Bitcoin Traders Reduced Exposure Ahead of Halving: CryptoQuant.
Regardless of the plunge in demand growth and open interest, Bitcoin is still in the bull market phase. Bitcoin’s fall to $61,000 over the weekend was a result of market…
Why The Halving Cannot Be Completely Priced In: Bitwise CIO.
The market is prepared for Bitcoin’s reduced supply issuance, but not for how that will interact with an unexpected wave of demand, Bitwise claims. With the Bitcoin (BTC) halving only…
Ethereum Network Generated $370M in Profit in Q1, as ETH Reclaims $3K
The Ethereum blockchain has made impressive profits so far this year as crypto markets rallied and network usage increased, along with transaction fees.It may sound counter-intuitive that a decentralized network…
Binance Executive’s Legal Battle in Nigeria Hits Another Roadblock as Appeal Stalls.
The Binance executive’s legal counsel criticized the prosecution for the delay in the bail application hearing.Binance executive Tigran Gambaryan remained entangled in a legal battle with Nigeria’s Economic and Financial…
BAYC Creator Yuga Labs Offloaded 2 NFT Games to Faraway.
Yuga Labs’ decision to transfer gaming intellectual property rights to Faraway is in line with its larger goal to “unshackle” its team.Yuga Labs, creator of the Bored Ape Yacht Club…
Binance Launches ‘Megadrop’ for Exclusive Access to Web3 Projects With Rewards.
The world’s biggest cryptocurrency exchange by trading volume, Binance, the leading global blockchain ecosystem, announced the launch of ‘Megadrop’ today. Transparent incentives are offered to qualified participants on this groundbreaking…
Tether Launches USDT and XAUT on The Open Network (TON) on Telegram App.
The launch of USDT and XAUT on TON expands Tether’s presence across the crypto sphere. Leading stablecoin issuing company Tether announced the launch of its products, USDT and XAUT, on…
Bitcoin Transaction Fees Overtake Ethereum as Halving Anticipation Grows.
Post-halving, transaction fees will be pivotal for sustaining Bitcoin miners amid reduced block rewards. For the past four days, fees paid by users on Bitcoin have exceeded those on Ethereum,…
Binance Set for Indian Comeback with $2 Million Penalty.
Binance is reportedly planning to operate as a registered entity in India, compliant with domestic AML and tax rules. Binance, once banned by the Indian government, is set to make…
JPMorgan CEO Jamie Dimon Continues Criticism of Bitcoin.
Dimon reiterated his belief that Bitcoin is a Ponzi scheme rather than a real currency.The CEO drew a parallel between investing in Bitcoin and smoking cigarettes earlier. Jamie Dimon, CEO…