Crypto news

ARK Invest – the institutional asset management firm led by Cathie Wood – made a significant move by liquidating all of its remaining holdings in the Grayscale Bitcoin Trust (GBTC), totaling $200 million. In the previous month, GBTC stood as the largest holding in ARK’s Next Generation Internet ETF. However, the asset management firm has now completely exited this position. The adjustment in the portfolio comes ahead of the anticipated decision by the Securities and Exchange...

As the crypto market evolves, only time will tell if Bitcoin can truly reach $1 million by 2029, altering how investors view and interact with digital assets. Perianne Boring, founder and CEO of the Chamber of Digital Commerce recently made a bold prediction that Bitcoin‘s price could surge to an astonishing $1,000,000 by 2029. Bitcoin’s Valuation Model and Current Market Price In a recent interview with CNBC, Boring discussed the current market conditions of Bitcoin, suggesting that its...

The sale of the newly launched Xiaomi EV will officially kick start next year at an undisclosed date. Chinese mobile phone manufacturer Xiaomi has made a foray into electric vehicle (EV) technology with the launch of its Xiaomi SU7, aiming to compete with global brands like Tesla and Porsche. The company’s billionaire co-founder Lei Jun initially teased the inaugural vehicle on Tuesday, noting that the car will be officially unveiled at the XiaomiEVTechnologyLaunch today on December 28....

Vitalik Buterin, the co-founder of Ethereum, has proposed measures to reduce the load on the Ethereum blockchain and simplify its proof-of-stake (PoS) consensus. The proposal aims to decrease the number of signatures validators must make to maintain the network’s operation, ultimately reducing the overall load on the Ethereum blockchain. Ethereum Co-Founder Proposes Adjustments Ethereum’s attempt to achieve decentralization and involve regular users in staking by supporting...

Solana is one of the largest blockchain ecosystems, boasting thousands of decentralized applications. With a vast sea of web3 projects and apps on Solana waiting to be explored, it’s crucial that we pick the right wallet that suits our needs. Whether you’re a seasoned user or a newcomer to Solana’s blockchain ecosystem, finding the best Solana wallet (tailored to your needs) is crucial. This guide explores some of the most popular options, as well as their pros, cons,...

TL;DR Shiba Inu (SHIB) has seen a notable increase in its price recently, with its performance compared to other cryptocurrencies like Dogecoin. Various factors and developments within the Shiba Inu project are influencing its current market trend, including its L2 blockchain solution Shibarium. The article also discusses the impact of actions by large SHIB investors on the cryptocurrency’s market dynamics and investor sentiment. Shiba Inu (SHIB) Performs Better Than...

[PRESS RELEASE – London, United Kingdom, December 28th, 2023] Minutes Network Ltd, the world’s first blockchain-based wholesale voice termination service provider, is set to reinvigorate telecommunications operator profitability with its innovative approach to voice call services. In a departure from recent industry trends, the company introduces the Mintech innovations hub and its proprietary suite of cutting-edge technologies and protocols that enhance operator...

Coinbase insiders seem to be disposing of COIN shares this December, with the co-founder Fred Ehrsam III appearing to be the most active seller, according to data from Insider Alerts. Several executives and top shareholders at the exchange have recently been selling company shares, with some following the trend set by Cathie Wood’s asset management firm, Ark Invest, which comes as Coinbase’s stock reaches a new yearly high. Coinbase Insiders Sell Over $120 Million in Shares...

The Indonesian government is keen to protect crypto investors from exploitative exchanges and ensure optimal tax collection. The high demand for digital assets and Web3 products in Indonesia has seen registered users surpass more than 18 million, compared to 12 million traditional stock traders. With the number of crypto users expected to grow exponentially in the coming years, the Indonesian government has been preparing to tap into the blockchain and the nascent industry to grow its...

The native BLUR token has also seen positive price movements. 2024 is only a few days away and we already have many highly anticipated blockchain projects in the works. Even though it is the holidays, crypto lovers are still engaging with these projects and many of them seem very promising. Take Blast, a layer-2 blockchain that is being launched by the creators of Blur. The blockchain will not be fully live until February 2024 but has already reported an impressive $1.1 billion in...