Pantera Capital has announced a substantial investment into Open Network (TON), the blockchain network developed by Telegram. This investment is the largest in the firm’s history, signaling strong confidence in the future of blockchain technology. Dan Morehead, founder and managing partner of Pantera Capital, highlighted this strategic investment as a pivotal moment for the firm, […]

Institutional investments in Bitcoin (BTC) and Ethereum (ETH) have been soaring over the past few months! A recent Reuters report suggests that Peter Thiel-backed Founders Fund invested a hefty $200 million in these two cryptocurrencies in late summer 2023. Also, the fund has reportedly split its $200 million investment into equal amounts in BTC and […]

In the last 24 hours, the Akash Network (AKT) token has registered an impressive price rally recording a 20% surge and breaking past the crucial resistance of $5.0. As of press time, the Akash Network (AKT) price is trading at $5.66 with a market cap of $1.336 trillion with its daily trading volume skyrocketing 350% […]

Bitcoin halving is an event where miner rewards are split in half, and they receive half the number of bitcoins for verifying transactions.  Halving takes place after every 210,000 blocks or every four years until bitcoins’ total supply of 21 million is reached. Halvings are important for investors because they reduce the rate at which […]

The crypto trading volumes on major crypto exchanges tumbled massively in April. The trading volumes fell for the first time in seven months after Bitcoin price plummeted from an all-time high of $73,800, reported Bloomberg on Friday. The situation continues in May as spot and derivatives trading volumes wane, causing Bitcoin and altcoins prices to […]

The U.S. Bureau of Labor Statistics announced the consumer price index (CPI) inflation data for January showing that inflation came in at 3.1%. The number was lower than the December inflation print of 3.4% but was still higher than overall market estimates of 2.9%. The data has also shifted expectations of a rate cut by […]

The Commodity Futures Trading Commission (CFTC) has just published a proposal that would limit the trading of event contracts that envision political results. After a three-and-a-half-hour meeting on a Friday, three commissioners voted in favor of the proposed rulemaking. The public will now be able to comment on these plans. CFTC Chair Rostin Behnam considered […]

The US CPI data came in hotter than expected on Tuesday, signaling that inflation might not be as controlled as the Fed might want it to be. The data also raised bets that the Fed’s rate cuts in March and May are most likely off the table. A delay in rate cuts could indicate a […]

While the global crypto market goes through turbulent waters, experiencing a 3.42% decrease in its overall market capitalization, investors are closely monitoring the performances of different cryptocurrencies. In the midst of the crash,some have managed to defy the odds and emerge as gainers, while others faced the harsh reality of losses. Let’s delve into the […]

In an exhilarating turn of events, a wallet linked to the Polygon Foundation recently transferred 9 million MATIC, the native cryptocurrency of Polygon, to Binance, one of the world’s leading cryptocurrency exchanges, garnering noteworthy attention globally. As per on-chain metrics spotlighted by the tracking platform Spot on Chain, the unknown wallet, 0x57f1ad8d…89a15de3b1, shifted MATIC worth […]