[PRESS RELEASE – Grand Cayman, Cayman Islands, April 22nd, 2024] Alibaba Cloud, AngelHack and dWallet are among the latest supporters for the global event. Sui, the Layer 1 blockchain that offers industry-leading performance and infinite horizontal scaling, has seen funding for Sui Overflow, the first-ever global virtual hackathon focused on creating exciting products on Sui, double in recent weeks with enthusiastic supporters contributing funds. Initially set at $500k, after...
Read More »CoinShares Report: Digital Asset Investment Products Suffer $206M Outflows, Ethereum Dips Further
[unable to retrieve full-text content]CoinspeakerCoinShares Report: Digital Asset Investment Products Suffer $206M Outflows, Ethereum Dips Further Ethereum continued its trend of outflows, recording its sixth consecutive week with a $34 million outflow. CoinShares Report: Digital Asset Investment Products Suffer $206M Outflows, Ethereum Dips Further
Read More »Riding the Bitgert Coin Rally: Post-Halving Momentum
The crypto community is on a change with the just concluded halving. The Bitcoin post halving comes with the biggest bull run in crypto history, as investors are anticipating the Bitcoin price to go over $100,000. However, with the halving comes a slash in price, and investors have to make smart decisions to mitigate risk and also earn. Bitgert BRISE presents this opportunity. What was once a passing momentum has now become one of the top altcoins and is even...
Read More »Bitcoin Layer 2 Coins Rally after BTC Halving Event 2024
[unable to retrieve full-text content]CoinspeakerBitcoin Layer 2 Coins Rally after BTC Halving Event 2024 Since the halving event, Stacks (STX) token surged by 20%, Elastos' ELA token has surged by 11%, while SatoshiVM's SAVM has seen a 5% increase in value. Bitcoin Layer 2 Coins Rally after BTC Halving Event 2024
Read More »BEFE Coin’s Investment Value: Seizing the Moment for Financial Gain
If you ask everyone one or two questions, they’ll tell you about their willingness to amass much wealth to cement their financial status. Now, what means are most of them not looking to achieve their aim? The answer is simple: crypto. As this exists, there are several meme coins in the market today. However, most of them aren’t investment-worthy because of their dip in value. Meme coins are tokens that mostly survive on the buzz of hype, and in periods where...
Read More »Bitcoin Halving Countdown: The Survival and Preparedness of Bitcoin Mining Industry
At the time of writing, there are less than 300 blocks left until the fourth Bitcoin halving. With blocks being generated on average every 10 minutes, we have less than two days before we witness this historic moment. As one of the most important narratives within the cryptocurrency industry, the Bitcoin halving is seen as a key catalyst for propelling the market into a new bull run, and it also signifies an impending major shift in the Bitcoin mining landscape....
Read More »Stellar Lumen (XLM) Price Could Gain Momentum If It Clears $0.12
Stellar lumen price is attempting a fresh increase from the $0.1020 zone against the US Dollar. XLM price is now trading above $0.1100 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.1140 on the 4-hour chart (data feed via Kraken). The pair could accelerate higher if there is a clear move above the $0.120 resistance zone. Stellar lumen price is trading in a positive zone above $0.1100 against the...
Read More »XRP Price Analysis: Bullish Signs Emerge Above $0.48
XRP price is attempting a fresh increase from the $0.40 support against the US dollar. The price is now trading above $0.480 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.5150 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.5450 resistance. XRP price is consolidating above $0.50 against the US Dollar, like Bitcoin. It must...
Read More »Here’s How Much Crypto Hong Kong’s Web3 Giant Animoca Brands Holds on Balance Sheet
Animoca Brands reported $558 million in digital assets on its balance sheet, as per its latest unaudited financial disclosures. Since December 2023, the company has acquired an additional $266 million in digital assets through various recent investments and token launches. According to the official announcement released earlier this week, the Hong Kong-based Web3 giant disclosed a cash and stablecoin balance of $291 million. Off the balance sheet, Animoca Brands’ Web3...
Read More »Railgun Denies North Korea Ties as it Approaches $1B Total Volume
Crypto privacy protocol Railgun has denied accusations that it is being used by North Korea and other United States-sanctioned entities to launder digital assets. This development comes as the crypto privacy protocol nears $1B total volume. Railgun Denies Lazarus Group Association Responding to claims made by crypto reporter Colin Wu through an X post, Railgun denied allegations linking it to the North Korean hacker group Lazarus Group. “The North Korean hacker group Lazarus...
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