Sat, April 4

Ethereum Faces Challenges Amidst Crypto Market Turbulence: Can ETH Sustain $3,000?

Ethereum has been struggling as rising tensions in the Middle East and a broader market downturn have injected uncertainty into the crypto space. Despite these challenges, Ethereum continues to attract significant institutional interest, with a stablecoin market cap exceeding $80 billion and nearly $50 billion in total value locked (TVL)

April 16, 2024 2 mins read

Binance Coin (BNB) Faces Bearish Pressure, Eyes $600 Breakout

The recent market crash caused Binance coin (BNB) price to take a hit, losing ground above the crucial $600 level and breaking below a critical support trendline. This breakdown has shifted the dynamics in the Binance price chart to the bearish side, raising concerns about a potential correction. But these

April 16, 2024 1 min read

Saakuru Labs Raises $2.4M to Boost Saakuru Protocol Adoption

In an oversubscribed private investment round, Saakuru Labs successfully secured $2.4 million, marking a major step towards increasing its impact and capabilities. The purpose of this fund injection is to hasten the adoption of the Saakuru Protocol, which has gained a lot of momentum and development in the GameFi sector.

April 16, 2024 3 mins read

BAYC NFTs Floor Price Hits Lowest Point Since August 2021

At 11.1 Ether (ETH), the floor price of Bored Ape Yacht Club (BAYC) NFTs has dropped to its lowest position since August 2021, a precipitous decline of more than 90% from its high. NFT Price Floor reports that BAYC has fallen 50% since March 1 and is presently reaching a

April 16, 2024 1 min read

U.S Senators Demand Communication Logs Between CFTC Chair and Ex-FTX CEO

Two senators, Elizabeth Warren (D) and Chuck Grassley (R) have formally asked Rostin Behnam, chair of the Commodity Futures Trading Commission (CFTC), for information. Sam Bankman-Fried (SBF), the former chief executive officer of the collapsed crypto exchange FTX, is at the focus of the demand. FTX went bankrupt in November

April 16, 2024 2 mins read

Meta Unveils Enterprise-Level Metaverse Quest Services for Education Sector

The educational sector will soon get access to Meta’s enterprise-level Quest services, the social media behemoth said on April 15. When it comes to extended reality (XR) headsets, the Quest models from this business are “by far the most popular on the market,” as Statista puts it. Moreover, by the

April 16, 2024 2 mins read

Norway Passes Data Center Laws, Bitcoin Miners to Face Increased Scrutiny

Bitcoin (BTC) miners may be subject to more tracking after Norway approved new data center laws. All data centers in the nation will be required by the new law to formally register. This registration will include details on the data centers’ owners, managers, and the digital services they provide. Norway

April 16, 2024 2 mins read

Shiba Inu Heats Up Amidst Massive 650 Million SHIB Token Burn

Despite a period of relative quiet, the dedicated Shiba Inu (SHIB) community has sustained its token-burning campaign, with periodic contributions helping to bolster the deflationary trend. This ongoing effort involves sending SHIB tokens to a dead or burn wallet, permanently removing them from circulation. An anonymous wallet address initiated one

April 15, 2024 2 mins read

Ethereum Rebounds by 7%: What ETH Investors Be Aware of?

Ethereum (ETH) experienced a temporary dip below the $3,000 mark in escalating tensions in the Israel-Iran conflict. However, demonstrating remarkable resilience, the price of ETH has surged back, surpassing the $3,150 level at the time of reporting. This resurgence has been fueled by strategic moves from whales, who have been

April 15, 2024 2 mins read

Solana Co-founder Advocates ORE Fork for Network Stress Testing

To address the blockchain’s network issues, Anatoly Yakovenko, co-founder of Solana, has put forward a fresh open proposal to the community. In his most recent call, he pushed for the ORE protocol to be forked in order to conduct network stress tests. In response to an earlier X post by

April 15, 2024 2 mins read
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