XRP Sees An Alarming 1,800% Surge In Liquidations, Whats Going On?
XRP has witnessed an alarming amount of liquidations in the last 24 hours. This has no doubt caused concerns in the XRP community, considering the impact that the derivatives market has on a crypto’s price. $1.32 Million XRP Positions Get…
A Deep Dive Into Bitcoin Miners' Strategies During The Halving
The Bitcoin halving event is pivotal in the cryptocurrency world, impacting miners' strategies and the entire network's dynamics. As the rewards for mining new blocks are slashed in half, miners must adapt their approaches to maintain profitability…
43 Bitcoin Projects Secure Key Funding in 2024 Attracting Over $127 Million
Since the onset of 2024, the Bitcoin ecosystem has seen an influx of capital flowing into startups. Data gathered by Coin98 Analytics from the web portal crypto-fundraising.info, reveals that over the past few months, 43 Bitcoin-centric projects…
Bitcoin “Looks Healthy” After 2 Months, Backs BTC To Rally Above $74,000
Bitcoin, one analyst notes on X, is looking healthy for the first time since the coin soared to over $70,000, printing all-time highs back in March 2024. The assessment is due to funding rates dropping to within ordinary levels, an indicator that…
Analysts Bullish on Bitcoin: Set Next Target At $82,000
Once again, the price of Bitcoin rose bullishly, breaking through the $70,000 barrier, demonstrating strength for an upward movement. Bitcoin At $82,000 Remains The Target Following the recent recovery observed today, Crypto Jelle, a popular…
Chainlink Aims to Make Transfers Across Blockchains Safer with New Bridge App 'Transporter'
The bridge leverages Chainlink's CCIP tech, and allows users to transfer crypto assets across multiple blockchains, starting with Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, Polygon, and WEMIX.
Quality Money: Bitcoin to Become Scarcer than Gold Post-Halving
The Bitcoin Halving: Gold is on Borrowed TimeFor the first time since its inception, Bitcoin’s annual inflation rate is poised to become less than that of gold, the quintessential store of value. At Bitcoin block height 840,000, the annual supply…
Market odds of approval in May are dwindling, but David Lawant and Purvi Maniar of FalconX say we’ll likely see an ETH ETF approval over the next 12-18 months.
Cardano At Risk Of Crashing To $0.4 As Important Metrics Turn Bearish
Cardano (ADA) risks a significant price decline as several on-chain metrics paint a bearish sentiment for the crypto token. This coincides with a recent technical analysis by a crypto analyst, who predicted that ADA could drop to as low as $0.4…
U.S. spot bitcoin exchange-traded funds (ETFs) garnered $123.7 million in positive inflows during Wednesday’s trading. Grayscale’s Bitcoin Trust (GBTC) experienced a decline in its bitcoin holdings, decreasing from 318,451.70 to…
Shiba Inu Surpasses 4 Million Addresses, Ignites Frenzy
Shiba Inu has achieved a significant milestone by surpassing 4 million addresses. This feat marks a historic moment for the token, symbolizing its growing popularity within the digital asset community. Analysis of address metrics on Glassnode…
Shiba Inu Joins CDSA to Battle AI-Driven Concerns Using Shibarium
Shiba Inu is the first layer 2 blockchain to join the media and entertainment association to develop blockchain technology for content security and distribution.
Chinese Financial Institutions Turn to Hong Kong’s New Bitcoin ETF
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now…
Bitcoin Difficulty and Hashrate Reach Record Highs as Halving Draws Closer
Bitcoin’s network difficulty climbed to an unprecedented peak on April 10, 2024, at block height 838,656, increasing by 3.92% to reach 86.39 trillion. This escalation in difficulty will make it increasingly challenging to mine blocks as the…
Bitcoin Startups Raised Nearly $1 Billion between 2021 And 2023: Report
Trammell Venture Partners (TVP), based in Austin, Texas, has unveiled its second annual findings from its in-depth research into the burgeoning Bitcoin-native startup and venture capital ecosystem. Despite a notable downturn in crypto venture…
Merlin Chain Sets New Standard for Blockchain Security and Innovation With State-of-the-Art Chain Architecture
PRESS RELEASE. Singapore, April 11th, 2024 — Merlin Chain, a trailblazer in Bitcoin-native layer 2 (L2) protocols, has rolled out a comprehensive suite of security measures alongside revolutionary chain architecture. This initiative follows…
First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui
The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at enhancing liquidity and efficiency of…
First Mover Americas: Uniswap's Token Slides on SEC Lawsuit
The latest price moves in bitcoin (BTC) and crypto markets in context for April 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
CEO Throws Cold Water On May Ethereum ETF Approval – Impact On Price
The much-anticipated arrival of spot Ethereum exchange-traded funds (ETFs) in the US seems to be hitting a snag. Industry leaders are voicing growing concerns about the likelihood of securing regulatory approval from the Securities and Exchange…
Wall Street Is Buying US Spot Bitcoin ETFs: 13F SEC Fillings
The latest 13F filings with the SEC reveal that major institutional investors have been acquiring shares in the new spot bitcoin ETFs that launched this quarter.JUST IN: Wall Street firms with a combined $15 BILLION in AUM bought exposure to…
What to expect after the Bitcoin Halving: a look at post-halving performance
The Bitcoin Halving is almost here, bringing about the most significant event in the Cryptocurrency market ever. Each event has had a dramatic impact on supply, demand, and price appreciation post-halving. But with Bitcoin price already setting a…
Leaked Personal Info of Over 5 Million Salvadorans Apparently Linked to Chivo Wallet
A database with the personal information of over 5 million Salvadorans was recently leaked in a data breach forum. The database, which has been around since August and has recently been linked to Chivo, El Salvador’s national cryptocurrency…
Crypto Expert Unveils Most Undervalued Altcoin Right Now
Charles Edwards, the founder of crypto hedge fund Capriole Investments, spotlighted what he believes to be the most undervalued altcoin at the moment. Via a statement on X, Edwards pointed to PENDLE, a token operating within the DeFi space, citing…
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