A well-known analyst is painting a bearish picture for Bitcoin (BTC) following the potential approval of a spot market BTC exchange-traded fund (ETF). Going by the pseudonym DonAlt, this analyst, with a sizable following of 55,600 subscribers on the TechnicalRoundup YouTube channel, suggests that Bitcoin might experience a sharp decline of more than 25% from…
Ever wondered what a crypto wallet address is? Think of it as your home address, but for cryptocurrencies. It’s a unique set of letters and numbers where you can receive different types of digital currencies. Just like you need different addresses for different physical locations, you need separate wallet addresses for each cryptocurrency. For instance,…
Stuart Alderoty, the chief legal eagle at Ripple, recently shared his thoughts on some of the Securities and Exchange Commission’s (SEC) recent legal hiccups. He’s been pretty vocal on social media, pointing out a couple of big setbacks the SEC has faced in court. First off, Alderoty talked about a decision from a Federal Appeals…
The Sandbox, a notable player in the metaverse platform world, is making a big move towards India, aiming to turn it into their largest market in the next couple of years. This effort kicked off earlier in the year when they began a joint venture with a local company. This move marks a first for…
Big news for mobile gaming fans! Taki Games, known for their hit casual games, is teaming up with the Web3 tokenization wizards at Smart Layer. They’re bringing something really cool to the table: Executable NFT (xNFT) technology. This tech is going to be part of Taki Games’ mobile games network, starting with a fun mini-game…
Imagine a world where banks are more than just buildings with tellers and vaults. In 2024, this is becoming a reality. Banking-as-a-Service (BaaS) is taking center stage, transforming how we use banking services, much like how shopping for groceries has evolved over the years. BaaS Unpacked in Today’s World Once upon a time, businesses and…
Back in October 2009, a seemingly small event marked the beginning of a huge shift in finance: the first-ever Bitcoin transaction, where 5,000 tokens were traded for a mere $5. Since then, Bitcoin and other cryptocurrencies have taken the world by storm. Despite some ups and downs, like the 2017-2018 bubble burst, the value of…
This week, the world of Bitcoin non-fungible tokens (NFTs) has been buzzing with activity, recording a staggering $425.63 million in sales. Notably, the top ten NFT collections, all hailing from the Bitcoin blockchain, have been at the forefront of this surge. Among them, collections known as Ordinal inscriptions have shown significant trading volumes, setting a…
The DeFi world is booming with over $52 billion invested, dwarfing the GDPs of many nations. The foundation of this phenomenon is the layer-1 blockchains, but the real stars are the decentralized exchanges (DEXs). These DEXs are the lifeblood of the system, linking all assets and protocols and enabling crypto enthusiasts to trade tokens in…
The U.S. Securities and Exchange Commission (SEC) is currently in the spotlight for hosting discussions with several groups aiming to launch spot Bitcoin exchange-traded funds (ETFs). According to FOX Business’s Charles Gasparino, insiders have learned that the SEC is organizing a unique joint conference call with those looking to introduce Bitcoin ETFs. Unpacking the SEC’s…
