The price of Bitcoin has managed to maintain its position at $43,000, showcasing a solid gain of over 2.2% on February 1. This remarkable resilience can be attributed to the strong inflows witnessed by spot Bitcoin ETFs, continuing to attract investors even after 20 days since their launch. However, while the cryptocurrency market remains relatively stable, regional banks in the
In a significant milestone for the evolution of Web3 gaming, Planetarium Labs, the team behind the blockchain-based RPG Nine Chronicles M, has unveiled the highly anticipated ‘Prelude to Guild War’ event. This event marks a crucial step forward in redefining the gaming landscape by seamlessly integrating blockchain technology with immersive gameplay. The guild battle in Heimdall Arena in Season 3
Velar, a Bitcoin-focused decentralized finance (DeFi) platform, has successfully secured a substantial $3.5 million seed fund. The funding will be utilized to launch the world’s first Perpetual Decentralized Exchange (PerpDEX) on the Bitcoin (BTC) network. With this initiative, Velar aims to tap into the significant $800 billion dormant liquidity within Bitcoin’s DeFi ecosystem, offering BTC holders similar value propositions and
In a significant development, Solana (SOL) has surpassed Ethereum (ETH) in 24-hour DEX volume, marking a pivotal moment in the decentralized finance (DeFi) space. This article delves into the performance of Solana and Ethereum, examining their weekly and daily volume figures, highlighting the dynamic nature of the DeFi landscape, and speculating on potential price rallies fueled by the crisis at
As finance professionals and artificial intelligence experts are already discovering, great things happen when AI and Bitcoin work together. The remarkable collaboration between these powerful technologies is revolutionizing the cryptocurrency landscape, offering a range of benefits from fraud detection to market insights and user support. In this article, we will delve into the various facets of this synergy and explore
Blockchain technology is revolutionizing various industries by disrupting traditional centralized systems and offering innovative solutions. From cloud storage to supply chain management, blockchain platforms are reshaping processes and delivering secure, transparent, and efficient solutions. This article explores the transformative potential of blockchain technology and highlights specific examples that showcase its impact. Additionally, Proffitt’s role in educating and guiding businesses in
The global payment and transfer system has witnessed the emergence of various blockchain platforms, but one platform that stands out with enormous potential to revolutionize the industry is Fantom. With its advanced technology and exemplary focus on handling ERC-20 transfers, Fantom has captured the attention of financial experts and highlighted the broader potential of blockchain in the financial sector. Fantom’s
In the evolving landscape of finance and technology, the concept of tokenized assets has gained significant traction. Tokenized Treasuries, defined as digital representations of U.S. Treasury securities on the blockchain, have emerged as a compelling innovation. This article explores the growing interest in tokenization and the potential benefits it offers to investors and markets alike. Tokenized Treasuries: Digital Representation Tokenized
Jupiter has garnered significant attention as a decentralized trading aggregator that operates on the Solana blockchain. This innovative platform aims to provide users with seamless access to multiple decentralized exchanges (DEXs) and liquidity pools, enhancing trading efficiency and reducing costs. Now, the announcement of its native token, JUP, further propels its growth and ecosystem development. Revised Circulating Supply Initially planned
MetGain has garnered attention and prominence in the blockchain funding platform industry due to its unique features and comprehensive solution. In a saturated market, MetGain stands out by offering a platform that caters to lenders, investors, and fundraisers, with a focus on crowdfunding projects and facilitating borderless transactions. Comprehensive Solution for Lenders, Investors, and Fundraisers MetGain positions itself as a
In a groundbreaking collaboration, a partnership between Visa and Transak aims to transform the way cryptocurrencies are exchanged for fiat currencies. By leveraging Visa Direct, users can now withdraw cryptocurrencies like Bitcoin directly from a wallet such as MetaMask to a Visa debit card, eliminating the need for centralized exchanges. Integration with Visa Direct The integration with Visa Direct brings
Artificial Intelligence (AI) has emerged as a game-changer in the financial technology (FinTech) sector, and its latest generation, Gen AI, is transforming the way we interact with our finances. With groundbreaking advancements, Gen AI is reshaping the landscape of the industry, introducing innovative changes, and revolutionizing various aspects of FinTech. Artificial Intelligence, especially Gen AI, is disrupting traditional practices in
