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US Senator Says ‘So Much Appeals to Me About Bitcoin’
11.4.2024
U.S. Senator Marsha Blackburn has revealed that there is “so much that appeals” to her about bitcoin. She explained that as we move forward and people are more comfortable with the cryptocurrency, “there will be more transactions in your daily life where bitcoin is accepted as...
Lawmaker Highlights 2 Bills to Make US a Crypto Leader — Says Bitcoin Is ‘Unstoppable’
11.4.2024
Congressman Patrick McHenry says bitcoin is unstoppable and every regime that’s tried to shut it down has failed. He emphasized that the U.S. must become a leader in digital assets, noting that two congressional bills offer a path toward clear regulations. Two Pieces of Legislation Could...
Binance CEO Discusses Company’s Plan After Settlement With US Authorities
11.4.2024
Binance’s chief executive has shared his company’s future direction and areas of focus following its settlement with U.S. authorities, including the Department of Justice (DOJ). “We have moved past that as the company move into greater maturity,” he insisted, adding that...
Auradine Secures $80 Million in Series B to Accelerate Bitcoin Mining Rig Production
10.4.2024
On April 10, the bitcoin mining rig producer Auradine revealed it had secured an $80 million investment in a Series B funding round. Additionally, the company highlighted that it has also achieved $80 million in bookings. Auradine Raises $80 Million, Doubling Down on Teraflux Mining Rig Expansion...
Founder of Taiwan’s Ace Exchange Indicted in $10.7M Fraud Case
10.4.2024
On April 8, a Taiwanese court charged David Pan, the founder of Ace Exchange, and six other people on allegations of money laundering and cryptocurrency fraud involving digital currencies worth $10.7 million.
The post Founder of Taiwan’s Ace Exchange Indicted in $10.7M Fraud Case appeared...
Stepn Rewards Move-to-Earn Users With $30 Million in FSL Points Airdrop
10.4.2024
On Wednesday, the Web3 fitness and move-to-earn platform Stepn unveiled a $30 million airdrop campaign, offering participants the chance to earn FSL points that can be exchanged for GMT tokens. Stepn Reveals $30M Airdrop, Precedes Big Brand Collaboration The Solana-based Stepn has begun...
US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline
10.4.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of net withdrawals, documenting a $19.4 million decrease. The holdings of GBTC diminished from 322,697.17 bitcoins to 318,451.70. U.S. Spot Bitcoin ETF Landscape: Outflows Continue to Persist On April 8, 2024, the U.S. spot...
Committee on Banking, Housing, and Urban Affairs hears claims of stablecoin abuse
10.4.2024
Wally Adeyemo, the US Treasury Deputy Secretary, has released an official statement on how stablecoins are being used to avoid established security safeguards. The statement was issued before a hearing with the Senate Banking, Housing, and Urban Affairs Committee. It references various terrorist...
BitGo embraces ARB token, Enhancing Arbitrum’s Layer 2 capabilities
10.4.2024
BitGo decided to back ARB, a conventional ERC-20 governance token for Arbitrum, wherein customers can custody ARB in hot, custodial, and cold wallets. Added to that is the self-managed cold wallets. Arbitrum is a Layer 2 technology created to improve upgrading services by strengthening users’...
Truflation launches Stream Network with TRUF token, democratizing economic data
10.4.2024
Truflation delivers the Truflation Stream Network, booted by its conventional token, TRUF, accessible on prime international exchanges such as MEXC, Gate.io, and KuCoin. This will pave the way for democratizing finance and offering connectivity with on-chain financial and economic data. The TRUF...
$500 million Bitcoin (BTC) whale wakes up after 8 months to buy promising new presale
10.4.2024
Analytics platform Lookonchain has recently spotted and reported the activity of a dormant Bitcoin (BTC) whale after eight years. This has sparked speculation among crypto community members about how this recent development could affect the crypto market. Others, however, are optimistic that this...
$500 million Bitcoin (BTC) whale wakes up after 8 months to buy promising new presale ETFswap (ETFS)
10.4.2024
Analytics platform Lookonchain has recently spotted and reported the activity of a dormant Bitcoin (BTC) whale after eight years. This has sparked speculation among crypto community members about how this recent development could affect the crypto market. Others, however, are optimistic that this...
Anticipation Builds as Bitcoin Stands Less Than 1,400 Blocks From Monumental Halving
10.4.2024
According to the latest data, we are now less than 1,400 blocks away from the anticipated Bitcoin halving event, which will decrease the block reward from 6.25 bitcoin to 3.125 bitcoin. Bitcoin’s value soared to a new all-time high on March 14, reaching $73,794 per bitcoin, but has since...
SOL slows down as ETH unifies nicely with a bullish divergence
10.4.2024
The recent price fluctuations, say in 7 days, can help understand a comparison between Solana’s SOL and Ethereum’s ETH. Needless to say, ETH’s token value is far higher than SOL’s; however, for the time being, the emphasis is on the rise or loss in value. SOL’s exchange value...
NEAR sets $4M for infrastructure boost with new committee
10.4.2024
The NEAR Foundation has announced a very important step towards solidifying its infrastructure: establishing the Infrastructure Committee with a pledge of $4 million for upgrading the blockchain’s basic functions. The initiative was prompted by a continuous user and transaction increase...
PoS Coins: Who will emerge on top?
10.4.2024
The crypto landscape has shifted positively in the past few months. The shift has emphasized the performance of PoS (proof-of-stake) protocols given their popularity. Names like Solana, Cardano, and Ethereum have ruled the PoS coin category. The coins compete for market dominance, but which is...
Birdeye integrates Sui Network: Boosting crypto data & user base
10.4.2024
As layer 1 chains become more meticulous, it’s clear that layer 1 protocols form the bedrock of blockchain technology. These blockchains are essential worldwide, ensuring fundamental security and agreement. The upcoming upgrades in Layer 1 also pave the way for developments in Layer 2...
Bitcoin Technical Analysis: BTC Remains Range Bound Ahead of US Inflation Report
10.4.2024
Bitcoin’s price movements on April 10, 2024, showcased a day of significant volatility, with the cryptocurrency’s value swinging between $68,207 and $70,917. Oscillators and moving averages paint a complex picture of neutrality and cautious selling signals, amidst a backdrop of...
zkSync welcomes native USDC: Fast, secure & efficient
10.4.2024
Circle is proud to announce the public launch of zkEvict, which includes USDC native on zkSync and is introduceable for developers and users without the need for any bridged movement. This integration unites two of the most prominent players in this segment—Circle Mint and Circle APIs—and USDC...
Filecoin Staking Protocol Core Team Detained by Chinese Police; $22 Million in FIL Tokens Sent to Unknown Address
10.4.2024
STFIL, the Filecoin liquid staking protocol, believes its core technical team is being investigated by the Chinese police. The STFIL team said it also recently detected abnormal and unscheduled upgrades to the protocol. During the core technical team’s detention, FIL tokens worth over...