After the latest Bitcoin halving, there’s been increased interest among traders to examine Bitcoin’s ability to withstand potential prolonged market declines. The concept of “hodling” or holding onto Bitcoin for an extended period is gaining traction in discussions. According to Santiment, an analysis tool for markets, there’s been a noteworthy shift among investors towards safer … Read more
Drift, the decentralized exchange powered by Solana, announced intentions to introduce its governance token in conjunction with an airdrop distributing 100 million tokens. The Drift Foundation’s governance token enables users to cast votes on proposed protocol changes and decisions, which are initiated by community members. In a recent update on April 16, it was announced … Read more
Approaching the Bitcoin halving, top Bitcoin mining CEOs voice confidence in their business outlook. According to a Bernstein report, these executives are skillfully managing present market conditions, backed by robust financial standings and forward-thinking strategies. Strategic Moves Boost Miner Confidence Based on Bernstein’s research study, Bitcoin (BTC) miners have not done well in relation to … Read more
Nuklai, a Layer 1 blockchain platform that boosts data environments for artificial intelligence progress, will soon hold a Token Generation Event (TGE) and unveil several exchange listings for its native currency, $NAI. An Initial DEX Offering (IDO) occurred between April 15th and 16th on notable platforms such as ChainGPT Pad, Ape Terminal, and WePad. Demand … Read more
According to Glassnode’s analysis, the growing popularity of staking platforms could influence Ethereum‘s function as a monetary asset in the future. As of April 13, the introduction of EigenLayer and LRT staking mechanisms boosted Ethereum’s portion of staked coins to approximately a quarter of the total supply, amounting to around 31.4 million ETH. Analysts noted … Read more