The recent actions taken by the German state of Saxony have raised eyebrows in the crypto community, as they have been swiftly depleting their Bitcoin reserves. After seizing Bitcoin from Movie2K earlier this year, the German government began auctioning off around $3 billion worth of BTC. On Thursday, a significant amount of 10,567 BTC (about
potential
Soccerverse, the groundbreaking blockchain-based football management game, has recently received a significant funding boost of £2.5 million ($3.1 million) from renowned game publisher Square Enix. This investment, led by Square Enix and supported by existing investor Hiro Capital, brings Soccerverse’s total funding to $4 million. It is a major milestone for the game, which aims
The world of cryptocurrency is full of speculation and price predictions, and Ethereum (ETH) is no exception. A crypto analyst going by the name of ‘Bluntz’ has recently made a bold prediction that ETH will surge to new all-time highs, hitting the $8,000 price mark. While this forecast may excite Ethereum investors, it is essential
Since the beginning of July, the Cardano blockchain has experienced a period of relative quietness, mirrored by a consolidation in the price of ADA. On-chain transaction data reveals that Cardano whales, who hold large amounts of ADA, have also been relatively quiet since the last week of June. Despite this, there was a recent spike
Recent data reveals a remarkable shift in the relationship between Bitcoin and US stocks. Previously, these assets showed a positive correlation, impacting Bitcoin and the broader crypto market. However, according to market intelligence platform IntoTheBlock, the correlation between Bitcoin and the Nasdaq 100 and S&P 500 has now turned negative. This negative correlation indicates that
Bitcoin (BTC) has recently broken above its bearish trendline, showcasing strong bullish momentum in the market. This surge has sparked optimism among traders and investors regarding the potential for BTC to reach the $60,152 mark. With a current market capitalization exceeding $1.1 trillion and a trading volume of more than $24 billion, Bitcoin is currently
In a recent Senate Agriculture Committee hearing, CFTC chair Rostin Behnam expressed openness to the idea of the agency becoming a primary regulator for cryptocurrencies. This proposal, if implemented, would involve changes to the definitions of securities and commodities. Senator Roger Marshall suggested that the CFTC take on the role of primary regulator for digital
A crypto analyst known as ‘DonAlt’ has made a bold prediction regarding the future of Bitcoin (BTC), stating that the cryptocurrency could potentially surge to $100,000 in the coming years. This optimistic outlook is based on the increasing inflows into Spot Bitcoin ETFs and the anticipation of an upcoming bull run in the crypto market.
In recent news, ShardLab, the blockchain branch of Hashed, has unveiled a groundbreaking web application designed to streamline decentralized identity (DiD) and NFT voucher dissemination. Leveraging cutting-edge technologies such as account abstraction (AA) and zero-knowledge proofs (ZK), this app sets out to revolutionize the security and usability of everyday transactions in the blockchain space. The
The recent transaction by an Ethereum whale transferring $34.3 million worth of ETH to the crypto exchange Coinbase has caused panic among community members. This move suggests that the whale might be looking to offload their holdings, potentially impacting ETH’s price significantly. Typically, such large transfers indicate a plan to sell tokens, leading to concerns