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Cryptography News
Zycrypto
1d
159
Image Credit: Zycrypto
Bitcoin Whales Powerful Enough to Revive Bullish Rally, Data Reveals
- Bitcoin whale activity on the network has dropped since March 14.
- A surge in whale transactions could boost Bitcoin prices.
- Small Bitcoin holders are accumulating, while whales have been redistributing.
- Bitcoin experienced a downward reversal amidst bearish sentiments.
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Siliconangle
1d
121
Image Credit: Siliconangle
Lagrange raises $13M to build blockchain-based cryptographic ‘big data’-scale computation
- Lagrange Labs raises $13.2 million in seed funding to scale up blockchain-based cryptographic computation.
- Funding round led by Peter Thiel's Founders Fund, with participation from other investors.
- Lagrange aims to use the funding to develop its technology stack and build partner projects.
- The company's ZK Coprocessor enables scalable data and computation across blockchains.
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Bitcoinmagazine
1d
175
Your Wealth Is Melting: Why Bitcoin Is The Deep Freeze Your Portfolio Desperately Needs
- Bitcoin with its unique monetary properties redefines the concept of saving and money.
- Unlike traditional assets, bitcoin has an immutable, fixed supply and operates on a programmatic, exponentially decreasing supply schedule, making it immune to inflationary tendencies.
- Bitcoin is becoming the scarcest form of money ever existed, due to its decentralization and aggregate functions.
- Money solved the double coincidence of wants & individuals within economic systems converge on one best tool to be used as money, now bitcoin.
- Bitcoin is fungible, portable, durable, and divisible, with superior monetary properties that make it the world’s first perfectly scarce good with sufficient monetary properties.
- Bitcoin serves as a constant to measure other asset classes against and makes it clear that the ways the long-term value of all these asset classes are challenged.
- Traditional saving methods are vulnerable to being increased in quantity or devalued over time, and their streams of future cash flows can be competed away.
- In a world with bitcoin, we must ask if traditional assets are overvalued in light of their risk-adjusted returns.
- Bitcoin reintroduces the concept of true savings, making the distinction between savings and investment obvious once again.
- Bitcoin is a deep freeze at absolute zero compared to all the melting assets people use as savings vehicles today.
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Zycrypto
1d
370
Image Credit: Zycrypto
BlockDAG’s Enhanced Roadmap Bolsters Market Position Amid Surging Predictions & Shiba’s Potential Rise
- BlockDAG's enhanced roadmap is gaining attention as Shiba Inu's value rises.
- Despite market downturns, Solana shows resilience and remains a strong contender.
- BlockDAG's roadmap update sets new standards and predicts a potential return of 30,000x.
- The roadmap includes improvements in blockchain technology, user experience, and transparency.
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Cryptoslate
1d
49
Image Credit: Cryptoslate
Polkadot rolls out asynchronous backing to boost network efficiency and transaction speed
- Polkadot has implemented asynchronous backing, a pivotal upgrade enhancing the network’s flexibility in blockspace allocation and overall performance.
- According to Polkadot, asynchronous backing provides an optimized approach for validating parachain blocks by its relay chain.
- The upgrade would introduce a twofold acceleration in blockspace production time and a 3-5x increase in extrinsic per block, enhancing blockspace availability by 6-10x.
- Polkadot's asynchronous backing is expected to support decentralized applications, catering to diverse sectors like Web3 gaming and DeFi.
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Cryptopotato
1d
106
Image Credit: Cryptopotato
Coinbase’s Layer 2 Base Stands Out as Top Choice for New Capital
- Coinbase's Layer 2 solution, Base, continues to attract the most new capital compared to its competitors, according to analysis by IntoTheBlock.
- Net ETH deposits into Base exceeded 6,500 ETH this week, double that of Arbitrum and five times more than Optimism.
- Investors are likely choosing Base due to factors such as established infrastructure and perceived reliability.
- However, the growing popularity of Base has also made it a target for scammers, with significant thefts and increased scammer activity observed.
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Cryptonewsz
1d
339
Image Credit: Cryptonewsz
Ripple up in arms against the SEC
- Ripple and the SEC continue to clash over the company's legal standing.
- Ripple maintains its low profile and defends the legal standing of its XRP.
- The SEC insists that Ripple may resume its purported activities.
- XRP's value is expected to reach $10 in the near future.
