Coinspeaker Elon Musk Linked to Mysterious Whale Dogecoin Wallet amid Recent Crypto Hype The latest Elon Musk and Dogecoin (DOGE) Twitter hype has drawn attention to a mysterious wallet that once custodied $24 billion in DOGE. On April 3, the outspoken Tesla CEO replaced Twitter’s logo with Dogecoin’s, triggering an immediate crypto bullish run. DOGE’s price reportedly surged approximately 30% to $0.09 […]
Founders of Three Arrows Capital Open New Crypto Exchange OPNX
Coinspeaker Founders of Three Arrows Capital Open New Crypto Exchange OPNX Almost a year after crypto hedge fund Three Arrows Capital (3AC) filed for Chapter 11 bankruptcy, its founders launched a new crypto exchange OPNX. Su Zhu and Kyle Davies made the announcement on Tuesday, April 4, that the OPNX exchange is now available for […]
JOLTS Job Openings Tank Under 10M for First Time in Two Years
Coinspeaker JOLTS Job Openings Tank Under 10M for First Time in Two Years On Tuesday, April 4, the US Bureau of Labor Statistics (BLS) revealed that the number of job openings on the last business day of February 2023 was 9.9 million. This number dropped from the 10.5 million jobs in the previous month of […]
P2P Platform Paxful Folds, Cites Regulatory Challenges amid Other Reasons
Coinspeaker P2P Platform Paxful Folds, Cites Regulatory Challenges amid Other Reasons The global peer-to-peer (P2P) market is fast losing popularity and Paxful may be the latest platform to be affected by this reality. According to a blog post by Paxful CEO Ray Youssef, the firm is winding down its operations immediately with no assurance of […]
OpenSea Rebrands Gem, Launches Pro Platform For NFT Traders
OpenSea has announced the launch of OpenSea Pro, a marketplace with advanced features aimed at the growing market of professional NFT traders. Leading non-fungible token (NFT) marketplace OpenSea has unveiled OpenSea Pro, a marketplace offering advanced features to cater to the burgeoning market of professional NFT traders. The move comes as rival NFT marketplace Blur […]
Arbitrum’s withdrawal raises concerns about DAO governance
Arbitrum, for its part, has been forced to withdraw its key proposal. This was the $1 billion transfer of ARB tokens for the capitalization of the Arbitrum Foundation. In this specific case, it so happened that the token holders in the Ethereum Layer 2 scaling project found this offensive and decided to vote against it […]
Bitcoin whales push ‘choreographed’ BTC price as Ether nears $2K
Bitcoin and Ethereum are both attempting to tackle major price boundaries, but suspicions over the cause of the rally remain. Bitcoin (BTC) headed back toward $29,000 into April 5 as data showed whale orders guiding price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysis: BTC price push still “bear market rally” Data from Cointelegraph […]
OpenSea advanced NFT marketplace sparks mixed community reactions
A community member believes that the move will enhance user experience in the space while another thinks that OpenSea “failed to rock the boat.” In another attempt to win back its users from its budding nonfungible token (NFT) marketplace competitor Blur, OpenSea rebranded Gem V2 into OpenSea Pro, triggering mixed responses from the community. On […]
Render token rises 8% as community votes on proposed Solana migration
Render Network’s RNDR is up 8% in the last 24 hours after the community started voting on a proposed migration to Solana (SOL). The token is trading at $1.37 as of press time and has increased by 15.8% in the last seven days, according to CryptoSlate’s data. Render eyes Solana migration The Polygon-based protocol is […]
CZ says current blockchain throughput cant make Binance a hybrid exchange
Binance CEO Changpeng ‘CZ’ Zhao said blockchain throughput is “not there yet” to make his firm a hybrid exchange. CZ was responding to a community member who advised that Binance be made a hybrid exchange. According to CZ, it is easier said than done because the exchange has “to ensure fund security” and other things. […]