credits – Cryptocurrencypanther

Mike Novogratz Credits XRP Army for Token’s Relevance as ETFs Maintain Inflow Streak

admin — Thu, 25 Dec 2025 20:44:49 +0000

XRP has remained visible in the crypto market because of its committed community, according to Mike Novogratz, founder and CEO of Galaxy Digital. Even as institutional capital continues to flow into Bitcoin exchange-traded funds. Mike Novogratz says ETF demand has persisted through volatility. This reinforcing Bitcoin’s market structure while leaving community-driven tokens to rely on

The post Mike Novogratz Credits XRP Army for Token’s Relevance as ETFs Maintain Inflow Streak appeared first on CoinGape.

Source link

Michael Saylor Credits Bitcoin for Strategy’s Outperformance Over ‘Mag 7’ Stocks

admin — Sat, 13 Sep 2025 22:54:33 +0000

Michael Saylor has once again highlighted Bitcoin’s growing dominance. In a recent post, he showed how Strategy’s Bitcoin-driven returns, open interest, and treasury growth has surpassed the Magnificent 7. Saylor Highlights Bitcoin’s Market Edge Over Tech Giants Saylor first revealed how Bitcoin-linked exposure has reshaped market narratives by posting data on open interest relative to

The post Michael Saylor Credits Bitcoin for Strategy’s Outperformance Over ‘Mag 7’ Stocks appeared first on CoinGape.

Source link

Cardano Isn’t Failing: Hoskinson Credits Voltaire for Addressing Long-Standing Issues – ZyCrypto

admin — Sun, 13 Oct 2024 20:28:48 +0000

Cardano Isn’t Failing: Hoskinson Credits Voltaire for Addressing Long-Standing Issues ZyCrypto

Source link

MicroStrategy (MSTR) Shares Soar 246%, Michael Saylor Credits Bitcoin’s Rise

admin — Fri, 10 Nov 2023 14:27:48 +0000

Saylor sees Bitcoin’s potential to soar even higher, especially once regulators approve financial firms’ Bitcoin spot ETF products.

MicroStrategy Inc (NASDAQ: MSTR), the software firm led by Executive Chairman Michael Saylor, has seen its shares surge by an astounding 246% in 2023.

Saylor attributes this success to Bitcoin (BTC), which has not only fueled MicroStrategy’s growth but also positioned the company to compete with tech giants like Apple Inc (NASDAQ: AAPL), Microsoft Corp (NASDAQ: MSFT), and others collectively known as the ‘Magnificent Seven’ tech stocks.

MicroStrategy Inc’s Shares and Bitcoin’s Rally

As of Thursday, MicroStrategy’s shares rose by another 6%, reaching approximately $492 per share. Simultaneously, Bitcoin, of which MicroStrategy holds billions of dollars worth, hit a yearly high of over $37,200, showcasing a year-to-date increase of 122%. The symbiotic relationship between MicroStrategy’s shares and Bitcoin’s value emphasizes the impact of the cryptocurrency on the company’s financial success.

Saylor, who has been an outspoken advocate for Bitcoin emphasized in a recent Fox Business interview that MicroStrategy is leveraging its substantial holdings of Bitcoin on its balance sheet to fuel the company’s growth.

He sees Bitcoin’s potential to soar even higher, especially once regulators approve financial firms’ Bitcoin spot ETF products. Notably, Bloomberg Intelligence strategists predict a 90% chance of approval by January 2024, adding further optimism to Saylor’s outlook.

Furthermore, Saylor explained how the combination of government-induced inflation and technology-driven deflation creates challenging conditions for companies outside the Magnificent Seven.

According to Saylor, the majority of companies struggle to maintain consistent and substantial growth, making it crucial to grow revenues and cash flows at an extraordinary pace to keep up with the industry giants.

MicroStrategy’s Journey toward BTC Investment

Realizing the competitive landscape, MicroStrategy decided in August 2020 to pivot towards a “high-growth digital monopoly”.

