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Fidelity Analyst Explains Why Bitcoin Adoption Is Slowing

Fidelity Investments’ Director of Global Macro, Jurrien Timmer, explains the recent slowdown in Bitcoin adoption. While he acknowledges Bitcoin as “exponential gold” and a potential store of value, Timmer highlights the divergence between the deceleration in Bitcoin’s network growth and its price movements. Network Growth vs. Price Gains Timmer emphasized that Bitcoin’s price is primarily […]

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Ethereum ETFs Approaching Full Approval, SEC Chair Indicates Summer End Timeline

In a significant regulatory shift, the US Securities and Exchange Commission (SEC) partially approved the long-awaited Ethereum ETF filings submitted by prominent asset managers three weeks ago, including BlackRock and Grayscale.  SEC Chairman Gary Gensler has indicated that full approval for these Ethereum ETFs could come by the end of the summer, providing much-needed clarity […]

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Investors May Be Leaving ETH For BTC

On-chain data shows that Bitcoin and Ethereum exchange supplies have gone opposite ways recently, a sign that a rotation may be on. Bitcoin’s Exchange Supply Has Gone Down While Ethereum’s Has Risen According to data from the on-chain analytics firm Santiment, the Supply on Exchanges metric has dropped to the lowest level since December 2021 […]

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7 Altcoin Projects Have Raised the Most Capital in 2024

In 2024, several altcoin projects have secured substantial funding, showcasing growing investor confidence in the cryptocurrency market. These initiatives are also attracting attention for their financial backing and for their potential to drive innovation and efficiency in the industry. Largest Altcoin Fundraises Leading the charge is Monad, which has raised $225 million. This new Layer-1 […]

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Pixelverse Raises $5.5M for Global Expansion of Web3 Gaming

Driving Mass Adoption with Innovative Gaming Pixelverse has attracted over 15 million registered users and more than 5 million daily active users within its first month of operation through its quest-based cyberpunk browser and Telegram games. Kori Leon, COO of Pixelverse and former Binance Listing team member, commented on the funding, “Never in my time […]

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Apple is reportedly getting free ChatGPT access

Apple’s newly-announced partnership with OpenAI – which brings ChatGPT capabilities to iOS 18, iPadOS 18, and macOS Sequoia – comes without any direct money exchange. According to a Bloomberg report by Mark Gurman, “Apple isn’t paying OpenAI as part of the partnership.” Instead, the Cupertino-based company is leveraging its massive user base and device ecosystem […]