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The obverse of the coin is Ethereum's fundamental outlook, while the reverse side is that new users are not choosing Ethereum. How should Ethereum long-term believers think about this?
Nonetheless, Marathon Digital’s Q1 2024 sees a 223% yoy revenue surge and 142% hash rate increase from new products and acquisitions.
The vise grip organizations like BlackRock have on bitcoin in order to fill their ETFs is a threat to bitcoin’s adoption
The Runes protocol, which launched on Bitcoin three weeks ago following its halving event, generated $135 million in fees over its first week, but activity has since fallen dramatically. May 10th was the lowest activity day on Runes by several measures, including new mints and new wallets, blockchain data show, in an early test for the new protocol.
She also warned that generative artificial intelligence was like the “kid that got an ‘F’ in math.”
Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range.
Blockchain data shows that the victim of a $71 million address poisoning attack last week has recovered nearly all available funds when accounting for the changes in crypto prices. Blockchain cybersecurity firm Match Systems and the Cryptex exchange participated in the recovery negotiations, according to a press release.
- 01:12U.S. Representative Maxine Waters: TRUMP represents the "worst side of Crypto"The Democratic leader of the U.S. House Financial Services Committee and California Representative, Maxine Waters, has responded to concerns from many cryptocurrency users and legislators who accuse Trump's launch of Meme coin as damaging legitimate projects in the cryptocurrency industry. In a statement on January 20th, Waters said that Official Trump (TRUMP) represents "the worst side of Crypto," providing regulators and policymakers with a case for concern about the future of the cryptocurrency industry under new presidential leadership. She stated that after insiders at TRUMP dumped their tokens, investors will "pay for it," which is accused as a "rug pull." She also said: "Even if buyers are deceived, the terms and conditions of the token prohibit them from initiating class action lawsuits." She added: “Buyers of this type of cryptocurrency also lack transparency, which is worrying. Through his Meme coin, Trump has created a way to evade national security and anti-corruption laws by allowing relevant parties to anonymously transfer funds to him and his inner circle.” (Cointelegraph)
- 01:09Circle CEO: Strongly supports Trump's abolition of SAB 121, expects executive order to be issued soonCircle CEO Jeremy Allaire said in an interview at the annual meeting of the World Economic Forum in Davos, Switzerland, that US President Trump may soon sign an executive order to make it easier for banks to own digital assets. He expects Trump's order supporting cryptocurrencies will be issued soon, but did not specify a specific time. Allaire paid special attention to the Staff Accounting Bulletin (SAB 121) of the U.S. SEC, which is a controversial framework that prevents financial institutions from holding cryptocurrencies on their balance sheets. Although Congress voted to overturn SAB121, this resolution was later vetoed by Biden. Biden stated at the time, "My administration will not support measures that jeopardize consumer and investor welfare." Allaire and other cryptocurrency executives believe that SAB121 is not intended to protect investors but hinders the adoption of new technology. SAB 121 "actually imposes punitive measures on banks, financial institutions and companies and even prohibits them from holding crypto assets on their balance sheets," Allaire said adding: "I think this point needs close attention with regard to (the executive order)."
- 01:08Base Protocol Head: Base's annual on-chain GDP exceeds 1 billion USDPANews reported on January 21 that Jesse Pollak, the head of Base Protocol, posted on X saying: "Base's annualized (on-chain) GDP has just exceeded $1 billion, and the next target is $1 trillion."