Tim Draper sought to persuade the government and central bank to accept bitcoin. Sri Lanka’s GDP shrank by 8% in 2022 and its benchmark inflation rate was 54.2% in Jan. While in Sri Lanka this week to film an edition of his “Meet the Drapers” TV programme with local businesses, billionaire investor and venture capitalist […]
Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High
The meme coin economy has grown significantly over the past 27 days, increasing 34.52% against the U.S. dollar. The largest meme coin by market capitalization, dogecoin, has risen 29.5% in the past month, while the second-largest meme coin, shiba inu, has jumped 71.9% in 30 days. Since Jan. 9, 2023, the overall value of the […]
Visa’s crypto strategy targets stablecoin settlements
At the StarkWare Sessions 2023, Visa’s Cuy Sheffield shared the company’s vision for digital assets.
MicroStrategy Records 8th Consecutive Quarterly Loss After $198M BTC Impairment Charge
American business intelligence company MicroStrategy has recorded another quarterly loss after calculating the value of its Bitcoin portfolio. According to a Bloomberg report, MicroStrategy recorded a net loss of $249.7 million, narrowed down to $21.93 a share, in Q4 2022. The firm’s revenue declined by 1.5% to $132.6 million, going lower than the estimated drop. […]
Ethereum: Understanding the Zhejiang angle in the Shanghai upgrade
Public testnet launched before Shanghai upgrade activation. There was an increased interest from validators in the Ethereum ecosystem. The launch of Ethereum‘s Zhejiang testnet on 1 February marked an important milestone in the journey towards the Shanghai upgrade. Zhejiang is different from previous Ethereum testnets as it is open to the public, allowing anyone to […]
StarkWare to Open Source Its Ethereum Scaling Solution
StarkWare – a company focused on Ethereum scaling – will open-source its Zero-Knowledge (ZK) software. StarkWare announced today that it plans to open-source its STARK Prover – the engine that’s designed to generate cryptographic proofs that compress hundreds of thousands of transactions for submission to Ethereum in fewer kilobytes than a smartphone photograph. This is […]
The potential NFT loan market, accessing liquidity through digital assets – SlateCast 51
SlateCast 51 began with a conversation regarding developments in the crypto world and the impact of downturns on the industry. Host Akiba and guest Justin Bram of Astaria discuss a new project called Astaria which aims to unlock instant liquidity for every on-chain asset. Astaria will launch an NFT lending marketplace where people can borrow […]
NFT Market Remains Resilient With 1.23% Increase in Sales, Ethereum Dominates With 81% of Total NFT Settlements
Non-fungible token (NFT) sales rose slightly last week, increasing 1.23% to $232.49 million in recorded sales. The top two NFT collections, Otherdeed and Doodles, saw growth of 44% to 58% compared to the previous week. Ethereum continues to dominate the NFT industry, accounting for more than 81% of total sales last week with $188.51 million […]
Op-ed: Why open interest and trading volume are so important in options trading
Cryptocurrency options trading has become a hot topic in the investment world as more and more people seek to profit from the exciting and fast-paced world of digital assets. Even amid an incredibly tough period for cryptocurrency trading, crypto options are faring incredibly well – with trading volume in Bitcoin options alone reaching a level […]
Further Price Hikes for Bitcoin Were Recorded Last Month
The bitcoin boom continues as more time in January was able to bring the world’s number one digital currency by market cap beyond the $19,000 mark, something the currency hadn’t seen since November of 2022. Bitcoin Is Growing Like Crazy January has brought on a certain degree of healing for most digital currency investors and […]