Nokia’s Technology Strategy 2030 report revealed the company’s plans to invest heavily in its network equipment and services portfolio over the coming years. Telecoms infrastructure firm Nokia anticipates a spike in network demand owing to upcoming advances in metaverse, Web3 and artificial intelligence (AI), and plans to fill this gap by 2030. Nokia’s Technology Strategy...Continue Reading

BTC price returns are already hitting records with Bitcoin eyeing an attack on all-time highs after preserving $60,000. Bitcoin (BTC) is still short of all-time highs after its incredible February gains, but bulls have already set a new record. In a post on X (formerly Twitter) on Mar. 1, Checkmate, the pseudonymous lead on-chain analyst...Continue Reading

Deribit and Coinbase Institutional reported record highs for crypto derivatives activity and trading volumes this week. Daily trading volumes for crypto derivatives such as options and futures have surged this week hitting record highs on a number of exchanges.  The crypto derivatives exchange Deribit said in a Feb. 29 X post that its 24-hour trading...Continue Reading

Head analyst Mitchell Askew of Blockware Solutions said a similar “divergence” occurred twice in 2023, which resulted in a “great opportunity” to buy mining stocks at a discount. Bitcoin mining stocks have tanked as much as 27% over the last three trading days despite a recent Bitcoin (BTC) rally that saw the asset nearly top...Continue Reading

The price of Bitcoin stumbled amid a big day of Grayscale’s ETF outflows. JPMorgan analysts think more price corrections are coming post-halving. Bitcoin (BTC) fell over 3% from its 24-hour high as investors in Grayscale’s spot Bitcoin exchange-traded fund (ETF) dumped $598.9 million from the fund on Feb. 29 — its second-largest net outflow on...Continue Reading

“Centralization means that you have concentrated risks,” said Hester Pierce speaking at ETH Denver. United States Securities and Exchange Commission Commissioner Hester Pierce has advocated for more decentralization in the U.S. financial system, along with a softer approach to crypto regulation and enforcement.  Hester Pierce, also known as ‘Crypto Mom,’ closed her fireside chat with...Continue Reading

The House Financial Services Committee has voted to advance a resolution that could overturn the controversial Staff Accounting Bulletin No. 121. The House Financial Services Committee (HSFC) has voted in favor of a resolution that seeks to overturn a United States Securities and Exchange Commission guideline that has prevented banks from getting in on crypto...Continue Reading

Bitwise’s CIO Matt Hougan’s comments come as Bank of America’s Merrill Lynch and Wells Fargo reportedly started offering spot Bitcoin ETFs to its wealth clients. Spot Bitcoin exchange-traded funds (ETF) could soon see an “even bigger wave” of institutional capital once the “major wirehouses” offer Bitcoin (BTC) ETF trades, according to Bitwise. “I think there’s...Continue Reading

The around 180,000 Blast users have initially withdrawn $280 million from the network after its mainnet launch unlocked billions of staked crypto for the first time. The Ethereum layer-2 Blast launched its mainnet on Feb. 29 at 9:00 pm UTC unlocking nearly $2.3 billion in staked crypto previously locked up on the network, with about...Continue Reading

The new open source ZK prover aims to reduce latency and reduce transaction costs for end users. StarkWare has announced the launch of Stwo, an open-sourced prover based on zero-knowledge (ZK) technology that aims to increase proving latency and reduce transaction fees for end users. A prover is needed on Starknet to compress transactions by...Continue Reading