Author: btcadmin

A contentious proposal in the Cronos ecosystem drew to a close late Monday, with the community voting in favor of the token supply growing from 30 billion CRO to 100 billion CRO over a 10-year vesting period. That, however, happened after weeks of the community leaning against the switch whilst a few CRO whales —…

Gold has surged to a new all-time high, surpassing $3,025 per ounce to mark an increase of over 15% in since the turn of the year. Meanwhile, bitcoin is lagging (BTC), down 10% year-to-date. Several factors have contributed to gold’s rally, including significant inflows into gold ETFs and its traditional role as a safe-haven asset…

A bullish technical analysis pattern, contrasting with the one in bitcoin (BTC) that warned of a recent market swoon, is seemingly emerging on bitcoin-holder MicroStrategy’s (MSTR) price chart. The MicroStrategy pattern, a double bottom, comprises two consecutive troughs at about the same price, said to reflect downtrend exhaustion, and a trendline (a so-called neckline) drawn…

Tether, the issuer of the USDT stablecoin, increased its holdings in bitcoin (BTC) miner Bitdeer (BTDR), building on a investment it started almost a year ago. The company financed the acquisition with working capital and now owns 21% of the company, according to a Securities and Exchange Commission filing. STORY CONTINUES BELOW Don’t miss another…

Japan’s Metaplanet has issued more zero-interest bonds, using some of the proceeds to buy 150 BTC worth around $12.5 million. In a notice to shareholders, the Tokyo-based company said it issued 2 billion yen ($13.4 million) of the bonds to buy the bitcoin, with Evo fund once again acting as the sole bondholder. The bonds…

The calm that has returned to the bitcoin (BTC) market may be short-lived, potentially setting the stage for a storm that could trigger significant price volatility, according to insights from the decentralized crypto on-chain options platform Derive. Since March 12, BTC has settled in the $80K-$85K range in a consolidation typically seen after a notable…

The Solana Foundation nixed an ad widely criticized for being anti-queer late Monday, nearly nine hours after seemingly invoking the culture wars as a mechanism to boost conference attendance. The now-deleted spot imagines “America” in therapy. A human embodiment of the nation desperately wants to think big – about tech, crypto, space travel. But he…

The main organizations supporting the Arbitrum blockchain, Offchain Labs and the Arbitrum Foundation, unveiled a new program designed to kick-start early-stage projects in the ecosystem. STORY CONTINUES BELOW The new program, “Onchain Labs,” is designed to provide go-to-market support to “experimental and volatile” projects, according to a blog post from Offchain Labs, Arbitrum’s main developer.…

Crypto exchange Gemini has appointed a new chief financial officer as it positions itself for a potential initial public offering. The company’s latest hire, Dan Chen, who previously served as vice president of capital markets at Affirm, announced the move in a social media post. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto…

Bakkt Holdings (BKKT), a crypto exchange and custody firm, saw its shares plunge on Monday after disclosing that neither Bank of America (BAC) nor crypto trading app Webull Pay would renew their commercial agreements with the company. At the time of writing, BKKT shares have dropped 35% in after hours trading to $12.83. The stock…