In a report published on Friday, CoinShares (CS) indicated that following the bitcoin (BTC) halving, miners are expected to transition to using artificial intelligence (AI) in energy-rich locations due to potential higher profits. The quadrennial halving took place on Friday night, slowing the supply of bitcoin by 50%. Based on Coinshares’ report, mining companies such … Read more
Geoff Kendrick, the digital assets research leader at Standard Chartered, remains hopeful regarding Bitcoin‘s future and has established a predicted price of $150,000 by year-end. Based on Business Insider’s report, Kendrick expressed that Bitcoin’s price might even double in value this year. During an interview on BNN Bloomberg, Kendrick noted that Bitcoin (BTC) has experienced … Read more
Woo X, an online platform for trading cryptocurrencies, introduces a new feature enabling individual investors to buy tokenized American Treasury bills, a industry first. In partnership with OpenTrade based in London, we’ve introduced a new product called RWA (Real-World Assets) Earn Vaults. This creation aims to bring together the security of conventional financial assets and … Read more
After the recent Bitcoin halving, the price to transfer transactions dropped approximately 80% compared to its peak. After the Bitcoin (BTC) halving event a few days ago, Mempool.space, an on-chain analytics provider, revealed that the gas fees for low-priority transactions on the Bitcoin network were approximately $9.51, while medium-priority actions cost around $10.07 in transaction … Read more
To bring about a significant transformation in the disjointed market of Layer 2 solutions, DODO, the trailblazing decentralized exchange (DEX), introduces DODOchain – an all-encompassing trading platform at Layer 3, fortified by Arbitrum Orbit, EigenLayer, and AltLayer technologies. DODOchain strives to simplify the process of exchanging cryptocurrencies across various blockchains. Picture this: effortlessly trading Bitcoin … Read more