Web3 Wavefronts - Digestible News on Crypto, DeFi and AI

In this episode of our podcast, we're diving headfirst into the whirlpool of cryptocurrency and NFT madness, starting with Binance's shocking announcement to cut off support for Bitcoin NFT exchanges and deposits from April 4. Despite this, Bitcoin NFTs remain a treasure trove, with sales hitting a staggering $394 million last month. We'll also explore the fascinating world of Bitcoin ordinals and Ghostface Killah's upcoming ordinals mint. But that's not all – we're also taking a peek at Doodles' star-studded film project with Pharrell Williams, Lil Wayne, and Coi Leray, and the expanding universe of NFTs into entertainment and content creation. Plus, the buzz from the NFT.NYC Conference and the intriguing developments in the Web3 sphere promise to keep us on the edge of our seats. So buckle up, as we navigate through these electrifying updates and more, keeping you in the loop with the latest and greatest in the world of cryptocurrency and NFTs.Continue reading: https://theweb3.news/nfts/why-binance-ditched-bitcoin-nfts-despite-their-surging-popularity-and-whats-next-for-digital-collectibles/ Hosted on Acast. See acast.com/privacy for more information.

A notable event in the cryptocurrency world occurred recently with Bitcoin Cash completing its halving several weeks prior to a similar event slated for Bitcoin. In this event, Bitcoin Cash (BCH) underwent a significant reduction in its block rewards, which were cut to 3.125 BCH. Interestingly, this is only the second time such an event has occurred for this particular cryptocurrency, with the last halving taking place in early April of 2020.Find out the rest in https://theweb3.news/crypto/how-did-bitcoin-cashs-surprising-move-weeks-before-bitcoins-big-event-shake-the-crypto-world/ Hosted on Acast. See acast.com/privacy for more information.

If the world of web3 is any reflection of real-world dynamics, one would draw parallels between memecoins linked to political figures and the upcoming U.S. Presidential elections. If this parallel were to hold true, it would indicate a landslide victory for Biden based on the current market performance of memecoins. This concept takes root in the “PolitiFi” category of tokens, as listed by CoinGecko.Read the rest in https://theweb3.news/crypto/could-memecoins-predict-the-next-us-president-the-surprising-indicator-in-the-2023-election-race/ Hosted on Acast. See acast.com/privacy for more information.

In a significant development in the world of Web3, more players from the traditional finance sector are showing interest in spot bitcoin Exchange Traded Funds (ETFs). Although they are yet to start issuing such products, their involvement is a clear indicator of the growing acceptance of cryptocurrencies. Notably, Goldman Sachs has positioned itself as part of the new group of authorized participants for BlackRock’s iShares Bitcoin Trust (IBIT), as stated in a recent regulatory filing.Read more on this: https://theweb3.news/crypto/how-goldman-sachs-entry-to-bitcoin-etf-is-shaping-the-future-of-finance/ Hosted on Acast. See acast.com/privacy for more information.

How the Fed’s Assurance on Rate Cuts Sparked a Surprising Rally in Crypto and StocksCryptocurrencies and Stocks Rebound as Fed's Rate Cut Assurance Calms Traders.Visit: https://theweb3.news/crypto/how-the-feds-assurance-on-rate-cuts-sparked-a-surprising-rally-in-crypto-and-stocks/ Hosted on Acast. See acast.com/privacy for more information.

Ever wondered what influences the ebb and flow of cryptocurrency and the stock market? Look no further as our latest piece provides an inside look into the dynamics at play. Spoiler alert: Federal Reserve's Chairman, Powell seems to be the orchestrator in focus. With Powell hinting at an era of interest rate cuts, we might be at the threshold of an exciting turn in the world of bitcoin, Ether and traditional stocks. Dive in for some piquant insights into Powell's latest chess move and its rippling impact on your investments! Learn more on theweb3.news Hosted on Acast. See acast.com/privacy for more information.