The Artificial Superintelligence Alliance has announced the approval of the new ASI token, which combines Fetch.AI's FET, SingularityNET's AGIX, and Ocean Protocol's OCEAN into a single digital asset with an anticipated value of $7.5 billion; the merger is set to be completed in May and aims to accelerate the development and deployment of AI technology in a decentralized manner.
Hong Kong's spot Bitcoin and Ethereum exchange-traded funds (ETFs) could start trading by the end of the month, pending approval, with expectations set for April 30; however, the success of these ETFs heavily relies on whether Chinese mainland investors can purchase them through the Shanghai Stock Exchange's southbound stock connect program.
Crypto analyst Jason Pizzino believes that Bitcoin's current price action is similar to its 2019 market structure, suggesting that BTC may consolidate for several months before entering the next phase of the bull market.
Bitcoin is trading below $63,000 ahead of the halving, but Bitfinex claims that historical data suggests the cryptocurrency still has room for growth in this cycle.
Ethereum's technical analysis suggests mixed signals for the cryptocurrency, with longer timeframes indicating a bullish buy signal while shorter timeframes hint at caution.
The Drift Foundation has announced the launch of its governance token, DRIFT, with 10% of the total supply set to be airdropped to eligible wallets, as part of the organization's decentralization strategy to empower users and guide the future of the protocol towards becoming the biggest derivatives exchange in crypto.
The initial excitement for spot Bitcoin ETFs has faded as inflows struggle to keep up with outflows from Grayscale's Bitcoin Trust, resulting in a net outflow of 1,766 bitcoins for spot ETFs in the week ended April 12, with only BlackRock's iShares Bitcoin Trust experiencing consecutive daily positive flows. However, experts believe there is still potential for a resurgence in inflows as large financial institutions begin to consider strategic allocations to Bitcoin through newly launched ETFs.
Crypto wallet maker Trust Wallet claimed that hackers may be targeting people with an iMessage "zero-day" exploit, but experts believe it is an exaggerated threat or a scam since no evidence of the exploit exists and it is being sold on the dark web for $2 million.
Mixed martial arts fighter Renato Moicano's endorsement of Ludwig von Mises's books during a post-fight interview has caused a surge in popularity for the Austrian economist's works, resulting in thousands of free PDF downloads and sold-out copies of his books, as Moicano's fans show interest in learning about Austrian economics and Bitcoin.
Analysts believe there are still reasons to be bullish on digital assets despite the recent crypto correction, as the Bitcoin halving event and the introduction of spot BTC ETFs could have a positive impact on prices, while the drop caused by stock market weakness would be short-lived.
DePIN projects, which aim to operate physical infrastructure with blockchains and incentivize users with tokens, have attracted billions in venture capital investment but face a lack of customers, with limited revenue generation so far.
Bitcoin critic Peter Schiff argues that Bitcoin is in a stealth bear market when compared to gold, as it is currently trading below 27 ounces of gold and down over 27% from its record-high of 37 ounces 2.5 years ago.
Raoul Pal predicts that Bitcoin could reach $1 million by 2025, meaning that $1,000 in Bitcoin today could be worth around $15,500, marking a return of 1,450%.
Gaming-focused blockchain Saga has announced a massive airdrop campaign called Power-Level Over 9000, partnering with over 100 projects and games across various blockchain networks to offer token and NFT rewards to users who stake their SAGA tokens.
Bitcoin supply on cryptocurrency exchanges is expected to run out in nine months due to the upcoming Bitcoin halving and increased demand from United States Bitcoin exchange-traded funds (ETFs), according to a report by Bybit.
BlackRock is leading the disruption in finance with its new blockchain products, according to Travis Hoium in a video discussing the potential of blockchain technology.
Coinbase, the publicly traded cryptocurrency company, has experienced significant changes in its executive team, with a shift towards pragmatists from the corporate world, resulting in increased stability and influence, although potentially at the expense of innovation.
The recent surge in gold prices has led to an increase in customers selling their valuables for cash, while bitcoin has experienced a pullback in its rally as sellers overwhelm the pace of buying by ETFs.
In the first quarter of 2024, Miller Value Partners' "Income Strategy" outperformed the benchmark, with a return of 11.69% compared to 1.52%; MicroStrategy Incorporated was a top contributor to the strategy's performance.
Bitcoin (BTC) and Ether (ETH) experienced a decline in price, while some altcoins also saw significant drops; major crypto exchanges are pursuing their own layer-2 blockchain networks; bitcoin miners remain optimistic despite underperformance and the approaching reward halving.
Solana-based decentralized exchange Drift Protocol is launching a DRIFT governance token and conducting an airdrop of 100 million tokens to its users, with the surprise winner of the announcement being MetaDAO.
The price of Bitcoin dipped ahead of its block reward halving, with wider market concerns linked to geopolitical tensions in the Middle East.
Cathie Wood of Ark Invest predicts that the price of Ethereum could exceed $20 trillion with a market price of over $166,000 per token by 2032, driven by the expansion of its developer base and its potential to disrupt traditional financial services, although investors should approach this prediction with caution.
Bitcoin could experience a surge in the coming months as geopolitical events and the search for an investment hedge drive investors to view it as a viable option, despite its recent drop in value, with some predicting its price could reach $120,000.
Renowned analyst Markus Thielen, who accurately predicted Bitcoin's rise, has now shifted to a bearish outlook on risk assets such as tech equities and cryptocurrencies, citing concerns over inflation and bond market forecasts.
