The Drift DAO Foundation announced plans for launching the DRIFT governance token, a major step towards creating a completely community-controlled platform. By introducing this token, users and collaborators will have the power to influence the Drift ecosystem’s future direction through decentralized decision-making procedures. Drift DAO Launches Native Token The DRIFT governance token holds the potential … Read more
Right now, Bitcoin is struggling to remain stable due to intense geopolitical conflicts causing a substantial decrease in the cryptocurrency’s value. At present, Bitcoin has suffered a considerable loss of approximately 15%, dropping down to $60,660 – its lowest point in nearly a month. Amidst the market chaos, Bitcoin advocate and investor Samson Mow stands … Read more
On Mondays, Bitcoin‘s price bounced back slightly above its weekend lows, reaching a peak of $66,830. The primary reason for this increase was the recent approval of new Bitcoin spot ETFs in Hong Kong. Approving the ETF’s launch in Asia’s major financial center has signaled to other regions that they too should seriously consider this … Read more
A notable number of SingularityNET’s AI technology token owners have endorsed the proposed Artificial Superintelligence (ASI) Alliance through a vote, as reported by the platform. ASI Alliance Moving Forward On SingularityNET Endorsement An innovative move by AGIX holders, this new advancement signifies the genesis of the biggest open-source and decentralized network’s construction. The proposed network … Read more
An Ethereum billionaire recently sold their entire stash of 10,701 ETH (around $33 million) in a notable transaction on the busy cryptocurrency platform, Binance. According to reports from on-chain analysis firm Lookonchain, a significant crypto investor (referred to as a “whale”) sold off their entire holding of 10,701 ETH, equivalent to approximately $33 million, on … Read more
The number of transactions on Shiba Inu’s layer-2 blockchain, Shibarium, has rapidly increased and is close to reaching one million. According to data from Shibariumscan, there was a significant jump in transaction volume, which grew by approximately 229% in just 24 hours, leading to a total of 958,440 transactions. In simpler terms, this achievement surpasses … Read more
Michael Saylor, the founder of MicroStrategy and previously its CEO, holds significant influence within the Bitcoin community. After relinquishing his CEO role, he has dedicated himself to MicroStrategy’s Bitcoin strategy, a commitment the company adopted in 2020. More recently, he took to his X or Twitter account to highlight the potential influence of the upcoming … Read more
During significant diplomatic dealings between the United States and Iraq, Iraq’s Deputy Prime Minister, Muhammad Ali Tamim, has made statements that have sparked curiosity among Bitcoin enthusiasts about the possibility of Iraq joining large-scale Bitcoin mining as a national entity. Will Iraq Start Mining Bitcoin? At a recent press event with US Secretary of State … Read more
Bitcoin‘s price in the cryptocurrency market has caused worry recently, as it dropped by 16.65% within a short time. This happened just before Bitcoin’s upcoming fourth halving event. The decrease has sparked curiosity and apprehension among traders. However, upon closer examination by CryptoQuant, this price drop is not unusual but rather a regular occurrence leading … Read more
The S&P 500 has dropped below its moving average of the last 50 days for the first time since it started rising five months ago. This could be seen as a positive indication for the US stock market, but it may also serve as a warning signal for Bitcoin and the overall cryptocurrency market. Why … Read more