Recently, there has been a significant development in the cryptocurrency industry, with leading companies like Coinbase, Ripple, and Andreessen Horowitz (a16z) planning to send representatives to the Republican National Convention (RNC) and the Democratic National Convention (DNC). This move is part of their strategy to lobby for policies that are favorable to the industry. The
In a recent development in the world of cryptocurrency, a dormant Bitcoin wallet containing 1,000 BTC was activated after over a decade of inactivity. This wallet, which received the stash in 2012, saw its value surge by a whopping 500,000% during the period of dormancy. The sudden movement of funds from this long inactive wallet
Russia’s Ministry of Finance is considering new regulations that would allow traditional exchanges to facilitate digital asset trading for specific investors. This proposal marks a significant shift in the country’s approach to cryptocurrency and blockchain technology. The proposed regulations aim to establish special guidelines for organized trading in digital currency, treating it as a commodity.
In the fast-paced world of decentralized finance (DeFi), the Ethereum Layer 2 network Scroll has been making significant waves. Over the past seven days, Scroll has seen a remarkable 23% increase in Total Value Locked (TVL), reaching an impressive $1.03 billion, based on data from L2Beat. This surge has propelled Scroll to become the 8th
Crypto analyst Linda has recently made a bullish case for Ethereum (ETH), suggesting that the second-largest cryptocurrency by market cap could potentially rise to $4,000. She pointed out that the potential approval of Spot Ethereum ETFs could be a significant factor in triggering this price surge. Market Sentiment and Predictions Linda emphasized that the sentiment
Recently, the cryptocurrency market has experienced a significant uptrend, with an impressive $200 billion added to its total market capitalization. Bitcoin (BTC) and Ethereum (ETH) have seen remarkable price rises, with BTC reaching over $63,000 and ETH reclaiming the $3,300 mark. The meme coin sector has also witnessed substantial gains, with leading assets like Dogecoin
Blockchain technology has been making significant waves in the gaming industry, and the partnership between Akedo Games and the TON ecosystem is set to further revolutionize the space. With TON’s robust blockchain technology and Telegram’s massive user base, Akedo Games is at the forefront of pioneering new gameplay in a decentralized gaming world. The TON
Ubisoft is taking a significant step into the world of Web3 gaming with the launch of the highly-anticipated Champions Tactics free mint event. This groundbreaking game combines strategic gameplay with blockchain technology, offering players a unique and innovative gaming experience. The Champions Tactics free mint event unfolds in a two-phase process, allowing players to mint
Despite recent bearish trends in the Bitcoin market, JP Morgan, an American multinational finance company, has maintained a bullish stance on the outlook for Bitcoin prices. The bank has even gone as far as announcing a timeline for the conclusion of ongoing BTC liquidations, predicting a subsequent rebound in the market. In a research report
The digital asset investment market saw a surge in inflows last week, totaling $1.44 billion, bringing the year-to-date total to an impressive $17.8 billion. Despite the influx of capital, trading volumes remained relatively low at $8.9 billion, well below the average of $21 billion. Bitcoin was the standout performer, attracting $1.35 billion in inflows, while
The financial world is constantly evolving, with new technologies and partnerships reshaping the way we manage our money. One such groundbreaking collaboration is between Wirex and Visa, two giants in the digital payments industry. Wirex, known for its cutting-edge Web3 money app, has joined forces with Visa to further the development of digital currencies across
The Sandbox has recently introduced a new update that allows its users to complete direct LAND transactions through its website. This new feature makes it easier than ever for users to buy and sell virtual land within the platform. Previously, users had to navigate through third-party markets such as OpenSea to acquire land, but now
Bitcoin has surged back to the $63,000 level, marking a two-week high and suggesting a potential break in the previous downtrend. On-chain analytics platform CryptoQuant has attributed this move to “U.S. whales” increasing their institutional Bitcoin purchases. Analysts have noted a shift in the Coinbase premium gap, indicating a change in trend among U.S. investors
In a surprising move, South Korean lawmakers have put forth a bill to push back the implementation of the crypto gain tax until 2028. This decision comes amidst the current negative sentiments surrounding the crypto industry. The ruling political party cited the declining investment sentiment towards virtual assets as the primary reason for the extension.