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Rock and Roll Legend Elvis Presley Immortalized as NFT
By Philip Maina 2 months agoSun Oct 20 2024 09:40:55 Reading Time: 2 minutes Rock and roll legend Elvis Presley has resurfaced on the Bitcoin blockchain Presley has been turned into a Bitcoin NFT Dubbed “Elvis Side $Btc,” the NFT collection has 1,935 collectibles Elvis Presley, a rock and roll singer between 1953 and 1977, has found a new life on the Bitcoin blockchain as an NFT . The collection was created by Royalty, an intellectual property platform, and OrdinalsBot, a platform that helps entities inscribe data on the Bitcoin blockchain. Known as the “Elvis Side $Btc” collection, it has...
BTC Eyes $100K as US Spot ETFs Break Through $100 Billion
Bitcoin is approaching US$100k, a surge supported by the rapid growth of US spot Bitcoin ETFs, which now manage over $100 billion in assets. The 11 Bitcoin ETFs are now closer to overtaking gold ETFs, which currently hold US$120B in assets. Market observers are predicting Bitcoin could exceed $100,000 by the end of 2024, spurred by potential regulatory changes and institutional demand. Bitcoin (BTC) is nearing the US$100k (AU$153K) milestone, currently trading at US$98,600 (AU$151K) after a 4.6% increase in the last 24 hours. Bitcoin’s weekly price, source: CoinMarketCap This surge follows significant developments in the cryptocurrency market, including the...
BTC miner DMG Blockchain expands after $16M fundraising
Homepage > News > Tech > BTC miner DMG Blockchain expands after $16M fundraising DMG Blockchain (NASDAQ: DMGGF), a Canadian BTC block reward miner, has announced the expansion of its operations following a fundraising campaign that netted the company $16 million. DMG, which has a dual listing on the Toronto Stock Exchange and the Frankfurt Stock Exchange, channeled $5 million to purchase hydro miners from Bitmain. The miners have an efficiency of 15 J/TH, the company revealed in its press release. “With our recent fundraising that added $16 million to DMG’s cash balance, we have immediately allocated approximately $7 million...