Ethereum hits 0.065 BTC amid DeFi surge and ETF speculation
Ethereum surpasses Bitcoin, hitting 0.065 BTC, its highest since April 2023. Analysts note ETH’s 15% monthly gain amid rising DeFi activity and ETF speculation.
Legendary trader forecasts $280,000 Bitcoin price by 2025
Bitcoin could reach $280,000 by 2025, according to a legendary trader. BTC currently trades near $50,000 with a $1 trillion market cap.
Illuvium secured 52% of July’s $120M Web3 gaming funding
In July, 52% of Web3 gaming funding, totaling $120M, was secured by Illuvium, with YGG and Polygon also attracting significant investments.
WiseLink Taiwan commits $50M to Bitcoin as corporate adoption rises
WiseLink Taiwan invested $50M in Bitcoin, joining MicroStrategy and Tesla. The move reflects growing corporate crypto adoption amid 2023 market volatility.
SUBBD Web3 model grows as OnlyFans deals with $8B valuation issue
SUBBD’s Web3 model gains traction as OnlyFans confronts an $8 billion valuation challenge, with Ethereum and NFT integration reshaping creator economies.
UAE travelers spent $12M on flights using crypto in 2023
In 2023, UAE travelers spent $12M on flights using crypto. Major airlines like Emirates and Etihad accept Bitcoin, Ethereum, and Binance Coin for bookings.
Bitcoin Deribit Index shows BTC price caution amid $43,000 resistance and ETF outflows
Bitcoin Deribit Index signals caution as BTC price faces volatility, with $43,000 resistance and 15% weekly drop amid ETF outflows.
US Treasury establishes 10,000 BTC strategic reserve under Janet Yellen’s policy
US Treasury Secretary Janet Yellen announced a 10,000 BTC strategic reserve, citing Bitcoin’s role in Treasury policy and financial stability alongside Ethereum and gold.
American Bitcoin targets Japan and Hong Kong acquisitions with $500M 2024 expansion
American Bitcoin plans acquisitions in Japan and Hong Kong, targeting 2024 expansion with $500M investment, focusing on crypto markets and regulatory frameworks.
Cardano reaches $1 as Solana gains traction in Q2 2023
Cardano (ADA) briefly surpassed $1, while Solana (SOL) shows potential for rapid growth. Ethereum processes 1.2M daily transactions, highlighting blockchain scalability challenges.
