The cost for the native token of an NFT marketplace built on Solana significantly increased by approximately 70% following its addition to Coinbase, a widely-used crypto exchange. After being added to Coinbase with the “Experimental” tag, indicating new or less-traded tokens, the cryptocurrency’s price rapidly increased, reaching an astounding $2.2 peak. However, it then dipped … Read more
Why you should listen After fifteen years of the blockchain revolution, we’re yet to find an uncomplicated, swift, and confidential method for worldwide transactions. With zero-knowledge encryption at its core, Payy aspires to address this challenge in global payments. Payy is a payments network designed as a Zero-Knowledge roll-up specifically for handling USDC transactions. Sid … Read more
The desire for Bitcoin, the leading cryptocurrency represented by the symbol $BTC, is rapidly increasing at an extraordinary rate. At the same time, the amount of Bitcoin kept in crypto exchanges has shrunk to historical minimums. This reduction in supply might indicate an impending supply shortage that could push prices up. Based on information from … Read more
On Monday, the memecoin called Jeo Boden, which is based on President Joe Biden and is hosted on the Solana platform, hit a new high, crossing the $1 threshold for the first time. However, it subsequently fell and now hovers around $0.817. Over the past week, its value has jumped by more than 170%, while … Read more
Last week, there were investments totaling $646 million into cryptocurrency products. This brings the total investments for the year to a new all-time high of $13.8 billion, exceeding the previous record of $10.6 billion set in 2021. After Bitcoin‘s ($BTC) price jumped by more than 66% this year, reaching approximately $70,500, and increasing by over … Read more
Bitcoin‘s built-in mechanism called halving controls its limited supply by reducing the rewards given to miners. This event takes place roughly every four years or after the mining of 210,000 blocks. In April 2024 (estimated), the current reward of 6.25 Bitcoins will be cut in half to 3.125 Bitcoins. This mechanism serves two core purposes: … Read more
April 9 saw Sarah Kunst, managing director at Cleo Capital, discuss her perspectives on Bitcoin and the wider crypto market during an appearance on CNBC’s “Worldwide Exchange” for an interview. Kunst initially discussed the buzzing cryptocurrency market, touching upon the upcoming Bitcoin halving and the prospect of approved ETFs for Ethereum (ETH). She highlighted the … Read more
On April 8, Metaplanet Inc. (TYO: 3350), a Japanese consulting and investment firm listed on the stock exchange, revealed its plan to adopt Bitcoin as the primary asset for the company’s treasury, allocating an initial amount of approximately JPY 1 billion. Metaplanet Inc., based in Japan and traded on the Tokyo Stock Exchange’s Standard Section, … Read more
On April 9, BCB Group revealed that they had shifted their digital asset custody functions over to Metaco’s custody coordination system. London-based financial company BCB Group excels in the digital asset industry. They lead Europe in supplying businesses with cryptocurrency-related accounts and trading solutions. Notable clients include Bitstamp, Coinbase, Galaxy, Gemini, Huobi, and Kraken. Services … Read more
Today, Arthur Hayes, the Co-Founder of BitMEX, wrote a blog post expressing his views on the upcoming Bitcoin halving set for April 20th and forecasting its potential influence on digital currency markets. The Bitcoin halving refers to a built-in Bitcoin system event that cuts in half the reward given to miners for generating new blocks. … Read more