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📊No votes yet – Be the first to vote Bitchat downloads jumped massively. The surge happened during protests across Madagascar, Nepal, Indonesia, and Iran throughout last year, with users flocking to decentralized messaging platforms when traditional communication channels faced restrictions or shutdowns. People in these countries didn’t have many options when governments started cracking down on regular social media and messaging apps. Bitchat offered something different – a way to keep talking even when authorities tried to cut off internet access or monitor conversations. The timing wasn’t coincidental at all. Protest Hotspots Drive Downloads Madagascar saw huge demonstrations against government…
Bitcoin BTC$68,888.47 began the year on a painful note, even as equity markets remained buoyant. But stock traders’ luck is now running out, as rising bond yields pressure valuations.Prices for bitcoin plunged to nearly $60,000 from around $90,000 in the first five weeks of the year, according to CoinDesk data. The decline marked a sharp decoupling from the S&P 500 and Nasdaq, which were trading at or near record highs at the time. Analysts wondered how long the divergence would last — whether bitcoin would quickly bounce back or stocks would eventually catch up with the weakness in bitcoin. The…
Bitcoin’s BTC$70,483.40 price action is giving us a sense of déjà vu, and it’s not the good kind.If you look at the price swings since early February, a very specific, ominous pattern is forming that looks strikingly similar to the setup we saw between November and January. That set up eventually paved the way for a crushing sell-off to nearly $60,000.We are looking at what technical analysts often call a counter-trend recovery – a modest bounce within a downtrend.Here is the chart. Check out the two yellow channels.Bitcoin’s daily chart. (TradingView)The first yellow channel, on the left, shows price action…
The Bored Ape Yacht Club’s (BAYC) sister project, ApeCoin, is marking its fourth anniversary, celebrating years of ecosystem expansion and development. According to a tweet from the official ApeCoin X account, the project will be celebrating the anniversary in the Otherside Metaverse. Participants have been instructed to use the ApeCoin (APE) emote in the Otherside, post their shots, and tag the project on X. The APE emote is an interactive 3D animation represented by a gorilla/ape icon in the Otherside. Community members use this specialized icon to celebrate moments and show engagement in the metaverse. Apecoin intends to reward some…
Key takeaways:SOL derivatives signal bearish sentiment as funding rates hit 0% and put (sell) options trade at a premium.While Solana leads in DEX volume, it faces stiff competition from Hyperliquid in the perpetual contracts sector.Solana’s native token SOL (SOL) faced a 3-day 11% decline after peaking at $97.70 on Monday. Thursday’s move down to $87 triggered $25 million in leveraged long positions being liquidated, negatively impacting trader sentiment. SOL derivatives currently point to fear of further downside and a lack of conviction from bulls, increasing the odds of retesting the $80 level.SOL perpetual futures annualized funding rate. Source: Laevitas.chThe SOL…
Artificial Intelligence in Social Media Market Worldwide Market Reports has recently released a comprehensive research study titled “Artificial Intelligence in Social Media Market Size and Forecast 2026-2033: Breakdown by Manufacturers, Key Regions, Types, and Applications.” The report has been developed using a combination of primary and secondary research methodologies, ensuring a detailed and accurate analysis. Drawing insights from both historical data and future projections, the study highlights the expected growth of the Artificial Intelligence in Social Media market in terms of both value and volume over the forecast period. It provides an in-depth understanding of key market drivers, challenges, opportunities,…
The quantum risk to Bitcoin investors is real, but not all wallets are vulnerable, and the people best positioned to address it are working on it, says Galaxy Digital research analyst Will Owens.Owens said in a report on Thursday that, in theory, a quantum computer could derive private keys from public keys, allowing an attacker to impersonate the owner, forge a signature and steal coins. However, he argued that not all wallets are equally vulnerable to this risk.“In fact, most wallets are not vulnerable today. Funds are at risk only when public keys are exposed on-chain,” he said.Owens said that created…
Another Friday is here again, and another batch of Bitcoin and Ethereum options contracts is expiring as spot markets retreat from their recent rally. Around 24,600 Bitcoin options contracts will expire on Friday, Mar. 20, with a notional value of roughly $1.7 billion. This event is smaller than last week’s, which was also quite negligible, so it is unlikely to affect spot markets. Crypto prices have been in decline over the past few days following the Federal Reserve’s hawkish outlook for the rest of the year. Total capitalization has declined by $75 billion since Monday, and volatility and volumes have…
Animoca Brands has announced a strategic investment in Avalanche. The move aims at promoting the adoption of projects built on Avalanche. Could the strategic investment boost AVAX price? The Avalanche (AVAX) price has slipped below $10 as cryptocurrencies experience sell-off pressure. AVAX could extend the decline to below $9, but is the announcement that Animoca Brands has partnered with Ava Labs to help expand adoption across the Middle East and Asia bullish for the token? Animoca Brands partners with Ava Labs Animoca Brands is one of the most influential entities in the web3 ecosystem, boasting notable traction globally and particularly…
Welcome back, Web3 community, to our weekly NFT roundup! Even though the market’s heartbeat fluctuates, builders and artists are still working hard at their keyboards to create top tier collections. This week, our heatmap is glowing with surprising developments: from the return of original PFP art to incredibly attractive “buy the dip” opportunities in the GameFi space.Let’s “unbox” the names making waves this week: The Bunns, Dark Table Founder’s Packs, and the booming new wave on the Ethereum network!The BunnsThe Bunns – Source: OpenSeaMany projects today use complex roadmaps or promise over the top utilities. The Bunns takes a different…
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