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Solana Provides State Compression To Reduce The Cost Of NFT Storage A solution from Solana has been released in an effort to lower the price of on-chain storage for non-fungible tokens (NFT). On-chain storage, which can be an expensive operation, refers to the storage of data on the blockchain network. The new approach, known as "state compression," lowers the amount of on-chain storage needed to hold NFTs, which benefits both sellers and buyers by lowering costs and saving storage costs by up to 100 times.

Solana Provides State Compression To Reduce The Cost Of NFT Storage

A solution from Solana has been released in an effort to lower the price of on-chain storage for non-fungible tokens (NFT). On-chain storage, which can be an expensive operation, refers to the storage of data on the blockchain network. The new approach, known as "state compression," lowers the amount of on-chain storage needed to hold NFTs, which benefits both sellers and buyers by lowering costs and saving storage costs by up to 100 times.

Polygon Becomes The Second-Largest Gaming Blockchains In March After Rise In Activities After experiencing a significant increase in daily unique active wallets (dUAW) over the past month, layer-2 scaling solution Polygon (MATIC) is becoming well-known in the gaming industry. DappRadar, a blockchain intelligence platform, reports that Polygon logged 138,081 dUAWs in March, a 53% rise over the figures reported in February. Following Boomland's Hunters On-Chain launch on its testnet last month, Polygon is currently the second-largest game blockchain.

Polygon Becomes The Second-Largest Gaming Blockchains In March After Rise In Activities

After experiencing a significant increase in daily unique active wallets (dUAW) over the past month, layer-2 scaling solution Polygon (MATIC) is becoming well-known in the gaming industry. DappRadar, a blockchain intelligence platform, reports that Polygon logged 138,081 dUAWs in March, a 53% rise over the figures reported in February. Following Boomland's Hunters On-Chain launch on its testnet last month, Polygon is currently the second-largest game blockchain.

Robinhood's Wallets Contain A Quarter Of The DOGE Supply Or Tens Of Billions Of DOGESmall amount of holders started buying additional DOGE to their crypto holdings as the popular meme coin rose over 30% at the beginning of the week when Elon Musk briefly used it as the Twitter logo. Yet, users of the well-known trading platform Robinhood continue to stick onto the meme crypto. The trading app's wallets currently hold 33,562,118,437 DOGE on behalf of its users. This amounts to $2,770,888,498 which is 24.17% of the DOGE supply.

Robinhood's Wallets Contain A Quarter Of The DOGE Supply Or Tens Of Billions Of DOGE

Small amount of holders started buying additional DOGE to their crypto holdings as the popular meme coin rose over 30% at the beginning of the week when Elon Musk briefly used it as the Twitter logo. Yet, users of the well-known trading platform Robinhood continue to stick onto the meme crypto. The trading app's wallets currently hold 33,562,118,437 DOGE on behalf of its users. This amounts to $2,770,888,498 which is 24.17% of the DOGE supply.
In Grayscale's Smart Contract Platform Fund, Cardano Expands Its PresenceCardano (ADA) has a stronger position in Grayscale Investments' Smart Contract Platform Ex-Ethereum Fund, the largest digital currency asset manager in the world, according to the company's announcement of the first quarter in 2023 fund rebalancing. Grayscale's GSCPxE Fund exposes investors to other smart contract platforms outside Ethereum, emphasizing the growing significance of Cardano in the quickly developing smart contract ecosystem.

In Grayscale's Smart Contract Platform Fund, Cardano Expands Its Presence

Cardano (ADA) has a stronger position in Grayscale Investments' Smart Contract Platform Ex-Ethereum Fund, the largest digital currency asset manager in the world, according to the company's announcement of the first quarter in 2023 fund rebalancing. Grayscale's GSCPxE Fund exposes investors to other smart contract platforms outside Ethereum, emphasizing the growing significance of Cardano in the quickly developing smart contract ecosystem.
Scaramucci Declares That We're Over The Bear Market While Bitcoin Gains 70% Year To DateAnthony Scaramucci, the founder of SkyBridge Capital, voiced confidence in his company's crypto investments following Bitcoin's outstanding start to 2023 by asserting that we're over the bear market. Scaramucci emphasized that bitcoin has consistently beaten every other asset as it has increased from $16,521 to $28,060 in 2023, a gain of about 70%, as opposed to the S&P 500 index, which has increased by just over 7% over the same time period.

