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Ethereum Staking Sees Record Weekly Inflows Worth Over $1 Billion – What Next for the Ether (ETH) Price?
26.4.2023
In a record week for Ethereum staking, investors moved over 570,000 Ether (ETH) tokens into the blockchain’s staking smart contract last week, according to a Dune analytics dashboard.
That’s over $1 billion worth of Ether tokens and marked the fastest weekly pace of ETH deposits into the staking...
Report: Terraform Labs Co-Founder Indicted on Fraud Charges in South Korea
25.4.2023
Recent local reports have brought to light that Shin Hyun-seong, also known as Daniel Shin, co-founder of Terraform Labs, has been indicted by the Seoul Southern District Prosecutors’ Office on charges of fraud. Along with nine others, Shin is suspected of deceiving investors and accumulating...
Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31
25.4.2023
While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the last 30 days, except for tether, which grew by 2.3%...
Bitcoin Price Prediction as BTC Trading Volume Shoots Past $10 Billion on the Weekend – Where Is BTC Heading Now?
23.4.2023
Bitcoin, the world's most popular cryptocurrency with a 40% market share, shot past the $10 Billion trading volume mark earlier this weekend.
The crypto market pioneer has seen multiple good runs in recent times, and sources say it may greatly influence the market's bullish run soon.
At press...
Value Locked in Defi Descends Below $50B Range 9 Days After 2023 High
23.4.2023
The total value locked in decentralized finance (defi) has descended below the $50 billion range after reaching a 2023 high of $53.63 billion on April 14. This shift has been felt across the board with the top 18 defi protocols recording losses during the past seven days, and the largest defi...
Crypto AI Economy Suffers $730 Million Loss in 2 Months as Interest Wanes
22.4.2023
Less than two months ago, a collection of 74 listed cryptocurrencies centered around artificial intelligence (AI) amassed an impressive $4 billion valuation. However, the intervening weeks have seen a sharp decline in crypto-AI economy gains, with losses of $730 million. The three most prominent...
BRICS Bank ‘Re-taps Into USD Bond Market’ With $1.25 Billion ‘Green’ Bonds
22.4.2023
The development bank established by the BRICS group of nations has issued its first “green” bonds in U.S. dollars (USD). Proceeds from the placement will be used to fund “green” projects supported under the banking institution’s sustainable financing policy. BRICS Development Bank Launches 3-year...
Wallet Bot on Telegram Adds Bitcoin Support to Web Interface Following Tether Integration
22.4.2023
Telegram users can now buy, sell, and send bitcoin, as the leading cryptocurrency has been integrated into the Wallet bot on the popular messaging application. The bitcoin support follows the wallet’s recent tether integration, which enables users to transact with the stablecoin as well....
U.S. Federal Government Greenlights Voyager's $1 Billion Binance.US Acquisition Deal
21.4.2023
The U.S. federal government has approved the bid by Binance’s American branch to buy up the remaining assets of the bankrupt crypto lender Voyager Digital.
In a Twitter thread earlier this week, Voyager’s Official Committee of Unsecured Creditors said a resolution has been reached with...
Bitcoin Price Prediction as $20 Billion Trading Volume Comes In – Is Now a Good Time to Buy BTC?
21.4.2023
Bitcoin, the world's largest cryptocurrency, has been quite fabulous since the start of 2023, soaring over 70% in the first quarter. However, the upward trend appears to be losing steam as BTC recently fell over 2% to $28,284.02.
The current Bitcoin price is $28,238, and the 24-hour trading...
Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump
19.4.2023
It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether...
Dogecoin Price Prediction as $1.5 Billion Trading Volume Comes In – Are Whales Buying?
18.4.2023
The Dogecoin price has dropped by 1% in the past 24 hours, with the cryptocurrency market as a whole barely moving in the same timeframe.
At $0.092602, DOGE has risen by 9% in the past week and by 26% in the last 30 days, with the meme token enjoying a return of 31% since the beginning of...
Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction
17.4.2023
Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins in circulation that the project saw almost a year...
The Super Mario Bros. Movie Expected To Pass $1 Billion, Biggest Movie Release This Year
17.4.2023
The Super Mario Bros. Movie may be a designer baby that Nintendo and Illumination grew in a lab, but all the aggressive marketing that accompanied the release is clearly paying off. The film hit a new record-setting sales benchmark during the weekend of April 15 and 16 and is expected to surpass...
With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021
16.4.2023
Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8%...
Shapella Upgrade Hits, Economist Predicts Biggest Crash ‘in Your Lifetime,’ US Bank Lending Plummets — Week in Review
16.4.2023
In crypto news this week, the Ethereum network’s long awaited Shapella upgrade took effect, unlocking staked ether. In the broader financial world, economist Harry Dent has predicted a massive crash to hit by mid-June, bank lending plummeted by a record $105 billion in two weeks, and...
Bitcoin Price Prediction as $10 Billion Trading Volume Comes In – Where is BTC Heading Now?
16.4.2023
Bitcoin and Ethereum, two of the largest digital currencies, have been making headlines lately as their values continue to rise. It has recently surpassed the $30,000 mark, while Ethereum, which is the second-largest cryptocurrency globally, has reached a multi-month high of $2,000....
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Silk Road Bitcoin Thief, Once Worth $3.4 Billion, Receives One-Year Prison Sentence
15.4.2023
A Georgia man who stole more than 50,000 Bitcoin from the Silk Road marketplace in 2012 has been sentenced to a year in prison.
In a Friday press release, the US Justice Department said James Zhong has been sentenced to one year and one day in prison for charges related to executing a scheme...
Kraken to Unstake Over $1 Billion in ETH After Shapella Upgrade – What Happens Next?
14.4.2023
Major crypto exchange Kraken has taken a leading position in the Ethereum (ETH) unstaking queue following the blockchain’s latest Shapella upgrade, with a number of market observers suggesting that the exchange’s dominance of the queue could be triggered by Kraken's recent legal woes. ...
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Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue Crypto Cards, Push Protocol Reveals ‘Wallet-to-Wallet’ Video Chat
13.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue...