The much-cited Bitcoin Fear and Greed Index moved into neutral territory over the weekend after months of fear. On 15 January, the index reached a neutral level of 52, the highest since 5 April 2022. The move follows a 24% rise in the price of Bitcoin (BTC) over the past seven days. The market sentiment...
The State of Enterprise Blockchain Adoption in 2023 report questioned 603 enterprise decision-makers across firms from the United States, the UK and China. The study showed that attitudes towards the blockchain in these countries remained strong despite the downturns in the market. In addition to the 87% likely to invest this year, nearly 90% of...
Despite the backlash from gamers faced traditional gaming companies putting their money into non-fungible tokens (NFTs), executives in the NFT gaming industry are hopeful that more traditional gaming firms will enter the market this year. Gameplay improvements are key to blockchain gaming adoption in 2023, according to a report from the Blockchain Game Alliance. A...
Immunefi’s Crypto Losses 2022 report found that over USD 3.9 billion was ‘lost’ last year. While that might seem like a whopping amount of capital to lose track of, it’s down 51.2% compared to 2021, when over USD 8 billion was stolen, the report found.
India’s tax rules on cryptocurrencies, which came into effect last April, have seen local exchanges lose the lion’s share of the market to those run by foreign players, according to a new report. Binance, Coinbase and other foreign exchanges held 67.6% of the crypto market share in India as of October 2022, up from 50%...
Ethereum co-founder Vitalik Buterin has named the mass adoption of crypto wallets, inflation-resistant stablecoins, and Ethereum-based website logins as the three “huge” opportunities that have yet to be realized in cryptocurrency. During an interview with Bankless co-owner David Hoffman, Buterin shared his outlook for the crypto industry in 2023, responding to Hoffman’s concern that the...
The Netherlands has topped the list of countries most ready for the metaverse in a new survey. The study, carried out by Uswitch, took into account many factors, including broadband speed and the number of blockchain startups in a given country. The top 10 also includes countries such as Malta and the United Kingdom, which...
Chainalysis data shows that the collapse of Celsius and Three Arrows Capital (3AC) and Terra’s Luna de-peg inflicted much bigger losses on investors than the FTX crash. The TerraUSD de-peg had a realized loss of $20.5bn while Celsius and 3AC amounted to a staggering $33bn. By comparison, FTX recorded losses for investors of just £9bn....
Despite the ongoing bear market, Jan3 CEO and Bitcoin proponent Samson Mow believes the leading cryptocurrency could hit the $1 million milestone in the next five to 10 years. The catalyst, he suggests, could be the “unexpected” collapse of major fiat currencies, which, in his opinion, could “happen very rapidly”. ”It just sort of happens...
