Emma

Is the Surge in BlackRock’s Spot ETF Holdings Overtaking MicroStrategy a Sign of Institutional Investors Embracing Bitcoin?

As BlackRock’s IBIT accumulates 197,943 BTC, worth more than $13.5 billion, the discussion surrounding Bitcoin’s investment appeal is experiencing a notable shift. This change coincides with the recent approval by the United States Securities and Exchange Commission of nine new funds, underscoring the growing institutional interest driving Bitcoin’s valuation. With Bitcoin surpassing the $72,000 mark,…

Read More

Bitget Wallet is poised to propel the evolution of Web3 through the launch of the BWB token.

in brief Bitget Wallet, boasting over 12 million users, is a leading non-custodial wallet service. The platform is gearing up to introduce its native cryptocurrency token, BWB. BWB’s launch is aimed at challenging mainstream Web3 wallets and strengthening Bitget Wallet’s foothold in the competitive crypto landscape through strategic “vampire attacks.” This move aligns with Bitget…

Read More

The Core Foundation, Focused on Web3 Development, Unveils a Fresh NFT Marketplace

The Core Foundation, dedicated to establishing a secure and decentralized environment for decentralized applications (dApps), is set to unveil a new non-fungible token (NFT) marketplace. This announcement, made on Monday, coincides with the foundation’s plans to initiate an NFT collection drop named “Core Journey” for the community. According to Rich Rines, a Core contributor, the…

Read More

Cathie Wood of ARK Invest Predicts Bitcoin’s Price Will Exceed $1 Million Sooner Than Anticipated.

Ark Invest, a U.S. asset manager known for its favorable stance on cryptocurrencies, foresees Bitcoin reaching $1 million before 2030, as CEO Cathie Wood revealed in a recent interview with the New Zealand Herald. Wood, a vocal advocate for Bitcoin, had previously projected a price target of $1.5 million earlier in the year during an…

Read More

Trump Reverses Position on Bitcoin: “I’m Unsure About Removing it at This Stage”

Republican presidential frontrunner Donald Trump appeared on CNBC on Monday, where he expressed uncertainty regarding his stance on Bitcoin. Despite previously criticizing the cryptocurrency, Trump now admits to finding it enjoyable and is hesitant to consider its removal. He stated, “There has been a lot of use of that (bitcoin), and I’m not sure that…

Read More

Curve Finance intends to raise its AMM fee, albeit with justifiable motives behind the decision.

Curve Finance, a prominent decentralized exchange (DEX) renowned for facilitating stablecoin swaps, is currently considering a proposal to increase the Automated Market Maker (AMM) fee within the LLAMMa (crvUSD) liquidity pool. Fine-Tuning Curve Finance’s AMM Fee: A Proposal for Enhanced Efficiency and Sustainability A recent proposal has emerged within the corridors of Curve Finance, one…

Read More

Fox Reporter: Anti-Crypto Politicians Oppose SEC’s Potential Approval of Spot Ethereum ETFs

The prospect of the Securities and Exchange Commission (SEC) granting approval for Ethereum spot ETFs by May 23 is losing momentum. According to a recent update shared by Fox reporter Eleanor Terrett on X, prominent anti-cryptocurrency figures such as Senator Elizabeth Warren are actively lobbying against the introduction of ETH spot ETFs. Additionally, there is…

Read More

In a span of merely two weeks, a PEPE trader transformed an initial investment of $1.7 million into an impressive $8.13 million.

According to on-chain data provided by Lookonchain, a meme coin trader managed to convert an initial investment of $1.7 million in PEPE, a widely recognized meme coin, into a staggering profit of $8.13 million, marking an extraordinary 431% increase in just two weeks. PEPE Experiences Explosive Surge PEPE, a meme coin devoid of practical application,…

Read More

In February, a total of $46.86 million in cryptocurrency was reported stolen due to various scams, according to a report.

According to Scam Sniffer, a company specializing in anti-scam solutions for Web3, February 2024 witnessed a significant loss of $46.86 million in cryptocurrencies to scams. The report highlights that more than 57,000 individuals were targeted and victimized by a variety of phishing schemes. Interestingly, the findings indicate a notable decrease of 75% in the number…

Read More

The Uniswap community has rebuffed a governance proposal suggesting the distribution of revenue to holders of UNI tokens.

The Uniswap community has recently dismissed a governance proposal aimed at altering the platform’s fee structure, which included the provision for distributing revenue to UNI token holders. The voting period for this proposal concluded on March 9, revealing that 59.9% of mobilized UNI votes stood in opposition. The proposal, now rejected, sought to empower the…

Read More