Bitcoin’s novel Runes protocol, launched in conjunction with Bitcoin recent halving on April 19, has witnessed a significant slowdown after its initial surge. The protocol’s debut catalyzed record transaction fees for Bitcoin miners as investors eagerly participated, generating over $135 million in fees in the first week alone. Despite this robust start, recent data points […]

Charles Hoskinson, the founder of the cryptocurrency platform Cardano (ADA), has expressed concerns over the impact of President Joe Biden’s policies on the cryptocurrency industry. Hoskinson criticizes the current administration for taking measures that he perceives as harmful to the sector. This stance comes amid the backdrop of a growing number of Americans, approximately 20%, […]

Crypto assets are trading in the red zone for the second consecutive day with some coins posting double-digit losses. At press time, the market capitalization is down 0.5% in the last 24 hours with a massive 41% decline in trading volumes.  The fall in market prices is linked to macroeconomic factors, the Securities and Exchange […]

The volatility recorded in the broader crypto ecosystem impacted memecoins remarkably with the spotlight on Dogecoin (DOGE) and Shiba Inu (SHIB). With the bearish outlook, Shiba Inu slumped by 10.65% in the trailing 7-day period, dropping as low as $0.000022 in that time. Dogecoin was not spared either as bears dragged it down by over […]

Cardano (ADA) is in a vantage position to upturn its bearish trend as some of its core on-chain metrics are in the green. Per data from the crypto analytics platform IntoTheBlock (ITB), Cardano’s large transactions and daily active addresses have recorded upticks. Cardano Bullish Metrics Highlight Per the IntoTheBlock data, Cardano whale transactions jumped by […]

Legendary trader Raoul Pal took to X to explain the factors he believes are the most important chart in the macro market that crypto traders also need to take note of. Debt And Devaluation Encourages Crypto Use Pal identified some shortcomings on a macro scale of the United States market, citing that the aging population […]

Cardano’s Charles Hoskinson has criticized the World Economic Forum’s Contributor over his remarks on Bitcoin (BTC) and crypto assets. In a May 11 post on X (formerly Twitter), Hoskinson fired hot at Yuval Noah Harari. The Cardano founder termed the analysis “Duning-Kruger on steroids” garnering support from the wider crypto community on social media spaces. […]

In a thrilling plot twist, Grayscale Investments, one of the world’s largest crypto asset management companies, has recently taken to X, drawing parallels between the burgeoning growth of crypto and the Canadian equity market. In its statement shared today, May 11, the crypto asset management firm also put crypto and USD-denominated EM (Emerging markets) bonds […]

Artificial Intelligence (AI) technology continues to expand its utility across several segments including blockchain. AI is used in blockchain to enhance security, optimize smart contracts, improve mining efficiency, automate trading, detect fraud, manage data, personalize user experiences, and ensure regulatory compliance, among other things. The market participants aiming to capitalize on these emerging technologies can […]

The blockchain community Linea, backed by Consensys, has encountered a significant challenge in its operations. Linea identified Sybil’s activity, which managed to avoid its verification systems, and temporarily stopped the distribution of its non-transferable token, LXP. This step, consequently, aligns with Linea’s vision of having a human-centric and genuine ecosystem. Sybil Activity Disrupts LXP Mint […]