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“# What the forks? Bitcoin Cash and Ethereum Classic see triple-digit rallies ” It’s undeniable that Bitcoin (BTC) and Ethereum (ETH) are currently the two most dominant cryptocurrencies and as a result they receive the most of the attention from the mainstream media, institutional investors, and retail investors, but this doesn’t mean that the sector…
“# Ethereum bulls hedge their bets ahead of next week’s $250M ETH options expiry ” Ether (ETH) paved the way for lower transaction costs with the Berlin upgrade on April 15. However, traders already know that the Ethereum Improvement Proposal 1559 is the most anticipated and controversial change scheduled for the upcoming London hard fork….
“# Is DeFi yield appetite rising again? Enso raises $5M as YFI hits new highs ” The appetite for DeFi is rising again as blue chips are rallying and yield-earning strategy-sharing platforms, like Enso, are on the rise. Enso, a platform where users can share yield-earning strategies, raised $5 million on April 13 from top…
“# Record $600M BNB burn suggests Binance made $750M in profit in Q1 ” Binance Coin (BNB) saw its 15th burn to date on Friday. According to on-chain data, Binance burned nearly $600 million worth of BNB tokens. Historically, Binance has burned around 20% of the exchange’s profits. But in the last burn, Binance burned…
“# Dogecoin whales move $12B in one day — Twice as much as Ether ” Dogecoin’s (DOGE) dramatic surge up the market capitalization rankings coincided with the reawakening of DOGE whales as the blockchain’s metrics surged to new heights in the past 24 hours. Over $12 billion worth of DOGE was transferred across the blockchain…
“# Bitmain’s new Ether ASIC mining rig may not fix GPU shortage after all ” Cryptocurrency mining rig manufacturer Bitmain announced the pending release of a new Ether (ETH) miner on April 16. The Antminer E9 model is an application-specific integrated circuit chip, which will run on the Ethereum blockchain’s Ethash algorithm. No official release…
“# Dogecoin doubles in a day as YTD gains hit 5,000% while Bitcoin price dips ” Dogecoin (DOGE), the meme-based altcoin which has become a favorite talking point of Elon Musk, has doubled in 24 hours to hit all-time highs of $0.29. DOGE/USD 1-hour candle chart (Bittrex). Source: Tradingview DOGE leaves others in the dust…
“# Email server breach sees Celsians targeted by phishing attacks ” Crypto asset lending platform, Celsius Network, has revealed an email server breach that resulted in malicious phishing links being sent to customers. An April 15 announcement notes that some of Celsius’ customers have been receiving emails and SMS messages directing them to a malicious…
“# Our Man in Shanghai: Coinbase listing scorned, graphics cards seized, nostalgia coins rule ” It was a relatively quiet week in China’s blockchain space as events were overshadowed by the surge in the BTC price and the Coinbase direct listing in the U.S. Many locals reacted with surprise to the news, showing that exposure…
“# Shift toward full decentralization pushes Maker (MKR) price above $4K ” Stablecoins have become a significant foundational piece for the cryptocurrency sector because they serve as a deeply liquid base pair for most assets and also offer investors a secure place to capture gains. Data also shows that stablecoins play a significant role in…