News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
The Bitcoin ETFs appear to have opened many institutions’ eyes to Bitcoin as an alternate asset. Will the April halving accelerate the trend?
Dencun, the biggest upgrade since the Merge, has just gone live on the Ethereum network.
Crypto investment products have smashed the yearly inflow record after just three months of trading in 2024, adding more than $12 billion globally, according to CoinShares.Inflows of nearly $1.8 billion this week alone were enough to break the prior record of $10.6 billion for all of 2021 — dominated by the success of the new U.S. spot bitcoin ETFs.
Bitcoin climbed above $73,000 following surging inflows into newly launched ETFs. ETF daily inflows reached a record $1.05 billion on March 13, surging 108% from the previous day. Bernstein’s analysts are confident Bitcoin will reach the $150,000 price target by 2025.
Two whales have accumulated a total of 348,551 UNI tokens since March 1. The AO on the UNI/USD daily chart indicated a downward momentum, suggesting a price decline. Buying pressure and a potential altcoin season could send UNI’s price to $20.
A recent downtrend in the NFT market has resulted in a decrease in the floor price for major collections such as Bored Ape Yacht Club and Pudgy Penguins.Activity in Ethereum-based NFT marketplaces has declined on a month-on-month basis, according to data from The Block.
- 10:44Shaw, co-founder of ai16z: Someone in the team indeed received a large profit and has agreed to give it to DAO and the teamai16z co-founder Shaw stated, "I coordinated with our release partners to try and buy tokens at the time of Eliza's launch, but didn't get many. However, someone in our team did make a substantial profit and agreed to hand it over to the DAO and team. Therefore, we have enough money to fulfill our airdrop commitments for other projects and maintain Eliza's operations." He pointed out that ai16z originally planned to launch Eliza with its partners on Friday but postponed it until Monday. However, an unknown team launched a coin named Eliza first. Shaw sent some tokens to the CTO and promised an airdrop of 10% tokens for eliza holders. The VVAIFU development team will join the Eliza project as code contributors and will specifically assist in using tools for greater meta-narratives.
- 10:43Bitfinity Network launches Bitcoin L2 network and announces the completion of a $12 million financingAccording to Cointelegraph, the Bitcoin Layer2 solution Bitfinity Network has been launched and completed a $12 million financing round. It aims to create decentralized finance (DeFi) features for Bitcoin that are compatible with the Ethereum Virtual Machine (EVM). This funding round includes $7 million from well-known supporters including Polychain Beacon Fund, ParaFi, Draft Ventures, and Warburg Serres among others. An additional $5 million came from off-market token sales. It is reported that Bitfinity Network will use chain fusion technology of Internet Computer Protocol (ICP) to enable native Bitcoin assets "to operate in an ecosystem compatible with Ethereum". In addition, the security of its L2 network is enhanced by "utilizing a strong proof-of-stake protocol through Chain-Key technology".
- 10:39The STRK staking contract will be deployed on the mainnet 30 hours to 2 days before November 26thStarknet said in a post that although STRK staking is scheduled for November 26, the STRK staking contract will be deployed on the mainnet 30 hours to 2 days in advance. It said that to become a validator, you must have at least 20,000 STRK tokens and run a full node, and both validators and delegators will be subject to a 21-day unstaking lock-up period.
