Binance's NFT marketplace will no longer support Bitcoin Ordinals, as the exchange aims to streamline its product offerings and advised users to withdraw their Ordinals by May 18th.
Google is suing alleged crypto scammers who uploaded fraudulent investment apps to Google Play, with victims being promised high returns that turned out to be false.
Galaxy Digital plans to launch a $100 million fund to invest in early-stage crypto companies, aiming to invest in as many as 30 startups over the next three years; the U.S. Securities and Exchange Commission has opened a comment period for three proposed ether spot ETFs; investment firm VanEck predicts Ethereum layer-2 networks could be valued at over $1 trillion by 2030.
Bitcoin Cash (BCH) surged 10% after completing its reward halving event, becoming one of the few gainers in an otherwise tepid market as bitcoin (BTC) remained little changed over 24 hours.
Bitcoin is experiencing a correction ahead of the upcoming halving, but a 40% pullback is unlikely, according to an analyst known as Rekt Capital.
Meme coins have outperformed all other crypto sectors in Q1 2024, with some meme coins seeing gains of over 1,300%, although the inherent volatility of meme coins remains a significant concern.
PEPE, a popular memecoin, has experienced a surge in market cap, leading to speculation of continued growth and potential competition with leading memecoin SHIB.
Ellipsis Labs has raised $20 million in funding to further develop its decentralized exchange, Phoenix, and create a new financial ecosystem that combines the accessibility and transparency of DeFi with the efficiency of traditional markets.
The price of Bitcoin Cash experienced significant volatility during its recent block reward halving, dropping to $565 before recovering to around $676, representing an 11.3% increase on the day and nearly 20% on the week.
Google is suing two app developers from China and Hong Kong for allegedly using the Play Store to offer fraudulent cryptocurrency apps that scammed users out of money, with Google seeking to hold them accountable for their actions and protect the integrity of its app store.
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BitMEX founder Arthur Hayes believes that Ethena (ENA), a decentralized finance (DeFi) altcoin project, could experience an 817% rally once the broader crypto market starts rising again.
An ancient Dogecoin whale with 3.7 million DOGE, worth $662,519, has resurfaced in the cryptocurrency market after 10.3 years of dormancy, coinciding with the approaching DOGE Day on April 20.
Investment firm VanEck predicts that Ethereum layer 2 (L2) networks could reach a valuation of over $1 trillion by 2030, but is skeptical about the long-term prospects of several L2 networks due to cut-throat competition and potential oversupply of tokens.
Staking Wormhole's W token with JitoSOL on the Kamino liquidity pool can earn participants a weekly return of over 999%, with daily rewards of over 3,300 W and 666 JTO, plus trading fees, but the pool's capacity is limited to $7.5 million.
Altcoin Sherpa predicts that crypto assets representing real-world assets are still strong, but the Ethereum-based token Mantra (OM) may fall further before recovering based on Fibonacci retracement levels, while Bitcoin's 200 EMA in the four-hour timeframe remains a reliable support zone.
Book of Meow (BOMEOW), a meme cryptocurrency on Solana, has experienced a 300% surge in trading hours after its launch, reaching a market capitalization of over $9 million, following the trend of cat-themed tokens thriving in the crypto market.
Renowned financial expert Raoul Pal remains optimistic about the future of cryptocurrencies, predicting rapid adoption despite recent market downturns.
The price of Bitcoin remains below $67,000 as the cryptocurrency market experiences a decline, while analysts suggest that Bitcoin may have a target price of $112,000 or even $250,000 before a potential retracement.
The upcoming Bitcoin halving event in 2024 is eagerly anticipated by the crypto world, and examining the performance of past halvings provides insights into market dynamics, showing significant price rallies before the halving, a period of correction and consolidation afterward, and a subsequent bull run approximately 18 months later.
The Pond ecosystem, created by Jeremy Cahen aka @Pauly0x, aims to give power and value back to cryptocurrency holders by offering a decentralized platform with benefits such as regular rewards and easy DeFi yield farming mechanisms, with over $679 million in volume and $28,560,000 in claimed rewards in its first 200 days; it also includes the creation of $PORK as part of the Pond Ecosystem and the development of the Layer 2 blockchain MAGMA, which aims to solve issues in the current crypto environment such as high transaction fees.
Injective (INJ) price is attempting to recover after falling below the $35 support level, with crypto whales accumulating a significant amount of INJ, which could potentially drive the price up to $40.
Crypto meme coin HOBBES has achieved a groundbreaking milestone, surpassing $100 million in trading volume within just 24 hours of its launch, driven by its devoted community and inspired by the legendary trading prowess of Ansem's cat. The fully community-owned HOBBES aims to redefine meme coin success and the possibilities of decentralized finance.
Shiba Inu (SHIB), a prominent meme coin in the cryptocurrency market, has defied expectations and shown resilience, with forecasts suggesting a potential surge in its value and the possibility of reaching a 5-cent milestone by 2040. However, these predictions should be approached with caution as they are speculative and influenced by various factors in the cryptocurrency realm.
Popular crypto trader Altcoin Sherpa is bullish on Gala (GALA), a blockchain gaming platform, predicting it will bounce back after hitting Fibonacci retracement levels, while also expressing optimism about Bittensor (TAO) as a long-term AI leader and a bearish outlook on Ethereum's layer-2 scaling solution Arbitrum (ARB).
The Bitcoin price is currently testing the 200-day EMA, with a breakout above $69,000 potentially leading to a long position, while a retest of $68,000 followed by a rejection could indicate a short position towards $60,800.
Renowned cryptocurrency analyst Michaël van de Poppe has identified a list of top 10 altcoins offering significant buying opportunities amidst a market dip, including Chainlink and Celestia, which are down 40% and 61% from their peaks respectively.
