The second quarter of 2024 has emerged as a landmark period for Web3 and blockchain gaming, with investments reaching an impressive $1.1 billion, reports Blockleaders citing a DappRadar report. This is a substantial increase of 314% on the previous quarter. The resurgence in interest and capital infusion underscores the growing belief in blockchain gaming as […]
The newly launched spot Ether ETFs posted positive net inflows despite being weighed down by $485 million bleeding from Grayscale’s Ethereum Trust, reports Cointelegraph. United States Ether exchange-traded funds (ETFs) posted net inflows of $106.6 million on their first day of trading despite massive outflows from Grayscale’s freshly-converted Ethereum Trust. BlackRock’s iShares Ethereum Trust ETF […]
When compared to the previous quarter, the total value locked (TVL) in decentralised finance (DeFi) approximately doubled during the first quarter of 2024, indicating that DeFi has witnessed tremendous growth from the previous quarter, reports Blockchain.news. It is possible to ascribe, at least in part, this spike to Ethereum’s liquid restaking activities, which have been […]
Consumers are becoming slightly less sceptical about bitcoin, according to a Deutsche Bank survey, although just under a third of those questioned still expect its price to drop sharply by the end of 2024, reports Reuters. Although people have poured billions of dollars into bitcoin, hoping for returns if its price rises, top regulators have […]
Ripple has entered the lucrative stablecoin market, valued at $150 billion, by introducing its own digital currency pegged to the US dollar, reports UnlockBC. This stablecoin will maintain a 1-to-1 backing with assets such as US dollar deposits, US government bonds, and cash equivalents held in reserve by Ripple. The company has committed to providing […]
Bitcoin Cash spikes 10% post halving
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Bitcoin Cash (BCH) has surged 10% after completing its reward halving event, becoming one of the few gainers in an otherwise tepid market as bitcoin (BTC) – whose own halving occurs later this month – remained little changed over 24 hours, reports Coindesk. BCH changed hands at $660 in European morning hours, a price level […]
It has come to our attention that certain social media channels and groups are purporting to host Blockchain Ireland steering or working group members to provide financial or investment advice. Blockchain Ireland does not, under any circumstances, offer investment, financial, or commercial advice on any topic. Any individual or group offering such services or access […]
The blockchain technology market size is set to grow by $11,047.61 million between 2022 and 2027, with a CAGR of 32.72%, according to Technavio’s latest market research estimate, reports Yahoo Finance. The rising venture capital investments in blockchain technology are driving the blockchain technology market growth. One of the key elements for the development and […]
BNB Chain Innovation reports growth of verified smart contracts despite a bear market in Q2 2023, underscoring the increasing demand for blockchain-based solutions. Takeaways: The report also includes inputs from industry experts and founders of dApps that saw the highest growth in Q2 on BNB Chain, with their thoughts on the development of the Web3 […]