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Bitcoin (BTC) surged to a 45-day high above $91,000 on April 22, and the upward movement coincided with gold reaching a new all-time high. The price gains reflect investors’ concerns over a potential economic recession amid ongoing global trade tensions.The tides are shifting, but does data support a Bitcoin price rally above $95,000?Bitcoin 2-month futures annualized premium. Source: Laevitas.chIn neutral markets, the Bitcoin futures premium typically ranges between 5% and 10% to compensate for the longer settlement period. At present, the annualized premium stands at 6%, which is not considered particularly bullish, even though BTC appreciated by $6,840 between April…
The XRP Ledger Foundation has identified a “serious vulnerability” in the official JavaScript library used for interacting with the XRP Ledger blockchain network, the nonprofit said.On April 22, blockchain security specialist Aikido said in a blog post that XRP Ledger’s open-source JavaScript library was “compromised by sophisticated attackers who put in a backdoor to steal cryptocurrency private keys and gain access to cryptocurrency wallets.” The JavaScript library includes programs enabling developers to interact with the XRP Ledger and is distinct from the blockchain network itself. ‘“[T]his package is used by hundreds of thousands of applications and websites making it a potentially catastrophic…
Ethereum has responded to a critical daily support level with a strong bounce, offering a glimmer of hope for bulls. However, price action remains within a larger range, and the path to recovery depends on structural confirmation and volume support. Ethereum recently found support at the key daily level of $1,550 after undergoing a steep and aggressive sell-off. This level has historically acted as a strong area of interest, and price reacted accordingly, printing a sharp 10% bounce to the upside. While this move looks promising in isolation, it’s important to note that it occurred within a broader bearish market…
India Adds 4.7M Developers in 2024, Will India Become the Global Leader in Web3 Development by 2028?
A booming ecosystem of developers, gamers, and investors suggests a seismic shift is underway. Could India, a nation already known for its tech prowess, soon claim the title of the world’s Web3 powerhouse? According to the freshly released India Web3 Landscape Report by Hashed Emergent, the signs are pointing to yes. With a projected trajectory to surpass the United States and boast the largest Web3 developer base by 2028, India’s ascent in the decentralized tech space is no longer a distant dream—it’s a tangible reality unfolding now. The third edition of this comprehensive report, unveiled today, paints a vivid picture…
Floki Plans FLOKI Token ETP in Switzerland Floki, the project behind the FLOKI token, is preparing to launch an exchange-traded product (ETP) on Switzerland’s SIX Swiss Exchange in the first quarter of 2025. If approved, this initiative would make FLOKI the second memecoin, after Dogecoin, to offer a regulated investment product in Europe. This move signifies an important step in bringing institutional-grade investment opportunities to the cryptocurrency market, bridging the gap between traditional finance and digital assets. The proposed ETP is being developed in partnership with a regulated asset manager and ETP issuer, aiming to make it accessible to both…
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. Ethereum is trading at key levels as price action consolidates above the $1,500 mark. After weeks of high volatility and macro-driven selling pressure, ETH is showing signs of stability — and analysts are watching closely. A breakout above nearby…
Polygon 2.0’s integration of various chains and the “Value Prop” database highlighting blockchain use cases signal significant advancements in the blockchain space. Highlighting Points Exciting developments for Polygon 2.0 aim to integrate various chains and create a unified blockchain platform for the industry. Polygon’s “Value Prop” open-source database showcases blockchain use cases and attracts interest from policymakers and major brands. Updates for the value prop include video testimonials to highlight real-world blockchain applications. Rebecca Rettig discusses regulatory questions and expresses satisfaction with the recent Ripple court decision on XRP. In a recent interview with CNBC, Rebecca Rettig, the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum‘s price continues to display notable weakness and volatility, recording bearish monthly performances in the past few months. Despite the prolonged waning price movements, the network has experienced an uptick in activity, with investors significantly flocking to the blockchain. Surge In Ethereum New Adoption Rate Even though Ethereum’s price has faced notable bearish pressure, the network is witnessing a fresh wave of adoption. In a recent X post, world-leading market intelligence and on-chain data platform IntoTheBlock revealed a sharp uptick in ETH’s new users adoption rate. According…
In an unprecedented move for a United States arts institution, the Museum of Fine Arts, Boston, will return a promised gift of Benin Bronzes and close the collection’s dedicated gallery on April 28. The gallery will ultimately transition into a space for displaying the MFA Boston’s collection of Nubian art, a small selection of which will go on view beginning May 1, followed by a “more robust” display when the works return from a touring exhibition. The Benin Bronzes—a group of thousands of bronze and ivory objects looted from the West African kingdom of Benin (present-day Nigeria) by British forces in…
XRP overtakes ETH in FDMC, highlighting strong projected value despite a lower circulating market cap. XRP shows price resilience as ETH struggles, hinting at a growing challenge to Ethereum’s altcoin leadership. In a surprising shake-up, Ripple’s XRP [XRP] has officially surpassed Ethereum [ETH] in fully diluted market capitalization (FDMC). While Ethereum’s momentum has faltered in the current bull cycle, XRP has maintained steady growth over the past six months, quietly closing the gap and overtaking ETH in this key indicator. Though Ethereum still holds a commanding lead in circulating market cap, XRP’s FDMC edge could signal a longer-term challenge to…
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