Bitcoin headed for breakout or breakdown? Analysts weigh in
Analysts say upcoming rate cuts could be a boon for Bitcoin’s price action but the market is still in “wait and see” mode.
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Bitcoin Volatility Expected as $328M in BTC Derivatives Expire Friday
CME Bitcoin (BTC) futures and options markets are set to mature this Friday and traders are closely watching to see how spot prices will react to this event. The contracts expire every two months and according to market analysts, they negatively influence BTC’s price in spot markets. In fact, recent data from Cointelegraph and Arcane…
US needs ‘Manhattan Project-like’ AI plan to vie with China, says gov commission
Among specific recommendations, the USCC wants the US Secretary of Defense to mark AI projects with the highest national priority designation.
Topps baseball card maker and MLB will issue official NFTs
A set of Topps Series 1 Baseball nonfungible token collectibles will be issued by the major card maker in partnership with Major League Baseball and MLB Players Inc. 3360 Total views 22 Total shares A set of nonfungible tokens will be issued by the United States’ leading trading card maker Topps in partnership with Major League…
Coinbase CEO Explains How Crypto Will Go from 50 Million to 5 Billion Users
Brian Armstrong, the CEO of major cryptocurrency exchange Coinbase, explained what developments he believes will drive the growth of cryptocurrency’s’ user base.In a series of tweets on March 4, Armstrong illustrated how the developments that resulted in the mass adoption of the internet are similar to the work that is currently being done on cryptocurrencies.…
MyEtherWallet Latest to Enter DeFi Arena With Integration on Aave and Ren
Ethereum’s oldest user-friendly wallet is staking territory in DeFi. MyEtherWallet is expanding its integrations with decentralized finance through its dedicated wallet communication tool, MEWconnect.On Thursday, the project announced an integration with Aave and Ren, which marks the first time that third parties are using the MEWconnect technology. MEWconnect is a wallet linking system developed specifically for…
Valkyrie Bitcoin futures-linked ETF launches on Nasdaq, with share prices dropping 3% in first hour
While the price of Bitcoin rose above $63,000 during the launch of ProShares' Bitcoin Strategy ETF, it dipped under the price level today to hit the $61,000s. 223 Total views 24 Total shares The second Bitcoin (BTC) futures-linked exchange-traded fund in the United States began trading on the Nasdaq, opening at a price of $25.52…
Tokenizing music catalogs: The next frontier for Web3 and the music industry
At the Proof of Talk 2024 conference in Paris, Serio Mottola, the CEO of Music Protocol, advocated for integrating blockchain technology into the already established billion-dollar music industry.
SEC’s ETF decision means ETH and ’a lot’ of other tokens are not securities
That doesn't mean the securities regulator can't still pursue action against actors in the staking domain, industry analysts and lawyers warn.