Day: December 20, 2023

Institutional Investors Increase Bitcoin Appetite Ahead Of Spot ETF, Report Shows

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A report by K33 research analysts has provided insight into how much institutional investors’ appetite for Bitcoin has increased ahead of a potential approval of a Spot BTC ETF. The research firm emphasized a particular indicator to drive home their point and provided further insight into what the future holds if these ETFs get approved. The Derivatives Market: An Indicator Of Institutional Interest  In Bitcoin In the report written by K33’s Senior Analyst Vetle Lunde and Head of Research Anders Helseth, they noted that the derivatives market was important as…

China Ministry of Science and Technology Vows to Clarify Web3, NFT Development Path

The strategy document would handle the issues of inheritance, innovation, security and government obligations, the department, along with the Chinese Academy of Sciences, and the China Association for Science and Technology, said. Plus, the ministry plans to strengthen interaction between relevant departments to promote Web3 innovation, deploy further research and strengthen talent in the industry. Source

Lynex Integrates dLIMIT and dTWAP Protocols

Thanks to a new integration with Orbs-based dLIMIT and dTWAP protocols, users of the popular DEX Lynex can enjoy limit and TWAP orders. Popular Linea-based DEX Lynex has announced the integration of both dLIMIT and dTWAP protocols into its platform. dLIMIT and dTWAP are decentralized, permissionless DeFi protocols based on the Orbs network and both offer a plethora of benefits for Lynex users. How dLIMIT and dTWAP Benefit Lynex Thanks to this new integration, traders on Lynex can break orders into smaller bits through TWAP orders and guarantee prices for…

AI Integration And A Potential Plot Twist In 2024?

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As 2024 approaches, crypto analytics firm Nansen offers insightful predictions for the crypto sector, anticipating significant developments and shifts. Despite cautious optimism, they acknowledge a 10-20% chance of inflation resurgence after the US Federal Reserve (Fed) pivot, potentially impacting crypto prices. Related Reading: Ethereum Price Close Below $2,120 Could Spark Larger Degree Decline As of this writing, the total crypto market capitalization is $1.5 trillion on the daily chart and seems poised for further upside in the long run. Crypto total market capitalization trends to the upside on the daily…

Immutable Debuts New Crypto Wallet ‘Passport’ for Online Gamers 

The launch of Immutable Passport comes shortly after the company introduced a new gaming solution that allows developers to build games that eliminate transaction fees. Blockchain gaming developer Immutable has announced the official release of its new wallet infrastructure, named Immutable Passport. In a recent announcement, the company revealed that Passport is an innovative universal sign-on and wallet solution designed to streamline player access to online games and marketplaces. The new product allows users to move their identities, game achievements, and digital assets from one platform to another without the…

Coinbase Builds Runway for Mass Adoption of Crypto Assets and Web 3.0 Industry

With about 425 million owning crypto and more than 80 percent of G20 countries moving towards enabling digital assets, Coinbase is confident the industry will unlock economic freedom to billions of users. The cryptocurrency industry has continued to evolve with the market needs and the fast-changing global regulatory landscape. The trillion-dollar industry is preparing for mass adoption with about 425 million global investors owning various crypto assets. Moreover, more governments around the world have been perpetuating poor monetary policies that weigh heavily on ordinary investors over the years. With Bitcoin…

Crypto prices rising, Bitcoin broke above $40k after 578 days

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. On Dec. 7, according to sources cited by Reuters, discussions between the Securities and Exchange Commission (SEC) and asset management companies applying for spot Bitcoin ETFs delved into key technical details, indicating that the agency may soon approve these products.  Some of these details include regulatory arrangements, subscription, and redemption mechanisms.  According to insiders, anonymity was requested as the discussion was conducted privately. A spokesperson stated that BlackRock did…

Bitcoin holders experience $500b wealth surge in 2023

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Bitcoin’s market capitalization has experienced substantial growth in 2023, rising from $320 billion to $827 billion, an increase of $500 billion for BTC holders, Matrixport says. In a recent report by Matrixport, the Singapore-headquartered crypto investment firm argues that significant attention should be given to the pivotal role of U.S. inflation as a critical variable in the accumulation of Bitcoin wealth. Over the last year, official inflation in the US has decreased from 8% to 3.1%, with analysts expecting a further decline to 2% in 2024. Despite the Federal Reserve…

Affirm Expands to Self-Checkout at Over 4,590 Walmart Stores, AFRM Stock Jumps 15%

The collaboration between Affirm and Walmart is expected to increase the purchasing power during the end-of-year festive season as more shoppers can pay over time. Affirm Holdings Inc (NASDAQ: AFRM), an American financial technology company that offers buy now pay later (BNPL) services for online and in-store purchases, has announced a strategic partnership with Walmart Inc (NYSE: WMT) to expand their services during this holiday shopping season. According to the announcement, Affirm has now expanded its buy now, pay later services to self-checkout Walmart kiosks at over 4,500 Walmart stores…

VESA Podcast Ep.I – David Orban

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Today we’re taking a look at an important first. It is the start of the VESA Podcast, and as the first guest, we meet David Orban, who was generous with his time to record this conversation. A previous iteration of a podcast was already started in 2017, with some notable guests like Charlie Lee, but now the time was right for a rebrand and a jump up to speed on connecting with people in the scene. It was also a blessing in disguise that the zoom recording of this podcast…