With major cryptocurrencies flat over the past 24 hours following a choppy day of trade, traders hunting for top crypto gainers today that might deliver them quick gains continue to flock to the highly volatile and illiquid on-chain micro-cap markets. Bitcoin (BTC) was last trading in the upper $63,000s, having held above recent lows in the $61,000s. The world’s largest ...

Bitcoin’s soon-to-launch “Runes” token standard will allow the premiere crypto network to catch up to rivals in the realm of DeFi, predicted asset manager Franklin Templeton in a Monday report. The Promise Of Runes The firm released a fact sheet expanding on the upcoming technology over Twitter, which is set to go live at the same time as the Bitcoin ...

The South Korean Central Bank is set to “speed up” its CBDC project, and will pilot its digital KRW with a group of 100,000 citizens later this year. According to Newsway, the Bank of Korea (BOK) will test digital KRW usability and deposit functions with the group “at the end of 2024.” South Korean Central Bank Eyes Real-world Tests in ...

Accounting firm EY launched an Ethereum-based blockchain solution on Wednesday. It aims to help businesses execute complex agreements, reduce costs, and maintain security. Called the EY OpsChain Contract Manager (OCM), it is designed to tackle hurdles like managing business agreements spanning internal and external operational and technology silos. It also enables multiple parties to synchronize data among various business partners. ...

Publicly traded Bitcoin mining firm Hut 8 Corp announced on April 16 the initialization of self-mining operations at its new Salt Creek facility, only 78 days after breaking ground in the area. The Texas-based facility boasts a favourable energy profile, which is expected to reduce mining costs by 30% compared to the firm’s hosting facilities. Hut 8 Expands Its Mining ...

Bitcoin Price Prediction As the cryptocurrency community anticipates the next Bitcoin halving event, expected around April 19 or 20, speculations about its impact on Bitcoin’s price are intensifying. This scheduled reduction in mining rewards, which decreases the supply of new Bitcoins entering the market, has historically been a catalyst for significant price movements. Presently, Bitcoin (BTC/USD) is trading near $63000, ...

With cryptocurrency markets a sea of red on Tuesday, the market continues to trade heavily due to concerns about Middle Eastern geopolitical tensions and the diminishing likelihood of near-term Fed interest rate cuts; investors are turning to smaller and lesser-known altcoins as they hunt for the best crypto to buy today. Bitcoin (BTC) was around $63,000, probing its multi-month range ...

Grant Martin, the former Chief Compliance and Ethics Officer at the Federal Reserve Bank of New York, is joining the board of Binance.US, the crypto exchange announced in a Tuesday blog post.  Former NY Fed Official Grant Martin Hired By Binance.US According to the company’s announcement, Martin worked at the Fed for over 30 years, serving in his aforementioned role ...

Popular crypto wallet provider Trust Wallet disclosed on April 15 that it received “credible intel” about a high-risk zero-day exploit being sold on the Dark Web to target iOS users. According to the software developer, this flaw could allow hackers to gain unauthorized access to users’ personal data. Trust Wallet Reports Personal Information Sale on Dark Web Trust Wallet shared ...

Microsoft invested $1.5 billion into G42, an artificial intelligence (AI) company based in the United Arab Emirates (UAE). This was disclosed on April 16 as part of the Microsoft AI investment plans to expand and strengthen its position in the AI industry. Microsoft AI Investment Opens Innovation Gateways in The Middle East Microsoft announced its latest investment in AI via ...