Author: Crypto Insider

Bitcoin’s growing dominance over the last 15 years signifies the importance of the mechanisms creator Satoshi Nakamoto devised to overcome the shortcomings of the fiat ecosystem — one of them being halving. Nakamoto invented the Bitcoin halving mechanism, which reduces the BTC rewards for mining over time to slow down the issuance of the limited 21 million…

After a dormant 2022 and much-muted 2023, GameFi projects are making a comeback as the bull market rages. This week, move-to-earn protocol StepN announced it would partner with Adidas for a 1,000 Genesis Edition nonfungible tokens (NFT) drop on Solana. The launch is part of an ongoing one-year partnership between the two firms that will…

The top five identified crypto whales with publicly known wallet addresses hold around $3.5 billion in crypto, according to a dashboard from blockchain intelligence firm Arkham. However, due to lost passwords and private keys, a large chunk of it is inaccessible. On April 15, the on-chain intelligence platform announced the updated dashboard revealing the holdings of some…

Cryptocurrency exchange OKX has joined the likes of Coinbase in launching an in-house Ethereum-based layer-2 network to provide lower fees and interoperability for users interacting with decentralized applications. OKX’s launched the public mainnet of X Layer, its zero-knowledge proof powered network, on April 15. The network was built using Polygon’s chain development kit (CDK) and…

Three recently approved spot Bitcoin and Ether exchange-traded funds (ETFs) in Hong Kong may not be as big of a deal as some may think, according to senior Bloomberg ETF analyst Eric Balchunas. On April 15, The Hong Kong Securities and Futures Commission (SFC) issued conditional approvals to three offshore Chinese asset managers to begin issuing spot Bitcoin and…

Only six altcoins among the top 50 tokens by market cap have managed to outperform Bitcoin so far this year, asBitcoin dominance reached a three-year high over the weekend. The memecoin Dogecoin stands as the best-performing altcoin in the top 50, having posted year-to-date gains of just over 77% — climbing from $0.09 on Jan. 1 to…