The introduction of Bitcoin exchange-traded funds (ETFs) in the United States has sparked mixed reactions. While there was an initial surge in investment, recent data shows a decline in overall Bitcoin wallet activity. Diminishing Enthusiasm Data from Santiment reveals a consistent reduction in the number of crypto wallets holding any amount of Bitcoin since the…
The Future of Crypto Regulation: Balancing Innovation and Safeguards The future of cryptocurrency regulation in the United States is uncertain, as policymakers grapple with the need for stricter controls while avoiding stifling innovation. A recent letter from key members of Congress has raised questions about the effectiveness of the Howey Test, a central tool used…
Ethereum (ETH) Outflows Signal Potential Decline in Selling Pressure Cryptocurrency analyst Ali Martinez observed a significant outflow of Ethereum (ETH) from crypto exchanges, indicating a strong holder sentiment and potentially less selling pressure in the market. In the past three weeks, nearly 510,000 ETH, worth approximately $1.22 billion, exited known crypto exchange wallets. Ethereum Exchange…
Seamless Crypto Purchases Within MetaMask: Consensys, a leader in blockchain software, and Robinhood, a popular trading platform, have joined forces to integrate Robinhood Connect with MetaMask, the most widely used web3 wallet. This partnership allows MetaMask users to conveniently purchase crypto assets directly within the wallet using Robinhood’s order engine. Enhanced Accessibility and Security: MetaMask’s…
Funding Secured for Ambitious Growth Phase Nibiru Chain, a general-purpose layer one blockchain, has secured $12 million in funding to fuel its ambitious growth plans. Venture investments included contributions from Kraken Ventures, ArkStream, NGC Ventures, Master Ventures, Tribe Capital, and Banter Capital. Developer-Centric Platform with Built-In Dev Toolkit Nibiru Chain stands out with its innovative…
Taki Games, the player-owned mobile gaming network, has partnered with Web3 gaming community GameFi to launch GameFi Food Fighter, a new mobile game that combines addictive gameplay with blockchain-based loyalty. The game aims to bring Web3 loyalty and one of the leading Web3 brands to mainstream gamers. Taki Games addresses flawed tokenomic models where players…
Bitcoin Dominates Institutional Inflows Bitcoin saw a massive inflow of $703 million last week, accounting for 99% of all inflows into digital asset investment products. Solana came in second with a modest inflow of $13 million, outperforming Ethereum’s $6.4 million inflow. Spot Bitcoin ETFs Shine in the US Spot Bitcoin ETFs in the US attracted…
Why the Halving Event Will Send the Market Higher Crypto analyst James van Straten explains why the Bitcoin halving event is bullish for price. The halving is an event that occurs approximately every four years, cutting the block rewards in half. This means that the number of BTC that miners are awarded for mining a…
Hedera, a public distributed ledger network, has partnered with the Saudi Ministry of Investment in a five-year deal worth $250 million. DeepTech Venture Studio: Nurturing Innovation in Saudi Arabia As part of the partnership, Hashgraph, the company behind Hedera, has launched the DeepTech Venture Studio in Riyadh. This studio will support local Saudi companies and…
Ripple Case: No End in Sight Former Securities and Exchange Commission (SEC) Chair Jay Clayton recently commented on the ongoing battle between the SEC and Ripple. His remarks suggest that the case may not be coming to an end anytime soon. SEC May Appeal Court’s Ruling In an interview, Clayton hinted that the SEC could…
