Category: crypto

Onchain IP transforms traditional, static intellectual property rights into transparent and tradable assets. Projects like My Pet Hooligan show how NFT-based IP can make audiences into owners. This shift allows fans and creators to become stakeholders in the entertainment industry, creating a more equitable and open system for all.

A new academic working paper found that only 3.14% of Polymarket users are driving much of the platform’s price discovery, with skilled traders and market makers capturing over 30% of gains. The study reviewed millions of accounts and billions of dollars in trading volume, challenging the idea that prediction markets reflect broad crowd wisdom. Insider…

A recent academic study found that XRP prices are still influenced by signals from Wall Street. The research showed that XRP and other cryptocurrencies are closely linked to traditional markets, with stocks, bonds, and sovereign risk indicators leading market direction. Even during crises, traditional market signals impact XRP prices.

Bitcoin traders are monitoring U.S. economic events that could impact risk appetite. The focus is on the Federal Reserve decision, GDP and PCE inflation data, tech earnings, and geopolitical headlines. The Fed meeting on April 29 will guide trading across stocks, bonds, and crypto. Bitcoin remains sensitive to broader financial conditions.

Republican Senator Thom Tillis has lifted his opposition to Kevin Warsh’s nomination as Federal Reserve chair after the Department of Justice concluded its investigation into Jerome Powell. The Senate Banking Committee is set to vote on April 29, with a full Senate decision expected in mid-May before Powell’s term ends. Warsh’s confirmation could impact interest…

Ripple CTO David Schwartz defended his 2017 XRP comments after receiving criticism from the crypto community. He clarified that the comments were about liquidity needs, not a future price target. Schwartz also deleted posts related to Arbitrum, adding more attention to his recent explanations. The debate highlights how past XRP comments continue to influence community…

Coachella has partnered with Google DeepMind to test new AI tools that reshape live music performances. Three prototypes were created, including a 3D space for fans to explore concerts from different perspectives. The goal is to create interactive digital environments for both artists and fans, with potential for future integration into live shows.

Bitcoin experienced a significant price swing on Monday after reports indicated that Iran had sent a new proposal to the U.S. through Pakistani mediators. The price of Bitcoin briefly surged to near $79,500 before dropping back down, resulting in about $275 million in liquidations as leveraged traders reacted to fast-changing geopolitical news.

Western Union will launch its USDPT stablecoin in May to facilitate faster settlement across payment corridors. The stablecoin, built on Solana and issued by Anchorage Digital Bank, will not be directly available to retail users but will serve as a settlement tool with agents. The company is also launching the Digital Asset Network to connect…

The Ethereum Foundation unstaked 17,035 ETH worth $40 million after nearing its 70,000 ETH staking goal. The foundation deposited wrapped staked ETH into Lido’s unstETH contract and awaits ETH after the withdrawal queue completes. Market users questioned a possible sale, but the foundation has not provided an explanation yet.