Five On-Chain Metrics Suggest Crypto Bull Market May Just Be Starting
Despite the cryptocurrency markets exhibiting sideways movement over the past three months, a surge in bullish sentiment is evidenced by five significant on-chain indicators. These indicators hint that the bull…
ShibaSwap Advances with Comprehensive Upgrade on Shibarium Blockchain
ShibaSwap, the decentralized exchange synonymous with the Shiba Inu ecosystem, has launched a significant update, transitioning its operations to the Shibarium blockchain. This move is poised to revolutionize the platform…
$20 Million Hack Paralyzes Sonne Finance, Hacker Unresponsive to Negotiation Efforts
On the evening of May 14, Sonne Finance, a prominent lending protocol, experienced a severe security breach that resulted in the theft of $20 million in cryptocurrencies. The hack targeted…
Massive Influx of Over 1 Million New Crypto Tokens Since April Marks Industry Boom
The cryptocurrency landscape has experienced a significant boom in token creation, with more than one million new tokens introduced since the beginning of April across various platforms, predominantly on Ethereum…
Crypto Employment Flourishes in Early 2024, Yet Faces a Setback in April Amid Market and Regulatory Fluctuations
The cryptocurrency sector experienced a robust hiring trend in the first quarter of 2024, showcasing quarter-on-quarter growth with leading companies like Coinbase and Binance ramping up recruitment efforts. Despite this…
Significant Drop in Bitcoin Mining Difficulty Last Week Marks Largest Since Last Crypto Winter: Bernstein Report
In a notable shift within the cryptocurrency mining industry, Bitcoin (BTC) mining difficulty decreased by approximately 6% last week, marking the most significant decline since the crypto winter of December…
Analyst Warns of Potential ‘Panic Sell-Off’ If Bitcoin Falls Below $60K
As Bitcoin (BTC) hovers near the $60,000 mark, market analysts warn of a potential panic sell-off should it fall below this critical threshold. FxPro’s Alex Kuptsikevich suggests that a break…
Decade-Dormant Bitcoin Wallets Transfer $61M, Stirring Market Curiosity
Two previously dormant Bitcoin wallets, containing a total of 1,000 BTC valued at $61 million at today’s prices, have suddenly sprung into action after a ten-year sleep. This unexpected movement…
Activity Declines Notably on Bitcoin’s Runes Protocol
Since its launch, the Runes protocol has experienced a noticeable decrease in user engagement and transaction volume. This change has sparked discussions about the sustainability and long-term viability of the…
Analysts Predict Potential ‘Explosive Rally’ in Altcoin Market, Highlight Key Indicators
The altcoin market appears to be at a pivotal stage, often referred to as the “disbelief stage,” which precedes significant rallies according to historical patterns. This article delves into the…
Controversial drone company Xtend focuses on defense sector with new $40 million investment round
Nearly a decade ago, Aviv and Matteo Shapira embarked on a technological journey that would lead them from enhancing sports broadcasts to reshaping drone and robotics applications in public safety…
Spot ETH ETFs May Fall Short on Delivering Complete Returns to Investors
The cryptocurrency sector is abuzz with the recent successes of spot Bitcoin ETFs, turning the industry’s focus towards the potential for similar products based on Ethereum (ETH). However, the regulatory…
Runes Drive Transaction Fees Over 1,200 BTC, Offering Boost to Miners Post-Halving
In the wake of Bitcoin’s latest halving, the industry has witnessed significant shifts in the revenue dynamics for miners. A surprising twist has come from the implementation of Runes, a…
Cryptocurrency Expected to Reach One Billion Users by 2025, Says Analyst
The cryptocurrency industry stands on the brink of a major milestone, with predictions suggesting it could amass one billion users by the end of 2025. Bitcoin analyst Willy Woo recently…
Analysts Debate Bitcoin’s Next Peak: $70K vs. $210K Amid Conflicting Predictions
The Bitcoin market is currently at a crossroads, with different models and analysts predicting vastly different peaks for this cycle. Veteran trader Peter Brandt has introduced the concept of “exponential…
Single Miner Claims 3.125 BTC Reward in Rare Solo Mining Success
In a rare feat within the Bitcoin mining community, a single Bitcoin miner successfully solved a Bitcoin block by themselves, securing the entire block reward of 3.125 Bitcoin, approximately valued…
Ethereum’s Record Low Fees May Indicate Upcoming Altcoin Season, According to Santiment
Ethereum’s network fees have dipped to a six-month low, while the price of Ether has seen a modest increase over the recent weekend. This trend, highlighted by cryptocurrency analytics platform…
Pula secures $20M Series B to offer agricultural insurance in Africa, Asia, and Latin America
Founded in 2015, Pula is a Kenyan-based insurtech firm that has been pioneering efforts to increase access to agricultural insurance for smallholder farmers across emerging markets. Their approach has been…
Runes Transactions Account for Over Two-Thirds of Bitcoin Activity Since Its Debut
Following the recent halving event on April 20, the Bitcoin blockchain has witnessed the emergence of the Runes token standard, which has quickly accounted for a majority of the network’s…
Meta tests its innovative AI chatbot on WhatsApp, Instagram, and Messenger in India and Africa.
Meta, formerly Facebook, has embarked on a significant initiative to introduce its Meta AI chatbot to users in emerging markets such as India and Africa. This effort aligns with Meta’s…