Markets

The Bitcoin network’s mining difficulty has experienced its largest negative adjustment since December 2022, when the bear market was in full gear. According to data from the real-time Bitcoin dashboard Bitbo, the mining difficulty fell 5.7% to 83.1 trillion on Thursday at block height 842,688. Bitcoin Mining Difficulty Negatively Adjusts Bitcoin’s mining difficulty measures how tough and time-consuming it is to produce a new block. The difficulty rises when the number of...

CoinspeakerDWF Labs and Binance at Center of Trading Controversy The controversy highlights some of the challenges faced by the crypto industry; establishing and maintaining the trust of investors and market participants. DWF Labs and Binance at Center of Trading Controversy

CoinspeakerESMA Considers Adding Crypto to €12T Investment Market, Seeks Expert Opinion ESMA wants feedback by August 7, 2024, about whether UCITS can include assets other than traditional stocks and bonds. ESMA Considers Adding Crypto to €12T Investment Market, Seeks Expert Opinion

[PRESS RELEASE – Lisbon, Portugal, May 9th, 2024] Azuro, the leading liquidity layer for onchain predictions, and Chiliz, the world’s premier sports and entertainment blockchain, are partnering up to accelerate the adoption of onchain sport prediction markets. These efforts will allow millions of fans worldwide to further support and cheer for their favorite teams and athletes through fair and transparent prediction apps. Chiliz Chain is renowned for its blockchain solutions...

[PRESS RELEASE – George Town, Cayman Islands, May 9th, 2024] Since its creation in 2018, SimpleSwap has been committed to providing its customers with straightforward, swift, and secure cryptocurrency exchange services. Celebrating its six-year anniversary in the market, this platform takes pride in its achievements and the changes it has undergone during this time. SimpleSwap’s Growth Over the course of six years, SimpleSwap has made significant steps in its development. Its...

Charting a Course in the Aftermath of Bitcoin’s Halving: Opportunities and Challenges Ahead The crypto market witnessed a flurry of historic events throughout April, setting the stage for potential shifts in the digital asset landscape. Amidst geopolitical tensions and U.S. macroeconomic uncertainties, the month unfolded with significant developments that captivated investors worldwide. Bitcoin’s Fourth Halving: A Consolidating Market April marked the long-awaited...

Bitgert is taking shape and looking good to set off to a new height in terms of value. It’s recorded some impressive positive movement in the last few weeks. It is one of the few projects that performed well in the brief dip that the crypto market experienced in the past week. Its strength is due to the provision of utilities that investors find essential to their survival in the blockchain sector. With this in place, demand for it has been on the rise, which...

Binance CEO Richard Teng has advocated for the release of Tigran Gambaryan, head of the crypto exchange’s Financial Crime Compliance team, who has been detained by the Nigerian government for over 70 days. Gambaryan reportedly flew to the country in February for talks on collaborative policy meetings, only to be detained later. This move by the Nigerian authorities has set a dangerous new precedent for all companies worldwide, Teng said in his statement. Arrest of Executives...

CoinspeakerBitMEX Unites Forces with PowerTrade to Launch Deribit Challenger BitMEX said its options trading platform will offer a full range of institutional-grade options for digital assets. BitMEX Unites Forces with PowerTrade to Launch Deribit Challenger

Layer 2 networks have witnessed massive activity this year, even as their native tokens slumped amidst intense volatility across the broader market. These solutions have witnessed relatively steady activity since the beginning of the year. However, the latest analysis by IntoTheBlock revealed that Base continues to be the primary attraction for new capital. Investors Flock to Base Over the course of this week, net ETH deposits into the Base have exceeded 6,500 ETH, marking a...