The upcoming Bitcoin halving is causing excitement in the cryptocurrency world, drawing attention to meme coins such as Shiba Inu (SHIB), Dogewifhat (WIF), Pepe (PEPE), Slerf (SLERF), and The Doge NFT (DOG). Investors seeking substantial profits and even a potential 100X return by 2024 find these meme coins attractive due to their promised high returns. … Read more
Pendle, a decentralized finance protocol, proved its strength during the recent market downturn as its coin price bounced back from a support level of $4.9. This rebound resulted in a 42% increase in just three days and lifted the asset value to $6.97. Furthermore, with Bitcoin Halving approaching soon, there is anticipation that the wider … Read more
Adobe, a well-known software company specializing in content solutions, has announced that it’s exploring the integration of third-party generative AI tools from OpenAI and other tech firms into its widely used video editing tool, Premiere Pro. This revelation, made public on April 15, created quite a buzz in the AI community, suggesting Adobe’s commitment to … Read more
XRP is experiencing a significant bounce back in the digital currency market, with its price increasing by 6.24% within the last day to reach $0.5135. This surge highlights XRP‘s determined effort to regain its former value after experiencing a steep decline from its peak of $0.6642 in the past month down to a low of … Read more
OSL, a digital asset platform based in Hong Kong, has been selected to serve as both the trading venue and sub-custodian for two newly approved Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). In simpler terms, OSL will facilitate the buying and selling of these ETFs while securely holding their underlying digital assets. On April … Read more
The Bitcoin Open Interest has experienced a significant decrease as of late, which might be a good sign for the ongoing rally. Bitcoin Open Interest Has Cooled Down From Recent Overheated Levels A crypto market analyst noted in a CryptoQuant update that the level of Bitcoin derivative contracts open for trading on all exchanges has … Read more
The cryptocurrency Cardano has seen significant growth today, boosting its market value by approximately $1.7 billion. This uptick comes after a prolonged phase of instability and doubt in the crypto market. During the present trading session, the data from CoinMarketCap shows that Cardano’s market cap has increased from $15.8 billion to $17.5 billion. This growth … Read more
Michael Saylor, the founder and ex-CEO of MicroStrategy who currently oversees its Bitcoin investment plan, recently shared a Bitcoin-focused update on his Twitter/X account to capture the attention of the cryptocurrency community. Bitcoin community reacts to Saylor’s post Michael Saylor’s tweet contained a simple statement and a visually striking image generated by an AI app. … Read more
Recently, there’s been an unexpected rise in the value of Shiba Inu (SHIB), the cryptocurrency inspired by the breed of the same name. This jump in price, amounting to 8%, has left traders and investors taken aback. Amidst the unpredictability of the cryptocurrency market, this unexpected change represents a significant shift in attitude among SHIB … Read more
The Norwegian government’s recent laws aiming at crypto data centers, specifically cryptocurrency mining, show increasing worries about the industry’s impact on the environment and regulations. Previous studies by Arcane Research revealed that many Bitcoin mining operations are located in Norway. With a small population, Norway still contributes significantly to Bitcoin’s global computing power, as seen … Read more