The recent surge in Bitcoin price to $70,000 has sparked optimism among investors, especially those in the United States. The return of the Coinbase Premium Index to positive territory has been seen as a bullish signal for many. The Coinbase Premium Index (CPI), which had been in the negative since May 18, has now turned
Ethereum price recently experienced a downside correction after failing to break past the $3,885 resistance level. This correction has led ETH to drop below $3,800 and it could potentially slide further towards $3,720 in the near future. The failure to surpass the $3,880 resistance sparked this pullback, with the price currently trading below $3,840 and
The metaverse has shifted from being a distant concept to a tangible reality that is reshaping the digital landscape. This collective virtual shared space is formed by the merging of enhanced physical reality and persistent virtual reality. Metaverse apps serve as gateways to these digital worlds, offering immersive experiences, social interactions, and economic activities in
Tokenization in the financial industry has been gaining significant traction in recent years. Nadine Chakar, the global head and managing director of DTCC Digital Assets, presented a compelling case for the benefits of tokenization in her testimony before the House Financial Services Subcommittee on Digital Assets. She emphasized the transformative potential of tokenizing real-world assets
Kraken, a prominent cryptocurrency exchange based in the United States, is reportedly gearing up for a significant funding round in anticipation of a potential initial public offering (IPO) next year. According to sources cited by Bloomberg, the exchange is looking to secure $100 million in funding before proceeding with its IPO plans. If successful, Kraken
Renowned financial expert and author Robert Kiyosaki recently took to Twitter to make a bold prediction about the future price of Bitcoin. Kiyosaki expressed his confidence in BTC reaching a staggering $350,000 by August 25, sparking both excitement and skepticism within the cryptocurrency community. While acknowledging that his forecast may be seen as “suckers bait,”
Recently, asset manager VanEck made headlines with its revised prediction for Ethereum (ETH) and the significant price it believes the second-largest crypto token could reach by 2030. In a surprising turn of events, VanEck now predicts that Ethereum could potentially reach an impressive $22,000 by the year 2030. This revised forecast is a significant increase
The US spot Bitcoin Exchange-Traded Funds (ETFs) have been experiencing a significant surge in inflows for the past 17 consecutive days. In a surprising turn of events, these ETFs recorded a massive $886.6 million in inflows on a particularly notable Tuesday, making it the second-highest single-day influx since their introduction. Following this impressive day, another
Robinhood recently made headlines with the announcement of its agreement to acquire the global crypto exchange Bitstamp for a whopping $200 million in cash. This strategic move is expected to significantly enhance Robinhood Crypto’s global footprint by bringing in customers from various regions such as the EU, UK, US, and Asia. Founded in 2011, Bitstamp
The recent partnership between MetaMask and HyperPlay has set out to transform the landscape of Web3 gaming. By introducing a new games directory into the MetaMask Portfolio, users now have a seamless way to browse and manage in-game assets. This collaboration is a significant step towards improving the user experience and integrating blockchain technology into