Cryptocurrencies have undergone significant growth in recent months, resulting in a surge in demand for custodial accounts. This article will explore the reasons behind this increased interest in custodial solutions and analyze how investor behavior has shifted towards short-term utilization of such wallets. The hype surrounding the spot Bitcoin exchange-traded fund (ETF) has played a
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As the Lunar New Year approaches, anticipation is growing worldwide. The Year of the Wood Dragon is on the horizon, and people are eagerly preparing for the festivities and embracing the promise of new beginnings. This year, however, there is an added air of intrigue surrounding the MetaStones DAO and its enigmatic creation, the Dragon
Bitcoin has once again defied expectations as it surged past the $46,000 mark on February 9th, overcoming a significant resistance level at $44,000. This breakthrough comes after weeks of struggle, with the resistance hindering price increases ever since the introduction of spot Bitcoin ETFs in the United States about four weeks earlier. However, fueled by
Cardano (ADA) has experienced a notable increase in trading activity, with a surge of over 7% on Thursday, pushing its price to $0.53. This comes after a turbulent period of price action in January, where ADA saw significant fluctuations. Now, analysts and social media discussions are examining various factors that could shape ADA’s trajectory in
Sky Mavis, the creator of Axie Infinity, has recently announced an exciting collaboration with GMonsters and MIXI, a leading mobile game publisher based in Japan. This partnership aims to bring titles from MIXI’s popular Fight League franchise to the Ronin blockchain, further expanding the network’s reach and potential. With the growth of the gaming industry
Bitcoin (BTC) has recently reached a milestone, surpassing $46,000 for the first time since its spot ETFs debut trade on January 11. This is a significant development for the cryptocurrency, which has faced a challenging start to 2024. However, the recent surge in Bitcoin’s price suggests that things are turning around for the digital asset.
In its latest initiative, Binance is set to launch a staking campaign through its Launchpool feature. This campaign will offer up to 350 million PIXEL tokens as rewards, which will be distributed among participants in anticipation of the live launch of the Ronin gaming token later this month. PIXEL is the native token associated with
Prometheum, a New York-based “alternative” trading platform for crypto “securities,” has made a significant announcement regarding the launch of its custodial services specifically for Ethereum (ETH). This move has far-reaching implications for the legal status of Ethereum, the second-largest cryptocurrency by market capitalization. Unlike other articles paraphrasing the original piece, we will critically analyze the
The disappointing performance of the ETH price over the past year has not deterred the rise of Ethereum staking. In fact, liquid staking protocols like Lido Finance have witnessed a continuous surge in the amount of ETH being staked, contributing to a new all-time high in the total amount of supply being locked. Lido Finance
The cryptocurrency market has been buzzing with price predictions for Bitcoin and Cardano. Tom Dunleavy, Partner and Chief Investment Officer (CIO) at MV Capital, has shared his insights on the future prices of these digital assets. In this article, we will analyze Dunleavy’s predictions and delve into the reasons behind them. Tom Dunleavy believes that