LATEST: Cardano’s Charles Hoskinson Unveils Two Major Upgrades

Cardano’s future shines bright as founder Charles Hoskinson announces transformative upgrades, including the much-anticipated Chang hard fork and the innovative Ouroboros Leios. Slated for this year, these enhancements promise to elevate Cardano’s blockchain to new heights of scalability, governance, and community-driven innovation. The Chang hard fork marks a pivotal step towards full decentralization, introducing on-chain community consensus that empowers ADA holders with voting rights on key proposals. Ouroboros Leios, on the other hand, is set to revolutionize Cardano’s transaction capabilities, aiming to solve the blockchain trilemma by improving throughput and scalability while maintaining its decentralized ethos.

Despite recent criticisms and market fluctuations, Hoskinson’s confidence and the support from prominent community members spotlight Cardano’s unwavering commitment to progress and its potential to outpace rivals. With these upcoming upgrades, Cardano not only addresses the concerns of skeptics but also reinforces its position as a leader in the blockchain revolution, ready to usher in a new era of digital finance.

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Blockchain-Focused Polychain Capital Fuels AI Firm Ritual’s $25M Funding Round With Significant Investment

Blockchain-centric venture capital company Polychain Capital has invested a significant amount in artificial intelligence (AI) platform Ritual.

What Happened: The investment by Polychain supplements Ritual’s $25 million funding round from last November. The round, led by Archetype, also saw contributions from Accomplice and Robot Ventures. Polychain has confirmed its investment but has kept the exact figure under wraps, CoinDesk reported.

Ritual aims to tackle the centralized nature of AI systems. The funding from Polychain arrives at a time when interest in the convergence of blockchain and AI is on the rise. Blockchain companies aim to counter an AI monopoly by tech behemoths like…

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March’s Web Traffic Surge in Crypto Exchanges

The crypto world is buzzing with activity as evidenced by the surge in web traffic across various exchanges in March. Binance led the charge with a monumental 101 million visits, marking a +40% increase from February. Coinbase followed with a significant traffic influx, receiving 63 million visits, a +56% jump indicating growing interest in cryptocurrency trading.

Bybit and MEXC also saw substantial hikes in their traffic at +57% and +52% respectively, while Bitget and BingX each enjoyed a +23% increase. Whitebit’s web traffic rose by +22%, showing a steady climb in usage. However, not all platforms experienced growth; HTX saw a -7% drop in visits.

Upbit notably stood out with an impressive +80% surge in web traffic, suggesting a rapidly expanding user base or increased engagement on the platform.

This snapshot of web traffic dynamics offers a lens into the vibrancy of the crypto exchange landscape, reflecting shifting trader behaviors and market enthusiasm.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Dylan LeClair | Bitcoin Unlikely To Visit $50k Again

Bitcoin has been a subject of intense scrutiny in recent weeks as analysts assess its trajectory amidst fluctuations in market dynamics. Despite speculation and volatility, an analysis from Dylan LeClair, director of Market Intelligence at UTXO Management, suggests that a drop below the $50,000 mark is unlikely in the near future.

Dylan LeClair: Market Dynamics Assessment

In a recent analysis by analyst Dylan LeClair, it was posited that bitcoin’s price is unlikely to fall below $50,000 soon, citing strengthened support levels and market dynamics. LeClair highlighted the potential for significant liquidations should prices fluctuate but maintained optimism about bitcoin’s stability…

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Bitcoin Withdrawal From Exchanges | 110k BTC Withdrawn

Bitcoin investors are making significant moves ahead of the highly anticipated halving event, with recent reports indicating a substantial bitcoin withdrawal from centralized exchanges. This trend reflects a broader shift in investor sentiment and could potentially impact the future trajectory of the world’s leading digital asset.

Bitcoin Withdrawal: Decrease in Exchange Balances

Recent data reveals a steady decline in the supply of bitcoin on exchanges over the past few months. According to a report by prominent analyst Ali Martinez, approximately 111,000 BTC, valued at around $7.55 billion, have been moved out of known exchange wallets in the last month alone.

This significant…

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Robert Kiyosaki Real Estate Crash Predictions

The ban on Airbnb short-term rentals in New York sparks a debate on balancing housing regulation with economic innovation. Robert Kiyosaki real estate crash predictions influenced by Airbnb, adds depth to the discussion. While his insights offer hope to some, their accuracy remains uncertain.

