Author: News Room
SoonVerse, a fully integrated Web3 games and metaverse accelerator and incubator, announced a major partnership with MOON. It is an exciting AI-powered survival MMORPG games set against the backdrop of a captivating lunar environment. This remarkable collaboration appears to be a turning point for the blockchain gaming sector. It combines the innovative features of two different platforms to offer a never-before-seen level of immersion. 🔥 Exciting Partnership Announcement with MOON 🔥🌙 @BuildMOON is a Metaverse on the Binance blockchain where players can explore, colonize, and build a civilization on the moon.🎮 MOON, a play-to-earn AI-powered survival MMORPG inspired by lunar…
On April 20, Bitcoin will undergo its anticipated halving. This four-yearly occurrence slashes mining rewards by half, with the upcoming one reducing rewards to 3.125 BTC per block. The timing of the halving is particularly intriguing as it unfolds amidst a bullish trend in Bitcoin’s price. Analysts anticipate this halving could substantially influence Bitcoin’s trajectory in the coming years. Is Now the Best Time To Buy Bitcoin? Bitcoin surged by 67% in the initial quarter of 2024, driven predominantly by heightened demand for Bitcoin exchange-traded funds (ETFs). The substantial price growth already experienced now prompts discussions regarding the potential impact…
PRESS RELEASE. Privacy is dead in crypto, people that know, know. People who don’t know, should know. That’s why CryptoCanal’s ETHDam Conference will gather people from all sides of the blockchain spectrum to discuss the future of privacy and security. “As a privacy and security-focused conference, we encourage panels on the harder discussion topics,” explains […] Read the full article here
Synthetic dollar protocol developer Ethena Labs has added Bitcoin (BTC) to the backing of its USDe stablecoin, the firm’s flagship product. Announcing via the social media platform X, Ethena Labs says that using Bitcoin to back USDe is “a crucial unlock which will enable USDe to scale significantly” from its current supply of $2 billion. USDe aims to be a censorship-resistant stablecoin that maintains its backing on-chain via delta-hedging staked Ethereum (ETH) collateral – a mechanism described as an “Internet Bond.” “The ‘Internet Bond’ will combine yield derived from staked Ethereum as well as the funding and basis spread from…
Samson Mow, vocal Bitcoin supporter and chief executive officer at BTC-focused company Jan3, remains optimistic about Bitcoin’s future no matter what. In his recent tweet, the BTC expert made an important statement to the crypto community. Key Bitcoin indicator, per Jan3 CEO The major Bitcoiner tweeted that it is important to watch a key Bitcoin indicator now that many short-term holders are dumping their BTC in light of recent market developments. Mow has referred to them as the weak-handed (who are selling), while diamond-handed hodlers continue to purchase the world’s pioneer cryptocurrency, adding to their stashes. Weak handed sellers are…
Pendle revealed the introduction of two new Liquid Restaking Tokens on the Arbitrum network has boosted PENDLE’s price. The expansion has led to a notable surge in Pendle’s market activity, with its value climbing 9.5% to $5.75. The addition of these assets aims to diversify the options available to users for yield farming and liquidity provision, potentially enhancing the protocol’s appeal and utility within the decentralized finance (defi) landscape. Pendle, established in July 2021 by a team led by developers Tong and Josh, has carved a niche by facilitating trading, yield farming, and liquidity provision of tokenized yield assets. Through…
In a move that has captured the attention of the cryptocurrency community, an ancient Ethereum whale has returned to the scene after a period of dormancy. According to Spot On Chain, an Ethereum large holder has made a significant transaction after a hiatus of 1.12 years. An #Ethereum #ICO participant returned after 1.12 years to deposit 1,069 $ETH ($3.56M) to #Kraken at $3,329 3 hours ago.The whale received 12,566 $ETH at #Ethereum Genesis in Jul 2015, at an ICO price of ~$0.31,And then distributed the $ETH across 12 wallets in 2017, of which… pic.twitter.com/Lid1hItGik — Spot On Chain (@spotonchain) April…
Pepe’s price mirrors the broader market’s corrective phase, finding itself at a critical support threshold. Yet, the narrative from this juncture could take a positive turn, buoyed by investor confidence that remains steadfast. Pepe Investors Hold Steady Despite a 26% drop recently, Pepe’s outlook appears geared towards recovery, driven by investor optimism. This sentiment is captured by the transition of tokens from short-term to mid-term holders, indicating a deeper commitment to holding onto their investments for potential future gains. Currently, an impressive 36 trillion PEPE, valued at over $232 million, has transitioned from the hands of short-term investors—who typically hold…
Pantera Capital has reported a remarkable 66% growth in its crypto fund during the first quarter of the year. Notably, Pantera’s Liquid Token Fund increase coincides with Solana’s performance, which saw a 99% price increase in Q1. How Solana Aided Pantera Capital’s Growth The fund is now valued at around $300 million. This can be attributed to a strategic shift in investment focus. It reduced exposure to digital assets tied to Bitcoin and Ethereum. Instead, the firm opted to emphasize Solana and other altcoins such as Ribbon Finance, Aevo, and Stacks. Cosmo Jiang, Pantera Capital’s portfolio manager, outlined the reasoning…
Spot bitcoin exchange-traded funds (ETFs) concluded the week on an upbeat note, securing $203 million in positive inflows on Friday, as per the latest data. Despite an initial setback of $84.7 million in net outflows on April 1, the ETFs have since rebounded, gathering $569.4 million in net inflows. Bitcoin ETFs Overcome Early April Setback […] Read the full article here