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VeChain (VET) On Pace to Return to $0.1: Here's When

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One of the bigger surprises toward the end of 2024, VeChain, has kicked off the year with notable gains, as VET looks to be back on pace for a return to $0.1. Indeed, the cryptocurrency is among the most intriguing considering the important work that the project is doing in developing the technology. Late last year, the project debuted its VeChain Renaissance, a technical roadmap that looks to adapt the token for a new world. Specifically, the network has debuted the updated protocol for a world embracing mass adoption. Considering how 2024 ended; that could become a reality sooner than anyone expected. Source – blockchainreporter Also Read: VeChain Surges 12%: How High Will VET End 2024? VeChain Welcomes 2025 With 4.8% Jump as VET Looks to Surge With a tremendous year in the rearview mirror, the cryptocurrency market is expecting big things in 2025. In the United States specifically, favorable regulation on the horizon has a massive shift impending. That reality has firms like $1...

Alphabet's (GOOGL) Waymo Expands: Why Its Huge for the Stock in 2025

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One of the most promising businesses that Alphabet (GOOGL) has, Waymo, has recently expanded, as investors are expecting the news to be huge for the stock in 2025. The project has been a focus for the company, receiving significant investment as it looks to become a massive player in the self-driving space. Waymo is an autonomous car project developed by Alphabet to completely revolutionize ride-hailing services. Yet they aren’t alone. Over the last year, Uber (UBER) and Tesla (TSLA) have debuted similar projects that are looking to take significant market share. With the project still facing regulatory hurdles, Alphabet could be in an advantageous position. Moreover, it could see its stock skyrocket as a result. Source: TechCrunch Also Read: Alphabet (GOOGL) May Get $20B in Google Chrome Sale The Self-Driving Race is On, and Alphabet Stock Could Be the Big Winner The idea of autonomous cars was always a dream for the future. Yet, with advancements in technology rapidly developing...

Nvidia: NVDA Set For Record-Breaking 2025 Amid 'Staggering' Demand

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One of Wall Street’s hottest investments could be poised to get even more impressive over the next twelve months. Indeed, Nvidia (NDA) is set to break records in 2025, as the company is confronting “staggering” demand for its Blackwell GPU. The company has already been one of the biggest gainers this year, amid surging AI demand. The company currently leads the ongoing AI arms race. Although it has surrendered its position as the top company in the world by market cap to Apple (APPL), it is expected to once again attempt to challenge for the position. Moreover, it should be able to threaten the iPhone developer to become the first company to reach a $4 trillion market value. Source: CNBC Also Read: Apple or Nvidia? Polymarket Traders Play Favorites Nvidia Stock Eyes Record-Breaking Year as AI Demand Continues to Strengthen Since the arrival of OpenAI’s ChatGPT, AI has dominated investor interest. Moreover, that demand has been met with a surge in product releases...

Autonomous worlds are shaping the new web3 narrative | Opinion

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In the ever-evolving landscape of web3, one thing has remained the same throughout—narratives matter. Narratives have served as the driving force behind the growth of projects. Over the past three years, we have witnessed a lot: from the defi summer of 2020 to the NFT craze of 2021 and the rise of liquid staking in 2022. Leading projects in all these narratives have seen their growth accelerated by a few years just from being a part of the narrative. You might also like: Web3 breaks ground with the convenience of a consumer-centric approach | Opinion Now, it is time for the ‘autonomous worlds’ narrative to take over. In this article, we delve into the concept of the autonomous worlds, why conventional gaming technologies fall short, and how this new narrative is set to revolutionize the gaming and virtual worlds. What i...

Solana cancels orders after thinking it had more Saga phones than it did

Solana has issued an apology after an “inaccurate representation” of its inventory meant it was forced to cancel orders for its long-awaited — and poorly reviewed — Saga phone. According to a statement issued by Solana on Friday, it has seen “overwhelming demand” for the new handset and has sold out its run of 20,000 units in the US and Europe. However, many would-be buyers were left disappointed when the company announced that a foul-up with its third-party distributor meant they would receive a refund rather than a new phone. “In working to fulfill orders,” Solana wrote on X (formerly Twitter), “we learned of an inventory management issue with our third-party distributor that resulted in an inaccurate representation of our inventory . “Given this, we are unfortunately unable to fulfill orders that were placed after inventory ran out.”  Solana says that affected customers have been notified and that they should be receiving their refund “in the coming days.” Conv...

Former Coinbase exec posits blockchain-driven vision of future societies

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Attendees of the Network State Conference in Amsterdam believe that a new tomorrow is possible with decentralized technologies. The Dutch city of Amsterdam — no stranger to international conferences dedicated to cryptocurrencies, block chain and decentralization — was recently host to the Network State Conference, which explored decentralization at an entirely different level.  Conference speakers and attendees gathered to discuss and debate whether a new form of decentralized country is possible. The conference kicked off with an energetic host directing the crowd to chant and shout the title before Balaji Srinivasan, an entrepreneur, investor and former chief technology officer of Coinbase, entered to make his opening speech. During his initial remarks, Srinivasan asks, “Are new countries even possible?” Srinivasan delivered an opening address to the Network State Conference. Source: Cointelegraph In his book The Network State, Srinivasan proposes that new countries are possible vi...

