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BTC and ETH Derivative Tokens Dominate by Securing Several Top Positions in the Crypto Economy

BTC and ETH Derivative Tokens Dominate by Securing Several Top Positions in the Crypto EconomyThroughout this month, bitcoin and ethereum have risen to their highest valuations in years. These two pivotal crypto assets have substantially influenced the cryptocurrency market, with bitcoin currently holding a 51.9% market dominance and ethereum at 17% as of mid-March 2024. Furthermore, in recent years, derivative tokens of bitcoin and ether have garnered significant popularity. […]

Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year

Unveiling ‘Mr. 100’ — The Mystery Bitcoin Wallet Linked to Upbit’s Cold Storage

Unveiling ‘Mr. 100’ — The Mystery Bitcoin Wallet Linked to Upbit’s Cold StorageIn the last two months, the crypto community has been buzzing about a wallet affectionately named ‘Mr. 100.’ This moniker originates from its pattern of receiving 100 bitcoin deposits every few days, leading to speculation that it might belong to a wealthy individual from the Middle East. However, onchain analysts from Arkham Intelligence suspect that […]

Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year

NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency Downturn

NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency DownturnIn tandem with the broader downturn of the cryptocurrency market this week, the non-fungible token (NFT) sector also experienced a downturn in sales over the preceding seven days. From March 9 to March 16, 2024, the NFT market witnessed sales amounting to $358,080,260, a decline of 16.55% from the previous week. NFT Sales Decline Across […]

Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year

Web3 OS Lowers Operating Costs Without Sacrificing Blockchain Security – Brendan Cooper

Web3 OS Lowers Operating Costs Without Sacrificing Blockchain Security – Brendan CooperAccording to Brendan Cooper, a core contributor at Andromeda, the widespread distribution and adoption of the Web3 operating system (OS) will likely result in the emergence of new business models, much like what happened with the Web2 OS. The Web3 OS is also likely to simplify “how developers and users interact with the resources provided […]

Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year

Transition from BRC-20 to BRC-420 Tokens Signifies ‘Maturation Within Bitcoin-Based Defi,’ Says Mithil Thakore

Transition from BRC-20 to BRC-420 Tokens Signifies ‘Maturation Within Bitcoin-Based Defi,’ Says Mithil ThakoreWhile the Bitcoin network is poised to see significant growth in its Layer-2 (L2) ecosystem, “finding an optimal mechanism to maintain finality” on the network remains an inherent limitation that prevents this from happening, Mithil Thakore, the co-founder and CEO of Velar, has said. Thakore also identified the yet-to-be-optimized “bridging of native Layer-1 (L1) assets […]

Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year

Bifrost and Stacks Foundation Team up to Enhance Bitcoin Utility

Bifrost and Stacks Foundation Team up to Enhance Bitcoin UtilityIn a recent development, the Bifrost Foundation has allied with the Stacks Foundation to explore new opportunities within the Bitcoin ecosystem. This partnership is dedicated to harnessing Bitcoin’s potential by introducing innovative use cases and improving interoperability with assets and protocols based on Bitcoin. Bifrost and Stacks Foundation Partner to Expand Bitcoin Ecosystem On Thursday, […]

Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year

BNB Chain Launches Rollup-as-a-Service to Bolster L2 Blockchain Development

BNB Chain Launches Rollup-as-a-Service to Bolster L2 Blockchain DevelopmentOn Thursday, the team behind BNB Chain introduced a novel Rollup-as-a-Service (RaaS) offering for the development of layer two blockchains (L2s) atop the BNB Chain. The team detailed that the service equips sizable decentralized applications (dapps), enterprises, and the BNB Chain with the essential technological framework required for launching specific L2s on BNB Smart Chain […]

Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year

Goldman Sachs, CBOE, Standard Chartered, and Others Complete Blockchain Interoperability Pilot on Canton Network

Goldman Sachs, CBOE, Standard Chartered, and Others Complete Blockchain Interoperability Pilot on Canton NetworkGoldman Sachs, the CBOE, Standard Chartered, and other financial institutions participated in the pilot of the Canton Network, a protocol aiming to achieve interoperability in apps using resources from various blockchains. Digital Asset, the company behind the pilot, stated that this test showed the opportunity to reduce costs, risk, and inefficiencies by using this kind […]

Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year

Ethereum’s Dencun Upgrade Goes Live, Promises Lower Fees and Enhanced Scalability

Ethereum’s Dencun Upgrade Goes Live, Promises Lower Fees and Enhanced ScalabilityThe Dencun upgrade was seamlessly integrated into the Ethereum mainnet at 9:55 Eastern Time (ET) on March 13, 2024. The upgrade officially went live at Beacon slot 8626176. Ethereum’s Leap Forward with Dencun Upgrade Expected to drastically lower the transaction costs for layer two (L2) networks, Dencun introduces vital improvements aimed at boosting Ethereum’s scalability. […]

Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year

Ethereum Challenger Monad Labs in Talks to Raise $200 Million

Ethereum Challenger Monad Labs in Talks to Raise 0 MillionThe smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3 billion. Monad Labs Building Platform to Challenge Ethereum Monad Labs, a smart contract platform, […]

Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year