Cryptocurrency prices did moderately well last week as investors embraced a risk-on sentiment in the financial market. Bitcoin jumped to above $67,000 for the first time in over a month while BitBot continued its token sale, raising millions of dollars. This article focuses on BitBot, Floki, and Arweave. Arweave price forecast Arweave is one of […]
The tides are turning in the cryptocurrency world, with institutional investors making a big splash in Bitcoin exchange-traded funds (ETFs) while retail investors seem content to bob on the sidelines. A recent report by IntotheBlock paints a picture of a two-tiered market, where hedge funds and even pensions are accumulating Bitcoin through ETFs, but the […]
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The price of bitcoin (BTC) has surged past the $60,000 level to the $67,000 zone due to news of a lower-than-expected inflation rate in the United States. According to the latest CryptoQuant weekly report, bitcoin’s latest rally has also been sustained by a recent decline in selling pressure. However, demand for the cryptocurrency has yet […]
Share this article Andreessen Horowitz (a16z) has raised $7.2 billion for five of its venture strategies, as disclosed by Ben Horowitz in a blog post. The funds were raised for American Dynamism, Games, Apps, Infrastructure, and Growth, with the largest raise being $3.75 billion for the Growth strategy. Notably, Games and American Dynamism were allocated […]
Key Takeaways Aave V3 launched today. The update focuses on letting users move assets between networks while improving capital efficiency and security. It will initially launch on Polygon, Fantom, Avalanche, Arbitrum, Optimism, and Harmony. Aave recently released permissioned pools for institutions and an NFT-based product called Lens. Share this article Aave has launched its V3 […]
Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices. However, factors like lack of liquidity or early investor profit-taking can significantly impact an asset’s dynamics. Here are three major token unlocks to watch next week. Pyth […]
Share this article Restaking protocol EigenLayer revealed its EIGEN token today, which will be airdropped to users who staked Ether (ETH) in its layer until March 15. Users who staked Ether (ETH) in EigenLayer can start claiming their tokens on May 10, with 5% of EIGEN’s supply destined for this first ‘stakedrop’, as labeled by […]
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