Babylon Labs has officially launched Babylon Genesis, the first-ever Layer-1 blockchain secured by Bitcoin. Babylon Labs (BABY) just announced that Babylon Genesis Layer-1. This launch follows the initial Phase 1 rollout in August 2024, which introduced Bitcoin (BTC) staking through self-custodial contracts. Since the initial launch, the protocol has attracted 49678.65 BTC ($4.06B) staked in…
After steep drops, can Bitcoin and equities build a base from here, or is the tariff pause just a pause, with China tensions still ready to reignite? Trump hits pause On Apr. 9, President Donald Trump posted an unexpected update on Truth Social, temporarily walking back one of the most aggressive trade policies in recent…
Bitcoin’s layer-2 ecosystem is growing, with institutions interested in BTC-denominated yields. For this reason, Hex Trust added stacks and sBTC to its offering. Bitcoin’s (BTC) DeFi ecosystem is expanding, and institutions are taking notice. On Thursday, April 10, digital asset custodian Hex Trust added Stacks (STX) and sBTC to its crypto offering. This means that…
MoonPay has announced the launch of MoonPay Labs, an accelerator designed to support pre-seed and seed-stage Web3 technical teams through capital, product support, and long-term growth strategies. MoonPay Labs will operate under an evergreen model by selecting up to five high-potential startups annually to receive personalized, ongoing support, according to a press release sent to…
Crypto prices bounced back on Thursday as the mood in the financial market shifted from extreme fear to euphoria within hours. Bitcoin (BTC) price was up 5% over the past 24 hours, trading above $81,000, while Solana (SOL) rose to $115. Some of the top-performing altcoins were Fartcoin (FARTCOIN), Flare (FLR), Bittensor (TAO), and Hedera…
Bitcoin inflows to Binance have surged over the past 12 days as today’s CPI data release looms — are investors bracing to sell? In his recent post on X, CryptoQuant’s Maarten Regterschot pointed out that over 22K Bitcoin (BTC) — worth approximately $1.82 billion — were transferred to Binance over the past 12 days. This…
US inflation dropped in March, raising optimism that the Federal Reserve will adopt a more dovish tone in upcoming meetings—boosting crypto prices. Data from the Bureau of Labor Statistics showed that the headline Consumer Price Index fell from 0.2% in February to -0.1% in March. On an annual basis, inflation declined from 2.8% to 2.4%,…
Cardano founder Charles Hoskinson predicts crypto will dominate the global financial market in the future, erasing the boundaries of TradFi and DeFi altogether. Meanwhile, Pierce sees a future where unbanked societies can benefit from the crypto wave. During the DNA House event in Paris on April 10, Hoskinson explained that the integration of the crypto…
As financial institutions, corporations, and governments increasingly began to adopt Bitcoin, some observers of the crypto market started to question whether the four-year cycle model typically applied to Bitcoin is still relevant. Let’s see how this cycle is designed and why many people doubt it is still reliable. An X account called Bitcoin Archive posted…
FLR formed a god candle today, breaking out of its multi-month downtrend amid investor hype around an upcoming upgrade to the network. Flare (FLR) rallied 51.8% to an intraday high of $0.0167 while bringing its market cap to over $927 million as of press time. Its rally came along with increased trading activity, with its…
