Vitalik Buterin has suggested changes to Ethereum’s scaling plan that focus on making it easier to run local nodes while still supporting Layer 1 (L1) scaling. His proposals come in response to concerns that raising the L1 gas limit could make it more difficult for users to run full nodes. Partially Stateless Nodes In a […]
For the fifth consecutive week, digital asset investment products attracted inflows, amounting to $785 million. This pushed total inflows for the year to $7.5 billion, eclipsing the previous high of $7.2 billion seen in February. The influx has now erased the $7 billion in outflows from the February-March downturn. Interestingly, Ethereum stood out with strong […]
Stock markets notched solid gains last week while crypto markets lost a bit of ground and cooled slightly. The weaker-than-expected readings on CPI and inflation expectations keep markets buoyed, while the Trump administration’s Middle East deals were a boon for the AI sector. Additionally, US Treasury yields are surging again. “Trade deals, recession worries, lower […]
TL;DR Ripple’s cross-border token soared to $2.45 on Sunday, where it was violently rejected and pushed south to a key support level that could result in further losses if it’s lost. At the same time, a big whale with a substantial PnL has reduced their long XRP position. Back to $2? It was just this […]
Jeff Walton, a Bitcoin podcaster and Strategy investor, recently pointed out that Strategy (formerly known as MicroStrategy) is on track to join the S&P 500 Index. Strategy Could Soon Join S&P 500 Walton wrote in a post on the X app: Q2 is likely going to be the big blow out quarter on Earnings for […]
Bitcoin’s surge to $106,000 earlier this week has been primarily driven by robust spot market demand, with Coinbase seeing net buying pressure of $45 million per day, according to Glassnode’s latest report. The rally, which began after the king cryptocurrency dipped to just below $75,000 in early April, has been marked by strong accumulation phases, […]
Following a relatively boring Friday and Saturday, bitcoin’s price went on the offensive on Sunday evening and shot up to its highest level since the end of January at $106,000. However, the bears were quick to step up at this point, and the asset plunged by two grand in an instant. BTCUSD. Source: TradingView Recall […]
A masked gang tried to abduct the daughter and young grandson of a crypto company executive in Paris, but the attackers fled empty-handed after a violent struggle. This incident is part of a trend of violent cases targeting individuals connected to the crypto industry in France. Crypto Exec’s Family Targeted in Attack According to a […]
TL;DR Ripple’s cross-border token was recently rejected at a multi-month peak line of around $2.7 and now sits below $2.35. Despite this double-digit price drop in the matter of just a few days, a certain technical indicator has flashed a buy signal, which could lead to a trend reversal. $XRP appears ready to rebound as […]
The Japanese hospitality firm Metaplanet has disclosed record-breaking earnings for the first quarter of the year, primarily attributing the success to its Bitcoin treasury strategy. According to the firm’s Q1 Earnings Report, its Bitcoin strategy contributed 88% to its revenue of 877 million Japanese yen ($6 million). Metaplanet’s consistent BTC accumulation has also earned it […]