The first ever BRC-20 token Ordinals (ORDI) has experienced a significant surge of +32% recently, breaking out of a period of consolidation. However, despite this impressive rally, there are concerns that the price could retrace and threaten the overall market structure. Investors are now wondering whether it is too late to buy ORDI and whether
The Securities and Exchange Commission (SEC) Chair, Gary Gensler, has shown indications of a potential change in his stance on spot Bitcoin exchange-traded funds (ETFs) for American investors. This shift comes after Grayscale’s recent legal triumph and the court’s ruling that the SEC made an incorrect decision in denying approval for Grayscale’s proposed Bitcoin ETF.
Bitcoin, the pioneer and most valuable cryptocurrency, experienced a tumultuous journey in recent days. It reached a peak of $44,700, the highest in 19 months, only to retrace back to $44,000 for the rest of the weekend. The beginning of the week brought further negativity as the price plummeted to under $41,000. Tuesday was no
Cardano (ADA) has been making significant strides in the cryptocurrency market, surpassing key resistance levels and outperforming other major digital assets. With its recent rally, ADA shows potential for further upward momentum and could reach new highs in the coming weeks. After establishing a strong foundation above the $0.500 mark, Cardano initiated a steady uptrend.
The gaming industry is constantly evolving and seeking out new ways to enhance the gaming experience for players. One of the latest collaborations making waves in the industry is between Moonlit Games and Merit Circle’s Avalanche Subnet Beam. The partnership aims to redefine gaming experiences in the blockchain domain by combining Moonlit Games’ expertise in
As the year comes to a close, the focus on the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has intensified. While many predict that ETF approval will lead to a significant price surge for Bitcoin and the broader crypto market, Matrixport, a digital assets financial services platform,
Ledger, a prominent provider of hardware wallets for digital assets, has issued a stark warning to its users. The company’s “Ledger dApp Connect Kit” was recently compromised in a supply chain attack, resulting in the theft of over $484,000. The attack involved a malicious version of the Connect Kit that contained a wallet drainer embedded
Bitcoin mining has experienced a resurgence in recent years, with the hash rate reaching all-time highs and mining operations expanding rapidly. However, this growth has also led to concerns about centralization within the mining industry. In this article, we will explore the current state of Bitcoin mining and the challenges it faces. We will also
The United States Securities and Exchange Commission (SEC) has recently introduced a new regulatory standard for all Bitcoin Spot Exchange-Traded Fund (ETF) applicants. This development came as spot Bitcoin ETF issuers were finalizing their filings with the regulatory body. The SEC’s latest requirement, known as the “Cash Redemption Model,” has raised eyebrows and garnered attention
Cryptocurrency enthusiasts and economists often debate the impact of inscriptions, particularly BRC-20 tokens, on regular Bitcoin (BTC) transfers. Critics argue that these inscriptions amount to a denial of service attack on the Bitcoin network, but on-chain analysis suggests otherwise. In this article, we delve into the data to debunk the misconceptions surrounding inscriptions and their