April 30, 2024

Ripple Reaches Further Into Japan With XRPL in Latest Partnership

On April 30, Ripple announced a partnership with HashKey Group, furthering its collaboration with financial services giant SBI Group. The joint venture with HashKey DX, a Tokyo-based specialized consulting company of the HashKey Group, aims to introduce XRP Ledger (XRPL) enterprise solutions to the Japanese market. HashKey DX will deploy supply chain finance solutions to...
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Griefing Attack on Bitcoin Testnet Generates Three Years’ Worth of Blocks in a Week

A griefing attack on the Bitcoin testnet recently caused a surge in network activity, resulting in the generation of over 165,000 blocks, equivalent to three years’ worth of blocks in just one week. The attacker, Jameson Lopp, co-founder and Chief Security Officer of Casa, publicly took credit for the incident, facing backlash from other Bitcoin...
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Top 3 Must-Buy Cryptocurrencies Picked by Experts: Solana (SOL), Shiba Inu (SHIB), and Furrever Token (FURR)

In the ever-volatile world of cryptocurrency, navigating through market fluctuations can be challenging, especially when facing losses from established assets like Solana (SOL) and Shiba Inu (SHIB), both down by 5%. However, amidst the uncertainty, investors seek opportunities to recover and potentially surpass their previous losses. Furrever Token (FURR) emerges as a promising contender, offering...
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SEC, Gary Gensler Viewed Ethereum as a Security for Over a Year, New Filings Reveal

While Bitcoin has been recognized as a commodity, the same cannot be said for Ethereum’s status, which has been more ambiguous due to its initial coin offering (ICO) in 2014. However, a new report suggests that the Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, seem to have believed that Ethereum is an...
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Runes Daily Tx Fees Drop by 98.4% to $1.03 Million Post-Halving: Glassnode

According to Glassnode data, Runes transactions generated $117 million in cumulative Bitcoin network fee revenue post-halving, with $62.4 million amassed on the day of the halving itself. However, this rise proved to be short-lived, recent data reveals that on April 28, Runes transactions only contributed $1.03 million in fees. Runes Dominates Bitcoin Network Post-Halving On...
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Tether (USDT) Stablecoin Still on Top, But for How Long?

Tether (USDT) has long reigned as the largest stablecoin in the cryptocurrency market, with its widespread adoption and liquidity making it a staple for traders and investors. However, recent reports suggest that its dominance is facing challenges. Despite holding onto the top spot, Tether is gradually losing its market share, largely due to intense competition....
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dWallet Network Integrates Native Multi-Chain DeFi with Monad

dWallet Network – the infrastructure for programmable native Bitcoin – announced adding support for EVM-compatible Layer 1 blockchain, Monad The latest integration unveiled on April 30th aims to solidify Monad’s position as the leading ecosystem for EVM builders, utilizing dWallet technology to introduce native multi-chain capabilities. Multi-Chain DeFi Integration According to the official press release...
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Sui Teams Up with Google Cloud to Drive Web3 Innovation with Enhanced Security, Scalability and AI Capabilities

[PRESS RELEASE – Palo Alto, California, April 30th, 2024] Collaboration focuses on tackling key Web3 challenges through data-driven insights, AI-powered development tools and zero-knowledge proofs Sui, the Layer 1 blockchain and smart contract platform created and launched by the core research team responsible for building Facebook’s Libra and Diem projects, is collaborating with Google Cloud...
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These Metrics Suggest It Is Time to Buy Bitcoin Amid BTC’s Price Drop: Bitfinex

Analysts at crypto exchange Bitfinex say several on-chain metrics are flashing the buy signal for bitcoin (BTC), indicating a potentially attractive entry point for market participants. According to the latest Bitfinex Alpha report, the Market Value to Realized Value (MVRV) measure and the open interest (OI) weighted funding rate, which shows the cost of holding...
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Will ORDI Price Bounce To $80 As Demand Resurfaces At $43?

As Bitcoin experiences another intraday spike in supply, so do the altcoins and the close cousins of Bitcoin. Amidst such conditions, the ORDI price trend shows a likelihood of a bullish turnaround after days of correction.  With a shift in the underlying sentiments, the altcoin stands at a pivotal stage with a great risk-to-reward entry...
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Now Live: Pre-Launch Futures Contract for EIGEN with 2x Leverage

A new Pre-Launch futures contract for EIGEN (EigenLayer) – EIGENUSDTK24 – is now available to trade on BitMEX. The new listing is margined in Tether (USDT) and offers up to 2x leverage so you can long or short EIGEN before it’s listed on spot exchanges. Trading for EIGENUSDTK24 started here at 09:00 UTC on 30...
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MicroStrategy Acquires More Bitcoin Amid Revenue Decline and Net Loss

Business intelligence company MicroStrategy continues to increase its bitcoin stash, with a recent purchase of 122 BTC for nearly $8 million. In 2024 alone, the NASDAQ-listed giant has bought over 25,000 BTC. The company, which continues to remain the world’s largest corporate holder of Bitcoin, also reported a net loss and a decline in revenue...
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Hong Kong Spot Bitcoin, Ethereum ETFs Go Live, Issuers Expect Huge Launch Day 

Hong Kong is open for business as its bourse now includes spot Bitcoin and the world’s first spot Ethereum ETFs, which went live at 09.30 local time. According to the HKEX website, Asia’s first spot crypto asset ETFs are “trading now” with 14 new funds listed. Three ETF issuers have listed products – China Asset...
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Bitcoin, Ethereum Investment Products See Outflows, Altcoins Defy Bearish Trend

Outflows in digital asset investment products continued for the third week in a row. The latest weekly outflow of $435 million marked the highest outflow since March. According to the latest report by CoinShares, the trading volumes in Exchange-Traded Products (ETPs) dropped to $11.8 billion last week from $18 billion the previous week, with Bitcoin...
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Bitcoin (BTC) $ 69,518.63 0.31%
Ethereum (ETH) $ 2,491.86 0.93%
Tether (USDT) $ 0.999947 0.03%
BNB (BNB) $ 569.39 0.56%
Solana (SOL) $ 164.92 1.01%
USDC (USDC) $ 1.00 0.07%
XRP (XRP) $ 0.509964 1.26%
Lido Staked Ether (STETH) $ 2,490.88 0.82%
Dogecoin (DOGE) $ 0.15994 0.40%
TRON (TRX) $ 0.166229 0.71%