How 10 cows in Brazil unlocked a tokenized path to bridge an $8 trillion global finance gap
Ten dairy cows in Paraná, Brazil, carried encrypted identities that Cowmed collars had built from each animal's health, behavior, and location data into B3 this week. Those identities turned the cows into collateral for nearly $20,000 in credit, and the record behind them aims to shrink the haircut lenders apply and stop lenders from pledging […] The post Ho...
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Why two public companies quietly liquidated 511 Bitcoin in 24 hours to escape $31.7 million in debt
Voluntary sales removed KULR’s collateral risk and Smarter Web’s near-term maturity and 7.7 million potential shares. The post Why two public companies quietly liquidated 511 Bitcoin in 24 hours to escape $31.7 million in debt appeared first on CryptoSlate....
Bitcoin traders ran out of excuses for the market’s flatline – and now a $2.5 billion bet is running out of time
Traders spent most of July with a pretty good explanation for why Bitcoin wouldn't move. A dense cluster of options contracts had the price boxed in, they argued, because the dealers who sold those contracts were buying every dip and selling every rally to keep their own books balanced. Clear the contracts away, and Bitcoin […] The post Bitcoin traders ran o...
Bitcoin price has a $64.5k trap as Sunday’s close forces traders between a $68k relief rally or a drop to $60k
Bitcoin is trading near $64,500 this weekend, sitting between $65,000 resistance above and $62,500 support below, the two prices that will define its week. Bitcoin climbed as high as $66,990 on July 21, a one-month high, before slipping back under $65,000 and turning that former breakout line into overhead resistance. Trading volume over the past […] The pos...