Forbes, a reputable business publication known for its insightful analysis of financial markets, has recently unveiled a comprehensive report shedding light on the enigmatic world of cryptocurrencies. In this groundbreaking study, Forbes has identified a select group of cryptocurrencies that it terms as “zombie blockchains.” Despite the exponential growth of the cryptocurrency market, boasting over The post XRP, ADA, BCH, LTC, STX Declared Zombie Among 20 Crypto By Forbes appeared first on CoinGape .
The cryptocurrency market is witnessing notable downturns, particularly affecting assets such as XRP, Cardano (ADA), Chiliz (CHZ), TRON (TRX), and Dogelon Mars (ELON). These digital currencies have shown considerable price drops, aligning them with the market’s bearish trends. Most of these tokens have faced significant losses, positioning them as critical considerations for those looking to The post 5 Crypto Making You Poor In 2024 appeared first on CoinGape .
The world’s largest cryptocurrency Bitcoin (BTC) has come under strong price correction recently after the Bitcoin halving event last week. As of press time, Bitcoin is trading at $62,878 with a market cap of $1.238 trillion. On-chain indicators suggest that despite this price volatility, investors are flocking back to Bitcoin with new non-zero wallets rising The post Bitcoin Wallets Rising Quickly As Active Wallets for These Crypto Drop appeared first on CoinGape .
The financial services behemoth DTCC has unequivocally stated its stance: it will not allocate any collateral to exchange-traded funds (ETFs) with exposure to Bitcoin or cryptocurrencies, nor will it extend any loans against them. DTCC Giving A Big Blow to Bitcoin ETFs? Starting April 30, 2024, the Depository Trust & Clearing Corporation (DTCC) will enact The post DTCC Announces ETFs with Bitcoin Exposure to Hold Zero Collateral Value for Loans appeared first on CoinGape .
Custodia Bank CEO Caitlin Long has lauded the recent decision by the Depository Trust & Clearing Corporation (DTCC) to assign zero collateral value to Exchange-Traded Funds (ETFs) featuring Bitcoin (BTC) or other cryptocurrencies as underlying assets. On April 30, DTCC will start enacting amendments to collateral values for particular securities as part of its annual The post Custodia Bank CEO Hails DTCC Decision On Zero Collateral Value Of Bitcoin ETF appeared first on CoinGape .
The foremost crypto token, Bitcoin, continues to dominate and direct the market movement#partnercontent
In a tumultuous turn of events, the recent crypto market selloff has sparked discussions in the digital asset market while resulting in the liquidation of a staggering $70 billion within a span of 24 hours. Meanwhile, this latest downturn follows a period of heightened volatility in recent days, raising concerns among investors and analysts alike. The post Crypto Market Selloff: $70 Bln Liquidated As BTC, SOL, XRP, SHIB Prices Fell appeared first on CoinGape .
In a riveting turn of events, despite Bitcoin’s super-dominance across the global crypto realm, pro-XRP lawyer Bill Morgan took to a post on X, slamming the world’s first digital currency. According to the post shared today, April 27, Morgan slated Bitcoin to be ‘overhyped,’ sparking a global fervor among crypto market participants. Morgan’s critique of The post Pro-XRP Lawyer Takes A Dig At Bitcoin, Calls It Overhyped appeared first on CoinGape .
Apple has re-ignited discussions with OpenAI to use the firm’s generative AI technology for the iPhone. According to News reports, Apple and OpenAI have resumed talks over-leveraging the startup’s generative AI technology to power certain new features that will be unveiled in the iPhone later this year. The move comes when Apple is trying to The post Apple Re-Explores Partnership with OpenAI to Boost iPhone Features appeared first on CoinGape .
Arkham Intel, a blockchain data tracking firm, recently disclosed significant Bitcoin holdings associated with WisdomTree‘s physical Bitcoin exchange-traded product (ETP), WBIT. According to data shared on the social media platform X, WBIT possesses 8,900 BTC, which is currently valued at approximately $579 million. The assets are spread across 134 wallets, reflecting the ETP’s robust structure The post WisdomTree WBIT ETP Holds 8,900 BTC in Cold Storage appeared first on CoinGape .