[PRESS RELEASE – Vancouver, Canada, April 3rd, 2024] JYDS, the pioneering decentralized ecosystem built on the Solana blockchain, proudly introduces its latest innovation: JYDS Bank. As a transformative feature within the JYDS ecosystem, JYDS Bank is poised to revolutionize banking for the community of JunkYard Dogs Sol (JYDS), offering a suite of cutting-edge financial services...Read More
[PRESS RELEASE – BA, Argentina, April 3rd, 2024] C3.io, the hybrid self-custodial cross-chain exchange, has launched on Solana. In celebration of this milestone, C3.io is offering an enticing reward to its users: 1,000,000 $PYTH tokens. c3.io is a next-generation self-custodial exchange, on a mission to transform the cryptocurrency market structure by offering a secure, transparent,...Read More
In Asia, investors face turbulent times as automated trading bots react to data streaming from spot Bitcoin exchange-traded funds (ETFs). A report from Bloomberg indicates that these automated trading bots are potentially causing significant market volatility. Bitcoin Volatility in Asian Trading Market Shiliang Tang, president of Arbelos Markets, acknowledged the role played by these automated...Read More
Bitwise CIO Matt Hougan explained what makes Bitcoin valuable on Wednesday after a recently interviewed Goldman Sachs executive struggled to find the answer. Sharmin Mossavar-Rahmani – chief investment officer of the bank’s Wealth Management unit – said she still isn’t a “believer in crypto” even after the launch of Bitcoin spot ETFs in January. Why...Read More
In the midst of Bitcoin’s recent downturn, Ethereum (ETH) and Shiba Inu (SHIB) have experienced setbacks, reflecting the broader market trend. However, amidst this turbulence, Furrever Token (FURR) has emerged as a beacon of success, showcasing remarkable resilience and investor confidence. With its presale rapidly approaching the end of its fifth stage, FURR has managed...Read More
Digital asset investment products experienced a positive shift in sentiment during the last week of March, with inflows reaching $862 million, nearly recovering from the previous week’s record outflows of $931 million. Despite this encouraging rebound, CoinShares revealed that ETF activity appears to be slowing down. In fact, the latest data shows that the daily...Read More
On April 3, 2024, ZachXBT revealed that Kyle raised alarm bells in his Discord server, claiming his wallets had fallen victim to a hack. The prominent blockchain investigator’s findings instead strongly suggested a deliberate transfer of funds rather than an external hack. Kyle Accused of Faking Hack While investigating an alleged hack involving a “social...Read More
Coinbase, the largest crypto exchange in the United States, has selected the company that will spearhead the implementation of Bitcoin’s lightning network at the exchange. That partner is Lightspark – a lightning infrastructure provider led by PayPal co-founder David Marcus. Lightning Is Coming To Coinbase Per an announcement from Lightspark on Wednesday, their technology will...Read More
[PRESS RELEASE – Please Read Disclaimer] CONF3RENCE 2024 and BLOCKCHANCE are thrilled to announce their union, marking the inception of a flagship Web3 event in the Ruhr area, Europe’s economic powerhouse. BLOCKCHANCE has already demonstrated the possibilities of the German Web3 ecosystem. Together, aiming to build a bridge between traditional economy and Web3, this union...Read More
Robert Kiyosaki, known for his advocacy of Bitcoin (BTC), gold, and silver, has revealed that he would acquire more BTC if the crypto asset’s value ever drops to $200, as American financial writer Harry Dent predicted. In a Tuesday tweet, Kiyosaki, the author of several financial books, including Rich Dad Poor Dad, said he hopes...Read More
[PRESS RELEASE – George Town, Cayman Islands, April 3rd, 2024] The VGX Foundation, a Cayman Islands Foundation, has partnered with Genopets to integrate the VGX token as a reward in their popular move-to-earn NFT mobile game on Solana. The partnership introduces VGX as a reward token in the Genopets game, creating utility and rewards for...Read More
[PRESS RELEASE – Venice, Florida, April 3rd, 2024] Byte Federal, a leading company in the global financial technologies space, is proud to announce the official launch of its point of sale (POS) system, ByteConnect. This product launch marks a significant expansion of Byte Federal’s “fintech focused” services, showcasing a commitment to building a full suite...Read More
Crypto exchange KuCoin has seen its market share of daily trading volume decline by half in recent weeks, according to Kaiko, a blockchain research and analytics firm. The decrease comes days after the U.S. Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) charged the company. KuCoin Daily Trading Volume Plunges Following the announcement...Read More
Cathie Wood’s ARK 21Shares Bitcoin exchange-traded fund (ETF) recorded net outflows exceeding $87 million on Tuesday, marking the highest outflow since its inception, as per data from Farside Investors. The outflows exceeded the amount seen from Grayscale’s GBTC, which recorded $81.9 million in outflows on the same day. Ark Invest Sees Second Day of Outflows...Read More
Following a tumultuous start to April, the crypto market found itself in a sea of red. As an outlier to this trend, Litecoin stood out among the top 100 assets as it shows bullish movement, owing partly to its classification as a commodity by the Commodity Futures Trading Commission (CFTC). Litecoin – formerly part of...Read More
