Bitcoin recently made headlines by hitting a new all-time high of over $73,500, only to experience a sharp drop to $65,000 shortly after. The cryptocurrency has since bounced back, currently trading at over $68,600. The volatility in Bitcoin’s price can be attributed to various factors, including the upcoming Federal Open Market Committee (FOMC) meeting and
Starbucks, the iconic coffee giant, recently made waves with its announcement to suspend the Odyssey NFT program. Launched in 2024, the program aimed to engage loyal customers through digital collectibles. However, after three successful years, Starbucks has decided to close this chapter to pave the way for future developments and innovations in the NFT space.
Carbonated Inc. has recently made headlines with the announcement of their early access launch of MadWorld for iOS and Android devices. This news was coupled with the revelation that the company successfully raised $11 million in a Series A funding round. This funding was spearheaded by Com2uS, a prominent South Korean gaming giant, and saw
Charles Hoskinson recently addressed the fear, uncertainty, and doubt surrounding Hydra, a layer-two scaling solution for the Cardano blockchain. It was rumored that Hydra had been abandoned, but Hoskinson made it clear that the project is still very much active and productive. This is an important clarification to ensure that the community understands the ongoing
Over the weekend, the cryptocurrency market experienced a significant downturn, with Bitcoin plunging to a ten-day low of under $65,000. This marked a stark contrast to the previous days when Bitcoin had surged to a new all-time high of $73,800. However, this peak was short-lived as the bears took control of the market and pushed
The cryptocurrency market is currently experiencing a period of uncertainty and volatility, with Bitcoin prices plummeting to a weekly low of $65,000. This sharp decline comes after a sustained period of remarkable gains and record highs, catching many investors off guard. At the time of writing, Bitcoin was trading at $65,710, with both the 24-hour
As the technology industry continues to rapidly evolve, the Asia Pacific region (APAC) has emerged as a powerhouse of innovation. Countries like Singapore, Hong Kong, and Japan have been at the forefront of embracing Web3 technologies. Their progressive regulatory stance has played a crucial role in shaping the future of the industry. For instance, Singapore
Bitcoin’s futures market is currently showing signs that have historically indicated bullish sentiment. Analysts are focusing on the Bitcoin futures basis, which represents the difference between the futures price of Bitcoin and its spot price. Recent data shows that this basis has climbed to unprecedented levels since Bitcoin’s peak of $69,000 in November 2021. According
Bitcoin experienced heightened volatility towards the end of the business week, with a significant drop of $8,000. However, it has managed to recover some of the losses since then. The week started off with several price fluctuations as well, as Bitcoin first dropped to $67,000 before experiencing a massive surge that led to a new
Grayscale has made significant updates to its regulatory filing to convert its Ethereum Trust into a spot exchange-traded fund (ETF). The company’s amendment on March 15 reinforces its previous filing by providing additional evidence to support the argument for market surveillance and correlation in the spot Ethereum market. Market Correlation Analysis The latest amendment from