Blackrock Holds 110K BTC, Kiyosaki Expects $100K BTC Soon, AI Crypto Assets Skyrocket, and More — Week in Review

Blackrock has significantly expanded its presence in the digital currency space, accumulating nearly 110,000 bitcoins for its Ishares Bitcoin Trust (IBIT) ETF. Robert Kiyosaki predicts bitcoin will reach $100,000 by June this year. The AI cryptocurrency sector has seen a remarkable surge, with over $10 billion added to its market value in just 17 days. […] Source CryptoX Portal

Let’s focus on real-world assets, not Bitcoin price

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The recent boon for Bitcoin’s price has given the market much reason to be happy. This year and the last one, the market has surprised us with an unexpected start-of-year rally. Traders and investors will be hoping this becomes an annual tradition. But while the consequences for this are almost universally positive for the digital asset sector, other areas offer true disruptive potential. Compared to Bitcoin’s positive…

Leveraging Web3 to Incentivize Fitness Behavioral Changes — Co-Founder of Sweat Economy Oleg Fomenko

The start of every year presents an opportunity for new beginnings. Many people set out with ambitions to hit the gym, exercise regularly, or walk more instead of driving. Sadly, it’s estimated that it takes the average American just seven weeks to lose motivation and abandon their New Year’s health goals. The following is an […] Source CryptoX Portal

SBINFT’s Jangdeok Ko Links the Surge in NFT Piracy to the Ease of Token Minting

Since Japan designated Web3 as a “national strategy,” an increasing number of traditional companies in the country have either merged or are contemplating integrating their businesses with Web3, Jangdeok Ko, the CEO of the non-fungible token (NFT) marketplace SBINFT, has said. Ko conceded however that many of these companies are still in the “trial-and-error stage,” […] Source CryptoX Portal

ECB Economists: Bitcoin Fails to Become Global Decentralized Digital Currency, BTC’s Fair Value Is Still Zero

The European Central Bank (ECB) has published a blog post claiming that “bitcoin has failed to fulfill its original promise to become a global decentralized digital currency.” The ECB economists who authored the post added that bitcoin’s fair value is still zero and bitcoin transactions are “still inconvenient, slow, and costly.” Moreover, they asserted that […] Original

Pantera Capital Predicts ‘Strong’ Crypto Bull Market Over Next 18-24 Months

American hedge fund Pantera Capital has predicted “a strong bull market” for cryptocurrencies over the next 18-24 months. “With the halving expected to occur in late April 2024, we believe the convergence of these positive things will provide strong tailwinds for the next bull market,” said Pantera founder Dan Morehead. Pantera’s Bull Market Prediction Pantera […] Source CryptoX Portal