Bitcoin Runes Protocol Loses Momentum After Promising Start
TL;DR The Bitcoin Runes protocol has seen a significant decline in activity and revenue generation after a promising start. Runes improved transaction speed and costs over Ordinals, but…
Cryptocurrency
News about Cryptocurrencies
In this section you will find the latest news about all the most important cryptocurrencies, including Bitcoin and the rest of altcoins.
Cryptocurrencies are digital money created using blockchain technology. Each of these digital currencies has its own market price and its price fluctuates according to supply and demand.
Cryptocurrencies are not regulated by any government or financial institution, as they aim at decentralization. This means that the community itself regulates the market, without the intervention of other public or private organizations.
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Grayscale Withdraws Ethereum ETF Application
TL;DR Grayscale withdrew its application for an Ethereum futures ETF, causing confusion among investors. The withdrawal could be strategic to protect Grayscale’s application for…
EMURGO and GSR join forces to strengthen Cardano ecosystem
TL;DR EMURGO joins GSR to strengthen the Cardano ecosystem. The partnership seeks to improve liquidity, identify investment opportunities and promote interoperability in ADA projects.…
Visa and Allium Labs Uncover the Truth Behind Stablecoin Transactions
TL;DR Bot Activity Dominates Stablecoin Transactions: A study by Visa and Allium Labs found that 90% of stablecoin transactions are initiated by bots and…
Cardano (ADA) at Risk of Falling to $0.40: Indicators Reveal New Corrective Phase
TL;dR Indicators suggest a possible new corrective phase for Cardano (ADA), with the risk of falling to $0.40. Liquidation signals and open interest support…
Bitcoin Whales: Accumulation Following Post-Halving Dip
TL;DR Large Bitcoin investors, known as whales, are piling into the cryptocurrency after a post-halving drop, signaling bullish sentiment. Despite the market volatility, the…
Bitcoin Losing Dominance: Is It Altcoins’ Time?
TL;DR Decline in Bitcoin dominance: Possible opportunity for altcoins. Reduction in demand for Bitcoin: Slowdown in the growth of long-term holdings and increase in…
Massive Purchase of 1.75 Trillion SHIB Tokens on Robinhood
TL;DR Mass purchase of 1.75 billion SHIB tokens on Robinhood by an anonymous whale. Bullish breakout potential of SHIB price according to market analysis.…
Bitcoin Plummets While Miners Continue to Hold Ground
TL;DR Despite the decline in Bitcoin miners’ revenues, there are no signs of capitulation, according to CryptoQuant’s Ki Young Ji. The mining industry faces…
Ethereum and altcoins could face correction according to Benjamin Cowen’s analysis
TL;DR Analyst predicts a major correction in Ethereum and altcoins. A possible capitulation of the market is expected after a last bullish push. It…
Circle’s USDC Surpasses Tether’s USDT: A Shift in Stablecoin Preference
TL;DR Circle’s USDC Surpasses USDT: In April 2024, Circle’s USDC saw 166.6 million transactions, surpassing Tether’s USDT’s 163.6 million transactions. Over the past week,…