Monday proved to be a tough day for cryptocurrency markets, with the crypto economy shrinking by 6.31% in just 24 hours and $ 1.5 billion in crypto derivatives positions vanishing. Bitcoin (BTC) found itself hanging on between $ 96,800 and $ 97,000 per coin, though it briefly plummeted to $ 94,249, …
Sui has joined forces with Franklin Templeton Digital Assets in a bid to drive blockchain innovation and foster growth within the Sui ecosystem. Sui and Franklin Templeton Forge Blockchain Development Alliance As a layer-one (L1) blockchain, Sui’s latest collaboration with Franklin Templeton highlights the growing interest of established financial institutions in exploring the potential of […]
Disney, one of the biggest entertainment companies, has decided to acquire a $ 1.5 billion stake in Epic Games, makers of the known persistent metaverse platform Fortnite. The companies will collaborate to develop a metaverse featuring Disney-owned intellectual properties (IPs) which will benefit from interaction and coexistence with Fortnite. The Disney Metaverse Is Coming …
Ark Invest CEO Cathie Wood has doubled down on her bullish bitcoin forecasts, now seeing a higher probability of the price of bitcoin soaring to $ 1.5 million per coin. She emphasized that the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) has raised the probability of …
The Y Combinator-backed Nigerian fintech startup has reportedly raised $ 1.5 million in pre-seed funding. Tolu Alabi, the CEO of Cleva, expressed confidence in her and fellow co-founder Philip Abel’s ability to navigate the competitive fintech market, citing their background as a factor that counts in the startup’s favor. Cleva Founders ‘Uniquely Qualified’ …