Bitwise Asset Management’s Chief Investment Officer has made a bold prediction regarding the potential impact of Ethereum Exchange-Traded Products (ETPs) on the price of ether (ETH). According to the CIO, the introduction of ETPs could drive ETH prices to new all-time highs, surpassing the $5,000 mark by the end of the year. This forecast is
Azarus, a cutting-edge Web3 overlay platform, has recently made waves in the world of Esports by powering the official Twitch live streams for the upcoming Evolution Championship Series. This collaboration is set to elevate the Esports viewing experience to unprecedented heights, offering fans a unique opportunity to engage with the content in real-time and earn
Recently, Hong Kong’s financial regulators wrapped up a consultation period regarding a licensing program initiative for fiat-referenced stablecoin (FRS) providers. The consultation, which came to a close in February, garnered 108 submissions from a variety of stakeholders, ranging from market participants to industry associations and professional organizations. The joint statement made on July 17 by
The recent announcement from crypto exchange OKX has sent shockwaves through the Nigerian crypto community. OKX has informed Nigerian clients that they have until Aug. 16 to close their positions, as the platform is ceasing operations in the African country due to local regulations. In a move that has left many users frustrated, OKX stated
XRP has been making significant strides in the cryptocurrency market recently, with a remarkable recovery that has seen gains of over 40% in the past week. This surge in price has been driven by a broader market recovery, demonstrating strong investor confidence and heightened trading activity. According to on-chain analytic platform Santiment, trader sentiment has
Cardano, once considered one of the largest cryptocurrencies in the market, has been facing significant challenges in recent months. This is evident from the substantial drop in its market cap, plummeting from over $90 billion in 2021 to a mere $15.9 billion as of Wednesday. The number of monthly developer commits has also dwindled, showcasing
Australian computer scientist Craig Wright has long claimed to be the mysterious creator of Bitcoin, Satoshi Nakamoto. However, recent developments have brought these claims into question. A ruling in the COPA vs. Wright case revealed that Wright may face charges of perjury and forgery of documents for providing false testimony during the trial. Wright has
In recent days, Bitcoin has seen a significant price recovery, reaching a milestone of $66,000 for the first time in about a month. This comes after a period of extreme turbulence earlier in the month, which saw the price of the leading cryptocurrency drop to a three-month low of under $54,000 on July 5. However,
Delabs Games, a prominent South Korean game development company, has once again made waves in the gaming world with their latest creation: Giga Chad Bat. This clicker game, based on baseball, has been released on the popular messaging platform Telegram. With its incorporation of Web3 technology and adherence to the latest standards, Giga Chad Bat
The world of cryptocurrency and digital assets has witnessed a dramatic surge in lobbying expenditures over the past seven years, according to a recent study conducted by Social Capital Markets. The study found an astonishing 1,386% increase in lobbying spend by crypto companies, skyrocketing from $2.72 million in 2017 to a staggering $40.42 million in