Chiru Labs, the Web3 startup behind the valuable Azuki NFT project on Ethereum, is linking up with the popular Line Friends media and merchandise property through a partnership with parent company IPX, the firms announced Wednesday. Line Friends is a collection of cartoonish animal characters inspired by stickers in the top Japanese messaging app Line and from South Korean internet…
The price of Dogecoin (DOGE) dropped 4.6% to $0.0808 under the influence of a broader crypto market correction on April 12. This downside move preceded the release of the U.S. consumer price index (CPI), which showed inflation eased to its lowest level in two years. Dogecoin wipes out Elon Musk-led gains Dogecoin‘s latest price drop appeared also after Elon Musk-owned…
From childhood dreams of becoming a rapper to serving in the United States Marines, to now being “the pro-XRP lawyer” on Crypto Twitter, John Deaton has had an eventful life. While his dream of becoming a rapper didn’t work out, John Deaton’s 260,000 Twitter following would make many up-and-coming rappers envious. “That was about 10 years before Eminem came out…
Bitcoin consolidated around the $30,000 mark on Wednesday, as markets prepared for the release of the latest inflation report in the United States. Consumer prices in the U.S. are expected to fall to 5.2% in March, down from 6% the month prior. Ethereum also consolidated, dropping back below $1,900. Bitcoin Bitcoin (BTC) consolidated around the $30,000 mark on Wednesday, as…
In a fireside chat during the Hong Kong Web3 Festival, Changpeng Zhao (CZ), CEO of Binance, expressed that it is important for crypto regulators to have a deep understanding of the industry to facilitate proper crypto regulations. The fireside chat was moderated by Deng Chao, the CEO of Hashkey Capital. According to CZ, “There is a very natural tendency to…
Fresh off its climb past $30,000 the day before, Bitcoin inched higher after a widely-watched inflation gauge showed rising prices continued to cool in March. The Consumer Price Index rose 5% in the 12 months through March, the Bureau of Labor Statistics (BLS) said Wednesday, coming in lower than economists’ forecasts. On a monthly basis, the index rose 0.1%, a…
Bitcoin (BTC) spiked higher prior to the April 12 Wall Street open as United States inflation data outperformed market forecasts. BTC/USD 1-minute candle chart (Bitstamp). Source: TradingView CPI offers “great inflation print” for risk-on bulls Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it neared new ten-month highs on Bitstamp. Widely-predicted volatility entered immediately following the release of…
The Web3 space has seen its fair share of exploits in the recent past with more than $320 million exploited by hackers in the first quarter of 2023 alone. For many users, particularly prospective users, having security for digital assets is a top priority. A new nonfungible token (NFTs) warranty service from Web3 payment provider Wert and InsurTech service Avata…
Bitcoin (BTC) traced $30,000 on April 12 as looming United States macroeconomic data heightened nerves. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst warns markets “discounting significance” of CPI Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near the significant psychological level after overnight lows of $29,875 on Bitstamp. Consumer Price Index (CPI) for March are due at…
Ether (ETH) unstaking, brought about by the Shappella upgrade, a service aimed at validators, is aiming to make staking easier by utilizing Application Programming Interfaces (APIs). In an announcement, blockchain infrastructure provider InfStones said that it’s expecting a heightened market demand for ETH staking as the Shanghai upgrade comes. Capitalizing on the event, the platform said that it is aiming…
