Auto Added by WPeMatico

Van Eck Analysts Foresee $1 Trillion Market Cap for Ethereum’s Layer Twos by 2030

Van Eck analysts predict that Ethereum’s Layer two (L2) scaling solutions will reach a $1 trillion market cap within six years, fueled by the need to overcome Ethereum’s limitations in…

Continue ReadingVan Eck Analysts Foresee $1 Trillion Market Cap for Ethereum’s Layer Twos by 2030

Binance: Detained Executive Lacks Decision-Making Authority, Must Be Released

Tigran Gambaryan, the Binance employee detained by Nigerian authorities, is a stringent law enforcement professional with no decision-making authority, according to the crypto exchange. Through his Financial Crime Compliance (FCC)…

Continue ReadingBinance: Detained Executive Lacks Decision-Making Authority, Must Be Released

Coingecko Report: Meme Coins Eclipse AI and RWA Tokens With Stellar Q1 Performance

In the first quarter of 2024, meme coins significantly outshone all other cryptocurrency narratives by delivering an astonishing average return of 1312% across its leading tokens, as observed in a…

Continue ReadingCoingecko Report: Meme Coins Eclipse AI and RWA Tokens With Stellar Q1 Performance

Chinese Government Launches ‘Ultra-Large Scale Blockchain Infrastructure Platform’

The Chinese government is reportedly launching an “ultra-large-scale blockchain infrastructure platform for the Belt and Road Initiative.” The platform will support the implementation of cross-border cooperation projects along the Belt…

Continue ReadingChinese Government Launches ‘Ultra-Large Scale Blockchain Infrastructure Platform’

Bitcoin Cash Undergoes Halving Event, Sets Stage for May Upgrade

The Bitcoin Cash network has witnessed its halving event at block height 840,000, leading to a reduction in the miner reward to 3.125 coins per block from the previous 6.25…

Continue ReadingBitcoin Cash Undergoes Halving Event, Sets Stage for May Upgrade

ETF Analyst Comments on ARKB Outflows: A Reality Check for Crypto’s Hodler Class

In a modest yet positive development, U.S. spot bitcoin exchange-traded funds (ETFs) saw a net inflow of $39.5 million, even as the ETF ARKB experienced a substantial outflow of $87.5…

Continue ReadingETF Analyst Comments on ARKB Outflows: A Reality Check for Crypto’s Hodler Class

W Token’s Rollercoaster Day: From $1.25 Low to $1.66 All-Time High

Following Ethena’s ENA airdrop, the community has shifted its focus on Wormhole’s airdrop W, which has been listed on various centralized exchange platforms and coin market cap aggregators. The new…

Continue ReadingW Token’s Rollercoaster Day: From $1.25 Low to $1.66 All-Time High

Double or Nothing: Proshares Unveils BITU and SBIT ETFs for Bullish and Bearish Bitcoin Bets

On Tuesday, Proshares introduced two new offerings: the Ultra Bitcoin exchange-traded fund, sporting the ticker BITU, and the Ultrashort Bitcoin exchange-traded fund (ETF), known as SBIT. While BITU is designed…

Continue ReadingDouble or Nothing: Proshares Unveils BITU and SBIT ETFs for Bullish and Bearish Bitcoin Bets

Ethena’s ENA Token Soars 80% Since Launch, Now a Top 100 Crypto Asset Amid Defi Buzz

Since its launch on April 2, the Ethena governance token ENA has experienced an 80% climb in value against the U.S. dollar, ascending from an all-time low of $0.532 per…

Continue ReadingEthena’s ENA Token Soars 80% Since Launch, Now a Top 100 Crypto Asset Amid Defi Buzz