Yu Chun Christopher Wong | S3studio | Getty ImagesJust a few years ago, the bitcoin halving was something celebrated by only the earliest cryptocurrency lovers, who swore by it as a core feature of a revolutionary, anti-establishment deflationary asset.Now, bitcoin has been embraced by the biggest institutions on Wall Street and continues to draw curious retail investors in each cycle. From the gleeful to the perplexed to the unimpressed, crypto market watchers know this halving is coming and that it must mean something good for bitcoin.This is a technical event that takes place on the bitcoin network roughly every four…
Author: Web3 Daily Press Staff
Coinbase Derivatives has become the first CFTC-regulated exchange to offer margined Bitcoin Cash and Litecoin futures contracts, which launched earlier this month and are performing well. Bitcoin Cash and Litecoin contracts launched on April 1, with Dogecoin futures launching later this month. These contracts will be available for trading via Coinbase’s broker and FCM partners. These contracts, sized at 1 BCH, 5 LTC, and 5000 DOGE, aim to offer enhanced trading opportunities in the crypto market, fostering a more inclusive and dynamic trading environment. Introducing additional futures contracts empowers retail traders to capitalize on price movements and hedge their existing…
Valeria Blokhina Take a closer look at what’s happening in the world of crypto with U.Today’s news digest! Read U.TODAY on Google News Here are the top three news stories presented to you by U.Today.SEC to sue UniswapOn Wednesday, April 10, the SEC notified top decentralized exchange Uniswap of an impending enforcement action, Fortune reports. Hayden Adams, CEO of Uniswap, has already confirmed the news on his X handle, saying that he is “annoyed” and “disappointed,” but he is ready to fight. Uniswap CLO Marvin Ammori has also commented on the case, harshly criticizing the SEC’s move as “another abuse of power,”…
Benzinga – by Benzinga Insights, Benzinga Staff Writer. Over the past 24 hours, VeChain’s (CRYPTO: VET) price rose 8.34% to $0.05. This continues its positive trend over the past week where it has experienced a 11.0% gain, moving from $0.04 to its current price. As it stands right now, the coin’s all-time high is $0.28. The chart below compares the price movement and volatility for VeChain over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider…
Among all cryptocurrencies, stablecoins have always faced the most scrutiny from financial regulators. However, they also have supporters who speak about their benefits to the financial world. Recently, the CEO of Cantor Fitzgerald, the custodian of stablecoin Tether, discussed the potential benefits of stablecoins and the future of asset tokenization in the U.S. economy.Dow closes 400 points lower on surprising inflation dataDuring the Chainalysis conference in New York, Cantor Fitzgerald’s CEO, Howard Lutnick stressed how the dollar’s hegemony is crucial to the U.S. economy, Bloomberg reports. He praised Tether and Circle’s USD Coin as properly backed stablecoins that contribute to…
Polkadot appears to be bustling with activity, which is evident from the record-breaking number of active addresses on the blockchain and other metrics that depicted a bullish case. According to the latest stats by ‘Parity Data,’ Polkadot accumulated over 605,200 active addresses. Nearly half of them, around 248,000 out of 605,000, are associated with Moonbeam, the cross-chain smart contract platform that topped the charts, followed by 191,000 addresses that were directly established on Polkadot. Decentralized IoT network ‘Nodle’ trails behind with 66,063 active addresses, followed by Polkadot’s top parachain protocol Astar, and decentralized liquid staking protocol Bifrost with 24,262 and…
The SEC secretly investigated Dapper Labs in September but closed the case in December 2023. The document, acquired by Fortune and referred to as a “Case Closing Report,” was signed off by David Hirsch, head of the SEC’s Crypto Asset and Cyber Unit, on Sep. 29, 2023. The report did not detail the reasons for the SEC’s inquiry into Dapper Labs, its initiation date, or the factors leading to the investigation’s termination. Dapper Labs is behind high-profile NFT projects such as NBA Top Shot and CryptoKitties. The specifics behind the SEC’s probe into Dapper Labs and the reasons for closing the case remain…
The crypto sphere is buzzing with new technological advancements aimed at overcoming the challenges faced by traditional blockchain systems. Among these, BlockDAG emerges as a standout with its revolutionary approach to enhancing scalability and transaction speed. This article explores BlockDAG’s innovative technology, minimalistic coding advantage, record-breaking presale achievements, and potential for a staggering 30,000x ROI. It also looks into the recent performance fluctuations of Aptos and the optimistic outlook for IOTA within the digital currency ecosystem. Aptos Experiences Market Variability Aptos has made a name by offering high-speed transactions and potential earnings through its unique proof-of-stake mechanism, marking its presence…
This article was automatically generated by MarketWatch using technology from Automated Insights. Large cryptocurrencies were mixed during morning trading on Thursday, with Dogecoin seeing the biggest move, shedding 2.82% to 19 cents. Solana lead the increases with a 1.25% climb to $173.05. Four other currencies posted reductions Thursday. Avalanche declined 1.99% to $46.21, and Chainlink dropped 1.04% to 0 cents. Polkadot and Ripple also recorded declines, falling 1.03% to $8.28 and 0.69% to 61 cents, respectively. In addition to Solana, three other cryptocurrencies saw increases. Bitcoin rose 0.65% to $70,252.30, and Ethereum climbed 0.33% to $3,525.54. Cardano, which saw the…
In an astonishing revelation, BlockDAG‘s unprecedented 20,000x ROI potential has notably overshadowed Cardano’s price forecast and IOTA’s technological strides in the first quarter OF 2024. As the crypto community reels from this news, the spotlight turns to BlockDAG, whose impressive presale success and innovative EVM compatibility have set a new benchmark in the DeFi sector. While Cardano has been making waves with its robust development activities and IOTA with its groundbreaking EVM integration, BlockDAG’s emergence is reshaping investor perspectives and reallocating the market’s focus. This shift not only underscores BlockDAG’s dominant market entry but also highlights the intense competition and…