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Fantom eyes to kickstart Q4 on Q3’s high note
31.10.2023
Fantom has registered good figures in the third quarter of 2023, setting a nice tune for the concluding quarter of the same year. For instance, there has been an increase of 106% on a quarter-to-quarter basis for average daily new addresses. Similarly, average daily active addresses have gone up...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Below $35,000 Ahead of US Consumer Confidence Report
31.10.2023
Bitcoin continued to trade under the $35,000 level on Tuesday, as markets prepared for the upcoming U.S. consumer confidence report. It is expected that the confidence index will come in at a reading of 100 in October, down from 103 the month prior. Ethereum remains above $1,800. Bitcoin Bitcoin...
Ripple Labs and Hong Kong’s Fubon Bank Team to Offer Property Equity Access to Locals
31.10.2023
Ripple Labs is working on a pilot program with Hong Kong’s Fubon Bank to offer property equity access to residents. The developer of the XRP cryptocurrency revealed that the collaboration is a part of the e-HKD pilot project. Ripple and Fubon Bank were selected to demonstrate a use case...
Crypto bull market ahead: BTCS and ETH opportunities await
31.10.2023
Investors have questioned the future of digital assets recently due to turbulent changes in the cryptocurrency market. But as institutional interest grows and mainstream adoption continues, we could be on the edge of another price blast. All eyes are on Bitcoin Spark (BTCS) and Ethereum (ETH) as...
Nigerian Fintech Startup Vella Finance Drops Crypto-Related Services
31.10.2023
The Nigerian fintech Vella Finance recently informed users and subscribers that it would stop offering crypto related services starting on Oct. 30. According to co-founder Tolu Adedayo, offering crypto and banking services at the same time is not feasible, hence the decision to drop the former....
Cardano’s Q3’23 performance report goes public
31.10.2023
The numbers for Cardano for the third quarter of 2023 are pretty interesting and worth noting. Its active wallet addresses on a daily average have gone down to 41,137 in comparison to the previous quarter. The change is rather steep when looked at from the perspective of YTD. The ADA price has come...
Web3 wallet Backpack to launch VASP-licensed crypto exchange in Dubai
31.10.2023
The Backpack exchange has bagged operational licenses across several jurisdictions worldwide over the past five months, according to the company announcement
Coinshares Report Shows Rising Optimism in Digital Assets Drives Strongest Inflows Since July 2022
31.10.2023
While closing out October, the digital asset market has witnessed a significant rush in optimism, culminating in $326 million in fund inflows, marking the largest single-week gain in one and a half years, according to Coinshares latest digital asset fund flows report. Digital Asset Market Soars...
Web3 Wallet Backpack Launches Registered Crypto Business in Dubai
31.10.2023
Backpack , an all-in-one Web3 wallet, has become the latest to receive a Virtual Asset Service Provider (VASP) license in Dubai. The approval will enable Backpack to launch a regulated cryptocurrency exchange service in the city. Per the company’s press release, Backpack Exchange is set...
On-chain staking for ATOM and EGLD on Crypto.com App
31.10.2023
Crypto.com recently announced adding EGLD and ATOM to its on-chain staking list. The announcement was made on the official X/Twitter account of Crypto.com. The exchange now allows users to stake ATOM and EGLD on its app. Thus, users can secure the MultiversX and Cosmos blockchains while earning...
Animoca Brands Acquires Decentralized Streaming Platform Azarus
31.10.2023
Animoca Brands, a Web3 blockchain games company, has announced the acquisition of Azarus, a blockchain-powered, decentralized streaming platform. The move seeks to expand the reach of both companies and create a joint environment where creators, players, and streamers can benefit from their...
Web3 gaming investors more ‘choosy’ in crypto winter — Animoca’s Robby Yung
31.10.2023
Animoca Brands CEO Robby Yung says investors have been more discerning when allocating capital to Web3 gaming projects during crypto winter
Spot Bitcoin ETF Could Attract $3B on First Day and Up To $55B Over Five Years: Analysts
31.10.2023
Investors have been eagerly anticipating regulatory approval for a spot Bitcoin ETF, which is expected to trigger a fresh wave of institutional demand in the leading cryptocurrency. While estimating the potential cash inflow for such a fund remains a subject of debate among market players...
US Crypto Exchange Bittrex Receives Bankruptcy Nod to Cease its Operations
31.10.2023
A Delaware court judge approved the Chapter 11 plan of Seattle-based cryptocurrency exchange Bittrex on Monday to cease its operations. In April, the US Securities and Exchange Commission (SEC) charged Bittrex, its co-founder and former CEO William Shihara. Bittrex faced allegations of operating...
Bitcoin Price Prediction: November’s Peak After Uptober’s Rise?
31.10.2023
Bitcoin price trajectory has once again captured the attention of the financial world. Bitcoin price closing at $34,296 on Tuesday with a marginal decrease of less than0.10%, the cryptocurrency’s performance continues to intrigue both skeptics and proponents. The recently-coined term...
Bitcoin Holds Steady Above $34K After Hawkish BOJ Decision
31.10.2023
The BOJ's yield curve control program has been a major source of liquidity for financial markets since 2016. Early Tuesday, the bank tweak the curve control program in what appears to be a stealth hawkish move
Cardano vs. Ethereum: Which blockchain is the future of smart contracts?
31.10.2023
We often compare Cardano with Ethereum because both provide users with similar services, including smart contracts. Developers use Cardano and Ethereum for similar functions, including building programs or decentralized applications and running customized programming logic or smart contracts....
Japanese Government Sanctions Crypto Exchange Linked to Hamas
31.10.2023
The Japanese government has taken action to freeze the assets of nine Hamas operatives and a cryptocurrency trading company that were involved in financing the terrorist organization. This decision was reached during a cabinet meeting on the 31st October, Yonhap News reported. Governments Sanction...
Banking Giant Standard Chartered’s Crypto Custody Firm Zodia Launches in Hong Kong
31.10.2023
British banking giant Standard Chartered-owned crypto custody firm Zodia is launching services in Hong Kong. “The Hong Kong government and the regulators see digital assets as the future and also want Hong Kong to be a hub,” the crypto firm’s CEO emphasized. Zodia has already expanded into...
Robert Kiyosaki Shares Investment Allocation to Help You Survive ‘Greatest Crash in World History’
31.10.2023
Rich Dad Poor Dad author Robert Kiyosaki has recommended an investment allocation that he says may help you survive the greatest crash in world history. Noting that financial experts have promoted a 60/40 portfolio allocation of stocks and bonds, he stressed that people with this allocation will...