Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that cryptocurrencies now represent about 11% of his portfolio. He stressed that he owns crypto coins directly and would never buy spot bitcoin exchange-traded funds (ETFs). “I would never do that. Why would I pay the fees?” he emphasized, adding that he owns bitcoin and […] Source: https://news.bitcoin.com/kevin-oleary-reveals-crypto-now-makes-up-11-of-his-portfolio/
Month: April 2024
Ethereum Card Game ‘Gods Unchained’ Crosses Over With ‘Guild of Guardians’ in New Expansion
Immutable Games, the publisher of Ethereum NFT card game Gods Unchained, announced Monday that it will release an expansion pack called Dread Awakening, which will feature a crossover with the upcoming mobile role-playing game Guild of Guardians. The Dread Awakening set, slated to drop on April 23, will include 148 cards minted on Immutable X, an Ethereum scaling network originally…
Ripple CEO Expects Crypto Market Cap to Double This Year — ‘I’m Very Optimistic’
Ripple CEO Brad Garlinghouse says he is “very optimistic” about the crypto market, predicting it could double its market cap this year. The executive explained that the macro trends, such as the spot bitcoin exchange-traded funds (ETFs), are driving “real institutional money” into the crypto space for the first time. Ripple’s CEO: Macro Factors Fuel […] Source: https://news.bitcoin.com/ripple-ceo-expects-crypto-market-cap-to-double-this-year-im-very-optimistic/
Solana NFT Marketplace Tensor’s Token Debuts to $640 Million in Trading Volume
Airdrop season continues to dominate the crypto industry, and today is no different with the arrival of Tensor’s token launch. The Solana NFT marketplace launched its TNSR token, with more than $200 million worth of tokens up for grabs via airdrop rewards and over $640 million worth of trading volume on the market in the seven hours or so since it…
Bullish Market Sentiment Dominates Ether Options for End of April
A recent analysis of Ether options’ open interest for the end of April expiry suggests a prevailing bullish sentiment in the market, with an underlying bias toward upward movement, according to industry experts. The largest cohort of ether options open interest, set to expire at the end of April, demonstrates a significant tilt toward bullish positions, with approximately $3.3 billion…
Solana Developers Mobilize Efforts to Tackle Network Congestion
In recent days, the Solana network has encountered congestion issues attributed to a surge in spam transactions, prompting developers to spring into action with various solutions. Solana developers are actively addressing the congestion dilemma as users grapple with delays and dropped transactions, particularly noticeable on the Phantom wallet app and other platforms. The root cause of this congestion lies in…
Factors Driving Ether Price Surge Today
Ether’s price surge today indicates a renewed focus on the Ethereum ecosystem, with multiple factors contributing to its upward trajectory. Several key elements propel the recent surge in Ether’s price. Notably, heightened whale activity and a growing interest from institutional investors in Bitcoin have injected bullish sentiment into the wider crypto market, pushing Ether’s price up by over 5% on…
BlackRock IBIT ETF Nears $15 Billion Milestone with $308 Million Inflow
Bitcoin ETFs continue to attract investor interest, with Farside data showing a $203.0 million net inflow on April 5th, marking the fourth consecutive day of positive flows. This trend signals increasing confidence and interest in the digital asset space. Among the ETF providers, BlackRock’s IBIT stands out, recording a significant net inflow of $308.8 million, bringing its cumulative total net…
Crypto Investment Inflows Remain Positive Ahead of Bitcoin Halving
Digital asset investment products saw $646 million in inflows last week, reflecting continued positive sentiment in the crypto market despite Bitcoin’s sideways movement over the past month. Although inflows into crypto funds have slowed compared to the surge seen after the introduction of spot Bitcoin ETFs in the U.S., the overall trend remains upbeat. Most days witness inflows into popular…
Is BitVM the Holy Grail of Bitcoin? It’s Complicated, Developers Say
A once-vaunted scaling innovation for Bitcoin may be much more limited in practice than its early proponents once claimed, according to developers. Since its introduction in October, BitVM—described as a “computing paradigm” to express smart contracts on Bitcoin—has been pitched as a potential way to bridge BTC to other blockchains in a truly decentralized manner. If so, it could unlock…