As torrential rains drenched the streets of Dubai during Blockchain Week’s Token2049 event, the city found itself inundated not only with water but also with a flood of announcements, partnerships, and promises from the crypto community. In this week’s edition of the #hearsay column, we take you behind the scenes of Blockchain Week in Dubai, UAE. Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Every week, crypto.news brings you #hashtag hearsay, a gossip column of…
Day: April 20, 2024
XRP holders buy Kelexo as Bitcoin halving nears
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP holders haven’t had the rub of the pitch, so to speak. XRP, after all, has been trading sideways for much of April, even as the prospect of Bitcoin halving brings optimism about an impending bull market. Not surprisingly, XRP holders are searching for potential projects that could help fortify their portfolios. Kelexo is one of the projects that XRP holders are training their sights on ahead of the…
Runes Proliferate on Bitcoin, Sparking New Token Sales on Specific Markets
In the 12 hours following the introduction of the Runes protocol, bitcoin miners have collected substantial fees as the rush to mint runes now dominates block space. Presently, numerous runes exist on the Bitcoin blockchain, with several being offered on marketplaces such as Okx and Magic Eden. The Runes Economy Has Been Born Since their […] Original
Turbulence for Bitcoin as the Graph and new AI altcoin secure whales’ trust
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s (BTC) value declined sharply, dropping around 15% over the past week. This unanticipated fall has caused unrest among traders and investors, who were optimistic following a recent upswing. Now, analysts are contemplating when the market might stabilize and initiate recovery. Despite this downturn; Bitcoin has exhibited resilience,…
Grayscale Reveals 0.15% Fees For Its Bitcoin Mini Trust ETF
The filing also provides an illustrative example of the amount of Bitcoin (BTC) Grayscale will contribute to the mini fund: 63,204 bitcoin, or 10% of existing assets in GBTC, as per the filing. Shares of the BTC trust are to be issued and distributed automatically to holders of GBTC shares. (Pro forma financial statements are projections of future expenses and revenues, based on a company’s past experience and future plans.) Original
BNB Resilience: Holding Firm At $560 – What’s Next?
The price of BNB hasn’t fallen below its previous low, and it’s showing some strong signs of heading up. After a spell of moving downward, the Binance Smart Chain’s native token is aiming for an upward bounce back towards its earlier high. Technical Indicators Point Toward Sustained Uptrend For BNB To figure out where the BNB price might be headed next, several indicators can be used to examine the chart: 4-Hour MACD: A technical look at the MACD indicator from the 4-hour timeframe, the MACD histograms are trending above the…
Duko, PepeFork, Byte, DingoCoin make substantial gains
Hours after the highly anticipated Bitcoin halving event, the crypto market’s overall value has decreased by at least 1.32%. However, several meme coins, including Duko (DUKO), PepeFork (PORK) and Byte (BYTE) made substantial gains. Duko According to crypto data aggregator CoinMarketCap, DUKO jumped more than 76% in the last 24 hours and was trading at $0.002852 at the time of this writing. The uptick was accompanied by a trading volume of $6,285,822, ranking it as the #448 most traded tokens in the crypto market. DUKO 24 hr price chart |…
Bitcoin Miners Smash Previous Revenue Records Post-Halving; Over $54M Collected in 60 Blocks
Since the halving, 63 blocks have been mined, and bitcoin miners have accumulated substantial fees following a dramatic increase in the fee rate. This surge took the cost per transaction from $18 to over $245, recorded at 9:00 p.m. EDT on Friday evening. Since then fees have dropped and by Saturday morning at 7:30 a.m. […] Original
Dogecoin price rebounds as Dogeverse ICO nears $7.5M
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto market has recovered after a brief pullback today, and Dogecoin has enjoyed an explosive rebound, up 6%. Meanwhile, the new Dogecoin-inspired meme coin Dogeverse surged past $7.5 million in its presale, hinting that this could be the next crypto to explode. DOGE bounces as traders take long-term bullish stance Dogecoin’s recent bounce outpaces the market average. Today, the total crypto market cap is up by 4.6%, while…
What does crypto’s growth mean for the future of DAOs?
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. I recently wrote about crypto stabilizing partially thanks to regulatory clarity alongside the growing and valuable role of traditional finance (tradfi) players. But as the industry has been inundated with discourse surrounding Bitcoin ETFs, the role of institutions, AI’s blockchain aspirations, and heightening, yet still unclear, regulatory activity, DAOs have been pushed out of the limelight. Even before the previous bull run, DAOs became a popular avenue…