Openverse Global, a prominent L0 blockchain infrastructure firm, has collaborated with Arichain, an L1 blockchain that deals with Web3 fragmentation. The main purpose of this partnership is to resolve Web3 fragmentation with the provision of next-gen infrastructure. The platform mentioned in its official announcement on X that the move aims to fortify blockchain ecosystems with
One of the biggest mysteries in finance is not just who Satoshi Nakamoto is—it’s why the anonymous creator of Bitcoin, who sits on one of the largest personal fortunes in history, doesn’t appear on any billionaire rankings. Forbes, the publication that made “The World’s Billionaires” list a cultural touchstone, has quietly drawn a line in
Are you ready for an exciting convergence of blockchain innovation and high-end culture? The crypto world is buzzing with news of a groundbreaking Taiko partnership that promises to redefine how we interact with art and luxury. Ethereum Layer 2 network Taiko (TAIKO) is joining forces with the prestigious Hong Kong-based non-profit K11 Art Foundation to
Recent on-chain data analysis indicates that Bitcoin has undergone a typical price correction within a normal range and is nearing an oversold state. CryptoQuant analyst Darkfost released his analysis on Wednesday, noting that the price had adjusted for two weeks following its all-time high of $123,000, dropping about 12%. He says this movement is well
Bitcoin exchange-traded products (ETPs) now hold almost 1.5 million BTC, accounting for 7% of the maximum Bitcoin supply. Wealth management analyst Nate Geraci shared the milestone, noting the sizable impact of the exchange-traded funds (ETFs). According to the data shared by Geraci, Bitcoin spot ETFs and ETPs hold a total of 1,474,606 Bitcoin as of
Key Takeaways Gold reached a record $3,508 and Bitcoin topped $110,000 as traders expect the central bank to lower interest rates in September. Crypto and gold markets surged, driven by a nearly 90% probability traders assign to an imminent Fed rate reduction. Gold notched a fresh high of $3,508 in Asian trading on Tuesday, while
Bitcoin (BTC) has fallen nearly 10% since its August 14 peak above $124,000, slipping below $110,000 multiple times amid weakening institutional demand. In hindsight, the drop is not so surprising: September is known across equities markets as a poor month for returns and is also known as BTC’s weakest month, yielding average returns of -3.8%,
Bitcoin is staging a modest rebound after last week’s sharp selloff, with analysts pointing to short-term traders as the main drivers of the correction while long-term holders continue to sit tight. Summary Bitcoin price corrected 12% from its $124,000 peak, driven mainly by short-term profit-taking. Long-term holders avoided large selling, signaling confidence in the bull
The big question for bitcoin BTC$110,673.26 is whether the basis trade, an attempt to profit from the difference between the spot price and the futures market, will return if the Federal Reserve cuts interest rates on Sept. 17. There’s a 90% chance the Federal Open Markets Committee will cut the federal funds target rate by
Bitcoin price has staged a short-term recovery. After rebounding more than 2% in the past 24 hours, the move has erased the week’s losses, leaving BTC flat on the seven-day chart. Over the past three months, gains have remained capped below 5%, but the yearly trend still shows strength with an 80% rise. Now, a