29 April, 2024
29 April, 2024
Live WireAustralia's ASX stock exchange aims to introduce its first batch of spot bitcoin exchange-traded funds (ETFs) by the end of 2024. Leading issuers, including VanEck and local firms BetaShares and DigitalX, have already filed ETF applications. According to an ASX spokesperson, ASX, commanding 80% of local trades and having a market capitalization of $2.7 trillion as of March, is in discussions with issuers keen on crypto asset-based ETFs.
11 hours ago
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Ethereum's gas fees hit a six-month low at $1.12 despite ETH's slight weekend rally to $3,191. Santiment suggests this drop could herald an altcoin surge, as traders' sentiments fluctuate between optimism and pessimism, reflected in transaction fees.
13 hours ago
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Whale Alert, a blockchain tracking platform, reported two significant DOGE whale transactions totaling 456.82 million DOGE, transferred to Coinbase, a leading cryptocurrency exchange. The first transaction involved 228.10 million DOGE valued at $34.34 million, followed by a second transfer of 228.72 million DOGE worth $34.43 million.
3 days ago
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BlackRock iShares Bitcoin Trust (IBIT) has seen its first day of $0 inflows since Bitcoin ETFs were established in the United States in January. Since its inception, IBIT has continually attracted multimillion-dollar contributions, totaling approximately $15.5 billion in just 71 days.
4 days ago
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Chainlink officially announced on Wednesday that the Cross-Chain Interoperability Protocol (CCIP) has entered general availability (GA). This new development eliminates the need for developers to seek permission to transfer tokens, send messages, and combine data and value transfers across different blockchains. The protocol could now support programmable token transfers with the supported blockchains, including Arbitrum, Avalanche, and Ethereum.
5 days ago
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Changpeng Zhao, Binance's founder, has admitted to breaching U.S. anti-money laundering laws, with the Department of Justice recommending a 36-month prison sentence. The plea follows the revelation that Binance, under Zhao's direction, neglected to report over 100,000 suspicious transactions, including those tied to terrorist groups like Hamas, al Qaeda, and ISIS.
5 days ago
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EigenLayer, Ethereum's restaking protocol, achieved a milestone by surpassing $15 billion in total value locked (TVL) after removing its caps. Enabling users to stake native ether and liquid staked ether, EigenLayer fortifies other protocols. Its TVL soared post the April 9 launch, welcoming validated services. Notably, updates ensued, such as reducing the minimum stake for EigenDA operators from 320 ETH to 96 ETH.
6 days ago
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PayPal, Energy Web, and DMG Blockchain Solutions proposed "crypto-economic incentives" for Bitcoin miners to use eco-friendly energy sources, granting them "green keys" for their public keys. According to the National Oceanic Atmospheric Administration, the suggested method will distribute bitcoin to "green" miners, lowering carbon emissions and delaying global warming.
6 days ago
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The stablecoin economy has surged by $28.63 billion since December 2023, reaching a staggering $160.03 billion valuation. Tether (USDT) spearheads this growth, boasting a market cap of $109.9 billion with a circulating supply of 109.84 billion USDT. Circle’s USD Coin (USDC) follows suit with a market cap surpassing $34 billion. Together, USDT and USDC dominate over 93% of the stablecoin market. Notably, MakerDAO's DAI has shown robust growth with a 9.3% supply increase, elevating its market cap to $5.2 billion.
7 days ago
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The Chinese Embassy in Angola has cautioned its citizens and entities operating within the country to refrain from engaging in cryptocurrency mining activities. This advisory follows the implementation of a new law in Angola, which prohibits cryptocurrency mining and categorizes it as a criminal offense. Under this legislation, individuals found involved in such activities could face severe penalties, including imprisonment for up to 12 years. Additionally, possession of mining equipment is also subject to legal consequences, with potential sentences of up to five years.
1 week ago
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Chainlink (LINK) persistently captures investor attention despite recently experiencing a notable decline in its market value. In a recent X post, renowned cryptocurrency analyst Crypto […]
In the realm of cryptocurrency, the dominance of specific digital assets can indicate broader market trends and investor sentiment. Recently, XRP, a leading cryptocurrency, has […]
Solana (SOL) has emerged as a significant player in the cryptocurrency market, showcasing impressive gains and garnering attention from investors worldwide. As per Mags, an […]
Polkadot is currently experiencing a significant price rebound. This resurgence aligns with Polkadot’s ongoing enhancements, notably integrating advanced AI features and a robust multi-chain architecture. […]
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