Ordinals Developer will be launching Runes, a new standard for fungible tokens issued directly on Bitcoin right alongside the halving. The early hours of April 20 will see the launch of a token that was created by Ordinals founder Casey Rodarmor as a substitute for BRC-20, the first bitcoin fungible token system based on Ordinal […]

Per data provided by IntoTheBlock, bitcoin reserves held by miners have considerably decreased. These reserves are standing at their lowest level in the past 12 years as the market eagerly awaits the upcoming Bitcoin halving event. Currently, 1.92 million BTC are held by leading mining pools represented by Viabtc, Bitfury, and Antpool. In the same […]

Bitcoin mining stocks have regained momentum a few hours into the halving following weeks in the red zone. Technology stocks witnessed slow growth in the market due to tension in the Middle East as stocks and crypto assets continued their correlation. The Bitcoin halving will take place today and slash miner rewards by 50% from […]

Elon Musk, the CEO of X (formerly Twitter), has taken a stand against the possible U.S. TikTok ban, stressing that such a move would go against freedom of speech and expression. In his social media posts, Musk made his concerns known, highlighting the potential benefits of his platform and rejecting the ban on the basis […]

Solana (SOL), nicknamed the ETH killer and an institutional investor favorite asset is known for making a significant rebound in the crypto market. Like other cryptocurrencies, Solana recorded outflows last week due to geopolitical tensions as investors withdrew funds from risky assets.  Solana trades at $144, a 5.2% increase in the last 24 hours lowering […]

Affected investors of FTX Derivatives Exchange have moved to drop some of the claims levied against Sam Bankman-Fried, the former CEO of the trading platform, a move that has a condition attached to it.  Celebrities Implicated In the FTX Case This group of investors filed a settlement on Friday in a federal court in Miami, […]

The U.S. Internal Revenue Service (IRS) has unveiled an early draft of a new tax form designated for reporting cryptocurrency transactions. The draft form, 1099-DA, is the latest step of the IRS’s endeavors to consolidate the reporting measures with respect of digital assets as part of the federal tax code. The purpose of this initiative […]

The digital currency advocacy group Coin Center has strongly opposed the Lummis-Gillibrand Payment Stablecoin Act, saying it ‘would impermissibly infringe upon constitutional rights.’ The bipartisan bill, which has the support of Senators Kirsten Gillibrand and Cynthia Lummis, is meant to regulate the payment of stablecoins. The lobbying group Coin Center claims the bill’s prohibition on […]

Barely one month after talking about the introduction of the world’s first blockchain-based Artificial Intelligence (AI) represented on a smart contract, Internet Computer (ICP) has now hinted at a major evolution in the pursuit. Internet Computer Is Advancing AI Smart Contract Capabilities In an X post, ICP founder Dominic Williams highlighted a massive acceleration of […]

Shiba Inu Price: Shiba Inu, the second-largest meme cryptocurrency, projected a sluggish price action this week, following the lead of Bitcoin’s pre-halving consolidation. As shown in the below chart, the daily chart projected alternate green and red in short bodies reflects no clear dominance among bulls or bears. However, an analysis of the daily chart […]