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Ark Invest CEO Cathie Wood Sees Crypto Market Exploding to $25 Trillion in 2030
16.11.2023
Ark Invest CEO Cathie Wood says the crypto ecosystem will be dominated by bitcoin and ether and will scale from about $1 trillion today to $25 trillion in 2030. “The regulatory breakthrough is very important to bring institutions online,” said the asset manager, emphasizing that...
Crypto Market Sees Net Capital Inflow for First Time in 17 Months
15.11.2023
The 90 day net change in the supply of the top four stablecoins has flipped positive, indicating an inflow of capital into the market
Lloyds Bank: UK Sees 23% Increase in Cryptocurrency Scam Reports
14.11.2023
Source: AdobeStock / JeromeMaurice Lloyds Bank, a big four bank in the United Kingdom, reports that crypto scams have risen 23% compared to the same period last year. The firm warned that fraudsters are targeting young people over social media, with victims losing an average of £10,741 ($13,183.72)...
BlackRock ETH ETF helps price past $2k; community sees BTC ETF as 'done deal'
10.11.2023
BlackRock has previously also filed for a Bitcoin ETF, for which the SEC approval window is currently open until Nov. 17
Solana Tokens Sees Risky Bets Increase After End of Sam Bankman-Fried Trial
9.11.2023
Bonk took center stage in the Solana ecosystem in January as sentiment around the blockchain network took a hit in the aftermath of the Sam Bankman-Fried and FTX exchange debacle
Marathon Digital sees 670% revenue gain in Q3 as Bitcoin production surges
9.11.2023
Marathon announced a 467% increase in Bitcoin production year-on-year in the third quarter, while hashrate rose over 400% in the same timeframe
Ripple Payments sees rapid growth
8.11.2023
Ripple, in its annual conference, has shed light on how Ripple Payments can make an impact on every business that is struggling to make it through traditional finances. Ripple has stated that at least 80% of global finance leaders are willing to make a transition to modern payment solutions...
Investment Advisor Two Prime Sees $2B in Demand for Bitcoin-Backed Loans
8.11.2023
"We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September, " Two Prime's Alexander Blume said
Bitcoin’s Transaction Backlog Swells With Latest Inscription Wave, Pushing Fees Up 4,000%
7.11.2023
After a quiet period post-September 15, Bitcoin transaction backlogs are surging anew, with a noticeable resurgence of Ordinal inscriptions starting October 24. The number of pending bitcoin transactions in the mempool has surpassed 157,000, prompting a rise in high-priority transaction fees...
Billionaire Investor Charlie Munger Sees Bitcoin’s Rise as Disruptive Threat to Traditional Finance
6.11.2023
Berkshire Hathaway’s Vice Chairman, Charlie Munger, recently reiterated his harsh critique of Bitcoin, labeling it as a threat to traditional finance in an interview with the Wall Street Journal. Munger, the long-time business partner of Warren Buffett, didn’t mince words in expressing...
Financial Giant Fidelity’s Director Sees Bitcoin as ‘Exponential Gold’
5.11.2023
Financial services giant Fidelity’s director of global macro says bitcoin is “exponential gold.” He explained that gold is “too deflationary and clunky to be used as a medium of exchange,” noting that “investors own it primarily as a store of value —...
Market Sees 59% Odds Sam Bankman-Fried Is Found Guilty on All Charges – But There's a Catch
2.11.2023
Traders on crypto-powered Polymarket have bet a grand total of $4,512 on the question, underscoring the current limitations of prediction markets
Billionaire Stan Druckenmiller: I Don’t Own Bitcoin but I Should
2.11.2023
Renowned billionaire hedge fund manager Stanley Druckenmiller says he doesn’t own any bitcoin but he should. He sees the crypto as a brand. When comparing bitcoin to gold, he said: “It’s clear that the young people look at it as a store of value because it’s a lot easier...
October sees a comparative lull in crypto crime with losses of $32.2M: CertiK
31.10.2023
There is no clear downward trend in crypto crime, but a quiet month is undoubtedly more than welcome in the Web3 community
JPMorgan Settles Transactions for $1 Billion Daily Using JPM Coin
28.10.2023
JPMorgan announced that it is registering transactions for $1 billion daily using its own currency, jpm coin. JPMorgan Global Head of Payments Takis Georgakopoulos added that while these movements are denominated in U.S. dollars mostly, the institution is seeking to expand on that in the future....
Galaxy Expects Spot Bitcoin ETF to Push BTC Up by 74% in First Year
26.10.2023
A spot-based bitcoin exchange-traded fund (ETF) would attract significant capital and boost the price of BTC by 74% in the first year after launch, according to Galaxy Digital. The estimate comes amid rising anticipation that the U.S. securities regulator will approve one or more of the proposals...
JPMorgan CEO Jamie Dimon Sees Nuclear Proliferation as ‘Most Serious Thing Facing Mankind’
26.10.2023
JPMorgan Chase CEO Jamie Dimon has identified nuclear proliferation as “the most serious thing facing mankind.” According to the United Nations, “the risk of a nuclear weapon being used is currently higher than at any time since the depths of the Cold War.” Dimon also pointed out that...
Mastercard Explores Web3 Alliances: MetaMask and Ledger Included
25.10.2023
Source: Pexels Global payments giant Mastercard is eyeing potential collaborations with self-custody wallet firms, such as MetaMask and Ledger, as part of its strategic push into the Web3 space. Citing an internal report from a Web3 strategy workshop, CoinDesk on Tuesday said Mastercard sees...
Bitcoin price surge sees significant asset outflow on crypto exchanges
24.10.2023
The outflow of assets from the crypto exchanges is considered a bullish sign as it indicates traders are moving their assets away from exchanges in anticipation of a price surge
Crypto ATMs Vanish at Rapid Rate in 2023, Data Highlights Downward Trend Peaked in July
24.10.2023
2023 has marked a notable decline in the number of crypto automated teller machines worldwide, plunging to levels not seen since November 2021. Data from coinatmradar.com reveal that July witnessed the steepest fall, with 4,123 crypto ATMs vanishing from the industry. The Ebb and Flow of Crypto...