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Blockchain Gaming Industry to Exceed Over $600 Billion in Value by 2030
11.12.2023
The blockchain gaming industry is expected to surpass over $600 billion in value by 2030, according to a new report released Monday. Blockchain gaming is booming The report, published by Fortune Business Insights, defines blockchain gaming as any video game “with features utilizing...
Enjin Completes Migration of Over 200 Million NFTs from Ethereum to Enjin Blockchain
11.12.2023
Source: Pixabay Enjin has completed the largest NFT migration in history, transferring 200 million NFTs to its Enjin Blockchain. In a press release published on Monday, Enjin highlighted the migration of more than 118 million NFTs from Ethereum and an additional 101 million NFTs from the Ethereum...
Decrypt and Rug Radio Announce Merger, Will Create Global Web3 Publishing Company
11.12.2023
Source: PixabayCrypto news site Decrypt and decentralized media project Rug Radio will merge operations next year, with the goal of creating a global Web3 publishing company. In a joint press release on Monday, the companies announced that the merger would result in the creation of [REDACTED],...
Ethereum Technical Analysis: ETH Exhibits Mixed Signals; Resilience Amidst Bearish Trends
11.12.2023
As of December 11, 2023, ethereum exhibits a blend of neutral and bearish trends. Mirroring bitcoin’s trajectory, ether experienced a pronounced decline during the transition from Sunday’s late-night trading into Monday. Ethereum Today, ethereum’s (ETH) value hovers at $2,239...
Bitcoin Technical Analysis: Bears Take the Reins Clawing BTC’s Price Back
11.12.2023
On Monday, the valuation of bitcoin experienced a 3.3% decline within the past day, falling beneath the $42K threshold. Currently positioned at $42,224, bitcoin’s valuation is undergoing a marked shift in the cryptocurrency landscape on Dec. 11, 2023, just two days prior to the forthcoming...
Market Dip Indicates Deleveraging Rather than Fundamental News: Crypto Analyst
11.12.2023
Source: Adobe Bitcoin’s brief but sharp tumble toward $40,000, accompanied by a broader selloff in the crypto market, signals a potential deleveraging phenomenon rather than a fundamental news catalyst. On Monday, the largest cryptocurrency plunged as much as 7.5% to $40,521 before...
Bitcoin Price Prediction: BTC Dips to $42,000, Ocean Pool Blacklist Stirs Debate, Snowden Critiques Warren
11.12.2023
Bitcoin is currently experiencing a noticeable downturn, trading at $41,875 with a significant decline of approximately 4.50% as of Monday. This market shift coincides with a contentious development in the crypto sphere: the Transaction Blacklist of Ocean Pool, which has sparked widespread debate...
Bitcoin’s Recent Rally Underscores the “Low Correlation” of Crypto with Traditional Assets: Expert
6.12.2023
Source: Adobe Bitcoin (BTC) has displayed resilience by surging to a more than 19-month high, even as global markets experienced a downturn. The cryptocurrency climbed 5.8% to reach $42,000 on Monday and maintained its position just below that level in morning Asian trading on Tuesday. ...
Ethereum-based Tokenization Attracts Traditional Finance Giants
5.12.2023
As institutions regain interest in both Bitcoin (BTC) and Ethereum (ETH) as investment assets, they’re also exploring how the blockchain can redefine how finance is done using traditional assets. French financial giant Societe Generale (GLE), aka SocGen, announced on Monday that it completed a...
Web3 Firm Thirdweb Finds Major Vulnerability In Smart Contracts
5.12.2023
Source: Pixabay Web3 developer Thirdweb has disclosed a security vulnerability that has the potential to affect a range of smart contracts within the Web3 ecosystem. In an X post on Monday, the firm notified its followers that it had found a vulnerability in a commonly used open-source library that...
