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
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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
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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
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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
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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
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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
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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
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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
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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
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