Crypto exchange FTX fights to recover from a dramatic collapse. On May 7, 2024, the firm filed a … [Read More...] about FTX’s Reorganization Plan Proposes Creditors May Receive Up to 118% of Claims
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Vitalik Buterin’s Exclusive Ethereum Proposal: 7702 Challenges Blockchain Norms
FTX’s Reorganization Plan Proposes Creditors May Receive Up to 118% of Claims
Bitcoin’s 4th Halving: Deciphering the Dip and Echoes of Past Cycles
Binance Coin (BNB) On the Verge Of Bullish Breakout: Analyst Eyes 40% Price Uptick
Near Protocol (NEAR) Is Poised for Surge: Analyst Eyes $14-15 Price Range
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Vitalik Buterin’s Exclusive Ethereum Proposal: 7702 Challenges Blockchain Norms
Ethereum, the leading blockchain platform, is once again at the forefront of innovation. Vitalik Buterin, Ethereum's co-founder, alongside co-authors Sam Wilson, Ansgar Dietrichs, and Matt Garnett, has introduced Ethereum Improvement Proposal (EIP) 7702, a groundbreaking alternative to EIP-3074. … [Read More...] about Vitalik Buterin’s Exclusive Ethereum Proposal: 7702 Challenges Blockchain Norms
FTX’s Reorganization Plan Proposes Creditors May Receive Up to 118% of Claims
Crypto exchange FTX fights to recover from a dramatic collapse. On May 7, 2024, the firm filed a revised reorganization plan in U.S. bankruptcy court, outlining a potential $14.5 billion to $16.3 billion distribution to creditors and customers. This marks a significant step for the troubled … [Read More...] about FTX’s Reorganization Plan Proposes Creditors May Receive Up to 118% of Claims
Bitcoin’s 4th Halving: Deciphering the Dip and Echoes of Past Cycles
In recent market movements, both Bitcoin and Ethereum have faced significant fluctuations following Bitcoin's fourth halving event. Analysis from Glassnode Insights reveals intriguing trends in price action and investor behavior across both cryptocurrencies. In the aftermath of Bitcoin's halving, … [Read More...] about Bitcoin’s 4th Halving: Deciphering the Dip and Echoes of Past Cycles
Binance Coin (BNB) On the Verge Of Bullish Breakout: Analyst Eyes 40% Price Uptick
Binance Coin (BNB) is currently riding a wave of optimism, indicating a promising trajectory for further growth. In the past week alone, BNB has displayed impressive resilience, witnessing a significant surge of nearly 8% in its price. Over the last 30 days, while BNB experienced a marginal decline … [Read More...] about Binance Coin (BNB) On the Verge Of Bullish Breakout: Analyst Eyes 40% Price Uptick
Near Protocol (NEAR) Is Poised for Surge: Analyst Eyes $14-15 Price Range
NEAR Protocol (NEAR) has recently captured the attention of cryptocurrency enthusiasts with its notable surge, hinting at a potential upward trajectory. NEAR has demonstrated remarkable strength within the past week, boasting an impressive surge of almost 19%. This surge reflects a growing … [Read More...] about Near Protocol (NEAR) Is Poised for Surge: Analyst Eyes $14-15 Price Range
Grayscale’s Bitcoin ETF Logs 2nd Day of Net Inflows Since Launch
Grayscale Investments' GBTC, the largest Bitcoin investment vehicle globally, appears to be displaying signs of renewed investor interest. After a prolonged period of outflows, GBTC recorded its second consecutive day of net inflows on May 6th, 2024, bringing in $4 million, according to … [Read More...] about Grayscale’s Bitcoin ETF Logs 2nd Day of Net Inflows Since Launch
Vermont Passes Law Restricting Bitcoin ATMs, Sets One-Year Moratorium on New Machines
In a bold move to shield Vermonters from the perils of cryptocurrency-related scams, the state legislature has forwarded a groundbreaking bill to Governor Phil Scott's desk. The proposed legislation, H.659, aims to impose stringent regulations on "Bitcoin ATMs" – cryptocurrency kiosks that … [Read More...] about Vermont Passes Law Restricting Bitcoin ATMs, Sets One-Year Moratorium on New Machines
Solana Surges 19% in a Week: Analysts Eye $250 Amidst Renewed Optimism
Solana (SOL) is set to experience a significant upswing in its value as it rebounds rapidly from its recent market downturn. SOL has surged nearly 19% in the last week, which is impressive. Nevertheless, SOL’s one-month performance shows that it experienced some troubles during this period, dropping … [Read More...] about Solana Surges 19% in a Week: Analysts Eye $250 Amidst Renewed Optimism
Cardano At Crossroads As $1 Looms: Analysts Warn of Bearish Signals
Cardano (ADA) traders are on high alert as the cryptocurrency sits precariously at a critical level, ready to make or break their gains. According to analyst Trend Rider, ADA is currently resting on a pivotal price level that investors could interpret as positive or negative. The weekly report shows … [Read More...] about Cardano At Crossroads As $1 Looms: Analysts Warn of Bearish Signals
Ethereum Rebounds Above $3k Amid Regulatory Uncertainty: Analysts Eye Breakout To $15,000
According to the recent X post from Santiment, over the weekend, Ethereum had an amazing comeback when it surpassed the $3,200 mark. Along with incredible recovery, the second most valuable digital currency in terms of market capitalization experienced an increased network activity. On May 4th, … [Read More...] about Ethereum Rebounds Above $3k Amid Regulatory Uncertainty: Analysts Eye Breakout To $15,000
Bitcoin’s New Horizon: Miners Gain More From Transaction Fees
The CEO of CryptoQuant, Ki Young Ju, indicated a major change in the Bitcoin environment, which mostly affects miners and their profitability. Based on the latest data posted in a recent X post, the wave of build applications on Bitcoin network is changing the economic model for … [Read More...] about Bitcoin’s New Horizon: Miners Gain More From Transaction Fees
Robinhood Faces SEC Scrutiny Over Crypto Offerings: Regulatory Uncertainty Looms
Robinhood, the popular brokerage platform, is under scrutiny from the U.S. Securities and Exchange Commission (SEC) for alleged securities law breaches. Despite maintaining that its crypto trading offerings don't fall under securities, Robinhood's recent developments have implications for market … [Read More...] about Robinhood Faces SEC Scrutiny Over Crypto Offerings: Regulatory Uncertainty Looms
Dogecoin Users Face New Threats from Robinhood
Attention Dogecoin users! Robinhood's newly updated self-custody wallet terms might cook up a new storm among meme coin enthusiasts who value privacy. Under the new policy update, Robinhood mentions that users provide "irrevocable consent to such monitoring." This clause has raised questions about … [Read More...] about Dogecoin Users Face New Threats from Robinhood
SEC Postpones Decision on Ethereum ETFs, Cites Need for Further Review
The wait for an Ethereum exchange-traded fund (ETF) in the U.S. continues. The Securities and Exchange Commission (SEC) announced on May 6th, 2024, that it had extended its review period for the Invesco Galaxy Ethereum ETF by 60 days. This means a decision won't be reached until July 5th, … [Read More...] about SEC Postpones Decision on Ethereum ETFs, Cites Need for Further Review
Worldcoin Rockets 44% Post-Buffett Bombshell
Worldcoin [WLD] surged 30% in a week, emerging as one of today's hottest crypto tokens, alongside Litecoin's LTC. Despite hitting a low in late April, the contentious AI token has seen its market cap soar by more than 44% in May. The token's rebound comes amid Warren Buffett's recent controversial … [Read More...] about Worldcoin Rockets 44% Post-Buffett Bombshell