Author: News Room
The Injective (INJ) price dynamics reveal that 83% of active holders are at break-even, hinting they’re awaiting a price rebound. Concurrently, INJ’s active addresses have recently increased after a late March dip. Additionally, the EMA lines suggest a solid consolidation pattern following a 14.62% correction last month. This combination of factors signals a potential upward trajectory for INJ as the market stabilizes and investors remain hopeful. These Holders Can Prevent Selling Pressure The INJ price has recently shown signs of recovery, growing 5% in the last seven days. This comes after INJ decreased from $51 on March 12 to $35.48…
This week, 21.co’s onchain data analyst Tom Wan presented figures revealing that tokenized U.S. Treasury bonds on public blockchains have surpassed the $1 billion mark. The analyst highlighted that Blackrock’s BUIDL experienced significant growth of 400%, escalating from $40 million to $240 million within a span of a week. The Rise of Tokenized Real-World Assets […] Read the full article here
The founder and CEO of Galaxy Digital is predicting that the US’s ballooning debt will quicken the adoption of Bitcoin (BTC). In a new Bloomberg interview, Mike Novogratz says that more investors are understanding the wisdom of having exposure to Bitcoin in the face of the US’s mounting debt, which threatens to debase the US dollar. “Each 100 days our government’s adding a trillion dollars of debt. We’re at $34 trillion. We will be at $35 trillion and then $40 trillion. That story is so powerful. It makes it easy for salespeople, for registered investment advisors, to tell their clients…
With the crypto bull market amplifying, new projects with innovative technology boast tremendous upside potential. The newly launched VR gaming crypto 5th Scape is a prime example, soaring past $3 million in its presale as investors rush for the lowest price. Currently available at $0.00248, the price will incrementally rise throughout the campaign, with the next uptick in two days or when the total raise hits $3.75 million. Hyper-realistic VR Gaming Experiences Forging a new frontier of gaming, 5th Scape ushers in hyper-realistic gaming experiences powered by its proprietary VR headsets and gaming chairs. The project facilitates heightened experiences where…
With the arrival of the deadline for the cryptocurrency options exchange Deribit to settle its $15 billion contracts in Bitcoin (BTC) and Ethereum (ETH), Bitcoin bulls in particular have a strong reason to rejoice, as early as this weekend or next week, with a possible $80,000 waiting around the corner. Specifically, Bitcoin is still trading above its 2021 all-time high (ATH), with the possibility of a breakout this weekend or next week, against the backdrop of the expected expiration of $15 billion in digital assets, as the crypto analyst CryptoJelleNL noted in an X post on March 29. Bitcoin price…
In the landscape of decentralized communities, Ronin Guild is one of the major players who has just partnered with Guild.xyz. The platform is rightfully considered revolutionary in the formation and development of guilds because on-and-off chain. Moreover, this seamless connection makes linking social accounts, crypto wallets, and communities easier than ever. Welcome to Ronin, @guildxyz!The journey towards a Ronin-based reputation-score has begun ⚔️• Join and create guilds on Ronin – no coding required• Earn and/or distribute rewards based on off-chain and on-chain requirements• Bronze, Silver, and Gold membership benefits… pic.twitter.com/ddiQoajBES — Ronin (@Ronin_Network) March 29, 2024 Ronin Guild on Guild.xyz…
In a significant development, SubQuery, a leading player in the blockchain data indexing space, announced that it will support developers developing on the Bitcoin Virtual Machine (BVM) network. BVM is an innovative modular Layer 2 (L2) metaprotocol. Moreover, it simplifies Bitcoin L2 blockchain creation for coders. Earlier, SubQuery announced support for Stargaze to elevate the NFT trading experience for their users. We’re supporting another Bitcoin project 🔥 Say hello to @BVMnetwork – the modular L2 metaprotocol making waves in the Bitcoin ecosystem! 🛠️ Let’s innovate the #Bitcoin network together! 🤝Read the full announcement 👇 https://t.co/HsOxacMMeF pic.twitter.com/TqclwkChT8 — SubQuery (@SubQueryNetwork) March…
One of the most active and fastest-growing communities in the Farcaster ecosystem is getting its own layer-3 blockchain. The Degen chain was announced today by pseudonymous founder Jacek and infrastructure provider Syndicate, debuting with its native gas token DEGEN, touted as “one of the first community tokens with its own L3.” The Degen movement launched in January with a channel on Farcaster, a decentralized and blockchain-based social network on Base, the Ethereum layer-2 incubated by Coinbase. Frequently positioned as a crypto-friendly alternative to Twitter, Ethereum co-founder Vitalik Buterin is a Farcaster fan, and the release of Farcaster Frames in February…
Ethereum co-founder Vitalik Buterin addressed the topic of memecoins in a thought-provoking blog post published today, sharing his views on their potential to positively contribute to the cryptocurrency ecosystem. Ethereum Co-Founder Vitalik Buterin Defends the Positive Impact of Memecoins in the Cryptocurrency Space Known for his influential role in shaping the Ethereum network, Buterin emphasized his personal stance on memecoins, stating that he prefers projects that comply with certain moral principles. He expressed disapproval of coins associated with totalitarian ideologies, fraud, or other negative connotations that may bring excitement in the short term but lead to disappointment in the long…
A South Korean civil servant was arrested on March 27 on charges of committing crypto-related fraud and carrying out voice phishing attacks. According to Fn News, the accused is a level six district office official in her 50s. Police said she “received money from multiple victims.” Police say she converted the fiat to Bitcoin (BTC). She then reportedly sent the coins to a “voice phishing gang member.” South Korean Civil Servant ‘Worked for Voice Phishing Gang’ Police in Seoul’s Dongdaemun District said they had arrested the woman “on charges of fraud” at a bank in the Jegi Neighborhood. Officers said…