Day: April 1, 2024

Bitcoin’s Pre-Halving Volatility Spike

The price of Bitcoin witnessed a noticeable dip below the $70,000 mark early Monday morning, underscoring the increased volatility that has characterized the lead-up to this critical event. Currently, Bitcoin has seen a modest decline of 1.1% on the day, trading at around $69,500, though it maintains a near 4% increase over the week. The […]

Telegram Adopts Toncoin for Ad Payments

Telegram, is taking a significant leap forward in the integration of cryptocurrency into its platform. In a groundbreaking move, Telegram announced that it will allow users to purchase in-platform advertisements using Toncoin (TON), coupled with a revenue share program designed to benefit channel owners. This initiative marks a pivotal moment in Telegram’s journey towards embracing […]

Crypto Hacks: A March Overview

March witnessed a significant reduction in the frequency and impact of crypto hacks, marking a distinct decrease from the previous month’s activities. According to an infographic released by PeckShield, a leading blockchain security firm, over 30 cryptocurrency-related hacks were recorded last month, resulting in a loss of more than $187 million. Despite this daunting figure, […]

Bitkub Eyes 2025 IPO for Global Expansion

Bitkub Capital Group Holdings, the powerhouse behind Thailand’s premier cryptocurrency exchange, is setting its sights on an initial public offering (IPO) come 2025. This ambition, widely known in the business sphere as Topp—heralds a significant leap forward for the company. The planned IPO is not just a strategic move to elevate the company’s stature but […]

Tether’s Bold Bitcoin Accumulation

Tether, the issuer of the prominent USDT stablecoin, has significantly expanded its Bitcoin portfolio in the first quarter of 2024. With a recent purchase of $627 million worth of Bitcoin, Tether’s total holdings have soared to approximately 75,354 BTC, valued at over $5.2 billion. This acquisition not only marks a milestone as Tether’s Bitcoin holdings […]

Liquid Restaking Tokens Near $8 Billion TVL

The landscape of cryptocurrency investments is continuously evolving, with liquid restaking tokens (LRTs) emerging as a significant player, amassing a total value locked (TVL) close to $8 billion. This burgeoning interest is predominantly fueled by protocols such as Etherfi, Renzo, Kelp, Puffer, and others, which have witnessed substantial growth in deposits in recent months. The […]

FTX Aims for 2024 Customer Repayment

The FTX bankruptcy estate has announced its intention to begin repaying customers by the end of 2024. This decision emerges from a meeting held on March 15th involving FTX Digital’s Joint Official Liquidators in the Bahamas, shedding light on the complex path toward resolution for the beleaguered cryptocurrency exchange. FTX’s downfall has been under intense […]

Bitcoin’s Surge: Mark Yusko’s Bullish Forecast

Mark Yusko, the CEO of Morgan Creek Capital Management, has recently shared his optimistic forecast for Bitcoin (BTC), signalling a bullish trend that could redefine the cryptocurrency’s value. In a compelling interview on CNBC, Yusko, known for his insightful analysis and bullish stance on cryptocurrencies, particularly Bitcoin, referred to it as “the dominant token” and […]