Highest monthly close ever — 5 things to know in Bitcoin this week
Bitcoin sets multiple records at the end of Q1 as anticipation grows for a return to BTC price discovery. Bitcoin (BTC) starts a new week, month and quarter of 2024 with several new records — can the bull market continue from here? BTC price action made history on March 31 as Q1 ended with the […]
Australia poised for ‘inflection point’ of crypto demand: Kraken Aus CEO
Kraken Australia CEO Jonathan Miller said institutional crypto demand is lagging in Australia but stablecoins and the right policy moves could see it catch up. Australia’s crypto industry is in a good spot to benefit from a global “inflection point” for crypto demand, as long as its lawmakers make the right decisions, according to a […]
Bitwise CIO ‘excited’ for a product that gives exposure to Ethereum DeFi
Bitwise’s Matt Hougan said he has “extraordinary confidence” in the Ethereum ecosystem, hinting that a “great product” would be able to capture a slice of the action. Cryptocurrency asset management firm Bitwise has hinted interest in offering an exchange-traded product (ETP) covering Ethereum’s ecosystem of layer 2 networks and applications, according to the firm’s chief […]
Tron argues SEC ‘not a worldwide regulator’ and lawsuit goes ‘too far’
Tron asked for the SEC’s suit to be dismissed, saying it has no authority over “foreign digital asset offerings to foreign purchasers on global platforms.” The entity behind layer-1 blockchain Tron has asked a New York federal court to dismiss a United States Securities and Exchange Commission lawsuit against it, arguing the U.S. regulator targeting […]
Polygon CEO says L3s are taking value away from Ethereum, sparking debate
If all layer 3s settled to one layer 2, Ethereum would capture no value, and its security would be at risk, argues Polygon CEO Marc Boiron. Polygon CEO Marc Boiron has riled up debate on X over the weekend after arguing that layer-3 networks aren’t necessary to scale Ethereum and exist only to rob the […]
Don’t be too quick to ‘poo poo’ memecoins: Arthur Hayes
BitMEX co-founder Arthur Hayes believes the crypto industry should think twice before writing off all memecoins as “stupid and valueless.” BitMEX co-founder Arthur Hayes says one should be careful before labeling all memecoins as “stupid,” arguing they can be a net positive for the blockchain networks they’re launched on. In a March 30 interview with […]
Prisma Finance says $540K still at risk, hacker demands team reveal themselves
The decentralized borrowing protocol said there were still 14 accounts that have yet to revoke the affected smart contract that caused $11.6 million to be exploited last week. Decentralized finance (DeFi) firm Prisma Finance says there’s still $540,000 of funds from accounts yet to revoke the smart contract responsible for last week’s $11.6 million exploit. […]
What are Bitcoin whales and how to spot them?
Follow Bitcoin whales’ trails: track their tactics, from manipulation to stop-loss hunting and explore their market impact for navigating crypto trading. Bitcoin whales are people or organizations with substantial Bitcoin (BTC) holdings who are capable of influencing the market through their trading tactics. The term “Bitcoin whale” is colloquially used to denote a holder with […]
SEC’s spot Ether ETF concerns unfounded, Consensys asserts
Consensys highlighted that Ethereum boasts a larger developer community than Bitcoin and operates on a fully transparent and public blockchain. Consensys addressed the United States Securities and Exchange Commission (SEC)’s inquiry about potential fraud and manipulation risks related to Ethereum’s proof-of-stake system, particularly concerning spot Ether exchange-traded funds (ETFs). In a comment letter submitted to […]
Web3 startups flock to accelerators as crypto enthusiasm surges
Investment activity in Web3 gaming has steadily increased in scale and frequency lately. In the midst of renewed enthusiasm for cryptocurrency initiatives, certain Web3 startups are seeking advantages through accelerator programs. Accelerator programs offer founders mentorship and guidance in return for early equity. Y Combinator, based in San Francisco, is renowned, boasting several crypto firms […]
