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 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
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
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
Whale transactions have risen significantly over the last few weeks Steady accumulation supported MKR’s price, with the same hiking by 36% in a month Institutional investors have taken notice of MKR, the token that governs the popular stablecoin lending platform MakerDAO. MKR accumulation on the rise Based on data from the monitoring platform Spot On … Read more
Paraguayan senators have put a hold on the advancement of the recent proposal to prohibit cryptocurrency mining. Now, government officials are reconsidering the possibility of letting miners buy surplus energy from Itaipu hydroelectric power plant instead of selling it to Brazil and Argentina as before. In a Senate session on April 10, Senator Lilian Samaniego … Read more