Uniswap's governance token (UNI) surged by 60% following a proposal by a key Uniswap Foundation leader to revamp the protocol's decision-making, which includes distributing protocol fees among UNI holders who stake and delegate tokens.
Former U.S. president Donald Trump has suggested that bitcoin may need some regulation and stated that he can "live with it" during a town hall event, indicating a possible softening of his stance towards cryptocurrencies.
Former U.S. president Donald Trump appears to have softened his stance on Bitcoin, acknowledging that many people are embracing it and expressing willingness to "live with it," while still emphasizing his preference for the dollar. This shift may be an attempt to position himself favorably for the upcoming 2024 presidential election. Meanwhile, current president Joe Biden has taken a more regulatory approach towards crypto.
The Avalanche Layer-1 network has experienced a block production failure for over four hours, possibly related to a new inscription wave, causing a drop in the price of its native token (AVAX).
AI-related altcoins, including SingularityNET and Worldcoin, experienced significant surges in price, while Bitcoin remained relatively stable, Reddit disclosed its investments in Bitcoin and Ethereum, and Block reported a remeasurement gain of $207 million on its Bitcoin holdings.
Ethereum co-founder Vitalik Buterin is cautious about building complex features on Layer 2 scaling solutions, as they introduce extra risks and could result in permanent loss of funds in case of bugs or failures. He suggests adding sophisticated L1 features to reduce the burden on L2s and ensure their simplicity. This change in Buterin's stance may be attributed to his recent focus on security and making the Ethereum network safer for users.
Warren Buffett, who has been vocal about his dislike for Bitcoin, holds a stock in Nubank, a Latin American digital bank that offers cryptocurrency services and has seen rapid growth in its customer base.
Warren Buffett remains critical of Bitcoin, stating that he wouldn't accept all the Bitcoin in the world even if offered, but his holding company Berkshire Hathaway has made a $1 billion investment in Nubank, a company heavily involved in the rise of cryptocurrencies.
Analysts have upgraded their revenue forecasts for Coinbase Global, with a 48% improvement in sales expected for 2024, indicating more optimism and a higher price target.
Wall Street's crypto infrastructure firm, Bakkt, has struggled to find a viable product offering, leading to financial difficulties and a warning to stockholders about its survival, prompting another pivot in its business.
The price of Filecoin (FIL) reached its highest level since February 2023, breaking out from a long-term resistance trend line and a horizontal resistance area, with analysts predicting a potential 200% price increase and the next resistance level at $10.30.
Roughly $3.6 billion in Bitcoin options contracts are set to expire today, potentially leading to price volatility and selling pressure if Bitcoin stays above $48,000, according to analysts.
Leading Ethereum scaling project, Polygon (MATIC), could potentially increase by 77% and reach a price last seen in February 2022 if it maintains a close above $0.96, according to trader Ali Martinez, who also notes positive accumulation trends among large Bitcoin holders, suggesting confidence in further market gains.
Former U.S. president Donald Trump suggests that bitcoin may need regulation but acknowledged that many people are embracing it, possibly indicating a softening stance compared to his previous negative comments on cryptocurrencies.
European Central Bank officials do not believe that Bitcoin is a valuable financial asset, despite the recent approval of a Bitcoin spot exchange-traded fund in the US, arguing that it is not a suitable means of payment or investment.
The CoinDesk Computing Index has seen an 11% gain in the past week, outperforming bitcoin and the broader CoinDesk 20 index, driven by the surges of Filecoin (FIL) and the Graph (GRT), which have both rallied over 40%. This increase is attributed to Filecoin's integration with Solana and the upcoming Dencun upgrade on Ethereum, which is expected to boost demand for decentralized storage solutions.
Decentralized exchange PancakeSwap plans to implement an affiliate model that allows developers to create versions of the platform on other blockchains, offering broader access and opportunity within the DeFi ecosystem, with CAKE token holders benefiting from affiliate forks by receiving native DEX tokens and reduced token supply.
