Bitcoin

Io.Net and Allora Collaborate to Boost and Secure AI Development

Bitcoin L2 Staking Platform, Social Network, Reveals Strategic Partners for Scaling Initiatives

The first-ever Bitcoin Layer-2 staking protocol, Social Network, has unveiled a list of technology partners and highlighted their respective contributions as it develops an eco-friendly staking protocol for the Proof-of-Work blockchain. Social Network has started an early testnet Bitcoin staking incentives program using its in-house wallet, Earth Wallet, in addition to

February 21, 2024 3 mins read

CoinMarketCap Announces Inaugural CMC Crypto Awards

The world’s most reliable source of cryptocurrency statistics, insights, and community, CoinMarketCap, has announced the first CMC Crypto Awards, which will take place online between February 21 and March 6. This yearly event will pay tribute to the outstanding individuals, products, and initiatives that have shaped Web3 and crypto, highlighting CoinMarketCap’s

February 21, 2024 1 min read

Crypto and AI Integration Boom: DeepFakeAI (FAKEAI) Skyrockets 1200% in a Week

The total market cap of cryptocurrencies skyrocketed to a staggering $2 trillion last week as Bitcoin climbed beyond $52,000, a level not seen since December 2021. Following Bitcoin’s lead, several altcoins have also seen their value rise recently. Recent times have witnessed a transformative era, where the fusion of artificial

February 21, 2024 2 mins read

Analyst Who Nailed Bitcoin’s $50,000 Prediction 6 Months Back Is Bullish on This New Token Priced Just $0.12

The insights of seasoned analysts can serve as valuable signposts for navigating the market. One such analyst, celebrated for their prescient forecast of Bitcoin’s monumental rise to $50,000 six months ago, has now set their sights on a new contender: Retik Finance. Priced at a modest $0.12, Retik Finance has

February 21, 2024 4 mins read

BlackRock's Bitcoin ETF Dominates with Substantial Corporate Investors

Pyth Network Introduces Real-Time Bitcoin ETF Price Feeds

The Pyth Network has introduced its Bitcoin ETF Price Feeds to provide DeFi developers and consumers with real-time, reliable pricing data for 13 Bitcoin exchange-traded funds. For the cryptocurrency sector, the introduction of Bitcoin ETFs this year marked a major turning point. The world’s biggest cryptocurrency is now accessible to mainstream

February 21, 2024 4 mins read

VanEck Surprises Crypto Community With Spot Bitcoin ETF Fee Reduction

VanEck’s Spot Bitcoin ETF Sees Massive Surge in Volume After Fee Reduction

A huge increase in trading volume occurred in VanEck’s fund less than seven days after the investment manager said it would be reducing the fee it charges for its spot bitcoin ETF. Eric Balchunas, a senior ETF analyst at Bloomberg, went to twitter to share his astonishment at the fund’s

February 21, 2024 1 min read

Mastercard Crypto Payment Resumes on Binance Post 10-month Halt

Mastercard Collaborates with Swoo Pay to Offer Crypto Loyalty Rewards

Mastercard, a payments behemoth, is collaborating with Swoo Pay, a mobile payments service that focuses on developing countries, to provide loyalty benefits in crypto. Major payment networks such as Visa and Mastercard have long allowed users to earn digital currencies as a kind of incentive, similar to loyalty points. Not

February 20, 2024 1 min read

Wyoming Grants Legal Status to DAOs with New Framework Enacted

Bitcoin Consolidates as Bulls Strongly Hold Price Over $52K Level

There has been a dramatic change in the Bitcoin liquidity scenario, especially on U.S cryptocurrency exchanges. The advent of exchange-traded funds (ETFs) in the U.S is largely responsible for the dramatic increase in liquidity shown in recent statistics. The liquidity dynamics of Bitcoin have changed significantly, with US-based crypto exchanges

February 20, 2024 2 mins read

What’s Causing the Prolonged Crash in Altcoin Market?

Altcoins’ Open Interest Surges Amid Bitcoin Futures Hit $23 Billion

In recent months, the cryptocurrency market has witnessed an unprecedented surge in both investment and speculation, with derivatives trading reaching remarkable highs. Bitcoin, the leading digital asset, has once again taken the spotlight as its futures open interest surpassed $10 billion for the first time since July 2022. This surge

February 20, 2024 2 mins read

Crypto Funds Weekly Inflows Reach $2.5B, Ether Tops Altcoin Investment

According to the most recent data from CoinShares, crypto funds managed by asset managers including BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares had record inflows of $2.45 billion worldwide last week. The new U.S. spot Bitcoin ETFs have been the most successful so far this year, bringing in $5.2 billion

February 20, 2024 1 min read