Bitcoin miners will have to deal with the double-whammy of block reward reduction and growing competition from AI companies
We’re thrilled to announce the support for bonded on-chain staking strategies for TIA starts now in most regions! Start staking on Kraken Pro How can I start staking? Add crypto assets to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Clients can now stake crypto assets and earn up to […]
Recently, this MIT PhD has caught the attention of the cryptocurrency community. As an intellectual woman, her life was on a smooth trajectory.
The cryptocurrency community is abuzz with speculation as the next Bitcoin halving event approaches. While all eyes are naturally on Bitcoin itself, XRP, Ripple’s native token, has emerged as a surprising source of intrigue. Historical price movements, recent legal developments, and a range of expert predictions are fueling a sense of cautious optimism for XRP’s […]
As the cryptocurrency market experiences a significant downturn, one savvy investor’s decision to liquidate positions at the right moment stands out as a wise move. The recent 7.6% drop in the total market value of cryptocurrencies highlights the importance of strategic decision-making in navigating volatile market conditions. The investor, referred to as “smart money,” had […]
Bitcoin’s price may be due for another correction despite a strong recovery from its weekend dump to $61,000, according to analysts at CryptoQuant. In a community “quicktake” posted on Monday, Bitcoin and Ethereum trader GAAH noted that the prevailing bullish market sentiment may be getting too hot based on information from the perpetual futures market. […]
Former Treasury Secretary Larry Summers is warning that a potential rate cut by the Federal Reserve would be a serious mistake. In a new interview with Bloomberg Television, Summers comments on the latest core consumer price index (CPI) numbers that came in hotter than expected, saying that no one should be surprised by the presence […]
TL;DR Bitcoin and other cryptocurrencies suffer sharp declines due to geopolitical tensions between Israel and Iran. The fourth Bitcoin halving is scheduled for April 19, 2024, reducing the block reward from 6.25 to 3.125 BTC. Bitcoin, Injective, Dogecoin, and Stacks are gearing up for key events in the coming days. The cryptocurrency industry faced a […]
TL;DR Investor Hesitancy: Digital assets experienced minor outflows of $126 million last week, with Ethereum (ETH) facing the largest withdrawal of $29 million, marking its fifth consecutive week of outflows. Altcoins Attract Funds: Despite the overall outflow, alternative cryptocurrencies like Decentraland, Basic Attention Token, and LIDO saw inflows totaling $9.6 million. Trading Volume Insights: Trading […]
A closely followed crypto strategist thinks that Bitcoin (BTC) is positioned to surge to new all-time highs following last week’s drop to around $60,000. Pseudonymous analyst Kaleo tells his 634,700 followers on the social media platform X that Bitcoin appears to be mirroring its December 2023 to January 2024 price action – when the market […]
PRESS RELEASE. April 15th, 2024 –– Aligned Layer has successfully raised $2.6 million in a funding round led by Lemniscap, a VC firm specializing in emerging crypto assets and early-stage blockchain startups. The round also won investment from Paper Ventures, Bankless Ventures and industry angels. The raise marks a significant milestone in Aligned Layer’s mission […]
Hong Kong has reportedly approved its first spot bitcoin exchange-traded funds (ETFs), with multiple issuers announcing they received permission to launch Bitcoin ETFs. China Asset Management, Bosera Capital and other applicants posted on social media that they got clearance to list spot Bitcoin ETFs in Hong Kong. However, the Securities and Futures Commission (SFC) has yet […]
The Hong Kong Securities and Futures Commission (SFC) has officially approved several spot Bitcoin and Ethereum exchange-traded funds (ETFs), a decision that marks a significant development in the region’s burgeoning crypto market. These approvals were granted to prominent asset managers including China Asset Management, Bosera Capital, and HashKey Capital Limited, alongside an in-principle approval for […]
Brutal reversal we have witnessed might end badly for this bullish cycle
Cryptocurrency, as you'll remember, is a digital or virtual form of currency that uses cryptography for security. Now, in terms of trading, it's not …
DWF Labs, a prominent market maker and institutional investor in the cryptocurrency sphere, has disclosed impressive gains exceeding $8 million from trading JasmyCoin (JASMY) since June 2023. This revelation comes amidst a volatile market environment, with cryptocurrencies experiencing fluctuations in value. According to data sourced from Spotonchain, DWF Labs recently deposited 100 million JASMY tokens, […]
