“It is very difficult to know, from what has been publicly disclosed thus far, the nature of the government inquiry that has been sent to the Ethereum Foundation or whether the Foundation is the target of that investigation,” Preston Byrne, managing partner of Byrne & Storm, P.C., told CoinDesk in an email. Source
Unlike Axie Infinity, Pixels was not built by Sky Mavis for the Ronin network. It started life on Polygon and moved to Ronin last October, before the current bull run caught on. Back then Pixels had maybe 3,000 daily active users, said Zirlin. Now, it can see as many as 750,000. Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin Cash (BCH) is poised to reach $514.69 by April end, and Stellar (XLM) is anticipated to surge to $0.211 following Validation’s announcement. Rebel Satoshi’s RECQ gains traction with a potential 525% growth in the ICO. Bitcoin Cash: Experts predict a BCH pump soon A mysterious and substantial transfer of 235,300 BCH tokens, valued around $62.38 million at the time, occurred on February 26, moving from an undisclosed wallet…
Arbitrum (ARB), the Ethereum Layer 2 (L2) scaling solution, recently went through an unlocking event as part of its 2024 roadmap. However, the event raised concerns about how the token’s price would react amid the market slowdown. It’s been a week since Bitcoin’s price started to dip. Despite BTC’s recovery, the market still exhibits red numbers. Crypto analysts remain optimistic about ARB and the market’s bullish run. Are Arbitrum Whales Still Dumping On Exchanges? The event on March 16 unlocked 1.1 billion ARB tokens. These tokens were distributed among the team,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin rebounds amidst a crypto market dip, while Bonk faces bearish pressure and NuggetRush gains traction among traders. The crypto market hit a snag over the weekend—almost a bloodbath. Bitcoin (BTC), the flagship crypto, dipped below the $64,000 threshold, while Bonk (BONK), one of the leading Solana memecoins, plummeted amid profit-taking. However, following the rise in sentiment, Bitcoin is on price discovery, regaining momentum, with a Bonk bounceback on…
In its latest “Halving Handbook,” Coinbase Institutional draws striking comparisons between the upcoming Bitcoin halving and the market cycle from 2018-2022, offering insights into the potential impacts on the crypto economy. Coinbase’s Halving Handbook The next Bitcoin halving, set for mid-April 2024, is poised to slash miner rewards from 6.25 BTC to 3.125 BTC, a […] Original
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In recent forecasts, analysts tout Borroe Finance ($ROE) as a top contender for substantial gains, while Celestia (TIA) and SATS face challenges amid market fluctuations. In a recent forecast, analysts recommended Borroe Finance as one of the best cryptocurrencies to consider investing in, highlighting its potential to moon. Meanwhile, Celestia (TIA) and SATS (SATS) struggle amid the ongoing market reversal. Analysts say Borroe Finance could moon Several analysts have…
The 10 spot Bitcoin ETFs experienced their biggest three-day outflow since their debut in January, as reported by Bloomberg. This shift in investor sentiment comes after heightened interest that propelled the largest cryptocurrency in the market to a record high of $73,700. Bitcoin ETFs See Record Outflows Between Monday and Wednesday, a net total of $742 million exited the Bitcoin ETFs, reflecting outflows from the Grayscale Bitcoin Trust (GBTC) and a moderation in subscriptions for similar offerings from prominent firms like BlackRock (IBIT) and Fidelity Investments (FBTC). According to Bloomberg…
Cryptocurrency exchange OKX has informed its clients that it will no longer offer services in India. Customers are required to close their positions by the end of April, after which they can only withdraw their funds. The exchange cited regulatory considerations in the country as the reason for this decision. In a notice, OKX informed its Indian clients that they must close all margin positions, as well as positions in perpetual, futures, and options, and withdraw all funds by April 30. The notice stated that after this date, accounts will…
In anticipation of the fourth Bitcoin halving scheduled for mid-April, Coinbase Institutional has released a primer for investors. The Bitcoin halving, occurring every four years or upon mining every 210,000 blocks, will see miner rewards halve from 6.25 to 3.125 bitcoin per block upon reaching the 840,000 block. The document aims to guide institutional investors by examining the impact of previous halvings and incorporating the recent developments in the cryptocurrency market, such as the introduction of Bitcoin ETFs and Bitcoin’s ascent to unprecedented heights before the halving. Historically, Bitcoin has…