News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Check out the latest development on the Ripple v SEC lawsuit.
Spot bitcoin exchange-traded funds (ETFs) in the U.S. experienced a net outflow of $34.4 million on Thursday.
EIGEN airdrop recipients will get at least 100 EIGEN, worth roughly $1,000 as of the time of writing. EigenLayer clarifies that investor tokens will start vesting after token transferability starts, beginning sometime after September 30. The airdrop plan changes come after the Eigen Foundation faced widespread criticism over its airdrop.
Quick Take Friend.Tech on Thursday revealed that its $5 million FRIEND airdrop has been delayed, with distributions likely to hit recipients’ wallets on Sunday, May 5.
- 07:54Famous trader Ansem: The current market uncertainty and fear may subside after Trump's inauguration ceremonyWell-known trader Ansem posted on X saying, "I think Bitcoin is going to enter a very bad phase, it looks like it's going to crash, but not as low as 91-92 thousand dollars. Consider going long before Trump's inauguration ceremony to observe whether the market overreacts to the hawkish remarks of the Federal Reserve and fears of potential sell-offs by the Department of Justice." Later, in response to netizens, Ansem said: "What can be certain is that this uncertainty and fear may subside after Trump's inauguration ceremony, depending on Trump's remarks."
- 07:52The L2 public chain Abstract, under the parent company of Pudgy Penguins, has confirmed that it will be launched this monthAbstract Ecosystem posted on the X platform, confirming its focus on chain culture and community's Layer 2 network Abstract will be launched this month. The project is developed by Igloo Inc., the parent company of NFT project Pudgy Penguins. It previously acquired the chain creator economic platform Frame to accelerate development.
- 07:38As of December last year, approximately 31.6% of the global Bitcoin production may be directly related to 19 listed mining companiesAccording to data from TheMinerMag, in January 2022, only 16.7% of the total computing power of the Bitcoin network came from known entities. By December 2024, approximately 31.6% of global Bitcoin production may be directly related to 19 listed mining companies that disclose their proprietary mining performance every month.