The recent analysis by industry analytics provider Glassnode reveals a significant shift in Bitcoin investor behavior as long-term holders begin distributing BTC to new investors at higher prices. This trend has led to an injection of new capital into the asset class, driving the realized cap to new heights. Despite the positive news of the
Cryptocurrency enthusiasts have been buzzing about Notcoin, a popular Telegram-based clicker game that has garnered a massive following. The upcoming token launch on The Open Network (TON) scheduled for April 20 has created even more excitement around this unique game token. Gameplay and Potential Growth Notcoin, also known as NOT, offers players a simple yet
March proved to be a groundbreaking month for the Bitcoin mining industry, with miners raking in over $2 billion for securing the leading cryptocurrency network. The data from Blockchain.com reveals that miners averaged a staggering $65.23 million per day over the course of 30 days, ending on March 31st. This figure far surpasses the previous
The popular Solana meme coin, DogWifHat (WIF), experienced a significant decline today, shedding 17% of its value in the last 24 hours to trade at $3.69. This drop is part of a broader market pullback that saw market leaders Bitcoin and Ethereum also losing value. Bitcoin currently trades at $66,313, which is 10% below its
The collaboration between ALTAVA and Play TOZ marks a significant step towards enriching the TOZ Universe, a Web3 Metaverse community that prides itself on fostering free expression and creativity. By integrating ALTAVA’s innovative virtual fashion into the platform, users are granted unparalleled opportunities to customize their digital avatars and immerse themselves in a world of
Recent on-chain data analysis has revealed that Tether, the world’s largest stablecoin issuer, has added a substantial amount of Bitcoin to its already significant holdings. The acquisition of 8,888 Bitcoin on March 31 has increased Tether’s total BTC reserves to nearly 75,400. This move positions Tether as one of the largest Bitcoin holders in the
The Monetary Authority of Singapore (MAS) has recently made significant amendments to its Payments Service Act (PSA) in a bid to boost user protection and strengthen its jurisdiction within the cryptocurrency industry, as announced in a statement on April 2. These revisions are in line with Singapore’s goal of solidifying its position as a cryptocurrency-friendly
In a recent interview with Fortune, Coinbase CFO Alesia Haas made a bold statement by asserting that Ethereum (ETH) should not be classified as a security. Haas highlighted the previous positions of both the SEC and the CFTC, emphasizing the lack of regulatory clarity surrounding cryptocurrencies in the US as the root of the classification
As the Bitcoin Halving draws near, with less than 2,900 blocks remaining before miners’ rewards are halved, anticipation is building within the crypto community. The event, projected to occur in April around Block 840,000, is expected to have a profound impact on Bitcoin’s price trajectory. The Halving, occurring approximately every four years, is a deflationary
In March 2024, blockchain security firm PeckShield released a report that highlighted a distressing increase in crypto hacks, causing over $187.29 million in losses across more than 30 incidents. Despite some recovery efforts, these breaches have dealt a significant blow to the DeFi sector’s progress. One of the most devastating breaches mentioned in the report
