Cryptocurrency Analysis and News Portal
Citi believes that the tokenization of financial and real-world assets on the blockchain platform would be a “killer use case” and could reach up to almost $4 trillion in value by 2030. Blockchain technology and crypto assets are making inroads into mainstream finance very fast as financial giant Citi acknowledges the
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Popular crypto veteran Arthur Hayes says it’s possible for Bitcoin to cross the $1 million threshold. Hayes believes that the Federal Reserve’s new Bank Term Funding Program will pump BTC massively. The $1 million projection became popular after former Coinbase executive Balaji Srinivasan made a public bet on the same. Arthur Hayes, the
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While several market strategists and analysts expect U.S. inflation to drop considerably in 2023 compared with last year, Michael Wilkerson, founder of Stormwall Advisors, thinks the inflation rate could climb as high as 12% by the end of this year. The country’s inflation rate has cooled down over the past
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Globant, a Luxembourg-based tech giant with Argentine origins, has referred to the short-term future of the metaverse in its latest Tech Trends report. According to the company, this year the metaverse will “burn bright or burn out,” as it needs to show its potential when compared to other trendsetting tech
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Advertising spending has reduced over the past year, contributing to the woes of Meta Platforms. However, Sorrell says the ease in the crackdown from Beijing is a positive growth factor for the US tech stocks.Martin Sorrell, the UK ad mogul and founder of the advertising agency, S4 Capital has weighed
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The World Economic Forum (WEF) has reviewed what happened in 2022 in crypto, making several predictions about the future of the ecosystem. Dante Disparte, CSO of Circle, in an article published for the WEF, states that while 2022 has been a terrible year, the building blocks of the industry will
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According to Mark Moss, the CEO of Market Disruptor, significant regulation is coming to the cryptocurrency industry following the aftermath of FTX’s collapse. He believes that future cryptocurrency bull runs probably won’t happen. However, Moss says that bitcoin will continue to see demand as it is “solving a problem that
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Vitalik Buterin, the co-founder of Ethereum, has recently criticized the controversial Bitcoin Stock-To-Flow (S2F) model that was popularized by PlanB, a pseudonymous Dutch institutional investor. This controversial Bitcoin S2F model garnered attention during BTC's bull run, where it was spot on with several price predictions. However, the model also made some incorrect
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The fall of crypto giants this year reignited questions about the stability of cryptocurrencies and their impact on fiat ecosystems. Hong Kong Monetary Authority (HKMA) assessed the situation and found that the instabilities of crypto assets, including asset-backed stablecoins, can potentially spill over to the traditional financial system.The HKMA assessment
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In 2018, the cryptocurrency world experienced a crypto winter that saw the value of assets fall below 70-95% of their original value.
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