BlackRock’s Bitcoin ETF tops 500K BTC holdings worth $48B
BlackRock’s IBIT now holds 2.38% of all Bitcoin, with its latest filing showing it has 500,380 BTC on its books.
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Despite an eventful year fraught with crypto collapses and price drops, Steven Goulden, a senior research analyst at crypto trading firm Cumberland has pointed to several “green shoots” to break the surface in crypto in 2023. In a 14-page “Year in Review” report released on Dec. 24, Goulden said he saw four “emerging narratives” in…
We’ve passed peak corporation already — Michael Anderson, Framework Ventures
The pandemic has changed society forever — and in many cases, not for the better. But when historians look back in a few decades, will they see this period as a turning point in the transition from an economy dominated by corporations to a new crowdsourced model where participants are incentivized with tokens to grow…
Bitcoin miner Rhodium files for bankruptcy in Texas court
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3 reasons Bitcoin suddenly dropped 3% in 1 hour and recovered
The price of Bitcoin abruptly dropped over 3% in under an hour after surging to $13,350, but its high time frame log charts remain highly optimistic. 2071 Total views 22 Total shares Three factors likely triggered a quick decline in the price of Bitcoin (BTC) on Oct. 25. First, traders pinpoint the $13,300 to $13,500…
Alipay set to allow users test China’s digital yuan
China’s e-payment giant will allow some users to link their accounts to the country’s digital yuan app. 2189 Total views 13 Total shares Alipay, the mobile payment platform owned by Ant Group, is set to allow some of its users to participate in the emerging digital yuan commerce ecosystem.According to a report by China Securities…
TRON CEO Claims Today’s Update Will Make It ‘200x Faster’ Than Ethereum
“Decentralized internet” protocol TRON’s TRX token surged almost 8 percent Monday, October 8, after CEO Justin Sun claimed its forthcoming update would see it beat Ethereum on speed and EOS on cost.Odyssey 3.1, the latest version of TRON, will go live at 8pm SGT, Sun confirmed on Twitter as a result of “community consensus.”The changes include…
Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode
The team described the move as part of its efforts to balance the economy for the Smooth Love Potion token. 420 Total views 4 Total shares Play-to-earn (P2E) blockchain game Axie Infinity (AXS) has completely removed the token rewards from its classic game mode to attract its users to a new game mode called Axie…