The Sandbox metaverse platform is confident to add 3 to 4 million users in the next two years from India through the BharatBox platform. India, a fast-growing country that has adopted the digital industry to improve its economy, has attracted notable global Web 3.0 companies in the past few years. Despite the country’s regulators implementing punitive 30 percent tax rates on digital currencies profits, the Web 3.0 industry is preparing for the highly anticipated bull cycle to avoid running into bankruptcy. Moreover, the crypto bear market has taken several firms…
Category: Reviews
Bitcoin ETF to Push BTC Price Above $50,000, Says Matrixport Research
Many Bitcoin fans have ambitious predictions for 2024 and if the token is about to hit $50,000 in the first month of the year as Matrixport says, higher milestones might be in view. A Bitcoin ETF has been one of the most coveted milestones in the crypto industry for years. Some of the biggest companies in the space have applied for the ETF and all have been rejected thus far. But BlackRock seems to be in the final stages of its application and seems like a shoo-in for approval. This has…
Polkastarter Announced Initial Dex Offering with Overlay Protocol and $OV Tokens
The Overlay Protocol has the ability to create instant liquid markets without relying on traditional liquidity providers (LPs) or third-party market makers. In a major development, the popular decentralized fundraising platform Polkastarter announced the launch of the Initial DEX Offering – Overlay Protocol. Overlay Protocol has emerged as a decentralized perpetual futures protocol revolutionizing the trading landscape. Facilitated by its native token $OV, Overlay Protocol enables users to engage in long and short positions on diverse data streams. Thus, it eliminates the need for counterparties and effectively addresses liquidity challenges.…
Warner Bros Discovery and Paramount Global Reportedly in Early Merger Talks, WBD and PARA Shares Down
The media shake-up has intensified amid changing advertising trends fueled by the rise of X platform backed by tech billionaire Elon Musk. Warner Bros Discovery Inc (NASDAQ: WBD) and its media rival company Paramount Global (NASDAQ: PARA) are reportedly in early merger talks, according to people familiar with the matter. The two media houses intend to come together and strengthen their economic outlook amid the changing market landscape. Reportedly, Warner Bros Discovery CEO David Zaslav and Paramount CEO Bob Bakish met on Tuesday to discuss the details of a possible…
Finance Expert Says Explains Why XRP Is A Scam
A finance expert and Bitcoin maximalist has taken a major dig at XRP as he labeled the crypto token a “scam.” The expert outlined several reasons why he holds this opinion, although he seemed misguided in some. Why XRP Is A “Scam” In a post shared on his X (formerly Twitter) platform, finance expert Rajat Soni mentioned XRP not being decentralized as one of the reasons he believes the crypto token is a scam. He seemed to suggest that Ripple Labs solely controlled the XRP Ledger as he noted that…
Elastos Floats Bitcoin Layer 2 Offering to Maximize BTC Staking Demand
Elastos aims to use BeL2 to allow users to stake their Bitcoin holdings directly on the service. Blockchain network Elastos may have devised a strategy to take advantage of the current high demand for Bitcoin (BTC) staking on its platform. This follows after it launched BeL2, a Bitcoin layer-2 network, in a supposed effort to retain the billions of dollars in BTC volumes that currently flow from the staking tools it offers. According to Elastos developers, BeL2 is an upgrade to the base Bitcoin blockchain. And that is especially true…
Bitcoin to Hit $160K in 2024 after Halving, Spot ETF Approval, Fed Interest Rate Cuts: CryptoQuant
CryptoQuant says factors like the halving, ETF, approval, and rate cuts, could push Bitcoin to $160K next year. Analysts are bullish on the potential of Bitcoin (BTC) for next year, indicating several factors that could pump the price to $160,000. According to a blockchain analytics firm CryptoQuant report, Bitcoin may already be on its way to more than double its current all-time high (ATH). Multi-Factorial Push for Bitcoin, According to CryptoQuant CryptoQuant highlighted several indicators, including the upcoming Bitcoin halving in April, increased network activity as demand rises, and recorded…
ZKFair Releases First Community-Owned ZK L2 Along with 100% Airdrop
The ZKFair initiative emerges as a community-driven response to injustices and challenges in the Zero-Knowledge (ZK) landscape. It introduces transformative features and a vision for a fairer, more inclusive ZK Layer 2 network. In response to perceived injustices, inflated valuations, and domination by venture capitalists within the Zero-Knowledge (ZK) landscape, a transformative movement has emerged. Introducing the ZKFair initiative, this community-driven effort seeks to rectify the imbalances and usher in a fairer, more inclusive ZK ecosystem. ZKFair launched its testnet earlier this month on December 6th. The anticipated Mainnet release…
Polkastarter Announces Ambitious Plans for 2024 amid POLS Price Surge
Polkastarter outlined its mission for 2024, which is to level the playing field for a fairer financial system. Polkastarter (POLS), a popular decentralized fundraising platform, has stated its ambitious plans for 2024 and highlighted that it would be its best year yet. With an optimistic outlook, Polkastarter aims to revolutionize early-stage fundraising and make Web 3.0 innovation accessible to everyone. The vision for the upcoming year includes a slew of exciting updates and features that will enhance the user experience and reinforce Polkastarter’s commitment to fairness and community engagement. Polkastarter’s…
Bitcoin Spot ETF Is Biggest Development on Wall Street in Last 30 Years, Michael Saylor Says
By removing barriers that have discouraged participation, Saylor predicts that Bitcoin spot ETFs will lead to a surge in demand as previously untapped capital flows into the limited cryptocurrency market. According to MicroStrategy Chairman Michael Saylor, the upcoming Wall Street launch of Bitcoin (BTC) spot exchange-traded funds (ETFs) is a significant event. Saylor recently stated on Bloomberg that he believes these new funds could be the most significant development in the investment world in the last thirty years. Similarly to the introduction of S&P 500 index funds in the early…