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Estimates for the market’s size by 2030 vary, but all point to significant growth. McKinsey predicts a range of $2 to $4 trillion, which is 59 to 117 times its current size. Citi forecasts $5 to $6 trillion, while BCG and Ripple estimate $9.4 trillion. Ark Invest goes even higher, projecting $11 trillion. These projections generally cover similar types of investments – including bonds, stocks, property, private equity, and venture capital – although each firm includes slightly different assets in its calculations.

Can Aavegotchi DAO Save Web3 Gaming? Spoiler: It’s Complicated

This deep dive (no, not the kind where you lose your crypto wallet) looks at whether a DAO can actually run a game without turning it into a pixelated dumpster fire. We’ll cover the good, the bad, and the “what were they thinking?” moments of DAO-led gaming. And no, this isn’t financial advice-just me, Tina Fey, trying to make sense of Web3 while sipping my coffee.

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The XRP Ledger (XRPL) has been updated to version 3.1.3 on its main network. This update, called the fixCleanup3_1_3 amendment, was activated today, May 27th, at 03:51:20 UTC, starting with ledger index 104,507,137.

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Bitcoin Japan Corporation, a company listed on the Tokyo Stock Exchange, has invested in SpaceX, the space exploration company founded by Elon Musk. This investment represents Bitcoin Japan’s continued focus on rapidly growing technology and digital infrastructure.

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Polymarket is likely to ask more of its users to prove who they are. This comes as the prediction market deals with increasing scrutiny regarding legal compliance, especially concerning sanctions and access from certain countries. According to The Information, Polymarket already blocks users in places like the U.S., Russia, France, and Germany to follow international laws against money laundering and to comply with ‘Know Your Customer’ rules.

Wall Street’s Wooing of NVIDIA: A Tale of Unrequited Affection

Yet, alas! The object of their affection seems disinclined to return their fervor. From its peak of $236, NVIDIA hath retreated, leaving its admirers to ponder the fickleness of the market. Institutional funds, those stalwart supporters, turned their backs on May 27, and even the retail investors, ever so flighty, began their retreat on May 15. It appears the grand ball Wall Street hath planned may be attended by but a few.

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U.S. exchange-traded funds (ETFs) holding bitcoin have only seen a net increase of 4,500 bitcoins this year, which is surprisingly low. According to data from Swissblock shared on Tuesday, these ETFs were major drivers of the price increase seen in 2023.