In the whirlwind of April 2024, with Bitcoin ETFs dominating headlines and halving celebration planning in full swing, the Bitcoin Policy Summit emerged as a pivotal moment for policymakers, industry leaders, and human rights champions. Against the backdrop of global discussions on Bitcoin regulation—and coinciding with a solar eclipse—the summit aimed to be a beacon […]

The X account of famous actor Tom Holland, which has over 7 million followers, was recently hacked. The attackers used his platform to promote a fake cryptocurrency and NFT scheme. Fake ‘Spiderverse’ Partnership with Binance The compromised account was used to announce a partnership with the global crypto exchange Binance, supposedly launching “Spiderverse” tokens. A […]

The excitement surrounding the upcoming Bitcoin halving has led to a significant increase in Google searches for “Bitcoin halving,” with interest reaching its highest point ever, more than double that of the last halving event in 2020, and is predicted to hit peak popularity. The halving event, which reduces the rewards miners receive by half, […]

Bitcoin might not be as straightforward and predictable as it may seem

The crypto exchange OKX has launched the public mainnet of its new Ethereum (ETH) layer-2 (L2) network. The L2, called “X Layer,” onboarded more than 200 decentralized apps (DApps) during its testnet stage, according to a new announcement from the exchange. OKX says the network’s DApps include roughly 40 decentralized finance (DeFi) projects, 12 infrastructure […]

Two leading crypto exchanges are adding support for a newly launched Ethereum (ETH)-based altcoin project. In an announcement via the social media platform X, top US crypto exchange Coinbase says it’s adding Omni Network (OMNI) to its trading platform. The Omni Network aims to integrate Ethereum’s rollup ecosystem into a single, unified network. Says Coinbase, […]

Arbitrum, the largest Ethereum layer-2 scaling solution by total value locked (TVL), is taking steps towards decentralization. In an update on April 16, Offchain Labs–Arbitrum developers–said they have deployed the permissionless version of their fraud proofs, dubbed Bounded Liquidity Delay (BOLD), to testnet. Ethereum Layer-2s Are Popular, But There Is A Big Problem Ethereum layer-2 […]

TL;DR The upcoming Bitcoin halving will reduce block rewards from 6.25 BTC to 3.125 BTC. Historically, halvings have resulted in significant price increases over the following 12 months. The growing influence of BTC ETFs is changing market dynamics and may mitigate the impact of the halving on prices. The upcoming Bitcoin (BTC) halving will reduce […]

TL;DR Centrifuge raises $15 million in Series A funding round, led by ParaFi Capital and Greenfield. Since 2017, the platform has been leading the tokenization of real-world assets, acting as a bridge between traditional and DeFi finance. The platform plans to launch an institutional-grade lending market for RWAs on Base, Coinbase’s Ethereum layer 2 network. […]

BlockDAG’s Impressive $17.8M Presale And Moon Video Teaser Set To Eclipse Solana Meme Coins And Pepe’s Price Predictions While Solana Meme coins and Pepe’s price predictions make headlines, BlockDAG is marking its path with ambitious targets and groundbreaking technology. Having already secured $17.8 million from the sale of over 7.6 billion coins, BlockDAG is gearing […]

Bitalplus.com, one of the leading cryptocurrency exchanges, is entering a new phase of its development with an impressive $850 million in daily …

Hong Kong’s highly anticipated spot bitcoin exchange-traded funds (ETFs) are slated to launch by the end of April, according to various industry sources. NEW: 🇭🇰 Hong Kong #Bitcoin ETFs to start trading by 30th April and could bring in $25 billion: Reports Just a matter of time 🚀 pic.twitter.com/Y1Xo4JVrO7 — Bitcoin Magazine (@BitcoinMagazine) April 17, 2024 […]

Sam Altman’s eye-scanning crypto project Worldcoin (WLD) is announcing the creation of its own Ethereum (ETH) layer-2 blockchain. The project’s new blockchain, called World Chain, is designed to give priority blockspace to Worldcoin’s 5 million verified World ID holders over bots, and gas allowance for “casual transactions.” World Chain will also be designed for scalability […]

Leading banks and credit card giants are reportedly now participating in a tokenized deposits pilot project launched by industry body UK Finance. According to a new report by Bloomberg, companies that include Barclays, Citigroup, Mastercard and Visa are teaming up for the effort. The project aims to create a commercial banking system for tokenized deposits […]

Global asset management firm Alliance Bernstein has explained that bitcoin’s bullish trajectory should resume after the upcoming halving event. The firm’s analysts described: “We believe it is always new demand catalysts that lead to bitcoin price appreciation in every cycle.” Bernstein’s Analysts on Bitcoin’s Price Post-Halving Global asset management firm Alliance Bernstein’s analysts Gautam Chhugani […]

