Bitcoin fragments could become more valuable than full Bitcoins

    Collectors known as “sat hunters” are collecting satoshis from rare Bitcoin — and those fragments may eventually be worth more than regular Bitcoin. Since January, there have been over 10 million inscriptions on the largest blockchain in the world, and this number continues to grow exponentially. To provide some context, the Ordinals Protocol allows for…

    Chinese city releases policy draft for metaverse industry development

    The policies include a series of cash benefits to attract metaverse-related companies to set up shop in the city. The capital of China’s Henan Province, Zhengzhou, on May 24, announced a series of policy proposals designed to provide support for metaverse companies operating in the region. As part of these initiatives, the municipal government intends to establish…

    How crypto funds shape the development of the digital asset market
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    A look at the role played by crypto funds in providing essential capital and liquidity, propelling the growth and expansion of the crypto market. A crypto fund is an investment fund that primarily focuses on investing in cryptocurrencies or digital assets. It allows investors to gain exposure to the crypto market without having to purchase…

    Pepe would be ashamed by PEPE investors

    Death threats, viral rap videos and a stream of frog-themed insults. That’s the state of my social media profiles after hosting a Twitter Space on May 8 about PEPE, the new token based on the “Pepe” meme. Poignantly hosted during a monumental PEPE price crash, Cointelegraph set out in the May 8 Twitter Space to understand…

    Friends and FOMO pushed newbie investors to buy crypto in 2022 — Survey

    A survey from the United States Financial Industry Regulatory Authority indicates that new crypto investors tended to be swayed by suggestions from friends, compared to equities or bond investors. Influence from friends and the fear of missing out (FOMO) were some of the reasons investors bought crypto for the first time in 2022, according to…

    VC funding into Web3 start-ups down 82% year-over-year: Crunchbase

    Crunchbase noted that while it has been a bearish start for Web3 start-up funding in 2023, “venture funding is down in almost every sector.” According to data from Crunchbase, venture capital (VC) funding into Web3 start-ups tanked 82% year-over-year (YoY), declining from $9.1 billion in Q1 2022 to $1.7 billion in Q1 2023. Crunchbase News…