Dogwifhat (WIF) has been on a wild ride this week. As of Tuesday evening, its value surged by nearly 10%, however, the canine-inspired cryptocurrency could not sustain the momentum and by Wednesday, it lost 14% of its value. Dogwifhat’s Aggressive Rise And Sudden Dip The rollercoaster ride began with a bang. Dogwifhat, a newcomer to…
According to experts, DeFi season is coming soon and pioneering projects like Octoblock (OCTO) may replace meme coins like Pepe coin (PEPE) and Dogwifhat (WIF). Dogwifhat (WIF) price The Dogwifhat (WIF) price recently experienced a 13.05% downturn, mirroring the broader decline in meme coins. According to Coinglass data, WIF’s open interest dropped by 11.09%, accompanied…
Bitcoin continued to be choppy as its price briefly dipped below $69,000. What followed was panic from market players. However, data suggest that this sentiment could potentially prove beneficial for a much-needed rebound in Bitcoin’s price. Buying Opportunities Emerge Bitcoin surged to a record peak above $73,700 on March 14, driven by heightened purchasing activity…
Thesis, a venture studio building on the Bitcoin ecosystem, has announced the launch of its Bitcoin Layer-2 platform, Mezo. This platform allows Bitcoin holders to earn yield from their deposits. The announcement was made after Thesis secured a $21 million Series A funding led by Pantera. Bitcoin Layer-2 Mezo Launches The funding round also saw…
Bitcoin has again experienced a price decline since briefly climbing above the $72,000 mark on April 8. This price dip is believed to be due to a couple of factors, which no doubt present a bearish outlook for the flagship crypto. Inflation Data Expected To Come In Hot The March Consumer Price Index (CPI) data…
Sui Network, a prominent L1 blockchain, has recently announced another significant project. This time, the platform is releasing the SuiPlay0X1 which is the first of its kind handheld device for web3 gaming to revolutionize the gaming for the consumers. The company disclosed the announcement of this launch on its X account. In this regard, the…
Polkadot’s foray into Motorsports with its sponsorship for Conor Daly’s No. 24 Chevrolet at the Indianapolis 500 highlights its expanding reach beyond fintech. Leveraging Polkadot’s OpenGov platform for decentralized governance, the community’s decision to sponsor Daly exemplifies a transparent and inclusive approach to sponsorship selection. In a recent development, the Polkadot blockchain has demonstrated that…
The Grayscale Bitcoin Trust (GBTC) appears to be approaching a critical balance point after a period of significant outflows, according to Michael Sonnenshein, CEO of Grayscale Investments. In an exclusive interview with Reuters on the latest episode of Inside ETFs, Sonnenshein delved into the challenges and transformations faced by the GBTC. Grayscale Investments has been…
TL;DR Shiba Inu (SHIB) experienced a recent price drop, but analysts predict a potential bullish trend due to critical resistance levels being tested. Optimism for a rally is supported by significant outflows from exchanges and advancements in its L2 scaling solution. Despite the brief resurgence at the start of the ongoing week, the price of…
San Jose, Costa RIca, April 10th, 2024, Chainwire Texas HODL is set to redefine the online poker arena by integrating the Bitcoin Lightning Network, marking a new era of fast, secure, and user-centric gaming experiences. Texas HODL offers poker enthusiasts a seamless way to play and transact, backed by the TEX token economy. Embracing the…