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Bitcoinmagazine
1d
106
El Salvador's Bitcoin Beach Launches Campaign To Advance Circular BTC Economies Worldwide
- Bitcoin Beach, in collaboration with Geyser and the Federation of Bitcoin Circular Economies (FBCE), has launched a campaign to advance Bitcoin circular economies globally.
- The Bitcoin Beach Grants round aims to support emerging Bitcoin circular economies through local Bitcoin education, merchant adoption, and community initiatives.
- Participants will have access to educational resources, grant funding, and mentorship to elevate their local Bitcoin circular economy projects.
- A total of 0.5 BTC will be distributed across 22 projects, with additional funding reserves to support qualifying projects.
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Cryptonewsz
1d
114
Image Credit: Cryptonewsz
Dogecoin could lead the meme coin bull run, analyst suggests
- Crypto analysts suggest a promising potential for a meme-coin rally in May, including Dogecoin.
- Ali Martinez, a cryptocurrency expert, believes that the current price correction could kick off the next bullish phase for DOGE.
- In the past, Dogecoin has experienced significant drops followed by substantial gains, indicating the potential for future growth.
- Reaching the $0.20 mark could be a significant milestone for Dogecoin and may lead to further growth in May.
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Cryptopotato
1d
191
Image Credit: Cryptopotato
Is it Time to Buy Solana (SOL) Following the Recent Correction? This Trader Chips In
- Solana (SOL) has demonstrated strong recent performance, with analysts predicting new peaks before the end of 2024.
- Solana has been among the best-performing cryptocurrencies lately, registering a 20% increase on a weekly scale.
- Analysts like CryptoJack believe SOL has formed a rounding bottom pattern and expect it to reach an all-time high by the end of 2024.
- The success of Solana has coincided with the launch and price explosion of meme coins built on its network, with examples like WIF experiencing significant market capitalization growth.
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11 Likes
Financemagnates
1d
42
Image Credit: Financemagnates
Singapore Revisits Terraform Labs' Collapse, Clarifies Licensing Irregularities
- Singapore disowns collapsed cryptocurrency project Terraform Labs, stating it did not require a license from the MAS.
- Authorities in Singapore are reinforcing regulations in the cryptocurrency market to ensure investor protection.
- The MAS has implemented measures to enhance consumer protection and mitigate risks associated with cryptocurrency trading.
- The Securities and Exchange Commission of the United States is seeking $5.3 billion from Terraform Labs and its Co-Founder, Do Kwon, for fraud.
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Cryptopotato
1d
87
Image Credit: Cryptopotato
Is Polkadot Bound for a Massive Move Following Consolidation Around $7? (DOT Price Analysis)
- Polkadot experienced a surge, reaching the upper threshold of $7.4 but faced resistance.
- The market is uncertain about its future direction and is expected to continue consolidating.
- On the 4-hour chart, Polkadot's price is confined within a range between $6 and $7.4.
- Futures market sentiment suggests a potential for a significant move if demand intensifies.
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Cryptonewsz
1d
160
Image Credit: Cryptonewsz
Proposal for Ethereum Grayscale Ethereum ETF is No More
- The proposal for listing and trading shares of Grayscale's Ethereum ETFs has been withdrawn.
- The reason behind the withdrawal is unknown, and NYSE Arca declined to comment.
- The SEC had previously approved other Ethereum-based ETFs, but delays have hindered the approval for Grayscale's ETFs.
- Grayscale is pressuring the SEC for approval, but uncertainty and confusion surround the spot Ethereum ETF.
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Financemagnates
1d
328
Image Credit: Financemagnates
Nigeria Denies Binance's Bribery Allegations amidst Crypto Clash
- Nigeria denies Binance's bribery allegations amidst crypto clash.
- Nigeria refutes claims made by Binance, dismissing them as a diversionary tactic.
- Binance's CEO alleged coercive demands for a 'secret' payment to resolve issues within Nigeria.
- Binance employee detained in Nigeria faces multiple charges.
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19 Likes
Zycrypto
1d
351
Image Credit: Zycrypto
Penguiana Memecoin Presale Secures Over 500 SOL In Record Time
- Penguiana, a meme coin project on Solana, raised over 500 SOL in record time during its presale launch.
- Penguiana aims to combine penguins with play-to-earn gaming, offering transactions and playable penguin character NFTs in its upcoming game.
- With a fixed supply of 100 million $PENGU tokens, the presale offers participants the chance to secure their share over a 31-day period.
- Penguiana emphasizes transparency and fairness, and plans to engage its community through incentives and exclusive NFT drops.
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