The Ethereum (ETH) market is buzzing with activity after a whale (an investor with significant holdings) made a splash by withdrawing a whopping $18 million worth of ETH from Binance, a leading cryptocurrency exchange. This move, meticulously tracked by blockchain analysis platform Lookonchain, has sent a positive vibe through the crypto community, hinting at a … Read more
Charles Hoskinson, founder of the Cardano blockchain, has confirmed the integration of Cardano Improvement Proposal (CIP) 69 into the upcoming Chang hard fork. This announcement was made via X, emphasizing the adaptation to community feedback and aligning with the demands of the Cardano Foundation (CF). Hoskinson detailed the decision process and its implications: “I saw … Read more
Ethereum co-founder Vitalik Buterin, along with collaborators Sam Wilson, Ansgar Dietrichs, and Matt Garnett, has proposed a new Ethereum Improvement Proposal (EIP) numbered 7702, designed to significantly enhance the functionality of Ethereum’s externally owned accounts (EOAs). EIP-7702 aims to integrate smart contract functionalities temporarily into EOAs, a transformative concept that might redefine user interactions on … Read more
Bitcoin is currently on a recovery path, which tracks to analysts’ prediction that the price decline over the last two days has been more of a bear trap. Crypto analyst Orson Fawley elaborates more on this in his analysis and shows that the BTC price remains inherently bullish given its recent movements. Bitcoin Recovery Is … Read more
In the latest episode of the ongoing regulatory crackdown on the cryptocurrency industry, crypto exchange Robinhood received a Wells Notice from the US Securities and Exchange Commission (SEC) staff. Regulatory Turmoil For Robinhood The notice indicates that the staff will recommend that the Commission pursue an enforcement action against the trading platform. Robinhood expressed disappointment … Read more
Michael Saylor, the tech entrepreneur who steered MicroStrategy into a Bitcoin behemoth, is back in the headlines. This time, he’s not championing the orange coin, but rather aiming his laser focus at its altcoin rivals. At the recent Bitcoin For Corporations conference, Saylor unleashed a flurry of predictions, painting a picture of a future where … Read more
The past few weeks have been a rollercoaster ride for Bitcoin investors. Fears of inflation and geopolitical tensions sent shockwaves through the cryptocurrency market, dragging Bitcoin and its altcoin brethren down to depths not seen since early 2024. Bitcoin, the world’s leading cryptocurrency, plummeted to as low as $56,500 this week, a far cry from … Read more
London-based CF Benchmarks, a unit of crypto exchange Kraken, is positioning itself as a notable beneficiary of the surge in spot Bitcoin ETFs this year and shares an increasingly bullish outlook for the ETF market in Hong Kong and the US through 2024. According to Bloomberg, with the recent debut of these ETFs in the … Read more
The cryptocurrency market continues its wild ride in 2024, with established giants like Bitcoin facing headwinds while seemingly outlandish projects like Shiba Inu experience unexpected growth spurts. Bitcoin Struggles To Find Footing Bitcoin, the undisputed king of crypto, has seen its price plummet in recent weeks. After flirting with record highs above $70,000 earlier this … Read more
In a searing critique, John E. Deaton, a prominent legal advocate for XRP, has issued a forceful condemnation of SEC Chairman Gary Gensler, accusing him of undermining ethical standards and fostering an environment of deceit at the US Securities and Exchange Commission (SEC). Deaton’s allegations emerged following a statement by Patrick McHenry, Chairman of the … Read more
