A recent analysis conducted by Bybit, a prominent crypto exchange, has raised concerns about a potential shortage of Bitcoin on exchanges by the end of 2024. The report indicates that reserves could be completely depleted within the next nine months if the current withdrawal rates, which are hovering around 7000 BTC per day, continue. This
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The recent surge in the price of the new Solana meme coin, Peshi Cat (PESHI), has caught the attention of many investors in the crypto community. In just a short period of time, PESHI has surged by an astonishing 120x, showcasing the potential for massive gains in the volatile world of meme coins. However, upon
The recent price fluctuations in Ethereum have captured the attention of the crypto community as the cryptocurrency dipped to lows of $2,800 on April 12. This downward trend echoes the broader downturn seen in the overall crypto landscape. However, amidst this volatility, Ethereum whales, the large holders of the cryptocurrency, have made strategic moves that
Avalon, an independent Web3 gaming studio, has recently generated buzz in the gaming industry with its successful $10 million funding round. Led by Bitkraft Ventures and Hashed, this funding aims to propel the development of Avalon’s groundbreaking MMO game. What sets Avalon apart is its commitment to empowering players by allowing them to create, own,
US Senators Elizabeth Warren and Charles Grassley have initiated a formal request for a detailed account of interactions between Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam and disgraced crypto mogul Sam Bankman-Fried (SBF). The request, made through a letter dated April 12, aims to shed light on potential regulatory failures in light of Bankman-Fried’s
The provincial government of Buenos Aires has taken legal action against Worldcoin for allegedly violating consumer laws with its user agreement. The government claims that the agreement contains abusive clauses that allow Worldcoin to interrupt services without providing repair or reimbursement to users. Additionally, users are required to surrender their rights to collective complaints, with
Discussions between House leaders and Senate Majority Leader Chuck Schumer have raised the possibility of taking action on stablecoin legislation during this summer’s session. This key area of financial technology is in need of regulatory clarity, and House Financial Services Chair Patrick McHenry and ranking member Maxine Waters recently met with Schumer to discuss this
In the current state of the broader crypto market, the bears have regained control, causing a shift in focus towards on-chain micro-cap markets. This shift is attributed to concerns surrounding the Iran/Israel situation and the impact of strong US economic data. Bitcoin, a significant player in the market, has seen fluctuations in its trading price,
As the fourth Bitcoin Halving event approaches, there has been a lot of speculation surrounding the potential impact on the cryptocurrency market. Lady of Crypto, a respected market analyst and trader, recently shared her insights on the matter. She addressed claims suggesting an early start to the bull cycle due to Bitcoin breaking its all-time
The partnership between Dentsu Inc. and Chiru Labs has resulted in the creation of an anime anthology series titled “Enter The Garden” that incorporates the globally popular Azuki NFT project. Directed by Goro Taniguchi, a renowned figure in the anime industry, this trilogy promises to offer a unique viewing experience for anime enthusiasts around the
