Bitcoin Faces Massive Volatility Amid Latest Developments on Iran-Israel Front (Market Watch)
Bitcoin’s price has been heavily impacted by the developments on the Israel-Iran front, as the…
Bitcoin’s price has been heavily impacted by the developments on the Israel-Iran front, as the asset plummeted below $60,000 last night before it soared to $65,000 after the latter reportedly said there would be no retaliation soon. The altcoins experienced a similar roller-coaster, but most of them are currently in the green on a daily…
In a recent interview on the future of Bitcoin, Anthony Scaramucci, the founder and managing partner of Skybridge Capital, has made a compelling prediction that the Bitcoin price could potentially reach $200,000 following its forthcoming halving event. This forecast comes at a time of considerable volatility within the crypto markets, exacerbated by recent geopolitical tensions…
In a significant move within the gaming industry, Play AI has announced a strategic partnership with AltLayer to develop a Layer 2 (L2) solution specifically tailored for Gaming AI. This collaboration marks a pivotal step in creating the first modular chain focused on enhancing Artificial Intelligence Agent Intelligence for gaming applications, a venture that promises…
Dubai, United Arab Emirates, April 19th, 2024, Chainwire The Telos Foundation today announced that it will work with Ponos Technology, the leading Zero Knowledge Proof (ZKP) research and development firm, to develop an end-to-end optimized, hardware-accelerated Ethereum Layer 2 network featuring SNARKtor, the Telos-developed decentralized recursive proof aggregator. The teams will take a hardware-software co-design…
The Polkadot community has proposed a $8.8 million sponsorship deal with Lionel Messi’s Inter Miami football club as the protocol is to amplify its global presence. The sponsorship would feature Polkadot’s branding on Inter Miami’s training kits for the 2024 and 2025 seasons. Polkadot Eyes Inter Miami Partnership The Polkadot community believes the partnership would…
TL;DR The meme coin dogwifhat (WIF) surged by 15% following Coinbase’s announcement to add WIF perpetual contracts. Other assets of that type like Cat in a Dogs World (MEW), Dogecoin (DOGE), and Shiba Inu (SHIB) also saw notable gains amidst overall market recovery. WIF Stands Among the Best Performers The cryptocurrency market experienced severe volatility…
Toncoin, of the TON network, has captured the attention of the cryptocurrency community as its Total Value Locked (TVL) surpasses a staggering $148 million, marking a historic milestone. This meteoric rise, reported by DefiLlama, showcases an almost threefold increase in just one month and a jaw-dropping tenfold surge over the course of a year. As…
Today’s market session has seen bulls regain control of the markets as evidenced by the increase in the global market cap over the last 24 hours. The global cap stood at $2.26T as of press time, representing a 1.26% jump from its previous 24-hour one while the trading volume also jumped by 4.7% to $102.2B. …
Senators Lummis and Gillibrand introduced the Payment Stablecoin Act to regulate stablecoins, ensuring they’re backed by assets and preventing illicit use. Ripple plans to launch its stablecoin, backed by US dollar reserves, pending the progress of the new legislation. United States Senators Kirsten Gillibrand and Cynthia Lummis unveiled the Lummis-Gillibrand Payment Stablecoin Act on April…
There are approximately 21,800 Bitcoin options contracts due to expire on Friday, April 19. These derivatives have a notional value of around $1.33 billion, which is marginally lower than last week’s expiry event. Moreover, crypto markets have been tanking hard all week, with Bitcoin poised to lose its psychological price level of $60,000. Bitcoin Options…