Biblical floods hit Dubai, disrupting Blockchain Life and Token2049

Extreme weather conditions are causing significant problems for Dubai’s infrastructure just as cryptocurrency industry leaders have flocked to the city for numerous conferences. On April 16, crypto events like Blockchain Life and Token2049 faced an unexpected turn of events in Dubai as rainfall reached unprecedented levels within a day, leading to schedule modifications. Blockchain Life … Read more

Parcl Real Estate Betting Withdrawals Hit $74M Post-Airdrop

Over $74 million has been taken out of the Parcl real estate betting platform, which runs on the Solana blockchain, by investors since the April airdrop event’s snapshot was taken. On April 15, users who qualified received PRCL tokens from Parcl as rewards, with the number of tokens determined by their accumulated points as of … Read more

PSG Fan Token Surges 25% After Victory Over Barcelona

Paris Saint-Germain (PSG) earned a spot in the UEFA Champions League semifinals following their impressive 4-1 victory over Barcelona in the quarterfinal match held in Barcelona, Spain on the previous night. The triumph ignited enthusiasm among PSG supporters and investors, causing a significant 25% increase in the value of their fan tokens during the game. … Read more

ETH positive sentiment rallies, average network fees reach 11-week low

The cost of Ethereum (ETH) has picked up speed, with investor confidence showing a significant increase. In the last 24 hours, ETH has gained a 0.3% increase and is priced at $3,080 now. Its market capitalization reaches an impressive $370 billion. Yet, Ethereum’s daily trading volume experienced a significant decline, dropping to $17.1 billion (a … Read more

Spot Bitcoin ETFs See $58M Outflows in Last 24 Hours

On Tuesday, April 16, there were withdrawals of $58 million from Bitcoin ETFs tracked by Farside Investors. This marks the third straight day of outflows, suggesting a decrease in market activity for Bitcoin ETFs. In spite of the ongoing decrease, there are indications of progress. The Grayscale Bitcoin ETF GBTC recorded inflows of $79.4 million … Read more