Author: CryptoHoppers
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At the Hong Kong Web3 Festival, Cathie Wood of ARK Invest took the stage virtually alongside DC, head of HashKey Singapore and CEO of HashKey Capital, to dive into the future of blockchain and Bitcoin. DC kicked off the event expressing both pressure and excitement. Representing a firm with a deep portfolio including over a billion USD managed and more than 500 projects, he set an enthusiastic tone for the dialogue. Welcoming Wood, DC noted her extensive investment experience. In her response, Wood conveyed regret for not attending in person but shared her excitement and honor to participate. She recounted…
Bitcoin veterans realized profits on their BTC stashes. The dip in the on-chain spent output ratio could be a warning of a deeper correction. Bitcoin’s [BTC] SOPR metric formed yet another peak, and investors have reason to fear market volatility. The past ten days saw an uptick in selling pressure ahead of the halving as uncertainty set in. Long-term holders (LTHs) contributed to this pressure. Analysis of the liquidation heatmap in an earlier AMBCrypto report showed that the $66k-$66.8k region was an important short-term resistance. BTC has not crossed above this zone, heightening the chances of volatility in the coming…
The Dawn of Digital Artistry and Blockchain Brilliance Renowned digital artist Trevor Jones, a visionary in the fusion of traditional art with blockchain technology, is set to transcend boundaries with his latest project, CryptoAngels. This ambitious initiative is not merely an art drop; it’s a comprehensive ecosystem encompassing physical and digital realms, games, and a vibrant community engagement, promising to be a cornerstone event in the NFT landscape of 2024. The Journey of a Global Artist Trevor Jones, originally hailing from Canada, embarked on a global journey in 1996 that ultimately led him to Scotland, where his formal art education…
Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or principle. This court should reject them in their entirety,” Ripple stated. Ripple Files Opposition to […] Source link
Digital assets manager CoinShares says crypto product institutional investments suffered their second consecutive week of outflows last week. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products lost $206 million in outflows last week, bringing the two-week total outflows to nearly $312 million. According to CoinShares, investor interest in crypto exchange-traded funds (ETFs) and exchange-traded products (ETPs) is dipping as fears of an increase in interest rates rise. “Digital asset investment products saw outflows for the second consecutive week totaling $206 million, with trading volumes in ETPs dipping slightly at $18 billion. These volumes represent a…
SNX Price Prediction 2024-2033 Synthetix Price Prediction 2024 – up to $4.22 Synthetix Price Prediction 2027 – up to $13.8 Synthetix Price Prediction 2030 – up to $39.34 Synthetix Price Prediction 2033- up to $128.40 Synthetix is developing a decentralized liquidity provisioning protocol that is accessible to various platforms. It boasts substantial liquidity and minimal fees, making it an attractive backend for numerous protocols on both Optimism and Ethereum. Within the Synthetix ecosystem, platforms like Kwenta (offering Spot and Futures), Lyra (for Options trading), Polynomial (Automated Options), and 1inch & Curve (for Atomic Swaps) leverage Synthetix liquidity to enhance their…
There’s a feeling in the air that the crypto market is gaining momentum once again. With major developments like the bitcoin halving behind us, excitement growing around ETFs, and an energetic buzz around innovative projects, it seems like we may be approaching a new crypto bull run. If you’re a crypto business owner, this presents a big opportunity for you to get your name out there and attract some new users. But to do so, you’re going to have to find a way to stand out from the crowd. When there’s so much noise and activity happening in the space,…
Strategic Partnership Shapes the Landscape of Interactive Entertainment In a groundbreaking move, Animoca Brands Japan, a pivotal arm of the global Web3 giant Animoca Brands, has signed a memorandum of understanding with SQUARE ENIX, the powerhouse behind iconic game series such as “Final Fantasy” and “Kingdom Hearts.” This partnership aims to propel the marketing and global reach of SQUARE ENIX’s innovative NFT-based game, SYMBIOGENESIS, which features a collection of 10,000 NFT characters with intrinsic game utility. SYMBIOGENESIS: A New Realm of Fantasy and Interaction SYMBIOGENESIS, crafted by SQUARE ENIX, introduces players to a high fantasy world brimming with intrigue and…
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has unveiled his plan to put the entire U.S. budget on a blockchain. “Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day,” he explained, adding that if somebody is spending $16,000 for a toilet seat, everybody […] Source link