Top Layer 2 Networks by Developer Activity in April
In April, the cryptocurrency market experienced a downturn, but there was high developer activity in Layer 2 networks. Analysts at Santiment found that the Ethereum-based scaling protocol Optimism…
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Traders Anticipate Further BTC Price Growth
Users on social media platform X are expecting price increases for Bitcoin (BTC) and Ethereum (ETH) following the successful influx of funds into US spot BTC ETFs. Bitcoin’s…
Bitcoin Correction is Over
According to analysts, the downward trend in Bitcoin has likely come to an end. The growth of the M2 money supply could encourage investors to allocate funds into…
Breaking News
The Hong Kong-based company Yong Rong HK Asset Management Ltd has become the largest shareholder of the iShares Bitcoin ETF by BlackRock, according to Bloomberg. A Bloomberg Intelligence…
DogeChain Shutting Down: Withdraw Your Dogecoin (DOGE)
DogeChain, a popular platform for managing Dogecoin transactions, has announced its closure as of June 1, 2024. Users are advised to transfer their DOGE tokens to other wallets…
Bitcoin Price Returns to $63,000
On the night of May 4, Bitcoin’s price rebounded to $63,000 after a correction to $57,000. Ethereum rose to $3,100, and other top-10 digital assets by market capitalization…
“Analyst Van de Poppe Recommends Buying Altcoins Ahead of Bitcoin Halving”
Michaël van de Poppe highlighted five top coins on his platforms: Chainlink (LINK) – A “blue chip” in the crypto world. The growth potential of LINK is tied…
“US Economist Warns of Risks in Investing in Bitcoin ETFs”
American economist Peter Schiff believes that Bitcoin is losing value and has issued a warning to holders of exchange-traded funds (ETFs) dealing with Bitcoin. He argues that the…
Long-Term BTC Holders Take Profits
Researchers at IntoTheBlock have identified a pattern in the behavior of Bitcoin’s long-term holders. Long-term Bitcoin holders tend to sell their assets at the beginning of a bull…
“Andreessen Horowitz Invests $90 Million in Ethereum-Based Altcoin”
Andreessen Horowitz (a16z), a major venture capital firm from Silicon Valley, has invested approximately $90 million in Optimism (OP) tokens, which are based on Ethereum (ETH). Despite the…
Major Players Hold 15% of Bitcoin Supply
According to VanEck, institutional investors have purchased Bitcoin worth $175 billion, which accounts for over 15% of the total market supply. The company’s ETF fund manages $600 million…
Open interest in DOGE, SOL, and XRP drops
Investors are concerned about the 51% drop in open interest for popular cryptocurrencies, including Dogecoin, Solana, and Ripple, which could lead to price declines. The decline in interest…