Cryptocurrency hedge funds have generated an average return of 44% this year through December 20, marking a rebound from a 52% loss in 2022, ranking as the best among 29 strategies monitored. They have weathered a challenging 2022 and are experiencing a recovery, and many are anticipating a prosperous 2024. Crypto Hedge Funds Recover Pantera...Read More
Despite India’s controversial crypto policy and lack of clarity in several aspects, the country emerges as the top market. According to a new report by crypto exchange CoinDCX, 28 Indian entities became ‘FIU-Registered Reporting Entity.’ India emerged as a global crypto adoption leader, reflecting sustained interest and robust demand for digital assets. India Defies Crypto...Read More
As the US Securities and Exchange Commission prepares to decide on several Bitcoin ETF applications in early 2024, prominent crypto analyst WrathofKahneman has weighed in on the potential for an XRP exchange-traded fund (ETF). WoK, a pro-ZRP influencer, has asserted that the realization of an XRP ETF is unlikely until a significant development occurs. Crypto...Read More
According to an analysis from CoinGecko, the period from 2020 to 2023 has witnessed a surge in crypto airdrops. Led by giants like Uniswap, Apecoin, and dYdX, the top 50 airdrops have distributed $26.6 billion in tokens in that period. Uniswap’s Historic $6.43 Billion Airdrop Uniswap (UNI) led the pack, which made headlines with its...Read More
Cryptocurrencies have been the topic of discussion since their inception, and many known personalities believe in investing in them. They also give investors their outlook and share predictions about them. Now, let’s talk about Ethereum, which is used worldwide due to its secure network, validated transitions, and sustainable ecosystem. According to YChart, as of September...Read More
What an eventful year it has been for the crypto industry! With 2023 coming to an end, the cryptocurrency space has had its share of battles and victories, all of which continue to shape an industry that, though still growing, has managed to make a mark in the global financial sector. This year, regulators came...Read More
An illuminating conversation unfolded on X this week about XRP Ledger’s smart contract features. A Ripple expert corrected some misconceptions that Ripple is not as feature-rich as its competitors. Are Ripple Use Cases Limited? If you ask Google Bard or any AI chatbot why XRP price hasn’t shown the kind of gains Bitcoin (BTC) and...Read More
Speeding up on New Year’s Eve, the GRT price shows a quick overnight rise of 3.20% to tease a bullish comeback. With the strong support at a Fibonacci level leading to an engulfing candle, the Graph token prices may soon continue the prevailing trend. Despite the lethargic pace of the Bitcoin trend, the overnight fightback...Read More
The infrastructure for Web3 game development is experiencing rapid expansion, according to Delphi Digital’s recently published report titled “The Year Ahead for Gaming 2024.” The collective market capitalization of 183 gaming projects has demonstrated relative stability, fluctuating between $4 billion and $7 billion throughout the year. This range is notably 86% lower than the peak...Read More
