Investment products for digital assets received significant influxes of $708 million last week, contributing to year-to-date inflows of $1.6 billion and increasing the total global assets under management to $53 billion. However, trading volumes in ETPs dropped to $8.2 billion from the previous week’s total of $10.6 billion, though they still surpass the 2023 weekly average of $1.5 billion. According to CoinShares’ latest report, these volumes represent 29% of Bitcoin’s...
Read More »If History Repeats, Here’s How High Bitcoin (BTC) Price Can Go Post Halving (Analysis)
With the fourth halving event scheduled for April this year, speculation about Bitcoin’s future trajectory is rampant. One notable voice in this conversation is Charles Edwards, the founder of hedge fund Capriole Investments, who has made a striking prediction – if Bitcoin’s post-halving returns mimic those of 2020, the market could be witnessing a staggering $280,000 valuation within the next year. 2020: “Worst Bitcoin Bull Market” Matching the exceptional performance seen...
Read More »Trust Wallet Makes History as First Web3 Company to Secure Global Privacy Certifications
CoinspeakerTrust Wallet Makes History as First Web3 Company to Secure Global Privacy Certifications Trust Wallet said it was fully audited by A-LIGN, a technology-enabled security and compliance partner trusted by over 4,000 global organizations. Trust Wallet Makes History as First Web3 Company to Secure Global Privacy Certifications
Read More »GCash Partners with Axie Infinity and Ronin to Enhance Accessibility to Web3 Gaming
CoinspeakerGCash Partners with Axie Infinity and Ronin to Enhance Accessibility to Web3 Gaming By partnering with Axie Infinity and its Ronin sidechain network, GCash seeks to provide Filipino web3 gamers with a practical and regulated alternative. GCash Partners with Axie Infinity and Ronin to Enhance Accessibility to Web3 Gaming
Read More »Super Bowl 2024 Next Week Will Not Feature Any Crypto and AI Ads
CoinspeakerSuper Bowl 2024 Next Week Will Not Feature Any Crypto and AI Ads Two years ago, crypto advertisers occupied the top ad spots at Super Bowl. But the FTX debacle has pushed them out of the game making way for traditional businesses. Super Bowl 2024 Next Week Will Not Feature Any Crypto and AI Ads
Read More »Bitpanda: Welcome bonus for Austria and Switzerland
We’re excited to share that Bitpanda customers can now invest in crypto on Bitpanda with zero deposit and withdrawal fees on all fiat currencies and payment options, including credit cards. We’ve also increased our daily credit card limit from €10,000 to €20,000, which is above the market standard. Zero deposit and withdrawal fees: Transfer, invest, and watch your money grow, entirely fee-free. Flexible funding: We accept a wide range of payment...
Read More »Stellar Lumen (XLM) Price Grinds Lower As Bulls Lose Control
Stellar lumen price is moving lower below the $0.1120 pivot level against the US Dollar. XLM price is now trading below $0.1100 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.1095 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1080 support zone in the near term. Stellar lumen price is trading below $0.1120 against the US Dollar, like Bitcoin. XLM price could...
Read More »XRP Price Analysis: Risk of Downside Thrust Escalate
XRP price started a fresh decline from the $0.5400 resistance against the US dollar. The price is now trading below $0.5350 and the 55 simple moving average (4 hours). There is a connecting bearish trend forming with resistance near $0.5180 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.500 support zone. XRP price is struggling below $0.5350 against the US Dollar, unlike Bitcoin. The price could...
Read More »EU Drafts Paper Regarding Exceptions to MiCA Regulation
Last year, the European Union unanimously voted for the Markets in Crypto Assets (MiCA) bill, considered by most to be the first comprehensive piece of legislation addressing the crypto industry as a whole. MiCA is, in itself, part of a larger set of financial laws known as DORA – but it has also given many crypto companies a reason to consider moving the bulk of their operations across the ocean. Several Adjustments to The Bill Although MiCA was published back in June 2023,...
Read More »Sophisticated Attacks on the Rise: Cryptocurrency Market Faces $1.9 Billion Loss in 2023
The cryptocurrency market experienced losses of $1.9 billion in 2023 due to hacks, marking a substantial 93.6% decrease from the previous year. While this appears to be a positive trend, further examination reveals a bleaker outlook, with the frequency and sophistication of attacks on the rise, according to blockchain security auditor Hacken. 2023 Sees Onslaught of ‘Sophisticated Attacks’ Hacken’s 2023 security report shared with CryptoPotato revealed that the total amount...
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