Saylor highlighted that Bitcoin emerged as the most promising asset, likening it to a high-tech dominant digital network growing at an impressive rate of 40% to 50% annually. MicroStrategy strategically invested in Bitcoin, and the decision has paid off handsomely, with the cryptocurrency continuing to exhibit substantial growth.

Saylor remains bullish on Bitcoin, citing the balance in its current supply and demand dynamics. He anticipates a surge in demand after the halving event in April, coupled with the potential approval of Bitcoin spot ETFs.

Saylor’s optimistic view aligns with other players in the digital asset sector, who predict Bitcoin could surpass $100,000, following historical patterns observed after previous halving events. The next halving event will reduce mining rewards from 6.25 BTC per block to 3.125 BTC

Historically, every halving has resulted in a significant increase in the price of Bitcoin in the months following. So it’s understandable that Bitcoin halving is usually met with great excitement. For example, just before the first halving in 2012, the price of Bitcoin was around $12. However, following the halving, the asset peaked at more than $1,200, representing a 9,900% increase.

The 2020 halving also precedes the ultimate surge of the coin to its All-Time High (ATH) above $69,000 in November 2021.

next

Blockchain News, Business News, Cryptocurrency News, Market News, News

Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.

Source link

IMining Partners with GuildOne to Fulfill Net Zero Commitment with Tokenized Carbon Credits on Cardano

admin — Tue, 09 Nov 2021 17:35:10 +0000

The two innovative Canadian blockchain companies are partnering on a landmark transaction of carbon credits represented as digital assets on the Cardano blockchain.

Vancouver, British Columbia —iMining Technologies Inc. (TSX-V: IMIN) (the “Company” or “iMining“) and GuildOne Inc. (“GuildOne”) are pleased to announce a new partnership that leverages GuildOne’s advanced blockchain and tokenization technologies to support iMining’s commitment towards net-zero carbon emissions in line with Government initiatives.

iMining is joining the GuildOne-founded Zero Genesis project, a collaboration of technology and industry partners. The Zero Genesis project is committed to realizing the positive impact that blockchain technology and digital assets can bring in the pursuit of sustainable development goals. The companies are collaborating on a landmark transaction that represents verified carbon credits as digital assets, or tokens, on the sustainable Cardano blockchain. Each credit represents a tonne of carbon that has been prevented from being vented into the atmosphere as emissions, acquired from sources including GuildOne’s energy industry partners.

In addition to the tokenized carbon credit transaction, the companies are collaborating on the planting of several thousand trees to further offset iMining’s carbon emissions, including projects with Indigenous partners. The carbon storage capacity of this new forest as it matures will also be tokenized as a digital asset.

The global carbon credit market is rapidly growing and is expected to reach up to US $50 – $100B by 2030, according to UN Special Envoy on Climate Action and Finance Mark Carney, and the sale of emissions offsets will be a key part of financing the multi-trillion annual requirements of the energy transition.

However, the carbon market faces numerous trust and scaling challenges. Blockchain technology is a significant advancement on traditional credit mechanisms by providing an immutable digital record of the origin, provenance and certifications of the carbon behind each credit.

The initial purchase transaction of the blockchain-based carbon credits was settled between the parties in ADA, Cardano’s native currency. Khurram Shroff, Chairman of iMining, said that the transaction was a significant move towards realizing his company’s sustainability goals.

“iMining is committed to strong ESG values, and that includes reducing the emissions impact of our operations,” he said. “Joining forces on this project with GuildOne supports both our net zero goals and our innovation in the Cardano ecosystem. We see many collaboration opportunities ahead and are on track to become net-negative emissions by next year.”

GuildOne CEO James Graham said that the partnership represents an opportunity to demonstrate the power of blockchain to support a sustainable future.

“Our unique position as a bridge between the energy sector and digital asset ecosystem allowed us to create a complete solution for turning verified carbon data into tradeable value,” he said. “We value iMining as a partner who is in deep alignment both on core values and creative technology innovation. The inclusion of nature positive credits- the tokens representing newly planted trees – deepens the positive impact of the project – and further illustrates the values alignment of the partners.”

Having completed the initial tokenized carbon credit transaction, the companies are developing the next stage of their joint project, which will engage additional blockchain capability through the use of R3’s Corda platform in the exchange and settlement of the ESG1 Tokens.

