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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

JPMorgan revises bitcoin production cost estimate to $45,000
JPMorgan revises bitcoin production cost estimate to $45,000

JPMorgan has revised its bitcoin production cost estimate to $45,000 for now, noting ongoing hashrate shifts post-halving.Its previous estimate was $42,000, which still remains for the medium term, JPMorgan’s Nikolaos Panigirtzoglou told The Block.

The Block·2024/05/16 18:31
Solana token launcher Pump.fun suffers flash loan exploit
Solana token launcher Pump.fun suffers flash loan exploit

The exploiter seems to be using flash loans to get enough SOL to buy out Pump.fun memecoin bonding curves.

The Block·2024/05/16 17:28
BlackRock spot bitcoin ETF's over 400 holders is 'mind boggling': Bloomberg analyst
BlackRock spot bitcoin ETF's over 400 holders is 'mind boggling': Bloomberg analyst

Bloomberg ETF analyst Eric Balchunas said BlackRock having more than 400 holders report they own its spot bitcoin ETF is a “mind boggling” result.With $844 million worth of BlackRock’s ETF, Millennium Management led the way in terms of total shares owned, followed by Schonfeld Strategic Advisors and Aristeia Capital.

The Block·2024/05/16 17:01
Bitcoin options traders anticipate short-term price correction, analysts say
Bitcoin options traders anticipate short-term price correction, analysts say

Bitcoin derivatives traders are still ready to pay a premium for short-term downside protection, analysts say.However, a longer-term outlook shows a more optimistic options distribution, skewed towards calls, the analysts added.

The Block·2024/05/16 16:07
Three Reasons Why Solana’s (SOL) Price Soared Past $160
Three Reasons Why Solana’s (SOL) Price Soared Past $160

SOL’s price surge is linked to recent crypto developments, notably involving Robinhood, Infinex, and MarginFi platforms.

Cryptopotato·2024/05/16 13:43
Flash
  • 08:03
    Artela Network has launched its mainnet and native token ART, with over 50 ecological projects
    The Layer 1 blockchain supporting on-chain AI Agents - Artela Network, has officially announced the launch of its mainnet and native token ART. Users can now configure the mainnet information of their wallets through ArtHome and Chainlist channels. Meanwhile, related data queries for ART tokens can be conducted through the Artela browser.With the launch of the mainnet, Artela Governance Dashboard is also simultaneously launched to provide users with convenient tools for staking and ecosystem governance. In addition, the Artela Mainnet Bridge jointly launched by Artela and Hyperlane will go live on January 17th to further enhance cross-chain interoperability.Currently, more than 50 native projects have been successfully deployed in the Artela ecosystem, including Artexswap, Artemis, Meridian, Symmetric, Accumulated and ArteFarm etc.
  • 07:54
    Swarms launches Agent API and releases strategic roadmap to promote token payment and agent management development
    On January 16th, Swarms announced the launch of a new Agent API aimed at simplifying the deployment, management, and expansion of AI agents. The API is now open source and ready for production environment. Users can create and manage multiple agents through this API, and it has built-in rate limiting function to ensure efficient and stable agent operations. In addition, Swarms also provides real-time monitoring of agent performance and data metrics, while supporting Docker to ensure production-level security.   In addition, Swarms has released its future Strategy and Development roadmap, planning to further promote Swarms tokens as a universal payment currency in the Agent economy. To support this goal, Swarms will launch various API interfaces, including subscription API, usage billing API, and Swarms wallet API, aimed at helping developers integrate Swarms tokens into different business models and application scenarios.   Swarms provides technical support to early adopters, helping them integrate Swarms tokens as a payment method and incentivizing adopters through reward mechanisms. They also plan to release a series of video tutorials to guide developers in implementing Swarms payments in their applications with just a few lines of code.   Currently, Swarms tokens have been successfully integrated into multiple platforms and markets, further promoting the circulation of tokens and supporting the payment needs of more proxy applications. Through collaboration with multiple partners, Swarms continues to enhance its position in the Agent economy and increase the market acceptance and trading volume of tokens.
  • 07:52
    The Staking function of SOON tokens will be launched soon, and the application scenarios of SOON may be further expanded
    Recently, TON Station announced that the staking function of SOON tokens will soon be launched on multiple trading platforms, which is expected to bring more reward opportunities to SOON holders. Users can deposit SOON tokens into their wallets and connect to designated applications to participate in the staking function and receive more SOON rewards.   Currently, SOON has partnered with multiple trading platforms, including Bitget, to support staking of SOON tokens. Users can complete SOON staking on these platforms and receive additional rewards. With the activation of the staking function, more trading platforms will also announce support in the short term.   In addition to the Staking function, SOON tokens also participate in reward pool activities in multiple ecosystems. Users can earn $UP points by participating in the activities, which can be exchanged for exclusive rewards in the UXUY ecosystem. Tokens from cooperative projects such as MetropolisWorld ($CLAY), KokodiGame ($KOKO), and Estatexeu ($ESX) have also been added to the reward pool, further promoting the use and circulation of SOON tokens in the market.   TON Station emphasizes that with the official launch of the Staking function of SOON tokens, it is expected to have a positive impact on SOON's market liquidity and trading volume. More trading platforms and cooperative projects will also be added in the future to expand the application scenarios of SOON tokens.
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