Mysten Labs, the company behind the development of Sui, a proof-of-stake blockchain project, has announced it is working on developing Suiplay0x1, a Web3-enabled gaming handheld. The organization did not reveal hardware specs but did state that the device would be able to run several app stores at once thanks to Playtron’s Playtronos, a device-agnostic gaming […] Source: https://news.bitcoin.com/mysten-labs-announces-suiplay0x1-a-web3-enabled-gaming-handheld/
Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate. The analysis shows that substantial miners’ rewards from pools like F2pool, Antpool, Binance Pool, and Braiins are being funneled to this particular custodian. Onchain Data Reveals Single […] Source: https://news.bitcoin.com/a-single-custodian-oversees-nearly-half-of-bitcoins-block-rewards/
As the Bitcoin network’s halving event approaches, scheduled to occur in about seven days (April 19), the accuracy of online countdowns is coming into question. Various platforms display conflicting estimates of when the halving will take place, creating confusion for those closely monitoring the event. For example, Watcher Guru forecasts the halving in seven days, seven hours, and 20 minutes,…
Anime-inspired role-playing game Kaidro has already made waves on Ethereum scaling network Ronin since announcing its plans to migrate in February. A buzzy free mint in March saw nearly 350,000 free NFTs claimed by Ronin wallets, while Kaidro’s first premium mint on Ronin this week sold out some 9,999 Spark Suit NFTs—with 2,400 of those going in a public sale…
The global stablecoin market has surged past $150 billion, indicating a growing demand for digital assets with relative stability. Competition in the stablecoin space has intensified, with Ripple announcing plans for a USD-backed stablecoin, joining established issuers like Tether and Circle, whose supplies have collectively expanded by nearly $10 billion in the past month. Despite the current crypto bull market…
Cryptocurrencies experienced a significant downturn, with bitcoin (BTC) plummeting to below $66,000 and altcoins witnessing declines ranging from 10% to 15% on what proved to be a challenging day for risk assets. Ryze Labs, in a report, warned investors to brace for continued market weakness beyond the current decline, attributing it partly to the ongoing tax season. During the U.S.…
On April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a substantial sell-off at 2:00 p.m. Eastern Time. The price of bitcoin in USD tumbled to an intraday low of $65,230. Over the past 24 hours, leveraged crypto positions totaling $871.88 million were eradicated. Liquidations Near […] Source: https://news.bitcoin.com/leveraged-crypto-traders-hit-hard-872m-liquidated-in-a-single-day-amid-bitcoin-price-drop/
Hong Kong is on the brink of approving Bitcoin and Ether Exchange-Traded Funds (ETFs) as soon as Monday, according to sources familiar with the matter. This development represents a significant advancement for the cryptocurrency sector within the region. Harvest Fund Management, in conjunction with Bosera Asset Management and HashKey Capital, is poised to receive approval for its spot Bitcoin and…
The first edition of the Trump Digital Trading Card NFTs has experienced a significant downturn in sales, with trading volumes plummeting by 99% over the last 30 days. Data from OpenSea reveals a stark decline in transactions, with no activity recorded in the past week. This marks a sharp contrast from the initial buzz surrounding the collection, which generated over…
In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86 billion. Additionally, the top five dollar-pegged cryptocurrencies experienced an increase in their supplies over the last 30 days. Top Dollar-Pegged Cryptos See Growth Amid April’s First 12 Days As of Friday, April 12, 2024, the […] Source: https://news.bitcoin.com/stablecoin-market-expands-by-4-46-billion-in-12-days/
