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Bitcoin’s range-bound action puts eyes on NEAR, AR, CORE and BONK

Bitcoin (BTC) attempted to start a relief rally this week but met with intense selling pressure near $67,000. The largest cryptocurrency by market capitalization is on track to end the week with a minor loss of about 2%.

Popular trader and analyst Rekt Capital believes that Bitcoin has “entered the Post-Halving ‘Danger Zone’” where it…

https://apexblockchainnews.com/bitcoins-range-bound-action-puts-eyes-on-near-ar-core-and-bonk/

Solana Advances Congestion-Alleviating Central Scheduler Feature to Testnet

Anza, a dev collective behind Solana, recommended the adoption of Agave v1.18.12 into the blockchain’s devnet and testnet. This new version of the mentioned client ships with a central scheduler that aims to reduce congestion by increasing fee collection and reducing conflicting transactions. Anza is calling for increased testing on this functionality. Anza Calls for…

https://apexblockchainnews.com/solana-advances-congestion-alleviating-central-scheduler-feature-to-testnet/

Memecoin sector’s continued growth hinges on long-term utility

Despite the recent craze surrounding Bitcoin (BTC) — which saw the digital asset hit an all-time high of $73,600 in March — the memecoin sector has been the most profitable crypto narrative so far in 2024, registering average returns of over 1,300% across the top tokens by market capitalization.

Several memecoins have seemingly taken the…

https://apexblockchainnews.com/memecoin-sectors-continued-growth-hinges-on-long-term-utility/

Analysts Claim Bitcoin Reached a Market Top, Targets $42,000

Recent analyses from leading cryptocurrency experts suggest that Bitcoin, currently oscillating between $63,000 and $61,000, could be poised for a significant downturn.

These analysts warn about a potential market top that could result in an aggressive price correction.

Why Bitcoin May Crash to $42,000

Technical analyst DonAlt expresses concerns about the $63,000 – $61,000 support…

https://apexblockchainnews.com/analysts-claim-bitcoin-reached-a-market-top-targets-42000/

New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today

A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest first. Additionally, victims have the right to request the release of funds held in crypto accounts…

https://apexblockchainnews.com/new-uk-law-empowering-authorities-to-seize-and-destroy-crypto-assets-takes-effect-today/

US Stablecoin Legislation Nears Approval: Rep. Waters

US Representative Maxine Waters, ranking member of the Financial Services Committee, has indicated that a bipartisan consensus on stablecoin legislation is within reach.

The announcement reflects months of negotiation and collaboration across party lines. This includes government agencies to introduce a regulatory framework for digital assets.

Final Draft of US Stablecoin Bill Ready Soon, Says…

https://apexblockchainnews.com/us-stablecoin-legislation-nears-approval-rep-waters/

Sam Altman’s OpenAI reportedly in partnership talks with his other firm, Worldcoin

OpenAI, an artificial intelligence company co-founded and helmed by Sam Altman, is reportedly in partnership talks with Tools For Humanity’s Worldcoin, a cryptocurrency-based universal basic income and identity verification firm also co-founded by Sam Altman.

Bloomberg recently reported that the two firms are in negotiations for a partnership that would see OpenAI providing AI solutions…

https://apexblockchainnews.com/sam-altmans-openai-reportedly-in-partnership-talks-with-his-other-firm-worldcoin/

Gaming and AI infrastructure CARV secures $10 million in series A funding

CARV announces a $10M Series A funding to enhance its gaming and AI data layer, supported by Tribe Capital and IOSG Ventures.

The post Gaming and AI infrastructure CARV secures $10 million in series A funding appeared first on Crypto Briefing.

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https://apexblockchainnews.com/gaming-and-ai-infrastructure-carv-secures-10-million-in-series-a-funding/

Crypto funds see $206 million in weekly outflows led by US Bitcoin ETFs: CoinShares

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do…

https://apexblockchainnews.com/crypto-funds-see-206-million-in-weekly-outflows-led-by-us-bitcoin-etfs-coinshares/