Block Lore

Markets

Immutable’s IMX Token Hits Two-Year Low After 30 Million Tokens Flood Market

Immutable (IMX), the native token powering the Immutable blockchain gaming ecosystem, has seen its value tumble to levels not witnessed in over two years. As of now, IMX is trading around $0.433—perilously close to its all-time low, with mounting concerns that further declines could be on the horizon.

Finance

Arthur Hayes Predicts Bitcoin Could Hit $1 Million Amid US-China Trade War Fallout

As trade tensions between the United States and China escalate once again, Arthur Hayes, co-founder of BitMEX and Chief Investment Officer at Maelstrom, believes the ripple effects could radically transform the global financial system—and catapult Bitcoin to unprecedented highs. In a recent post on X (formerly Twitter), Hayes outlined

Cryptocurrency

Dogecoin Price Teeters Near Critical Support as $200M in Liquidations Loom—But Long-Term Holders Stay Confident

Dogecoin (DOGE), the popular meme-inspired cryptocurrency, is facing a crucial moment as its price hovers just above a key support level. Currently trading at $0.169, DOGE is struggling to gain upward momentum, having failed to break the resistance barrier at $0.176 for several days. This stagnation is raising

Cryptocurrency

Satoshi Nakamoto’s 50th Birthday: Five Intriguing Facts About Bitcoin’s Mysterious Creator

April 5, 2025, marks what would be the 50th birthday of Satoshi Nakamoto—the elusive figure credited with creating Bitcoin. While the identity behind the name remains a mystery, Nakamoto's influence on the financial world is undeniable. His innovations laid the groundwork for the cryptocurrency revolution, and more

DeFi

DeFi Revenues Tumble in March Amid Declining On-Chain Activity Across Major Blockchains

The decentralized finance (DeFi) ecosystem witnessed a steep drop in protocol revenues during March, as on-chain activity and trading volumes slowed across the board. The decline reflects broader market headwinds that have impacted user engagement and transaction volumes throughout 2025. According to the latest data, most major DeFi platforms reported

Markets

Bitcoin Dips Amid Intensified US-China Trade War and New Tariffs

April 4, 2025 – The ongoing trade war between the United States and China has taken a sharp turn, with Beijing announcing a sweeping 34% tariff on all U.S. imports. This move, seen as a direct response to Washington’s latest tariff escalation, has sent shockwaves through global financial markets—

Cryptocurrency

XRP Price Drops 18% in Two Weeks as Long-Term Holders Sell: What’s Next?

The cryptocurrency market has been turbulent in recent weeks, and XRP has not been immune. The digital asset has seen an 18% price decline over the past two weeks, struggling to regain upward momentum as long-term holders (LTHs) offload their holdings. This trend raises concerns about investor confidence and XRP’

Blockchain

Neon Machine’s Shrapnel Faces Financial Turmoil Amid Layoffs and China Partnership

Neon Machine, the gaming studio behind the highly anticipated blockchain-based shooter Shrapnel, is facing serious financial difficulties. Once envisioned as the Call of Duty of the crypto gaming space, the project is now mired in debt, layoffs, and an uncertain future. Sources suggest that Neon Machine has run out of

Cryptocurrency

Bitcoin Mining Stocks Decline Amid Rising Tariff Concerns

The cryptocurrency mining sector took a hit on Thursday as investors assessed the impact of newly announced U.S. tariffs on mining equipment imports. With much of the bitcoin mining supply chain rooted in Asia, American-based operations are expected to face rising costs as they bring essential machinery onshore. Tariffs

Cryptocurrency

Bitcoin's Journey: From a 2011 Podcast to an 11,000,000% Surge

Fourteen years ago, Bitcoin was just a fledgling experiment. Priced at a mere $0.73, it was still a niche topic discussed primarily among tech enthusiasts and libertarians. Fast forward to today, and Bitcoin has skyrocketed by an astonishing 11,000,000%, solidifying its place as a financial force to

Cryptocurrency

Pi Network Plummets to New All-Time Low Amid Market Struggles

The Pi Network (PI) has taken a significant hit, experiencing a sharp downtrend that has left many investors concerned. The digital asset has struggled to gain momentum, and market conditions continue to work against its recovery. As bearish sentiment prevails, PI’s price has now slipped below $0.61, reaching

Cryptocurrency

Trending Altcoins to Watch on April 3: OM, QUBIC, and TON

The cryptocurrency market has experienced a notable downturn over the past 24 hours, shedding $64 billion in market capitalization and settling at $2.64 trillion at press time. Despite this pullback, certain altcoins continue to capture investor attention, with MANTRA (OM), Qubic (QUBIC), and Toncoin (TON) emerging as today'

Blockchain

WisdomTree Connect Expands to Base, Arbitrum, Avalanche, and Optimism, Enhancing Institutional Access to Tokenized Funds

