Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Startups
Permissionless Capital Opens Applications For Web3 Startups Opportunities Event
Web3 startup and investor networking platform Permissionless Capital is calling for applications for an event that would provide eligible companies with the resources needed to bring their products to the market. According to a press release seen by CryptoPotato, applications for the Permissionless Opportunities event have begun and will last till May 1. Permissionless Capital Unveils Opportunities Event The Permissionless Opportunities event gives eligible wWb3 startups tools, connections, and funds to navigate the blockchain space and launch their products. In…
1 year ago
Why Fintech Start-ups Should Integrate the Blockchain Technology
The global fintech worth is estimated at $4.7 trillion, with over 12 thousand fintech startups open globally. Due to its innovative networks, software, and hardware, fintech has captured millions of clients globally. However, any fintech startup faces serious challenges that the already existing financial systems have already faced, thus having a competitive advantage. How can fintech startups take advantage of blockchain technology that has been in existence for quite some time? Here are six reasons why every fintech startup should…
5 years ago
Binance Academy Sets up A New Blockchain Research Institute in China,
Recently, Binance Academy announced the development of a blockchain research institute in China. Binance Academy is the educational arm of Binance crypto exchange. The blockchain research institute is known as Lingang Blockchain Technology and Industry Research Institute, which will serve as the hub for blockchain talent. Lingang Blockchain Research institute will shape breakthroughs in blockchain technology and speed up the application of blockchain technology. It will happen through integrations with artificial intelligence (AI), big data, Internet of Things (IoT), and…
5 years ago
Tim Draper to Support Crypto Startups in India Following Crypto Ban Lift
Tim Draper, the founder of Draper Venture Network and Draper University announced his intentions to invest in Indian crypto startups. The news follows the lifting of a ban on crypto trading in the country. A heavy critic of the ban by the Indian government, Draper is hopeful that the best ideas prevailing in the Indian crypto industry. The Indian Government is among several that are anti-crypto. He notes that the Supreme Court ruling signifies how best ideas ultimately prevail, having…
5 years ago
WazirX and Binance to Set Up a $50 Million Fund to Nurture India’s Crypto Startups
Recently, Binance and WazirX joined forces to set up a $50 million token fund to encourage the growth of Indian startups. The announcement noted that Binance’s native tokens, BNB, BUSD, and WazirX’s WRX token are backing the fund. The fund is known as Blockchain for India and will make investments in equity and tokens, ranging from $100,000 to $5 million. It will also provide mentorship and support to universities and student organizations, interested in establishing university blockchain technology incubators. The…
5 years ago