Ether spot-exchange traded funds (ETFs) are expected to increase institutional investment in Ethereum's token and potentially stabilize the market, leading to sustained growth rather than explosive price surges.
Injective has introduced the CW-404 standard, which allows for fractional ownership of NFTs, making it more accessible and enabling financial use cases, with the Sushi Fighter NFT collection being the first to utilize this standard.
Fintech company Block reported a remeasurement gain of $207 million on its bitcoin holdings, with $66 million in gross profit from bitcoin sales on Cash App, resulting in an overall 22% increase in gross profit.
Approximately $9.5 million worth of Ethereum was stolen from Ronin gaming network wallets and routed through the Tornado Cash mixer, impacting the co-founder of Ronin and NFT game Axie Infinity, but the attack is limited to personal accounts and does not affect the validation or operations of the Ronin chain.
A federal bankruptcy court has approved the sale of collapsed crypto exchange FTX's $1 billion stake in Anthropic, a Claude AI developer, as part of its plan to repay creditors following its collapse in 2022.
Crypto exchange Kraken has filed a motion to dismiss a lawsuit brought by the U.S. Securities and Exchange Commission (SEC), arguing that cryptocurrencies should be treated as commodities, not securities; Kraken also claims that the SEC stretched the definition of a contract and did not allege fraud or consumer harm in its lawsuit.
Fintech firm Block, led by Jack Dorsey, reported a Q4 2023 gross profit of $66 million on Bitcoin sales through Cash App, with revenue increasing by 37% YoY and a $207 million gain from its previous Bitcoin investments, leading to a 90% YoY increase in gross profit.
Ethereum layer-2 projects are expected to experience significant rallies with the upcoming Dencun upgrade, according to Coin Bureau's Guy Turner, who highlights Arbitrum, Optimism, Immutable X, and Polygon as his top picks.
Cryptocurrency exchange Kraken has filed a motion to dismiss a lawsuit from the SEC, arguing that the agency's enforcement action is retaliation for political speech; the lawsuit accuses Kraken of failing to register with the agency and commingling customer funds.
NFT platform Pizza Ninjas has launched a Nintendo 64 emulator on Bitcoin using BTC ordinals, allowing gamers to play classic console games through inscribed data on satoshis.
Development firm StarkWare has agreed to modify the unlocking schedule for Starknet's STRK token after facing backlash from the community, causing the token's price to jump by 10%.
StarkWare, the startup behind Ethereum scaling network Starknet, has revised its token allocation schedule in response to community backlash, spreading out token unlocks over several years instead of conducting a sizable unlock in April.
Notcoin is a viral clicker game that allows players to mine a virtual coin, which will eventually translate into a real cryptocurrency, with the goal of distributing tokens in a fair manner and bringing the masses into the world of crypto.
BlackRock, the world's largest asset manager, has acquired 122,600 Bitcoin (BTC) in just six weeks, making them the 11th largest holder of the digital currency with $6.31 billion in Bitcoin holdings, signaling a strong vote of confidence in the cryptocurrency and its technology.
Social community platform Reddit has added Bitcoin (BTC) and Ethereum (ETH) to its balance sheet and acquired Polygon (MATIC) in preparation for its IPO, according to a filing with the Securities and Exchange Commission.
Reddit has disclosed in a filing with the SEC that it has invested some of its excess cash in Bitcoin and Ethereum, and may continue to do so in the future, as it prepares to go public on the New York Stock Exchange.
PubKey, a bar in New York City, has become a popular meeting place for Bitcoin enthusiasts, providing a welcoming and intimate environment for gatherings and presentations by notable figures in the Bitcoin space. Despite the challenges of operating in a city that can be hostile to Bitcoin, the founder, Thomas Pacchia, remains dedicated to promoting the cryptocurrency and creating a community hub for like-minded individuals.
Stability AI has announced an early preview of its next-generation image tool, Stable Diffusion 3 (SD3), which is being hailed as the most advanced text-to-image model to date, outperforming its competitors in terms of prompt understanding and text generation. With improvements in text generation, strong prompt adherence, and resistance to prompt leaking, SD3 is proving to be highly capable in generating high-quality images. The model also boasts support for multimodal input and plans for future technical reports to demonstrate its capabilities.