‘End of an era’ — Consensys sunsets Truffle, Ganache amid shift to Metamask Snaps

“No sugar coating this, it's been a challenging few months,” said Truffle in a social media post on Sept. 22. Ethereum developers are gathering to salute the teams behind Ganache and Truffle, two toolkits that were once vital in the early days of Ethereum smart contracts. In a Sept. 22 post, Consensys announced the sunset of the two products amid a broader shift to Metamask Snaps and SDK. Consensys is announcing the sunset of Truffle & Ganache, as we shift our focus towards empowering developers with @MetaMask toolings like Snaps & SDK. Recognizing the significance of Truffle & Ganache, we are partnering with @HardhatHQ to facilitate a smooth transition — Consensys (@Consensys) September 21, 2023 Georgios Konstantopoulos, chief technology officer and partner at Paradigm described the announcement as the “end of an era,” sharing that he had written his first-ever smart contract on the Truffle Suite. Similarly, pseudonymous developer and popular crypto commentator...

Friend.tech hype unsustainable? Critics give it only months to live

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Most crypto industry heavyweights have been bullish about the new decentralized social media app friend.tech, but some critics warn it's getting too hot too quickly. Friend.tech, a new decentralized social media (DeSo) app has rapidly become one of the hottest new things in crypto, with over 64,000 new users and more than 24,000 ETH in trading volume since its beta version launch of Aug. 11.  While many crypto industry heavyweights have praised the app for bringing thousands of people on-chain and inspiring sign-ups from even non-crypto figures — such as gaming YouTuber Faze Banks and Russian protest group Pussy Riot — some have warned it's at risk of burning out. Built on Coinbase’s layer-2 network Base, friend.tech is a platform that allows users to purchase shares of their friends and influencers, which in turn grants them access to a private chat with that user. Speaking to Cointelegraph, crypto commentator Yazan pointed out a number of troubling factors that led him to b...

Cronos Labs launches second cohort of $100M Web3 accelerator

On May 15, the chosen projects commenced the 12-week program after being granted seed funding of $30,000. Blockchain startup accelerator Cronos Labs has announced the launch of its second cohort for the Cronos Accelerator Program. The program, backed by a substantial $100 million investment, aims to support early-stage crypto projects by providing mentorship and funding opportunities.  According to an announcement sent to Cointelegraph, Cronos Labs handpicked eight projects to participate in their accelerator program. Each of the selected projects, namely Omnus, DeMe, Furrend, Solace, Sakaba, Eisen Finance, Earn Network, and CorgiAi, received upfront seed funding of $30,000 to commence their 12-week program. The chosen projects cover a diverse range of areas, including Web3 game development, decentralized social networking, pet-focused video sharing, smart-contract wallet integration, loyalty platforms for Web3 gaming, exchange aggregation for institutional trading, liquid market...

Digital asset market shrinks as fund outflows reach $200M: CoinShares

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According to CoinShares, digital asset investment products saw outflows totaling $54 million last week. On May 15, European cryptocurrency investment firm CoinShares published its latest “Digital Asset Fund Flows Report,” which revealed that digital asset investment products experienced another week of consecutive outflow s, with a total of $54 million exiting the market . This brings “the total outflow to US$200m, representing 0.6% of total asset s under management (AuM),” CoinShares reported.  Weekly crypto asset flows. Source: CoinShares According to the report, Bitcoin (BTC) funds witnessed outflows of $38 million. Over the past four weeks, total BTC outflows amounted to $160 million, accounting for 80% of all outflows. Furthermore, when combining the outflows from short positions on Bitcoin, the total value of outflows related to this asset alone reached $201 million. These numbers strongly highlight that recent investor activity has been overwhelmingly focused on Bitcoin. The...

What is profit and loss (PnL) and how to calculate it

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PnL refers to the financial gain or loss from buying and selling cryptocurrencies. To calculate it, use various method like the FIFO, LIFO, YTD, and more! Anyone who has dealt with Trading in traditional Finance is likely to be aware of profit and loss (PnL). But is PnL in the cryptocurrency world the same? The ability to comprehend terms like mark-to-market (MTM), realized PnL and unrealized PnL will help develop a better understanding of the cryptocurrency a person holds. Without a well-defined process to get insight into profit or loss, cryptocurrency trading may be overwhelming, and traders may struggle with what they are doing. PnL reflects the change in the value of a trader’s positions over a specific period. Understanding the basics of PnL PnL in crypto refers to the calculation of the profit or loss made on a cryptocurrency investment or trading position. It is a metric used to evaluate the financial performance of a trader or investor in the crypto market. To begin, here ar...

Digital Asset Provider Raises $65M in Series B Led by Credit Suisse

The company said the funds will be used to expand Taurus' new offices in Europe, the UAE, and later in the Americas and Southeast Asia. Taurus, a digital asset infrastructure provider for financial institutions in Europe, has raised $65 million in a Series B capital raise led by Credit Suisse. The Funding round also saw participation from several other institutional investors, including Deutsche Bank, Pictet Group, Cedar Mundi Ventures, Arab Bank Switzerland, and Investis.  According to the announcement, the funds raised will be used by Taurus to bolster its growth strategy in three primary areas, which include; recruiting top engineering talent to continue developing its platform, expanding its sales and customer success organization to enhance its infrastructure solutions with new offices in Europe, the UAE, and later in the Americas and Southeast Asia, and lastly, maintaining the most rigorous security, risk, and compliance requirements across product lines, processes, and org...

Monetary policy: Definition, types and tools

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Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates in an economy. What is monetary policy? Monetary policy refers to the actions taken by a central bank or monetary authority to manage the supply of money and interest rates in an economy, with the aim of promoting economic growth and stability. To affect the price and accessibility of credit, this may entail altering the money supply, setting interest rates or utilizing other instruments.  The ultimate goal of monetary policy is to achieve and maintain a healthy economy. This usually involves balancing multiple objectives, such as: To ensure economic stability, lessen the effects of economic shocks and promote sustainable economic growth, central banks carefully control the money supply and interest rates. However, depending on the unique circumstances and requirements of each economy, monetary policy’s exact goals and tactics may change. Types of monetary policy There are two m...