Bitcoin’s Brief New All-Time High Sparks Bull Market’s First Liquidation Cascade March 7, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets Tuesday evening reminded us of the savage volatility that makes crypto both feared and loved. A rejection from just above the previous $69,000 all-time high caused the market to [...]
Is Qatar’s sovereign wealth fund ready to adopt Bitcoin? March 5, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets Over the weekend the BitcoinAtlantis conference took place in Madeira. Here, many of the Bitcoin thought-leaders gathered to discuss the future of the growing $1+ trillion asset. The biggest [...]
Coinbase experiences crash as trading volumes continue to surge March 1, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets It looks like retail traders are finally joining the crypto party. Coinbase app downloads are one of the key indicators for retail interest in Crypto. Downloads have now propelled [...]
Crypto boom sees old and new meme coins flying February 29, 2024 The total crypto market cap is now over $2 trillion for the first time in almost 2 years. Coinbase also jumped this week from 422nd to 277th top downloaded apps in the App Store - signalling increasing retail interest.
IBIT is Bitcoin’s Trojan Horse for Institutions February 28, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. The last time Bitcoin was over $57,000 was December 2021. Back then, euphoria was still in the air after touching $69,000. Theories of a ‘super-cycle’ were being thrown around [...]
Uniswap soars as SEC loses its bite February 27, 2024 Last Friday, a new proposal was released to upgrade Uniswap's (UNI) Protocol Governance. The change would enable a fee-sharing mechanism for token holders.
Bitcoin no longer aiming to be just digital gold February 26, 2024 What Bitcoin has not traditionally been known for is its technological innovation. It does not compete with Ethereum or other smart contract Blockchains for the use case of being the "world computer" on which decentralised applications can run.
Ethereum breaches $3,000 as ETF anticipation grows February 23, 2024 On Wednesday, Coinbase endorsed Grayscale's application to convert its ETH trust into an ETF - emphasising this stance.
Ethena stablecoin launch excites the market February 22, 2024 Not since Luna's UST stablecoin, that famously collapsed at the end of the last bull cycle, have yields in DeFi been that high.
Crypto and AI are opposites that attract February 21, 2024 Last week Open AI introduced Sora - their text-to-video model - that creates realistic videos from a simple prompt. Open AI CEO, Sam Altman, also expressed his desire to raise an eye-watering $7 trillion, or 3.5x the current total crypto market cap, to fuel chip design and manufacturing to cater for increasing adoption of artificial intelligence (AI).
