102 / 238 Relevant items tagged with #Cryptocurrency
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Magic Eden Surges to Top Spot in NFT Market, Records Stellar $756M Trading Volume in March
[Apr 17, 2024 7:24 PM] Magic Eden, a Solana-based NFT marketplace, achieved its highest monthly trading volume in March, outpacing Blur with a 194.4% increase to $756.5 million, attributed to its Diamond reward program and support for creator royalties. This surge led…
Worldcoin Foundation Announces ‘World Chain’ for Enhanced Human-Centric Apps
DeFi And Web3 Gaming Dominate Q1: Record Transactions Leave Stablecoins In The Dust, Report
[Apr 17, 2024 6:00 PM] In a recent report published by QuickNode, the first quarter of 2024 showed the dominance of decentralized finance (DeFi) and the notable growth of Web3 gaming in the crypto industry, which outperformed the stablecoin sector in key metrics…
ApeCoin Q1 2024 Performance: Market Cap And Token Price Skyrocket – Key Findings Inside
[Apr 17, 2024 4:00 PM] ApeCoin (APE), the ERC-20 token governing the ApeCoin Decentralized Autonomous Organization (DAO), showed notable growth in the first quarter (Q1) of 2024. Key metrics showed significant progress, driving APE’s market capitalization, token…
Blackrock Closes in on Grayscale in the Battle for the ‘World’s Largest’ Bitcoin ETF
[Apr 17, 2024 1:34 PM] U.S. spot bitcoin exchange-traded funds (ETFs) experienced three consecutive days of net outflows, with a loss of $58 million on Tuesday. Leading the outflow for the day was Grayscale’s GBTC. After Another Day of Outflow, IBIT Nears GBTC as…
27% of Ethereum Now Staked: $98 Billion Committed as Interest Peaks
[Apr 17, 2024 11:17 AM] Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more…
Crypto Market Continues to Slide — QCP Capital Reports Increasing Market Anxiety
[Apr 17, 2024 9:31 AM] The cryptocurrency market contracted by nearly 2% on Wednesday, descending to a total value of $2.23 trillion. Bitcoin reached a daily low of $60,760 per unit, while ether declined to $2,944 per coin. Cryptocurrency Market Loses More Than $400…
Crypto Analyst Unveils Top 10 BTCfi Altcoins Post-Halving
[Apr 17, 2024 9:00 AM] As the community prepares for the much-anticipated fourth halving set for April 19, 2024, the buzz around Bitcoin-based projects is reaching a fever pitch. Crypto influencer Leshka.eth, with a following of over 128,500 on X (formerly Twitter), has…
Ordinals Explorer Ord.io Nets $2M in Pre-Seed Round to Pioneer Next-Gen Bitcoin Services
[Apr 17, 2024 8:00 AM] On Wednesday, Ord.io, the Ordinals explorer, announced a $2 million pre-seed funding achievement to pioneer the expansion of Runes. Leonidas, the founder of Ord.io, stated that the startup is strategically positioning itself to “serve the…
Bitcoin Technical Analysis: Key Indicators Signal Bearish Outlook
Australian Regulator Says Crypto Is a Debenture That Requires Regulation
[Apr 17, 2024 3:43 AM] The chairman of the Australian Securities and Investments Commission (ASIC) has said his organization views cryptocurrency as a debenture hence it falls under regulatory purview. The ASIC chairman also argued that many cryptocurrency investors are…
More Than 250 Zambian Students Attend Hackathon; Over 100 Earn Smart Contract Development Certification
[Apr 17, 2024 2:35 AM] More than 250 Zambian university students recently participated in an online boot camp and hackathon which saw over 100 earning certification in smart contract development. The students who complete their minimum viable products (MVPs) can apply…
Bitmain Sets Release for L9 Miner, Promising ‘Unchallenged’ Efficiency in Scrypt Mining
[Apr 17, 2024 1:37 AM] According to the application-specific integrated circuit (ASIC) mining rig manufacturer Bitmain, the firm is gearing up to introduce its latest Scrypt miner. The L9, which boasts a hashrate of up to 16,200 megahash per second (MH/s) and energy…
Telegram’s Founder Advocates for Crypto-Inspired Hardware to Boost Secure Communications
[Apr 17, 2024 1:12 AM] Pavel Durov, the founder of Telegram, has proposed creating crypto-inspired hardware to enhance secure communication and protect privacy, a vision spurred by his unsettling experiences with governments, including attempts by the FBI to interrogate…
Stepn Partners With Adidas to Issue Genesis Sneakers NFTs
