Bitlayer has announced the integration of the BitVM Bridge with Xverse Wallet, a bitcoin wallet that supports customizable Bitcoin testnet configurations. This collaboration allows users to access the trust-minimized BitVM Bridge seamlessly through the Xverse Wallet, enhancing the adoption of BitVM technology in the Bitcoin decentralized finance (DeFi) space. As a member of the BitVM […] Original
Bitcoin has shown signs of stabilization above the $86,000 mark after reclaiming the level earlier this week. This recovery marks a shift in short-term sentiment after several weeks of price turbulence. While the asset remains down approximately 20.2% from its all-time high set in January, the current rebound suggests a pause in downward pressure and a potential reassessment among market participants. Despite the recent uptick, traders and analysts remain cautious. Market behavior has been mixed, with on-chain metrics and trading activity offering differing signals. CryptoQuant contributor Nino recently provided a…
Risk assets such as bitcoin (BTC), xrp (XRP), solana (SOL) are back in focus as President Donald Trump warned of even more reciprocal tariffs if other countries collude to do “economic harm” to the U.S. “If the European Union works with Canada in order to do economic harm to the USA,” he wrote in a Truth Social post in early Asian hours Thursday, “large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries…
Opinion by: Marc Boiron, chief executive officer of Polygon Labs Decentralized finance (DeFi) needs a reality check. Protocols have chased growth through token emissions that promise eye-popping annual percentage yields (APYs) for years, only to watch liquidity evaporate when incentives dry up. The current state of DeFi is too driven by mercenary capital, which is creating artificial ecosystems doomed to collapse. The industry has been caught in a destructive cycle: Launch a governance token, distribute it generously to liquidity providers to boost total value locked (TVL), celebrate growth metrics, and…
Bitcoin exchanges supply has dropped to its lowest in 8 years, sparking hopes of a price recovery towards a new BTC all-time high. According to a Mar. 27 post on X by blockchain analytics firm Santiment, Bitcoin’s (BTC) supply on exchanges has dropped to 7.53%, its lowest level since 2018. This implies that more investors are moving their Bitcoin into self-custody, which lowers the amount available for immediate selling. Because it signifies less short-term sell pressure and rising confidence among holders, a declining exchange supply is frequently interpreted as a…
GameStop, the video game retail company, experienced a significant downturn in its stock (GME) price, sliding more than 8% in after-hours trading on Wednesday, following the announcement that the company plans to raise $1.3 billion to invest in Bitcoin (BTC) through the issuance of convertible senior notes. This move comes just a day after GameStop shares surged nearly 12% when the company revealed that its board had unanimously approved an update to its investment policy, designating Bitcoin as a treasury reserve asset. GameStop Planned Bitcoin Investment The planned investment in…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
The Blockchain Group snapped up 580 BTC for €47.3 million, boasting a 709.8% BTC Yield YTD as it cements its role as Europe’s Bitcoin treasury leader. French Blockchain Giant Doubles Down on Bitcoin, Unlocks 709.8% Yield The Blockchain Group, based in Puteaux, France, and listed on Euronext Growth Paris, announced March 26 that it acquired […] Original
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
OpenAI expects to more than triple its revenue this year to $12.7 billion, despite fast-growing competition from the likes of China’s DeepSeek and other competitors making rapid progress. The ChatGPT creators also expect its revenue target for 2025 to more than double to $29.4 billion by 2026, Bloomberg reported on March 26, citing a person familiar with the matter. The 2025 estimate is a little higher than the $11.6 billion revenue target that OpenAI was reportedly eyeing for 2025, The New York Times reported last September. Bloomberg noted that the…