Survival of the Fittest: Here’s How Bitcoin’s Next Rally Hangs on Miner Capitulation
Amidst a backdrop of declining Bitcoin prices and economic uncertainty, renowned crypto analyst Willy Woo has offered a forecast that suggests a complex road ahead for BTC, with potential gains on the horizon after some ‘inevitable’…
Anthropic Launches Claude 3.5 Sonnet, Surpassing Openai’s Chatgpt
Anthropic, one of the largest artificial intelligence (AI) companies in the market, has released the latest iteration of its in-house large language model (LLM) Claude, identified as 3.5 Sonnet. Anthropic claims this new assistant competes with…
Fidelity amends Ether ETF Filing, discloses $4.7M in seed capital
Bloomberg analyst Eric Balchunas anticipates that additional asset managers will update their filings on June 21, with Ether ETFs potentially debuting on July 2.
According to data from the X account Lookonchain, the 24-hour trading volume of tether on the Tron network has surpassed Visa’s average daily transaction volume. Additionally, despite a general downturn in the crypto economy, tron (TRX) has…
XRP Exhibiting Unusual On-Chain Behavior, How Will This Affect Price?
Data shows XRP is currently exhibiting an interesting on-chain behavior amidst a broader market uncertainty. This unusual behavior was highlighted by CryptoQuant, a crypto on-chain analytics company. The peculiar behavior is noteworthy because it…
Korea Blockchain Week Names Sui the Official Conference Partner, Announces New Headline Speakers
PRESS RELEASE. SEOUL, KOREA — 21st June 2024 — Korea Blockchain Week 2024, Asia’s most impactful blockchain conference, is delighted to announce a slate of prolific top-tier sponsors and headline speakers. Sui, an innovative Layer-1 blockchain…
Standard Chartered Set to Launch Spot Crypto Trading for Bitcoin, Ethereum
The British multinational banking and financial services firm Standard Chartered is initiating a spot cryptocurrency trading platform for bitcoin and ethereum, Bloomberg sources reveal. Sources Say Standard Chartered Ready to Launch Bitcoin and…
Bitcoin Blockspace: Dynamics of System Resource Use
Competition for blockspace is and always will be one of the core tensions that exist between different users of the Bitcoin protocol. At the end of the day there are only two restrictions on how it will be used, the technical and consensus layer of…
The secrets of effective storytelling in the evolving Web3 and crypto space are unlocked as Amanda Cassatt shares her insights and strategies working with some of the top marketing teams in Web3.
Uniswap A Retailer’s Hub? Average Trade Sizes Fall From $30,000 to $1,000 In 2 Years
Crypto and some key sub-sectors, like decentralized finance (DeFi) or non-fungible token (NFT) trading or minting, remain dynamic. While activity is highly influenced by price, other changes are settled not by how prices gyrate but by time. Uniswap…
Ripple Wins Partial Summary Judgment in Securities Lawsuit
The U.S. District Court for the Northern District of California has issued an order granting in part and denying in part the motion for summary judgment in a lawsuit concerning allegations of securities law violations against Ripple Labs, XRP II…
Could this be the Next Breakout Meme Coin? Pepe Unchained Presale Begins with a Bang
Forget the old meme coins: a new frog-themed token is turning heads. Pepe Unchained (PEPU) has burst onto the scene this week with its presale, raising $200k and promising to be more than just another speculative crypto asset. This layer-2 solution…
Fifth Day of Outflows Hits US Bitcoin ETFs With $139 Million in Losses
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their fifth consecutive day of outflows on Thursday, losing $139.88 million. Grayscale’s Bitcoin Trust (GBTC) led the decline with a $53 million reduction, followed closely by…
Fantom Foundation Allocates $120 Million to Accelerate Migration to Sonic
The Fantom Foundation has unveiled a treasury allocation of 200 million FTM, approximately $120 million USD, to expedite the migration of partners to its new Sonic network. This allocation includes native application grants, strategic grants to…
Bitcoin Drops Below $64,000, But Arthur Hayes Advocates ‘Buy The Dip’
Bitcoin is experiencing a significant decline today, dipping below the $64,000 mark to a low of $63,564. This drop represents a 2.5% decrease in the last 24 hours and an overall 12% decline over the past two weeks. Amidst this downward trend…
Arthur Hayes: Japanese Banks in Crisis Over Dollar-Yen Carry Trade Failures
Japanese banks, once secure in their financial strategies, are now facing severe challenges due to shifts in global monetary policies, as outlined by Bitmex co-founder Arthur Hayes in his latest blog post. These institutions are caught in a cycle…
Bitcoin Mining Made Easy: How GoMining Leads the BTC Adoption Through Redefining the Industry’s Accessibility
As Bitcoin enters a new cycle following the halving event in April 2024, the landscape of Bitcoin mining continues to evolve. Mining plays a crucial role in maintaining the sustainability of the Bitcoin ecosystem, yet the industry has transformed…
Centralized crypto exchanges are key for mass adoption, despite FTX collapse — X10 CEO
Hybrid, non-custodial exchanges could help restore industry trust in crypto, but CEXs remain key for onboarding new users, according to according to X10 CEO Ruslan Fakhrutdinov.
Neo and Phoenix Join Forces: Skynet to Power New Era of AI-Enhanced Blockchain Technology
Neo has announced a partnership with Phoenix, a decentralized Artificial Intelligence (AI) infrastructure provider. This collaboration aims to blend AI with Neo’s blockchain infrastructure, marking a significant advancement in decentralized…
Here’s Why The Worldcoin (WLD) Price Surged Over 15% In One Day To Reach $3
Worldcoin (WLD) is currently enjoying an upward trend, with the crypto token surging by over 15% in a single day to reach $3. This development is thanks to the recent strides that the Worldcoin team has made to achieve the goals of the crypto…
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