Bitcoin (BTC) remained relatively stable early Thursday, with little change in price around $69,500. The lack of a clear direction comes ahead of the U.S. Securities and Exchange Commission’s (SEC) decision on VanEck’s spot ether ETF application, expected later in the day. BTC had previously faced resistance above the $71,500
May 23, 2024 2 mins read
Ethereum co-founder Vitalik Buterin has recently made a significant transfer of 80 ETH, approximately valued at $300K, to the privacy protocol Railgun. This transfer is part of his routine; he transferred small amounts of ETH to Railgun monthly over the past six months, and this reflects his commitment to transaction
May 22, 2024 2 mins read
The Bitcoin Policy Institute announced the launch of the Peer-to-Peer Rights Fund, a new initiative aimed at protecting Bitcoin’s decentralized nature from regulatory overreach. The fund’s inaugural objective is to defend the founders of Samourai Wallet, Keonne Rodriguez, and William Lonergan Hill. They face charges of conspiracy to commit money
May 22, 2024 2 mins read
The crypto market continues its potent shifts as Ethereum (ETH) contract holdings surpass a notable landmark. According to recent data from Coinglass, the total value of ETH held in contracts has exceeded $14 billion, reaching a new record high since November 2022. This marks a significant moment for the Ethereum
May 21, 2024 2 mins read
Ethereum is the second largest cryptocurrency, indicating both a bullish and bearish trend. According to crypto analysts, $ETH is nearing a crucial level of $4K. Additionally, Vitalik Buterin presents his strategies for improved consensus and decentralization. At the time of writing, ETH is trading at $3089, reflecting a modest increase
May 20, 2024 2 mins read
Bitcoin dominates the crypto market and is often considered digital gold. It seems primarily to be a digital store of value and is trying new dimensions to transform its functionality and appeal. After the halving and approval of ETFs, what will further lead to the value of BTC is the
May 20, 2024 2 mins read
The crypto market is experiencing an upward momentum, and the global cryptocurrency market capitalization is $2.56 trillion, a 1.69% increase in the past 24 hours and an approximate 118% rise over the last year. Total trading volume of the cryptocurrencies last day was $66.8 billion, as per data from CMC.
May 18, 2024 2 mins read
LayerZero Sybil has concluded the phase of self-report, where users could report fake or duplicate sybil addresses created to baffle the system. Initially, over 2 million addresses were suspected to be sybils, and it has been narrowed down to 803,093 after the completion of the phase. The self-reported address will
May 18, 2024 2 mins read
Bitcoin (BTC) price is experiencing pressure to maintain the key support level at $65,390. It is crucial for the price to remain above this support level to sustain the bullish trend, which targets the $70,000 level. It is essential to maintain this support level for the continuation of the upward
May 17, 2024 2 mins read
XRP is displaying a recovery wave after surpassing the $0.5 mark. The price is striving to go above the $0.5050 resistance level; it could gain a bullish pace if it clears the $0.520 resistance level. At the time of writing, the token trades at $0.5165, an increase of 3.05% in
May 16, 2024 2 mins read
