The journey towards institutional adoption has long been a target for cryptocurrency proponents, aiming to bring a new level of legitimacy to the asset class and potentially drive prices higher. The launch of several spot Bitcoin (BTC) exchange-traded funds (ETFs) in January marked a historic milestone for the sector, paving the way for wider adoption. However, a survey conducted by…
The Open Network Foundation, the entity behind developing the TON blockchain powering Telegram’s new advertising platform, has unveiled a community incentive program worth $115 million. This initiative will see the allocation of 30 million Toncoin (TON) tokens to reward the community. As outlined in the announcement on March 20, the incentives will be distributed across four key areas: $38 million…
Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform. Additionally, following Ethereum’s Dencun upgrade, other L2 networks such as Optimism have also witnessed an uptick in activity. Arbitrum Transfers Spike Metrics indicate that […] Source: https://news.bitcoin.com/arbitrum-outpaces-ethereum-in-daily-transactions-amidst-l2-networks-surge/
As the broader cryptocurrency market experiences a downturn, with Bitcoin and Ethereum seeing declines, Solana’s price has also pulled back significantly. The token has retreated to a critical support level at $164, leading to discussions about whether Solana (SOL) can maintain its upward trajectory or if further declines are imminent. The potential for a deeper decline in Solana’s price is…
Robinhood has rolled out its crypto wallet for Android users globally, offering a secure way to manage various cryptocurrencies and stay informed about market trends directly from their Android devices. The launch of the Robinhood Wallet for Android is a strategic move to accelerate the adoption of cryptocurrencies while enhancing Robinhood’s reputation as a trustworthy and user-friendly platform for crypto…
PRESS RELEASE. Solama, a new meme coin developed on the Solana network, will soon get listed on one more centralized crypto exchange: HTX (formerly known as Huobi Global). The announcement was made on March 18, 2024, on Solama’s official X (Twitter) account. Growth Has No Boundaries Solama, one of the most promising Solana-based meme coins […] Source: https://news.bitcoin.com/solama-to-get-listed-on-htx-crypto-exchange/
In the wake of heightened market volatility, the price of Bitcoin has surged back above the $63,500 threshold. Over the past 24 hours, the crypto landscape witnessed a tumultuous period, with the liquidation of more than $150 million in leveraged bitcoin positions. After dipping to a recent low of $69,900, Bitcoin’s value rebounded, showing a resilient increase of over 1%…
Heralded by Ethereum developers as the technical milestone they’d been “dreaming of,” last week’s Dencun upgrade was supposed to forever alter the Ethereum ecosystem—by making transactions on its layer-2 networks exponentially cheaper and thus more accessible. One week later, how do things stand? On the whole, Dencun has delivered exactly as promised. Across layer-2 networks that have already integrated the…
The countdown to Bitcoin’s next halving event, scheduled to take place in just a month, is underway. As estimated by The Block’s halving countdown, the event is set for April 20, where miners’ block rewards will be slashed from 6.25 BTC to 3.125 BTC. Approximately 4,450 blocks remain until the anticipated date, based on Bitcoin’s average block generation time of…
Shrapnel, the anticipated first-person shooter being built on Avalanche, has unveiled a string of new updates for players participating in its early access experience on PC via the Epic Games Store, including the launch of a marketplace for purchasing premium cosmetic items. Neon Machine launched the Shrapnel Training Exercise 2 (STX2) version of the early access game on Wednesday, which…
