The People Events is proud to announce the much-anticipated 2nd World Conference on Web 3.0 and AI 2025, scheduled to take place from 11th-12th September 2025, in Frankfurt, Germany. Following the overwhelming success of the past one edition, which attracted over 150+ attendees from across the globe, this year’s conference is set to continue the tradition of excellence by bringing together the most dazzling minds, leading & start-up innovators, decision makers, researchers, from academic and in
WSPN Appoints Former EY Global Chief Innovation Officer Jeff Wong As Independent Director
SINGAPORE, Dec. 26, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN), a leading stablecoin infrastructure company, announces the appointment of Jeff Wong as Independent Director. Mr. Wong brings over 25 years of experience in technology innovation and enterprise transformation to WSPN. He most recently served as EY’s Global Chief Innovation Officer from 2015 to 2024, where he spearheaded the firm’s global innovation initiatives and established EY’s advanced technology labs focusin
BC.GAME Launches Monkey King-Themed Slot Game Wukong
NICOSIA, Cyprus, Dec. 26, 2024 /PRNewswire/ — BC.GAME has launched its latest slot game, Wukong, inspired by the highly acclaimed Black Myth: Wukong, a groundbreaking AAA game that has captivated players worldwide. Officially released on December 24, this 6-reel, 5-row slot game allows players to experience the essence of Wukong’s legendary journey while aiming for rewards of up to 10,000 times their bet.
The game incorporates iconic symbols and elements from Black Myth: Wukong, such as the Ruy
BitconeMine Launches $6,300 Christmas Event Bonus and Welcomes New and Old Users to Actively Part...
BitconeMine has become a leading brand in the cloud mining industry, offering significant advantages to its users. This high-performance, maintenance-free platform now brings an incredible opportunity: with just $100 invested in BitconeMine, it is possible to earn up to $1,0000 per year. The platform brings cutting-edge enhancements that ensure greater transparency and reliability for users.
Cryptocurrency mining is typically costly and technically difficult, requiring expertise, advanced equip
Cross-border Payments Using Crypto? How Remittix (RTX) Is Transforming Finance With PayFi
The demand for flawless and quick cross-border payment solutions has never been more evident in a time when financial institutions are becoming ever more digital. With its creative PayFi technology, Remittix (RTX) is leading the way in enhancing this industry and closing the gap between cryptocurrencies and conventional fiat systems.
This innovative method lets individuals and companies transmit crypto-to-fiat payments all around the globe, therefore releasing the full potential of digital cur
U.S. Spot Bitcoin ETFs Record $226M in Net Outflows on December 23
U.S. Spot Bitcoin ETFs Record $226M in Net Outflows on December 23
The U.S. spot Bitcoin ETFs faced significant net outflows totaling $226.42 million on December 23, marking the third consecutive day of declines, as per data from Trader T on X. This shift reflects varying investor sentiment during the holiday season amidst ongoing market volatility.
Key Insights Into ETF Activity
Despite the overall outflows, BlackRock’s IBIT stood out with a net inflow of $31.78 million, suggesting continue
U.S. Spot Ethereum ETFs Record $130.11M in Net Inflows on December 23
U.S. Spot Ethereum ETFs Record $130.11M in Net Inflows on December 23 Ethereum ETFs See Strong Inflows as Institutional Interest Grows
On December 23, U.S. spot Ethereum ETFs recorded a total net inflow of $130.11 million, underscoring growing institutional interest in Ethereum. The data, sourced from Trader T on X (formerly Twitter), highlighted significant contributions from leading asset management firms.
Investment Advisors Set to Dominate Crypto ETFs in 2025
Investment Advisors Set to Dominate Crypto ETFs in 2025
A recent analysis by CF Benchmarks, a cryptocurrency benchmark index provider, reveals that investment advisors are projected to surpass hedge funds as the largest holders of spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) by 2025. This shift reflects a broader movement toward mainstream adoption of cryptocurrencies through regulated financial products.
TeraWulf Expands Into AI-Driven Computing With 70 MW Data Center Lease
TeraWulf Diversifies With AI and Cloud Computing
Bitcoin mining firm TeraWulf has announced a strategic move to diversify its operations by leasing over 70 megawatts (MW) of data center infrastructure to AI and cloud services provider Core42. The leased infrastructure, located at TeraWulf’s Lake Mariner facility in New York, marks the company’s entry into AI-driven computing to mitigate the rising costs of Bitcoin mining.
Bitcoin’s Struggles May Fuel an Altcoin Rally, Says QCP Capital
QCP Capital: Altcoin Surge May Be Imminent Amid Bitcoin Volatility
The cryptocurrency market could be heading for a significant shift as Bitcoin (BTC) struggles with sustained volatility, according to QCP Capital, a Singapore-based crypto trading firm. The expiration of $20 billion worth of BTC and Ether (ETH) options on December 27 could be a catalyst for market movement.
