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The Bitcoin options market is showing signs of a potential price surge, with traders focusing on the $80,000 to $90,000 range by November's end. This trend, known as "reflexivity season," suggests a self-reinforcing cycle of higher prices as market participants' actions and expectations
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Bhutan, a small Himalayan kingdom with a population of less than 800,000, has quietly built up Bitcoin holdings worth $750 million according to Forbes. The holdings represent approximately 27.9% of Bhutan's estimated 2023 Gross Domestic Product of $2.686 billion. The country's venture into
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Non-fungible token (NFT) technology, previously associated primarily with Ethereum and other smart contract platforms, is now making inroads on the Bitcoin network. Recent developments have enabled the creation and trading of NFTs using Bitcoin's blockchain, potentially opening up new use cases for the world's largest cryptocurrency.
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I recently came across an editorial that's stirred up quite a debate in the cryptocurrency community. Published on a Friday morning by a major media outlet, it criticized presidential candidates for what it saw as pandering to the crypto industry, given the significant campaign donations they've
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The market has still not fully recovered from the massive FUD of many Tier-1 projects disappointing their users with their airdrop distribution, not to mention the flood of various clickers and mini apps. Amid all this, the EYWA project hit the radar when it announced the completion of the first
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Bitcoin sidechain developers have released a new whitepaper detailing the second version of Bitcoin Virtual Machine (BitVM2) and an updated BitVM Bridge. The document, shared by Alexei Zamyatin, co-author and co-founder of Bitcoin sidechain BOB, outlines significant improvements aimed at enhancing Bitcoin's transaction capacity and efficiency. The primary
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Blockchain, the foundational technology behind Bitcoin, has expanded far beyond its initial inception. Featuring a chain of blocks that store encrypted data linked together, blockchain ensures transparency and optimal security. This technology is not confined to finance alone but has proven potent across various sectors including healthcare, real estate, education,
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The technical charts for Bitcoin may look ugly right now, but I firmly believe the fundamentals are stronger than ever. This market correction, in my view, is nothing more than an opportunity to buy Bitcoin at a discount. Let me explain why I'm so confident in Bitcoin'
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StarChain, a decentralized science (DeSci) project focusing on astronomical research, has announced the unification of 500 terabytes of astronomical data on its platform. The announcement was made on August 5th, 2024, by Dr. Meijer, Chief Scientific Officer of StarChain. This development represents a significant step in the project's
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Cumulus Encrypted Storage System (CESS), a decentralized cloud storage and content delivery network, has launched its latest testnet called Venus on July 31, 2024. This new testnet follows the successful conclusion of testnet v0.7.6, which saw major updates and participation from over 10,000 storage node operators. The
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The recent attack on Compound's decentralized autonomous organization (DAO) has shed light on the fragility of governance systems in many cryptocurrency projects. On July 28, a group called the Golden Boys exploited Compound's voting mechanism, successfully passing a proposal that siphoned $24 million worth of COMP
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OpenSocial Protocol, a platform for building social applications on blockchain technology, has secured $6 million in strategic funding. The investment round was led by Framework Ventures and North Island Ventures, with participation from several other venture capital firms and angel investors in the Web3 space. This brings OpenSocial Protocol'
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MoonTaurus, a new cryptocurrency in the memecoin category, has launched its presale on July 24, 2024, raising $100,000 within the first two hours. The project, based in London, England, is structured with a multi-tiered presale system and aims to position itself as a significant player in the cryptocurrency market.
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Zircuit, a company developing an EVM-compatible ZK rollup with AI-enabled security features, has announced a successful Mainnet funding round. The investment saw participation from several prominent entities in the cryptocurrency space, including Binance Labs, Mirana Ventures, Amber Group, and others. Additionally, founders of notable blockchain projects such as Renzo, Etherfi,
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The U.S. Securities and Exchange Commission (SEC) has granted final approval for spot exchange-traded funds (ETFs) that hold Ethereum's ether (ETH), marking a significant milestone in the cryptocurrency industry. This decision comes after years of regulatory deliberation and follows the SEC's approval of bitcoin ETFs
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The recent correction in the cryptocurrency market may present an opportunity for long-term investors, according to Matt Hougan, chief investment officer at crypto asset manager Bitwise. In a recent investor note, Hougan outlined several key factors that could potentially drive Bitcoin's price to $100,000 by the end