Amidst the crypto industry’s ongoing turmoil following the recent cyberattack between Iran and Israel, Hello Pal, a widely-used social messaging app along with various business entities, reported an impressive increase in revenue for its crypto mining sector during the previous year. Based on a recent announcement, the crypto mining branch of Hello Pal has brought … Read more
Bybit, a well-known cryptocurrency exchange and trading platform, has recently published a report focusing on the anticipated effects of the upcoming Bitcoin halving on the Bitcoin supply within the crypto market. The report sheds light on how this event will increase scarcity and significantly impact Bitcoin’s price. Exchanges Set To Face Bitcoin Supply Crunch On … Read more
Chad Steingraber, an experienced game developer and industry expert, has shared reasons why XRP, the digital currency linked to Ripple Labs Inc, hasn’t met expectations in terms of performance, despite recent alliances and efforts to enhance its payment functionality. XRP’s Trading Volume Decreases According to today’s CoinMarketCap update, XRP is currently priced at $0.4924, marking … Read more
BytePlus, the technological wing of TikTok’s owner ByteDance, has entered into a prolonged collaboration with Mysten Labs, the innovators behind the Sui blockchain’s foundational layer. On April 17, BytePlus announced its plans to leverage its expertise in AI and data storage to revolutionize the way web3 games and SocialFi projects operate within the Sui ecosystem. … Read more
According to experienced cryptocurrency analyst and trader Ali Martinez, there’s a potential scenario that could drive Bitcoin‘s price up to $86,000 in the near term. Bitcoin Movement Determined By Key Levels An optimistic viewpoint from the analyst brings up the potential for a significant increase in Bitcoin’s price trend, fueling excitement and curiosity within the … Read more
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