Tag Archives: News

The report states that an increase in the adoption and use cases of Bitcoin and CBDCs could weaken the strength of the US dollar. Andrew Peel, the Head of Digital Assets at financial services giant Morgan Stanley (NYSE: MS), has warned that the use of cryptocurrencies like Bitcoin could negatively impact the US dollar. Peel said a potential paradigm shift in the way people view and interact with digital assets, including CBDCs (Central Bank Digital Currencies), could weaken the US dollar’s...

Ramaswamy’s departure from the presidential race leaves a void in terms of a candidate explicitly championing pro-crypto policies. Pro-crypto Republican candidate Vivek Ramaswamy has officially withdrawn from the United States presidential race, marking the end of his nearly year-long campaign. Ramaswamy, who gained attention for his outspoken stance on cryptocurrency and blockchain technology, announced at a press conference in Des Moines, Iowa. Despite his efforts to bring a pro-crypto...

While being bullish on Bitcoin ETFs for the long term, Arthur Hayes expressed bearish sentiments on Bitcoin in January, anticipating a short-term correction of up to 30% in prices. In a recent post on Tuesday, Arthur Hayes, Chief Investment Officer of the family office Maelstrom and former CEO of BitMEX, delves into the allure of Bitcoin (BTC) for investors, citing market inefficiency and its uncorrelated behavior with traditional assets as key factors attracting billions in capital from...

The virtual assistant is designed to offer very natural and empathetic interactions with consumers and features four different emotions. One of the ways that we see blockchain-based assets progressing is the ways in which they are made more accessible in everyday life. This is especially true when they are being pushed by major corporations and we have seen this time and time again. One of the latest examples of this comes from Mercedes-Benz, which unveiled its new MBUX Virtual Assistant...

The newly acquired funds will help HashKey to build diversified Web3 products amid the mainstream adoption of digital assets and blockchain technology in Asia. HashKey Group, the operator of a leading Hong Kong-based cryptocurrency exchange and other web3-focused platforms, announced the completion of the Series A funding round with nearly $100 million. As a result, the company saw its valuation rally beyond $1.2 billion to a unicorn status. According to the announcement, HashKey will...

Solana Mobile plans to significantly reduce the price to make the smartphone more competitive and affordable compared to Saga. Solana Mobile made a big impact last year when it introduced Saga, a smartphone designed specifically for cryptocurrency enthusiasts. The phone stood out because it had a built-in hardware wallet and supported decentralized apps. It was a success, and now Solana Mobile is working on a new, more affordable smartphone to attract a wider audience. According to a...

Following the approval of its license by the Dubai Virtual Assets Regulatory Authority, OKX will be offering spot services and spot pairs to UAE residents. This comes as the country is establishing itself as a welcoming hub for crypto business. Crypto businesses looking to expand all over the world often face the challenge of needing to secure approval from various regulators to get started. As we’ve seen in the past, this is not always the most straightforward process and can come with a...

ADA price started a downside correction from the $0.620 zone against the US Dollar. The price is now trading below $0.55 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5420 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.550 and $0.565 resistance levels. Cardano’s price is consolidating above $0.525 against the US Dollar, like Bitcoin. ADA...

Ethereum price started a downside correction from the $2,720 resistance against the US Dollar. ETH price is now trading above $2,450 and the 55 simple moving average (4 hours). There is a key declining channel forming with support at $2,420 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $2,560 resistance zone. Ethereum price is declining below $2,600 against the US Dollar. ETH/USD remains at a risk of more...

The introduction of MANTA on Binance Launchpool is a huge step toward addressing the ZK ecosystem’s difficulties. Binance, one of the world’s leading crypto exchanges, has unveiled the 44th project on its Launchpool – Manta (MANTA). This new addition to the Binance ecosystem promises to be a game-changer, introducing a modular Layer 2 (L2) solution tailored for Zero-Knowledge (ZK) applications. Staking and Farming MANTA According to the announcement, users eager to partake in the MANTA...