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Cryptocurrency exchange Bybit has announced the shutdown of its non-fungible token (NFT) marketplace.In an April 1 announcement, Bybit warned its users that its NFT marketplace will cease operations on April 8 at 4:00 pm (UTC). Furthermore, at that time, the exchange will also shut down its Inscription Marketplace and its initial decentralized exchange offering initiative.The announcement explains that the measures are part of Bybit’s “efforts to streamline our offerings.” The decision follows a similar decision by major NFT marketplace X2Y2 announced earlier this week.Charu Sethi, president at NFT-focused Polkadot and Kusama chain Unique Network, told Cointelegraph at the time that…

IMX sees 17% gain, with breakout indicating potential 68% rally. Liquidity inflows and NFT sector growth fuel IMX’s bullish momentum. In the past 24 hours, Immutable [IMX] has dominated the crypto market as the top gainer, with a 17% increase. This bullish momentum has persisted for over four weeks. AMBCrypto’s analysis indicates more upside potential as market activity gears up for a further upward move. IMX breaks out, but that isn’t all IMX has broken through a resistance line to the upside, leading to its rally in the past 24 hours. Market analysis shows that this breakout is likely the…

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. The Bitcoin price has just printed a major bullish signal, officially confirming a strong local bottom and sparking renewed sentiment among analysts. This bullish shift comes after April closed in the green, reclaiming technical levels and signaling the potential…

The Run A Node Grants Round wanted to reach different users exploring blockchain, learning, community efforts, and research purposes. The aim of this round was to encourage the exploration of a diverse range of ideas for operating nodes beyond running a validator, such as facilitating data queries for research, examining node performance under severe conditions, or enhancing node UX. Applicants had the option to select a Dappnode or provide specs to receive a stipend for a custom build.We received a total of 243 applications. Out of all the applications we evaluated, we selected 35 recipients from 23 different countries to…

The IRS lost two key directors working on crypto initiatives, Seth Wilks and Raj Mukherjee, on Friday after they accepted deferred resignation offers directed by the Department of Government Efficiency.Wilks and Mukherjee, who both went to the IRS from the crypto industry, are technically still employees with the IRS for the next few months but they are on paid administrative leave as of Friday afternoon, two people familiar with the situation told CoinDesk. President Donald Trump’s administration, through DOGE, offered deferred resignations to a wide array of federal employees earlier this year.Wilks, who was previously a vice president at TaxBit,…

PowerPool (CVP) soared 156.9%, topping the day’s crypto gainers with $2.5M market cap. AI and DeFi tokens like PUNDIAI, BEETS, and BAL posted strong double-digit gains. High-cap assets like EGP and IMX also rose, signaling broad momentum across market caps. PowerPool (CVP) recorded the highest gain among cryptocurrencies on May 2, 2025, rising by 156.9% in 24 hours. According to Phoenix Group data, the token surged to $0.07 and was actively traded on Gate.io. Following the sharp uptick, CVP’s market capitalization reached $2.5 million. The rally positioned the token at the top of the daily gainers list, ahead of larger…

While at the MIT Bitcoin Expo last month I was able to sit down with Bitcoin Core developer Sjors Provoost.  Sjors is a physicist turned Bitcoin developer, which believe it or not is actually a pretty common phenomenon. He began contributing to Bitcoin Core in 2017, a very turbulent time during which the activation of Segregated Witness was playing out  in the culmination of the block size wars with the User Activated Softfork and the New York Agreement.  He is also the co-host of Bitcoin, Explained, a podcast done with Aaron van Wirdum, the current Editor in Chief of Bitcoin…

Merchants in Cannes, France, the site of the international Cannes Film Festival, are set to begin accepting crypto payments by summer this year in an effort to attract clientele with high disposable income by modernizing the city’s commercial payment ecosystem.According to Artem Shaginyan, founder and head of strategy of Web3 payment company Lunu Pay, the Cannes municipal government is aiming for a 90% adoption rate among local merchants. The executive also told Cointelegraph:”This is a big signal. When a city like Cannes, known globally for culture and commerce, starts integrating crypto at scale, it shows that Web3 payments aren’t just…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure With the broader crypto market’s renewed bullish condition, Ethereum is beginning to demonstrate robust upward movements as it hovers near the pivotal $1,900 level. Following the recent bullish performance, investors and traders are choosing to hold onto their coins, as indicated by a sharp drop in ETH’s exchange reserves. Exchanges Ethereum Reserves Drop Sharply Ethereum’s price has picked up its pace once again, reclaiming above $1,800 amidst favorable market conditions. During the positive period, investors appear to have been withdrawing ETH from major exchanges, especially Binance, the…

Merchants in Cannes, France, the site of the international Cannes Film Festival, are set to begin accepting crypto payments by summer this year in an effort to attract clientele with high disposable income by modernizing the city’s commercial payment ecosystem.According to Artem Shaginyan, founder and head of strategy of Web3 payment company Lunu Pay, the Cannes municipal government is aiming for a 90% adoption rate among local merchants. The executive also told Cointelegraph:”This is a big signal. When a city like Cannes, known globally for culture and commerce, starts integrating crypto at scale, it shows that Web3 payments aren’t just…