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Publications

Ripple CEO Expects Crypto Market Cap to Double This Year — 'I'm Very Optimistic' Ripple CEO Brad Garlinghouse says he is “very optimistic” about the crypto market, predicting it could double its market cap this year. The executive explained that the macro trends, such as the spot bitcoin exchange-traded funds (ETFs), are driving “real institutional money” into the crypto space for the first time.
W Token's Rollercoaster Day: From $ 1.25 Low to $ 1.66 All-Time High Following Ethena’s ENA airdrop, the community has shifted its focus on Wormhole’s airdrop W, which has been listed on various centralized exchange platforms and coin market cap aggregators. The new token known as W has seen an extremely volatile day with the price tapping an all-time high at $ 1.66 per coin.
Bitcoin Halving Inches Closer With Fewer Than 2,900 Blocks Remaining The next Bitcoin halving is on the horizon, drawing closer with each passing block and anticipated to take place anywhere between April 18 to April 22, 2024, at the milestone of block 840,000. Following this event, the reward for mining a block will halve from 6.25 bitcoins to 3.125 bitcoins. The following is a thorough exploration of what you need to understand regarding the fourth Bitcoin halving.
Stablecoin Market Swells With Growth in March, Led by Ethena's USDE This month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $ 150 billion mark on March 20, 2024, with an infusion of an additional $ 1.4 billion into the arena since then. Leading the pack in supply growth for March was Ethena’s USDE, soaring by 194.9% over the last 30 days.
Celo Cements Its Stablecoin Allegiance: Transaction Fees Now Can Be Paid With Stablecoins Celo, a low-fee, usability-focused blockchain network, has approved a proposal to allow transaction fees to be paid with stablecoins. Network users can now transact only by holding USDC in their wallets, abstracting the complexity of holding other tokens. This also benefits newcomers, making it easier for them to make transactions.
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Buterin, Yakovenko and Gün Sirer: Crypto Creators Take on the Meme Coin Phenomenon The meme coin phenomenon, where communities produce tokens with no other support than a meme behind it, has given rise to opposing opinions. These range from the most positive ones, which regard them as value-affirming elements, to the negative ones, which state that there is no value behind them. Bitcoin.com News examines the views of Solana’s Anatoly Yakovenko, Avalanche’s Emin Gün Sirer, and Ethereum’s Vitalik Buterin on the subject.
Dogwifhat Rises to Become the Third-Largest Meme Coin by Market Valuation This week, the crypto asset dogwifhat (WIF), a meme coin, ascended to the third-highest valuation among all meme tokens. In the last day, WIF appreciated by 17% against the U.S. dollar and saw a 435% increase over the past 30 days.
$ 20 Million in Bitcoin Long Positions Liquidated as Price Tumbles From Intraday High The price of bitcoin saw a significant fluctuation after remaining fairly consolidated over the past two days. After bulls managed to see bitcoin’s price rise to $ 71,754, the value dropped to a low of $ 68,557 per unit shortly after reaching the daily high.
Bitcoin Miner Bitdeer Seeks $ 100 Million for Mining Capacity Expansion Bitcoin miner Bitdeer is reportedly in discussions with private credit firms to secure $ 100 million in funding to expand its mining capacity. It is believed that the cryptocurrency miner has engaged a financial adviser to assist with the negotiations.
Russia to Clarify Cryptocurrency Mining Gray Areas, Including Payments Anton Siluanov, the finance minister of Russia, is prepared to discuss the gray areas surrounding cryptocurrency mining and the use of its proceeding for payments. In a recent lecture, Siluanov stated that the government needed to agree “on what can be done with cryptocurrency,” and “what cannot be done,” recognizing that the issue had been discussed for years.
Russia Discusses Testing Digital Ruble for Budget Payments The Central Bank of Russia and the Russian treasury are considering testing using the Russian CBDC, the digital ruble, to complete budget settlements. The tests would involve using this CBDC to make payments to businesses and citizens and receiving payments from these in CBDC, to ensure the targeted use of these funds.
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Bitcoin Climbs Above $ 70,000, Marking a Stellar Recovery On Monday, bitcoin’s value soared back to the $ 70,000 mark after a decline to just under $ 60,000 the previous week. Over the last 24 hours, its value against the U.S. dollar has increased by 7%, reaching a peak of $ 70,645 for each unit.
Jupiter Soars by Nearly 100%, Leading This Week's Crypto Gainers Over the past week, bitcoin and ethereum faced declines, while a number of alternative cryptocurrencies enjoyed significant appreciation. Notably, JUP soared by 99.5% against the dollar, with WIF climbing 42% and SOL increasing 37% in the same period.