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Bitcoin Cash Spikes 10% After Halving, Bitcoin Hovers Above $66K
4.4.2024
Analysts said BTC traders are probably waiting for macroeconomic signals before making a move, referring to the current market lull
Binance Establishes Its First Board of Directors, Remains Without Global Headquarters
4.4.2024
After years of operating without a board, Binance recently established its first board of directors, chaired by a former diplomat from Barbados. The cryptocurrency exchange still lacks a global headquarters. Some critics argue that the board members do not possess the necessary experience for...
Billionaire Steve Cohen’s Son Nudged Him Into Bitcoin, But He Keeps a Watchful Distance
4.4.2024
Steve Cohen, the billionaire founder of Point72 Asset Management, allocated a modest portion of his portfolio to Bitcoin at the encouragement of his son.
The post Billionaire Steve Cohen’s Son Nudged Him Into Bitcoin, But He Keeps a Watchful Distance appeared first on Cryptonews
Lumerin and Quai Announce Strategic Collaboration to Enable On-Chain Compute Power Trading
4.4.2024
PRESS RELEASE. Chicago, IL — April 4, 2024 — Lumerin, a pioneer in the decentralized Bitcoin mining marketplace, and Quai, a groundbreaking Layer-1 crypto network for the global and compute economies, proudly announce a strategic alliance aimed at expanding access to Bitcoin mining. This...
Bitcoin futures poised for surge: Market sentiment booms
4.4.2024
Recently, there has been a resurgence in the popularity of Bitcoin futures in the cryptocurrency market. This surge comes after a brief lull following Bitcoin’s all-time high. Major players like ProShares, who focus on leveraged funds, also capitalize on the increasing demand for investment...
US Courts Have Serially Rejected Crypto Industry’s ‘Decade’s Worth of Arguments’ – SEC Director
4.4.2024
Over the past decade, the U.S. Securities and Exchange Commission (SEC) has contended with “significant non-compliance” and “creative attempts” by cryptocurrency market participants to avoid its jurisdiction. According to the SEC’s enforcement director, the commission...
Van Eck Analysts Foresee $1 Trillion Market Cap for Ethereum’s Layer Twos by 2030
4.4.2024
Van Eck analysts predict that Ethereum’s Layer two (L2) scaling solutions will reach a $1 trillion market cap within six years, fueled by the need to overcome Ethereum’s limitations in processing capacity, data storage, and computation. Despite acknowledging the potential...
Bitcoin Price Prediction as BTC Tumbles to $65,000 Level – Time to Buy the Dip?
4.4.2024
Bitcoin's fall to $65,394 ignites debate on future movements, with the $66,631 pivot point poised to determine BTC's path in a volatile market.
The post Bitcoin Price Prediction as BTC Tumbles to $65,000 Level – Time to Buy the Dip? appeared first on Cryptonews
Coinbase Uses Lightspark for Bitcoin Lightning Transactions
4.4.2024
Coinbase Global has announced it will be using Lightspark to bring the Bitcoin Lightning Network to its network for faster and cheaper payment transfers.
The post Coinbase Uses Lightspark for Bitcoin Lightning Transactions appeared first on Cryptonews
Binance: Detained Executive Lacks Decision-Making Authority, Must Be Released
4.4.2024
Tigran Gambaryan, the Binance employee detained by Nigerian authorities, is a stringent law enforcement professional with no decision-making authority, according to the crypto exchange. Through his Financial Crime Compliance (FCC) team, Gambaryan has responded to more than 600 information requests...
Coingecko Report: Meme Coins Eclipse AI and RWA Tokens With Stellar Q1 Performance
4.4.2024
In the first quarter of 2024, meme coins significantly outshone all other cryptocurrency narratives by delivering an astonishing average return of 1312% across its leading tokens, as observed in a report by Coingecko. Among these, the newly launched tokens Brett (BRETT), BOOK OF MEME (BOME),...
Precious Metals Shine: Gold Hits Record High, Silver Sees Substantial Gains
4.4.2024
The price of gold continues to hit unprecedented highs, with one troy ounce of .999 fine gold now trading at $2,298. Silver is also beginning to ride the wave of gold’s recent uptrend, with its value climbing 3.64% on Wednesday surpassing the $27 per ounce mark. Gold’s Historic Ascent...
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...
Protocol Village: Optimism-Based DEX Velodrome Deploys to Bitcoin L2 BOB
3.4.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 4-10
Choppy Bitcoin Price Action Continues Ahead of Friday's Jobs Report
3.4.2024
Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction
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...
Bitcoin Is A Hedge Against Currency Devaluation, Says Ark CEO Cathie Wood
3.4.2024
Cathie Wood believes part of Bitcoin's latest rally has been driven by a "flight to safety" from weaker currencies.
The post Bitcoin Is A Hedge Against Currency Devaluation, Says Ark CEO Cathie Wood appeared first on Cryptonews
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...