Crypto stocks tumbling at year-end was a ‘healthy’ pullback: Analyst

    Disclaimer: A previous version of this story inaccurately stated the stocks tumbled on the first day of trading in 2024, instead of the last trading day of 2023.  Major crypto and Bitcoin mining-related stocks, which tumbled as much as 17% on the last day of trading in 2023, were simply part of a “healthy pull…

    Bitcoin ETF launch may ‘let down’ but could attract trillions over time

    The launch of spot Bitcoin exchange-traded funds (ETFs) won’t likely have much impact on Bitcoin, but could eventually bring in trillions of dollars to the cryptocurrency, according to VanEck adviser Gabor Gurbacs. In a Jan. 1 post to X (formerly Twitter), Gurbacs argued the “initial impact” of a Bitcoin ETF is being drastically overestimated — estimating…

    Crypto entrepreneurs: Top winners and losers of 2023

    2023 saw prominent figures within the realm of cryptocurrency embarking on diverse paths, contributing to the many ups and downs of the ecosystem. While some recorded tremendous successes, others saw their empires fall — despite favorable expectations. Here are some of crypto’s greatest winners and biggest losers of 2023. Winners In a climate that offered…

    DeFi project aims to unlock a multibillion-dollar market with new DeFi Debit Card

    DeFi offers anonymity and a global reach but lacks user experience and more use cases for everyday scenarios. Retik Finance launches a DeFi debit card to bridge decentralized finance to traditional spending. In the dynamic world of digital finance, decentralized finance (DeFi) stands on the periphery of mainstream financial engagement. Its innovative promise is often overshadowed by…

    Vitalik Buterin reveals Ethereum game plan for 2024

    Ethereum founder Vitalik Buterin has shared the Ethereum roadmap for 2024, admitting that there are only minor changes compared to last year. In a series of posts on X (formerly Twitter), Buterin outlines that the continued focus for Ethereum in 2024 is on six main components. Furthermore, in a detailed chart with annotations and diagrams, Buterin elaborated on…

    GameFi opportunities and challenges in 2024

    GameFi could be set for a landmark year, with several Triple-A (AAA) titles scheduled for release. Could 2024 be the year that blockchain shakes up the traditional gaming market? GameFi titles haven’t always enjoyed the best reputation with the general gaming public. Critics of the genre point to lackluster graphics, uninspired game mechanics and a…

    Invesco Galaxy, Bitwise, WisdomTree, Fidelity join BTC ETF revision rush

    The hopefuls in the race toward a spot Bitcoin exchange-traded fund (ETF) waited until the very last minute to submit the final versions of their S-1 form applications on Dec. 29. They trickled into the United States Securities and Exchange Commission (SEC) throughout the day, with Invesco Galaxy, Bitwise, WisdomTree and Fidelity coming in after BlackRock, Van…

    Crypto landscape: ten years of growth, change, advances and retreats

    While some digital assets have stood the test of time, others have tumbled below the thousands of new digital currencies that exist today. Price of Bitcoin on Christmas Day 🎄 2023: $43,2542022: $16,8492021: $50,8882020: $23,7602019: $7,2662018: $4,0212017: $14,3022016: $8942015: $4562014: $3182013: $669 — CoinGecko (@coingecko) December 25, 2023 On Dec. 28, the total market capitalization…

    Vitalik Buterin wants to ‘make Ethereum cypherpunk again’

    Ethereum needs to reignite the “cypherpunk” revolution that was first envisioned for the blockchain in its early days, says Vitalik Buterin, one of the network’s founders. According to Buterin, Ethereum was initially envisioned as a “public decentralized shared hard drive” that could leverage peer-to-peer messaging and decentralized file storage, but the vision began to fade…

    Avalanche Foundation is about to start buying memecoins for the ‘culture’

    Avalanche Foundation — the nonprofit organization that oversees the development of the Avalanche Network — says it’s planning to buy memecoins with its $100 million NFT incubator fund. In a Dec. 29 post to X (formerly Twitter), the Avalanche Foundation said the new move will form part of its “Culture Catalyst” initiative — a $100 million…