Franklin Templeton, a global investment firm, has highlighted the rise of Bitcoin Ordinals in the digital collectible world, noting their positive momentum and increased trading volume relative to other NFTs on different networks.
Velodrome, a decentralized exchange on Optimism, has deployed onto the BOB network, enabling BTC DeFi and fostering innovation for Bitcoin use cases through EVM contract deployments, while Reddit Data DAO has launched on Vana, a decentralized network for user-owned datasets, and Drife, a peer-to-peer ride-hailing platform, is migrating to the Sui blockchain, offering a zero-commission fee structure for drivers and enhanced affordability for users.
Bitcoin Miner is a mobile game that allows players to earn actual Bitcoin by completing missions, hunting for satoshis, playing daily, tapping power-ups, participating in events, selling and starting over, and cashing out regularly.
Restaking protocols on Ethereum have gained popularity, raising concerns about their potential risks but offering significant rewards for validators through liquid restaking tokens (LRTs), such as Eigenlayer, that allow for staking derivative tokens and compounding risks and rewards. However, there are debates regarding excessive leverage and the potential instability it may create on the network.
The price of bitcoin remained below $66,000 after modest rallies were met with selling action, with declines in bitcoin cash and litecoin also affecting the broader CoinDesk 20 Index.
In the race to become the capital of tokenized finance, jurisdictions around the world are competing in four distinct contests: regulatory effectiveness, founder depth, market size, and capital market strength. Contestants include established financial hubs and hungry challengers, and the winners will demonstrate a balance of strength, agility, and speed.
The U.S. Securities and Exchange Commission is seeking public comments on three proposed Ethereum exchange-traded funds (ETFs), marking a significant step towards the approval of these investment products.
Bitcoin investor sentiment has cooled to the lowest level since February, which could potentially lead to a rebound in the price.
The U.S. Securities and Exchange Commission (SEC) has opened a three-week public comment period on proposals for Ethereum-based ETFs from Grayscale Investments, Fidelity Investments, and Bitwise Asset Management, signaling that investors will have to wait longer for exposure to Ethereum through ETFs.
Reboot, the crypto gaming protocol behind Pixel Vault's BattlePlan, is teaming up with The Xai Foundation to migrate the game to the Xai gaming network on Ethereum and enhance the player experience.
Galaxy Digital is launching a $100 million fund, called Galaxy Ventures Fund I, LP, to invest in early-stage crypto companies, targeting financial applications, software infrastructure, and protocols building in crypto.
BlackRock and Securitize are teaming up to create a digital assets fund, with BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) becoming the largest asset on Securitize and potentially sparking interest from institutional investors. This move is expected to have a significant impact on regulated tokenization markets in the United States.
The potential economic impact of blockchain technology goes far beyond the performance of individual cryptocurrencies, with opportunities for efficiency and innovation across various industries. It is important for investors to understand the transformative nature of blockchain and take a multi-asset approach to capture its full value proposition.
Bitcoin has the potential to reach a cycle top of $256,000 before experiencing a blow-off top scenario, according to the founders of analytics platform Glassnode.
Despite repeatedly denying ownership of any SHIB tokens, the founder of the Shiba Inu meme coin, known as "Ryoshi," may be sitting on a fortune worth $1.8 billion, or potentially even more, according to an analysis by crypto forensics firm Bubblemaps. The analysis reveals that Ryoshi has attempted to conceal their holdings by splitting them across numerous wallets, and recent movements suggest they still control a significant portion of the SHIB supply. This raises concerns among investors regarding ownership transparency and potential market manipulation.
Bitcoin is currently in a consolidation phase, with the bears having the upper hand in the near term, but traders are closely watching the performance of spot Bitcoin-exchange traded funds.
CORE, the token of Core Network, has seen a remarkable spike of over 218% in just one week, despite a recent dip in price, while Bitcoin has remained relatively flat.
Goldman Sachs Wealth Management's chief investment officer, Sharmin Mossavar-Rahmani, stated that her firm does not believe in cryptocurrency as an investment asset class due to the difficulty of valuing them and the lack of earnings, dividends, or cash flow produced. Despite this stance, there are rumors that Goldman Sachs is engaging with the crypto ecosystem from an infrastructure perspective and may be involved with Bitcoin ETFs behind the scenes.
Nearly half of the $503 million lost in crypto security breaches involved private key compromises, highlighting the challenge of maintaining decentralization and individual key control as crypto scales.
Renowned DeFi architect Andre Cronje expresses skepticism about the stability and risks of Ethena Protocol's stablecoin, USDe, due to its reliance on perpetual contracts and yield-based collateral, drawing parallels to the downfall of TerraUSD.
Grayscale's Bitcoin Trust (GBTC) is losing ground to BlackRock's iShares Bitcoin Trust (IBIT) as investors are redeeming shares in favor of the lower fee and easy accessibility of IBIT, leading to a potential flip in assets under management by May.
Concertgoers at Coachella Music Festival can play a blockchain-based game called Coachella Quests to earn perks and upgrades, including exclusive festival benefits and experiences, in exchange for completing quests and earning stamps and points that provide insights to Coachella organizers on attendees' activities. The game was developed by Coachella Innovations in partnership with Ava Labs, the company behind the Avalanche blockchain.
Cryptocurrency analyst CrediBULL predicts that Ethereum could reach $10,000 to $20,000 in the current cycle, driven by Bitcoin's potential doubling and a market cap of $2 trillion, while XRP could surpass $10 and potentially reach $20+.
Hytopia, a Minecraft-like sandbox game previously known as NFT Worlds, is launching a closed beta test after raising millions of dollars through a node sale for its Ethereum layer-2 network, Hychain.
