An anonymous NFT collector has suffered a $10 million loss after selling one of the rarest CryptoPunks on Thursday. On-chain data shows that Punk #3100 changed hands for 4,000 ETH, translating to approximately $6.07 million via a private transaction on the official CryptoPunks marketplace. The NFT is one of just nine Alien Punks in the […]
TL;DR Pi Network’s native token reacted well to the recent crash that pushed it to an all-time low and is up by over 50% on a weekly scale. Its daily double-digit surge has positioned it close to the top 30 altcoins by market cap, but it remains far off its peak. PI Token Price. Source: […]
In a landmark move, US President Donald Trump on April 10 signed into law a resolution repealing the IRS’s controversial “DeFi Broker Rule” and effectively blocked expanded tax reporting requirements for decentralized finance platforms. The measure, introduced by Representative Mike Carey (R-Ohio) and supported in the Senate by Senator Ted Cruz (R-Texas), used the Congressional […]
For the last two months, cryptocurrencies have been in correction mode, with spot trading volume for bitcoin (BTC) and altcoins declining by tens of billions of dollars. Despite this plunge in spot trading volume, the world’s largest crypto exchange, Binance, has continued to lead other platforms, with its share of spot volume increasing by the […]
Around 28,000 Bitcoin options contracts will expire on Friday, April 4, and they have a notional value of roughly $2.25 billion. This week’s event is pretty similar to previous weeks, where derivatives trading has been somewhat muted, so the impact on spot markets is likely to be minimal. Markets have been extremely volatile this week, […]
In a post on Ethereum Magicians on April 11, the mathematician proposed a roadmap that focuses on making private transactions and anonymous onchain interactions more accessible and natural for everyday users without needing major changes to the network’s core protocol. The proposed roadmap covers four primary key forms of privacy: privacy of onchain payments, partial […]
Bitcoin (BTC) has weathered one of its most volatile periods in recent months, yet top analysts remain unfazed. According to Matt Hougan, Chief Investment Officer at the $12 billion asset manager Bitwise, BTC isn’t just surviving; it’s preparing for an unprecedented surge. Bitcoin Poised for Liftoff “Bitcoin bulls should be inspired by its performance,” Hougan […]
TL;DR Shiba Inu’s stablecoin is still unavailable, awaiting certain regulations before its launch. However, other SHIB-related tokens like LEASH, BONE, and TREAT are already live, offering staking rewards, metaverse involvement, and other benefits to users. Launch on the Way? The stablecoin SHI is one of the tokens within the Shiba Inu ecosystem that remains under […]
Almost $250 billion has reentered spot crypto markets over the past 12 hours or so in reaction to the 90-day pause and lowering of reciprocal tariffs by the US president. Total market capitalization has returned to $2.7 trillion in a 6% daily gain, recovering almost all losses over the past few days of bleeding out. […]
TL;DR PI marked a solid daily gain, driven by the broader crypto market recovery following the eased trade tension between the USA and numerous countries. Community members noted the pump, with some envisioning a rally above $2.50 in the near future. The native cryptocurrency of Pi Network witnessed a substantial resurgence several hours ago, with […]