Bitcoin’s ‘euphoria phase’ cools, but a BTC bottom could be near — Glassnode
Data suggests that newer investors are behind Bitcoin’s sell-off, but sell-side exhaustion will eventually mark BTC’s price bottom.
Month: April 2024
US Court to hear proposed remedies from Terraform Labs, Do Kwon in May
The SEC proposed that Do Kwon and Terraform pay roughly $5.3 billion in disgorgement, prejudgment interest and civil penalties, while...
Chainlink (LINK) Flashing Potential Rally Signal, According to Crypto Analyst – Here’s His Target
Cryptocurrency analyst and trader Ali Martinez is saying that blockchain oracle Chainlink (LINK) possesses upside potential based on the readings...
Abra CEO Predicts Crypto Markets Go to $50 Trillion Market Cap Once Real World Assets Become Tokenized
Abra cofounder and CEO Bill Barhydt is predicting a $50 trillion digital asset market capitalization within a decade due to...
DOJ Opposes Tornado Cash Developer’s Motion To Dismiss, Says Defendant Exercising Misdirection
The U.S. Department of Justice (DOJ) is pushing back against a Tornado Cash founder’s efforts to have his charges dismissed....
Coinbase Integrates Support for Bitcoin Payments Platform Lightning Network
The leading US-based crypto exchange by trading volume is adding support for Bitcoin (BTC) payments platform Lightning Network. In a...
Russian Authorities Introduce New Restrictions on Cryptocurrency To Prevent Ruble From Being Replaced: Report
Russia reportedly plans to institute a wide-ranging crypto ban in September. Anatoly Aksakov, chairman of the State Duma Committee on...
Phase Two Decentralized Sequencer Upgrade – Metis Unlocks Two-Second Confirmation and Sequencer Mining
The TVL (total value locked) in layer-two rollups crossed $34 billion in under five years – they emerged as one...
Bitcoin retraces back to critical monthly all-time high support level from 2021
Bitcoin will close April down this evening following a drawdown of roughly 15% since the start of the month. The...
15% decline in MSTR share price amid non-adoption of new FASB Bitcoin standards
Quick Take MicroStrategy, the business intelligence firm, has further solidified its position as a Bitcoin corporate treasury, holding approximately 1%...
US Bitcoin ETFs record fourth consecutive trading day of outflows
Quick Take According to the latest data from Farside Investors, April 29 saw an outflow of $51.6 million from US...
Monero hits eight-year low against Bitcoin as regulatory pressures mount
Monero’s XMR token has fallen to its lowest point against Bitcoin in the last eight years amid regulatory pressure on...
Ripple teams up with HashKey DX on blockchain-based supply chain finance in Japan
Crypto firm Ripple is expanding its XRP Ledger (XRPL) enterprise solutions to Japan through a strategic collaboration with HashKey DX,...
Cross-chain universal app states could reduce EVM development by 90% – Skate CEO
Siddharth Lalwani is on a mission to redefine the blockchain ecosystem with Skate, a universal application layer integrated with EigenLayer...
Hong Kong’s Bitcoin and Ethereum ETFs launch with lower than expected trading volumes
Hong Kong’s debut of Bitcoin and Ethereum exchange-traded funds (ETFs) commenced with modest trading volumes, tallying up to 87.58 million...
