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Crypto Economy Rebounds With 2.13% Gain; Newcomers W, CORE, and ENA Face Downturns

4.4.2024
The cryptocurrency market experienced a positive uptick on Thursday, reclaiming its position at $2.55 trillion, marking a 2.13% gain against the U.S. dollar. Despite a decrease in trading activity, with volumes at $90.78 billion over the past day, bitcoin rose by 2.3%, surpassing the $68,000...

Near Record High Funding Rate Suggests Bitcoin Pullback Not Over

4.4.2024
Though modestly higher today, bitcoin remains lower by about 8% from its record high hit two weeks ago

First Mover Americas: Galaxy Digital to Raise $100M for New Fund

4.4.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for April 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

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

Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says

4.4.2024
The valuation is based on the future expected usage of several layer 2 networks across usecases such as metaverse, banking and gaming

Wormhole’s W Token Is Paying Out 999% a Week on Solana Protocol Kamino

4.4.2024
The Solana DeFi application Kamino is offering a weekly yield of more than 999%, paid out in W and JTO tokens

Crypto Market Maker GSR Wins Singapore’s Stringent License

4.4.2024
Singapore regulators have granted a Major Payment Institution (MPI) license to crypto market maker GSR Markets, establishing the company as among the initial recipients of such authorization within its sector. The post Crypto Market Maker GSR Wins Singapore’s Stringent License appeared first...

Crypto Market Maker GSR Recieves Singapore Crypto License

4.4.2024
The license is the first awarded by Singapore to a crypto market maker

Frax Finance Expands to Cosmos Ecosystem Via Asset Issuance Chain Noble

4.4.2024
The Frax token (FRAX), a crypto-collateralized stablecoin pegged to the U.S. dollar, and its staked version, sFRAX, will become native to the Cosmos ecosystem via Noble

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...

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...

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...

Are You Too Late to Crypto?

3.4.2024
Recent price appreciation veils the far greater potential of blockchain technology

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...

Markets Tumble as Fed Rate Cut Expectations Diminish

3.4.2024
Attention is riveted on the Federal Reserve’s assembly set for May 1, with widespread anticipation that the U.S. central banking authority might lower the federal funds rate at this juncture of the year. Currently, market forecasts suggest a rate reduction is very unlikely, and Cleveland...

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....