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Bitwise Analysis: AI and Crypto Fusion Poised to Elevate Global Economy by $20 Trillion
12.6.2024
Bitwise’s Senior Crypto Research Analyst, Juan Leon, predicts a transformative impact on the global economy as artificial intelligence (AI) and cryptocurrency converge, potentially adding $20 trillion to the global Gross Domestic Product (GDP) by 2030. AI and Crypto —...
BlockDAG’s stellar growth: 1120% jump as BNB gains and TRON wanes
11.6.2024
While BNB strengthens its position with substantial gains, TRON is facing downturns, raising concerns among its investors. Amid these shifts, BlockDAG shines with a remarkable 1120% increase in its presale value, currently priced at $0.0122. This impressive growth is fueled by the successful launch...
Gold Production Struggles Despite 2024 Q1 Surge
11.6.2024
The gold mining industry struggles to sustain production growth due to declining new deposits, reports the World Gold Council (WGC). Despite a 4% increase in first-quarter production in 2024, overall growth has plateaued since 2016. In 2023, mine production rose by only 0.5%, following 1.35%...
Australia needs blockchain ‘more than ever’ to flip productivity freeze
11.6.2024
Australian Parliament Member Andrew Charlton said he believes blockchain technology could add $60 billion to the economy
Arbitrum DAO invests $222 million in gaming ecosystem growth
10.6.2024
The Arbitrum Decentralized Autonomous Organization (DAO) has recently increased its stake in the Ethereum layer-2 gaming sector through a large investment. The DAO has agreed to invest 225 million ARB tokens, or approximately $222 million, in the development of the gaming industry over the next...
Bitcoin vs. Buffett: BTC holders' 104% CAGR dwarfs 'steady growth' portfolio
10.6.2024
Since its trading debut in 2011, Bitcoin has delivered an impressive average annual return of approximately 104%, surpassing the returns of Warren Buffett’s portfolio and U.S. stock markets
$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total
9.6.2024
Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the fourth largest U.S. dollar-pegged coin, experienced a 46.1% increase in its supply. Stablecoin Market Swelled Last Season;...
Intel and AfDB to train millions of Africans in AI
9.6.2024
The initiative aims to equip many Africans with Fourth Industrial Revolution (4IR) skills, including skills in advanced technologies like artificial intelligence, robotics, and data science
VanEck revises ETH growth projection to $22,000
6.6.2024
VanEck, a fund management firm, has raised its speculation for ETH’s value to $22,000. This is largely correlated to the approval of the Spot Ether ETF. Meaning, Ethereum could see a dip if the US Securities and Exchange Commission decides not to give the final nod of approval to S-1 registration...
Bitcoin halving impacts miner Riot’s revenue by 43% despite new facility
5.6.2024
To keep up with the declining Bitcoin rewards, Riot Platforms opened a new mining facility near Corsicana, Texas
VeChain’s thriving May: Major developments and community growth
4.6.2024
May has been a significant month for VeChain, as the platform has accomplished significant milestones, garnered a significant amount of attention from supporters, and made positive strides in various industries. Among these progressions, integrating Near Field Communication (NFC) technology into...
Meme coin market growth slows down – New P2E project presale hits over $1,400,000
3.6.2024
The meme coin trading frenzy that gripped crypto markets for months has taken a breather in recent weeks. Data from CoinMarketCap reveals overall meme coin trading volumes plunged from a $8 billion down to just $5.3 billion in under 3 days as the hype cooled off. However, one presale in particular...
Global Crypto Ownership Reaches 562 Million: 6.8% of World Population Now Own and Use Digital Currencies
1.6.2024
A new report reveals that 562 million people globally now own digital currencies, an increase from 420 million in 2023, making up 6.8% of the world’s population. Asia is at the forefront of this growth, with North America close behind. Overall, cryptocurrency adoption is rising worldwide...
BlockDAG dominates globally as 30,000x ROI predictions gain steam amid Solana-Litecoin rivalry & Tron’s growth
30.5.2024
Solana is under consideration for a spot exchange-traded fund (ETF) in the U.S., sparking debates about how it compares to Litecoin. Meanwhile, TRON has surpassed Ethereum (ETH) in transaction fees. BlockDAG is celebrating its global presence with major events in Tokyo’s Shibuya Crossing,...
Crypto market to hit $200T within 10 years — Animoca co-founder
29.5.2024
Animoca's Yat Siu believes Asia is the fastest-growing Web3 market, while jurisdictions like the U.S. are lagging behind
El Salvador and Cathie Wood talk about Bitcoin-powered economic growth
29.5.2024
El Salvador’s President, Nayib Bukele, has joined hands with Cathie Wood, the Chief Executive Officer of Ark Invest. The idea is to explore the potential unique qualities of Bitcoin and blockchain technology to boost the country’s economy. The impact of their collaborative efforts is expected...
Ethereum ETFs to be Web3 growth ‘call option’ — Crypto analyst
29.5.2024
Ether has a “much larger addressable market” than Bitcoin as it could be considered a bet on the entire Web3 industry, claims a crypto analyst
ChatGPT-coded memecoin reaches $638M market cap
28.5.2024
The Turbo memecoin surged by over 2,000% in the last three months, sending its market capitalization above $600 million
Bernstein Predicts Crypto Arms Race Among Asset Managers
27.5.2024
Global investment management and research firm Bernstein states that cryptocurrency is evolving into a substantial business opportunity for asset managers. With the recent decrease in the popularity of ESG (Environmental, Social, and Governance) funds, Bernstein notes that attention is expected...
TON Blockchain hits $300 million TVL, signaling explosive growth
27.5.2024
The TON (The Open Network) Blockchain has reached a significant milestone, with its total value locked (TVL) surpassing $300 million. This achievement highlights the growing adoption and trust in the TON ecosystem, which has gained momentum in the competitive Blockchain landscape. The...