The introduction of U.S. Bitcoin spot ETFs has caused quite a stir in the market, with net inflows reaching $12.3 billion in just three months. Analysts are closely monitoring the effect of these ETFs on the broader Bitcoin market, especially when compared to existing futures and spot markets through on-chain data analysis. The Grayscale Bitcoin
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Gunzilla Games, a prominent video game developer, has made a significant move by integrating the GUNZ blockchain into the popular NFT marketplace, OpenSea. This integration allows players to trade in-game items for Gunzilla’s upcoming first-person battle royale shooter, Off the Grid. The GUNZ blockchain, built on a custom Avalanche subnet, gives players full ownership of
During a recent Senate hearing, Senator Tim Scott raised concerns about the current US administration’s focus on digital assets as a primary means of combating terrorism financing. He criticized the administration for overlooking more significant sources of funding, particularly those benefiting Iran, such as the $35 billion in oil exports and $16 billion in US
ANSEMWIF, a spin-off coin from influencer Ansem, has recently gained popularity on Crypto Twitter. Despite not being officially endorsed by Ansem, the coin has seen significant price fluctuations. Currently trading at $0.0003 with a 24-hour change of -86.89%, ANSEMWIF experienced a rapid increase in value, reaching an all-time high of $0.002875. However, with early backers
The much-anticipated Bitcoin halving event has investors on edge, eagerly waiting to see how it will impact the market. Renowned cryptocurrency expert, Benjamin Cowen, has raised a flag of caution regarding the potential consequences of this event. Cowen highlights a trend that suggests a possible significant decline in Bitcoin’s price post-halving. Drawing from a historical
Toncoin has taken over the ninth spot in the ranking of the largest cryptocurrencies by market capitalization, surpassing Cardano. With Toncoin’s market capitalization standing at $23.1 billion compared to Cardano’s $21.5 billion, the competition between the two cryptocurrencies has been fierce. The rise of TON in the market capitalization ranking can be attributed to its
Immutable, the blockchain gaming company, has recently announced the launch of their latest expansion pack for the popular trading card game Gods Unchained. The new expansion pack, called Dread Awakening, is scheduled to be released on 23rd April and will introduce a crossover with the highly anticipated blockchain game, Guild of Guardians. This collaboration brings
Recently, an anonymous cryptocurrency investor known as “Sell When Over” on X revealed a devastating loss of $800,000 as a result of alleged malicious Google Chrome browser extensions. The investor initially noticed a loss of $500,000 from various wallet applications and suspected that they had been the victim of an extension attack after discovering two
Trading Guru Peter Brandt has recently made a significant shift in his stance towards Ethereum, after previously criticizing it as a “junk coin” and its supporters as “Etheridiots.” His recent analysis of the Ethereum vs. Bitcoin chart suggests a potential bear trap, indicating a possible reversal in Ethereum’s value compared to Bitcoin. Brandt’s observation highlights
The recent surge in meme coin popularity has brought about an interesting trend within the cryptocurrency market. Solana meme coins, in particular, have been gaining traction among investors, with coins like WIF, BONK, MEME, and BODEN all seeing significant gains. However, despite the overall market rally, Solana itself has only added a modest 1.7% to
Recently, cryptocurrency analyst Michael Van De Poppe made a bold claim regarding the future of Bitcoin. He predicted that BTC could reach the impressive threshold of $300,000 in the current bull cycle. Despite facing resistance and struggling to maintain its peak price of $73,000, Poppe remains optimistic about the potential for a surge in the
In a recent court hearing at the Nigerian High Court in Abuja, the detained Binance executive, Tigran Gambaryan, was ordered to be remanded in prison pending his bail hearing. Despite pleading not guilty to money laundering charges, Gambaryan will have to wait until April 18 for his bail hearing. The trial itself is scheduled to
Recently, the Swedish tax authority, Skatteverket, made headlines with its comprehensive ruling on the Value-Added Tax (VAT) treatment of Non-Fungible Tokens (NFTs). The decision comes amidst the growing economic significance and interest in NFTs within the digital realm. According to the authority, NFTs associated with digital works are subject to a standard 25 percent tax
In the first quarter of 2024, Ethereum and its Layer 2 scaling solution, Polygon, have emerged as the top contenders in the blockchain space, attracting a significant number of new users. According to a recent report by Flipside, these two platforms have collectively acquired the highest number of new users among observed EVM chains since