STX, the native token of Bitcoin layer-2 protocol Stacks, has surged 56% in seven days to become the week’s best-performing of the 100 biggest cryptocurrencies amid hopes for institutional adoption. The token hit a two-month high of 92 cents on Friday after gaining more than 21% in the past 24 hours to become the day’s…
The planning commission of Vilonia, Arkansas, unanimously rejected a proposal to establish a cryptocurrency mining facility within the city limits, following strong opposition from residents. According to local reports, the decision came after weeks of community pushback, where citizens voiced concerns over potential noise pollution, increased energy consumption and the overall environmental impact associated with…
Bitcoin-native crowdfunding platform Geyser introduced a Bitcoin Launchpad, a new mechanism designed to gate campaign access through community engagement thresholds rather than immediate fundraising. The update was announced on April 25 via X, targeting early-stage Bitcoin projects seeking visibility prior to launch. Community attention as a new gate to capital The Launchpad mechanism modifies how…
Policy mentions Parasol, owned by Sui’s Mysten Labs. SUI token up over 26%, breaks $3.58 resistance. Market cap now $11.66 billion, driven by whale buying. The Pokémon franchise may be edging closer to the Web3 world, sparking a wave of investor activity around the Sui blockchain and its native token, SUI. On 23 April, a…
When Zach Ingrasci and Chris Temple had the idea to make the documentary film Vitalik: An Ethereum Story, they were actually filming another documentary, and over the course of their filmmaking journey, they ended up capturing both a deeper, human look at the world of crypto and an end product that serves as a use…
ARK Invest raised its decade-end bitcoin (BTC) price target to as high as $2.4 million apiece after revising its assumptions on active supply, which excludes lost or long-held coins. The largest cryptocurrency by market value was recently trading around $94,000. The bull-projection figure, 60% more than its January 2024 estimate, reflects a 72% compound annual…
Non-fungible token (NFT) marketplace OpenSea regained its position as the leading platform for digital collectible trading, even as overall market activity declined. Data tracker NFTScan shows that OpenSea has held the top spot in NFT marketplace trading volume for the last 30 days. According to the data, OpenSea holds more than 40% of the market’s…
Ripple has raised $318.5 million in total, backed by Andreessen Horowitz and others. Acquires Hidden Road for $1.25 billion to expand in digital finance. Launch of RLUSD stablecoin positions Ripple for broader market role. Ripple has confirmed it will not pursue an initial public offering in 2025, marking a notable shift from years of market…
Sam “SBF” Bankman-Fried, the disgraced co-founder of collapsed cryptocurrency exchange FTX, to a low-security US federal correctional institution Bankman-Fried was moved to the low-security Terminal Island federal correctional institution. Previously, he was located at the Victorville medium-security facility, a notoriously violent place, according to prison consultant firm Elizabeth Franklin-Best. Samuel Goldfaden, a partner at the…
The price of bitcoin (BTC) price has recovered to $94,000 since hitting lows under $75,000 early this month. The surge is characterized by crypto whales, large investors with substantial capital, snapping up coins from the market, in activity seen as confirming the rally. The renewed demand from whales is evident in Glassnode’s proprietary Accumulation Trend…
