August 3 BTCUSD BingX Chart Analysis and Today's Headline
The stimulating news yesterday caused a brief rally in BTC, but it does not fundamentally change the current market conditions. The entire market is currently experiencing a lack of liquidity, so it is not surprising to see BTC return to around $29,000. It is important to note that there is renewed FUD surrounding Binance in the market, and such negative news can easily lead to a sharp decline in prices.
Ayre Group Has Acquired a Majority Stake in Nchain for Approximately $570 Million
BSV supporter Calvin Ayre's Ayre Group has signed an agreement with nChain, the developer of the BSV protocol, to acquire a majority stake in the company, as well as assets such as credit facilities and intellectual property licenses, for 500 million Swiss francs (approximately $570 million). nChain is a developer of Bitcoin SV node software and blockchain software like Teranode and LiteClient. Currently, the company holds nearly 800 technical patents and has over 3,000 pending approvals.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
Ayre Group Has Acquired a Majority Stake in Nchain for Approximately $570 Million
BSV supporter Calvin Ayre's Ayre Group has signed an agreement with nChain, the developer of the BSV protocol, to acquire a majority stake in the company, as well as assets such as credit facilities and intellectual property licenses, for 500 million Swiss francs (approximately $570 million). nChain is a developer of Bitcoin SV node software and blockchain software like Teranode and LiteClient. Currently, the company holds nearly 800 technical patents and has over 3,000 pending approvals.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
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