The correlation between the price of bitcoin and flows in and out of spot ETFs has decreased, indicating that the movements of bitcoin are not as closely tied to these flows as they were before, according to JPMorgan.
Cryptocurrencies such as Bitcoin and Ethereum have experienced significant growth, with Ethereum being favored due to anticipated approval of a spot Ethereum exchange-traded fund (ETF) in the U.S. and enhancements in scalability and reduced fees, while Solana is seen as a premier Ethereum alternative and has recently collaborated with Filecoin for decentralized storage solutions; on the other hand, Shiba Inu has had a disappointing year and its outlook appears bleak.
BNB price reaches over $380 for the first time since Nov. 2022, benefiting from fading concerns about Binance and a web3 gaming project's airdrop farming campaign.
Bitcoin miner Marathon Digital will be the first publicly traded company to offer Slipstream, a service that expedites the processing of complex Bitcoin transactions by utilizing its own mining pool, MARA Pool. Slipstream aims to eliminate delays and complications in confirming large or "non-standard" transactions that comply with Bitcoin's protocol. However, the customization of the pool settings raises concerns about potential transaction censorship.
The European Central Bank (ECB) has published a blog stating that Bitcoin has failed as a currency and investment, and therefore has a fair value of "zero dollars," despite its recent price rally and the launch of Bitcoin spot ETFs. The ECB continues to dismiss Bitcoin's potential and attributes its rise to price manipulation and fraudulent activities, ignoring the reasons why people are interested in cryptocurrencies.
BitMEX co-founder Arthur Hayes believes that the accumulation of Bitcoin by recently launched spot Bitcoin ETFs, combined with possible rate cuts by the Federal Reserve, could propel Bitcoin to new heights, while Ethereum may experience a rally if a spot market ETF is approved for the platform. Hayes also suggests that some altcoin projects may outperform both Bitcoin and Ethereum in the current market.
Crypto exchange Coinbase has clarified that its platform remains accessible in Nigeria, despite reports suggesting that Nigerian authorities had restricted access to exchanges like Binance and Coinbase.
US spot ether ETFs, incorporating staking, could impact validator concentrations in the Ethereum network, leading to concentration risks, but the introduction of ether staking ETFs with institutional custodians and diversified stakes may mitigate the issue, according to S&P analysts.
Crypto exchange Coinbase has expressed support for Grayscale's application to offer a spot Ethereum exchange-traded fund (ETF), highlighting Ethereum's market maturity and arguing that it should be considered a commodity rather than a security. Coinbase's backing comes amid discussions about the potential risks of concentration in the Ethereum network, particularly with spot Ethereum ETFs that include staking options.
The Biden administration is being accused of unfairly targeting bitcoin miners by demanding their energy consumption information, leading to concerns about potential penalties and an abuse of emergency powers.
OpenAI CEO Sam Altman's Worldcoin (WLD) token reached record highs due to a broader rally in AI-related tokens, with Worldcoin up 40% in a day and almost 170% in the past 7 days, fueled by strong earnings from chipmaker Nvidia and increased optimism surrounding AI adoption.
Brands and loyalty programs are finding value in the NFT space, with companies like Starbucks utilizing NFTs to enhance customer experiences and create community connections, according to Steve Kaczynski, co-author of "The Everything Token" and community lead for Starbucks Odyssey.
Inflows into bitcoin exchange-traded funds (ETFs) dropped to a two-week low, with only 500 bitcoin attracted, marking a significant decrease from the previous days' inflows.
Bitcoin's fourth halving event is expected to occur in late April, and historically, halvings have led to price increases for bitcoin as supply decreases, but market sentiment and speculation leading up to the event should be considered.
US Senators Elizabeth Warren and Sherrod Brown are facing criticism from the Chamber of Digital Commerce for their proposed legislation that would impose money laundering rules on the crypto industry, with the group claiming that the bill would harm national security, the economy, and US leadership in the digital economy.