With Bitcoin dominance over the crypto market showing subtle signs of weakening, crypto analysts are now split on when the true altcoin season will arrive. According to data from CoinGecko, the altcoin market cap has fallen nearly 42% from its all-time high of over $1.89 trillion, reached in early December last year. The rally at…
Shiba Inu price continued its downward trend and neared a crucial support level even after Shibarium crossed a major milestone. Shiba Inu (SHIB), the second-biggest meme coin, dropped to $0.00001215, its lowest level since March 14, and 23% below its highest swing this year. The decline happened after Shibarium, its layer-2 network, crossed the 1…
Bitcoin ETFs posted a second consecutive month of net outflows, with inflows slowing as retail interest remains weak. Bitcoin ETFs have lost momentum after a strong January, with outflows continuing for a second month as retail interest stays weak and investor enthusiasm fades. https://twitter.com/Matrixport_EN/status/1906989627862597820/ In a recent research post on X, analysts at blockchain firm…
Watr, a blockchain infrastructure platform eyeing the $20 trillion global commodities industry, is set to tap into the blockchain features of the Avalanche network for traction. Watr announced the move to Avalanche (AVAX) on April 3 via a press release shared with crypto.news. According to the plaform, migration to the layer 1 blockchain allows for…
World Economic Forum founder Klaus Schwab is reportedly preparing to step down from his role as chairman. Here’s a look at how Schwab’s outlook on crypto influenced the wider global economy. According to a recent Financial Times report, Schwab has begun the process of stepping down from his role as chairman of the WEF board…
The Aptos Foundation has invested in Universal Health Token to accelerate the use of blockchain and Artificial Intelligence in decentralized healthcare solutions. According to a press release shared with crypto.news, Aptos Foundation, a nonprofit dedicated to supporting the development of the Aptos layer 1 blockchain, has made an “undisclosed investment” as a part of Aptos’…
The crypto market continues its strong downward trend as the fear and greed index slumped following Donald Trump’s “Liberation Day” speech. Bitcoin (BTC) crashed by 3.5% in the last 24 hours as it approached the crucial support at $80,000. Similarly, Ethereum (ETH) price dropped to $1,765, while Ripple (XRP) fell below the key support at…
Bitcoin and most cryptocurrencies slumped on Thursday, with their total market capitalization plunging by over 5.7% to $2.6 trillion. Pi Network (PI) was one of the worst performers as it dropped to a record low of $0.56, down by over 80% from its highest level in February. Pepe (PEPE), the third-biggest meme coin, dropped by…
Cryptocurrency exchange Bybit announced it will discontinue its NFT and Inscription marketplaces as well as shut down its IDO products. Crypto exchange Bybit is winding down support for its marketplaces for non-fungible tokens and Bitcoin-based NFTs known as inscriptions just weeks after it lost nearly $1.5 billion in the largest theft in the crypto industry….
Singapore-based fiat-to-crypto payments provider Alchemy Pay has expanded its solution with support for Hedera’s native token. The firm announced the integration of Hedera (HBAR) and USDC (USDC) on the blockchain platform on April 3, noting the on-ramp solution will allow users to buy the crypto assets seamlessly with credit card, bank transfer and via local…
