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April 2024 Bitcoin Halving Sparks Worldwide Curiosity, Data Reveals

17.2.2024
A recent study focusing on the search term “bitcoin” through Google Trends data revealed that curiosity remained subdued even as the price soared above the $50K mark. Yet, anticipation for the forthcoming reward halving has hit a 90-day peak. Slated for April 2024, this significant...

Yuga Labs’ Acquisition of Proof Fuels Moonbirds NFT Sales Uptick

17.2.2024
Friday saw Yuga Labs, known for creating the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series, unveiled its acquisition of Proof, a notable NFT startup behind the Moonbirds collection. Kevin Rose, founder of Proof, will assume an advisory role within Yuga, and the startup’s team...

Bitcoin Price Prediction as BTC Market Cap Surpasses $1 Trillion – Can Bitcoin Overtake Gold?

17.2.2024
Bitcoin Price Prediction Bitcoin’s market capitalization crossing the $1 trillion threshold represents a pivotal moment in its challenge against traditional assets like gold. As Bitcoin price prediction becomes a hot topic among investors, the digital currency’s recent fluctuation...

Telefonica Partners Chainlink to Mitigate SIM Swap Attacks in Web3

17.2.2024
Telefonica, one of the world’s largest telecom companies, has partnered with Chainlink, a decentralized oracle provider, to improve security in Web3 environments. Through the use of Chainlink functions and Telefonica’s SIM Swap API implementation, Polygon apps would be able to check...

Aptos Foundation and Blockchain Phone Maker Jambo Partner to Bolster Global Web3 Access

17.2.2024
The Aptos Foundation has revealed its collaboration with Jambo, a creator of blockchain-enabled smartphones, to bolster emerging markets through Web3 innovation. The pair state that their alliance seeks to improve Web3 access and knowledge in areas that would benefit greatly, by utilizing the layer...

US EIA Starts Requiring Energy Consumption Data From Cryptocurrency Miners

17.2.2024
The U.S. Energy Information Administration (EIA), a statistics agency of the U.S. Energy Department, has sent letters to cryptocurrency miners requiring data related to energy consumption and configuration of their mining sites. According to one of the letters posted on social media, miners have...

Citi Completes Private Market Tokenization Test Using Avalanche

17.2.2024
Citi, in alliance with Wellington Management, Wisdomtree, and ABN AMRO, completed a proof of concept for the tokenization of a private fund on top of the Avalanche blockchain. The test used Spruce, an Avalanche subnet, to tokenize the fund and transact the tokenized assets, which were programmed...

Justin Sun Unveils Tron-Based Bitcoin Layer Two Roadmap

17.2.2024
Tron is embarking on an ambitious journey to transform the Bitcoin ecosystem, as announced by its founder, Justin Sun. Through the integration of Bitcoin Layer two solutions, Tron seeks to decentralize and interconnect a variety of token types, including major stablecoins, with the Bitcoin network....

Coinbase Vaults Beyond 1 Million Bitcoin Mark, Stash Valued Over $52 Billion

17.2.2024
On Friday, Feb. 16, 2024, bitcoin’s value hovered between $51,850 to $52,350, with onchain insights from Arkham Intelligence revealing that the Nasdaq-listed crypto exchange giant, Coinbase, now possesses over 1 million bitcoin. Based on the current market prices, the stash secured by...

YoMix Replaces Sanctioned Sinbad Mixer for Lazarus Hacker Group: Chainalysis

16.2.2024
After sanctions were imposed on Tornado Cash and Sinbad was shut down following similar actions against the platform, Chainalysis revealed that YoMix, a Bitcoin mixer, has stepped in as an alternative for the North Korean Lazarus Group Recent discoveries by the blockchain analysis firm show that...

Bitcoin ETFs Gobble Another $477 Million Despite Rising GBTC Sales

16.2.2024
Bitcoin spot ETFs in the United States absorbed another $477 million in net flows on Thursday, maintaining record growth despite a revival of outflows from the Grayscale Bitcoin Trust (GBTC). Data compiled from BitMEX Research shows that Bitcoin ETFs have absorbed over $400 million of flows...

Bitcoin's Stall at $52K May Foreshadow Imminent Pullback Before Higher Prices: Swissblock

16.2.2024
Bitcoin's uptrend is supported by strong trading volumes, a bullish sign for continuation, a FalconX report said

$14M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th Largest

16.2.2024
On Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key investors. Following this recent influx of funds and a previous $6.5 million investment from Maelstrom, overseen by Arthur Hayes, in July 2023, the company’s post-valuation has risen to $300...

Bitcoin Price Prediction as Michael Saylor’s BTC Holdings Reach $10 Billion – Will He Sell?

16.2.2024
MicroStrategy’s Bitcoin investment has soared beyond the $10 billion mark, owning over 190,000 BTC as Bitcoin’s value climbs past $50,000. This achievement underscores MicroStrategy’s confidence in Bitcoin’s long-term prospects and its utility as an inflation hedge. Since...

Coinbase’s Philanthropic Arm Donates $3.6 Million to Brink for Bitcoin Development

16.2.2024
Coinbase’s philanthropic arm GiveCrypto is donating $3.6 million to Bitcoin-supporting nonprofit Brink, according to a February 16 announcement. In an X post, Brink announced that all GiveCrypto funds would be directed exclusively to support Brink engineers and their open-source development efforts...

JPMorgan Analyst Criticizes Coinbase's Lack of Insights Into Its ETF Business

16.2.2024
Coinbase reported strong fourth-quarter earnings on Thursday, partly driven by the launch of the ten spot bitcoin exchange-traded funds (ETFs)

U.S. Banks Push SEC For Key Changes In Crypto Regulation Following Spot-Bitcoin ETF Exclusion

16.2.2024
U.S. Banks are pushing for the United States Securities and Exchange Commission (SEC) to change its controversial Staff Accounting Bulletin 121 (SAB 121) after they were excluded from serving as asset custodians for spot-Bitcoin exchange-traded funds (ETFs), according to a February 14th letter from...

New Study Unveils the Total Cost to Attack Bitcoin and Ethereum

16.2.2024
A newly published Social Science Research Network (SSRN) paper by Lucas Nuzzi, Kyle Waters, and Matias Andrade introduces a novel approach to calculating the Total Cost to Attack (TCA) Bitcoin and Ethereum. The comprehensive analysis sheds light on the economic barriers to 51% attacks, challenging...

I Am Hip Hop TV Recognizes Top Web3 Marketing Agency as Unrivaled Media Distribution Expert

16.2.2024
PRESS RELEASE. February 16, 2024 – I Am Hip Hop TV, a pioneering startup dedicated to revolutionizing digital media distribution, announces its strategic approach to enhancing brand visibility and driving engagement across major social media platforms. With a focus aon inciting meaningful...