Day: April 23, 2024

XRP Wallets Holding At Least 1 Million Coins Nears All-Time High As Sentiment Improves

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With the crypto market on the rise once again, XRP has seen positive headwinds and this has triggered an improvement in sentiment among investors. This positive recovery has seen more crypto investors move to acquire the altcoin, pushing a very important holder cohort toward new all-time high levels. Wallets Holding More Than 1 Million XRP Nears ATH Over the last year, there has been a lot of selling among XRP investors as the price continued to struggle. This poor performance continued despite Ripple securing multiple partial victories against the United…

Zircuit Staking Soars Past $2B TVL In Only 2 Months – Blockchain News, Opinion, TV and Jobs

George Town, Grand Cayman, April 23rd, 2024, Chainwire Zircuit, a ZK rollup with parallelized circuits and AI-enabled security, today announced that its staking program has soared past $2B in TVL in only 2 months.  As Zircuit forges ahead towards mainnet, the ZK rollup’s staking program is rapidly gaining momentum, attracting over $2B TVL in a short 2 months. Zircuit Staking allows users to earn Zircuit Points by depositing assets that can then be migrated to Zircuit’s mainnet upon launch. Users can deposit ETH, liquid staking tokens (LSTs), liquid restaking tokens…

Hackers leak El Salvador’s Chivo Bitcoin wallet code

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El Salvador’s state-controlled Bitcoin wallet is embroiled in a second data breach incident after hackers published another batch of sensitive information. On April 23, anonymous bad actors called CiberInteligenciaSV leaked some of Chivo’s source code and VPN credentials for state-operated Bitcoin (BTC) ATMs in El Salvador. The information was released on BreachForums, a platform for criminals and malicious hackers.  “This time I bring you the code that is inside the Bitcoin Chivo Wallet ATMs in El Salvador. Remember that it is a government wallet, and as you know, we do…

DAI Hit Record $240B in On-chain Transaction Volume Last Week

CoinspeakerDAI Hit Record $240B in On-chain Transaction Volume Last Week Stablecoins recorded significant traction last week as losses and volatility compounded in the crypto market. But MakerDAO’s DAI stablecoin benefited the most during last week’s bloodbath. According to data from the on-chain intelligent platform IntoTheBlock, DAI hit a record $240B in on-chain transaction volume. This record weekly high eclipsed the rest of the stablecoins combined. $DAI saw $240B in on-chain transaction volume last week. Not only is this a new weekly high for $DAI, it’s also more than all other…

Blackrock Bitcoin ETF Sees 70 Straight Days of Inflows — Holdings Near 274K BTC

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The world’s largest asset manager with $10.5 trillion in assets under management, Blackrock, has seen 70 consecutive days of inflows into its spot bitcoin exchange-traded fund (ETF). This achievement places Ishares Bitcoin Trust (IBIT), which has amassed approximately 274K bitcoins since its launch, among the top 10 ETFs with the longest daily inflow streaks. IBIT: […] Original

Is a Price Explosion Coming Or Just Deja Vu?

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Cardano (ADA), the tenth largest cryptocurrency by market capitalization, has been a rollercoaster ride for investors in recent months. After a steep price decline in March, ADA has seen a minor uptick, leaving analysts divided on its future trajectory. Could a repeat of a historical price pattern propel ADA to new heights in 2024, or are there warning signs lurking beneath the surface? Cardano Mimics 2020: Bullish Echo Or False Hope? Hopeful investors are clinging to a familiar chart pattern. According to popular crypto analyst Milkybull, ADA’s price movement appears…

Ether ETFs Are Unlikely to Be Approved in May: Standard Chartered

Still, the bank says that the bad news is already priced in for bitcoin and ether, and “positive structural drivers” are expected to take over again. The company reiterated its end-of-year bitcoin price target of $150,000 and its ether forecast of $8,000. Bitcoin was trading around $66,800 and ether was near $3,237 at publication time. Market positioning is now much cleaner than before, as $261 million of leveraged long positions were removed from the bitcoin futures market on April 13 in response to Iran’s attack on Israel, the report noted.…

Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper

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Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize low-carbon energy sources by offering financial incentives. Paypal Blockchain Research Team Advocates for Low-Carbon Mining With Financial Incentives The rise of the Bitcoin network has […] Original