By comparing their returns to a trusted industry benchmark, Ethereum operators can identify areas for improvement and optimize their operations, as well as to differentiate their staking products in a competitive market, says Tom Whitton, CFO, Pier Two.
The Supreme Court ended the Chevron doctrine in June — significantly undermining the Securities and Exchange Commission's ability to stand athwart crypto.
Bitcoin (BTC) continues to face downward pressure following major negative developments surrounding the digital asset, which has led to speculations about whether BTC’s bull run has reached its climax. As a result, Cathie Wood, a popular advocate for cryptocurrencies and Chief Executive Officer (CEO) of Ark Invest has delved into the discussion offering her insights […]
The post Solana (Sol) Price Poised For A Massive Surge To $600, Veteran Crypto Investor Hints appeared first on Coinpedia Fintech News
Solana has been making strong moves on the market recently as the price recovery keeps on sticking. With the recent price surge to $141.7, Solana seems to be making strong resistance at this price. Meanwhile, a well-known crypto investor Crypto Jelle expresses bullish sentiments about Solana (SOL), drawing parallels between its current market behavior and …
Whether to hedge against crypto volatility, add utility and efficiencies, or streamline access to alternatives, tokenized RWAs make sense for investors and institutions alike.
A crypto analyst has predicted that Bitcoin (BTC) will surge to $100,000 in a few years. At the same time, he has expressed skepticism about the potential for altcoins to embark on a similar bullish trajectory to new highs. Bitcoin Anticipated To Hit $100,000 In an X (formerly Twitter) post on June 8, a crypto analyst identified as ‘DonAlt,’ disclosed that he was more pessimistic on altcoins than Bitcoin, the world’s largest cryptocurrency. DonAlt believes that Bitcoin could witness a mega rally, pushing its price to trade at $100,000 in the coming years. Related Reading: Crypto Whales Buy The Dip As $22 Million In XRP Flows Out Of Binance Considering the inflows into Spot Bitcoin ETFs and numerous forecasts of an upcoming bull run, a $100,000 price target for Bitcoin seems increasingly plausible. Moreover, numerous market experts, including DonAlt, have maintained an optimistic outlook for Bitcoin, predicting major bull rallies for the cryptocurrency. Specifically, Standard Chartered has projected a price increase to $250,000 and Bernstein analysts anticipate a surge to $200,000 for Bitcoin. In contrast, altcoins have been underperforming significantly, influenced by broader market trends and bearish sentiment. Due to the declining price of these cryptocurrencies, DonAlt has highlighted a possible future where Bitcoin dominates the crypto market while many altcoins trade 90% lower than their current valuations. Sharing a similar sentiment, a crypto community member disclosed that other than meme coins and a few random altcoins, many cryptocurrencies have failed to outperform Bitcoin in this current market cycle. He revealed that all the altcoins which previously witnessed gains on par with Bitcoin have declined significantly, while BTC has remained slightly below its previous all-time high. Furthermore, a few community members have questioned whether Ethereum (ETH) and Solana (SOL) were among the altcoins predicted to decline as Bitcoin price increases. This concern arises because, despite slight declines and market volatility, Ethereum and Solana have witnessed massive gains since the beginning of the year. Solana, in particular, surged significantly following the launch of a Spot Solana ETF filing, whereas Ethereum has been subtly following Bitcoin’s price movements, surging upwards during favorable market conditions and declining severely amidst volatility. Will Altcoins Follow Bitcoin’s Rise To New Highs? A crypto analyst identified as ‘Doctor Profit’ on X released a detailed report on altcoins for the third quarter (Q3) of 2024. According to the analyst, altcoins are poised to witness a massive pump following the release of the official launch date for Ethereum Spot ETFs. This implies that altcoins could potentially exit bearish trends and align with Bitcoin’s bullish trajectory if it witnesses a price reversal. Related Reading: XRP Price: Crypto Analyst Identifies ‘Point Of Control’ That Could See A Repeat Of 2017 The crypto analyst believes that the recent decline in altcoins presents a great buying opportunity for investors. He asserts that the altcoin market’s recent 35% downturn is a healthy correction that potentially signals a surge to new highs as market conditions stabilize. Furthermore, the crypto expert has predicted a new valuation target for the altcoin market, anticipating its market capitalization to exceed $1 trillion by the end of the year. Featured image created with Dall.E, chart from Tradingview.com
Republican presidential candidate and former US President Donald Trump has garnered increased support from his party following his recent embrace of cryptocurrencies, according to a new Paradigm-sponsored survey. Last month, Paradigm, a crypto-focused venture capital firm, polled 1,025 likely Republican voters’ views on the emerging industry, revealing their deep trust for the current financial system […]
The post Trump emboldens support from Republican voters with pro-crypto stance, survey finds appeared first on CryptoSlate.