Robert Kiyosaki Real Estate Crash: Airbnb’s Regulatory Landscape

The ban on short-term rentals by Airbnb  in New York has sparked considerable debate and controversy within the housing and hospitality sectors. Enacted to address concerns about the impact of short-term rentals on local communities, particularly in densely populated urban areas like New York City, the ban aims to regulate the…

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LATEST: China’s Financial Giants Apply for Bitcoin ETF in Hong Kong

Major Chinese asset managers, including China Southern Fund and Harvest Fund, are making bold moves into the Bitcoin ETF market through their Hong Kong subsidiaries. Managing assets worth $284 billion and $230 billion respectively, these firms are at the forefront, applying for regulatory approval to launch Bitcoin ETF products. This initiative signifies a remarkable shift in China’s stance towards Bitcoin, highlighting an increased institutional interest despite previous restrictions. Approval from such substantial entities could greatly legitimize Bitcoin in the eyes of investors and regulators alike, particularly within the Chinese market.

The embrace of Bitcoin ETFs by these giants underscores a broader trend towards accepting digital currencies. With Hong Kong serving as a strategic hub for these ventures, the region is poised to become a significant player in the global Bitcoin market. This development not only illustrates the changing landscape of cryptocurrency investment in China but also indicates a growing recognition of Bitcoin’s potential among the world’s leading financial institutions.

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Check Out the Top Crypto Gainers of the Day

$1M – $10M MarketCap:

  1. Ertha (ERTHA): 63%
  2. Based Shiba Inu (BSHIB): 35%
  3. Throne (THN): 21%
  4. MobileCoin (MOB): 21%
  5. Honk (HONK): 16%

$10M – $100M MarketCap:

  1. TomTomCoin (TOMS): 321%
  2. Harvest Finance (FARM): 80%
  3. Chickencoin (CHKN): 59%
  4. Non-Playable Coin (NPC): 57%
  5. A Hunters Dream (CAW): 40%

$100M – $1B MarketCap:

  1. NORMIE (NORMIE): 50%
  2. Zeus Network (ZEUS): 48%
  3. Toshi (TOSHI): 38%
  4. SafePal (SFP): 34%
  5. Popcat (POPCAT): 29%

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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LATEST: Ripple CEO Forecasts Crypto Market to Hit $5 Trillion by 2024

Brad Garlinghouse, CEO of the blockchain company Ripple, predicts a significant surge in the cryptocurrency market, anticipating it to reach a $5 trillion market capitalization. This bullish forecast is driven by several key factors, including the debut of the U.S.’s first spot bitcoin exchange-traded funds (ETFs) and the upcoming bitcoin halving event, both of which are expected to catalyze growth within the sector. Garlinghouse’s confidence stems from witnessing the industry’s evolution and the impact of macroeconomic factors that are attracting institutional money into the crypto space for the first time. With demand increasing and supply diminishing, the outcome seems promising for the crypto market. The introduction of U.S. spot bitcoin ETFs earlier this year and the anticipation of favorable regulatory changes further bolster the optimistic outlook. As the crypto market continues to gain mainstream acceptance and regulatory clarity in the United States, industry leaders like Garlinghouse and others at major crypto exchanges see this as a pivotal moment for unprecedented growth and adoption.

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LATEST: Bitcoin Soars to Record Highs as Whales Increase Holdings

Big investors have been aggressively buying Bitcoin since the beginning of the year, pushing the cryptocurrency’s price to unprecedented levels. This trend is evident in the actions of Bitcoin whales, or large holders, particularly noticeable through one wallet address. The wallet, identified as ‘bc1qag725vjxxpkkl5gshfkye9xn4p5vklrlhgkw5w’, has been particularly active, amassing 1,308 BTC, valued at almost $90 million, starting March 6. The buying spree has averaged a price of $68,617 per Bitcoin, showcasing significant confidence in the digital currency’s future.

The most recent acquisition by this whale was a 113.735 BTC transfer from Binance on April 7, worth over $7.85 million. This followed an even larger purchase on April 3, where 123.128 BTC were bought for more than $8 million. These transactions mark a notable month of accumulation for the investor, reinforcing Bitcoin’s position as a preferred asset among high-capital investors and signaling a bullish outlook for the market.

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