SEC Pushes for Judge to Classify Crypto as Securities in Terraform Labs Case, Bypassing Jury
5.12.2023
The SEC pushes for a judge to determine if crypto assets qualify as securities in its court case against Terraform Labs. Image by dennizn, Adobe Stock. The Securities and Exchange Commission (SEC) urged a judge on Monday to decide whether certain cryptocurrencies qualify as securities in...
IRS Reports Increase in Digital Asset Tax Investigations
5.12.2023
The Criminal Investigation Unit of the Internal Revenue Service (IRS:CI) noted an increase in digital asset tax investigations due to cryptocurrencies becoming more mainstream, according to the IRS:CI’s annual report released Monday. What the findings show The report states these digital asset...
Societe Generale Issues First Digital Green Bond as Security Token on Ethereum Blockchain
5.12.2023
Source: iStock/AdrianHancu Societe Generale, the third-largest bank in France, has marked a significant milestone by issuing its inaugural digital green bond on the Ethereum public blockchain. Societe Generale announced Monday that it issued its first green bond on the Ethereum blockchain....
Swiss Crypto firm Valour to Introduce 20 New Crypto ETPs in 2024
5.12.2023
Source: Pixabay Valour, a subsidiary of DeFi Technologies, has revealed plans to introduce 20 new crypto exchange-traded products (ETPs). Announced Monday, the planned offerings include collaborations with foundations like the recent ICP ETP, thematic baskets, short and long-leverage products....
Digital Asset Exchange DigiFT Secures CMS and RMO License from Singapore Monetary Authority
5.12.2023
Image Source: iStock/MasterLu DigiFT, a decentralized exchange for digital assets, has obtained a capital markets services (CMS) license from the Monetary Authority of Singapore (MAS). The license allows DigiFT to engage in capital markets activities, including dealing in securities and units...
Top Crypto Gainers Today on DEXTools – 10000X, BabyGrok, SaFLok
5.12.2023
DEXTools Logo / Source: DEXTools X Account Blue-chip cryptocurrency markets are pumping on Monday led by Bitcoin (BTC), which just surpassed $42,000 for the first time since April 2022, taking its four-day run of gains to move than 10%. A cocktail of bullish catalysts are being cited as supporting...
Billionaire Michael Saylor Explains Why Bitcoin Will Be the ‘Apex Commodity’ in New Keynote – Here’s What You Need to Know
4.12.2023
Michael Saylor. Source: a video screenshot, Natalie Brunell / YouTube MicroStrategy’s executive chairman Michael Saylor believes that Bitcoin (BTC) can still be 1000x from its current price of $41,500 – if given enough time. In a keynote published to X on Monday, the billionaire explained how...
El Salvador’s Bitcoin Strategy Pays Off with $3.6 Million Profit – Will President Nayib Bukele Sell BTC Holdings?
4.12.2023
El Salvador Flag With BTC Tokens / Source: Adobe The Bitcoin (BTC) price, which briefly surpassed $42,000 on Monday for the first time since April 2022, has risen back above El Salvador’s average purchase price, putting the emerging Central American nation’s crypto bet back in the green....
Wall Street Memes’s $WSM Token Could Skyrocket in 2024 After Explosive Casino Growth & 100K Daily Buy Back Launch – Here’s Why
4.12.2023
Monday, December 4, 2023 – Wall Street Memes ($WSM) continues to cement its status as one of the biggest memecoins of 2023, as huge ecosystem growth fuelled by the success of new crypto-based Wall Street Memes Casino leaves $WSM poised for a strong performance in 2024. Indeed, Wall Street...
Coinbase, Microstrategy Shares Surge as Bitcoin Resumes Rally
4.12.2023
Image Source: Adobe Shares of public crypto companies listed in the US experienced a surge on Monday as Bitcoin (BTC) surpassed $42,000, reaching a new high for the year. Popular crypto exchange Coinbase saw a 7.3% surge before the market opened. Despite reporting a decline in third-quarter...