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

Bitcoin-native application platform Arch raises $7 million led by Multicoin Capital
Bitcoin-native application platform Arch raises $7 million led by Multicoin Capital

Arch Labs raised $7 million in a seed round from Multicoin Capital, OKX Ventures and others.The project is building a Bitcoin-native application platform to bring “bridgeless” trading directly to the Bitcoin blockchain.

The Block·2024/05/09 16:04
Ripple and XRPL Labs join digital asset recovery protocol DeRec Alliance
Ripple and XRPL Labs join digital asset recovery protocol DeRec Alliance

Ripple and XRPL Labs joined Hedera developer Swirlds Labs and the Algorand Foundation as founding members of the Decentralized Recovery (DeRec) Alliance. DeRec Alliance aims to standardize and expedite how digital assets can be recovered in the web3 industry, especially for crypto non-experts.

The Block·2024/05/09 14:43
Bitcoin price buys time at $61K as US jobless claims hit 9-month highs
Bitcoin price buys time at $61K as US jobless claims hit 9-month highs

Bitcoin refuses to budge after the latest U.S. macro data, but a six-figure BTC price is waiting the wings, analysis claims.

Cointelegraph·2024/05/09 14:40
SEC doesn’t want Ethereum to transform banking landscape, says Joseph Lubin
SEC doesn’t want Ethereum to transform banking landscape, says Joseph Lubin

Ethereum co-founder Joseph Lubin says the SEC is engaging in strategic enforcement action instead of engaging in meaningful discourse with the cryptocurrency industry.

Cointelegraph·2024/05/09 14:40
Despite Bitcoin price volatility, factors point to BTC’s long-term success
Despite Bitcoin price volatility, factors point to BTC’s long-term success

Bitcoin’s volatility persists after the halving, but surging ETF inflows and thriving L2 ecosystem growth fuel long-term optimism.

Cointelegraph·2024/05/09 14:22
Bitcoin struggles despite European equities rally as Bank of England signals summer rate cut
Bitcoin struggles despite European equities rally as Bank of England signals summer rate cut

Bitcoin prices are struggling to stay above the $61,000 mark, according to The Block’s Price Page.On Thursday, the Bank of England kept borrowing costs at their 16-year high but signaled it would cut rates this summer if inflation stayed low.

The Block·2024/05/09 13:40
PA Daily | Trump accepts cryptocurrency donations for presidential campaign; Bitcoin mining difficulty drops by 5.63% to 83.15T
PA Daily | Trump accepts cryptocurrency donations for presidential campaign; Bitcoin mining difficulty drops by 5.63% to 83.15T

Robinhood's cryptocurrency trading volume in the first quarter increased by 224% year-on-year, with net profit rising to $157 million; Puffer Finance announced that its mainnet has officially launched; Musk's xAI, under his umbrella, is expected to complete financing this week at a valuation of $18 billion.

PANews·2024/05/09 12:02
Flash
  • 11:17
    Virtuals Protocol updates the value accumulation mechanism, including the introduction of a proxy partnership mechanism
    PANews reported on January 15th that Virtuals Protocol announced an update to its value accumulation mechanism to better support the builders of the Virtuals ecosystem. 1. Post-bonding transaction tax will be distributed as follows: 30% allocated to proxy creators, 20% allocated to proxy partners, and 50% allocated to sub-DAO of the proxy for future governance decisions. 2. Rewards for creators will be sent directly to the wallet of the proxy deployer. 3. The introduction of a proxy partner mechanism is designed to coordinate incentives between trading platforms/interfaces (such as TG bots) and the Virtuals ecosystem; when these platforms become proxy partners, they will receive 20% of post-bonding transaction tax from their facilitated transactions - these funds can be used for rewarding their community or other initiatives. In addition, Virtuals Protocol stated that since October 16th, 2024, Virtuals has accumulated a total of 12,990,427.85 VIRTUAL coins from post-bonding transaction revenue. These funds will be used in the next thirty days through Time Weighted Average Price (TWAP) mechanism for repurchasing and destroying corresponding agent tokens.
  • 11:12
    The Meme project Neiro has announced that it has increased its holdings by 28.6 million DOG tokens through multi-signature addresses
    Golden Finance reports that the Meme project Neiro on the Ethereum mainnet has announced that our Neiro multi-signature wallet has increased its holdings by 28.6 million DOG tokens. The total holdings account for 0.98% of the DOG supply.
  • 10:22
    CryptoQuant: Trump's policy may push Bitcoin to $249,000 by 2025
    News on January 15th, the latest weekly report from the on-chain analysis platform CryptoQuant predicts that by 2025 there may be an additional $520 billion flowing into the Bitcoin market, pushing Bitcoin prices to between $145,000 and $249,000. The report points out that favorable regulations, monetary policies and cyclical conditions will continue to drive capital inflow. Samson Mow, CEO of JAN3 company is more optimistic predicting that by 2025 Bitcoin's price could break through $1 million with daily fluctuations reaching up to $100 thousand. Filbfilb, co-founder of DecenTrader stated that currently Bitcoin behaves like a "beach ball underwater" suppressed by traditional markets. Concerns about Federal Reserve policy may overly influence crypto market performance.
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