Tag: Cryptocurrency

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Bitwise reveals spot Bitcoin ETFs outperformed pre-release predictions by a significant margin

Spot Bitcoin exchange-traded funds (ETFs) surpassed several predictions about their assets as their collective assets under management (AUM) hit $591 billion within the first three months of the

Mysten Labs Announces Suiplay0x1, a Web3 Enabled Gaming Handheld

Mysten Labs, the company behind the development of Sui, a proof-of-stake blockchain project, has announced it is working on developing Suiplay0x1, a Web3-enabled gaming handheld The organization did

A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards

Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate The

Lisbon Blockchain Conference to focus on education and connectivity in its fourth edition

Portugal-based Nova SBE Blockchain Club is hosting the fourth edition of the Lisbon Blockchain Conference on April 24 to discuss blockchain technology and its impact on business and the economy,

Will The Halving Send Bitcoin Price To $100,000? Analytics Platform Reveals What You Should Expect

Hannah Phung, a lead analyst at on-chain analytics platform SpotOnChain, recently gave her opinion on the impact that Bitcoin Halving could have on the flaghsip crypto’s price This adds to the

Binance-backed Gopax Exchange Makes Strides: Revenue Soars 97% Despite Challenges

A recent financial report from Streami, the parent company of Gopax, revealed that the South Korean cryptocurrency exchange experienced significant revenue growth and a notable reduction in net

Bitcoin’s crash to $65k causes meltdown for alts

Bitcoin’s (BTC) value plummeted below $66,000 on April 12, a stark drop from its $71,000 peak earlier in the day, as a wave of selling hit the crypto and equities markets, causing some altcoins

Leveraged Crypto Traders Hit Hard: $872M Liquidated in a Single Day Amid Bitcoin Price Drop

On April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a substantial sell-off at 2:00 pm Eastern Time The price of bitcoin in USD tumbled to

Litecoin (LTC) Breaks Records: 5 Million Long-Term Holders Signal Major Market Shift

Recently, reports from IntoTheBlock revealed that the Litecoin (LTC) network has exceeded five million long-term holders This achievement represents approximately 625% of all LTC addresses with a

Stablecoin Market Expands by $4.46 Billion in 12 Days

In the last 12 days of April, the stablecoin sector expanded by $446 billion, reaching a current valuation of $15586 billion Additionally, the top five dollar-pegged cryptocurrencies experienced an

XRP ETF Debate Is Heating Up As Ripple CEO Joins The Conversation

Since the Spot Bitcoin Exchange-Traded Funds (ETFs) were approved, market experts have continued to give their opinions on the possibility of other crypto ETFs, such as an XRP ETF launching soon

US court hands down historic sentence for smart contract hacker

A US court has sentenced Shakeeb Ahmed to three years in prison for hacking two separate decentralized crypto exchanges and stealing digital assets worth over $12 million, according to an April 12