$1M – $10M MarketCap:

1. DePIN DAO (DEPINDAO): 27%
2. LandX Governance Token (LNDX): 26%
3. Cogito Finance (CGV): 26%
4. Amulet Protocol (AMU): 19%
5. Ideaology (IDEA): 18%

$10M – $100M MarketCap:

1. Extra Finance (EXTRA): 81%
2. Xend Finance (RWA): 79%
3. Soil (SOIL): 77%
4. KRYLL (KRL): 68%
5. Niza Global (NIZA): 67%

$100M – $1B MarketCap:

1. Civic (CVC): 92%
2. Metaplex (MPLX): 74%
3. Polymesh (POLYX): 44%
4. Childrens Aid Foundation (CAF): 40%
5. Aerodrome Finance (AERO): 39%

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

Join CryptoCrunchApp on Telegram Channels – Click to Join

South American gold mining company Nilam Resources has announced its intention to acquire 24,800 Bitcoins, valued at approximately $1.7 billion, through a Letter of Intent (LOI) with Xyberdata Ltd. The acquisition involves issuing a new Preferred Class of Series C Stock in exchange for the Bitcoin, with the transaction set to occur at a rate below the current market value. This strategic move will enable Nilam Resources to gain 100% ownership of MindWave, a special purpose entity in Mauritius, which will hold the digital assets as collateral for capital investment in high-yield projects.

Pranjali More, CEO of Nilam Resources, emphasized the company’s dedicated efforts over recent months to finalize the necessary agreements, underscoring their commitment to transparency and sustainability. With Bitcoin increasingly recognized as the “Gold Standard” of digital transactions, Nilam Resources aims to leverage the market rally to exceed assets worth one billion US dollars. The acquisition terms will be outlined in forthcoming definitive agreements, with MindWave expected to become a subsidiary of Nilam Resources, offering shareholders new class Preferred Shares (Class C) with conversion rights upon listing on NASDAQ or other liquidity events. Keshwarsingh Nadan, Director of Xyberdata Ltd., expressed enthusiasm about the partnership, highlighting their collaboration with fintech experts.

Source

The Australia and New Zealand Banking Group (ANZ) has partnered with Chainlink Labs, making strides in blockchain interoperability by linking the Avalanche and Ethereum networks. Utilizing Chainlink’s Cross-Chain Interoperability Protocol (CCIP), ANZ showcased a method for clients to seamlessly trade and settle tokenized assets across different currencies on these networks. This initiative hinges on the “Delivery vs. Payment” (DvP) standard, potentially revolutionizing the way securities transactions are settled by ensuring atomic, non-intermediated settlements across blockchain infrastructures.

This collaboration saw ANZ facilitating a transaction where a customer acquired a tokenized New Zealand dollar stablecoin via Avalanche and used it to buy tokenized Australian nature-based assets on the Ethereum network, priced in a tokenized Australian dollar stablecoin. This exercise underscores the merging paths of traditional and decentralized finance, positioning ANZ to further deploy this solution on blockchain mainnets, aiming to modernize financial services industry’s asset settlement processes.

Report

In the wake of ongoing peer-to-peer (P2P) clampdowns in Nigeria, the country’s Bitcoin community took a remarkable step towards empowerment by dedicating International Women’s Day to educating and uplifting women through Bitcoin education. On March 16, 2024, hundreds of women from diverse backgrounds ranging from students and entrepreneurs to professionals and homemakers, united by a shared desire to learn and grow in the digital age, gathered and participated in a series of educational initiatives aimed at empowering women by demystifying Bitcoin and decentralized digital finance technologies. Each session provided attendees with invaluable insights from top tier female experts in…

Read more on BitcoinMagazine

The London Stock Exchange (LSE) has announced a significant move in the world of cryptocurrency. Starting from 8 April 2024, the LSE will begin accepting applications for Bitcoin and Ethereum Crypto Exchange-Traded Notes (ETNs). This initiative, pending approval by the Financial Conduct Authority (FCA) for the necessary prospectuses, aims for a trading commencement on 28 May 2024. This date has been chosen to allow a broad participation of issuers from the outset. To be part of the inaugural day, issuers must submit a detailed application and draft prospectus by 15 April 2024, demonstrating compliance with the Crypto ETN guidelines available on the LSE website. Failure to meet the detailed requirements, submit applications in time, or obtain FCA approval for the prospectus by 22 May will result in exclusion from the launch. This development marks a pivotal moment, integrating cryptocurrency more deeply into mainstream financial markets.

Source

BIGCAP COINS:

1. Bitcoin: Market Cap of $1.3 Trillion.
2. Pepe: Market Cap of $3.5 Billion.
3. Solana: Market Cap of $85.3 Billion.

MIDCAP COINS:

1. BOOK OF MEME: Market Cap of $765 Million.
2. Ondo: Market Cap of $1.3 Billion.
3. beoble: Market Cap of $21.6 Million.

RISING COINS:

1. Mog Coin: Market Cap of $382 Million.
2. BeFi Labs: Market Cap of $24.2 Million.
3. Grok: Market Cap of $113 Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

Join CryptoCrunchApp on Telegram Channels – Click to Join

Marathon Digital Holdings, Inc., a leading Bitcoin mining company, has launched two revolutionary products, MARAFW firmware and MARA UCB 2100 control board, aimed at enhancing Bitcoin mining rigs’ efficiency and performance. The company, known for its substantial role in the Bitcoin ecosystem, has been testing these innovations for a year and is now deploying MARAFW across its 200,000+ mining rigs. These advancements are now available to the wider mining community, with Marathon already recording sales to several enterprise clients.

MARAFW, a custom firmware, boosts miner performance by optimizing chip settings, offering features for both overclocking to increase Bitcoin production and underclocking for efficiency. It includes thermal protection and is compatible with most control boards, including the MARA UCB 2100. The latter, a cutting-edge control board designed by Marathon, supports diverse mining rigs and pools, preloaded with MARAFW.

Fred Thiel, Marathon’s CEO, highlights the move as an opportunity for the mining community to leverage Marathon’s proprietary tech for improved profitability and efficiency, especially with the upcoming halving event. Marathon will showcase these technologies at the Empower Conference in Houston from March 26-27, 2024.

Source

How will governments function in a world that has transitioned from fiat to hyperbitcoinization? This is a question that I have thought about recently, and I wanted to think through what happens to governments on a Bitcoin standard. The questions I have are the following: how will governments fund themselves? How do your taxes work in a digital landscape, and how will governments respond to this dilemma?

How Will Governments Fund Themselves?

Most hardcore Bitcoiners probably could care less about what happens to the government on a Bitcoin standard. I would venture to say…

Read more on BitcoinMagazine