Former Chinese Vice Minister Zhu Guangyao emphasized the need to study crypto’s role in the digital economy despite acknowledging its risks, including market instability and its association with money laundering. He highlighted shifting global crypto policies, particularly in…
Alessio Rastani emphasizes the importance of understanding market fundamentals, technical analysis, and risk management. Rastani predicts a potential long-term recession, impacting Bitcoin and the stock market, if current rallies fail. Few personalities in the fast-paced world of finance…
Cypher Capital invests in SecondLive’s $12 million round, enhancing AI-driven virtual environments for the Metaverse. SecondLive supports major public chains and has amassed over 5 million users and 1.81 million digital assets. On September 30, 2024, Dubai’s Cypher…
Bitcoin and BTC ETF News
IOTA founder Dominik Schiener emphasized the foundation’s focus on long-term real-world applications of blockchain, particularly in tokenizing real-world assets (RWAs). Schiener discussed the ongoing development of IOTA 2.0, including the shift from a centralized Coordinator to a “proof…
Stacks Core Developers successfully completed the Nakamoto Testnet hard fork, enhancing transaction speed. Developers are fixing bugs in node communication and preparing for the mainnet upgrade. The Stacks Foundation has revealed some great news: Core Developers successfully completed…
Visa, the largest payment platform, has launched its Tokenized Asset Platform (VTAP) to help banks issue fiat-backed tokens on the Ethereum network. Visa’s interest in blockchain is not limited to Ethereum; the company has been exploring blockchain applications…
Flare Networks has announced plans to build a trustless two-way bridge between Ethereum and Flare, with a government proposal as to whether it will be implemented. The bridge will be a means for Ethereum-based applications to access the…
Fidelity Digital Assets has reviewed and validated the stock-to-flow model that predicts Bitcoin’s price at $1,000,000. Fidelity expects Bitcoin to outperform Gold after 2024 because of the stock-to-flow ratio. Asset management firm, Fidelity Digital Assets, has recently published…
The research company Messari claims that YFI is still one of the cheapest tokens in Ethereum’s decentralized finance sector, despite the price of $13,564. Yearn.finance is approximately returning $20 million annualized for YFI holders. Designed to be a…
According to the assessment of technical chart analysts, the Chainlink price is facing a further downtrend, with the $13 region providing an extremely important support. LINK’s transaction volume indicates that there is still a lot of interest in…
Emurgo has entered into a partnership with the Canadian payment processor Bidali. Cardano (ADA) holders can purchase Bidali’s gift cards using the cryptocurrency, and then shop at over 1,200 retail brands including Amazon, Nike and Starbucks. Emurgo, which…
Ripple Labs has applied for three new trademarks at the US Patent and Trademark Office. The company is apparently planning to introduce a new electronic payment solution called Ripplex, as well as the creation of a new division…
Open interest in Bitcoin Futures is at an all-time high of around $5 billion. Analysts therefore expect the Bitcoin price to become increasingly volatile in the short term, but an upward trend in the long run. Bitcoin continues…
On October 17th, Monero will implement the next major network upgrade that will reduce transaction size by 25% and improve verification performance by 10%. Australian crypto exchanges need to remove Monero, Zcash, Bytecoin and other privacy coins due…
CEO of Three Arrow Capital, Su Zhu, has explained why Ethereum has become an “unforkable network” but also criticized its “opaque” governance. Meanwhile, Ethereum inventor Vitalik Buterin stated that he continues to support the vision of Ethereum as…
Bitcoin maximalist Adam Back has attacked Cardano inventor Charles Hoskinson once again and has called out ADA a shitcoin. According to Back, Hoskinson is still better than Ethereum inventor Vitalik Buterin and TRON CEO Justin Sun, who are…