Bitcoin demands $95K reclaim as six-figure BTC price calls return
BTC price upside makes a confident return as chart analysis sees fresh odds of Bitcoin hitting $100,000 after all.
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Cake DeFi launches $100M venture arm for Web3, gaming and fintech initiatives
Cake DeFi Ventures will fund crypto startups across Web3, the Metaverse, the NFT space, gaming, esports and fintech spaces that complement the company’s core business. 775 Total views 28 Total shares Singapore-based decentralized finance (DeFi) services firm Cake DeFi announced the launch of a $100 million venture arm dedicated to serving as accelerators for Web3,…

Venezuela: Maduro Raises Petro’s Value By 150 Percent Amid Ongoing Inflation
Venezuelan president Nicolas Maduro has raised the reference value of the national cryptocurrency, Petro, against the background of the country’s ongoing hyperinflation, the president’s official Twitter tweeted Nov. 30.According to major Latin American television channel TeleSur, Maduro first announced the new Petro rate on Thursday. Nov. 29. The value of the Petro is now set…

Billionaire investor Bill Ackman says ‘crypto is here to stay’
Bill Ackman’s conviction on crypto comes as much of the community attempts to regain confidence in the industry following the FTX fallout. 400 Total views 4 Total shares Billionaire investor and hedge fund manager Bill Ackman says he remains bullish about cryptocurrencies, despite the recent collapse of the FTX cryptocurrency exchange and the market turmoil…

What is regenerative finance (ReFi), and how does it impact NFTs and Web3?
In many countries, millions of people clack basic equitable access to the financial services that would allow them to meet their daily needs.On this week’s episode of NFT Steez, hosts Alyssa Expósito and Ray Salmond meet with Mashiat Mutmainnah to discuss how regenerative finance (ReFi) can provide more accessibility and inclusivity to blockchain technology. Mutmainnah explained…

Bitcoin is now less volatile than S&P 500 and Nasdaq
Bitcoin (BTC) held gains above $21,000 into Nov. 5 as the U.S. dollar posted a rare major daily decline.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewDollar dives 2% as risk assets recoverData from Cointelegraph Markets Pro and TradingView showed BTC/USD building on prior strength to hit highs of $21,473 on Bitstamp — a new seven-week high.The…

Web 3.0 needs more users, not more investors
The wide world of crypto has always been made up of people who know a lot about money. After all, cryptocurrencies themselves are financial products.The paradigm-shifting elevator pitch of Web 3.0 has always been able to pique the interest of investors, and over the last couple of years, we’ve seen an extraordinary amount of money…

Fundstat’s Tom Lee Says Fair Value of Bitcoin to Reach $150K Per Coin
Cryptocurrency bull and co-founder of Fundstrat Global Advisors Thomas Lee said that the “fair value of Bitcoin (BTC) is significantly higher than the current price,” Bloomberg reported on Dec. 13.In a note delivered on Thursday, the veteran market analyst reportedly said that Bitcoin’s fair value is between $13,800 and $14,800, considering the number of active…

Blockchain is still far from maturity, says China’s former IT minister
He doesn't seem to think China is that far ahead of the USA when it comes to blockchain development — at least for now. 1613 Total views 18 Total shares Wu Zhongze, China's former vice-minister for Science and Technology and a well-known digital economics expert, believes that blockchain technology is still quite young.During an interview…