Bookmarking Crypto Insights
On October 6, Grayscale Investments announced a new venture that gives accredited investors the opportunity to invest in the mining infrastructure that powers the digital asset ecosystem. According to the announcement, the co-investment vehicle is called Grayscale Digital Infrastructure Opportunities (GDIO), and the crypto mining firm Foundry will handle the new product’s operations. GDIO is … Read more
An analyst at the Bank of Canada has written a paper that identifies recurring patterns in CBDC models and how those patterns impact a list of performance criteria. Go to Source Powered by WPeMatico
An estimated $148.7 billion worth of stablecoins are still in circulation. Go to Source Powered by WPeMatico
Cryptocurrency markets continue to trade sideways throughout this week, with Bitcoin and Ethereum holding support at the $20k and $1,300 levels, respectively. The global cryptocurrency market remains unchanged at $963 billion this Thursday. Still, the good news is that trading volume is starting to increase, which could signal a potential upcoming bull run next week. … Read more
Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has announced that Sale B, or the public sale of the VERSE utility and rewards token, will begin on November 1, 2022. Verse will support people onboarding into Bitcoin and DeFi by rewarding them for … Read more
Analysts forecast a market size of $81.5 billion for Web3 by 2030, but the growth comes with obstacles along the way. Go to Source Powered by WPeMatico
The Ether futures premium remains negative, while options markets are pricing similar risks for bulls and bears. Go to Source Powered by WPeMatico
Over the last two days, Bloomberg Intelligence commodity analyst Mike McGlone published the firm’s commodity and crypto outlook reports, and McGlone’s latest analysis details that the price of gold could resume its rally after a foundation similar to 1999 is constructed. Moreover, as far as bitcoin and ethereum are concerned, the analyst argues that the … Read more
October has historically been a green month for Bitcoin, but will this trend continue, keeping in mind the current macro market conditions? Join us as we discuss this and more with our host, Joe Hall, and Rekt Capital, a crypto trader and analyst. Go to Source Powered by WPeMatico
Uniswap moved closer to its highest point since late August on Thursday, as the token extended recent gains. Today’s surge is the fourth consecutive day that prices have climbed, leading the token to break out of a key resistance level in the process. Solana was also in the green, recording a seven-day high as a … Read more