Ethereum and Bitcoin are not in the best shape as FUD prevails

Ethena is a synthetic dollar protocol on Ethereum that issues the stablecoin USDe. The asset aims to be a censorship-resistant and scalable form of digital money pegged to the US dollar. On April 16, on-chain analytics firm CryptoQuant took a deep dive into the Ethena ecosystem revealing risks with the latest stablecoin, which has seen […]

The Bitcoin price has recently experienced heightened volatility, causing the largest cryptocurrency in the market to briefly drop below the significant threshold of $60,000 for the first time since March 5.  This price decrease comes just days before the highly anticipated Halving event scheduled for Friday. This event has traditionally been viewed as a positive […]

We believe that the most secure mobile crypto wallet is one that overcomes the inherent constraints of its mobile operating system. For instance, on iOS, Apple’s CryptoKit doesn’t support the secp256k1 elliptic curve, a standard for Bitcoin, Ethereum and many other blockchains. This limitation restricts developers from utilizing the secure element of devices for key […]

New analysis from market intelligence firm Glassnode indicates that financial institutions and ‘smart money’ are playing a role in Bitcoin’s (BTC) price action as the halving approaches. In a new article, Glassnode says the top crypto asset by market cap surged 1,000% during its first halving, 200% during its second, and 600% during the third. […]

About $780 million worth of bullish crypto wagers were liquidated within 24 hours last Friday. The cryptocurrency saw further decline as some …

The Bitcoin halving event, a pivotal occurrence, is scheduled for April, 19 2024. This quadrennial event will reduce the block subsidy for Bitcoin miners from 6.25 BTC to 3.125 BTC, thereby halving the reward that miners receive for their efforts. Such events have historically led to profound shifts in the mining landscape, potentially influencing various […]

TL;DR Ore Suspends Mining: Ore, a Solana-based proof-of-work project, has suspended its mining operations due to ongoing Solana congestions and instability issues on the blockchain. This strategic decision aims to improve the project’s token distribution approach. Solana’s Congestion Issues: Solana has been dealing with network congestion issues, triggered by a surge in transactions from automated bots and […]

TL;DR Ethena’s USDe, the stablecoin from Ethena, has reached a market capitalization exceeding $2 billion. USDe is not backed by physical dollars or over-collateralized with cryptocurrencies, but maintains its value pegged to the dollar through delta hedging of its crypto collateral. Funding risk becomes critical in extremely volatile markets, implying that Ethena could face the […]

The Space ID token has experienced a significant downturn, with a staggering 60% decline over the past 30 days, followed by drops of 26% in the last 7 days and 9% today.  Amidst this downturn, on-chain reports reveal intriguing activity involving DWF Labs, a prominent entity in the cryptocurrency space. According to the reports, DWF […]

The chairman of the Australian Securities and Investments Commission (ASIC) has said his organization views cryptocurrency as a debenture hence it falls under regulatory purview. The ASIC chairman also argued that many cryptocurrency investors are unaware of what they are getting into. Crypto Falls Under the ASIC Regulatory Oversight Joe Longo, chairman of the Australian […]

Mike Novogratz sees US debt blowout, here’s how Bitcoin can help

The recent introduction of Kraken Wallet has marked an advancement in cryptocurrency adoption. This self-custodial wallet is engineered to streamline on-chain transactions. Kraken Wallet emphasizes simplicity, security, and functionality, with the overarching goal of broadening accessibility to decentralized finance. Access to Decentralized Finance: Wallet’s User-Centric Design Regardless of whether individuals are Kraken clients or not, […]

[PRESS RELEASE – Zug, Switzerland, April 17th, 2024] Anomaly, announces the launch of the first AI-powered zero-gas Layer-3 gaming platform leveraging a play-to-airdrop mechanism targeting Telegram’s 900 million daily active users. Powered by Arbitrum Orbit and using Gelato’s Rollup-as-a-Service (RaaS), Anomaly’s new Layer-3 is set to redefine the gaming industry empowering developers to create immersive […]

XRP price is struggling to recover above the $0.5140 resistance. The price must stay above the $0.4550 support to attempt a fresh increase in the near term. XRP is attempting a recovery wave above the $0.450 zone. The price is now trading below $0.550 and the 100 simple moving average (4 hours). There is a […]

A popular crypto analyst thinks one decentralized exchange (DEX) altcoin is primed for a breakout. The pseudonymous analyst Kaleo tells his 634,800 followers on the social media platform X that he’s “still a believer” in PancakeSwap (CAKE), the top DEX on the BNB chain. He thinks the decentralized finance (DeFi) altcoin looks good against Bitcoin (BTC). […]

A crypto investment firm backed by financial giant Citadel is reportedly eyeing a $1 billion valuation after launching its latest round of fundraising. According to a new Bloomberg report, anonymous people familiar with the matter say that Hidden Road Partners, a startup prime brokerage focused on digital assets, is raising funds in a Series B […]