On April 20th, the significant Bitcoin halving took place, signifying the mining of the 840,000th block on the most extensive blockchain. Although there was much excitement and expectation leading up to this occurrence, the value of Bitcoin (BTC) remained relatively unchanged. Based on available information, the cost of Bitcoin reached $63,976 when the crucial block … Read more
With the steady advancement toward a digital world economy, cryptocurrencies have emerged as a groundbreaking technology and a major financial trend. The meteoric rise of cryptocurrencies signifies a fundamental change in our understanding of money, investments, and economic exchanges on a global level. In simpler terms, this up-and-coming market is shaking up the norms of … Read more
The fourth bitcoin halving is here, and with it comes the long-awaited introduction of the Runes protocol. analogous to how Ethereum uses ERC-20, Runes serves as the new standard for creating fungible tokens on the bitcoin platform. Consequently, a diverse array of assets, including meme currencies and governance tokens, can now be developed within the … Read more
Amidst growing excitement about a potential increase in Bitcoin‘s value following the halving event, investments in Bitcoin ETFs in the US saw a turnaround on April 19th, bringing an end to five consecutive days of outflows with inflows totaling $59.7 million. This surge was primarily driven by FBTC, which recorded $54.8 million in new investments, … Read more
Gavin Wood, the founder of Polkadot, has unveiled a document, referred to as the “Gray Paper,” detailing the upcoming enhancements to Polkadot through the Join-Accumulate Machine (JAM) update. During his speech about Polkadot’s upcoming developments at the Token2049 cryptocurrency event in Dubai, Wood shared the news. The Future Of Polkadot Wood asserts that JAM represents … Read more