Ethereum Network Generated $370M in Profit in Q1, as ETH Reclaims $3K
It may sound counter-intuitive that a decentralized network can generate a profit, but that is…
It may sound counter-intuitive that a decentralized network can generate a profit, but that is exactly what Ethereum has done so far this year. According to an April 18 Token Terminal report, the Ethereum blockchain generated a $369 million profit in the first quarter of 2024. If this level of profit is sustained, the blockchain…
With the Bitcoin halving event already making waves, investors are keen to understand its impact on the market. This halving could potentially shift the investment landscape, leading to innovative trends. As the bull run of 2024 gathers momentum, it’s essential to stay informed about the changes that could redefine investment strategies. The focus here is…
IQ.wiki, the biggest crypto and blockchain encyclopedia, has announced its latest collaboration. As per the firm, it is onboarding its IQ GPT Chatbot to the community of Ankr Network. Ankr is a Web3 infrastructure providing platform. The company sees this onboarding as a remarkable step for its further progress. We're pleased to announce that the…
Recently, the crypto market fluctuations have seen most cryptocurrencies exhibit red numbers. While many remain unfazed by the market dynamics, some sectors of the crypto community have turned more pessimistic, and their bags are seemingly going down instead of up. Despite this, some projects have shown a remarkable performance this week. Among the top gainers…
Binance founder Changpeng Zhao has cleared his followers on the differences between Bitcoin halving and stock split. This message is crucial as the next Bitcoin halving event is less than 24 hours away. Changpeng ‘CZ’ Zhao, founder of Binance Holdings Ltd has proclaimed that Bitcoin halving cannot be likened to a stock split. In a…
The air crackles with anticipation as the Bitcoin network hurtles towards its fourth halving event, expected within the next few hours. This pre-programmed phenomenon cuts the block reward for miners – the number of new Bitcoins generated for verifying transactions – in half. While some see it as a recipe for another digital gold rush,…
With the Bitcoin (BTC) halving only hours away, analysts are at odds over whether the one-in-four-years event is already “priced in” to the crypto market. According to Bitwise CIO Matt Hougan, the answer is yes – but it comes with some important nuance. The Bitcoin Halving And Efficient Markets In a Twitter thread posted on…
As the crypto market enters an exciting phase, savvy investors are on the lookout for lesser-known coins that hold the promise of significant growth. This article spotlights several cryptocurrencies that have been flying under the radar yet have the potential to surge by multiple times their current value. These selections are not only poised for…
Core DAO, a decentralized permissionless network, has announced the launch of a new exchange-traded product. The company disclosed that the release of the “Yield Bearing Bitcoin Exchange-Traded Product” would emerge as a game-changing move for $BTC investors. On the other hand, the users would reportedly require entrusting their private keys to 3rd parties to earn…
The Chief Executive Officer (CEO) of Ripple, Brad Garlinghouse, has revised his earlier ambitious prediction on the crypto industry’s future market capitalization, acknowledging that he had underestimated the market’s potential surge. Ripple CEO Underpredicts Crypto Market Cap Appearing in a recent interview with Fox Business, Garlinghouse shed light on the growth potential of the cryptocurrency…