The recent approval of the Bitcoin ETF on January 11 has generated significant buzz in the cryptocurrency media. However, despite initial signs of bullish activity, the market response was not as enthusiastic, with BTC trading down 8% in the immediate aftermath of the news. Yet, the short-term market movements were never the primary purpose of
Darewise Entertainment, a subsidiary of Animoca Brands, has recently announced its collaboration with Honda to co-develop Web3 automotive gameplay in the highly anticipated AAA science fiction game, “Life Beyond.” This exciting partnership aims to bring together the expertise of both companies to create innovative gameplay elements and assets that will enhance the gaming experience for
Popular cryptocurrency YouTuber Ben Armstrong recently shared his bullish prediction for the price of Cardano (ADA). While discussing this prediction, Armstrong referred to a previous price analysis made by crypto analyst Ali Martinez. In this article, we will delve into these predictions and explore the factors driving this bullish sentiment. Ben Armstrong stated in a
Senator Elizabeth Warren recently found herself in the midst of significant backlash from the crypto community after making disparaging remarks about the industry. In a post on X (formerly Twitter) on January 21, Sen. Warren referred to a report from the U.S. Government Accountability Office (GAO) that alleged “rogue nations” were using cryptocurrency to evade
Cryptocurrency analyst and enthusiast, Chris J Terry, shares his insights on the price action of Bitcoin, predicting a continuous decline in the price of the crypto asset. Taking to the social media platform X (formerly Twitter), Terry anticipates a possible “continuation of a flat or declining trend” for Bitcoin. However, he believes that this downtrend
Bitcoin exchange-traded funds (ETFs) have made a powerful entrance into the market, accumulating a significant amount of bitcoins in just six days of trading. As volumes increased, the assets under management (AUM) soared to over $3.96 billion. This article explores the impressive growth of these ETFs and provides an analysis of the top players in
The perception and use of digital assets, particularly Bitcoin, stablecoins, and Central Bank Digital Currencies (CBDCs), are undergoing a paradigm shift that may have far-reaching implications for the global dominance of the U.S. dollar. In a recent publication, Andrew Peel, the Head of Digital Assets at Morgan Stanley, warns that this shift could challenge the
The digital asset economy has experienced significant setbacks in the past year. It has been plagued by increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud. Even the world’s second-largest stablecoin, USDC, has not been immune to these forces. The total circulating supply of USDC has declined from approximately $45 billion to about
The price of Bitcoin has faced challenges in recent times, unable to fully capitalize on its previous gains. CoinGecko’s data indicates a 3% decline in the past week, casting doubts on the continuation of the bull run. However, an interesting on-chain revelation offers hope for potential recovery in the coming weeks. Rise in Bitcoin Whales
In the world of cryptocurrencies, Bitcoin ($BTC) has held the throne for years as the most powerful and valuable digital asset. However, a new contender has emerged in the form of Mollars ($MOLLARS), which is currently in its 3rd round of the token presale stage. Investors are flocking to this alternative token at an unprecedented
The U.S. Securities and Exchange Commission (SEC) is seeking input and comments on proposed rule changes that could potentially allow options trading on Bitcoin exchange-traded funds (ETFs). This move could have significant implications for investors and the cryptocurrency market as a whole. The SEC has opened comments on two separate proposals related to options trading
Metamask, a popular Ethereum wallet, recently introduced Validator Staking support on its platform. This feature allows users to stake their tokens and participate in the Ethereum network by becoming validators. However, there are both advantages and disadvantages to consider before diving into the world of staking with Metamask. One of the major benefits of staking
Cryptocurrency analyst and enthusiast, Rekt Capital, has recently shared his projections on the potential directions for Bitcoin’s price in light of the upcoming fourth BTC Halving. In his YouTube predictions video, Rekt Capital discusses the “next possible steps” for BTC, specifically focusing on a breakout from its macro downtrend. Drawing a comparison to past trends,
The industrial metaverse is revolutionizing various industries, including car manufacturing. With a projected growth rate of 25.3% from 2023 to 2033, the Industrial Metaverse Market is forecasted to reach a staggering US$ 765.8 billion by 2033. This technology, which combines virtual reality (VR), augmented reality (AR), and mixed reality (MR), has the potential to accelerate