According to the Q1 2024 financial report released by Avalanche, the blockchain platform has demonstrated significant growth across various metrics, indicating a robust performance in the first quarter of the year. In terms of revenue, Avalanche generated a total of $7.5 million in fees and revenue, marking a remarkable fourfold increase compared to the same […]
Pendle Token Sees 7% Decline Following All-Time High, On-Chain Activity Reflects Positive Sentiment
Pendle, the decentralized finance (DeFi) token, experienced a notable decline of over 7% today, following a surge to an all-time high of $7.5 yesterday. The token is currently trading at $6.69, reflecting a correction after the recent price rally. Despite the decline in price, on-chain activity indicates positive sentiment surrounding Pendle. Reports suggest that Pendle […]
Binance effect: TAO jumps 26% before pulling back, but why?
Binance’s listing of TAO has the potential to increase its number of holders, and also improve the token’s volume.
PEPE Preparing For A 54% Move? Analyst Thinks So
An analyst has explained how a PEPE daily close outside of a certain price range could lead its value to go on a rally of 54%. PEPE Symmetrical Triangle May Hint At The Next Move For The Memecoin In a new post on X, analyst Ali discussed the recent trend forming in the PEPE price. […]
Chinese Bitcoin miners are a Trojan Horse in US crypto infrastructure
China holds an alarming amount of power over Bitcoin miners in the United States. Congress should act to scale back the country’s influence.
DEGEN and DOG Surpass Dogecoin In Weekly Active Traders
Recent data from the market intelligence platform intotheblock reveals a significant development in the memecoin market: both DOG and DEGEN have surpassed Dogecoin in terms of weekly active traders. This shift in dynamics signals a potential change in the landscape of memecoins, with DOG and DEGEN emerging as formidable contenders. The criteria for identifying active […]
Bitwise reveals spot Bitcoin ETFs outperformed pre-release predictions by a significant margin
Spot Bitcoin exchange-traded funds (ETFs) surpassed several predictions about their assets as their collective assets under management (AUM) hit $59.1 billion within the first three months of the year, Bitwise revealed in a research report on April 11. JP Morgan and Bitcoin investment management firm NYDIG anticipated that spot Bitcoin ETFs could achieve an AUM […]
Mysten Labs Announces Suiplay0x1, a Web3 Enabled Gaming Handheld
Mysten Labs, the company behind the development of Sui, a proof-of-stake blockchain project, has announced it is working on developing Suiplay0x1, a Web3-enabled gaming handheld. The organization did not reveal hardware specs but did state that the device would be able to run several app stores at once thanks to Playtron’s Playtronos, a device-agnostic gaming […]
ASIC Takes Legal Action Against NGS Crypto Over Alleged Financial Services Breach
The Australian Securities and Investment Commission (ASIC) achieved a significant win against unauthorized crypto investment opportunities on April 10, 2024. In a move to safeguard consumers, the Federal Court froze around $41 million in digital assets held by a group of blockchain mining firms – NGS Crypto Pty Ltd, NGS Digital Pty Ltd, and NGS […]
Cardano (ADA) Bull Run Signals Historic Trend Shift, Analysts Say
In a recent analysis by Trend Rider, Cardano (ADA) enthusiasts received a bullish jolt as the cryptocurrency’s Relative Strength Index (RSI) experienced a second historic crossover. As such, this event echoes previous surges and excites the crypto community worldwide. Investors are remembering $0.05 to $3 astronomical rise while RSI crossed its Simple Moving Average twice […]