Scaramucci Declares That We're Over The Bear Market While Bitcoin Gains 70% Year To Date

Anthony Scaramucci, the founder of SkyBridge Capital, voiced confidence in his company's crypto investments following Bitcoin's outstanding start to 2023 by asserting that we're over the bear market. Scaramucci emphasized that bitcoin has consistently beaten every other asset as it has increased from $16,521 to $28,060 in 2023, a gain of about 70%, as opposed to the S&P 500 index, which has increased by just over 7% over the same time period.
Bitcoin Difficulty And Hash Rate Reach All-Time High With Increased Revenue For MinersThe time and effort required to find a good hash for each block on the blockchain in Bitcoin increased by 2.23% yesterday at block height 784,224. The overall Bitcoin network's average hash rate, or calculation power, has reached a record high of 342.16 EH/s. Bitcoin's network difficulty and hash rate have increased but miner income has also climbed. Bitcoin miners made slightly under $732 million in March, totalling $755 million after transaction fees.

Bitcoin Difficulty And Hash Rate Reach All-Time High With Increased Revenue For Miners

The time and effort required to find a good hash for each block on the blockchain in Bitcoin increased by 2.23% yesterday at block height 784,224. The overall Bitcoin network's average hash rate, or calculation power, has reached a record high of 342.16 EH/s. Bitcoin's network difficulty and hash rate have increased but miner income has also climbed. Bitcoin miners made slightly under $732 million in March, totalling $755 million after transaction fees.
Changpeng Zhao Claims That The Crypto Industry Requires More Decentralized ExchangesAccording to the Changpeng Zhao, CEO of the largest cryptocurrency exchange platform by volume which is Binance, the cryptocurrency sector is currently in need of more decentralized exchanges (DEXes). Although he oversees a sizable centralized cryptocurrency exchange (CEX) and DEXes potentially have flaws, the CEO of Binance, Changpeng Zhao has stated that he believes that the market needs decentralized cryptocurrency exchanging platforms.

Changpeng Zhao Claims That The Crypto Industry Requires More Decentralized Exchanges

According to the Changpeng Zhao, CEO of the largest cryptocurrency exchange platform by volume which is Binance, the cryptocurrency sector is currently in need of more decentralized exchanges (DEXes). Although he oversees a sizable centralized cryptocurrency exchange (CEX) and DEXes potentially have flaws, the CEO of Binance, Changpeng Zhao has stated that he believes that the market needs decentralized cryptocurrency exchanging platforms.
In Q1 2023, Bitcoin Outperformed The Top Five Major Indices By 170%Bitcoin is back on track, overtaking financial products and becoming a rewarding investment alternative. As of Q1 2023, Bitcoin's return on investment was 170.32% over average of five major stock indices which are NASDAQ Composite with 17.39% best gains, followed by S&P 500 with 6.36%, and US Small Cap 2000 with 2.51%. Also, the Dow Jones Industrial Average was the fifth with a ROI of 0.56% while the FTSE 100 was fourth with a ROI of 0.99%.

In Q1 2023, Bitcoin Outperformed The Top Five Major Indices By 170%

Bitcoin is back on track, overtaking financial products and becoming a rewarding investment alternative. As of Q1 2023, Bitcoin's return on investment was 170.32% over average of five major stock indices which are NASDAQ Composite with 17.39% best gains, followed by S&P 500 with 6.36%, and US Small Cap 2000 with 2.51%. Also, the Dow Jones Industrial Average was the fifth with a ROI of 0.56% while the FTSE 100 was fourth with a ROI of 0.99%.
Justin Sun Highlights That Tron Is Looking into Incorporating zkEVMJustin Sun, the founder of the Tron network, stated that TRON (TRX) and BitTorrent (BTT), two blockchain networks, are looking into ways to include the zero-knowledge Ethereum (ETH) Virtual Machine (zkEVM) into their own ecosystems. A layer 2 solution called the Zero Knowledge (ZK) rollup enables multiple transactions to be batched off-chain and carried out on the mainnet as it is advantageous for the TRON and Bittorent ecosystems.

Justin Sun Highlights That Tron Is Looking into Incorporating zkEVM

Justin Sun, the founder of the Tron network, stated that TRON (TRX) and BitTorrent (BTT), two blockchain networks, are looking into ways to include the zero-knowledge Ethereum (ETH) Virtual Machine (zkEVM) into their own ecosystems. A layer 2 solution called the Zero Knowledge (ZK) rollup enables multiple transactions to be batched off-chain and carried out on the mainnet as it is advantageous for the TRON and Bittorent ecosystems.
With Increase In Inflation, Binance Opens Up Fiat On-ramps For ArgentinaIn Argentina, where the inflation rate has surged above 100% for the first time in three decades, Binance cryptocurrency exchange has launched fiat ramps. Local users can now add Argentine pesos to their Binance wallets and trade cryptocurrencies through the app, including bitcoin, ether, BNB, EOS, and the dollar-pegged stablecoins BUSD and tether (USDT). Until recently, Binance only had a small presence in Argentina and didn't yet have peso pairs on its cryptocurrency market.

