TL;DR Hermetica Labs launches USDh, Bitcoin’s first native synthetic dollar, yielding up to 25%. USDh is fully backed by the leading cryptocurrency and offers a bank-free and fiat-currency alternative. The integration of USDh into the L1 and L2 layers of BTC promises a revolution in decentralized finance. Innovation in the world of decentralized finance (DeFi) […]

TL;DR Bitcoin volatility is decreasing, signaling a trend towards market stability. BTC faces selling pressure from whales, but short-term investors show signs of reducing selling pressure. Macroeconomic factors and developments in the crypto industry influence market expectations. The Bitcoin (BTC) market has been experiencing significant swings in recent weeks, marking a trend towards greater stability […]

Coinbase has enjoyed a stellar start to 2024, with its Q1 earnings call blowing 2023 figures out the park. Although earnings appeared great on face value, investors weren’t as impressed and Coinbase’s stock fell 3% in the days following. Meanwhile, CEO Brian Armstrong spoke strongly about the performance of Coinbase’s L2 venture, Base, and its […]

BlockDAG Excels with $23.2M Presale Following Moon Keynote Video Teaser, Outshining Ethereum ETF Developments, and Fantom’s Meme Coin Initiatives The cryptocurrency market is currently focused on significant regulatory and innovation shifts. While the Ethereum ETF awaits crucial regulatory decisions, and the Fantom Foundation enhances the security of its meme coins, BlockDAG steals the spotlight with […]

According to the latest data, the top ten artificial intelligence (AI)-based crypto assets have experienced double-digit declines over the last 30 days. Despite the downward trend, nine out of the top ten saw a recovery this past week, recording gains ranging from 4% to 30% within seven days. AI Cryptos Rise After Suffering Heavy Monthly […]

Bitcoin is not out of the woods yet despite massive gains

The trading app's cryptocurrency arm received a notice regarding impending action from the SEC on May 4.

The stablecoin sector is not a stranger to controversies, but a recent study questions whether these assets are being widely used as claimed. According to the report, a new metric developed by American multinational payment giant Visa indicates that over 90% of stablecoin transactions aren’t made by genuine users, suggesting that these cryptocurrencies are far […]

Over 90% of stablecoin transactions do not originate from real users, a recent study by Visa and Allium Labs revealed. These findings raise questions about the potential of stablecoins revolutionizing the payment sector despite the optimism from industry leaders and the overall positive market sentiment. Stablecoin Potential in Payments Out of a staggering $2.65 trillion […]

Telegram, the messaging giant, has reached a staggering 900 million users. This surge directly impacts Telegram Open Network (TON), the blockchain designed to work seamlessly within Telegram. TON has seen a remarkable 15% growth in the last week, highlighting its potential to become a mainstream crypto player. TON price action. Source: Coingecko TON: Cheap Transactions […]

Issues such as community discontent, farm accounts and restrictive criteria have plagued recent airdrops.

TL;DR MetaMask’s New Feature: MetaMask, a leading crypto wallet for Ethereum, has launched a new feature called ‘Smart Transactions’ to help users avoid the negative impacts of maximal extractable value (MEV), a significant issue in the Ethereum network. Virtual Mempool: The ‘Smart Transactions’ functionality enables users to preliminarily place transactions in a “virtual mempool” before their definitive registration on the blockchain. This digital mempool is designed to […]

Chainlink teams up with Rapid Addition to develop a FIX-native blockchain adapter, enhancing institutional digital asset trading. The collaboration allows banks and financial institutions to smoothly connect with a range of tokenised assets through their current infrastructure. This joint effort represents a major advancement in merging conventional financial systems with blockchain technology. Chainlink continues to […]

Cryptocurrency can be a threat to the environment. Let us explore the Green Bitcoin which can be an Eco Friendly Cryptocurrency.

