Blockchain
IoTeX secures $50M investment expanding dePIN narrative for next cycle
The decentralized Physical Infrastructure Network (DePIN) platform IoTeX, has secured a $50 million investment from a consortium of venture capital firms to accelerate the growth and adoption of its
Blockchain
Bitcoin ETF Outflows Are Ramping Up Again, What Does This Mean For BTC Price?
Bitcoin ETF outflows are on the rise once again after a change in the tide last week These outflows, given the ETFs’ correlation with the Bitcoin price, have a substantial impact on how well the
Blockchain
Standardization of Blockchain Data Format Enhances Interoperability Between Chains – Nick Yushkevich
According to Nick Yushkevich, standardization of blockchain data formats is crucial as it enhances the interoperability of distinct protocols and fosters broader adoption of the technology
Blockchain
Analyst Says Shiba Inu Will Flip Dogecoin As SHIB Burn Rate Expodes
Crypto analyst Altcoin Sherpa recently mentioned that Shiba Inu (SHIB) could still flip Dogecoin (DOGE) as the largest meme coin by market cap His statement comes at a time when SHIB’s fundamentals
Blockchain
Emotional trading patterns hit short-term Bitcoin holders’ wallets
Quick Take As Bitcoin’s price has surged roughly 50% since the beginning of 2024, data from Glassnode reveals a noteworthy pattern in behavior among short-term holders (STHs), defined as
Blockchain
Byte Federal Launches Point of Sale System for Merchants Seeking to Accept Bitcoin
PRESS RELEASE Byte Federal, a leading company in the global financial technologies space, is proud to announce the official launch of its point of sale (POS) system, ByteConnect This product launch
Blockchain
KuCoin’s assets and market share slide amid legal woes and user withdrawals
Recent legal challenges with US authorities have resulted in a noticeable decline in user assets on KuCoin, according to the exchange’s latest proof-of-reserve certificate According to the
Blockchain
Shiba Inu Fires Up With 4,000% Burn – Price Rebound Coming?
Shiba Inu (SHIB), the popular dog-themed meme coin, is experiencing conflicting signals amidst the recent crypto market slump While the burn rate, a metric indicating the rate at which tokens are
Blockchain
Cardano Approached By Several US States For Blockchain Voting
The Cardano Foundation has been approached by several US states interested in developing a blockchain-based voting system This information came to light during a recent interview with Frederik
Blockchain
HanChain (HAN) Goes Live on Top 10 Crypto Exchange MEXC
PRESS RELEASE HanChain (HAN) went live on MEXC, a top 10 global cryptocurrency exchange, at 5:00 AM UTC on April 3, 2024 In addition to the listing, the HanChain project also launched its mobile
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Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers
The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024 Currently valued at $66,900 per unit, bitcoin’s price is showing
Will Washington Wreck Or Welcome Crypto? Looming Vote Holds Bitcoin’s Fate
With Bitcoin rocketing in value and Wall Street circling like a hawk, the US crypto industry is holding its breath as a crucial vote approaches in Washington next week The Financial Innovation and
10 US Spot Bitcoin ETFs Absorbed 548,556 BTC Worth $36 Billion in 128 Days
According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC), acquired 548,55662 BTC from the market over the last 128 days This
Bitcoin Boom: Price Explodes Past $67,000 As Investor Confidence Returns
The cryptocurrency market has been shaken by turbulence over the past year, but Bitcoin is now staging a remarkable comeback, breaking past the $67,000 mark for the first time since late 2023 This
Vitalik Buterin Outlines Improvements for Ethereum’s Decentralized Future
Ethereum co-founder Vitalik Buterin has proposed several enhancements aimed at improving the network’s permissionlessness and decentralization The proposed changes focus on tackling issues