Polygon Sees Whales Stacking Up as MATIC Price Eyes $1
ZyCrypto
by Arnold Kirimi
3h ago
At the heart of the cryptocurrency world, the Bitcoin halving event has taken center stage, drawing the gaze of investors and enthusiasts alike. Amid this fervour, Polygon (MATIC) shines brightly and is recognized as a top-tier digital asset poised to scale new heights in value and adoption. Whales in the crypto ocean are making waves as they accumulate Polygon’s MATIC token, even as its price struggles below the $0.70 mark. Despite a broader market downturn, these large players are stocking up on MATIC, indicating a bullish outlook on the popular Layer-2 blockchain. Which #altcoins did wha ..read more
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“Governance Is Not Optional” Asserts Charles Hoskinson as Cardano Nears Voltaire Phase
ZyCrypto
by Newton Gitonga
3h ago
Charles Hoskinson, CEO of Input Output Global and co-founder of Cardano (ADA), has emphasized the importance of governance in the blockchain industry, stressing that it cannot be overlooked. Speaking at a recent Web3 talk organized by Google, Hoskinson, who has been involved in the blockchain space for about 12 years, discussed various topics, including Bitcoin’s halving, the future of Cardano, and the importance of governance. One of the main topics of the discussion was the creation and development of Cardano. Hoskinson explained the decision to use an extended UTXO (Unspent Transaction Out ..read more
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Ceτi AI Expands Its High-Performance Computing Capabilities in North America with Big Energy Investments Inc. Acquisition
ZyCrypto
by PR DESK
3h ago
ceτi AI is elated to announce its acquisition of Big Energy Investments Inc., a Canadian company specializing in strategic investments in high-performance computing infrastructure. According to the ceτi AI team, the acquisition is a step forward in realizing ceτi AI’s vision of advancing the development and accessibility of AI technologies. ceτi AI’s mission is to “accelerate the advancement of decentralized artificial Intelligence” through high-performance, scalable AI infrastructure created for developers and distributed networks. Following this acquisition, Big Energy Investments Ltd enter ..read more
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Binance Seeks To Re-Enter The Indian Market — But It’ll Have To First Pay A $2M Fine
ZyCrypto
by Brenda Ngari
3h ago
Binance, the world’s largest crypto exchange by trading volume, is looking to return to India after a four-month ban by paying a penalty of $2 million for non-compliance. Binance’s Return To India In early January, Binance and other foreign cryptocurrency exchanges were booted from the Apple Store in India weeks after India’s Financial Intelligence Unit (FIU) issued notices to them for illegally operating in the country. Besides Binance, Huobi, Kraken, Gate.io, KuCoin, Bitstamp, MEXC Global, Bittrex, and Bitfinex were the other exchanges that received the FIU compliance notice at the time. Bi ..read more
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$0.0001 SHIB Price Tsunami Looks Near as Shiba Inu’s Shibarium Sees Massive Transaction Spike
ZyCrypto
by Newton Gitonga
6h ago
Shibarium, the layer-2 solution for the Shiba Inu ecosystem, has witnessed an extraordinary surge in user engagement and transaction volume, propelling the SHIB token’s ecosystem to new heights. On Tuesday, analysts reported a remarkable spike in Shibarium’s activity. The number of active accounts exceeded 25,800, representing an impressive 80% increase within 24 hours. Concurrently, the network processed a staggering 958,438 transactions, marking an astounding 128.46% surge in transaction volume during the same period. This surge in activity comes amidst a wave of adoption, with Shibarium we ..read more
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Can BlackRock’s Saudi Arabia Expansion Drive Bitcoin ETF Adoption in the Middle East?
ZyCrypto
by Arnold Kirimi
6h ago
BlackRock, the world’s largest asset manager, is making strategic moves in the Kingdom of Saudi Arabia to expand its foothold in the Middle East. Led by CEO Larry Fink, the firm has been actively engaging with Crown Prince Mohammed bin Salman and was the first major global investment manager to establish an office in Riyadh, as reported by Bloomberg. However, as BlackRock navigates the complexities of the Middle Eastern market, including geopolitical risks and ethical considerations, the question arises: Can BlackRock’s expansion drive the adoption of Exchange-Traded Funds (ETFs) in the Middl ..read more
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SeedHunter Launches Marketing Module to Foster Collaborations Between Influencers and Crypto Projects
ZyCrypto
by PR DESK
7h ago
SeedHunter, a centralized platform that allows crypto projects to connect to reliable and trusted influencers, announced the launch of its much-anticipated Marketing Module. This development follows its plans to redefine influencer marketing in the web3 community by offering a comprehensive, efficient, and secure solution for crypto projects and influencers. SeedHunter’s Marketing Module Goes Live The Marketing Module, officially launched today, April 18th, 2024, empowers crypto projects to orchestrate influencer campaigns with unparalleled ease and precision. Notably, the marketing campaigns ..read more
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Bitget’s COO takes center stage to discuss the future of Cryptocurrency at Blockchain Life Week 2024
ZyCrypto
by PR DESK
7h ago
Bitget’s Chief Operating Officer, Vugar Usi Zade, participated in Blockchain Life Week 2024 alongside prominent leaders from leading crypto exchanges. They were part of a panel discussion titled “Conductors in the World of Cryptocurrencies: What Top Exchanges Think About 2024”. The discussion offered a comprehensive analysis of the expected advancements and strategic paths for the crypto industry in the coming year. Vugar Usi Zade emphasized the utmost significance of prioritizing end-user experiences and privacy while reflecting on past difficulties like the Facebook and Cambridge Analytica ..read more
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PlanB Projects Bitcoin’s Peak to Exceed $300,000 In 2025
ZyCrypto
by Newton Gitonga
8h ago
Popular Bitcoin advocate PlanB has forecasted that the leading cryptocurrency’s peak could soar beyond $300,000 before the end of next year. The pundit’s prediction comes amidst a flurry of mixed insights indicating various trends for the top cryptocurrency In a Wednesday tweet, Plan B, known for his Stock-to-Flow (S2F) model, outlined a trajectory for Bitcoin’s value, suggesting that historical patterns, particularly surrounding Bitcoin halving events, will continue to influence price movements. According to the pundit, Bitcoin’s price increase will revolve around the halving, with significa ..read more
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Cardano Secures Best Layer-1 Solution Award For 2024 As Traders Envision $1 ADA Price
ZyCrypto
by Newton Gitonga
8h ago
Cardano (ADA) has been crowned the Best Layer-1 Solution of 2024, reaffirming its position as a trailblazer in blockchain technology. The development, revealed in a Wednesday tweet by the Cardano Foundation, follows an illustrious awards ceremony held in Dubai on Tuesday night. This triumph follows an extensive polling period that initially drew scrutiny from Charles Hoskinson, the founder of Cardano. Hoskinson had raised concerns about the integrity of such polls, questioning their fairness amidst Cardano’s temporary setback earlier this month.  However, the latest recognition of Cardan ..read more
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