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VIRTUAL, the native cryptocurrency of the Base-based Virtuals Protocol for creating and owning AI agents, has outperformed all major cryptocurrencies, including bitcoin (BTC), over the past four weeks. This rally is characterized by increased participation from the “smart money” wallets, according to on-chain data tracked by Nansen.VIRTUAL has rallied 207% to $1.66 in 30 days to rank as the best performer among the top 100 tokens by market value, according to data source CoinDesk. Prices have risen 11% in the past seven days. Market leader bitcoin, meanwhile, has gained just 13% in four weeks, with flat performance over the past…
Crypto asset manager CoinShares says institutional digital asset investors have poured $5.5 billion into crypto over the past three weeks. According to its latest Digital Asset Flows Weekly report, CoinShares says that crypto products enjoyed inflows of $2 billion last week alone. “Digital asset investment products recorded a third consecutive week of inflows, totaling US$2bn last week. This brings total inflows over the past three weeks to US$5.5bn, marking a dramatic shift in sentiment following nine weeks of significant outflows. Total inflows year-to-date (YTD) now total US$5.6bn while recent price moves have seen total assets under management (AuM) rise to…
Bitcoin Core developers have decided to remove a limit on transaction data in the next network upgrade, enabling more data to be included in a more efficient way. “Bitcoin Core’s next release will, by default, relay and mine transactions whose OP_RETURN outputs exceed 80 bytes and allow any number of these outputs,” read the announcement on GitHub by Bitcoin developer Greg Sanders on May 5. The long-standing limit was originally a “gentle signal that block space should be used sparingly for non-payment proof of publication data,” has outlived its utility, he added. The proposal (PR 32359) was created by Bitcoin pioneer Peter Todd…
The new “Digital Asset Market Structure Discussion Draft” introduced by House Republicans on May 5 could work to reduce the dominance of large crypto firms and promote more participation in the broader market, according to an executive from Paradigm. The discussion draft, led by the House agricultural and financial services committee chairs Glenn Thompson and French Hill, is an “incremental, albeit meaningful, rewrite” of the Financial Innovation and Technology for the 21st Century Act (FIT21), Paradigm’s vice president of regulatory affairs Justin Slaughter said in a May 5 X post.One-pager of the digital asset market structure discussion draft submitted by House…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. After enduring months of aggressive selling pressure, Ethereum is finally showing signs of life. As bullish momentum slowly builds, hopes for a recovery rally are beginning to resurface. While ETH continues to trade below the key $2,000 mark, bulls…
Bearish swing structure meant investors can maintain their bearish outlook Short-term momentum was bullish, but a move beyond $90 may be difficult A decision on the Litecoin [LTC] ETF application by Canary Capital is due for a decision by Monday, 05 May. In a post on X, James Seyffart, the analyst specializing in exchange-traded funds (ETFs), noted that the SEC has not delayed this application, although it could get delayed on Monday. He elaborated further, stating that LTC had a good chance of an early approval. News of an approval could boost LTC’s bullish prospects, but traders must note that…
Despite ongoing consolidation across the broader crypto market, Tron (TRX) has managed to maintain a steady upward trajectory. The token has recorded a 2.6% increase over the past two weeks and is currently trading at $0.2495, reflecting a 0.7% uptick in the last 24 hours. This relative strength comes at a time when several major altcoins are experiencing muted price action. Tron’s stability amid broader volatility has drawn the attention of market participants analyzing on-chain dynamics for insight into potential future moves. Tron On-Chain Trends Suggest Network Consolidation According to a recent analysis by CryptoQuant contributor BorisVest, the Tron network…
Greetings, Ethereum builders and enthusiasts! We’re thrilled to announce that ticket sales for the Devconnect Cowork in Istanbul are now open! 🥳 You can get your tickets here,and also see that our website got a fresh new makeover! 💅 Come back here right after you snagged your ticket, to learn more about the Devconnect Cowork, planning your trip to Istanbul, and what to expect from the Devconnect schedule. The Legendary Devconnect Cowork 💻🦄 The concept of Devconnect works only because of the independent teams that organize events during Devconnect week. One thing we (the Devconnect team) are aiming to do…
In traditional finance, the phrase “Sell in May and go away” reflects a strategy of exiting markets in May to avoid the summer lull. But does this approach hold true in the world of cryptocurrencies? Especially for leading assets like Bitcoin (BTC) and Ripple (XRP), historical data and current market volatility suggest a far more complex picture.Historical Trends: “Sell in May” in the Crypto MarketSince Bitcoin emerged as a mainstream financial asset, May has consistently been a month worth watching. Reliable data from StatMuse and Binance reveals that in May 2017, Bitcoin surpassed the $2,000 mark for the first time,…
As May rolls in, crypto traders are once again sizing up their portfolios, deciding where the real opportunities lie. The long-standing debate between Dogecoin (DOGE) and RCO Finance (RCOF) is heating up, with fresh momentum and data sparking renewed comparisons. Dogecoin, ever popular for its meme culture and tight-knit community, still holds a nostalgic charm. But beneath the surface, cracks are starting to show. A mix of global economic tension and DOGE’s growing market maturity are beginning to dampen its profit potential. Analysts now suggest Dogecoin’s growth may be limited to around 150% year-over-year. That might sound decent at first…
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