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India To Lead Web3 Innovation by 2027, Says Report
By Philip Maina 12 hours agoSat Dec 07 2024 11:59:14 Reading Time: 2 minutes India is set to lead in web3 innovations by 2027 according to a new report The report shows that roughly 12% of crypto developers are in India India is also experiencing a rise in web3 startups and investments A new report has revealed that India is set to lead in web3 innovations within the next two years despite having some of the highest crypto taxes. The report by blockchain -focused firm Hashed Emergent noted that close to 12% of crypto developers globally are from India adding...
MicroStrategy’s $42B BTC buy gives Ponzi schemes a bad name
Homepage > News > Business > MicroStrategy’s $42B BTC buy gives Ponzi schemes a bad name MicroStrategy (NASDAQ: MSTR) is raising $42 billion to inflate the price of the BTC token because if founder Michael Saylor doesn’t pump these bags, who will? On October 30, MicroStrategy released its Q3 financial report card, revealing a sharp decline in revenue from its (formerly) core business intelligence software business, while expenses and net losses saw significant increases. Software revenue for the three months ending September 30 fell 10.3% year-on-year, while the rising costs of that revenue resulted in a net loss of $18.5...
Bitcoin (BTC) Retail Demand Drops to 3-Year Low, is the Capital Moving to Ethereum Altcoins?
Once the undisputed king of cryptocurrencies, Bitcoin faces a retail investor exodus. New data reveals a three-year low in retail demand for BTC, sparking concerns about the short-term trajectory of the world’s largest cryptocurrency. On the other hand, Ethereum has been making significant strides, upgrading its network and hosting decentralized apps like RCO Finance (RCOF), which has gained popularity for its AI trading features. As investor interest wanes, speculation about where this capital is migrating is rife. Could Ethereum and its burgeoning altcoin ecosystem be the primary beneficiaries? Find the details below! Bitcoin (BTC) Retail Demand Plummets to 3-Year Lows...
