CryptoQuant’s analysis team has shared new insights: the upcoming 2024 Bitcoin halving seems to have less impact on Bitcoin‘s price than previously assumed. The halving, which typically brings bullish market trends, now appears to be a lesser factor influencing BTC‘s surge in value. Bitcoin Halving Effects On Prices Is Fading According to a study published … Read more
At the SuiBasecamp event in Paris, the rapidly expanding SUI blockchain network, boasting over $646 million in Total Value Locked (TVL), unveiled several exciting new offerings. With the support of esteemed developers from Mysten Labs behind it, Sui aims to challenge Ethereum (ETH) as the leading smart contract platform in the not-too-distant future. The Sui … Read more
Charles Edwards, the creator of Capriole Investments, has generated notable buzz and discussion among cryptocurrency enthusiasts. He’s labeled Ethena (ENA) as “the next Luna,” but with an essential distinction: its economic foundation is considered robust and enduring. Edwards clarified, “The investment is fully backed and the return fluctuates with market conditions. In contrast, Luna didn’t … Read more
Dog WIF experienced significant price fluctuations this week. On Tuesday night, its value increased by almost 10%. However, the upward trend did not last, and by Wednesday, Dog WIF had dropped approximately 14% in value. Dogwifhat’s Aggressive Rise And Sudden Dip The journey on the rollercoaster started off with an exciting explosion of activity. Dogwifhat, … Read more
The Ministry of Commerce and Consumer Affairs in New Zealand is suggesting several steps to encourage the development and acceptance of cryptocurrencies, fostering their growth within the country. Andriew Bayly, heading the ministry, expresses worry that New Zealand’s passive stance toward the growing economy might cause us to overlook potential benefits. Proposed Measures for Crypto … Read more
Recently, Fantom, Ethereum‘s rival in the Layer-1 scene, has gained attention with its native token, FTM, experiencing a significant price increase and surpassing $1. The trading volume for Fantom’s token has skyrocketed by 100% to reach $613 million daily. Additionally, FTM has seen a weekly growth of 15%. The price of Fantom (FTM) has risen … Read more
Coinbase Cloud is now part of the founding group working with EigenLayer, and they’re eager to collaborate with users looking to stake their Ethereum or Liquid Staking Tokens (LSTs). To add to this development, Sam Padilla from Google Cloud announced that their mainnet operator for EigenLayer is now active. Alongside tech giants, there are now … Read more
At the Paris Blockchain Week earlier this month, Ripple CEO Brad Garlinghouse explained why his company is developing a US dollar-linked stablecoin for its payments platform. The new digital currency is expected to be released by the end of this year, as announced by Garlinghouse. Ripple Plans to Improve XRPL Liquidity with Stablecoin A Ripple … Read more
According to information from cryptocurrency analysis firm IntoTheBlock, there has been a new achievement for Shiba Inu (SHIB), a widely-used meme coin. The data reveals that SHIB now boasts over 4 million unique wallet addresses. This figure represents a significant growth and signifies heightened curiosity towards the memecoin. The potential implications could be an expansion … Read more
The price of Bitcoin dropped once more after reaching over $72,000 on April 8th. Some reasons for this decrease are currently being discussed, casting a pessimistic shadow over the leading cryptocurrency. Inflation Data Expected To Come In Hot On April 10, the Consumer Price Index (CPI) report for March is due out. Some analysts believe … Read more