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- đź’› BTC Mine
đź’› BTC Mine
Plus, a $1 million loan with an NFT as collateral.
Sebastian Soran
February 15, 2024
Happy Thursday, Zingernation! Love was in the air yesterday. Love of Bitcoin, specifically. Bitcoin breached $52K on Valentine’s Day, triggering over $180 million in short liquidations. BTC Mine. <3
Plus, Bitcoin market cap surged past $1T, one entrepreneur secured a $1M loan with an NFT as collateral and more.
And, today’s partner created the world's first dual-processing hearing aids to give you 2x the power and crystal clear hearing.
MARKET SNAPSHOT
TOP STORY
Briefly: Bitcoin’s comeback is in full swing, as it joins the exclusive $1 trillion market cap club.
So Basically: Current figures from CoinGecko show Bitcoin trading at $52,243, marking a 1.36% increase over the last 24 hours.
So Then: This surge comes despite a brief setback attributed to a concerning inflation report from the United States.
So What? To put Bitcoin’s market cap into perspective, it currently exceeds the total GDP of several countries, including the Netherlands, Switzerland, Israel, and the United Arab Emirates.
What Next: Read more here.
A MESSAGE FROM HEAR
hear.com created the world's first dual processing hearing aids to give you 2x the power and crystal clear hearing.
How? The secret is cutting-edge German technology, engineered to separate noise and speech to produce unheard of levels of clarity.
Experts say it's the biggest upgrade in sound the industry has ever seen. And the best part is, these medical-grade devices are nearly invisible, so your friends and family will barely notice.
Over 385K happy customers and counting:
Bluetooth and smartphone compatible
Award-winning customer service
Accepts all major insurance plans
See why hear.com is the world’s #1 online hearing aid company and trial the Horizon AX for 45 days, risk-free.
FIVE ZINGERS
On The Horizon: Crypto analyst predicts Bitcoin will reach $200K as halving approaches.
Pick Up The Phone: Solana phone sales success via Helio signifies a major leap for digital currency adoption in e-commerce.
Across The Pond: The ECB has been explaining to MEPs its decision to search for European providers for a digital euro platform and infrastructure.
Stateside: PNC Bank to invest $1B in U.S. branch network, challenging traditional belief about physical bank branches.
Phew: Revolut now has an AI-powered feature to prevent customers from being scammed.
Briefly: A pseudonymous NFT entrepreneur known as Gmoney borrowed $1 million as a 180-day loan in tokenized U.S. dollars (USDC) using his CryptoPunk as collateral on the Gondi lending platform.
What: This is the first time a high-value single asset has been used to secure such a loan, according to the investor. “The loan is for a personal transaction," he told Benzinga.
Why: “We're making a major point about the value of the NFT,” said Gmoney. “I could have pursued more traditional routes to secure cheaper financing, but the fact that I was able to obtain a loan without any additional requirements is remarkable.”
So What? According to Gmoney, the loan is “not just a testament to the value of Ape Punk #8219 but also underscores the growing value and influence of NFTs in the financial and art sectors.”
What Next: Read more here.
A MESSAGE FROM HEAR
hear.com created the world's first dual processing hearing aids to give you 2x the power and crystal clear hearing.
How? The secret is cutting-edge German technology, engineered to separate noise and speech to produce unheard of levels of clarity.
Experts say it's the biggest upgrade in sound the industry has ever seen. And the best part is, these medical-grade devices are nearly invisible, so your friends and family will barely notice.
Over 385K happy customers and counting:
Bluetooth and smartphone compatible
Award-winning customer service
Accepts all major insurance plans
See why hear.com is the world’s #1 online hearing aid company and trial the Horizon AX for 45 days, risk-free.