Day: March 14, 2024

Crypto Market Cap Set to Triple by 2025

Bernstein, a leading global analytical firm, has forecasted a dramatic increase in the cryptocurrency market capitalization, suggesting it could surge to $7.5 trillion by the end of 2025. This bold prediction underscores a potential tripling from today’s $2.6 trillion valuation, spearheaded by significant growth in Bitcoin, the Ethereum ecosystem, and leading blockchains such as Solana […]

Meme Coin Rally Outshines Crypto Market

The meme coin market cap has surged by over 9% in the past 24 hours, overshadowing the broader crypto market, which experienced a slight downturn of over 0.2% during the same timeframe. This significant growth in meme coins, a sub-sector often viewed with scepticism by traditional investors, underscores a shifting dynamic in investor sentiment and […]

Ethereum’s Dencun Ushers in New Era of Low Fees

The Ethereum network’s recent Dencun upgrade has catalyzed a seismic shift in the landscape of Layer-2 (L2) networks, such as Optimism, Zora, and Base, bringing transaction costs to unprecedented lows. This groundbreaking update has not only reduced transaction fees significantly but has also introduced a level of efficiency that could reshape how we interact with […]

Tesla Eyes Dogecoin for Car Purchases

Elon Musk, the visionary CEO known for his futuristic ventures in space and electric vehicles, has once again made headlines, this time in the cryptocurrency sphere. During a recent visit to Tesla’s manufacturing plant, Giga Berlin, Musk hinted at the possibility of purchasing Tesla cars with Dogecoin, a statement that has sent ripples through both […]

MicroStrategy’s Bold Bitcoin Investment Move

MicroStrategy, the software firm now doubling as a “Bitcoin development company,” is making waves again in the cryptocurrency world with its latest strategic move. The company has disclosed plans for another substantial private sale, aiming to amass an even larger Bitcoin portfolio. This Wednesday, MicroStrategy announced its intention to offer $500 million worth of convertible […]

BNB Chain Levels Up: Rollup-as-a-Service Expands Layer 2 Ecosystem

BNB Chain, a leading blockchain network known for its smart contract functionality and Ethereum Virtual Machine (EVM) compatibility, has taken a significant step towards fostering innovation and scalability within its ecosystem. Today, they unveiled a novel solution: a rollup-as-a-service (RaaS) platform. This innovative offering empowers developers to construct custom Layer 2 networks atop BNB Smart […]

Hong Kong Dives Deeper: Phase Two of e-HKD Pilot Focuses on CBDC Innovation

Hong Kong is taking a significant leap forward in its exploration of central bank digital currencies (CBDCs). Today, the Hong Kong Monetary Authority (HKMA), the territory’s de facto central bank, launched the second phase of its e-HKD pilot program. This new phase will delve deeper into the functionalities of a digital Hong Kong dollar, focusing […]

Finder Wins in Australia: Court Rules Crypto Product Wasn’t a Security

In a landmark decision with significant ramifications for the Australian crypto industry, a court has ruled in favour of Finder Wallet in a lawsuit brought by the country’s financial watchdog, the Australian Securities and Investment Commission (ASIC). The lawsuit, filed in December 2022, centred around Finder’s Earn product, a program that offered consumers returns on […]