RWA sector could reach $600B in next five years: BCG

In the latest big move by traditional finance to incorporate crypto, 550 coins will appear in the new indexes starting next year. 5018 Total views 121 Total shares S&P Dow Jones Indices — a joint venture between S&P Global, the CME Group and News Corp — will debut cryptocurrency indexes in 2021, it has confirmed.In…

Bitcoin (BTC) price succeeded in hitting its highest weekly close of 2019 last week, further dispelling fears of a fresh price breakdown.Market visualization. Source: Coin360Another price milestone for Bitcoin Data from Coin360 put BTC/USD trading at around $11,360 as of press time on Aug. 12. The largest cryptocurrency finished the week closer to $11,500 on some…

Cryptocurrency exchange Bybit has released its latest quarterly report, revealing the trading and holding trends of its institutional traders heavy in positive Bitcoin sentiment. 1015 Total views 3 Total shares The cryptocurrency exchange Bybit released its fourth quarter report on Dec. 4, highlighting and comparing trends between its institutional and retail investors.The report found that

$10,000 is edging ever closer for Bitcoin, which has gained $800 in the past few days and taken little notice of resistance levels. 1414 Total views 16 Total shares Bitcoin (BTC) hit $9,400 on May 28 in its latest attempt to upend a downward trend which had seen $8,640 lows just days before.Cryptocurrency market daily…

Softbank-backed Chinese fintech OneConnect has filed for an Initial Public Offering (IPO) with the United States Securities and Exchange Commission (SEC).As Bloomberg reported on Nov. 13, OneConnect is the blockchain- and AI-focused fintech arm of Chinese insurance giant Ping An.Seeks $100 million and Nasdaq listingThe report claims that the filing seeks to raise $100 million,…

Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.

The Messari report noted that more than $30 billion was raised from 1199 funding rounds in the first half of 2022. 202 Total views 21 Total shares Despite the ongoing market slump, the crypto sector has already raised $30.3 billion in funds, outpacing an entire year of fundraising in 2021, a new report shows. In a…

2021 was a rollercoaster ride for many projects in the cryptocurrency market but as is the nature of crypto, many tokens hit new all-time highs and then spent the following months drifting lower as the hype surrounding the project faded and traders moved into greener pastures.This is exactly what happened with Theta, a decentralized broadcasting…