Author: Crypto News Live

Bitcoin’s Sharpe Ratio was higher than Gold’s and that of other key equity and commodity markets Bitcoin’s 30-day realized volatility in the first week of April was the highest since late 2022 World’s largest cryptocurrency Bitcoin [BTC] outperformed mainstream financial instruments of the market in risk-adjusted returns, all while maintaining its typical “high-volatility” characteristics. The best investment option currently? According to crypto-market data provider Kaiko, Bitcoin’s Sharpe Ratio was higher than Gold’s and that of other key equity and commodity markets in early April. Source: Kaiko The Sharpe ratio is a widely used metric in finance, measuring the risk-adjusted returns…

The blockchain world is on the cusp of a transformative era with Adaptive IBC (Inter-Blockchain Communication), a technology that could unify the currently fragmented blockchain ecosystem. Spearheading this initiative is the Octopus Network, a multi-chain network creating waves with its application chains, or appchains, developed around the NEAR Protocol. Octopus Network: A Visionary Approach to Blockchain Interoperability At the heart of the Octopus Network lies a commitment to innovation and ease of use for blockchain developers. By utilizing the NEAR Protocol’s environment, Octopus Network is uniquely positioned to streamline the development process, allowing for out-of-box interoperability and simplified bootstrapping of…

Permissionless Capital, a web3 platform for startups, has announced the launch of its Permissionless Opportunities Event, inviting web3 startups to apply for a chance to secure resources and support to bring their products to market, as reported by the company. The program aims to provide eligible web3 startups access to tools, funds, and connections to navigate the blockchain industry and successfully launch their offerings.According to Permissionless Capital, applications for the event can be submitted in just 90 seconds, with no fees or pitches required. The company expects dozens of startups to apply for the inaugural Permissionless Opportunities Event, with the…

Tensor Overview Tensor Price Change 24h -4.21% Tensor Price Change 7d -18.66% Tensor Market cap $223,669,385.42 Tensor All time high $2.45 Tensor All time low $1.57 Tensor Prediction Table 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 April $1.75 $1.93 $1.99 May $1.92 $1.99 $2.07 June $1.98 $2.07 $2.17 July $2.06 $2.13 $2.27 August $2.15 $2.22 $2.38 September $2.22 $2.31 $2.47 October $2.26 $2.35 $2.56 November $2.33 $2.40 $2.68 December $2.38 $2.47 $2.77 All Time $2.12 $2.21 $2.37 January $1.80 $2.34 $2.89 February $1.86 $2.43 $3 March $1.91 $2.51 $3.12 April $1.96 $2.60 $3.24 May $2.01 $2.68 $3.35…

Toncoin (TON), the native cryptocurrency of The Open Network blockchain, has achieved a significant milestone by overtaking Cardano’s ADA token to become the tenth-largest cryptocurrency by market capitalization. On 9 April 2024, TON’s price surged by 13% to reach $6.65, resulting in a market capitalization of $23 billion, surpassing ADA’s $22 billion market cap. The recent rally might partially be explained by TON Society developers setting aside $5 million in Toncoin to incentivize users to verify their identity using palm-scanning technology. In an effort to address the growing need for secure digital identity verification, the TON Foundation announced on 7…

Analysts from CryptoQuant have revealed that the influence of the 2024 Bitcoin halving on the price of BTC has notably diminished. According to the crypto analytics firm, the highly anticipated halving event is no longer the key driver for a bullish momentum in BTC.  Bitcoin Halving Effects On Prices Is Fading CryptoQuant wrote in a recent research report that the upcoming Bitcoin halving event scheduled this April may not deliver the desired price shock expected by most crypto analysts and investors in the space.  According to the analytics firm, the influence of the Bitcoin halving event has been dwindling over…

A widely followed crypto strategist thinks that Bitcoin’s current strength will push BTC to a price level that exceeds people’s expectations this cycle. Analyst Michaël van de Poppe tells his 711,000 followers on the social media platform X that Bitcoin managing to print a new all-time high above $73,000 before the halving – when miners’ rewards are slashed in half – is a solid signal of strength. According to the crypto trader, he sees BTC generating more than 4X gains from current levels before witnessing a cycle top. “Bitcoin still facing crucial resistance. If this breaks, then we’ll be seeing…

BounceBit, a key player in the blockchain industry, has announced exciting partnership with another giant, Polyhedra Network. Polyhedra is an emerging, zero-knowledge infrastructure platform redefining Web3 interoperability and scalability through state-of-the-art zero-knowledge proof protocols. In addition to this, BouncingBit aims to improve Bitcoin interoperability with the BounceBit ecosystem. Excited to announce our partnership with @PolyhedraZK 🤝BounceBit will integrate zkBridge and its Bitcoin Messaging & Token Swap protocol to accelerate liquidity growth. Users benefit from trustless bridging of assets to & from BounceBit.More details➡️https://t.co/dSIwSQhXQ0 pic.twitter.com/pN5yCG8qLl — BounceBit (@bounce_bit) April 9, 2024 Polyhedra Network’s zkBridge Integration Enhances BounceBit’s Layer 1 Chain This…

TL;DRFull StoryBefore you say anything — we know…Writing a feature article about a stablecoin under the heading ‘This is cool’ feels like a stretch.So we’ll start with this:How would you feel if tomorrow, anyone (and we mean anyone) that you transacted with via debit or credit card could then see and track your finances?We’re talking: your barista, your landlord, that Nigerian Prince you kindly helped back in the early 2000’s…They can all see how much money you have (have had), and where you’re spending it — all in real-time. You’d be fuming right? (We’re all used to having a certain…

Bitcoin has again experienced a price decline since briefly climbing above the $72,000 mark on April 8. This price dip is believed to be due to a couple of factors, which no doubt present a bearish outlook for the flagship crypto. Inflation Data Expected To Come In Hot The March Consumer Price Index (CPI) data is scheduled to be released on April 10. Some market experts predict that the report will show a rise in overall inflation. This could lead to the Federal Reserve taking a hawkish stance on interest rates, negatively impacting Bitcoin’s price and the broader crypto market. …