Binance executive Nadeem Anjarwalla is facing extradition from Kenya following his escape from custody in Nigeria. He was spotted after a manhunt was launched from Nigeria that led the authorities to Kenya, where his whereabouts were discovered. Binance Executive Set to Be Extradited According to a local report, the Nigerian government is working on extraditing […]
The blend of cryptocurrency and sports sponsorship has become crazier as Real Bedford, a non-league English football club, received $4.5 million investment in Bitcoin from Cameron and Tyler Winklevoss, the twins who founded the crypto exchange Gemini. An Investment towards Ownership Following the investment, the Winklevoss twins will share the ownership of the club with […]
A closely followed analyst is forecasting when altcoins can recover from their current downturn and enter into another “hype cycle.” The pseudonymous analyst known as Rekt Capital tells his 450,400 followers on the social media platform X that altcoin market cycles tend to happen in quarterly waves, with the last cycle recently peaking this month. […]
The past week has not been favorable for the majority of cryptocurrency assets, with only four specific digital currencies recording gains. This week, ONDO appreciated by 13.2%, TON increased by 11.3%, PENDLE grew by 6%, and LEO saw a slight uptick of 0.5%. Market Update: A Tough Week for Crypto With Few Standouts The landscape […]
Tribalism has existed for as long as tribes themselves. For as long as humans have been organizing into social groups, we’ve been hating on the group in the next valley. Even though we have much more in common with them than we would care to admit. It is not surprising therefore that bitcoiners and ethereans […]
In a post on X (formerly Twitter), Lucie, the marketing lead for Shiba Inu, has provided potential investors with a new set of guidelines for evaluating projects within the Shibarium ecosystem, a dedicated layer-2 blockchain aimed at enhancing the Shiba Inu network. This guidance focuses on critical factors that reflect a project’s contribution to the […]
TL;DR Vitalik Buterin surprised the market by endorsing the new altcoin Railgun (RAIL), resulting in a 240% increase in its price. Buterin praised RAIL’s innovative privacy pools protocol that allows for private transactions. Before his public endorsement, he transferred 100 ETH (approximately $325,000) to the protocol and had been interacting with the project for the […]
TL;DR Significant growth in Cardano’s Plutus V2 smart contracts during April. Reached more than 1,000 new contracts in one month. Mixed outlook in the cryptocurrency market in the face of ADA evolution. In the world of cryptocurrencies, technological evolution is a key factor for the competitiveness and relevance of a blockchain platform. In this sense, […]
A whopping half a million new cryptocurrencies have been launched in the first quarter of 2024. Memecoins are largely responsible for the surge in new tokens, thanks to impressive gains among popular assets like Dogwifhat and Pepe. However, new project launches were on the rise before the March Memecoin Madness, suggesting that activity among developers […]
Has price of Bitcoin (BTC) reached oversold zone?
Global Cryptocurrency Market Report 2024-2028, Featuring AlphaPoint, Bitcoinforme, Bitfury, CEX.IO, Coinbase, Dogecoin, KuCoin, Ledger, Pantera …
A widely followed crypto analyst says that Ethereum (ETH) competitor Solana’s (SOL) nearly 45% devaluation from its 2024 high may end up being a “lifetime opportunity” for long-term bulls. Pseudonymous crypto trader Inmortal tells his 212,400 followers on the social media platform X that Solana looks poised to erase most of its losses in the […]
Landesbank Baden-Württemberg (LBBW), Germany’s state-backed lender, has unveiled plans to venture into cryptocurrency custody services. In a strategic move, LBBW has announced a partnership with the Austrian exchange platform Bitpanda to facilitate this initiative. Expansion into Cryptocurrency Custody This collaboration aims to provide LBBW with the necessary infrastructure for “Investment-as-a-Service,” enabling the storage and procurement […]
Yield Guild Games (YGG) faced a downturn in the past 24 hours, slipping below the $1 mark. The cryptocurrency, which was once valued higher, has experienced a decline in both its price and market position in recent times. According to reports, Wintermute, a significant player in the crypto space, made a substantial deposit of 12.08 […]
With increasing cryptocurrency-related crimes in Hong Kong, Bitrace has ramped up its efforts to tackle the problem. The prominent data analysis company has reportedly conducted training sessions on on-chain fund tracking for members of the Hong Kong Police Force. Bitrace Bolsters Efforts to Combat Crypto Crimes The latest initiative is part of the company’s Corporate […]
Toncoin (TON) has defied recent market turbulence, reaching a new milestone with its price surging to an all-time high of $7.0. This nearly 25% increase has propelled Toncoin to become the eighth largest cryptocurrency by market cap, surpassing Dogecoin (DOGE) with a market cap of nearly $25 billion. Toncoin: Powered By Strategic Partnership Toncoin’s recent […]