Bitcoin, often considered the gold standard of cryptocurrencies, has long been criticized for its lack of scalability. With a paltry transaction processing speed of just seven transactions per second in comparison to Visa’s 24,000, the network struggled to handle large transaction volumes. Additionally, the absence of support for smart contracts meant that Bitcoin lagged behind
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Hunter Horsley, the CEO of Bitwise, has recently made a bold prediction about the future of Bitcoin. He believes that the cryptocurrency has the potential to reach $250,000, which is more than four times its current price of $62,000. Horsley is highly optimistic about Bitcoin’s bullish outlook and foresees that it could rival gold in
Gaming enthusiasts around the world have long been immersed in the world of trading card games, with popular titles like Hearthstone and Magic: The Gathering dominating the scene. However, a new contender has entered the arena – Parallel. This NFT trading card game sets itself apart from the competition with its unique gameplay elements and
Ripple recently announced a partnership with the Axelar Foundation to enhance interoperability within the XRP Ledger (XRPL) blockchain. The collaboration aims to focus on advancing the tokenization of real-world assets (RWAs) while strengthening the DeFi ecosystem on layer 1. By integrating the Axelar network with the XRPL, developers will have access to the platform’s native
The recent surge in the price of Bitcoin, with it surpassing $61,000 for the first time since November 2021, has reignited the interest of risk-seeking crypto investors in altcoins. Altcoin markets are also experiencing a pump, as investors look for the next big meme coin to buy. The rally of Bitcoin has been driven by
Senator Elizabeth Warren has made it clear that she is open to engaging with the crypto industry, but only under the condition that regulatory standards are upheld. She expressed her willingness to collaborate with the industry, as long as players in the space are willing to adhere to regulations similar to those that govern traditional
Bitcoin (BTC) has surged by 5% in the past day, bringing it closer to the highly sought-after $60,000 mark. This rapid increase in price is attributed to a surge in investor interest, reaching levels not seen since the 2021 boom in the cryptocurrency market. The demand for spot bitcoin exchange-traded funds (ETFs) has also played
The Chamber of Digital Commerce recently filed an amicus curiae defending crypto exchange Kraken in the lawsuit initiated by the US SEC. In their court filings, the Chamber explained that the purpose of the amicus brief is to put an end to the SEC’s attempted regulation of the digital asset industry through enforcement without legislative
The realm of traditional art is being reshaped by the digital world, with online platforms like Robinhood teaming up with Notable.art to introduce the work of prominent artist Hunt Slonem to a broader audience through Non-Fungible Tokens (NFTs). This innovative partnership aims to merge art and technology, offering users a unique opportunity to own digital
Cardano (ADA) could be gearing up for a bull run in the coming weeks, based on on-chain data and adoption growth. The creation of new wallets on the Cardano blockchain has experienced significant spikes since the beginning of February, suggesting a potential influx of new funds into the Cardano ecosystem. According to on-chain data, the
In recent times, the price of Bitcoin has shown a remarkable surge, reaching levels above $56,000. This significant milestone has left many in the cryptocurrency community excited and hopeful for even greater heights. Predictions are now circulating, suggesting that Bitcoin could push even further to reach new all-time highs. Renowned figures in the industry, such
The recent rally in the crypto market has seen Pepe Coin (PEPE) gaining significant traction, with prices surging close to 50% in the past 24 hours. This momentum is a clear indicator of bullish sentiment surrounding PEPE, as it looks poised to return to its previous highs from June 2023. With the potential for near-term
The Bitcoin Fear & Greed Index has recently surged to its highest level in almost three years, reaching Extreme Greed at a rapid pace. This index serves as a tool to measure investor sentiment and their outlook on the market. It helps to determine whether investors are injecting funds into the market or pulling them
The latest development in the world of cryptocurrency sees the Justin Sun-related crypto exchange HTX, previously known as Huobi, resubmitting its application for a Virtual Asset Trading Platform (VATP) license in Hong Kong. This move comes after the exchange had initially withdrawn its application, filed through its Hong Kong subsidiary Huobi HK, on February 23.