Author: coinadrenaline

The creator of Ethereum layer 2 blockchain Base, Jesse Pollak, has apologized following backlash over posting digital artwork that controversially played on Base’s tagline, “Base is for everyone.”Several social media users found the artwork offensive and inappropriate.“It was a single phrase among many, but I’ll own this was a mistake and apologize,” Pollak said in an April 18 X post referring to his decision to reshare a GIF image that featured the phrase “Base is for…” followed by a rotating sequence of words, including both controversial terms like “pimping” and “squirting,” as well as more neutral ones like “art,” “minting,”…

Financial Times reports that bitcoin and crypto exchange Binance is advising several countries on creating their own bitcoin and crypto regulations and establishing national strategic bitcoin reserves. Binance CEO Richard Teng revealed that multiple governments seek the exchange’s guidance on establishing strategic bitcoin reserves and crafting digital asset policies following recent U.S. moves toward creating a national bitcoin stockpile. “We have actually received quite a number of approaches by a few governments and sovereign wealth funds on the establishment of their own crypto reserves,” Teng said in an interview with the Financial Times. While declining to name specific countries, he…

As we look at our world, it seems that individual humans are increasingly on the edges and in the margins of the big stories that play out on our scrolling screens. The narratives that captivate and resonate with ordinary folks seem to exist at a scale beyond the reach of any one of us — Those big stories about economies, countries, and companies weave a narrative that can seem dire at times, or too big for an individual human to change in a meaningful way. But this is not the true narrative of the world, nor is it the right…

The native asset of a Bitcoin (BTC)-focused decentralized finance (DeFi) project defied the crypto market doldrums and skyrocketed by more than 55% this week. Threshold Network powers tBTC, a decentralized wrapped Bitcoin that can be used throughout DeFi ecosystems. The project’s native token, T, is trading at $0.0223 at time of writing, up from $0.0143 one week ago. The 236th-ranked crypto asset by market cap is also up nearly 48% in the past 24 hours alone. T’s price surge largely materialized after Threshold Network announced on Thursday that it planned to restructure its decentralized autonomous organization (DAO) to reduce annual…

Corporate bitcoin adoption is exploding as institutions pour billions into BTC, signaling the end of altcoin hype and the rise of crypto’s fundamental-driven future. ‘No More Alt Season’: Bitwise CIO Declares End of Speculation Era in Crypto Bitwise Asset Management executives are signaling a shift in the crypto landscape, as their newly released Corporate Bitcoin […]

Ethereum is gearing up for two major upgrades, Pectra and Fusaka. However, these upgrades don’t address underlying concerns with its tokenomics. Ethereum (ETH) is set to roll out two major upgrades this year, Pectra and Fusaka. However, these upgrades come at a time when Ethereum is under constant threat, a research report by Binance, released on April 16, states. With the next upgrades, improvements are coming to data availability, expanded support for layer-2 chains, and enhancements to wallets. However, investors continue to express concern over value accrual. Specifically, some of these upgrades appear to favor layer-2 networks over Ethereum’s own…

JPMorgan signals a major shift in market sentiment, highlighting fading bitcoin demand as gold captures massive inflows and reasserts dominance in the global safe-haven race. JPMorgan Warns Bitcoin Is Losing Ground to Gold as Global Flows Shift Dramatically JPMorgan Chase analysts stated Wednesday that bitcoin is no longer riding the wave of safe-haven demand, contrasting […]

Bitcoin (BTC) faces “unprecedented” US dollar correlation as new BTC price research gives a $75,000 floor.In one of his latest analyses on April 18, network economist Timothy Peterson calculated that BTC/USD may rise as high as $138,000 within the next three months.BTC price probabilities give bulls the upper handBitcoin is navigating highly unusual macroeconomic conditions as a result of the ongoing US trade war, but history still offers clues as to where BTC price action may head next.For Peterson, the US High Yield Index Effective Yield, currently at over 8%, holds the key.“This has happened 38 times since 2010 (monthly data),”…

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…

Bitcoin prices gained by only 0.95% in the past week amidst an intense market consolidation. The premier cryptocurrency is struggling to break out of the $85,000-$86,000 price range following an impressive price rally in the second week of April. However, popular crypto analyst Ali Martinez has identified the major price resistance for the current Bitcoin uptrend. Bitcoin STH Realized Price At $91,000 Presents Major Make-Or-Break Moment  In a recent post on X, Martinez states that Bitcoin faces a key resistance level at the $91,275 following a price rebound in early April. Notably, the asset surged by 17.33% after reaching a price…