In a telling move for the world of cryptocurrencies, Hunter Horsley, the CEO of Bitwise Asset Management, has shared that a prominent Spanish bank has integrated a noteworthy 2% of its holdings into the Bitwise Aptos staking Exchange-Traded Product (ETP). This development is significant as it indicates a rising trend of traditional financial institutions beginning
admin
Congressman French Hill has recently taken the helm of the House Financial Services Committee, marking a pivotal moment in the regulatory landscape for digital assets. With the burgeoning cryptocurrency industry now valued at over $1 trillion, Hill’s leadership promises to address long-standing regulatory confusion that has hampered innovation and growth in this sphere. In a
Chainlink (LINK) has made headlines by crossing the $29 threshold for the first time in more than three years. This milestone illustrates a robust recovery for the decentralized oracle network’s native token, which has experienced a remarkable 21% price increase over the last week alone. Such gains have positioned LINK among the top-performing altcoins, capturing
In an age where technology continually shapes how we engage with digital platforms, Meta is pushing boundaries with its innovative AI model, Meta Motivo. This technology aims to enhance the interactions within the Metaverse, making virtual characters not just representations but entities that exude lifelike qualities. By marrying sophisticated algorithms with creative design, Meta Motivo
GateToken, the cryptocurrency linked to the Gate.io exchange, has recently experienced a remarkable rally, peaking at an impressive $13.79 before settling slightly lower at $13.29. This surge has unfolded against a backdrop of swirling rumors regarding a purported security breach attributed to the exchange. Notably, this spike demonstrates the token’s volatility and the complex relationships
In a notable stride towards bolstering the Ethereum ecosystem, the Eigen Foundation has resolved to allocate 1% of its EIGEN token supply to the Protocol Guild. This initiative embodies the collective’s ongoing mission to enhance the research and development (R&D) landscape of Ethereum Layer 1. The Protocol Guild, a consortium comprising over 180 members from
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently demonstrated a significant recovery of 4.7% within just 24 hours, marking the reclaiming of a critical support zone. This sudden upturn has sparked optimism among investors and analysts, who speculate that ETH could potentially breach key resistance levels in the near future. Just a week
In recent weeks, Italy has found itself at a crossroads regarding its taxation policy on cryptocurrencies. The government’s initial decision to increase the tax rate on crypto capital gains from 26% to a staggering 42% ignited significant backlash from both industry insiders and various political members. As the debate unfolded, it became clear that navigating
The advent of Web3 technologies is reshaping the digital landscape, enticing users worldwide with the promise of decentralization, ownership, and digital innovation. The recently published ConsenSys Web3 Survey provides a deeper insight into global attitudes towards these technologies, including NFTs, cryptocurrencies, and blockchain. Conducted by ConsenSys in collaboration with YouGov, this extensive survey collected opinions
In the fast-evolving landscape of cryptocurrency, Ethereum has recently solidified its position as the preferred blockchain for Tether’s USDT issuance, outstripping Tron. This seismic shift, underscored by Tether minting an astonishing $20 billion in USDT within a month, represents not just a numerical milestone but also a transformation in the stablecoin arena. Token Terminal’s analytics
In a remarkable display of dominance, Binance has solidified its status as the world’s preeminent cryptocurrency exchange, reporting staggering customer deposits that reached an impressive $21.6 billion in 2024. This landmark figure not only showcases Binance’s supremacy but also highlights the considerable gap between it and its nearest competitors. According to a recent report by
In a significant regulatory move, the Australian Securities and Investments Commission (ASIC) imposed a hefty $5 million fine on Bit Trade, the parent company of the Kraken exchange, for unlawful conduct regarding credit facilities. Announced on December 12, the penalty arose from a pivotal court ruling that deemed Bit Trade had violated essential financial regulations.
Ethereum, one of the leading cryptocurrencies, is currently trapped within a tight price band of $3,500 to $4,000. Recently, the asset found a measure of support near the lower end of this range, hinting at the resilience of buyers in this volatile market. Following this support, Ethereum’s price has begun to climb anew, with bulls
In a notable development within the realm of Telegram-based gaming, Hamster Kombat has launched its decentralized autonomous organization (DAO) functionality. This strategic pivot comes in the wake of community dissatisfaction and aims to empower HMSTR token holders by introducing a more transparent governance model. The promise of a community-driven framework attempts to facilitate a connection