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[ad_1] Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Gain insights into analyst Ali’s prediction of Cardano experiencing a breakout and reaching $1.70 while KangaMoon’s presale gathers momentum amidst a dip in Solana’s performance. The cryptocurrency market is infamous for its volatility. … Read more
[ad_1] The BRC-20 token PUPS experienced a significant drop of about 40% in the past 24 hours and is now at a market cap of $348 million. Despite the recent plunge, trading activity remains high with a volume of $42.2 million, though this marks a decrease of 6.10% from the previous day, according to data … Read more
[ad_1] The volume of Bitcoins managed by Grayscale Bitcoin Trust has decreased by almost 50% since the conversion to a spot ETF. Unlike other issuers such as BlackRock or Fidelity, Grayscale’s investment vehicle launched on the New York Stock Exchange with approximately 619,220 BTC. According to Coinglass, the volume of cryptocurrency in Grayscale Bitcoin Trust … Read more
[ad_1] PayPal is set to alter its protection policies for NFT transactions, marking a striking shift from its previous support for the tokens. According to its terms and conditions page, the payment giant is changing the parameters of its Seller Protection Program to exclude Non-Fungible Tokens (NFTs) with a transaction amount of $10,000 or above … Read more
[ad_1] Glassnode examined how the latest trend towards restaking protocols could impact Ethereum’s role as a monetary asset. The emergence of the EigenLayer and LRT staking protocols increased ETH’s share of staking to 26% of the total supply. Analysts also recorded an increase in the overall growth in coins staked to 31.4 million Ethereum (ETH) as … Read more
[ad_1] To alleviate congestion on the Solana network, the pseudonymous creator of the Ore project, Hardhat Chad, announced an immediate halt to all mining. Ore, a blockchain-based project launched on Solana, is exploring the right distribution method by using a proof-of-work (PoW) token distribution mechanism. The project is experimenting with combining PoW’s security with Solana’s … Read more
[ad_1] Bitcoin mining companies are facing a notable decrease in stock value in anticipation of the upcoming halving. Shares of Marathon Digital Holdings, Riot Platforms, and CleanSpark have declined for three consecutive days. Marathon Digital Holdings, the largest public Bitcoin miner, lost nearly 25% of its stock value in the past month, while Riot Platforms … Read more
[ad_1] Privacy protocol Railgun denies claims of North Korean hackers or sanctioned individuals using the platform, despite earlier claims from the FBI. The assertions were initially fueled by a January 2023 statement from the FBI, which implicated North Korea’s Lazarus group in laundering over $60 million in Ethereum through Railgun. The funds were reportedly stolen … Read more
[ad_1] Solana-powered decentralized exchange Drift shared plans to roll out its governance token alongside a 100 million token airdrop. The governance token will allow holders to vote on future protocol decisions coordinated by the Drift Foundation and proposed by community contributors. An April 16 announcement said 180,000 users would receive 10% of DRIFT’s 1 billion total … Read more
[ad_1] The South Korean won has surpassed the U.S. dollar as the leading currency for trading crypto worldwide. According to a recent report by the research firm Kaiko, transactions involving the Korean won on centralized cryptocurrency exchanges reached $456 billion in the first quarter of 2024. This figure slightly edged out the $445 billion traded … Read more