Bloomberg Intelligence’s senior commodity strategist says bitcoin “may be entering an inexorable phase of its migration into the mainstream.” In addition, the cryptocurrency may also “be entering unstoppable maturation stage,” the strategist added, expecting the price of bitcoin to continue to rise over time. Bitcoin’s ‘Unstoppable Maturation Stage’ Bloomberg Intelligence’s senior commodity strategist Mike McGlone provided his outlook for bitcoin […]

Summary Crypto exchange Binance powered over half of the total spot trading volume in the last 24 hours, per data from The Block Research. Changpeng Zhao’s exchange also leads trading volume for crypto derivative products. The platform is miles ahead of other exchanges with the closest competitor being Upbit. Binance.US also edged ahead of FTX.US in spot trading volume. Leading […]

Solana’s flagship smartphone Saga will be a game-changer in the industry giving developers a new alternative.  Though a notable achievement, Anatoly Yakovenko expects sales between 25,000 to 50,000 units next year.   Developers have heaped praise on the new smartphone for integrating crypto features in its push for wider adoption of web3. Solana jumps into smartphone hardware with hopes to take […]

The CEO of FTX, Sam Bankman, stated on Twitter that the exchange will not compensate users who have been phished by fake versions of other companies. SBF later added that the firm would compensate the phishing victims “one last time.” The CEO of the leading cryptocurrency exchange  Sam Bankman-Fried has declared that he will not make a habit of compensating […]

The global crypto community has started to redirect its interest from Bitcoin (BTC) to Web3, according to Google search trends. In order to keep up with decade-long innovations spanning from blockchain-based applications to nonfungible tokens (NFTs), crypto investors and enthusiasts rely on searching the web — disclosing their true sentiments in real-time. Most recently, searches for the term “Bitcoin dead” reached […]

Japan Credit Bureau (JCB), a Japanese analog to international payments systems like Visa or Mastercard, announced the start of its central bank digital currency (CBDC) infrastructure testing. The project will assumably prepare the payments platform for a national CBDC, which is currently being tested by the Bank of Japan (BoJ).  The infrastructure project, announced by the company in local media, will […]

FTX CEO Sam Bankman-Fried (SBF) said the rise of Binance stablecoin BUSD could spark the “Second Great Stablecoin War,” given how fast its market cap has surged over recent months.  Bankman-Fried’s recent comments come a month after Binance pushed ahead with plans to auto-convert a host of stablecoins supported on its exchange into BUSD on Sept. 6, — which has seen […]

As NFT royalties continue to be widely discussed and debated, DeGods NFT creator Frank shared his own proposal on how to address the royalties fiasco. According to his plan, Frank envisions a new token standard that prevents NFTs from interacting with a list of blacklisted contracts. The list may include smart contracts of marketplaces that evade creator fees. He also […]