Hype overshadowed adoption, but valuable projects continue
Despite the hype cycle, blockchain technology continues to make strides in real-world applications, from tokenizing assets to enhancing record-keeping and data privacy.
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DeFi: A shrinking window of opportunity
Over the years, we have seen a lot of trends such as initial coin offerings, initial exchange offerings, security token offerings, decentralized autonomous organizations and many more, but none of these have become the mainstream. The concept of decentralized finance undoubtedly has its merits, but as the factors that sank the predecessors remain, we have…
Bitcoin pushes to $40K, but are bulls strong enough to win Friday’s $735M options expiry?
Bitcoin (BTC) price has been stuck in a falling wedge pattern for the past two months and during this time it has tested the $37,600 support on multiple instances. Adding to this “bearish” price action, BTC is down 16% year-to-date, which is in line with the Russell 2000s performance. Bitcoin/USD 1-day chart at FTX. Source: TradingViewThe…
From California to Colorado: How US Regulates the Political Donations in Crypto
On Sept. 20, the crypto community was rattled by the news that California’s political campaign regulator ruled in favor of an outright ban of any and all cryptocurrency donations. It came across as a surprise for many that the progressive state, which is home to the world’s largest technology hub as well as to a…
Ethereum: Fears Vitalik Buterin Selling 90K ETH as $25M Hits Exchanges
Ethereum (ETH) co-founder Vitalik Buterin became the center of attention on Christmas Day amid fears he plans to sell $25 million of the cryptocurrency.Records from monitoring resource Etherscan showed a total of 92,000 ETH (currently worth $11.5 million) move from a single wallet to U.S. exchange Kraken on Dec. 25.Funds’ source “likely whale or Buterin”As…
Binance taps Tiktok star Khaby Lame to drive Web3 adoption
Khaby Lame will use his signature content style to debunk myths surrounding the Web3 space. 715 Total views 5 Total shares Crypto exchange platform Binance has partnered with Khaby Lame, the most-followed creator on TikTok, to increase the awareness for Web3. The influencer would act as a global brand ambassador for the exchange, helping debunk…
Blockchain adoption continues unabated — Bloomberg analyst
Blockchain adoption has been "unabated" throughout bull and bear markets over the past years, says Bloomberg analyst Jamie Coutts. 52 Total views 1 Total shares Should the current rate of adoption continue, blockchain technology could have 100 million daily users by 2028, according to projections by Bloomberg Intelligence analyst Jamie Coutts. On X (formerly Twitter), Coutts
SBF winds down mystifying Twitter thread that said little over many hours
The disgraced banker of last resort has been displaying odd behavior on Twitter, leading to speculation about his intentions and mental condition. 345 Total views 2 Total shares Sam Bankman-Fried, the former CEO of bankrupt cryptocurrency exchange FTX, has concluded a Twitter thread he started Nov. 14. In approximately 40 hours, he spelled out “What…
Okcoin secures regulatory approval in Malta and the Netherlands
CEO Hong Fang said Okcoin was focused on Europe as part of the firm's global growth plans. 130 Total views 2 Total shares Cryptocurrency exchange Okcoin may soon be opening its doors wider to crypto traders in Malta and the Netherlands following approval from key regulators.In a Thursday announcement, Okcoin said it had secured formal…