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Despite the recent spike in mortgage rates, home builders are growing more confident in the housing market.The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index rose 2 points from the previous month to 43 in October, marking the second straight month of increases. The October figure was higher than economists’ expectations of 42, according to Bloomberg data.Still, readings below 50 indicate that more builders consider conditions to be worse than good.”Although housing affordability remains low, builders are becoming more optimistic about market conditions in 2025,” Karl Harris, chairman of NAHB, a Wichita, Kan., custom home builder, said in…

According to its Q3 Commentary Report, ARK Investment Management believes that technological innovations, particularly in artificial intelligence and blockchain technology, could be critical to revitalizing the global economy.As inflation turns to deflation in several sectors, ARK believes that its five innovation platforms – robotics, energy storage, AI, blockchain, and multi-OMIC (biological analysis) sequencing – will be the key drivers for the next five to 10 years. We believe that this could have a significant impact on macroeconomic indicators.Catherine Wood, the company’s CEO and CIO, said the convergence of these technologies is expected to drive significant growth. Mr Wood said:“Interest rates…

Grayscale has filed with the SEC to convert its $520 million digital large-cap fund that tracks multiple cryptocurrencies into a spot ETF. This transformation will make it easier for investors to trade the stock. Grayscale Investments, the largest digital asset manager, is in the process of converting its digital large-cap fund into an exchange-traded fund (ETF). The fund includes popular cryptocurrencies such as Bitcoin, Ethereum, Solana, XRP, and Avalanche, and is currently awaiting approval from the US SEC. Grayscale’s latest actions demonstrate the company’s desire to expand and strengthen its position in the crypto ETF market. Grayscale is not a…

Dogecoin’s large transactions increased from 15.27 billion to 21 billion. Foreign exchange inflows also reached an eight-week high of more than $623 million, which could increase selling pressure. Dogecoin (DOGE), the largest meme coin by market capitalization, is one of the best performing among the top 10 largest cryptocurrencies. DOGE has gained 13% in the past 7 days and is trading at $0.12 at the time of writing. CoinMarketCap data shows that trading volumes have surged by nearly 60% as of this writing, with these gains coming from increased interest in meme coins. Whales likely contributed to the increase in…

The fusion of blockchain technology, games, and the virtual economy has created a new frontier called the gaming multiverse. As game developers and major technology companies begin to explore the potential of interconnected virtual worlds, also known as the Metaverse, one question arises. What will be the main currency in this vast digital world? As a result, Ethereum has become the leading candidate. By 2030, will ETH become the currency of the gaming multiverse, enabling transactions, ownership, and governance in the virtual economy?Here, we examine Ethereum price predictions for 2030 and discuss what ETH’s future could hold and whether the…

Stripe is reportedly in talks to acquire Bridge, a fintech company specializing in stablecoin solutions. This move positions Stripe to further strengthen its focus on digital currencies, lead the stablecoin market, and power global payments for customers such as SpaceX. Global payments giant Stripe is reportedly in talks to acquire Bridge, a fintech platform specializing in stablecoin solutions. This potential acquisition, which has not yet been finalized, signals Stripe’s increasing focus on the stablecoin space as it continues to explore the possibility of integrating digital currencies into its payment services. . Sources close to the discussions, first reported by Bloomberg,…

PARIS, FRANCE – FEBRUARY 16: In this photo illustration, a visual representation of the digital… (+) Cryptocurrencies, Bitcoin, Ripple, Ethanum, Dash, Monero, Litecoin, published on February 16, 2018 Shown in Paris, France. Digital cryptocurrencies experienced unprecedented growth in 2017, even though they remain highly volatile. (Photo illustration: Chesnot/Getty Images)Getty Images Are you, our reader, trading cryptocurrencies? Are you accumulating wealth there? Especially if the answer is no, it is useful to consider such answers in the light of a recent national poll conducted by The Digital Chamber. It is clear that change is afoot, and the latter is likely rooted…

Blockchain infrastructure startup Hyve has come out of stealth mode and revealed HyveDA, its innovative data availability (DA) protocol. Claiming breakthrough performance metrics, HyveDA aims to address the critical issue of scalability in decentralized applications and layer 2 solutions, potentially reshaping the blockchain landscape. Benchmark-breaking performance According to Hyve, HyveDA has achieved throughput benchmark results of over 1 GB/s, which the company claims is 100 times faster than current market-leading DA solutions. This significant increase in data processing power has the potential to address a significant bottleneck in blockchain scalability. Hyve CEO Douwe Fassen highlighted the potential impact of this…

Enjoy Blockworks.co’s Empire Newsletter. Get the news delivered straight to your inbox tomorrow. Subscribe to Empire Newsletter. Not just a fad Wake up, baby, a new crypto nation has just been born. No, but in fact, a16z’s latest report is full of interesting pieces covering the entire industry. Yesterday I wrote about the main points, but this morning I wanted to focus on some data points. That’s what the team discovered when researching stablecoins. “We have seen stablecoins fit into commodity markets, and I think the main reason for that is lower transaction fees. Stablecoins work best when fees are…

Yellowcard, the largest and first licensed stablecoin on/off ramp on the African continent, today announced the closing of its Series C funding. The $33 million equity raise was led by Blockchain Capital with participation from Polychain Capital, Third Prime Ventures, Castle Island Ventures, Block, Inc., Galaxy Ventures, Blockchain Coinvestors, Hutt Capital, and Winklevoss Capital. This funding is an important milestone for the company and the African fintech industry as a whole, validating the vision and progress of stablecoins on the African continent and the practical application of the technology around the world. This funding not only demonstrates our resilience but…