So, here’s the scoop – according to Jan van Eck, the big boss over at VanEck, there are a couple of major roadblocks standing tall in the way of bringing real-world assets into the tokenization game. Liquidity Blues First off, Jan spills the beans on liquidity being a real “head-scratcher” for tokenization. He points out…
In a recent move, Linekong Interactive, a Chinese game developer, is gearing up to invest a whopping $6 million in popular cryptocurrencies Bitcoin and Ethereum. Initially greenlit to acquire up to $5 million worth of these digital assets, the company decided to boost the limit to $6 million, citing the rapid surge in crypto prices….
Just caught Bill Ackman, the big shot behind Pershing Square Capital Management, spill some beans on what he thinks is in the cards for the Federal Reserve. In a chit-chat on CNBC’s “Squawk Box,” he threw it out there that he’s putting his money on the Fed slashing interest rates faster and sooner than everyone’s…
In the vibrant heart of India’s financial hub, the Reserve Bank of India (RBI) has scripted an exciting tale, ushering in the era of the e-rupee. Surpassing one million daily transactions, India’s enthusiastic adoption of the digital frontier positions it as a pioneer in global financial innovation. Meanwhile, across the oceans in Florida, efforts are…
Chinedu Albert, a legal expert specializing in Nigerian tech and innovation, has shed light on the challenges hindering the adoption of eNaira, the digital currency introduced by the Central Bank of Nigeria (CBDC). According to Albert, these challenges can be traced back to a previous ban on cryptocurrencies enforced by the government. In an exclusive…
Recently in Shenzhen, a tech hub in China, the curtains were raised on a brand new digital economy conference. The buzz was all about the announcement of a massive Web3 accelerator fund, a move that shows China’s keen interest in diving into the world of Web 3.0. $10 Billion Web 3.0 Fund Unveiled Li Haolong,…
2023 was a tough year for crypto funding, with a significant 68% drop in investments, plunging to $10.6 billion from the previous year’s $33.2 billion. This downturn, the lowest since 2020, was influenced by a mix of high interest rates, the AI boom, regulatory pressures, and major crypto downfalls like FTX, Celsius, and BlockFi. As…
In the dynamic world of finance, the last couple of years have thrown us some unique challenges. Chief among them was the startling 9.1% U.S. inflation peak in June 2022, prompting the Fed to initiate a series of aggressive and still ongoing rate hikes. At the same time, the crypto industry faced its own storm,…
In the ever-evolving world of digital currencies, the United States has made a significant mark by having nearly 49 million people actively participating in the cryptocurrency market. This represents a substantial 14.36% of the country’s population, underscoring the U.S.’s role as a major player in the global cryptocurrency scene. Let’s take a look at the…