About GuildOne Inc.

GuildOne leverages the power of advanced blockchain infrastructure and applications to build innovative digital assets and ESG solutions. Working with industry and technology partners including R3 and AWS, the company’s pioneering smart contract technologies and secure networks are transforming how business transacts, shares data and creates value. Uniting product intelligence with blockchain traceability and digital assets, GuildOne is developing the automated foundation for the next generation of verified carbon credits.

www.guild1.com/

About iMining Technologies Inc. (TSXV.IMIN)

With diverse blockchain investment and infrastructure solutions, iMining is a leader in accelerating the growth of value creating DeFi opportunities for the enterprise market. The company’s operations include secure and sustainable cryptocurrency payments, staking, mining and digital asset investment designed for the scale and compliance requirements of institutional clients. iMining is committed to building strong global blockchain ecosystems and supporting inclusive access to digital tools and technologies.

www.imining.com/

ON BEHALF OF THE BOARD

Signed “Khurram Shroff“
Khurram Shroff, President & CEO

FOR FURTHER INFORMATION, please contact:
iMining Corporate Offices:
Saleem Moosa, Director
Email: [email protected]
Telephone: 1-604-602-4935 Facsimile: 1-604-602-4936
Toll Free: 1-866-602-4935

Evan Eadie, Corporate Development
Email: [email protected]
Telephone: (604) 602-4935 ext. 203
Toll Free: 1-866-602-4935

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain forward-looking statements, which relate to future events or future performance, and reflect management’s current expectations and assumptions, and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of activities, future cryptocurrency prices, operating risks, and other risks in the cryptocurrency industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

Disclaimer

iMining Blockchain and Cryptocurrency Inc. published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 17:14:07 UTC.

Source link

GuildOne Inc. Launches Landmark IoT-Verified Carbon Credits on the Cardano Network | News

admin — Tue, 02 Nov 2021 11:08:55 +0000

CALGARY, Alberta–(BUSINESS WIRE)–Nov 2, 2021–

GuildOne Inc. (GuildOne) is pleased to announce that the company has issued its first series of voluntary carbon credits on the Cardano network as digital tokens. Each token represents a tonne of carbon saved from emission through underground storage.

Under its sustainability division, ESG1, GuildOne united an ecosystem of technology and energy partners for the issuance, including leading data analytics SaaS provider Validere, Amazon Web Services (AWS), and an energy partner, who generated the credits through a Carbon Capture, Utilization and Storage (CCUS) project at a facility in Alberta.

The vision behind ESG1’s initial project was a technological solution to the challenges facing the rapidly growing voluntary carbon credit market, predicted by former Bank of England Governor Mark Carney to reach $100 billion by 2030, including widespread fraudulent and misrepresented credits.

ESG1’s tokens include the carbon’s proof-of-origin, verified measurement and analysis using Validere’s commodity data cloud, and attestations certifying the data. The automated process reduces the high costs of manual data capture and verification, making trusted credits economically viable at scale.

“Achieving meaningful environmental progress requires collaboration amongst multiple stakeholders. This combination of data analytics technology, energy industry expertise, and blockchain to measure and sequester carbon is a great example. We believe coming emissions goals will create increasing demand for solutions that ensure validation and audit trails,” said Zach DeWitt, a Partner at Wing VC and Validere investor.

Carbon credits from CCUS are expected to be a major contributor to global efforts to fund the $90 trillion in sustainable infrastructure required by 2030 to support decarbonization, according to the World Bank, and the credit market is a key priority at November’s COP26 UN Climate Change Conference.

“Tokenized carbon credits, offsets, and renewables may prove to be the pinnacle non-fungible token (NFT) of our lifetime,” said Anoop Nannra, Global Blockchain Leader at AWS. “Seeing partners like GuildOne build great solutions, and customers across the board in energy, capital markets, oil & gas, and elsewhere develop broader awareness of how to actualize their ESG goals through the adoption of blockchain technology is exciting.”

