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Bitcoin's market capitalization might reach $3 trillion. Post-Halving According to CryptoPotato, Bitcoin's market capitalization could exceed $3 trillion after the impending halving event. This estimate is based on a number of factors, including the asset's previous strong price performance and industry growth expectations. Bitcoin's market capitalization just reached an all-time high of more than $1.43 trillion and is currently around $1.32 trillion. ChatGPT, a popular chatbot, claimed that attaining the $3 trillion milestone is achievable, but it is contingent on a number of circumstances, including the influence of the halving event. Historically, halving has preceded a Bitcoin bull run. However, this time the scenario appears to be different, as the cryptocurrency's price began to surge months before the event. Marathon Digital CEO Fred Thiel feels the rally influenced by the event has already been priced in, and he does not expect big increases in the near future. ChatGPT, a prominent chatbot, suggested that reaching the $3 trillion milestone is possible, but it depends on a variety of factors, including the impact of the halving event. Historically, halving preceded a Bitcoin bull run. However, this time, the situation looks to be different, as the cryptocurrency's price began to rise months before the event. Marathon Digital CEO Fred Thiel believes the rally influenced by the event has already been priced in, and he does not anticipate significant rises in the short term. ChatGPT also noted that future market dynamics, including as institutional adoption, regulatory frameworks, and macroeconomic factors, will influence Bitcoin's market capitalization. It highlighted that a jump of $3 trillion is only achievable if investor confidence remains favorable. Brad Garlinghouse, Ripple's CEO, recently forecast a bright future for the cryptocurrency industry. He expects the sector's global market capitalization might approach $5 trillion this year. $BTC

Crypto Trader Loses More Than $1 Million Due To Market Crash. According to PANews, a crypto trader identified as Crypto Nerd reported a large loss of more than $1 million overnight as a result of the cryptocurrency market's steep plunge. The trader, who was trading on platform X, stated that his three-times leveraged long positions on PEPE were liquidated due to the market decline. The rapid and abrupt market drop resulted in this significant financial loss, emphasizing the volatility and danger inherent with cryptocurrency trading. $BTC $ETH $BNB

Rune Protocol Is Released On Testnet by Merlin Chain's UniCross Foresight News reports that the Rune Protocol has been made available on the testnet of UniCross, Merlin Chain's ecological application. The Runes minting and indexing are supported by the protocol. After the Rune Protocol went live on the testnet, UniCross announced that it got over 200,000 requests for Rune minting in under 12 hours. The total minting fee was more than six bitcoins. The Bitcoin Testnet memory pool currently has more over 150,000 transactions, and the gas cost rate is more than 20 sat/vB. $RUNE

MAP Protocol, Bitcoin's L2 Interoperability Layer, Achieves Record-High TVL The Total Value Locked (TVL) in the MAP Protocol, the L2 interoperability layer of Bitcoin, has reportedly crossed $100 million and reached a new historical high of $123.96 million, according to Foresight News. This important milestone shows that the MAP Protocol, which aims to improve the interoperability of the Bitcoin network, is becoming more and more popular. DefiLlama, a reputable source for decentralized finance (DeFi) analytics, supplied the data. $BTC

OpenLM IMO Launch Announced by ORA Protocol The verified prediction protocol ORA, originally known as Hyper Oracle, is scheduled to launch its OpenLM IMO on April 13 at 09:00 Beijing time, according to Foresight News. Now, users can register with X and link their wallets. With a minimum purchase quantity of 0.01 ETH and a maximum purchase amount of 1 ETH, the IMO operates on a first-come, first-served basis. The IMO will be accessible for a whole day. One billion OpenLM IMO tokens, or OLM, are in circulation. Ten percent will go to OpenLM contributors, thirty percent will be used for liquidity, fifty percent will be used for the IMO public auction, and the remaining ten percent will go to the ORA team. The OLM valuation, completely diluted, is 300 ETH. The IMO plans to raise 500 million OLM, or 150 ETH. OLM is now trading for 3e-7 ETH on the IMO (or around 0.001 USDT). OLM's two primary characteristics are destruction and revenue sharing. The revenue sharing pool made up of OLM tokens will get a share of the money made from OAO and other sources. Following the snapshot, token holders are eligible to apply for income once every 90 days. A part of OAO's and other sources' earnings will go toward the destruction pool for OLM tokens. As a buyback option, token holders can destroy their tokens to maintain the OLM floor price. The goal of OpenLM, an executable language model repository, is to advance the study of intermediate language models while optimizing GPU usage and training velocity.

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