Vaibhavv Ali
MKR, the governance token of MakerDAO, a prominent stablecoin lending protocol, has garnered attention from institutional investors. MKR accrual is increasing According to the on-chain tracking platform Spot On Chain, 13 wallets have withdrawn a total of 13,560 MKR tokens, valued at nearly $46 million based on current market prices, from Binance over the past … Read more
Bitcoin (BTC) is poised to build on Wednesday’s increase, hovering near $70,800, while ether (ETH) is trading above $3,500, as the market continues to digest higher-than-expected U.S. CPI data and slowing outflows from the Grayscale Bitcoin Trust (GBTC). “Despite a hawkish CPI report and robust inflation figures, Bitcoin demonstrated resilience, experiencing only a slight retracement … Read more
Edgar Pavlovsky, the CEO of MarginFi, the company behind the cryptocurrency borrowing and lending platform, resigned on Wednesday as internal conflicts within the major Solana DeFi project became public. In a resignation notice on X (formerly Twitter), Pavlovsky stated, “I don’t agree with the way things have been done internally or externally.” MarginFi’s official account … Read more
Paraguayan senators have put a pause on the proposed ban on cryptocurrency mining, and are now considering the option of selling surplus energy from the Itaipu hydropower plant to miners instead of exporting it to Brazil and Argentina. During a senate session on April 10, Senator Lilian Samaniego confirmed that there will be a debate … Read more
PUPS, a memecoin project running on the Bitcoin blockchain, has surged in value, with its price soaring by 1,075% over the past week. According to CoinGecko data, PUPS is presently trading at $45.40, just shy of its recent all-time peak of $47.44, which occurred during the early Asian market session. Sales of PUPS NFT Soar … Read more
The price of Cardano’s native token, $ADA, has experienced a decline of 19.2% over the past month amid a broader downturn in the cryptocurrency market. Despite this, analysts suggest that its current value positions it favorably for a potential upswing. Renowned cryptocurrency analyst Ali Martinez recently compared Cardano’s price movement to patterns observed between 2018 and … Read more
Don’t miss the exclusive VC and Founders Summit in Dubai – FUTURUM EVENT! The event is aimed at an audience who want to launch and promote their startup in the UAE, get benefits and support, meet DIFC representatives and residents and get feedback on their project from VCs ▪️17th April ▪️ 13:00-16:00 ▪️ DIFC Innovation hub, Dubai, … Read more
On April 15, the securities regulator for Hong Kong plans to approve the first set of Spot Bitcoin ETFs. On Wednesday their availability is anticipated to start about two weeks after approval. According to financial commentators, the initial Spot Bitcoin ETF in Hong Kong may have a market value of $20 billion. Compared to comparable … Read more
WIF and PEPE’s values show slight increases during the past day, however DOGE’s price has dropped by 5%. As of press time, the price of Dogecoin (DOGE) had dropped by about 5% over the previous day, while the prices of other popular meme assets had somewhat increased. CoinMarketCap reports that during that time, the prices … Read more
In November of last year, Google Cloud was one of the testnet participants for EigenLayer. The restaking protocol and its ecosystem have reached a significant milestone with the debut of Google Cloud’s EigenLayer mainnet node operator. The company’s EigenLayer mainnet operator on X (formerly Twitter) has successfully launched, according to Sam Padilla, Web3 product manager and … Read more