Could Runes save Bitcoin miners post-halving? April 19, 2024 At some point tomorrow, Bitcoin will experience its fourth halving. The reward miners receive for processing every 10 minute block will decline from 6.25 Bitcoin to 3.125. Bitcoin will become an even scarcer commodity with annual issuance dropping from 1.6% to 0.8%. The market appears to believe that this will be a serious loss for Bitcoin miners. Miner stocks, such as Riot, Marathon and Bitfarms, are down over 50% from their February highs.
Could DePIN be crypto’s ESG-friendly real world use case? April 18, 2024 So far in this cycle, there have been several narratives that have emerged. These include artificial intelligence (AI), real world assets (RWAs) and decentralised physical infrastructure (DePIN) tokens. Unlike meme tokens, these tokens and projects actually relate to solving a problem.
OKX launches its Base rival “X Layer” April 17, 2024 Last cycle, all eyes were on the centralised exchange Binance. Law enforcement agencies had yet to launch any attacks and its founder, Changpeng Zhao, was also still at the helm. But, even after its battles with regulators, according to The Block's data, the exchange still maintains over 40% spot trading volume dominance. However, its own chain, Binance Smart Chain, is quickly losing its dominance.
Hong Kong could become Asia’s crypto hub with Bitcoin and Ethereum ETFs April 16, 2024 After the weekend's volatility due to the increasing conflict in the Middle East, crypto saw some positive news coming from Hong Kong yesterday. Bitcoin and Ethereum spot exchange traded fund (ETF) applicants in Hong Kong posted on social media that authorities had approved their applications. The region will be the first in Asia to offer spot ETFs. Is this the beginning of Hong Kong’s crypto dominance?
Bulls liquidated amid war fears April 15, 2024 Over the weekend, Crypto traders received a strong reminder about the risks of trading with leverage. In the immediate aftermath of Iran's drone and missile launch against Israel, Bitcoin and other Crypto assets experienced flash crashes. Bitcoin dropped from $70,000 to $60,000 in a matter of minutes.
The SEC Takes A Swing At Decentralised Exchange Uniswap April 12, 2024 The United States’ Securities Exchange Commission (SEC) has struck against crypto once again. Their latest Wells notice, a warning indicating the regulator’s intent to pursue legal enforcement, targeted one of crypto’s most coveted decentralised finance (DeFi) applications, Uniswap. The decentralised exchange (DEX) just passed $2 trillion in lifetime trading volume. But Uniswap is just getting [...]
Is TON Crypto’s Dark Horse For Onboarding 1 Billion Users? April 11, 2024 As Bitcoin consolidates around its previous all time high, a new player worth $23 billion has emerged in the top 10 largest coins by market cap. Strangely, this token’s rise has been mostly missed by Crypto communities. But, over the past two months, the token’s chain has seen its total value locked increase by over [...]
Solana Slows Whilst Rally Keeps Running April 10, 2024 Any business that has to turn away customers because it is too busy has a good problem on its hands. Over the past week, Solana has been experiencing this very problem. Solana’s trading volumes, and overall network usage, has ballooned to record numbers over the past few weeks. However, recently transactions on Solana have been [...]
New York Jury Find Terra Guilty Of Fraud April 9, 2024 Over the weekend, one of the many crypto lawsuits reached a conclusion. This one involved Coinbase, and this time the exchange wasn’t fighting its arch nemesis, the SEC. This case involved a collection of aggrieved users who believed Coinbase should not have sold them certain tokens. The judge sided with the exchange. They stated that [...]
Bitcoin’s Price Is At A Crossroad April 8, 2024 The approval of the Bitcoin ETF triggered a crypto market surge that pushed Bitcoin to new highs. Amidst the rally, manias have emerged, including the explosion of memecoins. However, over recent weeks, Bitcoin’s price lost some of its momentum. It now ranges just below its All-Time High. The billion dollar question for traders is where [...]
