In the first quarter of the year, there was a notable jump of 55% in the overall investment expenditure for Web3 projects. This significant rise indicates a renewed enthusiasm among venture capitalists and other entities towards cryptocurrencies, blockchain technology, and the broader Web3 landscape. Based on the findings from the Q1 2024 OnChain Report by … Read more
P2 Ventures, an investment firm specializing in cryptocurrency, announced the creation of a $50 million fund to foster development in the Polygon network. As stated in a recent press release, this financial resource will primarily benefit startups creating groundbreaking apps on the Polygon platform. The Hadron Founders Club (Hadron FC), P2 Ventures’ founder program, will … Read more
According to Bernstein’s research team, who are well-known in the industry, they are confident that Bitcoin‘s price will reach an astounding $150,000 following the upcoming halving event. After this significant event takes place, they anticipate that Bitcoin will continue its upward trend, once any potential disruptions from the event have passed and the mining process … Read more
SingularityNet, which specializes in AI on the decentralized platform, announced a collaboration with Minswap Labs, a Cardano-based DEX team, on April 17. The goal is to revolutionize decentralized finance (DeFi) on the Cardano blockchain by merging DeFi technology and artificial intelligence (AI). A fresh collaboration between Minswap Labs and SingularityNet marks the beginning of an … Read more
Bitcoin, the most widely used cryptocurrency globally, has been experiencing increased selling in recent times as we draw near to the upcoming fourth Bitcoin halving on April 20, 2024. Contrarily, signs of bullish activity have emerged from on-chain data preceding this event. According to data from CryptoQuant, which tracks on-chain Bitcoin activity, the number of … Read more
With April 19, 2024, approaching as the anticipated date for Bitcoin‘s fourth halving event, there’s been an increase in excitement within the cryptocurrency community. Notable crypto influencer Leshka.eth, boasting a large following of over 128,500 on X (previously known as Twitter), has pinpointed several altcoins connected to the Bitcoin financial ecosystem (BTCfi) that could potentially … Read more
Upbit, the prominent cryptocurrency exchange in South Korea, has temporarily halted deposits and withdrawals worth over 1 million Korean won (KRW). This decision came after Upbit established a new partnership with Ten&Ten, a virtual asset service provider (VASP), which previously facilitated large transactions. As a result, big-value crypto transfers on Upbit are currently restricted. Upbit … Read more
CoinList, an online marketplace for buying and selling cryptocurrencies, has made some significant enhancements to its services. Following the resolution of any underlying technical issues and bugs, the team unveiled an extensive overhaul aimed at enhancing users’ experience when dealing with digital currencies. Reimagined Karma System: Rewarding Community Engagement One significant improvement is a revamped … Read more
A crypto expert named Crypto Banter has shared his thoughts on whether it’s advisable to purchase alternative cryptocurrencies (altcoins) currently. Notably, the analyst cautioned against buying altcoins that bounced back swiftly after a market downturn, such as the one witnessed during the weekend. In simpler terms, the expert advised considering other options instead of rushing … Read more
In the constantly changing cryptocurrency market, Bitcoin and top altcoins like MATIC (the token of Polygon) have faced increased instability in recent times. Even MATIC has felt the brunt of this market turbulence, with a nearly 2% decrease in value over the past day. Based on current figures, MATIC is priced at $0.69 – a … Read more