Geopolitical factors could see investors allocate funds to alternative assets such as bitcoin, some observers say.
Bored Ape NFT Prices Tank to August 2022 Levels, Down 90% From Peak
Bored Apes were one of the most globally hyped NFTs in the last bull market, but have suffered amid a general lack of demand for NFT collections.
Meme-Coin, AI Tokens Lead Gains After Bitcoin Drop Causes $2B in Weekend Liquidations
One analyst firm said over $13 billion in open interest was wiped out as $1.5 billion in bullish bets were liquidated.
Bitcoin From Rare ‘Satoshi Era’ Moves After 14 Years of Dormancy
The miner earned 50 bitcoin in April 2010 during the network’s early weeks and has held on to the asset so far.
Solana Rolls Out Update to Tackle Network Congestion
A meme coin trading frenzy and a rapid spike in users has stressed the network in recent months.
Bitcoin Meme Coin PUPS Fuelled by Hype Ahead of Runes Release
Ordinals and Runes are both projects by long-time Bitcoin developer Casey Rodarmor, which has created trust and lent an idea of authenticity among users.
Shiba Inu Joins CDSA to Battle AI-Driven Concerns Using Shibarium
Shiba Inu is the first layer 2 blockchain to join the media and entertainment association to develop blockchain technology for content security and distribution.
Grayscale Bitcoin ETF Sees Record Lowest Daily Outflow of $18M
The relatively low figure is a sharp decline from GBTC’s usual outflow amounts.
Bitcoin Ecosystem Tokens, RUNE, STX, and ORDI May See Gains After Halving
“There exists a large, untapped pool of capital within the Bitcoin ecosystem that remains dormant,” Wintermute’s OTC desk told CoinDesk.
Bitcoin Falls Below $69K Ahead of U.S. CPI; Cardano, Dogecoin Lead Losses in Altcoins
One analyst said profit taking by long-term holders spiked meaningfully into the $73,000 level and has cooled down in recent weeks, supporting a bullish bias in the future.
Friend.Tech Money Metrics Surge Ahead of Potential Airdrop, V2 Release
The social application was one of the biggest blockchain-based platforms by revenue for a short period last year before usage dropped off. A new version is bringing the hype back.
Fantom Cofounder Mulls Idea for “Safer” Meme Coins
Fantom’s Cronje is the latest in a line of blockchain teams that are open to directly engaging with memecoins.
Solana Meme Coin Generator Pump on Track for $66M Yearly Revenue
The tool has made over $5 million since going live in early March, with thousands of tokens issued daily.
Which Crypto Projects Will Airdrop Next? Prediction Markets Are Placing Bets
Eigenlayer has a 75% chance of sending users free tokens by June 30, the odds on Polymarket signal. Plus: Kalshi lands a big Wall Street account.
TokenFi Developers Propose New Program to Boost Benefits for TOKEN Holders
The proposed move would allow eligible users to acquire up to four times more tokens than the standard quota per wallet, among other benefits.
Bitcoin Tops $71K, Ordinals Bets Rise Ahead of Halving
Broader crypto markets remained little changed over the weekend but some Ordinal ecosystems saw gains as a proxy bet for BTC.
Ethena Onboards Bitcoin as Backing Asset to Make USDe ‘Safer’
The platform will use a cash-and-carry trade to short bitcoin futures and pocket funding rates to generate yield on its USDe tokens.
Bitcoin Cash Spikes 10% After Halving, Bitcoin Hovers Above $66K
Analysts said BTC traders are probably waiting for macroeconomic signals before making a move, referring to the current market lull.
Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says
The valuation is based on the future expected usage of several layer 2 networks across usecases such as metaverse, banking and gaming.
Wormhole’s W Token Is Paying Out 999% a Week on Solana Protocol Kamino
The Solana DeFi application Kamino is offering a weekly yield of more than 999%, paid out in W and JTO tokens.