Day two of Web Summit began with a discussion around NFTs and the future of the metaverse, with major discussions lined up around Web3 throughout the day. Welcome back to the day two coverage of Web Summit, one of the leading tech conferences in the world, with over 71,000 attendees on day two. The summit...Continue Reading

Low volatility and high on-chain losses for Bitcoin, but overall UTXOs in loss still have a way to go to match previous market bottoms. Bitcoin (BTC) sellers may not have capitulated enough, but current trends are “typical” of the end of bear markets. According to data from on-chain analytics firm Glassnode, seller behavior suggests that...Continue Reading

Litecoin’s momentum indicators signal extremely oversold conditions, hinting at the formation of a potential market bottom. The price of Litecoin (LTC) could skyrocket by up to 200% by July 2023, coinciding with its halving event, reducing miner block rewards by 50%. Litecoin has bottomed out? Litecoin has undergone two halvings since its launch in October 2011. The...Continue Reading

OEV-enabled oracles auction off the right to extract on-chain value to the same third-party searchers who used to bid for the blockspace. A new oracle system aims to retrieve the additional fees paid by decentralized application (DApp) users to miners called maximal extractable value (MEV). It is the maximum value a miner can extract from...Continue Reading

A new NFT drop featuring music industry icons such as Snoop Dogg and Billy Ray Cyrus is bringing together music communities from across the genre spectrum, as well as blockchain networks. Nonfungible tokens (NFTs) are stepping into the next wave of Web3 with utility capabilities and community building at the forefront. A new collection from...Continue Reading

SHIB price is still in the danger zone against the U.S. dollar, despite not being as “overbought” as DOGE. Shiba Inu (SHIB) price can rise by nearly 150% versus its top meme-coin rival, Dogecoin (DOGE), in the coming months, based on a technical fractal. SHIB hits record low against DOGE The bullish setup appears as...Continue Reading

The Robinhood CEO also announced the brokerage firm’s plans to expand the Robinhood Wallet internationally in the months to come. Crypto and stock trading platform Robinhood highlighted lagging cryptocurrency revenue in the third quarter of 2022, though the results will do little to dampen its ambition to serve the market, its CEO says.  The trading...Continue Reading

The chair of Australia’s market regulator has warned that “action will be taken” on financial product issuers who promote risky products to a wide consumer base. Australia’s financial services and markets regulator has issued another glaring warning towards issuers of crypto-based financial products, particularly those inappropriately marketing high-risk products. Joe Longo, chair of the Australian Securities...Continue Reading

The European Union’s crypto regulation bill, set to be made law following some additional steps, contains a section that could impact many crypto influencers. The European Union (EU) bill aiming to regulate cryptocurrencies could result in crypto influencers being charged with market manipulation if they fail to disclose potential conflicts of interest. The Markets in...Continue Reading

Binance CEO Changpeng “CZ” Zhao says there is room for CBDCs and crypto, and that he didn’t see it as a threat to his company or the sector. Binance CEO Changpeng “CZ” Zhao appears to have softened his stance on central bank digital currencies (CBDCs), arguing in a conference that he doesn’t think CBDCs are...Continue Reading