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Weekly Cryptocurrency News (+Asia Special) | Strong interest in Arthur Hayes and ARK Invest’s market analysis

February 11, 2024
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This week’s information

We convey you a abstract of the preferred crypto asset (digital forex) information over the previous week (2/3 to 2/9).

This week, articles on market evaluation by Arthur Hayes, former CEO of digital forex change BitMEX, and ARK Make investments, in addition to articles on the Metaverse app supported by Apple’s blended actuality headset, Imaginative and prescient Professional, attracted probably the most consideration.

desk of contents
  1. This week’s featured information
  2. monetary market
  3. Asia particular function

This week’s featured information

The primary Web3 metaverse is scheduled to look in Apple’s “Imaginative and prescient Professional” Digital forex VR soars (2/3)

Victoria VR, a blockchain-based VR (digital actuality) improvement firm, introduced on the 2nd that it’s going to launch a Metaverse app suitable with Apple’s Imaginative and prescient Professional blended actuality headset. In response to this, Victoria VR’s VR token soared, rising 60% from the day past. (the article isright here)

Ark Make investments 2024 Bitcoin market is “within the early phases of a bull market” (2/3)

ARK Make investments has expressed robust expectations for Bitcoin (BTC) in its annual report “Huge Concepts 2024.” The corporate, led by Cathie Wooden, famous that long-term investing in Bitcoin can provide excessive returns for institutional traders. (the article isright here)

Arthur Hayes makes extraordinarily bullish predictions for Bitcoin worth, predicts US financial institution bailout measures (2/7)

On the sixth, former BitMEX CEO Arthur Hayes posted an excellent bullish state of affairs on X that the value of Bitcoin might rise to $1 million. He says he expects a bailout for U.S. banks. (the article isright here)

monetary market

Miner promoting continues forward of Bitcoin halving, Coinbase report factors out that promoting strain is drying up (2/5)

The Bitcoin worth on today was 1.43% decrease than the day past to 1 BTC = $42,389. The value has stalled on the $44,000 resistance line (higher worth resistance line), and promoting has additionally been attributable to main miners who wish to safe money reserves in preparation for the halving scheduled for April this yr. (the article isright here)

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Ethereum, which is trending steadily, rose 3.8% from the earlier week, whereas Solana, which suffered a serious failure for the primary time in a yr, briefly fell (2/7)

Ethereum (ETH) remained comparatively robust, rising 2.2% from the day past. The Solana (SOL) blockchain skilled its first main failure since February 2023. (the article isright here)

Bitcoin quickly recovers and returns to the $46,000 stage, approaching the best worth for the reason that starting of the yr (2/9)

Bitcoin rose 3.3% from the day past to 1 BTC = $46,151. From the opening worth of $43,100 on the sixth, it continued to rise considerably over the three-day interval, and was inside vary of the year-to-date excessive of $49,100 on January eleventh. (the article isright here)

Asia particular function

Hong Kong to manage digital forex OTC platforms (2/5)

Christopher Hui, director-general of Hong Kong’s Monetary Companies and Treasury Board (FSTB), argued on the 2nd that over-the-counter buying and selling (OTC) of digital currencies must be regulated. He mentioned that quickly he plans to start out consultations on the regulatory framework. (the article isright here)

Subsequent-generation idol undertaking led by Yasushi Akimoto and others adopts Web3-based Astar zkEVM (2/7)

Startail Lab, a Web3 improvement firm led by Sota Watanabe, introduced on the seventh that will probably be taking part within the idol undertaking promoted by “YOAKE Leisure Co., Ltd.”, which was established by main home leisure corporations together with Asobi System. This partnership goals to determine a brand new idol financial zone utilizing tokens and broaden it globally. (the article isright here)

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Transferring ahead in direction of the conclusion of a restricted legal responsibility firm sort DAO, the Monetary Companies Company releases a proposal for deregulation of tokenized worker rights (2/7)

In Japan, with the event of Web3, the authorized framework for “DAO (Decentralized Autonomous Group)” is at present being developed. That is an effort to make clear the authorized nature of DAOs, that are comprised of members taking part in particular initiatives, operational guidelines, members’ duties and possession, tax relationships, and many others., and to create an surroundings the place DAOs can be utilized with peace of thoughts as choices. be. (the article isright here)

Doodles x G-SHOCK collaboration will likely be launched in February at Shibuya Parco pop-up shops, and many others. (2/8)

Particulars of the collaboration between the wonderful NFT (non-fungible token) model “Doodles” and Casio Laptop’s shock-resistant “G-SHOCK” have been revealed. (the article isright here)

Deloitte Tohmatsu makes use of Astar zkEVM in Japan Sports activities Company demonstration undertaking (2/9)

Deloitte Tohmatsu Consulting LLC introduced on the ninth that it’s going to use its personal NFT improvement instruments to help the blockchain expertise “Astar zkEVM” developed by Stake Applied sciences and Startale Lab, so as to help corporations and organizations in constructing NFT-based companies. introduced that. (the article isright here)

connection:Why we want a large-scale Web3 convention in Japan | WebX founder interview

Featured Web3 convention schedule

Web3 and digital forex/blockchain associated conferences have gotten extra lively worldwide. On this article, we can even introduce data on main conferences scheduled to be held within the close to future, primarily in Asia.

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TEAMZ WEB3/AI SUMMIT 2024

“TEAMZ WEB3/AI SUMMIT 2024” is an occasion with the theme of Web3 and AI, scheduled to be held at Toranomon Hills Discussion board in Tokyo from April thirteenth to 14th.

TEAMZ WEB3/AI SUMMIT 2024 follows this yr’s TEAMZ WEB3 SUMMIT 2023, and is an occasion targeted on the potential for synergy between the AI ​​and blockchain fields, that are attracting consideration as a result of rise of OpenAI and ChatGPT.

In keeping with the official web page, there will likely be greater than 120 audio system subsequent yr, together with greater than 200 VCs, traders, and exhibiting corporations. It’s estimated that 5,000 individuals will attend.

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Kurt Ebenzer

Kurt is an skilled author with huge expertise in documentation and interpretive math. His path to crypto journalism begins with Ourbitcoinnews and he hopes to shine new mild within the noisy crypto media area.



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February 11, 2024
0 0 5 minutes read

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