VanEck Release BTC Price Goal For Current Market Cycle
VanEck, a global investment manager, has reiterated its $180,000 price target for Bitcoin at the present cycle’s peak. VanEck digital asset analysts Nathan Frankovitz and Matthe Sigel stated in their most recent Bitcoin report on November 21 that the crypto bull market is only “just beginning” to enter its next phase. Within the next 18 […]
CFTC Report Supports Tokenization Of Trading Collateral
The Global Markets Advisory Committee of the CFTC has given its endorsement to the use of blockchain technology to handle trading collateral in United States derivatives markets. According to a report released on November 21, the Global Markets Advisory Committee of the Commodity Futures Trading Commission (CFTC) has endorsed using blockchain technology to administer trading […]
Delio Platform Goes Bankrupt With $1.75B in Assets Lost
On November 22, a court in Seoul declared Delio platform, a South Korean virtual asset deposit platform, insolvent, according to numerous local press reports. Last year, Delio suspended withdrawals due to its outstanding debt of 245 billion won ($1.75 billion) to its customers. Delio says there is possibility of resolving customer issues The platform will […]
Sui Foundation and Franklin Templeton Team Up To Grow DeFi
Sui Foundation partners with Franklin Templeton to drive DeFi development. In four months, the Sui blockchain has seen 740% price increase and a 675% increase in TVL. The Sui Foundation has recently entered into a significant partnership agreement with Franklin Templeton Digital Assets, which will assist in developing DeFi solutions on the Sui platform. This […]
Texas Lawmaker Says Gold-backed Coin Will Help BTC Adoption
Bitcoin adoption could be significantly increased by the state’s proposed gold-backed coin, according to a Texas lawmaker. On November 21, Cody Harris, a Republican Party member of the Texas State House of Representatives, discussed the creation of a gold-backed coin in Texas at the North American Blockchain Summit. During a fireside conversation with David Duong […]