Bitcoin had a rollercoaster week with its price fluctuating wildly. It started positively on Monday morning, pumping to almost $65,000, only to be followed by a steep decline to $62,000 as bears took control of the market. The downward trend continued as Bitcoin slipped below $60,000, hitting a two-month low of $56,500 on Wednesday. Following
Eigenlayer, a prominent project in Ethereum Restaking, is preparing to launch its airdrop for collection on May 10th. BingX Exchange will facilitate the trading of Eigenlayer’s token $EIGEN immediately after. This project has garnered attention as one of the most significant Restaking initiatives on Ethereum in 2024. Benefits of Eigenlayer Eigenlayer sets itself apart by
The recent post-Halving slump of Bitcoin has had a significant impact on the Solana meme coin market, with traders feeling the blues. This sentiment is reflected in the emergence of a new token named Sad Hamster, which has seen its price explode overnight. Despite the depressed market, Sad Hamster has gained impressive traction, with retail
The recent drop in Bitcoin’s price below the $59,000 support level has caused concern in the cryptocurrency market. This price dip led to liquidations in the futures market, prompting analysts to warn of a potential further decline without a market capitulation. While $120 million in liquidated long positions was reported by CryptoQuant, it is important
Rep. Maxine Waters has put forth a proposal to nominate Ms. Kristin Johnson for the role of Assistant Secretary for Financial Institutions at the US Department of Treasury. This recommendation is based on Johnson’s track record as a Commissioner of the US Commodity Futures Trading Commission (CFTC). Johnson’s Qualifications Rep. Waters highlighted Johnson’s extensive expertise
MicroStrategy recently introduced a new Bitcoin-based strategy aimed at combating online spam. This strategy, known as “MicroStrategy Orange,” is an open-source decentralized identity solution built on Bitcoin. The platform is designed to provide an enterprise-grade platform for implementing Decentralized Digital Identifiers (DIDs) across organizations. One of the core services of the platform is “Orange for
Crypto prediction website Telegaon has shed some light on the potential future of Cardano (ADA) by suggesting that it could reach $45 in the year 2050. This price target represents a significant 8.900% price gain from its current level, making it an attractive proposition for ADA holders who have been disappointed by the token’s recent
During a recent Town Hall meeting at Otherside, the partnership between Yuga Labs and Improbable was revealed, causing a wave of excitement within the community. This collaboration will result in Otherside being migrated onto Improbable’s MSquared network, offering a plethora of potential benefits for players and developers alike. Otherside, created by Yuga Labs, is a
Coinbase, a leading cryptocurrency exchange, surprised investors by reporting revenues of $1.64 billion in the first quarter of the year, exceeding the expected amount of $1.34 billion. The company’s earnings per share also saw a significant improvement, standing at $4.40, far surpassing the average analyst estimate of $1.09. However, it is important to note that
The rise of Web3 technology has paved the way for unprecedented levels of creativity and innovation in the digital space. One standout pioneer in this realm is Imaginary Ones, a cutting-edge blockchain-based platform that seamlessly blends art, storytelling, and community engagement. Through their groundbreaking approach, Imaginary Ones has managed to captivate audiences and make a