As of April 9, 2024, Toncoin (TON), the native currency of The Open Network blockchain, has moved up a spot to rank as the tenth largest cryptocurrency by market capitalization. The price of TON jumped by 13% that day, reaching $6.65, which gave it a market value of $23 billion, surpassing Cardano‘s ADA token with … Read more
On April 9, 2024, the first day of the three-day Paris Blockchain Summit, Jan van Eck, CEO of VanEck, shared valuable information about the factors influencing the cryptocurrency market during an enlightening segment on CoinDesk TV’s “Markets Daily” show. The VanEck chief executive pointed out that Europe has taken a leading role in crypto regulations, … Read more
On April 9, Dante Disparte, Circle’s Global Policy Head, discussed the Biden administration’s strategy for dealing with risks related to cryptocurrencies, especially focusing on stablecoins and their impact on illicit financing during an interview on Bloomberg TV. Disparte spoke with Sonali Basak and Tim Stenovec from Bloomberg Crypto about important topics concerning the crypto industry, … Read more
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