Author: cryptotechbro

PRESS RELEASE — Bentley Systems’ Year in Infrastructure 2024—Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced a strategic partnership with Google to integrate Google’s high-quality geospatial content with Bentley’s infrastructure engineering software and digital twin platform to improve the way infrastructure is designed, built, and operated. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241009782475/en/ Google 3D Tiles of Vancouver, enabled through Cesium technology, that will be available within iTwin. (Photo: Bentley Systems) As a digital representation of the physical world, digital twins unlock meaningful value and insights throughout the infrastructure lifecycle, from project planning and design through construction and asset…

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Spot Bitcoin US exchange-traded funds (ETFs) are roaring today, recording the highest inflow in four months as a total sum of $556 million streamed into 12 funds. Coincidentally, by the time the inflow was received, Bitcoin was rebounding as it touched a two-week high at $66,500. The highest single-day flow, at $239 million, came in through Farside (FBTC), the highest since June. Others performing well include Bitwise (BITB) at $100 million and BlackRock (IBIT) which managed to attract new investors to the rake in $79.51 million. Increased Activity Across Funds Several funds posted inflows as the market continued to rally.…

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Este artículo también está disponible en español. Bitcoin (BTC), the largest cryptocurrency by market capitalization, started the third week of October with a 6% daily surge. BTC’s performance has fueled bullish sentiment among crypto investors and market watchers, who suggest it might be ready to move to $70,000. Related Reading Bitcoin Reclaims Key Support Levels Bitcoin began the week reclaiming key resistance levels after a 6% surge from Sunday’s price. This performance saw BTC move from the $62,000 support zone to retest the $66,000 support area on Monday morning. Following the recent performance, Bitcoin’s October returns so far have turned…

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FTX will repay users approximately 119% of the value they held during the exchange’s November 2022 collapse. Defunct crypto exchange FTX has gained approval for its reorganization plan, allowing it to repay exchange customers who lost access to their balance during the company’s bankruptcy, according to an Oct. 7 press release. Almost all creditors will receive about 119% of the amount of their allowed claims. FTX expects to have between $14.7 billion and $16.5 billion in cash available for distribution. Payouts will occur within 60 days of the plan’s effective date. The effective date and first payout dates are yet…

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The price of MicroStrategy stock surging above $200, the MSTR bulls were out in force last week, insufferably posting about how Michael Saylor’s tech firm, a once dead tech company from the dot-com era, will outperform everything again this cycle. Look, I’m not going to even start parsing the hokum. You can follow BitPaine, Dan Hillery, or one of the hundreds of Bitcoin X accounts which now comprise the MSTR bull twitterverse. There’s videos, threads, and of course, a lot of people who are irresponsibly long…But the general gist is this:Michael Saylor’s has decided to buy over 200,000 BTC, and to…

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Charles Hoskinson, the founder of Cardano, unveiled a framework for blockchain governance in his latest broadcast, introducing what he refers to as a “Bill of Rights” for the Cardano ecosystem. This initiative, centered around 11 foundational blockchain tenants, aims to establish a constitutional foundation that will guide the development and governance of Cardano and potentially influence broader blockchain technologies. Broadcasting live from Colorado on October 13, 2024, Hoskinson emphasized the collaborative efforts underpinning this initiative. “More than 50 workshops have already been held,” he stated. The process has seen participation from 1,400 individuals and the election of 63 delegates. At…

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In the crypto market, market sentiments have often dictated the price movement of any digital asset. Presently, the narrative surrounding Dogecoin has shattered dreams as analysts predict it will never touch the $100 mark. On the other hand, Shiba Inu’s potential to reach $0.001 is acknowledged, and ETFSwap (ETFS) is expected to bring the most value as ETFS is expected to jump 30,000x to $4 in weeks. ETFSwap (ETFS): A Promising Platform With 30,000x Potential ETFSwap (ETFS) is a highly liquid asset platform that offers tokenized exchange-traded funds to investors seeking to make more gains by spreading their assets across…

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…

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