WisdomTree is broadening its reach in the digital asset space, expanding its WisdomTree Connect platform to additional blockchain networks, including Arbitrum, Base, Avalanche, Ethereum, and Optimism. Previously available only on Ethereum, this expansion aligns with the company’s commitment to being “chain agnostic,” according to Maredith Hannon from WisdomTree. By

Markets

Polymarket Signals Nearly 50% Chance of US Recession Amid Tariff Shock

Polymarket, a well-known prediction market, has raised alarms about the likelihood of a US recession this year, placing the odds at nearly 50%. The shift in sentiment follows former President Donald Trump’s Liberation Day tariffs, which surpassed even the most pessimistic projections. The sweeping trade restrictions have sent ripples

Blockchain

Crypto AI Agents Keep Growing Despite Market Decline

The cryptocurrency market has been facing a downturn, with many AI-focused tokens seeing sharp losses. However, despite declining market caps, the number of AI agents continues to rise, indicating ongoing development and experimentation in the space. Notably, Ethereum-based AI projects have gained traction, surpassing Base to become the second-largest blockchain

Cryptocurrency

GameStop Secures $1.5 Billion in Convertible Notes for Bitcoin Investment

GameStop, the well-known video game retailer, has successfully raised $1.5 billion through a private offering of convertible senior notes. According to a filing with the U.S. Securities and Exchange Commission (SEC), the company intends to use the proceeds to purchase Bitcoin, signaling a major shift in its financial

Blockchain

Can Trump’s USD1 Stablecoin Restore Trust After the Meme Coin Debacle?

Donald Trump is making waves in the crypto world once again. Following the disastrous fallout from his meme coin earlier this year, which left retail investors with billions in losses, the former president has now backed the launch of a new stablecoin: USD1. Issued by World Liberty Financial (WLF), this

Blockchain

Circle Files for IPO, Aiming to Go Public on the NYSE

Stablecoin issuer Circle has taken a significant step toward becoming a publicly traded company by filing an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC). If approved, Circle plans to list its stock on the New York Stock Exchange under the ticker symbol "CRCL."

Blockchain

Cardano’s Price Recovery Stalls Amid Weak Inflows and Investor Skepticism

Cardano (ADA) has faced ongoing challenges in its attempt to regain momentum, with its price struggling to break key resistance levels. The combination of weak inflows and growing skepticism among traders has prevented a meaningful recovery, leaving the market in a state of uncertainty. Market Sentiment Remains Bearish Over the

DeFi

Could Bitcoin Overtake the U.S. Dollar? BlackRock’s Larry Fink Weighs In

BlackRock CEO Larry Fink has once again highlighted Bitcoin’s growing role in the financial landscape, suggesting that the U.S. dollar’s position as the world’s reserve currency may not be guaranteed indefinitely. In his latest annual letter, Fink delves into the shifting dynamics of global finance, emphasizing

Cryptocurrency

Black Swan Capitalist CEO Sparks Debate with XRP Price Manipulation Claims

Is XRP’s Price Predetermined? CEO’s Claims Stir Crypto Community Versan Aljarrah, CEO of Black Swan Capitalist, has ignited controversy on platform X by asserting that global financial institutions predetermined the price of XRP long ago. His remarks have fueled debates within the cryptocurrency community, raising questions about market

Cryptocurrency

Hut 8 Joins Forces with Trump-Backed Firm to Establish American Bitcoin Mining Giant

In a strategic move set to reshape the cryptocurrency mining landscape, publicly traded Hut 8 has announced a groundbreaking partnership with American Data Centers, a firm backed by investors including Eric Trump and Donald Trump Jr. This collaboration will launch a new bitcoin mining entity, American Bitcoin, further cementing the

Cryptocurrency

Dogecoin Price Dips After Musk Comments, But Long-Term Holders Offer Stability

Dogecoin (DOGE), the popular meme-based cryptocurrency, has recently experienced a turbulent price movement following a failed breakout attempt. A subsequent decline was further fueled by comments from tech billionaire Elon Musk, who clarified that the U.S. government has no plans to use Dogecoin in any capacity. This statement led

Markets

Solana Faces Bearish Pressure: Will SOL Drop Below $110?

Solana (SOL) has been on a downward trajectory, losing over 6% in the past week and trading below $150 since early March. Technical indicators suggest growing bearish momentum, raising concerns about whether the cryptocurrency could soon dip below the $110 mark. Technical Indicators Signal Downtrend Several key technical indicators reinforce

Cryptocurrency

Major Token Unlocks in April: PRCL, DBR, and SCR

April is set to witness significant token unlocks for Parcl (PRCL), deBridge (DBR), and Scroll (SCR), events that could influence their respective market dynamics. Parcl (PRCL) * Unlock Date: April 16 * Tokens to be Unlocked: 161.7 million PRCL (16.2% of Total Supply) * Current Circulating Supply: 270.8 million PRCL