Bitcoin ETFs legitimized the crypto industry for investors: Storm Partners

On November 15, within a 24-hour span, the valuation of the crypto market fell from $210 billion to $183 billion, by more than $27 billion on a single day.Source: CoinMarketCap.comFueled by the 18 percent drop in the price of Bitcoin Cash (BCH), every major cryptocurrency in the global market started to record intense sell-offs.Bitcoin, which…

Japanese automotive brand Nissan has become the latest car manufacturer to ramp up its Web3 efforts, filing four new Web3-related trademarks filed in the United States, while its Japan unit is experimenting with auto sales in the metaverse.According to Nissan’s Mar. 7 trademark applications to the United States Patent and Trademark Office (USPTO), the new…

The Algorand Foundation announced a 250 million ALGO (roughly $43 million) grants program to foster development on the Algorand blockchain on April 14.Cointelegraph spoke to Fangfang Chen, the Algorand Foundation’s head of operations, to find out more about the program.Algorand launches $43 million grants programThe funds will be allocated to “qualified investors across four major…

While Fidelity hasn’t yet confirmed rumors it will launch retail Bitcoin trading, the firm said enabling broader access to digital assets remained a key area of focus. 310 Total views 19 Total shares $4.2 trillion asset management firm Fidelity Investments is reportedly working towards offering Bitcoin trading services to its 34.4 million retail investor base,…

Web3 Foundation has an established history of offering grants of up to $100,000 for groundbreaking technologies. Decentralized finance startup Equilibrium has received a grant of $27,000 from the Web3 Foundation to develop its DeFi pallet and provide tools which enable other projects to migrate to the Polkadot platform.The updated pallet would enable the Equilibrium parachain…

BitMEX CEO and co-founder Arthur Hayes says traditional traders may lose their lunch breaks and weekends as digital finance is going to change everything, including workplaces.Cryptocurrencies trade 24 hours a day, seven days a weekIn a Sept. 19 article by Bloomberg, Hayes noted that cryptocurrencies trade 24 hours a day, seven days a week, and…

More bridges between Web3 and generative AI are being built as the luxury art auctioneer Christie’s and MoonPay unveil a new art experience at the eighth Art + Tech Summit in a unique gamified event.

Neutrino Dollar (USDN), a stablecoin issued through Waves-backed Neutrino protocol, lost its U.S. dollar-peg on April 4 amid speculations that it could become "insolvent" in the future.USDN plunges 15% despite WAVES backingUSDN dropped to as low as $0.822 on April 4 with its market capitalization also diving to $824.25 million, down 14% from its year-to-date…