News with the tag "Uncategorised"

The total market capitalization of the cryptocurrency space has dropped by more than $60 billion over the last 24-hour period over a combination of factors, including reduced expectations of Federal Reserve interest rate cuts and a potential massive BTC sell-off from the U.S. government. Equities ma...

Dubai, United Arab Emirates, January 3rd, 2025, Chainwire Xenea, an EVM-compatible Layer 1 blockchain, has integrated decentralized storage to support dynamic data use cases, positioning itself as a robust infrastructure for the next era of Web3 applications. Guided by the vision of “Ideas Transcend...

Ryan Sean Adams, a general partner at Bankless Ventures, recently highlighted a groundbreaking development in Ethereum’s ecosystem on social media platform X. According to Adams, an AI agent, @0xzerebro, became the first to stake 32 ETH and launch its own Ethereum validator on Dec. 12. He explained ...

In a research note released recently by Gautam Chhugani, a Senior Analyst at AB Bernstein, Ethereum’s recent underperformance is presented as an opportunity rather than a setback. Chhugani’s comprehensive analysis explores Ethereum’s supply mechanisms, institutional adoption, and staking dynamics, p...

Bitcoin remains steady at $95,700, just shy of its recent all-time high of $99,645.39 reached six days ago. Ethereum has gained 1.25% in the last 24 hours to trade at $3,566.36, while Solana has cooled to $235.92 after hitting its own peak of $263.21 five days ago. Despite these slight pullbacks, th...

The crypto market took a breather on Tuesday, with Bitcoin easing by about 1% to $87,440.88, following its explosive rally last week after Donald Trump secured the U.S. presidency. Investors are anticipating another surge, with many setting their sights on Bitcoin crossing the $100,000 mark by year-...

The International Monetary Fund (IMF) published its latest World Economic Outlook on 22 October 2024. This report paints a nuanced picture of global economic recovery, highlighting the complexities of inflation control, fiscal pressures, and structural challenges that vary across regions. Despite so...

China’s over-the-counter (OTC) cryptocurrency brokers are seeing record inflows as investors look for alternatives to weak stock and property markets in a slowing economy. According to a recent report by Suvashree Ghosh for Bloomberg, citing a study by Chainalysis Inc., OTC brokers received over $20...

In a video released on September 23, analyst Benjamin Cowen shared his thoughts on the current trajectory of the gold market. Cowen began by acknowledging that his last video on gold was roughly a year ago, when gold was priced at around $2,000 per ounce. At that time, Cowen predicted that gold woul...

Bitcoin mining firms Riot Platforms and Bitfarms have reached a settlement agreement, marking the end of Riot’s attempted hostile takeover of its rival, The Block reported on September 23. The agreement brought about notable changes in Bitfarms’ board composition. According to the joint announcement...