In a noteworthy move for the cryptocurrency landscape, Hunter Horsley, CEO of Bitwise, recently communicated via social media that a Spanish bank has opted to invest 2% of its holdings into the Bitwise Aptos staking exchange-traded product (ETP). This investment is significant not only for Bitwise but also indicates a broader trend of traditional financial
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In an era where the lines between reality and digital experiences are increasingly blurred, technological innovations are paving the way for more immersive interactions. One of the most promising developments is Meta Motivo, the latest artificial intelligence model from Meta, designed to create virtual characters that mimic human behavior and movement. This leap in technology
Chainlink (LINK) has made waves in the cryptocurrency market by surpassing the $29 threshold for the first time in over three years. This notable milestone is evidence of a striking resurgence, with the token exhibiting a remarkable 21% increase in value over the past week alone. As a result, LINK has solidified its position as
GateToken, the native cryptocurrency of the renowned Gate.io exchange, recently reached an unprecedented peak, climbing to $13.79 despite the turbulence caused by rumors of a potential security breach. This dramatic rise in valuation offers a glimpse into the dynamics of cryptocurrency markets, where investor sentiment and market confidence can shift rapidly. As the price fluctuated
The Eigen Foundation has taken a significant step in enhancing the sustainability of Ethereum by pledging to allocate 1% of the EIGEN token supply to the Protocol Guild. This initiative exemplifies a strategic effort to bolster research and development within Ethereum’s Layer 1 infrastructure. By channeling resources into the Protocol Guild, the Eigen Foundation is
Ethereum (ETH) is once again capturing the attention of investors and crypto enthusiasts alike. Having recorded a notable recovery of 4.7% over the past 24 hours, Ethereum has managed to reclaim critical support areas that had previously been lost during market fluctuations. This recent uptick in price has generated a wave of bullish sentiment among
The evolution of the internet is entering a new phase with the rise of Web3 technologies, which encompass blockchain, decentralized finance (DeFi), and non-fungible tokens (NFTs). The recent Web3 Survey conducted by ConsenSys in collaboration with YouGov delves into the engagement levels and understanding of these technologies among a global audience. Spanning 18 countries and
Italy’s government recently found itself at the crossroads of fiscal responsibility and economic innovation, facing backlash over a controversial proposal to significantly raise taxes on crypto capital gains. Originally, the plan aimed to steeply increase the tax from 26% to a staggering 42% as part of the 2025 budget. This proposal, positioned as a means
In recent months, Ethereum has solidified its position as the predominant blockchain for Tether’s USDT, eclipsing Tron in a significant trend within the stablecoin sector. This change represents a pivotal moment in the ongoing competition among blockchain networks to establish dominance within the stablecoin ecosystem. Tether recently issued an astounding $20 billion worth of USDT
In 2024, Binance has set an impressive benchmark in the cryptocurrency exchange arena, showcasing an astounding total of $21.6 billion in customer deposits as reported on December 12. This milestone positions Binance far ahead of competitors, not just by a small margin, but significantly—its deposits exceed the cumulative total of the next ten largest exchanges