According to GuildOne CEO James Graham, the low carbon intensity of the Cardano platform and its native asset and smart contracts functionalities were key to the company’s decision to use it for the initial credit launch.

“We have an incredible ecosystem committed to building solutions that can help bridge the global gap in climate finance, and Cardano’s commitment to sustainability made it our leading choice for a public blockchain platform,” he said. “We’re excited to continue our work on Cardano and also develop new interoperability with R3’s Corda, our private blockchain network partner.”

The next stage of GuildOne’s ESG1 initiative includes data registration on Corda linked to Cardano token issuances and to settling token transactions as native assets on the Corda network. The company is also developing projects to issue forestry backed ESG credits that support Indigenous environmental reconciliation in Canada.

View GuildOne’s carbon credits on the Cardano network:

https://pool.pm/addr1vxndwmq04hrgyh0asguvmagldkjph7w7zl25yc322ywsqfqswaavs

About GuildOne Inc.

GuildOne leverages the power of advanced blockchain infrastructure and applications to build innovative digital assets and ESG solutions. Working with partners including R3 and AWS, the company’s pioneering smart contract technologies and secure networks are transforming how business transacts, shares data and creates value. Uniting product intelligence with blockchain traceability and digital assets, GuildOne is developing the automated foundation for the next generation of verified carbon credits.

www.guild1.co

View source version on businesswire.com:https://www.businesswire.com/news/home/20211102005527/en/

CONTACT: Media:

Pamela Balkwill

Pamela.balkwill@guild1.com

KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: SECURITY ENVIRONMENT OTHER TECHNOLOGY SOFTWARE NETWORKS FINANCE INTERNET BANKING DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY OTHER NATURAL RESOURCES OTHER ENERGY MINING/MINERALS FOREST PRODUCTS OIL/GAS NATURAL RESOURCES ENERGY

SOURCE: GuildOne Inc.

PUB: 11/02/2021 06:00 AM/DISC: 11/02/2021 06:02 AM

http://www.businesswire.com/news/home/20211102005527/en

Source link

Skybridge Capital becomes latest firm to buy carbon credits for its Bitcoin holdings

admin — Mon, 02 Aug 2021 16:27:59 +0000

Skybridge Capital, a global multi-asset investment firm that has filed for Bitcoin and Ether Exchange Traded Funds (ETF), has partnered with Moss Earth to offset its carbon footprint generated from its Bitcoin holdings. The firm bought carbon credits to offset approximately 38,436 tons of carbon. The investment firm joins the growing league of crypto platforms that have bought carbon credits worth millions of dollars to ensure Bitcoin is a green investment.

Anthony Scaramucci, Founder and Managing Partner of SkyBridge said the step was intended to ensure ESG-focused investors don’t shy away from Bitcoin. He said,

“We project that bitcoin mining will be fully renewable by the end of the decade. In the interim, carbon offsets represent an effective way to green the bitcoin network and facilitate adoption by ESG-minded investors.”

MOSS is a credible name in the voluntary carbon offset market and was introduced to Skybridge by One River, another Bitcoin institutional fund. MOSS made use of a conservative formula to determine the amount of carbon footprint left by the investment firm. MOSS also called Skybridge’s carbon offset plan the largest ever carried out by an institutional investor.

Crypto Exchanges Spend Millions on Metting Carbon Emission Goals

Crypto exchanges have decided to make the Bitcoin network a much more greener investment option by buying carbon credits. Winklevoss twins founded Gemini crypto exchange became the first crypto platform to buy $4 million in carbon credits. FTX crypto exchange also announced $1 million towards becoming carbon neutral recently.

The FUD around Bitcoin being bad for the environment gained a lot of traction in the mainstream media this bull season. The likes of Elon Musk also claimed Bitcoin network’s energy consumption is an environmental concern. However, a recent Bitcoin Mining Council (BMC) report highlighted that the Bitcoin network uses more than 50% of its energy from renewable sources.

Skybridge Capital has become a prominent name for its wide range of Bitcoin investment products and looking forward to launching two ETF products upon SEC approval. The SEC has delayed its decision of Skybridge’s Bitcoin ETF Filing.

Disclaimer

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

About Author

Source link