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Bitcoin (BTC) faces a new “consolidation zone” as exchange inflows tag multiyear lows, new analysis says. In an April 1 post on X, Axel Adler Jr., a contributor to onchain analytics platform CryptoQuant, declared that Bitcoin sellers had “dried up.” Average exchange inflows down 64% since November Bitcoin sell-side pressure has eased considerably since its…
Elon Musk’s SpaceX has sent a crew of four private astronauts on the first manned space flight to orbit the Earth’s poles, in a mission bankrolled and led by a wealthy crypto investor. Chun Wang, the Chinese-born Maltese entrepreneur who founded the Bitcoin (BTC) mining pool F2Pool, paid for and is leading SpaceX’s “Fram2” mission,…
OpenAI is set to launch an “open” version of its language model this year, allowing developers to run the model on their own hardware. In an update posted to X on March 31, OpenAI CEO Sam Altman said the artificial intelligence firm would release the powerful “new open-weight language model with the reasoning” in the…
Non-fungible token (NFT) project Gutter Cat Gang (GCG) saw a rocky token launch of its GANG token on Apechain on March 31, attributed to a “technical issue” by a third party, though others pointed to reportedly low interest in the token. While GCG didn’t confirm these figures, it did state in a March 31 Discord…
A recent Fidelity Digital Assets report questioned whether Bitcoin price had already seen its cyclical “blow off top” or if BTC (BTC) is on the cusp of another “acceleration phase.” According to Fidelity analyst Zack Wainwright, Bitcoin’s acceleration phases are characterized by “high volatility and high profit,” similar to the price action seen when BTC…
Vanuatu has passed laws to regulate digital assets and provide a licensing regime for crypto companies wanting to operate in the Pacific island nation, which a government regulatory consultant has called “very stringent.” The local parliament passed the Virtual Asset Service Providers Act on March 26, giving crypto licensing authority to the Vanuatu Financial Services…
The founder of the recently hacked decentralized finance protocol SIR.trading has made an emotional plea to the attacker, asking them to return around 70% of the stolen customer funds otherwise, the protocol will not survive. “Here is my proposal, keep $100k as a fair share for your critical bug find, and return the remaining,” SIR.trading’s…
The hacker behind the $9.6 million exploit of the decentralized money-lending protocol zkLend in February claims they’ve just fallen victim to a phishing website impersonating Tornado Cash, resulting in the loss of a significant portion of the stolen funds. In a message sent to zkLend through Etherscan on March 31, the hacker claimed to have…
Cryptocurrency investors are increasingly moving capital into stablecoins and tokenized real-world assets (RWAs) in a bid to avoid volatility ahead of US President Donald Trump’s widely anticipated tariff announcement on April 2. Increasingly, more capital is flowing into stablecoins and the real-world asset (RWA) tokenization sector, which refers to financial products and tangible assets such…
Coinbase CEO Brian Armstrong is calling for legislative changes in the US to allow stablecoin holders to earn “onchain interest” on their holdings. In a March 31 post on X, Armstrong argued that crypto companies should be treated similarly to banks and be “allowed to, and incentivized to, share interest with consumers.” He added that…