,831, exceeding its prior pinnacle of $89,900, achieved just a day ago. The premier digital currency is presently trading at $91,800, with a 24-hour rise of 6. 91%, marking its year-to-date expansion at 117%.

    The wider market exhibited a similar reaction, driving the total global digital asset market capitalization to $3. 02 trillion, while Bitcoin’s dominance stands at 59. 6%.

    The recent surge comes after Donald Trump’s win in the 2024 US election, leading to a revitalized interest among investors.

    Ethereum lags behind, valued at $3,290, with a slight 0. 44% uptick in a 24-hour period but showing a 25% increase over the past 7 days.

  • Ethereum exchange-traded funds (ETFs) have seen a rise in value following the US election

    Ethereum exchange-traded funds (ETFs) have seen a rise in value following the US election with approaching favorable net flows. Spot Ethereum (ETH) ETFs received $295. 5 million in inflows on Nov. 11, their peak daily positive net flow since inception bringing them $29 million away from achieving positive net flows.

    As per Farside Investors data, Fidelity’s FETH led the inflows, recording $115. 5 million, while BlackRock’s ETHA saw the second highest inflows at $101. 1 million.

    Grayscale’s Ethereum Mini Trust experienced the third highest inflows, with $63. 3 million captured throughout the trading day.

    Promising times ahead

    According to Bloomberg senior ETF analyst Eric Balchunas, Grayscale’s Ethereum Trust (ETHE) has not reported any outflows in the past six days, which he interprets as a indication that ETHE’s unlocks have concluded.

    He stated:

    “Sunny days ahead, although still trailing behind BTC ETFs. “

    Balchunas mentioned that while Ethereum ETFs are still behind Bitcoin (BTC) ETFs, their individual performance is commendable. ETHA, for example, stands as the sixth-largest exchange-traded fund (ETF) debut in terms of capital inflow in 2024 within a pool of over 600 new ETFs. Institutional backing drives expansion. CEO of The ETF Store, Nate Geraci, highlighted a noteworthy pattern in Ethereum ETFs following the outcome of the US election, with a total of more than $500 million in inflows within a span of merely four days. One primary reason for this rise is the growing institutional adoption, exemplified by the recent investment made by the Michigan Retirement System.

    According to the most recent 13-F filing, the Michigan State pension fund disclosed an $11 million contribution to Grayscale Ethereum exchange-traded funds in the third quarter, marking the first instance of a public pension fund incorporating Ethereum into its investment portfolio. Significantly, the Michigan fund currently possesses a greater amount of Ether than Bitcoin, with $7 million in Bitcoin investment as of September 30.

    Balchunas also proposed that the introduction of options trading for Ethereum ETFs may quicken the flow of funds, drawing in increased interest from major institutional investors. Nevertheless, advancements in this area may be gradual.

    The SEC in the United States has postponed its ruling on this issue, with certain experts, like James Seyffart from Bloomberg, forecasting that a conclusive decision might be pushed back to April 2025.

  • TRON DAO: New Gateway to Borderless Transactions

    Crypto giant Tron DAO has formally introduced the Tron-peg USD coin on the Tron blockchain, an inventive inter-chain resolution created to simplify international transactions and expand Tron’s stablecoin network. By enabling smooth and effective cross-chain transactions, tron-pegged USD coin broadens the options for users to utilize USDC throughout the tron network.

    Tron-pegged USD coin facilitates seamless USDC transfers between Ethereum and Tron, functioning as a crucial stablecoin connector. Skilled individuals can readily obtain tron-peg USD coin via an efficient cross-chain mechanism: upon depositing USDC-ERC20 into Ethereum’s bridge contract, the system identifies the transaction, creates a matching quantity of tron-peg USD coin on Tron, and sends it directly to the user’s Tron address. Likewise, regular users interested in transferring tron-peg USD coin back to Ethereum can commence the procedure using the specified token contract on Tron. Interoperable transactions between TRON and Ethereum can also be carried out via approved exchanges.

    The TRON-pegged USD coin provides users with complimentary cross-chain transaction services. Moreover, its reserve holdings are completely visible in live, guaranteeing that reserves consistently surpass the overall circulation. This ensures that users can consistently exchange their USDC on Ethereum at a one-to-one ratio. Individuals have the ability to authenticate reserved assets instantly.

    Additionally, maintaining the security of the system is of utmost importance. The TRON-pegged USD coin undergoes thorough audits by ChainSecurity, a prominent blockchain security organization spearheaded by security professionals from ETH Zurich. The thorough 24-page examination solidifies Tron’s dedication to user safety and contract authenticity. Ioannis Sachinoglou, principal engineer at ChainSecurity, expressed: “This audit of the TRON-PEG USD Coin bridge provided us with the opportunity to thoroughly examine TRON’s inter-chain infrastructure. ” we examined the bridge’s mechanisms, along with the connections between the tron and ethereum networks. Working in close partnership with the tron team, we collaborated to pinpoint and resolve potential weaknesses, ultimately strengthening the bridge’s durability and bolstering user confidence. We anticipate future collaboration with Tron and aiding in the protection of their ecosystem.

