Recent trends in the crypto market have indicated a notable shift in trader behavior, particularly among those investing in Bitcoin. Using data from CryptoQuant, Bloomberg has revealed that the Bitcoin funding rate—the cost for traders to open long positions in Bitcoin’s perpetual futures—has turned negative for the first time since …
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Taylor Swift. Scott Eisen/TAS23/Getty Images for TAS Rights Management Taylor Swift gave fans a new perspective on The Tortured Poets Department in the album’s first music video for “Fortnight.” The singer, 34, dropped the video at 8 p.m. ET on Friday, April 19, just hours after the release of her …
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Edgar Pavlovsky, the founder of MarginFi, announced his resignation on Wednesday following an internal dispute within the protocol’s builder, Mrgn. Pavlovsky’s abrupt exit resulted in withdrawals from investors, causing MarginFi’s Total Value Locked (TVL) to plummet by $120 million. Uninterrupted Operations Pavlovsky announced his resignation from MarginFi, expressing dissatisfaction with …
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Edgar Pavlovsky, the founder of MarginFi, announced his resignation on Wednesday following an internal dispute within the protocol’s builder, Mrgn. Pavlovsky’s abrupt exit resulted in withdrawals from investors, causing MarginFi’s Total Value Locked (TVL) to plummet by $120 million. Uninterrupted Operations Pavlovsky announced his resignation from MarginFi, expressing dissatisfaction with …
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Amid the issues that continue to plague the network, the Solana open interest has seen a drop in the last week. This drop coincides with a decline in the cryptocurrency’s price, suggesting that investors may be getting wary of waiting for a fix to come through. Solana Open Interest Drops …
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On-chain data shows the Bitcoin difficulty has seen a drop in the latest network adjustment, suggesting the miners have stopped their expansion. Bitcoin Difficulty Drops 1% As Hashrate Remains Flat The “difficulty” is an in-built feature of the Bitcoin network that controls how hard the miners would find it to …
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ETHFI, the governance token of the decentralized liquid staking protocol Ether.fi, debuted for $4.13 following its distribution through its airdrop on March 18. However, since the $210 million airdrop, the value of ETHFI has experienced a significant decline, plummeting over 35% to its current trading price of $3.05, according to …
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French Montana, recognized as the highest-streaming African-born artist with over 40 billion streams, has set a new precedent in the music and crypto realms by becoming the first mainstream artist to inscribe an entire song into the Bitcoin blockchain. The announcement, made through the Mac & Cheese 5 account on …
Read More »The Shiba Inu team has released the latest edition of the Shib Magazine, highlighting a new partnership and an innovative project set to potentially transform the Shiba Inu ecosystem. Shiba Inu Makes Strategic Partnership In a recent X (formerly Twitter) post, Shiba Inu’s co-founder and lead developer, Shytoshi Kusama shed …
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On-chain data shows Bitcoin currently has a thick supply wall between the $60,300 and $62,155 levels that may prevent the asset from falling lower. A Large Amount Of Bitcoin Was Bought Near Current Prices As explained by analyst Ali in a new post on X, BTC has a major support …
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Despite the landmark launch of spot Bitcoin Exchange-Traded Funds (ETFs) spearheaded by industry behemoths BlackRock and Fidelity—ranking among the top five ETF launches in their initial month of all time—BTC’s price response has been notably subdued. Prior to the launch of these EFTs, BTC soared to a peak of $49,040 …
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Only Beyoncé could successfully pull attention away from Taylor Swift and the 2024 Super Bowl. On Sunday night, Verizon aired a Super Bowl commercial that featured an exciting announcement from Beyoncé: new music is on the way. The intricate, self-referencing advertisement saw Beyoncé playfully wear a number of different hats, …
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