Bitcoin Minetrix recently announced a significant 400,000,000 token burn, amounting to 10% of the total token supply. This move is expected to provide support for the token price and potentially drive it higher. There is speculation that this burn will be followed by a buyback campaign, further increasing investor confidence in the project. Despite an
In a recent announcement on April 30, Ripple disclosed a new partnership with HashKey Group, signaling a deeper collaboration with the financial services giant SBI Group. This joint venture with HashKey DX, a specialized consulting company based in Tokyo, aims to bring XRP Ledger (XRPL) enterprise solutions to the Japanese market. One of the main
Recently, the Bitcoin testnet experienced a griefing attack that led to a surge in network activity, resulting in the generation of an unprecedented number of blocks. The attack, carried out by Jameson Lopp, co-founder and Chief Security Officer of Casa, caused over 165,000 blocks to be generated in just one week, which is equivalent to
House Financial Services Committee Chairman Patrick McHenry recently accused SEC Chair Gary Gensler of misleading Congress regarding the classification of Ethereum during his testimony in April 2023. This accusation has brought to light escalating tensions over the regulatory approach to digital assets in recent months. Some industry participants have even gone as far as filing
Crypto analyst Benjamin Cowen has made predictions about when Ethereum, the second-largest cryptocurrency, will hit bottom against Bitcoin. His forecast is based on comparing the current market dynamics to those seen in 2019. Cowen points out that the recent bounce in the ETH/BTC ratio resembles the market behavior in 2019, specifically before the Federal Reserve
Cryptocurrency analyst Ali Martinez recently highlighted the significance of the $59,800 price level for Bitcoin’s future trajectory. According to Martinez, this price level is crucial as it historically serves as a bounce-off point during uptrends. If Bitcoin were to drop to $59,800, it could spark a massive pump in the flagship cryptocurrency. However, Martinez also
Cryptocurrency analyst and trader Lark Davis has highlighted several significant developments in the Bitcoin ecosystem that could potentially lead to a more intense bull cycle than previously expected. These changes include factors such as institutional and global acceptance, which have the potential to drive the current bull market further. One key aspect that Davis pointed
In a bold move towards embracing Web3 technology, Mastercard has introduced the limited-edition Mastercard Music Pass NFT. This innovative pass serves as a key component of the second season of the Artist Accelerator program, designed to provide aspiring musicians with the latest tools and technologies to enhance their music creation, promotion, and monetization skills. Through
In the rapidly evolving world of meme coins, cat-themed tokens have been gaining immense popularity. One such token, Nezuko Cat (NEZUKO), has recently experienced an astonishing 8,000% surge overnight, sparking interest and frenzy among retail investors. The success of NEZUKO can be attributed to its unique tokenomics, which includes ongoing token buy-backs for holders, setting
The native token for Ethereum Layer 2 scaling solution Optimism (OP) has seen a 4% decrease in the last 24 hours, reflecting a wider market pullback that has particularly impacted Layer 2 tokens. The current trading price for Optimism sits at $2.39, marking a 1% decline in the past hour. Over the last 24 hours,