In a recent report, investment management firm VanEck has made some bold predictions for the year 2024. According to VanEck, not only will Bitcoin reach new all-time highs, but the NFT market will also experience a peak, marking a significant transformation in the industry. VanEck predicts that Bitcoin will hit an all-time high in the
The European Union (EU) has made significant strides in regulating artificial intelligence (AI), solidifying its position as a global frontrunner. After three days of negotiations, the European Council and the European Parliament have reached a provisional agreement on what is set to become the world’s first comprehensive regulation of AI. This landmark agreement, known as
Chainlink (LINK), the blockchain data-oracle project, has experienced a remarkable response to its enhanced crypto-staking program, attracting over $632 million worth of LINK tokens in a short period of time. In this article, we will delve into the details of the program, explore the impact on LINK’s price, and analyze the potential challenges ahead. Chainlink
The U.S. Securities and Exchange Commission (SEC) recently held a meeting with Fidelity Investments to discuss the firm’s spot Bitcoin ETF application. This meeting, which took place on December 7, involved members from the SEC’s Division of Corporate Finance and representatives from Fidelity and CboeBZX. The main focus of the meeting was a proposed rule
The United States is currently in advanced stages of discussing the launch of spot Bitcoin exchange-traded funds (ETFs), according to unnamed sources cited by Reuters. The U.S. Securities and Exchange Commission (SEC) has reportedly started asking potential issuers of spot Bitcoin ETFs detailed and technical questions about their products. This move indicates that the regulator
In a groundbreaking partnership, Futureverse, a leading AI and metaverse technology company, has teamed up with the renowned sports culture brand, Reebok. This collaboration aims to revolutionize the digital fashion landscape by exploring the realms of artificial intelligence, Web3, and blockchain-based gaming within the metaverse. While Reebok has been a key player in the athletic
In the ever-evolving world of cryptocurrencies, new tokens constantly emerge, promising vast returns and potential for investors. One such token that has caught the attention of traders is SECT Bot (SECT), which has seen an astounding 50x increase in just 24 hours after its listing on Uniswap. Currently priced at $0.1870, SECT is the native
The market performance of Ethereum has been nothing short of remarkable in recent months. With increased buying activity and a surge in market optimism, Ethereum has continued to break through resistance levels and ignite a rally that shows no signs of slowing down. As the second-largest cryptocurrency with a market valuation of $285 billion, Ethereum’s
Binance, one of the world’s leading cryptocurrency exchanges, has experienced a significant decline in its Bitcoin balance in November. According to the latest proof of reserves report, the exchange’s Bitcoin holdings dropped by over 23,000 BTC, or roughly 4%. This decline coincided with Binance’s ongoing regulatory issues with U.S. authorities, which have put the platform
In a surprising turn of events, major cryptocurrency exchange Binance has recently withdrawn its application for certain operations in Abu Dhabi. This decision comes after the regulator, Abu Dhabi Global Market (ADGM), set conditions that Binance must meet in order to carry out these operations. While Binance’s spokesperson emphasized their commitment to working with regulators,
