Cryptocurrency investors in China have defied government restrictions to emerge as the fourth-largest earners globally in 2023, according to a report by blockchain research firm Chainalysis. Despite the government’s stringent stance on cryptocurrency-related activities, Chinese investors managed to accumulate an…
The Shiba Inu open interest has hit a snag after a particularly good run. The open interest had risen quickly alongside the price of the meme coin, which climbed close to its previous all-time high earlier in March. However, the…
Commerceblock has released a new atomic swap protocol for use with statechains on their Mercury Layer protocol. The HSM server has introduced functionality to support atomically swapping two statechains, as well as enforcing an atomic exchange of a statechain for…
This week in the Bitcoin and crypto markets is marked by several pivotal events that could significantly influence investor sentiment and market dynamics. Among them, central bank interest rate decisions, the Nvidia GTC conference, and the launch of Etherfi are…
The price of Bitcoin has been on a downward trend since it reached a new all-time of $73,000, ushering in a wave of speculations regarding the crypto asset’s next direction in the short term. In the past few days, Bitcoin’s…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. After…
Solana, the blockchain network known for its speed and scalability, has witnessed an unprecedented surge in decentralized finance (DeFi) activity, propelling its native token, SOL, to new heights. Not only has Solana’s DeFi total value locked (TVL) soared by over…
After a spectacular ascent to record highs, Bitcoin (BTC) is facing a reality check. The past week has seen a dramatic price correction, leaving investors wondering if this is a temporary setback or a sign of a more bearish future.…
Joe McCann, the CEO and CIO of the crypto hedge fund Asymmetric, recently made a bold statement on X (formerly Twitter), forecasting a $1 trillion market cap for Solana. McCann’s argument hinges on several key points that detail why he…
In a series of messages over the weekend, Charles Hoskinson, the founder of Cardano, addressed various concerns and rumors circulating about the project, specifically regarding the development of Hydra, partnerships, and the overall scaling strategy for the blockchain. Cardano Founder…