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The Ethereum-based NFT collection Moonbirds witnessed a remarkable surge in both prices and trading volume on Friday, sparked by the revelation of Yuga Labs’ acquisition of the collection’s intellectual property and collaboration with its creator Proof. While this announcement brought substantial attention and value to Moonbirds NFTs, concerns have arisen over potential insider trading due

Fidelity Digital Assets has recently unveiled its 2024 market outlook, drawing attention to critical aspects of the Bitcoin landscape, including its growth trajectory, the condition of miners, and potential scenarios for the near future. Amidst the prevailing bullish narratives fueled by expanding Latin American adoption and the recent approval of spot Bitcoin ETFs by the

ARK Invest, spearheaded by influential Bitcoin advocate Cathie Wood, has opted to sell a substantial amount of Coinbase stock ahead of the crypto exchange’s robust earnings report. In a report on Thursday, ARK Invest disclosed the sale of $34.3 million worth of Coinbase shares across three of its funds: the ARK Innovation ETF (ARKK), the

Bitcoin’s recent surge past the $52,000 mark has not only marked a significant milestone in its journey but has also unveiled a complex interplay of factors driving this remarkable uptrend. This surge, indicative of Bitcoin’s growing appeal and acceptance, is closely linked to the robust inflows into U.S. spot Bitcoin exchange-traded funds (ETFs) and the

Binance, the world’s largest cryptocurrency exchange, has witnessed an unprecedented surge in trading volume, with First Digital USD (FDUSD) pairs emerging as the primary driver behind this remarkable uptrend. On February 12, FDUSD trading pairs commanded an impressive 38% share of Binance’s total spot trading volume, signifying a substantial 42.6% increase compared to the previous

The surge in Bitcoin futures open interest, now exceeding $21 billion, reflects a dynamic market landscape reminiscent of the bullish conditions witnessed in November 2021, when Bitcoin reached its previous peak. The cryptocurrency’s current trading value of around $49,700, maintaining stability over the last 24 hours, is accompanied by a year-to-date increase in futures open

The crypto gaming and NFT platform PlayDapp has experienced multiple security breaches that evolved into a critical situation, with cumulative losses now surpassing an alarming $290 million, marking one of the most significant security incidents in the Web3 space. Elliptic, a blockchain analytics firm, detailed the vulnerability in a report released on Tuesday. It involved the

In a strategic and forward-thinking move, Ripple has officially announced its intent to acquire Standard Custody & Trust Company, a digital asset platform based in New York. This acquisition, pending regulatory approval, holds the potential to reshape Ripple’s position in the financial sector, especially within the intricacies of regulatory compliance and blockchain technology innovation. Ripple

As we stand on the cusp of a digital revolution, the blockchain technology landscape is witnessing unprecedented growth, fueled by a quest for decentralization, transparency, and enhanced security. This technological evolution is not just transforming financial transactions but is also redefining how we approach commerce, governance, and community building in a digital age. Amidst this

In the coming months, Bitcoin is poised to undergo a pivotal event known as “halving,” a process that will substantially diminish the reward for miners who successfully validate a block. This event, anticipated for mid-April 2024, has traditionally been interpreted as a bullish indicator for Bitcoin, with sustained price upticks often observed post-halving. Nevertheless, analysts