Ether outshined Bitcoin in the cryptocurrency spot and derivative markets after the United States Nov. 5 presidential election and keeps gaining momentum, according to a Dec. 2 report by crypto exchange Bybit. In November, Ether “gained significant traction against BTC, as reflected by the sharp drops in the ratio between their spot prices,” Bybit said in its…
A massive startup network supported by global investment and local adoption has positioned India to spearhead Web3 innovation, according to a report on the country’s Web3 landscape. India currently hosts over 1,000 Web3 startups across the finance, infrastructure and entertainment sectors, according to a Hashed Emergent report released on Dec. 4 at the India Blockchain…
Bitcoin’s historic price milestone on Dec. 5, surpassing $100,000 for the first time, is ushering in a new era of digital wealth creation. This milestone may provide a potential solution to bridge the growing wealth gap, but it also raises concerns over its role in exacerbating wealth inequality. The Bitcoin price rose to a record…
An Emurgo executive says Blockchain networks must embrace interoperability to thrive. At India Blockchain Week 2024, Cointelegraph’s Arijit Sarkar spoke with Emurgo’s global head of business development, Amarpreet Singh, who highlighted the necessity of interconnected blockchain systems and stablecoins to drive widespread Web3 adoption. Singh said no matter what road a blockchain takes, it will…
Venture capital firm Andreessen Horowitz (a16z) has named key sectors within the crypto industry for the upcoming year, highlighting use cases for tokenization and the integration of artificial intelligence with blockchain technology as potential growth drivers. According to a16z’s report, applications based on AI and running onchain are expected to deliver at least three emerging trends across…
Mastercard announced on Dec. 4 that it had issued a license to Hong Kong-based cryptocurrency exchange Crypto.com to begin offering its pre-paid payments card services on the Mastercard network in the Gulf Cooperation Council (GCC) region, beginning with Bahrain in January of 2025. According to a blog post from Mastercard, once issued, cardholders will be…
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