TON-Based Economy Starting to Take Root in Telegram, TON Foundation Says
Telegram’s pivot to toncoin payments for advertisements and the Open League reward program are boosting the token’s adoption.TON has gained 15% this month, outperforming the broader market. The economy using…
Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says
The broker said that ETFs are driving additional demand for the underlying crypto itself. Sovereign wealth funds are already likely invested in bitcoin, Canaccord said. More companies could follow MicroStrategy’s…
Liquid Restaking Protocol Puffer Raises $18M, Led by Brevan Howard, Electric Capital
According to a statement made by Puffer on Tuesday, they have successfully secured $18 million in their Series A financing round for their liquid restaking protocol. In a press statement,…
Spot Bitcoin ETF Flows Dry Up as Crypto Market Rout Continues
On the second consecutive day for Bitcoin spot ETFs freshly introduced, nine out of the eleven saw no new investments. According to initial data from Farside Investors, only Grayscale and…
Tether, Circle Diverge on How to Tackle Global Patchwork of Stablecoin Rules
The influx of traditional finance into crypto and the emergence of international variations in regulations is prompting contrasting responses from stablecoin issuers such as Tether and Circle. Circle admonishes what…
Bored Ape NFT Prices Tank to August 2022 Levels, Down 90% From Peak
The Bored Apes Yacht Club NFT collection experienced a significant price decline of over 90%, dropping from a peak of 120 ETH to just over 10 ETH. This decline reflects…
Crypto Markets’ Recovery Halted as Bitcoin (BTC) Dumped Below $62K Again (Market Watch)
Yesterday, Bitcoin experienced a significant rebound and reached a peak price of $67,000. However, the market situation took a turn for the worse, leading to a sharp decline in value…
Bitcoin Miner CEOs Are Upbeat Ahead of the Halving, Expect M&A: Bernstein
Mining stocks have underperformed bitcoin this year. The CEOs of these companies remain upbeat ahead of the halving citing stronger balance sheets, the report said. Some CEOs noted the potential…
Bear Market Blues Return as Analyst Predicts 30% Bitcoin Correction to $51K
The excitement surrounding the bull market in cryptocurrencies seems to have suddenly ended, as the correction persists and digital assets continue to decrease in value. On April 16, well-known market…
Analyst Who Called Bitcoin’s Pre-Halving Rally to $70K Turns Bearish
Dwindling odds of Fed rate cuts and rising bond yields have weakened the bullish case in cryptocurrencies and stocks.Flows into the U.S.-listed spot BTC ETFs have dried. A analyst who…