Month: January 2023

Euro Zone Economy Pops Higher Than Expected in Q4 2022

Despite surpassing expectations in 2022 Q4, some economists are projecting that the euro zone could transit into a recession later this year.  The euro zone economy report for 2022 Q4 came in better than expected, calming fears of possible regional recession. According to preliminary Eurostat data released on January 31st, the euro zone beat expectations of positive growth in Q4. The euro zone increased 0.1% in last year’s last quarter, exceeding economist expectations of a 0.1% contraction over the same period. This follows a 0.3% GDP rise in 2022 Q3.…

Wall Street Giants Eyeing Crypto Now More than Ever

The range of opportunities being seen by these firms as highlighted by Bloomberg transcends digital currency trading. Despite the mishaps that have been recorded in the broader digital currency ecosystem compounded by the collapse of the FTX Derivatives Exchange, mainstream Wall Street financial institutions are renewing their appetite to engage in crypto service offerings. According to a Bloomberg report, while the sentiment in the nascent industry is poor at this time, firms like Bank of New York Mellon Corp (NYSE: BK), Fidelity Investments, and BlackRock amongst others see a rare…

Why are crypto fans obsessed with micronations and seasteading? – Cointelegraph Magazine

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We can’t blame Elon Musk for dreaming of moving to Mars — the human race has always been curious about finding a better life somewhere else.  But not everyone in crypto is looking up to the stars to find new worlds; others stay on earth and attempt to build a new micronation, or a crypto community, here. There are dozens of projects in development — and a few actually operational — including Liberland, Satoshi Island and Puertopia/Sol attracting interest from the blockchain world. Liberland While many head out to sea…

Bitcoin 7-month high ‘dominance’ has BTC price eyeing $25K — Will Ethereum spoil the rally?

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Bitcoin (BTC) is rapidly regaining its lost dominance in the crypto market so far into 2023. On Jan. 30, Bitcoin accounted for 44.82% of the total crypto market capitalization, the highest since June. In September, Bitcoin’s dominance index was as low as 38.84%. The index typically rises when most crypto investors reduce their exposure to smaller tokens and seek safety in Bitcoin. The reasons include Bitcoin’s better liquidity and lower volatility than alternative cryptocurrencies, or altcoins, primarily in a bear market. Bitcoin’s market dominance to grow further? As of Jan.…

How AI can make the metaverse a more interactive space

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The potential behind the metaverse is becoming greater as virtual and physical worlds converge. Market intelligence firm Contrive Datum Insights recently found that the global metaverse market is estimated to surpass $1.3 trillion by 2030. According to the study, this growth will be driven by newly adopted virtual economy trends, combined with the rise of both crypto and online games. Additionally, a recent survey conducted by CoinWire highlighted that the metaverse would likely reshape social lifestyles. CoinWire found that 69% of respondents believe that the metaverse will eventually modify social…

Gcore Joins Forces with Super Protocol Right Before the Testnet Phase Two Launch

Web3 confidential computing platform developer Super Protocol and the international leader in public cloud and edge computing services Gcore announce a partnership that adds new capabilities to the Super Protocol network of confidential computing providers. In less than a year the Super Protocol team developers with enterprise-grade solutions background and data protection industry experts have delivered a foundation for its platform poised to make confidential computing more affordable and ubiquitous. Most recent milestone – test network launch Phase One – is moving to a conclusion with a big developer competition.…

Top 5 Bitcoin documentaries to add to your watchlist

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Bitcoin documentaries play an important role in educating and informing the public about the cryptocurrency space. They can help to demystify complex concepts and technology, making them more accessible to a wider audience. Additionally, documentaries can provide a historical perspective on the development of Bitcoin (BTC) and the cryptocurrency industry, helping to contextualize current events and trends. By highlighting the potential benefits and drawbacks of Bitcoin and other cryptocurrencies, documentaries can also contribute to public discourse and decision-making. They can also help to raise awareness of issues, such as financial…