Crypto markets experienced significant volatility just prior to Bitcoin‘s halving event, causing the asset to fluctuate between $61,000 and $64,000. Based on CoinGlass’s report, the market instability caused numerous Bitcoin (BTC) liquidations and affected various digital assets. The longest BTC positions were significantly impacted on April 18 when the token dipped below $62,000. In the … Read more
Natalia Latka, a regulatory affairs and policy expert at Merkle Science, the blockchain analysis firm, points out that the increased focus on the Bitcoin halving could potentially influence future regulatory decisions. Latka noted that although regulations and regulators’ attitudes remain unchanged, the economic and market influences of halving events might indirectly impact regulatory decisions, particularly … Read more
The Worldcoin Foundation is introducing a new Layer-2 blockchain named World Chain. This innovative blockchain solution aims to solve scalability problems and boost network performance by implementing advanced authentication techniques and focusing on human users. World Chain: A Layer 2 Blockchain Solution Sam Altman, CEO of OpenAI, and the Worldcoin Foundation, in partnership with Tools … Read more
Anticipation is high for Altseason, with leading altcoins drawing significant investor interest. One such crypto asset poised for potential new heights and record-breaking gains is Avalanche (AVAX). Relatively new on the blockchain scene, AVAX has the capability to open up a fresh growth opportunity in the coming months, according to industry experts. In 2020, Avalanche … Read more
Recently, the value of the Pax Dollar (USDP) stablecoin deviated from its intended peg to the US dollar, leading its price to spike up to $1.29 on April 16, before eventually stabilizing at around $1. A representative from Paxos explained that this depeg was not due to any issues with their protocol, but rather resulted … Read more