Bitcoin’s Struggles Above $100,000
QCP Capital highlighted Bitcoin’s difficulty in maintaining its position above the $10
Crypto Fear & Greed Index Climbs to 73, Signals Sustained ‘Greed’ Sentiment
Crypto Fear & Greed Index Climbs to 73, Signals Sustained ‘Greed’ Sentiment
The Crypto Fear & Greed Index, a popular gauge of market sentiment developed by Alternative, increased to 73 on December 24, reflecting a steady sentiment of “Greed” in the cryptocurrency market. This marks a three-point rise compared to the previous day.
Understanding the Crypto Fear & Greed Index
Scale and Interpretation: The index operates on a scale from 0 to 100, where:
Meme Coins Dominate 31% of Investor Mindshare in 2024
Meme Coins Dominate 31% of Investor Mindshare in 2024
Meme coins, a niche sector of the cryptocurrency industry, have captured 31% of investor mindshare in 2024, a significant increase from 8.32% in 2023, according to a CoinGecko report cited by CryptoSlate. This fourfold rise indicates a growing preference among investors for speculative and culturally-driven opportunities over traditional financial fundamentals.
Bitcoin Coinbase Premium Index Decline Signals Reduced U.S. Investor Interest
Bitcoin Coinbase Premium Index Decline Signals Reduced U.S. Investor Interest
The Bitcoin Coinbase Premium Index, a key metric comparing the price difference of Bitcoin on Coinbase and Binance, has dropped to -0.221%, according to CryptoQuant contributor MAC_D. This suggests diminished buying interest from U.S. investors relative to international traders on Binance. Historically, similar drops in the index have been temporary, often encouraging new buyers to capitalize on perceived value opport
Bitcoin Could Dip to $82,220 With Binance OI Target At $9.77B Before Recovery, Analyst Predicts
Bitcoin Could Dip to $82,220 with Binance OI Target at $9.77B Before Recovery, Analyst Predicts
In a recent CryptoQuant post, analyst Burak Kesmeci outlined key metrics signaling potential local lows for Bitcoin and Binance’s open interest (OI) before the market transitions into a recovery phase. Drawing on historical data, Kesmeci suggested:
Bitcoin Price Target: A potential drop of 23.94% to around $82,220.
Binance Open Interest: A possible decline of 21.88%, taking OI from the current $12.
Altcoin Season Index Steady At 51, Signals Market in Altcoin Season
Altcoin Season Index Steady at 51, Signals Market in Altcoin Season
The Altcoin Season Index, monitored by CoinMarketCap (CMC), remained unchanged at 51 as of 00:49 UTC on Dec. 24. This stability underscores that the market is currently experiencing Altcoin Season, where altcoins outperform Bitcoin in terms of price performance.
Understanding the Altcoin Season Index
The Altcoin Season Index is a metric designed to measure the relative performance of the top 100 cryptocurrencies (excluding s
Elon Musk’s XAI Secures $6 Billion in Series C Funding Round
Elon Musk’s xAI Secures $6 Billion in Series C Funding Round
Elon Musk’s xAI, an artificial intelligence startup, has successfully raised a staggering $6 billion in a Series C funding round, according to a recent company blog post. The round attracted significant investments from A16Z (Andreessen Horowitz), BlackRock, and Fidelity Management & Research Company.
Utilization of Funds
xAI plans to allocate the raised funds toward several strategic initiatives:
Analysis: Investment Advisors Expected to Dominate Crypto ETFs By 2025
Analysis: Investment Advisors Expected to Dominate Crypto ETFs by 2025
A recent analysis by CF Benchmarks, a leading cryptocurrency benchmark index provider, predicts that investment advisors will surpass hedge funds as the largest holders of spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) in 2025. This anticipated shift signals growing mainstream adoption of cryptocurrency products within the broader investment management sector.
Crypto Markets See Panic Selling, Creating Opportunities for Whales
Crypto Markets See Panic Selling, Creating Opportunities for Whales
The cryptocurrency markets are witnessing a retracement as newer Bitcoin (BTC) and Ethereum (ETH) traders react to mid-sized corrections with panic selling. According to analytics firm Santiment, this behavior has opened the door for whales and sharks—large holders of cryptocurrency—to accumulate more assets at favorable prices, potentially paving the way for future market bounces.
Justin Sun, the founder of TRON (TRX), announced the official launch of SunPump’s AI-powered token issuance feature. The platform, which focuses on TRON-based meme coins, aims to simplify the token creation process by leveraging artificial intelligence, making it more accessible to a broader range of users.
Key Highlights:
AI-Driven Token Issuance:
The new feature allows users to create and customize tokens effortlessly using AI tools.
Quantum Computing Advancements: a Threat to Bitcoin Security
Quantum Computing Advancements: A Threat to Bitcoin Security
The Wall Street Journal (WSJ) has raised concerns about the potential threats posed by quantum computing advancements to the security infrastructure of Bitcoin and the broader blockchain industry. The article cites Arthur Herman, a senior fellow at the Hudson Institute, who described quantum computing as a “time bomb waiting to explode” for blockchain technology.