With Increase In Inflation, Binance Opens Up Fiat On-ramps For Argentina

In Argentina, where the inflation rate has surged above 100% for the first time in three decades, Binance cryptocurrency exchange has launched fiat ramps. Local users can now add Argentine pesos to their Binance wallets and trade cryptocurrencies through the app, including bitcoin, ether, BNB, EOS, and the dollar-pegged stablecoins BUSD and tether (USDT). Until recently, Binance only had a small presence in Argentina and didn't yet have peso pairs on its cryptocurrency market.
Luxury Brands Bugatti And Asprey Announce A Collection Of Bitcoin InscriptionsLuxury goods firm, Asprey and legendary car manufacturer Bugatti have joined forces to produce a selection of limited-edition eggs that will be inscribed on the Bitcoin blockchain using the Ordinals protocol. The Asprey Bugatti Egg Collection, according to the announcement by Bugatti, will be the first ever collection by two upscale companies to use a cutting-edge method of encoding digital content on the Bitcoin blockchain, guaranteeing the longevity of the artwork.

Luxury Brands Bugatti And Asprey Announce A Collection Of Bitcoin Inscriptions

Luxury goods firm, Asprey and legendary car manufacturer Bugatti have joined forces to produce a selection of limited-edition eggs that will be inscribed on the Bitcoin blockchain using the Ordinals protocol. The Asprey Bugatti Egg Collection, according to the announcement by Bugatti, will be the first ever collection by two upscale companies to use a cutting-edge method of encoding digital content on the Bitcoin blockchain, guaranteeing the longevity of the artwork.
The Bitcoin White Paper Is Reportedly Concealed In Apple's Current MacOSEvery current version of Apple's Mac operating system contains a hidden copy of Satoshi Nakamoto's initial white paper outlining the Bitcoin network. Andy Baio highlights that a PDF of the Bitcoin white paper comes with every copy of macOS since Mojave in 2018, saying that he was trying to fix the printer when a Virtual Scanner II device emerged and as he switched the media type from "Picture" to "Document," Nakamoto's white paper was displayed.

The Bitcoin White Paper Is Reportedly Concealed In Apple's Current MacOS

Every current version of Apple's Mac operating system contains a hidden copy of Satoshi Nakamoto's initial white paper outlining the Bitcoin network. Andy Baio highlights that a PDF of the Bitcoin white paper comes with every copy of macOS since Mojave in 2018, saying that he was trying to fix the printer when a Virtual Scanner II device emerged and as he switched the media type from "Picture" to "Document," Nakamoto's white paper was displayed.
The Number Of "Wholecoiner" Addresses With More Than 1 Bitcoin Has DoubledThere are roughly a million addresses holding multiple Bitcoins, according to on-chain analytics. Additionally, starting from about mid-2016, the number of "wholecoiner" addresses with over 1BTC has doubled. During the previous cycle peak, it peaked at slightly over 800,000 addresses, but when investors accumulated during the cycle bottom in late 2022 and early 2023, it climbed. Given that there are over 56 million millionaires worldwide, this figure is astonishing.

The Number Of "Wholecoiner" Addresses With More Than 1 Bitcoin Has Doubled

There are roughly a million addresses holding multiple Bitcoins, according to on-chain analytics. Additionally, starting from about mid-2016, the number of "wholecoiner" addresses with over 1BTC has doubled. During the previous cycle peak, it peaked at slightly over 800,000 addresses, but when investors accumulated during the cycle bottom in late 2022 and early 2023, it climbed. Given that there are over 56 million millionaires worldwide, this figure is astonishing.
Matt Hougan Claims That We Are In Bull Market, Citing Imminent Ethereum Game ChangerAccording to Bitwise Asset Management's chief investment officer, Matt Hougan, upcoming Ethereum (ETH) enhancements will lead the ecosystem to grow like never before. According to Hougan, who recently spoke with Anthony Pompliano, once Ethereum Improvement Proposal 4844 (EIP-4844) is finished, development activity in the Ethereum ecosystem is anticipated to surge because the upgrade seeks to significantly reduce transaction costs.

Matt Hougan Claims That We Are In Bull Market, Citing Imminent Ethereum Game Changer

According to Bitwise Asset Management's chief investment officer, Matt Hougan, upcoming Ethereum (ETH) enhancements will lead the ecosystem to grow like never before. According to Hougan, who recently spoke with Anthony Pompliano, once Ethereum Improvement Proposal 4844 (EIP-4844) is finished, development activity in the Ethereum ecosystem is anticipated to surge because the upgrade seeks to significantly reduce transaction costs.
Walmart Targets The Metaverse By Sam's Club Trademark ApplicationIndicating the retail behemoth's intention in joining the metaverse space, Walmart Apollo, a division of Walmart Inc., submitted a trademark application for "Sam's Club" in the U.S. The March 30 application describes a broad range of entertainment services involving virtual, augmented, and mixed realities as the trademark app covers the electrical transmission of virtual reality data and material, online virtual and augmented reality environments.

