TikTok parent company explores on-chain possibilities for Web3 gaming and AI

BytePlus, the business wing of ByteDance, the corporation behind TikTok’s creation, has revealed plans to enter the Web3 realm by partnering with Mysten Labs, the innovative team behind the Sui blockchain platform. On April 17, BytePlus announced its intentions to leverage its expertise in AI and data warehousing to strengthen the Sui platform, specifically benefiting … Read more

Top five BTC miners not selling despite Bitcoin halving

The top five Bitcoin mining companies aren’t offloading their BTC stocks, in contrast to expectations, with the imminent Bitcoin halving bringing about a 50% decrease in new supply issuance. In Q1 2024, the top five Bitcoin mining companies saw their sales reach a two-year minimum, selling around 2,000 BTC collectively as reported on April 10th … Read more

Is Ethereum turning bullish? This indicator is the key

Ethereum’s Taker Buy Sell Ratio attempts to breach the center line in an uptrend. However, bearish sentiments continue to grow. According to CryptoQuant’s data, the Taker Buy Sell Ratio of Ethereum’s ETH is about to surpass its middle point, implying an increase in buying enthusiasm among traders despite current market instability. The Taker Buy-Sell Ratio … Read more

‘Real opportunity’ for Bitcoin Runes will come after first wave of investor hype

A new method called Bitcoin Runes is about to be launched for creating interchangeable digital tokens using the Bitcoin blockchain. This event is scheduled to occur simultaneous with the Bitcoin halving, which is anticipated to take place later in the week. However, Ignas, a pseudonymous researcher in the decentralized finance (DeFi) field, believes that the … Read more