In a surprising move, Bitcoin Minetrix ($BTCMTX) recently announced a significant token burn, amounting to 10% of the total token supply of 4 billion. This initiative, aimed at reducing the overall token supply, is expected to boost the price of $BTCMTX in the market. The burn is scheduled to take place tomorrow at 8am UTC,
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Verasity, a leading ad-tech company in the blockchain space, has recently announced a groundbreaking partnership with Creo Engine, a rapidly expanding web3 gaming platform. This partnership aims to integrate VeraViews’ innovative video player functionality and in-game rewards into Creo Play’s extensive gaming library. With this collaboration, both companies are paving the way for the future
In a bipartisan effort, US Senators Elizabeth Warren and Bill Cassidy have called upon US authorities to take action against the use of cryptocurrency in the illegal trade of child sexual abuse material (CSAM). The pseudonymity of cryptocurrencies has played a significant role in enabling the movement of payments for such illicit activities into the
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Bitfinex, a Hong Kong-based cryptocurrency platform, has recently released an Alpha report that delves into the market dynamics of Bitcoin following the recent halving event. One key takeaway from the report is the surge in exchange withdrawals of Bitcoin, reaching levels not seen since January 2023. This uptick in withdrawals signifies a trend of investors
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The crypto market has been enduring a period of heightened volatility, impacting Ethereum’s market performance. Despite this volatility, data from Coinglass indicates that there is a prevailing bullish sentiment among Ethereum investors and traders. Many traders have been opening long positions on ETH, demonstrating their belief in significant upward price movements in the long term.
In a recent interview, Anthony Scaramucci, the founder of Skybridge Capital, made a bold prediction regarding the future of Bitcoin. He suggested that the price of Bitcoin could potentially reach $200,000 following its upcoming halving event. This forecast comes at a time of increased volatility in the cryptocurrency markets, with geopolitical tensions and economic uncertainty
Hong Kong regulators have recently approved spot Bitcoin and Ethereum exchange-traded fund applications, signaling a significant milestone for the city’s push to become a central hub for digital assets. The Securities and Futures Commission (SFC) granted in-principle approval for these ETF products from several companies, including China Asset Management and Harvest Global Investments. While this