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Tokenized Asset Coalition Expects Tokenization to Grow in 2024
20.1.2024
The Tokenized Asset Coalition (TAC), a membership organization that promotes the institutional adoption of tokenization practices to bring real-world assets to the blockchain, has published its State of Tokenization report. The document explains that 2023 saw the birth of a tokenized risk curve...
Circle CEO Jeremy Allaire at Davos Tokenization Panel: ‘It’s Coming on in a Significant Way’
19.1.2024
Jeremy Allaire, CEO of Circle, the stablecoin company, stated that tokenization adoption will keep growing after the spot Bitcoin ETF approval and the endorsement of Blackrock. He believes that financial companies might be issuing tokenized versions of their assets this year and criticized...
BlackRock’s New Bitcoin ETF Secures 25K BTC Holdings – Is Institutional FOMO Underway?
18.1.2024
BlackRock’s Bitcoin ETF launch has attracted both crypto experts and traditional investors, securing major holdings in its first week. Image by Luisa, Adobe Stock. BlackRock’s new spot Bitcoin ETF IBIT has attracted considerable interest from both retail and institutional investors...
Crypto Exchange OKX Upgrades McLaren Branding to Widen Reach
18.1.2024
Digital asset exchange, OKX has increased its level of partnership with McLaren’s Formula 1 team citing more adoption and visibility. In a recent post on its website, the company announced the updated agreement of its partnership with McLaren F1 2024 branding with the desire to gain more...
How New Solana (SOL) Saga Phone Boosts $7m Web3 iGaming Platform Meme Kombat at Cheap Price of $0.279
17.1.2024
Wednesday, January 17th, 2023 – The forthcoming launch of a new Solana Saga phone is music to the ears of Web3 iGaming projects like Meme Kombat, as crypto-first hardware arrives to drive adoption. Meme Kombat ($MK) is building a Web3 gaming platform like no other, where players can wager...
Analyst Advises Investors to Buy the Bitcoin Dip — Predicts ‘Asymmetric Upside Ahead’
17.1.2024
A senior analyst with global asset management firm Alliance Bernstein has recommended that investors buy the bitcoin dip and focus on “the new bitcoin adoption cycle.” His advice followed the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange...
Argentine Tenants Lead Crypto Adoption, Pay Rent in BTC Under Novel Contract – Pesos Out, Bitcoin In?
15.1.2024
Rosario Bitcoin contract marks major milestone in Argentina’s push for mainstream crypto adoption. Image by Kerem Goktug Kaya, DALL-E 3. Argentina’s third most populated city Rosario recently saw an unprecedented rental agreement that signifies a major milestone for crypto adoption...
Google Cloud Joins Flare Network as a Validator, FLR Surges 37%
15.1.2024
Courtesy: @FlareNetworks on X Google Cloud will serve as a validator for the Flare blockchain and contributor to the Flare Time Series Oracle (FTSO), the “blockchain for data” organization announced Monday. Google Cloud to serve a dual role “Data access at scale is important...
2024 Crypto Trends: Rollups, Corporate Adoption, and Bitcoin-Centric Solutions
15.1.2024
Source: Adobe / Bussarin The crypto industry is anticipating a positive shift in 2024, with several key trends shaping the landscape. After a prolonged crypto winter, increased institutional demand and growing Bitcoin adoption are expected to drive innovation. Notable trends to watch include...
Tokenized Fund Adoption Grows but Brings Technology Risks: Moody's
15.1.2024
Entities providing tokenization tech have a limited track record and may contribute to increased risk, a new report by analysts at the credit-rating agency says
$SCORP Presale Blazes Toward $3 Million Milestone as Passive Income and Deflation Drives Adoption
13.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The presale of $SCORP tokens by Scorpion Casino has been very successful, raising an impressive $2.8 million. This amount represents over 93% of the total goal of $3 million. The presale is gaining...
Venezuela’s Petro Cryptocurrency to Cease Operations on Jan 15
13.1.2024
Source: RawBeautyPixels/Adobe Venezuela’s national cryptocurrency, the Petro (PTR), is set to cease operations on January 15. The Petro, introduced in 2018 with the goal of helping the country evade United States sanctions, failed to gain widespread adoption throughout its existence....
Navigating Spot Bitcoin ETFs in the US: What You Need To Know
12.1.2024
In 2013 an entity affiliated with the Winklevoss twins sent the first application to The United States Securities and Exchange Commission (SEC) to create a spot Bitcoin (BTC) exchange-traded fund (ETF). The SEC officially approved spot Bitcoin ETFs on Jan. 10 this year. It has taken over 10 years...
Worldcoin Hits New Record in Argentina, Adoption in India Still High
12.1.2024
Source: Worldcoin Worldcoin has hit a new record in Argentina and released an update to the verification process. A spokesperson talked with Cryptonews about plans in 2024, Worldcoin surpassing the 5M-accounts milestone, the successful Shopify integration, and continued World App adoption in India...
Cryptocurrency and Taxes: A Guide for the 2023-2024 US Tax Season
11.1.2024
Source: AdobeStock / Nuthawut If one thing in life is certain, it’s that we all have to pay taxes. Therefore, it’s important for cryptocurrency holders and investors to understand everything involved when it comes to crypto and taxes. This is becoming even more critical as digital assets gain...
Tunisian Universities’ Hackathons to Boost Understanding of Distributed Ledger Technology
9.1.2024
Two Tunisian universities working in collaboration with the blockchain company Dar Blockchain and the Hashgraph Association are set to hold three-day hackathons. Hackathon participants are set to learn how decentralized finance (defi) can help revolutionize and make financial services widely...
Cryptocurrency Institutional Funds Record $151 Million Inflows in First Week of 2024
8.1.2024
Source: Adobe / Luisa Digital assets investment funds recorded $151 million in inflows in the first week of 2024 as institutional investors drive adoption following anticipation of a spot Bitcoin (BTC) ETF approval by the Securities and Exchange Commission (SEC). A new CoinShares Digital Asset Fund...
Avalanche (AVAX) Holds On to 20% December Gain Despite Recent Market Decline
8.1.2024
Avalanche (AVAX) surged in Q4 2023 recording huge gains on institutional inflow and adoption revolving in tokenization drive and wider partnerships. This year, the token has plunged 18% alongside the wider market as top assets including Bitcoin (BTC) and Ethereum (ETH) experienced market...
Bitcoin Adoption Soars: In-Person Vendors Accepting Bitcoin Triple in 2023
8.1.2024
Source: DALL·E The landscape of cryptocurrency usage is rapidly changing, with over 6,000 in-person vendors across the globe now accepting Bitcoin. According to BTC Map, the up-to-date number of merchants accepting Bitcoin holds steadily above 6,000, currently at 6,332 as of Jan. 8. In the past...
DeSantis Vows to Abolish IRS, Advocates Flat Tax in Presidential Bid Amidst Stiff GOP Competition
7.1.2024
On Jan. 4, 2024, Florida Governor and presidential candidate Ron DeSantis articulated his desire to abolish the U.S. Internal Revenue Service (IRS). He advocated for the adoption of a uniform rate flat tax for all U.S. residents. DeSantis declared to CNN’s Kaitlan Collins on Thursday...