The Metaverse Will Be Valued at $5 Trilllion by 2030: Report
Global consultancy firm McKinsey & Company released a new report on the Metaverse, stating that in eight years, the field could be valued at $5 trillion – around the same…
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Hester Peirce Lashed out on the SEC for Delaying the Approval of Spot Bitcoin ETFs
SEC Commissioner Hester Peirce, famously known as “crypto mom” due to her years-long supportive attitude toward the industry, slammed the top US securities watchdog for failing to greenlight spot bitcoin…
Terra’s Do Kwon Shares Thoughts Amid Crypto Market Bloodbath
Founder and CEO at Terra – Do Kwon – posted for the first time in the past week following a massive market downturn where major cryptocurrencies are all down double-digits.…
3 Possible Reasons Why Ethereum (ETH) is Down 40% in 7 Days
The cryptocurrency market took a beating over the past week. The total capitalization is down below $1 trillion for the first time since January 2021, losing a staggering $300 billion…
Russia: Oil Company Gazpromneft To Launch a Cryptocurrency Mining Operation With BitRiver
U.S sanctions against Russia have played a role in the adoption of cryptocurrencies in the European country, causing oil companies like the giant Gazpromneft to look for new ways to…
Indian Crypto Advocacy Body Press for Restoration of Instant Retail Payments Service – UPI (Report)
The Blockchain and Crypto Assets Council (BACC) has asked the National Payments Corporation of India (NPCI) to restore the UPI service to Indian crypto exchanges. In a letter, it requested…
FTX Acquires Canadian Exchange to Expand its North American Footprints
FTX – the second-largest crypto exchange by trading volume – announced its expansion into America’s up-north neighbor by acquiring the Canadian trading platform Bitvo. The newly acquired company will continue…
Grayscale Bitcoin Negative Premium Charts All-Time Low
The dramatic collapse in UST brought tremendous selling pressure, catching many off-guard. But the subsequent negative macroeconomic conditions have adversely affected the cryptocurrency market as a whole, with institutional demand…
Immutable Raises $500 Million to Support Web 3 Gaming and NFT Projects
The Australian NFT scaling platform – Immutable – introduced an inaugural $500 million developer and venture investment fund. The financing will be distributed to companies developing the Web3 ecosystem and…
Mike Novogratz: Bitcoin Isn’t Going Away, but Will Take a While to Recover
Mike Novogratz, a prominent Bitcoin bull and the CEO of digital asset investment firm Galaxy Digital, noted that cryptocurrencies are here to stay even though it will take a while…
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