Bitcoin is considered the most successful cryptocurrency. It continues to entice investors who previously viewed gold as the de-facto inflation hedge and portfolio insurance. So is it a wise decision …
MoreFacebook to announce $50M investment fund tasked with developing its virtual metaverse
Facebook has announced it will allocate $50 million to a two-year fund tasked with beginning work on realizing the firm’s vision for a virtual metaverse. A Sept. 27 announcement articulates Facebook’s roadmap …
MoreInstitutional investors bought the dip as China FUD broke
Institutional investors were buying the dip on the back of China’s latest FUD, with digital asset investment products generating $95 million worth of inflows last week. According to CoinShares’ Sept. …
MoreIOHK to have huge plans for Cardano (ADA), including Dish, Chainlink partnerships
At the Cardano Summit over the weekend, Charles Hoskinson, founder of the Cardano blockchain developer Input Output HK (IOHK), announced a slew of partnerships with well-known brands. Among them, Hoskinson announced that after nine months …
MoreBitcoin (BTC) lightning nodes & channels hit record highs
The node count for Bitcoin’s leading layer-two solution, the Lightning Network (LN), has spiked to record levels following a surge of adoption. According to on-chain analytics provider Glassnode’s Sept. 27 Week …
More“Very bullish”: China’s cryptocurrency ban could be a boon for Bitcoin’s security
Great American Mining co-founder Marty Bent has opined that Chinese mining giant Bitmain moving its manufacturing operations from China to other countries would be “extremely bullish” for the largest cryptocurrency. Bent believes …
MoreMorgan Stanley to increase Bitcoin (BTC) exposure: buys 58K + GBTC shares more
Morgan Stanley – the global financial services mogul – continues to increase its exposure to Bitcoin through Grayscale’s BTC trust. Morgan Stanley continues to increase its exposure to Bitcoin. As CryptoPotato reported back …
MoreCardano (ADA), Alonzo, and 200 smart frozen contracts
Amongst the madness in broader crypto, along with Cardano’s substantial volatility, the Alonzo hard fork update for ADA has sought to provide a solution to maintaining its powerhouse status, and …
MoreA sixth of urban Indians are investors in crypto
India’s cryptocurrency craze could be set to grab a bigger share of the investment pie. According to a survey conducted by consulting firm Kantar, 19% of urban Indians intend to invest …
MoreFormer US treasurer to clarify her statement about XRP
U.S. Treasurer Rosie Rios has taken to Twitter to clarify her recent statement about XRP. She claims developers around the globe are working on a slew of other cases for multiple blockchains …
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