El Salvador is seeking a $1.4 billion loan from the International Monetary Fund (IMF) and in return, the body is requesting that the Central American nation review its Bitcoin (BTC) law. El Salvador Loan Demands and IMF Demand The loan negotiations has been ongoing for a while to help El Salvador urgently meet its fiscal […]

The criminal lawsuit filed by billionaire Andrew Forrest in the District Court of Western Australia against Meta Platforms Inc. has been dismissed. The lawsuit was based on accusations that Meta Platforms Inc. allowed advertisements featuring Forrest’s image in cryptocurrencies, leading to huge financial losses by consumers. Notwithstanding these allegations, the court ruled in favor of […]

According to blockchain intelligence firms Arkham Intelligence and Breadcrumbs, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC), has been transferring royalties to a wallet connected to FTX US, which is now bankrupt. For the last two months, Yuga Labs have been flowing more than $250,000 worth of assets to the wallet address 0xAAe7aC476b117bcCAfE2f05F582906be44bc8FF1 […]

Binance Coin Price: For over a month, the crypto market trend has been sideways following the lead of Bitcoin price resonating around $70000. This lateral move is viewed as pre-halving consolidation throwing the weak hands off the market to attract buyers with strong conviction. As a result, the majority of altcoins wavered in uncertainty including […]

As the anticipated Bitcoin halving draws closer, expected to take place on April 20. 2024, there is excitement with anticipation and speculation within the cryptocurrency market. This event takes place after every four years, with the aim of reducing the creation and supply of new coins in the market. Historically, halving has been associated with […]

Mixed signals continue to characterize the crypto market in April. The lack of a clearly defined direction has left investors confused not knowing which altcoins to buy and which to sell. For many investors this is an important period, considering Bitcoin halving, an event that occurs roughly every four years is expected in approximately a […]

Layer 1 blockchain, Berachain has raised $100 million in its recent funding round, 45% more than earlier reported. In an April 12 statement, the company announced the latest development which saw participants from venture capitalists firms.  According to the release, Berachain’s Series B funding round was led by Brevan Howard Digital and Framework Ventures. It […]

Elon Musk’s X has criticized the Brazilian government for not hearing the firm’s appeal on the cases the company had filed in the court. The court cases were previously filed when Elon Musk’s firm was alleged by Brazilian courts of interfering in their work. However, the company has always advocated for freedom of speech and […]

Amid the broader market correction, the Chainlink price witnessed a steady correction evidenced by the lower high formations in the daily chart. An analysis of the daily chart revealed this retracement as the development of the descending triangle pattern. The bearish pattern coiled with market uncertainty could lead to a prolonged downfall in the LINK […]

Bittensor price prediction: TAO, an open-source protocol that powers a decentralized network, witnessed a significant dip within the last day. Initially, the market surged, reaching an all-time high of $733 over the past day. Bittensor’s value soared past the $700 mark, showcasing a robust performance. This rally was short-lived, however, as a wave of market […]