After carefully preparing and constructing it for several months, Merlin Chain, the leading Bitcoin-centric layer two (L2) system, unveiled its own token named MERL. The introduction of MERL tokens is essential for Merlin Chain’s future expansion plans. With Bitcoin set to undergo its fourth halving this weekend, Merlin Chain announced that traders can now buy … Read more
Tether, the organization managing the largest stablecoin, USDT, announced an expansion that boosted Toncoin‘s value, the native token for The Open Network (TON), by approximately 17% within the last day. Tether Expands Reach To 15 Blockchains On Friday, Tether unveiled the introduction of its USDT stablecoin tied to the US dollar and XAUT, a gold-backed … Read more
As the highly anticipated Bitcoin halving of 2024 approaches in the next few hours, Binance CEO Richard Teng expresses excitement over this event’s uniqueness due to various favorable occurrences within the cryptocurrency market. In an interview, Teng explained, “This year’s halving stands out because it coincides with a string of other noteworthy developments in Bitcoin … Read more
The opening three months of 2024 have been quite busy and significant for Bitcoin and the wider cryptocurrency market, as well as various crypto investment funds. Notably, Nickel Digital Asset Management achieved its finest quarterly results to date for its $80 million Diversified Alpha fund during this period. According to Anatol Crachilov, CEO of Nickel’s … Read more
Singapore’s pioneering crypto payments firm, Triple-A, intends to add PayPal’s new stablecoin, PYUSD, to its system by June 2024. This addition may boost PayPal’s emerging cryptocurrency initiative significantly, marking a crucial step in the ongoing competition for dominance in the stablecoin market. With the support of Peak XV Partners, Triple-A experienced significant expansion following the … Read more
According to crypto analyst Michaël van de Poppe, the upcoming Bitcoin halving on April 19 may cause a change in focus. After this event, he believes that the spotlight could move away from Bitcoin. A Narrative Shift To Occur Post-Halving Van de Poppe hinted in a recent X post that narratives surrounding the crypto market … Read more
Pavel Durov, the founder and CEO of Telegram, has revealed that Telegram intends to convert stickers and emojis into digital tokens called non-fungible tokens (NFTs). This means users can own these assets uniquely and even generate income by creating and trading them. Durov Explains Tokenization of Stickers on Telegram At the Token2049 event in Dubai … Read more
Before the anticipated fourth Bitcoin (BTC) halving this weekend, Cardano (ADA) has set a firm support level at roughly 44 cents. With a fully diluted market value of around $21 billion and an average daily trading volume of about $562 million, Cardano bounced back by nearly 4% in the last 24 hours to trade around … Read more
The anticipated Bitcoin halving has Bitcoin community members buzzing with excitement. According to Bitwise CEO Hunter Horsley’s perspective, this event could potentially push Bitcoin prices up to $100,000 or more. On X, formerly known as Twitter, Horsley shared his positive perspective about the upcoming Bitcoin Halving. This event happens every four years and has previously … Read more
Today, Bitcoin (BTC), the most significant cryptocurrency in the world, experienced a dip below $60,000 earlier in the day, but it bounced back robustly within hours. Currently, the Bitcoin price is climbing up by 5%, approaching $65,000 as reported. Numerous elements have been causing fluctuation in BTC pricing, including geopolitical conflicts, the upcoming Bitcoin halving … Read more