The post PeiPei Coin Surges 28,938.53%! Is $500M Market Cap Next? appeared first on Coinpedia Fintech News
PeiPei Coin's incredible journey: 28,938.53% rise, 27,000 holders in one month, and a $500M market cap target. Discover more!
As the TON blockchain is open-source and permissionless, individual users and projects must be careful to ensure their own safety.
The central bank has been experimenting with multiparty computation, which could support the entire European economy in the future.
Bitcoin faces immense volatility as Mt. Gox repayments flood the market.
Miners are an integral part of the Bitcoin network and since new supply comes through them, it can be important to track what the miners are doing with their coins in an effort to predict where the market might be headed next. Given this, Ki Young Ju, founder of the analytics platform Cryptoquant, has tracked […]
Lost crypto password? These are the hackers who have made a living getting yours back.
UK Prime Minister Keir Starmer has appointed Tulip Siddiq as the new City Minister, signaling a possible shift in crypto policy.
Goldman Sachs' tokenization projects could significantly accelerate institutional adoption of digital assets, reshaping financial markets.
The post Goldman Sachs to roll out trio of tokenization projects by end of year: Report appeared first on Crypto Briefing.
Bitcoin is it a crucial stage in this market cycle as several factors signal continued downside whilst others indicate that BTC is set to bottom out.
A UK-based Bitcoin organization is advocating to the new Labour government to implement a Bitcoin mining-based strategy to combat a growing problem of local electricity demand.
Block Inc. and Core Scientific have announced an agreement to supply Core Scientific with Block’s new 3-nanometer mining ASICs. Core Scientific will be the first to integrate these advanced chips into its large-scale mining operations. This collaboration is part of an ongoing effort to decentralize Bitcoin mining hardware and foster innovation in the mining ecosystem. […]
The post Core Scientific to add 15 EH/s through Block’s 3nm Bitcoin mining ASICs appeared first on CryptoSlate.
A realistic look at what the Web3 stack actually offers game developers and players, from Jyro Blade, product lead at PlayFi.
