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On April 22, the layer two (L2) scaling network Polygon introduced the new Supernets network, a blockchain protocol that’s built to bolster Web3 technology. Furthermore, Polygon is pledging $100 million to early Supernet users “who can help fast-track adoption.” The announcement details that Supernets is essentially the team’s Polygon Edge
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The exchange is looking at a listing after reaching a valuation of $14 billion last month. Source
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Eric Balchunas and James Seyffart, exchange-traded fund analysts for Bloomberg, said that a proposed rule change with the United States Securities and Exchange Commission could be the catalyst for the regulatory body approving a spot Bitcoin ETF in mid-2023.In a Thursday tweet, Balchunas said crypto platforms could fall under the
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CME Bitcoin Futures Premium Hits Highest Since Early January Source
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Bitcoin (BTC) stayed the near top of its recent trading range on March 20 as the weekly close looked set to crack a multi-week high.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWeekly close could set 4-week highData from Cointelegraph Markets Pro and TradingView showed BTC/USD maneuvering around the upper $41,000 zone Sunday.Friday's
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The first 100,000 Jamaican citizens to use the country’s new central bank digital currency (CBDC) known as Jam-Dex will be given a free $16 payment in the hopes of promoting widespread adoption. Jamaican prime minister Andrew Holness first announced the news in a Facebook post on Thursday. The post received a
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Bitcoin started a downside correction and traded below $42,000 against the US Dollar. BTC must stay above $40,000 to avoid a trend reversal. Bitcoin started a fresh decline below the $43,000 and $42,000 levels. The price is trading below $43,000 and the 100 hourly simple moving average. There was a break below a
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Trudging about in the $43,500 area at 13:45 UTC, bitcoin quickly jumped to above $45,000 for the first time since February 10, but if you blinked you missed it. Within seconds, the price had fallen back to $44,100. At the time of writing, it’s changing hands at $44,300. Original Source
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The “real” daily Bitcoin (BTC) volume spiked to levels not seen for three months amid the Russian invasion of Ukraine. According to the latest weekly update report from blockchain analytics firm Arcane Research, real daily BTC trading volume surged above the $10 billion last Thursday (Feb. 24, the first day
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Over the last six months, Bitcoin (BTC) recorded numerous milestones — El Salvador’s mainstream adoption, a new all-time high of $69,000 and a stronger-than-ever network hash rate. However, for the first time in history, global Bitcoin ATM installations in the first two months have slowed down when compared to the
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