As the crypto market exhibits signs of a burgeoning altseason, crypto analyst Alex Wacy has shared a strategic forecast with his 175,000 followers on X. Wacy predicts a selective yet explosive growth phase for altcoins, emphasizing the critical nature of asset selection and market timing. Crypto Market Outlook And Asset Selection Strategy Wacy’s recent thread […]

Investors are keenly looking for the next ample opportunity as the cryptocurrency market witnesses a surge in 2024. Amongst the frontrunners, BlockDAG steals the spotlight with its innovative mining technology, outpacing other popular options like Ondo, Optimism (OP), and Aptos. BlockDAG’s user-oriented mining solutions have positioned it as a top choice in May 2024’s cryptocurrency […]

PRESS RELEASE. Abu Dhabi, AE, May 6, 2024 – Amidst the 2024 resurgence of the bull market, with Bitcoin breaking the $72,000 mark, the demand for sophisticated market making has skyrocketed. Coinrate.pro has emerged as a trailblazer with its innovative market making strategies and forward-looking vision. Sergey Smotrov, the CEO of Coinrate.pro, unveils the company’s […]

Pseudonymous BTC creator Satoshi Nakamoto envisioned privacy in Bitcoin’s whitepaper

Today, we double down on our European expansion strategy by announcing a new strategic partnership that enables us to actively enhance our product offering in Germany, a key market for European crypto adoption. Starting around July 10, 2024, we expect to offer German clients access to a range of innovative crypto products via a dedicated […]

An average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence.

The leading blockchain security firm, CertiK, released its latest report revealing a significant downturn in losses from crypto-related hacks and scams as April concludes. Noting a notable decrease, CertiK stated April saw approximately $25.7 million lost to exploits, hacks, and scams. This figure marks a decline of 141% from the previous month’s losses, demonstrating a […]

Bitcoin Ordinals and Runes platform OrdinalsBot has created the largest Ordinals inscription to date, weighing in at a hefty 3.969 megabytes. Inscription number 70,614,708, the OrdinalsBot team announced Friday, contains a copy of “A Declaration of Independence in Cyberspace” by Logos Network. OrdinalsBot co-founder Brian Laughlan told Decrypt that the size of the inscription had […]

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to […]

Lately dogecoin (DOGE) has been behaving more like a greyhound and less like the Shiba Inu dog that represents the meme-based cryptocurrency.

The Bitcoin network has reached a major milestone, processing its one billionth transaction yesterday, an achievement comes 15 years and 4 months after Bitcoin’s genesis block was mined on January 3, 2009. JUST IN: #Bitcoin has officially processed over 1 billion transactions. pic.twitter.com/bFbSW5NEAW — Bitcoin Magazine (@BitcoinMagazine) May 5, 2024 At an average rate of […]

Smart contracts platform Avalanche (AVAX) is generating excitement in the crypto community with a potential breakout signal. Prominent analyst World of Chart has identified a bullish technical pattern that could propel AVAX prices significantly higher in the coming days. Falling Wedge Pattern Hints At Upside World of Chart points to the presence of a “falling […]

Bitcoin’s testnet needs to be reset so it can remain free for developers to use, says software engineer Jameson Lopp.

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: South African Ponzi scheme mastermind dies of a heart attack in Brazil, the Argentine House advances crypto tax regularization bill, and Buenos Aires targets Worldcoin with a new bill. South African Ponzi Scheme […]

GBTC finally delivered value as Bitcoin ETFs saw net inflow of $378 million on Friday

A crypto analyst who caught the 2022 Bitcoin bottom thinks BTC is close to witnessing a best-case scenario following mostly bearish price action last month. In a new strategy session, pseudonymous analyst DonAlt tells his 59,200 YouTube subscribers that Bitcoin looks strong after losing $60,000 earlier this month only to recover the key level a […]

Economist Henrik Zeberg says that a loss of strength for the dollar could be the catalyst that breathes new life into crypto assets. Zeberg tells his 136,000 followers on the social media platform X that lower bond yields and a weakening dollar index (DXY), which pits the dollar against a basket of other major foreign […]

As the cryptocurrency sector faces fluctuations, Mantle has seen a notable decline, dropping 26.47% over the past month. Meanwhile, significant Ethereum transactions by whales have been spotted. In contrast, BlockDAG (BDAG) continues to excel, raising an impressive $22.9 million in its ongoing presale and integrating 10 new payment methods to purchase BDAG coins, enhancing accessibility […]