After the Fourth Bitcoin Halving on Friday, there was a widespread rally in the cryptocurrency market as major coins saw significant gains. By Monday, Bitcoin had reached a new high of over $65,000, boosting the morale of investors in the altcoin sector. In this optimistic market situation, Chainlink’s price climbed from its support level of … Read more
In a recent interview on CNBC, Bitcoin advocate Tom Lee expressed his belief that the markets could experience an upturn. Lee highlights that the median short interest in stocks has reached its peak in the past three years. He expressed that if inflation performs better than anticipated, then we could witness a significant market uplift. … Read more
Magic Eden, a major name in the NFT marketplace sector, unveils its newest offering: a Bitcoin Runes platform, slated for launch on April 23, 2024. A representative from the company announced an early release. Notable aspects of this update include the ability to send Bitcoins and purchase Runes and Ordinals straight from your Magic Eden … Read more
In simpler terms, the use of cryptocurrencies, which offer quick transactions and a decentralized system, is becoming more popular in the realm of online gambling. It’s challenging to obtain accurate information, but industry professionals believe there are approximately 3,000 crypto-based gambling platforms in existence globally. With so many Bitcoin casinos available, it can be overwhelming … Read more
The HKSFPA proposes establishing an autonomous body to oversee crypto regulations, in addition to other recommendations. In an announcement on April 22, the regulatory authority suggested the need for self-regulation in the securities and futures sector, asset management, and cryptocurrencies. The statement emphasized that implementing crypto self-regulation would enhance the economic potential of the region … Read more
The Bitcoin halving, which occurred recently and aims to decrease the production of new coins, has sparked a new round of discussions among cryptocurrency enthusiasts. Economist Peter Schiff added fuel to the controversy over Bitcoin’s suitability as a currency by voicing his concerns about escalating transaction costs and slow transfer speeds. But, critics in the … Read more
The Cardano Foundation, along with Blink Labs, dcSpark, Sundae Labs, and TxPipe, have revealed the establishment of PRAGMA, an new, charitable organization aimed at advancing open-source blockchain software initiatives. Cardano Foundation and PRAGMA: Focus and Targets Renagh Moone, the Global Communications Director at PRAGMA, made an announcement in a post about the organization’s official launch. … Read more
The price of Solana (SOL) has seen a notable increase lately, breaking through the significant resistance level of $150. This progression suggests that the market may remain bullish. Over the last 24 hours, SOL has risen by more than 2%. Currently, its price stands at $153, indicating a favorable trend in its market behavior. Solana … Read more
The price performance of MATIC, the native cryptocurrency of the Polygon network, has been underwhelming compared to other top digital currencies over the past year. While many coins hit new record highs, MATIC failed to keep pace, leaving investors in significant losses. Yet, there’s a glimmer of hope for those holding MATIC, as one market … Read more
X Payments LLC has been granted a Money Transmitter License in Tennessee, signifying a major step forward in their financial industry expansion. This license adds to the 24 they already held, bringing their total to 25. Nevertheless, there are still seven states out of the 32 where X Payments LLC applied for licenses that have … Read more