    As a key figure in the stablecoin market, accounting for more than one-third of the total stablecoin supply, Tron DAO is dedicated to consistently improving the Tron-peg USD coin with increased security and user-centered benefits. These improvements are intended to establish Tron-pegged USD Coin as a reputable option for safe, smooth transactions, enabling users globally.

  • Trump presidency to lift crypto

    The ex-president, Donald Trump, is scheduled to make a return to the White House in January following his victory in the election held on Tuesday. During the campaign, Trump made multiple commitments to the cryptocurrency community, including one to dismiss the U. S. securities and exchange commission (SEC) chief Gary Gensler on the initial day of his term. Approximately six merger consultants and venture capitalists anticipate that Trump will fulfill his commitment to dismiss Gensler, who has relied on enforcement-driven regulation for an extended period. specialists also posit that trump may lay the groundwork for more favorable cryptocurrency regulations.

    In anticipation of these upcoming adjustments, merger consultants and venture capitalists informed Bloomberg that they anticipate an increase in cryptocurrency merger and acquisition transactions next year.

    Casper Johansen, who leads the Spartan Group’s advisory services for digital assets, stated: “With Trump in the White House, we anticipate 2025 to be a significantly more robust year for dealmaking. “

    Dragonfly Capital’s managing partner Haseeb Qureshi mentioned that Trump’s win and the shift in SEC leadership will alleviate concerns about transactions being obstructed, or business avenues being deemed illegal, or facing legal consequences from the SEC.

    Several investment bankers specializing in digital assets predicted that many CEOs will utilize acquisitions to accelerate their expansion strategies during Trump’s second presidency.

    Some cryptocurrency companies, such as brokerage firm FalconX and Tether, the largest stablecoin operator, have indicated plans for potential transactions. In June, Tether indicated its anticipation to allocate $1 billion towards investments within the upcoming 12 months.

    Additionally, Stripe Inc. , a financial technology company valued at approximately $70 billion, disclosed its intention last month to purchase stablecoin startup Bridge for approximately $1. 1 billion. Certain challenges are expected to persist, including the uncertainty surrounding U. S. regulations. Policies and the Securities and Exchange Commission (SEC) were not the sole obstacles in carrying out merger or acquisition transactions. One of the primary causes of failed transactions is the lack of consensus between buyers and sellers on company valuations.

    The majority of cryptocurrency firms secured funding during the bullish market phase that concluded in 2022. This indicates that their most recent funding appraisals significantly exceed the present market value. If purchasers and vendors are unable to reach a consensus, the transactions collapse.

  • One thing that can help you make bitcoin instantly online

    Faucets, Faucets, Faucets…

    Friends often ask: What is the quickest means of earning bitcoin on the internet?

    One way to earn Bitcoin instantly online is by using Bitcoin faucets. These are websites or apps that give you small amounts of Bitcoin for completing simple tasks, like solving captchas, watching ads, or playing games. While the payouts are usually small, they provide an easy way to get started with Bitcoin without any upfront investment.

    Here’s the best way to make tons of $$$ online

    How Bitcoin Faucets Work:

    1. Visit a Bitcoin faucet site: Examples include FreeBitco.in, Cointiply, or BonusBitcoin.
    2. Complete tasks: These could range from filling out captchas to clicking on ads or simply visiting a page.
    3. Claim Bitcoin: After completing the tasks, you’ll receive a small payout in Bitcoin, which is added to your wallet.

    Quick Tips:

    • Faucets typically have low payouts, but they can add up over time, especially if you use multiple faucets.
    • Some platforms offer “referral bonuses,” where you earn a percentage of what your referrals earn, which can help you grow your Bitcoin balance faster.

    While faucets aren’t going to make you a fortune, they are a way to start accumulating Bitcoin with very little effort. For larger earnings, consider other methods like mining, trading, or offering services for Bitcoin, but faucets are a quick, entry-level way to start.

  • Amazing! How BlackRock sees historic $1.1 billion inflow

    The Trump win propelled crypto world in wonderful ways

    BlackRock’s IBIT experienced a landmark influx of $1. 12 billion on November. 7, exceeding prior cumulative sums for all spot bitcoin exchange-traded funds. This substantial capital transfer represents the biggest one-day influx in the record of spot bitcoin exchange-traded funds. Other prominent asset managers also indicated significant inflows.

    Fidelity’s FBTC garnered $190. 9 million, whereas Bitwise’s BITB rose by $13. 4 million. ark’s arkb rose by $17. 6 million on the identical date, as documented on November. 7. The collective influx reached $1. 37 billion, representing the top-performing day in the history of spot Bitcoin ETFs since their introduction in January.

    These inputs align with Bitcoin surpassing the highest price multiple times, reaching a peak of $76,900. This shattered previous records on two occasions following the US presidential election in November. 5. The uptick in bitcoin’s value and ETF influx indicates a rise in institutional attention post the election outcome. The ETF’s record-breaking inflow exceeded the total combined amount from previous comparable funds, indicating a potential change in institutional investment tactics post Trump’s victory.