World’s Largest Bank ICBC Sees Bitcoin as Digital Gold — Calls Ethereum ‘Digital Oil’
The Industrial and Commercial Bank of China (ICBC), the world’s largest bank by total assets, recently compared bitcoin to digital...
Day: June 12, 2024
Bitwise Analysis: AI and Crypto Fusion Poised to Elevate Global Economy by $20 Trillion
Bitwise’s Senior Crypto Research Analyst, Juan Leon, predicts a transformative impact on the global economy as artificial intelligence (AI) and...
B2Broker’s New Generation Copy Trading Platform Shakes up the Market
According to an analysis by The Insight Partners, the copy trading market is predicted to increase from $2.2 billion to...
Crystal Intelligence Report Reveals $19 Billion Lost in Crypto Crimes Over 13 Years
In a comprehensive new report, Crystal Intelligence, a blockchain analytics firm, details a significant $19 billion in losses due to...
Report: Major Entities Hold Over 4 Million Bitcoin, Accounting for 27% of Supply
The latest Glassnode onchain report reveals that major labeled entities collectively hold approximately 4.23 million bitcoin, representing over 27% of...
New Viral Meme Coin Base Dawgz Raises $1M as Crypto Expert Forecasts 10x Potential
Base Dawgz (DAWGZ), a brand-new multi-chain meme coin, has raised over $1 million in its presale. And now, one prominent...
Ripple Completes Acquisition of Standard Custody & Trust Company
Ripple has completed its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian. This acquisition, announced by...
Meme Coin Economy Gains $4 Billion Capital Injection Ahead of Fed Meeting
The meme coin economy is thriving on Wednesday, ahead of the U.S. Federal Reserve meeting, as the sector saw nearly...
MetaMask’s Pooled Staking: Lowering the Barrier to Ethereum Staking
TLDR MetaMask has launched a new “pooled staking” feature that allows users to stake Ethereum (ETH) without meeting the 32...
zkSync’s ZK Token Airdrop Sparks Controversy Over Sybil Filtering
TLDR zkSync, an Ethereum layer-2 scaling solution, has faced criticism for its ZK token airdrop distribution. Critics claim the airdrop...
Ripple CEO Unveils New Stablecoin Name at XRP Ledger Community Summit
In a significant announcement at the XRP Ledger Community Summit (#XRPL Apex) held in Amsterdam from 11-13 June 2024, Brad...
Former Coinbase Business Developer: ‘There Wasn’t a Long-Term Case for Bitcoin Payments’
Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually...
Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet
Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse,...
Experts Say Dollar Dominance Debate Misses the Point, US Needs Economic Focus
Two experts have explained that the global debate on the future of dollar dominance misses the point because it doesn’t...
UBS Recommends Buying Gold Dips Amid Economic Uncertainty
The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends purchasing gold...