[Apr 16, 2024 11:36 PM] Stepn, a lifestyle and move-to-earn application, partnered with Germany-based apparel company Adidas to issue the Genesis Sneakers NFT collection. The collection, which marks the start of a one-year collaboration between these organizations…
South Korean Won Overtakes US Dollar as Top Currency in Global Crypto Trading for Q1 2024
[Apr 16, 2024 10:22 PM] In the first quarter of 2024, the South Korean Won surpassed the US dollar as the leading currency for global cryptocurrency trades, with a cumulative trade volume of $456 billion according to research firm Kaiko, reflecting a growing speculative…
Worldcoin Faces $1.2 Million Fine In Argentina For Law Violations; WLD’s Price Reacts
[Apr 16, 2024 9:00 PM] In recent months, Sam Altman’s open-source protocol Worldcoin (WLD) has faced increasing legal challenges as Portugal and Spain cracked down on its biometric data collection practices. Argentina has joined the list, issuing an indictment…
Norway to Target Cryptocurrency Mining Through Data Center Regulation
[Apr 16, 2024 7:31 PM] Norway has recently announced its intention of enacting a data center-focused law, which seeks to exert more control over the operations performed at these locations. One of the objectives behind this move would be to crack down on data centers…
The $86,500 Bitcoin Question: Will The Halving Spark A Price Surge This April?
[Apr 16, 2024 7:00 PM] The cryptocurrency market has undergone a substantial downturn, with many of the top 100 cryptocurrencies experiencing sharp price drops. Bitcoin, the leading digital asset, hit a low of $61,600 on Tuesday. However, industry experts suggest a…
Peter Schiff Explains Why Gold’s Price Is Rising — Warns Bitcoin Is a ‘Gigantic Bubble’
Skybridge Founder: It Pays to Be Long Bitcoin — BTC Will Be Inflation Hedge and Store of Value as It Scales
[Apr 16, 2024 3:34 PM] Skybridge Capital founder Anthony Scaramucci firmly believes that bitcoin will be both an inflation hedge and a store of value as the cryptocurrency scales. He emphasized that bitcoin is “still an early stage technical asset that will trade…
Core Scientific Set to Boost Texas Mining Facility by 72 MW Ahead of Bitcoin Halving
[Apr 16, 2024 1:27 PM] With just over three days remaining until the halving, Core Scientific has announced its plans to enhance its Texas mining facility by an additional 72 megawatts. This project is scheduled for completion by the end of the second quarter of 2024…
Monday’s Market Action Sees $36.7 Million Outflow From US Spot Bitcoin ETFs
Arkham Releases Top 5 Crypto Rich List – You Won’t Believe How Much Is Inaccessible
[Apr 16, 2024 11:00 AM] Arkham Intelligence, an industry leader in on-chain data tracking, has released a list of the richest people in crypto according to their wallet balances. This list has been making the rounds in the crypto community due to the top 5 alone being…
Drift Foundation Announces 100 Million Token Airdrop for Solana-Based Dex Users
[Apr 16, 2024 10:29 AM] On April 16, 2024, the Drift Foundation, which supports the Solana-based decentralized exchange (dex) platform Drift, disclosed plans to distribute 100 million tokens to its users. The tokens will function as the platform’s governance coin…
Miners Race to Discover Block 840,000 as Bitcoin Halving Nears
[Apr 16, 2024 9:13 AM] Many enthusiasts in the Bitcoin community were anticipating the next halving to coincide with Saturday, April 20, 2024, but the latest data suggest it will likely occur a day earlier, on April 19. Despite a recent uptick in mining difficulty…
Imminent BTC Supply Squeeze: Bybit Report Suggests Bitcoin Exchanges to Run Dry in 9 Months
‘We Sold Everything Last Night’, Reveals Crypto Research Firm
[Apr 16, 2024 7:00 AM] Markus Thielen of 10x Research unveiled a significant shift in his crypto strategy in response to mounting financial pressures and market instability, as detailed in an investor note released earlier today. Thielen, an influential figure in the…
Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar
[Apr 16, 2024 6:21 AM] The smart money protocol Umoja has joined forces with the Bitcoin layer two (L2) initiative, Merlin Chain, to roll out a Bitcoin-based high-yield synthetic dollar. The newly introduced stablecoin is engineered to uphold a self-sustaining peg via…