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Chinese Government Launches ‘Ultra-Large Scale Blockchain Infrastructure Platform’
4.4.2024
The Chinese government is reportedly launching an “ultra-large-scale blockchain infrastructure platform for the Belt and Road Initiative.” The platform will support the implementation of cross-border cooperation projects along the Belt and Road Initiative and provide the base...
Bitcoin Cash Undergoes Halving Event, Sets Stage for May Upgrade
4.4.2024
The Bitcoin Cash network has witnessed its halving event at block height 840,000, leading to a reduction in the miner reward to 3.125 coins per block from the previous 6.25 coins. Miner Rewards Halved on Bitcoin Cash Network The latest block data reveals that the Bitcoin Cash (BCH) network...
ETF Analyst Comments on ARKB Outflows: A Reality Check for Crypto’s Hodler Class
3.4.2024
In a modest yet positive development, U.S. spot bitcoin exchange-traded funds (ETFs) saw a net inflow of $39.5 million, even as the ETF ARKB experienced a substantial outflow of $87.5 million. Despite ARKB’s significant outflow surpassing that of GBTC, Grayscale’s Bitcoin Trust also...
W Token’s Rollercoaster Day: From $1.25 Low to $1.66 All-Time High
3.4.2024
Following Ethena’s ENA airdrop, the community has shifted its focus on Wormhole’s airdrop W, which has been listed on various centralized exchange platforms and coin market cap aggregators. The new token known as W has seen an extremely volatile day with the price tapping an all-time high at $1.66...
Double or Nothing: Proshares Unveils BITU and SBIT ETFs for Bullish and Bearish Bitcoin Bets
3.4.2024
On Tuesday, Proshares introduced two new offerings: the Ultra Bitcoin exchange-traded fund, sporting the ticker BITU, and the Ultrashort Bitcoin exchange-traded fund (ETF), known as SBIT. While BITU is designed to deliver two times the daily returns of bitcoin, SBIT is structured to produce double...
ZK Bridge: Trustless and secure cross-chain Bitcoin token-swapping
3.4.2024
Bitcoin’s liquidity and integration with different blockchains can be enhanced using Bitcoin token swapping. It depicts a groundbreaking mechanism to bridge the gap between Bitcoin and smart contract-equipped blockchains. The Bitcoin token swap protocol designed by ZK Bridge has wide applications...
Japan’s Hokkoku Bank launches Deposit-Backed ‘Tochika’ Stablecoin
3.4.2024
Hokkoku Bank has written new history by launching “Tochika,” which is the first stablecoin financed by bank deposits. Being a regional institution of Japan, Hokkoku Bank is proceeding towards the adoption of new Web3 technology with this new stablecoin launch. This sparks new initiatives...
Ethena’s ENA Token Soars 80% Since Launch, Now a Top 100 Crypto Asset Amid Defi Buzz
3.4.2024
Since its launch on April 2, the Ethena governance token ENA has experienced an 80% climb in value against the U.S. dollar, ascending from an all-time low of $0.532 per token. Currently, it ranks among the top 100 coins by market capitalization, boasting a total valuation of $1.36 billion at...
Van Eck Scion’s new stablecoin debut grabs crypto fans’ attention
3.4.2024
Van Eck is heavily investing in stablecoins, a relatively new type of cryptocurrency. In order to bolster the case for investment, Agora raised $12 million in finance under the direction of Dragonfly. Van Eck will assume the role of fund manager for Agora’s stablecoin reserves. Nick Van...
BitTorrent (BTT): Buy the dip or wait for a better entry point?
3.4.2024
BTT, or BitTorrent, is up by 0.09% in the last 24 hours, listed at $0.000001425. The rise comes at a time when the crypto market is navigating around its constant downfall. However, its valuation is down by 9.28% in the last 7 days as the market cap sheds 0.13% in weight. It is safe to …
Is Cardano copying the 2018-21 fractal? Hints a promising future!
3.4.2024
Cardano has been labeled the next ‘Ethereum killer’ because of the volatility of its price sloping up and confronting troughs, which has had a big impact on the cryptocurrency market. Cardano has encountered a significant challenge, prompting cryptocurrency fans to question whether...
BTC & ETH margined contracts already into the negatives – Popular trader
3.4.2024
There is a significant drop in the overall sentiment within the cryptosphere. BTC and ETH are leading the charge pretty much like they did at the time of the bull run. Bitcoin and Ethereum have dropped from their recent ATH, retracing to a level that the holders were expecting but hoping for....
Bitcoin Technical Analysis: Price Consolidates Following Bearish Downturn
3.4.2024
On Wednesday, bitcoin’s trade volume and overall value provided insights into its current technical situation. With a daily trading volume reaching $45.30 billion and a total market value of $1.29 trillion, the cryptocurrency’s liquidity and market breadth still stands strong....
Dogwifhat (WIF) and Pepe (PEPE) run out of steam. Investors look to ETFSwap ($ETFS) for mouth-watering gains
3.4.2024
With the bull market back again, Dogwifhat (WIF) and Pepe (PEPE) investors are searching for crypto tokens that could guarantee substantial returns. While these investors have sometimes turned to meme coins for incredible gains, they understand that the rally by these meme coins isn’t sustainable. ...
Cosmos (ATOM) and Cardano (ADA) fans discover a new cuddle buddy in Koala Coin (KLC) ICO
3.4.2024
Is the rise in cryptocurrency interest signaling the arrival of the next major token? Koala Coin supporters believe so, with its ICO now in stage one presale priced at $0.014. In all of this excitement, fans of Cosmos (ATOM) and Cardano (ADA) are rushing to join the Koala Coin (KLC) project...
Avalanche (AVAX) and Toncoin (TON) enthusiasts migrate to the cuter plusher Koala Coin (KLC) presale
3.4.2024
Cryptocurrency is changing how we think about money, drawing people to new and exciting tokens. Koala Coin is one of them and it’s gaining popularity with its stage one presale priced at $0.014. People who like Avalanche (AVAX) and Toncoin (TON) are showing interest in Koala Coin (KLC),...
Cardano (ADA) and Cosmos (ATOM) investors cuddle up to new meme coin Koala Coin (KLC)
3.4.2024
Cryptocurrency continues to challenge traditional finance and the latest buzz comes from Koala Coin. With its presale now in stage one at just $0.014, investors from giants like Cardano (ADA) and Cosmos (ATOM) are flocking towards Koala Coin (KLC), eager to not miss out on what could be the meme...
Crypto market correction: Panic or Opportunity?
3.4.2024
Liquidation is above $400 million as Bitcoin loses its charm. It has been termed a price correction, with a hint that it was expected to happen ahead of Halving. BTC and ETH are down significantly from their recent ATH, sending signals that bears are running open and could walk for a few more...
Aave Proposal Aims to Safeguard Against DAI’s Rapid Market Cap Increase
3.4.2024
The Aave Risk Framework Committee (ARFC) has proposed adjustments to the risk parameters of the dai (DAI) stablecoin to mitigate potential risks associated with Makerdao’s aggressive expansion of the DAI credit line. The proposal, initiated by the Aave Chan Initiative (ACI) team, suggests...
Should you buy Avalanche (AVAX) during the dip?
3.4.2024
Avalanche, the popular cryptocurrency, is now mirroring the pullback in the crypto market. The movement has pushed investors to wonder if AVAX is offering a buying opportunity or if it is a red flag. The past few weeks have witnessed a momentum shift in the crypto market. Bitcoin, the market...