6 Predictions for Crypto in 2024: Pantera’s Paul Veradittakit
Tokenized social experiences, TradFi bridges, DePIN, DeFi Summer #2, and more.Source
Author Archive for: GRYZUoDLu7t8z22
Entries by GRYZUoDLu7t8z22
Stacks’ STX Soars 27% on Positive Comments From Tim Draper
Stacks [STX], the native token of Stacks Network, rose by 25% on Wednesday on the back of praise from legendary investor Tim Draper.Source
Crypto Accounting and Tax Reporting Platform TRES Raises $11M to Add New Blockchains
TRES currently services clients with combined assets worth $19 billion, helping them manage, monitor and reconcile their digital asset activity across over 100 layer-1 and layer 2-blockchain networksSource
First Mover Americas: BlackRock, SEC Discuss ETF Listing Rules
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Lido Tests of ‘Distributed Validator Technology’ Portend 2024 Decentralization Push
A big selling point of blockchain networks is that they are “decentralized.” But just a few validators, including those run by Lido, have gradually amassed a lion’s share of the power over the dominant smat-contracts blockchain, Ethereum. One idea is to decentralize the validators themselves.Source
China Vows to Clarify Web3, NFT Development Path
Moving forward, China’s Web 3 strategy would encourage the development of new business models such as NFT and accelerate the innovative application of Web3, the Ministry of Science and Technology said.Source
Global Securities Regulator IOSCO Issues DeFi Policy Recommendations
Organizing as DAOs doesn’t mean freedom from regulatory responsibilities, the International Organization of Securities Commissions says.Source
Bitcoin Could Reach $160K in 2024 on the Back of Halving, Spot ETF Hype: Analysts
Bitcoin has historically rallied after its halving event – which automatically decreases the supply of new coins in the open market – and traders are likely pricing in the event that’s next scheduled for April 2024.Source
Trader Turns $450 into $2M Betting on Avalanche Meme Coin Coq Inu
A pittance punted on COQ shortly after its issuance has yielded a massive return for one on-chain trader.Source