The widespread appeal of memecoins is a significant asset for decentralized exchanges (DEXs) as it draws a diverse group of traders who may not typically engage with decentralized finance (DeFi), according to Synthetix founder Kain Warwick.

Bitcoin's selling pressures may soon diminish as the year-over-year M2 money supply has turned positive for the first time since November 2022—a development considered a bullish indicator for the cryptocurrency.

Pike Finance has issued a clarification regarding a recent statement on a vulnerability linked to USDC Coin (USDC) following a $1.6 million exploit on their platform on April 30.

Synethix founder Kain Warwick has announced that the decentralized exchange and self-custodial account system, Infinex, is scheduled to launch on May 13, after several delays from its initially planned Q4 2022 debut. The announcement was made at the ETH Global conference in Sydney, Australia, on May 2.

Bitcoin's market dominance may have reached its zenith as alternative cryptocurrencies begin to gain traction, according to industry experts.

Standard Chartered Bank’s digital assets research head, Geoff Kendrick, predicts that Bitcoin (BTC) will rise significantly after the halving, spurred by a reduction in leveraged positions within the market.

Bitcoin's recent drop below $64,000 has resulted in significant financial losses, with over $200 million worth of liquidations occurring in a single day.