News

Chainlink: Checking LINK’s 20% drop amid a 4x jump in fees

by

The monthly fee revenue for CCIP jumped 4x last month. LINK slumped by 20% in the last month. In the year 2023, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) saw relatively little activity. However, there was a significant surge in network usage and fee income for CCIP during the year 2024. CCIP sees increased demand in bull … Read more

$250K Bitcoin? Tim Draper says halving, Bitcoin ETFs will drive demand

by

Famous investor Tim Draper anticipates Bitcoin‘s (BTC) value will more than double by the year 2024. He attributes this prediction to increasing investments in Bitcoin spot exchange-traded funds (ETFs), as well as the approaching Bitcoin halving event. During Paris Blockchain Week, Draper expressed to CryptoMoon his conviction that Bitcoin’s worth will significantly rise by 2024 … Read more

Solana’s slowdown: Exec reveals what’s clogging the network

by

Solana faced a surge in transaction failures, prompting worries regarding its network activity. Experts emphasized that Solana’s underlying protocol remains highly efficient. Lately, there have been many unsuccessful transactions on the Solana [SOL] network, causing worry among users about its capacity to manage heightened network usage. This issue has ignited discussions among the community regarding … Read more

Bitcoin bounces back as Grayscale ETF outflows hit new record low

by

The amount of Bitcoin leaving the Grayscale Bitcoin Trust (GBTC) has reached a fresh low, dropping nearly 90% compared to the previous day. This decrease occurred simultaneously with Bitcoin’s price bouncing back following the release of new US inflation figures, causing market turbulence. On April 10, there was a withdrawal of approximately $17.5 million from … Read more

Binance’s US settlement was a ‘turning page,’ says exec

by

Last year, Binance marked a significant milestone with a historic $4.3 billion settlement with US authorities. According to Catherine Chen, the exchange’s head of institutional and VIP clients, this event signified a new chapter for Binance as they embrace the approaching regulatory wave. Binance entered into an agreement as part of its settlement that involved … Read more