Why is Bitcoin down from its March high?

Bitcoin experienced a decline from its high in March, driven by a more powerful US dollar and geopolitical tensions. What might lie ahead for it? Bitcoin’s price has dropped significantly, sitting at approximately $63,000 as of April 16th. This is a departure from its record-breaking high of $73,750 reached on March 14th, representing a 15% … Read more

TON reveals Memelandia hub for meme coin developers

The Memelandia development hub for meme coin creators was introduced by the Open Network blockchain team. The TON team shared that the Open Network (TON) project is included in their incentive initiative, designed to boost and draw focus to fresh meme coins. Their ultimate goal is to establish a thriving, dedicated, and engaged community for … Read more

U.S. Senator expresses CBDC concerns, supports Bitcoin

During a recent discussion, U.S. Senator Marsha Blackburn brought attention to the potential privacy concerns and government monitoring issues associated with Central Bank Digital Currencies and Bitcoin. At the Bitcoin Policy Summit, the Republican representative from Tennessee raised alarming thoughts about Central Bank Digital Currencies (CBDCs). He cautioned that these currencies could be used by … Read more

Bitcoin Halving Could Pave the Way for Greener Mining Operations

With the expected Bitcoin halving happening soon, which reduces block rewards from 6.25 BTC to 3.125 BTC, mining companies might experience a hit in profits due to increased hash rates. Nevertheless, this transition could result in a more eco-friendly and sustainable Bitcoin mining ecosystem. Based on the analysis of Matteo Greco, a researcher at Fineqia … Read more

TOKEN2049 Conference Hit by Dubai Flood, Goers ‘Liquidated’

At the highly esteemed TOKEN2049 crypto conference in Dubai, which is known worldwide, there have been major interruptions. A powerful storm has caused flooding not only at the conference site but also in the surrounding area, and the event, scheduled to end on April 21, has been affected as a result. In spite of an … Read more