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Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig
XRP Surges 12% As Bulls Take Charge, Expert Raises Target To $1.4
[Apr 23 3:00 PM] XRP has shown notable signs of renewed bullish momentum in the market. It bounced back from a significant 11% price drop on April 12th, which took the token to its lowest level of the year at $0.4230. However, last week saw a solid 12% price…
SEC Lawyers Resign After Judge Sanctions the Regulator for ‘Gross Abuse of Power’
Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions
[Apr 23 1:19 PM] PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started…
Token airdrops targeted by farm accounts and ‘Sybil attacks’
[Apr 23 1:01 PM] Airdrop squatters are creating fake accounts on platforms for the sole purpose of farming airdrop tokens, thus taking away share from loyal users.
Controversy Swirls Around Bitcoin’s BIP-420: Push Behind Opcode ‘Isn’t in Good Faith,’ Says Developer
[Apr 23 12:34 PM] On Monday evening, Taproot Wizards co-founder Udi Wertheimer unveiled a Bitcoin Improvement Proposal (BIP) that reintroduces the OP_CAT opcode to Bitcoin. This opcode could facilitate more streamlined and efficient decentralized file hosting…
Fidelity Digital Assets ‘Signals’ Report Revises Bitcoin Outlook to ‘Neutral’
[Apr 23 11:39 AM] The latest quarterly report from Fidelity Digital Assets (FDA) Research reveals key insights into the bitcoin and ethereum markets as of Q1 2024. With a detailed analysis of market conditions and future outlooks, FDA’s research report…
Blackrock Bitcoin ETF Sees 70 Straight Days of Inflows — Holdings Near 274K BTC
[Apr 23 10:21 AM] The world’s largest asset manager with $10.5 trillion in assets under management, Blackrock, has seen 70 consecutive days of inflows into its spot bitcoin exchange-traded fund (ETF). This achievement places Ishares Bitcoin Trust (IBIT)…
The Cardano $1 Dream: Is A Price Explosion Coming Or Just Deja Vu?
[Apr 23 10:00 AM] Cardano (ADA), the tenth largest cryptocurrency by market capitalization, has been a rollercoaster ride for investors in recent months. After a steep price decline in March, ADA has seen a minor uptick, leaving analysts divided on its future…
Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper
[Apr 23 9:26 AM] Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize low-carbon…
Exclusive ‘Epic Satoshi’ Auction Launches, Bids Already Double to 2 BTC
Ethereum On-Chain Health Holds Strong Amidst Open Interest Plunge – Impact On Price
[Apr 23 7:00 AM] Ethereum (ETH) stands as a bellwether for the industry’s ebbs and flows. As of press time, Ethereum was trading at $3,174, its price trying to reach the crucial $3,000 mark. However, beneath the surface of these seemingly stable waters lies a…
Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit
[Apr 23 6:36 AM] Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash by Tuesday. To date, the network’s hashrate…
Vitalik Buterin Among Several High-Profile Names With Over $1 Million Locked in Bridges
[Apr 23 3:27 AM] Vitalik Buterin, co-founder of Ethereum, reportedly has over $1 million trapped in the Optimism bridge, a situation highlighted in a broader analysis by Arkham, which exposes numerous wallets with significant funds locked on various bridge…
Animoca Brands Japan Teams up With Square Enix to Market ‘Symbiogenesis’ and Its NFT Collection
[Apr 23 2:08 AM] Animoca Brands Japan, a subsidiary of Animoca Brands, has signed an Memorandum of Understanding with Square Enix to assist in the marketing of the upcoming game Symbiogenesis and its related NFT collection. Square Enix, known for high-profile games…
Kenyan Authorities to Extradite Binance Executive to Nigeria by Month’s End
[Apr 23 1:42 AM] The Binance executive who reportedly escaped from custody in Nigeria is set to be extradited to the same country by the end of the month, according to reports. A Kenyan detective believes the extradition of Anjarwalla, who allegedly has ties to…
Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B Fine in Final Judgment
[Apr 23 1:32 AM] Ripple Labs filed its opposition on Monday against the U.S. Securities and Exchange Commission's (SEC) proposal to ask a New York judge to impose a nearly $2 billion fine against the company behind the XRP Ledger blockchain.
Analysts: Confiscation of Russian Assets in the US Would Supercharge De-Dollarization
[Apr 22 11:40 PM] Analysts are pondering the effects of the approval of the Rebuilding Economic Prosperity and Opportunity (REPO) Act by the U.S. House. The execution of seizures for over $6 billion of Russian assets held in U.S. institutions would…
BRICS Bloc Mulls Stablecoins, CBDC-Based System for International Settlements
[Apr 22 9:33 PM] Russian Deputy Foreign Minister Sergey Ryabkov revealed that the BRICS bloc has been considering the use of stablecoins for its common rail payment systems. In an interview with TV BRICS, Ryabkov stated that the use of stablecoins and a connection…
‘More Upside Is Coming’: Crypto Market Set For 350% Growth, Predicts Glassnode Cofounders
[Apr 22 9:00 PM] Negentropic, the official X (formerly Twitter) account of Glassnode’s cofounders, has offered its own bullish sentiment for the crypto market. Glassnode Cofounders: There Would Be A Massive Growth Beyond Recent Corrections According to their…
Spot Bitcoin ETFs Secured Inflows on Friday While GBTC Struggles to Hold 300,000 BTC
[Apr 22 7:39 PM] Following a sequence of five days of net outflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced modest inflows on Friday, capturing nearly 900 bitcoins from the market, totaling $59.7 million. Concurrently, Grayscale’s Bitcoin…
Crypto Guru Reveals Top Altcoin Picks And DeFi Risks: What You Need To Know
[Apr 22 7:00 PM] Renowned crypto analyst Lark Davis recently shared insights into the world of altcoin and decentralized finance (DeFi), offering high-risk, high-reward options and established projects. During a live stream, Davis discussed his current portfolio…
US Presidential Candidate RFK Jr Unveils Plan to Put Entire US Budget on Blockchain
[Apr 22 5:16 PM] U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has unveiled his plan to put the entire U.S. budget on a blockchain. “Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day,”…
Crypto Analyst Predicts Cardano Recovery After ABC Wave Completion, Here’s The Target
[Apr 22 4:00 PM] Cardano suffered a massive price crash over the last two weeks. However, with the market recovery, the ADA price has begun to see some positive headwinds. Analysts expect this recovery to continue, with one crypto analyst in particular, who goes by…
Bitwise: Bitcoin Will Have ‘a Great Next 12 Months’
Democracy Fails Without Cryptocurrency
[Apr 22 1:36 PM] Amidst a decline in traditional democratic structures and financial systems, cryptocurrencies emerge as a revitalizing force, offering a new form of accountability and transparency that could potentially restore public institutions. Cryptocurrency…
Crypto Assets Record 7-Day Upticks: NEAR Rises 33%, BONK Up by 32%
[Apr 22 12:33 PM] According to the most recent figures, the value of the cryptocurrency market has reached $2.43 trillion after a 2.62% increase in the last 24 hours. Bitcoin and ether have risen by 4% and 3.5%, respectively. NEAR experienced a significant uptick of…
Market Expert Predicts New Paradigm For Bitcoin: ‘Days Under $100,000 Numbered’
[Apr 22 12:00 PM] As the Bitcoin (BTC) Halving event concluded for the fourth time, the cryptocurrency market witnessed notable changes in key metrics. These developments have led Charles Edwards, a market expert and founder of Capriole Invest, to issue bold…
Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash
[Apr 22 11:22 AM] This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its intended $1 parity on May 9, 2022. In the past month, various…