On-chain data on April 5 shows that the Cardano Treasury is rapidly growing even as ADA prices struggle to shake off determined sellers. Currently, the treasury holds over 1.48 billion ADA worth over $843 million at spot rates. If adoption projections are anything to go by, the figure could exponentially increase in the coming months, possibly propping … Read more
The decentralized exchange (DEX) and automated market maker (AMM) protocol SushiSwap has been at the center of a significant controversy as users and a former associate express their opposition to proposed governance changes. The controversial proposal aims to transfer assets from the Decentralized Autonomous Organization (DAO)-controlled treasury to a new entity called “Sushi Labs,” while … Read more
On Wednesday, the Kansas City Cattle Company, known for its premium Wagyu beef products, announced on X (formerly Twitter) its strategic decision to adopt Bitcoin as its primary reserve treasury asset. This decision by the veteran-owned and operated enterprise, celebrated for its world-renowned gourmet uncured all-Wagyu beef hot dog, marks a significant pivot towards financial … Read more
On-chain data suggests the whale entities have bought up around 5% of the supply of the major stablecoins over the past three weeks. Whales Have Been Gobbling Up Stablecoin Supply Recently According to data from the on-chain analytics firm Santiment, whales have been rapidly accumulating the stablecoin supply recently. Whales here refer to investors holding … Read more
A non-profit organization focused on Bitcoin (BTC) education, operating out of El Salvador, has recently unveiled an updated version of its Bitcoin Diploma program. The initiative aims to promote wider adoption of the leading cryptocurrency and educate individuals about the benefits of understanding its underlying technology. BTC Education Goes Mainstream Known as “Mi Primer Bitcoin” … Read more
A battle between technological advancement and data privacy is brewing around Worldcoin, a project offering digital identity and cryptocurrency in exchange for iris scans. While Ethereum co-founder Vitalik Buterin applauds Worldcoin’s efforts to strengthen privacy measures, Portugal’s data regulator has thrown a wrench into the program by halting biometric data collection for 90 days. Worldcoin’s … Read more
Shiba Inu (SHIB) whales are at it again, with large transactions involving the meme coin recorded lately. These high-volume transactions have piqued the interest of other investors, who have deliberated on whether this could be the perfect opportunity to accumulate the meme coin. Shiba Inu Whale Transfers 2 Trillion SHIB Tokens On-chain analytics platform Whale … Read more
In response to the global demand for Bitcoin-related products, Brazil has seized the opportunity to capitalize on the momentum surrounding the leading cryptocurrency. According to a Reuters report, Brazilian exchange operator B3 announced on Thursday that it has received approval from Brazil’s securities regulator to offer Bitcoin futures trading, which is expected to begin on … Read more
Shiba Inu (SHIB) lead developer, Shytoshi Kusama, recently told Ethereum’s co-founder Vitalik Buterin that he should expect more improvement from the SHIB ecosystem soon. This comes in response to Vitalik’s comment in which he praised the meme coin. More To Come From SHIB Kusama responded to Vitalik in an X (formerly Twitter) post, in which … Read more
Dogecoin has been heating up recently and this has been apparent in both its price, as well as its on-chain meme metrics. With investor interest now turning back to the OG meme coin, there has been some marked increase in its on-chain metrics, which suggests that the rally might just be starting. Dogecoin On-Chain Metrics … Read more