After falling below the $121 price mark last week, the Solana has shown a strong rebound. The SOL price is up 19% from the local low. But the current setup of the Solana price suggests the potential for an even stronger upward breakout, similar to that of summer 2021, according to popular crypto analyst Daan de Rover, better known as Crypto Rover. From the end of July 2021 to the beginning of November 2021, SOL rallied by more than 1,100%. The chart shared by Rover displays Solana’s price action on a weekly timeframe, showcasing the formation of a descending triangle pattern similar to 2021. A descending triangle in this setting can be considered a continuation pattern, often leading to a breakout to the upside, especially following a prior uptrend. Currently, SOL is trading around $141. The base of the triangle, acting as a support zone, is between approximately $120 and $130. Meanwhile, the descending upper trendline currently caps the price. Related Reading: Bonk Inu (BONK) Skyrockets 10%, Dethroning WIF As Solana’s Largest Meme Coin If the Solana price breaks above this descending trendline, Rover predicts that Solana could repeat history and explode beyond $800. “SOL will go parabolic soon,” Rover asserted via X. However, investors need to monitor the $120 support level closely. A sustained move below this could invalidate the bullish scenario, whereas a strong upward push through the triangle’s upper boundary could set the stage for the anticipated rally. Potential Catalyst: Solana 2.0 Makes Major Progress A potential catalyst for the breakout comes from the Jump Crypto team. The Solana network is about to get a major infrastructure update with the new Firedancer client which is currently being developed. @CantelopePeel, an engineer at Jump Crypto, shared via X today, “Full Firedancer client built its first accepted block on Solana testnet.” Full Firedancer client built its first accepted block on Solana testnet. pic.twitter.com/T7FgkbHT8N — CANTELOPEPEEL (@CantelopePeel) July 10, 2024 He added, “Of course what you are not seeing here is that Firedancer built another 3 blocks after this, got skipped, then detected that it had mismatched against the rest of the cluster, and then summarily shutdown (gracefully, of course).” Related Reading: Solana Mirroring 2021 Bullish Pattern, Crypto Analyst Reveals The transparency in detailing both successes and hurdles reflects the ongoing complexity to scale the technology. “Fixing that is a tomorrow problem! Still a ton more to do, but hey at least you can see it on the blockchain now!” he added. This introduction of the Firedancer client to the Solana ecosystem is probably the biggest technical update thus far. Helius Labs CEO Mert Mumtaz expressed his enthusiasm for the progress via X, noting, “Firedancer has been achieved internally. No one is ready for this. Accelerate.” His remarks underscore the disruptive potential of the new client. He further elaborated on the significance of this development: “Firedancer is the 2nd Solana client (the software that nodes run) — and arguably one of the most performant pieces of open source software ever created. Solana 2.0 if you will.” On Monday, Jump Crypto announced a new bug bounty initiative targeting Firedancer v0.1, nicknamed Frankendancer. As reported by Bitcoinist, this security initiative invites developers and ethical hackers to probe the client for vulnerabilities. The initiative comes with a substantial $1 million prize pool, facilitated through the cybersecurity platform Immunefi. At press time, SOL traded at $142.82. Featured image from Shutterstock, chart from TradingView.com
SingularityNET and Filecoin collaborate to integrate decentralized AI and DePIN, emphasizing ethical AI development and decentralized infrastructure.
Pudgy Penguins and Unstoppable Domains have teamed up to allow users to access Pudgy World using .pudgy domain names.
The CoinDesk 20 is currently trading at 1975.16, marking a slight 0.7% increase since yesterday.
Ethereum co-founders Vitalik Buterin and Joseph Lubin reflect on the state of the network a decade after its creation.
Starknet plans to introduce staking through a new protocol launching on the testnet before a mainnet release in Q4.
The partnership could significantly enhance Web3 adoption by simplifying crypto transactions and attracting new users to the blockchain ecosystem.
The post Crypto.com partners with Unstoppable Domains for Web3 domain sale appeared first on Crypto Briefing.
Top decentralized exchange (DEX) Uniswap has urged the US Securities and Exchange Commission (SEC) to drop its proposed attempt to expand the definition of an “exchange” to include DeFi markets, according to a July 9 letter. Last year, the SEC proposed expanding the definitions of an exchange to include participants in the DeFi markets. However, […]
The post Uniswap cites Supreme Court ruling to push back against SEC’s DeFi oversight appeared first on CryptoSlate.
The DEX pointed to the Supreme Court's ruling on Chevron deference, arguing that the SEC should abandon its effort to regulate DeFi.
Automated defenses against 51% attacks could significantly enhance Ethereum's resilience, reducing reliance on social consensus and improving network security.
The post Vitalik Buterin advocates for automated responses to 51% attacks appeared first on Crypto Briefing.
The Cardano-powered sci-fi shooter game Chronoshot was added to the wishlist on the Epic Games Store on Tuesday, marking a remarkable step for the game developer and the ADA ecosystem. Charles Hoskinson, the founder of Cardano, expressed his excitement about this important milestone, stating, “Cardano Games on Epic makes me happy.” Cardano Based Gaming Is […]