Vanar Chain, a layer-1 blockchain network, has launched a new artificial intelligence-powered compression and data authentication layer designed to address the industry’s longstanding issue with onchain storage. Vanar Chain is launching Neutron, an AI-native blockchain layer with data compression ratios of up to 500:1, which can reduce a standard 25 megabyte file to just 50…
A financial deal was supposed to help launch the MOVE crypto token.Instead, it led to a token-dumping scandal, a Binance ban, and behind-the-scenes infighting. Contracts obtained by CoinDesk help explain where it all went wrong. Movement, the blockchain project behind the MOVE cryptocurrency, is investigating whether it was deceived into signing a financial agreement that…
The Nasdaq exchange filed a 19b-4 form with the Securities and Exchange Commission (SEC) on Tuesday to approve listing and trading shares of the 21Shares Dogecoin ETF. Asset manager 21Shares submitted an S-1 registration with the SEC on April 10, as reported, in partnership with the House of Doge — the Dogecoin Foundation’s corporate arm…
By Francisco Rodrigues (All times ET unless indicated otherwise) Cryptocurrencies fell slightly in the past 24 hours, with the broad market CoinDesk 20 (CD20) index dropping 1.4%. Bitcoin (BTC) is little changed around $95,000. These figures are well within recently volatility ranges and come on the back of a strong monthly performance — BTC is…
TL;DR Alpaca Finance (ALPACA) saw an unexpected 2,300% price surge despite Binance announcing its delisting. Despite the major rally, traders should tread carefully since the RSI has entered overbought territory at a ratio of 93. The Gigantic Surge The cryptocurrency market is an unusual place, and it is not rare for certain tokens to experience…
[PRESS RELEASE – Victoria, Seychelles, April 30th, 2025] As an official sponsor of TOKEN2049 Dubai, global crypto exchange BYDFi has teamed up with industry-leading hardware wallet provider Ledger to release a limited edition co-branded Ledger Nano X. The exclusive wallets made their debut at the TOKEN2049 event, where attendees had the chance to receive them…
At 08:30 ET today, the Bureau of Economic Analysis is set to release its advance estimate for US Q1 GDP, with consensus expectations at a 0.3% seasonally adjusted annual rate. If confirmed, this would mark the weakest quarterly print since early 2022 and contrast starkly with the inflow of over $3 billion into spot Bitcoin…
Bitcoin (BTC) bulls just got a major vote of confidence from one of crypto’s most provocative minds. Speaking at the ongoing Token2049 conference in Dubai, BitMEX co-founder Arthur Hayes doubled down on his audacious prediction that Bitcoin will hit $1 million by 2028. A Bold Prediction The Maelstrom CIO declared to a packed audience, “It’s…
Key points: Bitcoin consolidates after upside momentum stalls, but traders are confident that upside breakout will result. Major risk-asset volatility is expected as US macro data precedes the monthly candle close. April BTC price performance is on track to be the best since 2020. Bitcoin (BTC) spent another day around $95,000 on April 30 as…
The U.S. regulator has ended its investigation into PayPal’s stablecoin, as Congress advances efforts to regulate the sector. The U.S. regulator has ended its investigation into PayPal’s stablecoin, as Congress advances efforts to regulate the sector. , Business Decrypt
