As Bitcoin (BTC) and altcoins took a break from reaching new all-time highs, the market sentiment seems gloomy since the start of 2022. However, while the market seems to be sleeping, its trajectory shows that there’s more to look forward to in the coming months.Multinational professional services network KMPG published its biannual Pulse of Fintech report, where the firm … [Read more...] about 4 key takeaways from KPMG Pulse of Fintech Report
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Speed, scaling, regulation to play key role for crypto in 2022: FTX CEO
FTX founder and CEO Sam Bankman-Fried, also known as “SBF,” rounded off 2021 on an optimistic note. SBF waxed lyrical about the crypto market’s state in 2021 while revealing the roadmap for FTX in 2022 in a Twitter flood.In his view, there are three keystones to industry progress in 2022: regulation, scaling and transaction speeds. He proposes solutions to each puzzle piece, … [Read more...] about Speed, scaling, regulation to play key role for crypto in 2022: FTX CEO
Goldman Sachs Says Blockchain Is Key to Metaverse and Web 3 Development
Blockchain technology is central to the development of the metaverse and Web 3, Goldman Sachs said in a research report.It is the only technology that can “uniquely identify any virtual object independent of a central authority,” and this ability to identify and track ownership will be crucial to the functioning of the metaverse, analysts led by Rod Hall wrote in a note … [Read more...] about Goldman Sachs Says Blockchain Is Key to Metaverse and Web 3 Development
Brazilian Crypto Asset Manager Hashdex Pursues US Expansion Following 2 Key Hires
On the Brazilian stock exchange, B3, Hashdex already listed the Nasdaq Hashdex Bitcoin Reference Price Index Fund, a fully bitcoin-based ETF that seeks to neutralize carbon emissions, and an ether-backed ETF. In Brazil, it also launched a bitcoin-backed fund aimed at qualified investors. Source link … [Read more...] about Brazilian Crypto Asset Manager Hashdex Pursues US Expansion Following 2 Key Hires
This key metric correlates with Bitcoin’s largest price drops
At the beginning of the month, Bitcoin dropped to a three-month low of $46,500 in a market-wide flash crash that wiped over 18% of its value in a matter of hours.According to a report from analytics company Santiment, a spike in an often-overlooked metric preceded both this month’s crash and last year’s March sell-off and could be used to predict future price swings.Tracking … [Read more...] about This key metric correlates with Bitcoin’s largest price drops