According to BitMEX’s co-founder Arthur Hayes, the upcoming Bitcoin halving and the monetary measures taken by the Federal Reserve and Treasury will fuel a frenzy of crypto asset sales and potentially cause a market downturn lasting for several weeks. In a blog post on April 8, Hayes expressed his conviction that the Bitcoin halving would … Read more
Solana programmers aim to address a “development glitch” that occurred recently and led to a significant increase in transaction failures on the Solana network, by April 15. According to Mert Mumtaz, the CEO of Helius Labs, the current problem Solana is experiencing isn’t a flaw in its design, but rather a glitch in its implementation. … Read more
FLOKI’s popularity across social media platforms grew materially in the last 24 hours. The price of FLOKI witnessed an uptick, however, network growth continued to fall. Recently, Dogewhiz[WIF] has gained significant attention in the meme coin marketplace. Consequently, tokens like Flokinu[FLOKI] have been overshadowed. Yet, with the hype surrounding WIF starting to settle down, there’s … Read more
XRP maintained a higher timeframe bullish structure. Its inability to fight beyond the short-term range was concerning. Before the deadline, Ripple (XRP) experienced some growth, with Bitcoin‘s price leap from $69,200 to $71,200 leading the way. Although this increase was only around 3% for XRP, it set a positive tone for the week’s trading. In … Read more
ONDO’s price witnessed a massive correction over the last week caused by whale behavior. Despite the price volatility, the protocol continued to see growth in terms of TVL. Recently, Ondo Finance (ONDO) experienced significant growth due to increasing demand for protocols connected to Real-World Assets (RWAs). This surge was largely fueled by the actions of … Read more
The US securities regulatory body has postponed its verdict on permitting the New York Stock Exchange to provide options trading for Bitcoin ETFS (Exchange-Traded Funds). Based on the SEC’s objection as stated in the April 8 document, trading of options on the Bitwise Bitcoin ETF (BITB), Grayscale Bitcoin Trust (GBTC), and any other trust with … Read more