The Dubai-based venture capital firm said it plans to invest in 100 early-stage Web3 projects, 25 liquid tokens and 10 fund-of-fund allocations. Source link
Day: January 15, 2025
NFT’s worst year since 2020, CryptoPunks pump 13%: Nifty Newsletter
NFT trading plummeted in 2024, falling 19% in volume and 18% in sales, with prices and volatility on the rise. Source link
Bitcoin ‘power of 3’ setup targets $103K by President-elect Trump’s inauguration day
A “power of 3” pattern popped up on Bitcoin’s chart, suggesting that prices above $100,000 will occur before President-elect Trump takes office. Source link
VanEck files for new ETF investing heavily in crypto ETPs and digital transformation firms
Key Takeaways The VanEck Onchain Economy ETF aims to invest at least 80% in digital transformation companies and digital asset instruments. The ETF will primarily gain exposure through instruments like commodity futures and exchange-traded linked vehicles, not direct digital assets. Share this article VanEck, a prominent fund manager overseeing more than $118 billion in assets, is seeking SEC approval to launch a new ETF called “Onchain Economy ETF” that would invest heavily in digital asset transformation companies and digital asset instruments like crypto ETPs. The proposed fund, which would trade…
Judge orders BitMEX to pay $100M fine over US banking law violations
BitMEX has been hit with an additional financial penalty following its 2022 guilty plea for violating the US Bank Secrecy Act. Source link
‘Simply because we have plenty of money’
Key Takeaways Justin Sun announced USDD 2.0 will offer a 20% APY, subsidized by TRON DAO. Despite a market cap of $746 million, USDD remains far from competing with USDT and USDC. Share this article Justin Sun, founder of TRON blockchain, announced today that USDD 2.0 will offer a 20% annual percentage yield (APY), fully subsidized by TRON DAO. USDD 2.0 is about to launch with a 20% APY, fully subsidized by @trondao . All interest will be sent in advance to a transparent address. There’s no other reason—it’s simply…
SEC postpones listing decision for Bitwise crypto index ETF
The ETF aims to give investors exposure to a diverse basket of cryptocurrencies such as SOL, XRP and ADA, among others. Source link
How Should Bitcoiners View Quantum Computing?
In the early 2020s, quantum computing hit the public spotlight as a potential threat to Bitcoin. Relying on SHA-256 cryptographic hash function for its proof-of-work network consensus, Bitcoin’s value is predicated on computational power. If there is a technology that can circumvent the traditional binary system of 0s and 1s for units of information, there is potential to upend cryptography as we know it. But is that danger over exaggerated? Could quantum computing one day turn Bitcoin into a valueless piece of code? Let’s start by understanding why Bitcoin relies…
Price analysis 1/15: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, XLM, SUI
Bitcoin’s recovery to $100,000 is likely to be met with strong resistance, but if the bulls prevail, the next stop is near $108,300. Source link
Why Hundreds of Companies Will Buy Bitcoin in 2025
Matt Hougan, Chief Investment Officer (CIO) at Bitwise, has issued a bold prediction: hundreds of companies will buy Bitcoin as a treasury asset over the next 12 to 18 months. The shift, which Hougan describes as an “overlooked megatrend,” has the potential to significantly influence Bitcoin’s market trajectory. MicroStrategy: The Torchbearer of Corporate Bitcoin Adoption MicroStrategy, led by Michael Saylor, has become synonymous with corporate Bitcoin adoption. Though ranked only 220th globally by market capitalization, the company’s influence on the Bitcoin market is disproportionate. In 2024 alone, MicroStrategy acquired 257,000…