On April 2, industry analytics provider Glassnode reported that long-term holders have started distributing BTC and selling to new investors at higher prices. “This represents an injection of new capital into the asset class, driving the realized cap up to new heights,” it added. Realized cap is a measure of cumulative USD liquidity ‘stored’ in...Read More
Popular trader IcedKnife told his 300K followers on X that DOGE seemed like the most obvious buy-and-hold play of the meme coin market. He then suggested the asset could reach new heights this cycle, with $1 being a “very likely” price target for DOGE. $DOGE seems like the most obvious brain dead spot buy and...Read More
CrowdSwap has launched the first decentralized crypto exchange-traded fund (ETF) ever, consisting of ten digital assets, including Bitcoin (BTC) and Ether (ETH). According to a press release, the new crypto fund, the Bull Run dETF, offers investors access to a diversified digital asset portfolio while ensuring the processes remain decentralized and secure. The First DeFi...Read More
Ethereum co-founder Vitalik Buterin has re-upped his post from 1.5 years ago on “Layer 3s”, saying that L3s won’t magically increase throughput. Still, they can reduce certain fixed costs associated with batch publishing and deposits or withdrawals. His statement comes amid concerns that Layer 3 networks are taking away from Ethereum’s value and security. L3...Read More
The United States government may be selling more of its massive Bitcoin (BTC) stash, potentially piling more sell pressure onto the crypto market, according to blockchain data. On-chain sleuth ZachXBT noted on Tuesday that government controlled Bitcoin tied to Silk Road initiated a small transaction to Coinbase – the crypto exchange previously used by the...Read More
On April 1, Juicebox’s content manager appeared to have announced that the Ethereum-based crowdfunding platform had secured a fake $69 million funding round supported by the crypto venture capital company Paradigm. However, it was later revealed to be an April Fools’ Day prank, causing JBX speculators to incur losses exceeding 20%. JuiceBox’s April Fools’ Day...Read More
The Bitcoin mining industry had its most lucrative month ever in March, pocketing over $2 billion for securing the leading crypto network. Data from Blockchain.com shows that miners, in aggregate, averaged $65.23 million per day over the 30 days ending March 31. Miners In Massive Profit The latest figure shatters the 30-day averages of the...Read More
Brevard, NC, April 2nd, 2024, Chainwire In a significant move within the decentralized finance (DeFi) real estate landscape, YakDAO is set to revolutionize the ecosystem with the launch of its native token, $YAKS, on the Arbitrum network, available for trading on Uniswap starting April 2, 2024. This launch is not just a testament to YakDAO’s...Read More
[PRESS RELEASE – Singapore, Singapore, April 2nd, 2024] Web3 gaming platform Gomble Games, a spinoff of the renowned game studio ‘111%’, has now secured a total of $10 million in cumulative investment. Recent rounds saw Gomble receiving investments from Spartan, Hashed, IOSG Ventures, Foresight Ventures, BigBrain Holdings, and others. This follows on from the initial...Read More
The digital asset markets expanded substantially over the first quarter of 2024, catalyzed by an end to the decade-long effort to introduce spot Bitcoin ETFs in the US. While Q1 was a turning point in many ways, Q2 kicked off on a turbulent note. Bitcoin’s plunge below $65K and the substantial decline in altcoins’ market...Read More
Amidst a market-wide correction, Coinbase experienced its second-largest Bitcoin outflow this week, with two massive withdrawals of 16,800 BTC and 17,000 BTC, respectively. Typically, when assets depart from centralized crypto exchanges like Coinbase, it indicates a bullish sentiment as it restricts the immediate selling pressure on those coins. Inflows to crypto exchanges, on the other...Read More
In an interview with ABC News, former FTX CEO Sam Bankman-Fried expressed remorse for his actions, which led to a 25-year prison sentence for fraud. The interview, conducted via email from the Metropolitan Detention Center in Brooklyn, marks the first time he has spoken publicly since his sentencing last week. SBF Admits ‘Bad Decisions’ Led...Read More
[PRESS RELEASE – New York, United States, April 2nd, 2024] NAVI Protocol has announced the creation of the NAVI X Ecosystem Fund, committing 10M NAVX tokens to support the growth and innovation of the Sui blockchain’s DeFi and Move-based ecosystem. This initiative aims to provide vital resources for projects at different stages of development, with...Read More
Bitcoin’s second quarter started on a turbulent note, with the options market once again serving as a harbinger of sharp movements, notably in the downside skew of risk reversals. Bitcoin briefly plummeted to $65,500 from the lofty height of $70k. During the same period, Ethereum saw its value dip to lows of $3,320. Q2 Begins...Read More
Shiba Inu (SHIB), one of the industry’s most popular meme coins and crypto ecosystems, trailed behind other popular tokens like Dogecoin (DOGE) last week, with a price decline of 8% on the weekly scale. However, SHIB might be poised for further growth, according to popular analyst Captain Faibik (CryptoFaibik on X). The analyst, citing data...Read More