Telegram's shift to accepting toncoin for ad payments and the launch of the Open League reward program have contributed to the token's increasing adoption, resulting in a 15% gain this month and outperforming the broader cryptocurrency market.
The halving event in the world of bitcoin, which effectively reduces the supply of new bitcoins, is expected to lead to a rally in the digital currency and increase its value.
Bitcoin miners may have underperformed the cryptocurrency this year, but their CEOs remain optimistic as the halving approaches, citing stronger balance sheets and the potential for consolidation in the sector.
The analyst behind accurate bitcoin predictions has turned bearish on risk assets, including cryptocurrencies, as concerns over inflation and rising bond yields weaken the bullish case. Inflows into U.S.-listed BTC ETFs have dried up, and the 5-day average of net inflows into spot ETFs has dropped to zero, indicating a potential price correction.
A brand new Solana memecoin called Solvation has launched with a presale, aiming to connect with its community and make an impact in the crypto market. The presale offers enthusiasts the opportunity to get involved, and Solvation plans to distribute a significant portion of its token supply for the presale. There will also be a token airdrop for loyal community members after the official token launch. Solvation seeks to create a playful and vibrant community within the crypto universe and aims to surpass other well-known memecoins.
Crypto prices, including Bitcoin and Ether, are declining with the Bitcoin Trend Indicator dropping into a neutral zone, indicating a weakening of upside momentum, while trading volumes remain strong. Meanwhile, luxury watch prices continue to decline due to high inventory levels.
Bitcoin experienced a 3.9% decrease in price, leading to significant liquidations of positions and a decrease in the Fear and Greed Index, while the upcoming halving event and news of a Bitcoin ETF approval in Hong Kong could potentially drive the price back up.
OKX has launched X Layer, an Ethereum-based layer-2 scaling network built on Polygon, offering users faster and cheaper transactions and access to a growing number of decentralized applications (dapps).
OKX, the fourth-largest crypto exchange, has launched its new layer-2 blockchain called X Layer, which utilizes Polygon's Chain Development Kit and allows users to access over 170 decentralized applications (dapps).
Franklin Templeton Digital Assets believes that the launch of the Runes protocol will help Bitcoin compete with Ethereum and Solana in the fungible digital asset market, as it closes the gap by providing efficiency, increased privacy, and compatibility with the Bitcoin Lightning Network.
A prominent whale address took advantage of the recent market downturn and acquired 223 billion SHIB tokens, indicating a strategy of deliberate accumulation. Despite this, Shiba Inu has experienced a 6% rise in the last 24 hours and is expected to reach $0.00003188 later this week.
Solana's network congestion issues are being addressed with the release of the Agave validator client v1.17.31, the first step in a series of updates aimed at alleviating the problem, although it is not a complete solution to the network's ongoing challenges.
Cardano's price may recover as whale investors increase their holdings and the cryptocurrency remains in the peak accumulation zone, with a potential 25% rise to reclaim the support of $0.56.
Solana's price rebounds by 7% following a surge in Bitcoin and Ethereum markets, approval of BTC and ETH ETFs in Hong Kong, and the release of a new network update addressing congestion issues.
The upcoming 2024 Bitcoin halving coincides with the rise of Bitcoin Exchange-Traded Funds (ETFs), which could potentially reshape investment strategies and market liquidity in the cryptocurrency space, including for emerging assets like Furrever Token (FURR).
Raoul Pal, former Goldman Sachs executive, highlights that two crypto ecosystems, those using the Move programming language and those using Cosmos, are potential contenders to become the next major layer-one platforms in the digital asset market cycle.
A Nebraska man has been indicted for defrauding two cloud providers of $3.5 million in a cryptojacking scheme, where he tricked the providers into giving him computing resources to mine cryptocurrency.
Coinbase has filed for permission in the Southern District of New York to appeal the SEC's view of cryptocurrency transactions as "investment contracts," claiming it exceeds legal limits and could stifle innovation.
Many mid-sized asset managers in traditional finance remain skeptical about bitcoin despite endorsements from industry leaders, with some calling it a "bubble" and others seeing no demand from clients as a reason to avoid the alternative asset class. However, some asset managers are offering bitcoin exposure through funds to meet client demand.
The Fox Business Channel and Fox News Channel have scheduled programming from 9:00 PM to 12:30 AM, including shows like American Built, Hannity, and The Five, while Fox News Radio provides live coverage.
Lawmakers Elizabeth Warren and Chuck Grassley are demanding an accounting of all meetings and correspondence between US Commodity Futures Trading Commission (CFTC) head Rostin Behnam and disgraced former FTX CEO Sam Bankman-Fried, as they suspect that Behnam has not been fully forthcoming about their interactions.
Elon Musk confirms that X will start charging new users a "small fee" for actions like posting, liking, bookmarking, and replying on the platform in order to combat bots and reduce spam.
Charles O. Parks III, also known as "CP3O," has been arrested and indicted by the U.S. Department of Justice for allegedly using rented cloud servers to conduct crypto mining without paying the bills, resulting in the exploitation of $3.5 million worth of cloud resources to mine $970,000 worth of cryptocurrency at the expense of two cloud service providers.
Bitcoin, Ethereum, and Dogecoin have all experienced price declines over the weekend, partly due to geopolitical tensions and concerns about the upcoming Bitcoin halving, but potential catalysts such as the halving and the approval of spot Ethereum ETFs could still drive their prices higher in the coming weeks.
A wallet containing 50 BTC, mined in 2010, moved its stash for the first time after 14 years, indicating significant gains as the value of Bitcoin has risen since then.