Walmart Targets The Metaverse By Sam's Club Trademark Application

Indicating the retail behemoth's intention in joining the metaverse space, Walmart Apollo, a division of Walmart Inc., submitted a trademark application for "Sam's Club" in the U.S. The March 30 application describes a broad range of entertainment services involving virtual, augmented, and mixed realities as the trademark app covers the electrical transmission of virtual reality data and material, online virtual and augmented reality environments.
MicroStrategy Increases Its Expanding Cryptocurrency Treasury By Additional 1,045 BitcoinThe American business intelligence company MicroStrategy recently disclosed its most recent purchase of additional 1,045 Bitcoin for about $29.3 million, or an average price of $28,016 per BTC. MicroStrategy owns a total of 140,000 Bitcoin as of April 5, 2023, which were purchased for about $4.17 billion at an average cost of $29,803 per BTC. This information represents a major turning point for the business, which keeps investing in Bitcoin as a reserve asset.

MicroStrategy Increases Its Expanding Cryptocurrency Treasury By Additional 1,045 Bitcoin

The American business intelligence company MicroStrategy recently disclosed its most recent purchase of additional 1,045 Bitcoin for about $29.3 million, or an average price of $28,016 per BTC. MicroStrategy owns a total of 140,000 Bitcoin as of April 5, 2023, which were purchased for about $4.17 billion at an average cost of $29,803 per BTC. This information represents a major turning point for the business, which keeps investing in Bitcoin as a reserve asset.
PostFinance, A Swiss Government-Owned Bank To Provide Crypto Access To ClientsA cooperation with regulated digital asset services provider Sygnum Bank has allowed PostFinance, Switzerland's fifth-largest financial services company, to announce that it would start providing its users with access to crypto. With more cryptocurrencies to be added later, PostFinance, which is completely owned by the Swiss government, will first provide its 2.5 million customers access to buy, store, and trade popular crypto like BTC and ETH.

PostFinance, A Swiss Government-Owned Bank To Provide Crypto Access To Clients

A cooperation with regulated digital asset services provider Sygnum Bank has allowed PostFinance, Switzerland's fifth-largest financial services company, to announce that it would start providing its users with access to crypto. With more cryptocurrencies to be added later, PostFinance, which is completely owned by the Swiss government, will first provide its 2.5 million customers access to buy, store, and trade popular crypto like BTC and ETH.
Private Bank In Liechtenstein Partners With Metaco, A Developer Of Digital Asset TechnologySwiss digital asset technology provider Metaco has signed its fifth partnership with a significant financial institution in the past nine months, this time with Liechtenstein private bank VP Bank (VPBN). To expand its digital asset custody and tokenization services, VP Bank hired Metaco to provide the Harmonize platform. The lender launched its digital asset strategy in 2021 with the goal of tokenizing and maintaining custody of tangible assets.

Private Bank In Liechtenstein Partners With Metaco, A Developer Of Digital Asset Technology

Swiss digital asset technology provider Metaco has signed its fifth partnership with a significant financial institution in the past nine months, this time with Liechtenstein private bank VP Bank (VPBN). To expand its digital asset custody and tokenization services, VP Bank hired Metaco to provide the Harmonize platform. The lender launched its digital asset strategy in 2021 with the goal of tokenizing and maintaining custody of tangible assets.
Searches For Dogecoin Increase 1,992% After Elon Musk Changes The Twitter LogoGoogle searches for the cryptocurrency Dogecoin increased by around 2,000% after Elon Musk decided to swap out the well-known Twitter bird symbol with the Dogecoin's Shiba Inu image. This extraordinary surge in search interest was a twenty-fold improvement over the weekly norm. Searches for "buy doge" and "buy dogecoin" increased significantly, by about 1,000% and 250%, respectively. Shiba Inu coin searches increased by 132% at the same time.

Searches For Dogecoin Increase 1,992% After Elon Musk Changes The Twitter Logo

Google searches for the cryptocurrency Dogecoin increased by around 2,000% after Elon Musk decided to swap out the well-known Twitter bird symbol with the Dogecoin's Shiba Inu image. This extraordinary surge in search interest was a twenty-fold improvement over the weekly norm. Searches for "buy doge" and "buy dogecoin" increased significantly, by about 1,000% and 250%, respectively. Shiba Inu coin searches increased by 132% at the same time.
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