The Solana Foundation has given its take on the offensive meme coin issue that originates on the Solana blockchain. Austin Federa, head of strategy at the Solana Foundation, sustained that the core components of Solana should be permissionless while blocking some of these offensive assets should be left to individual applications. Solana Unlikely to Deal […] Source: https://news.bitcoin.com/solana-foundation-asserts-core-network-should-be-permissionless-regarding-offensive-meme-coin-issues/
The meme coin phenomenon, where communities produce tokens with no other support than a meme behind it, has given rise to opposing opinions. These range from the most positive ones, which regard them as value-affirming elements, to the negative ones, which state that there is no value behind them. Bitcoin.com News examines the views of […] Source: https://news.bitcoin.com/buterin-yakovenko-and-gun-sirer-crypto-creators-take-on-the-meme-coin-phenomenon/
The chief executive of LMAX Group says he expects bitcoin to trade in six digits in the future. He explained that based solely on supply and demand, with bitcoin allocation potentially reaching 3%-5% of global assets, “you should see the price of bitcoin being multiples of what it is today.” ‘This Democratizes the Asset Class […] Source: https://news.bitcoin.com/lmax-ceo-expects-bitcoin-to-trade-in-six-digits-in-the-future/
In a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master account, marking a setback for the Wyoming-based depository institution. Custodia Bank argued that the Federal Reserve Bank of Kansas City (FRBKC) was legally obliged to grant its application for a master account, a critical financial […] Source: https://news.bitcoin.com/court-dismisses-custodia-banks-challenge-against-federal-reserve/
U.S. spot bitcoin exchange-traded funds (ETFs) have enjoyed a streak of positive inflows for four consecutive days, according to the latest figures. This rise in interest comes after a previous week that witnessed five straight days of outflows, totaling a substantial $887.6 million. After a Week of Outflows, Bitcoin ETFs Bounce Back Strong From March […] Source: https://news.bitcoin.com/bitcoin-etfs-experience-turnaround-with-859m-inflows-after-previous-outflows/
Amidst a vibrant resurgence in bitcoin’s value, a comprehensive analysis by Grayscale and researcher Michael Zhao sheds light on the anatomy of the current bitcoin market cycle. The study explores whether we are entrenched in a bull run, detailing the driving factors and possible implications going forward. In the Fifth Inning: Measuring Bitcoin’s Current Market […] Source: https://news.bitcoin.com/grayscale-study-pinpoints-bitcoin-in-mid-phase-bull-run-eyes-future-growth/
The next Bitcoin halving is on the horizon, drawing closer with each passing block and anticipated to take place anywhere between April 18 to April 22, 2024, at the milestone of block 840,000. Following this event, the reward for mining a block will halve from 6.25 bitcoins to 3.125 bitcoins. The following is a thorough […] Source: https://news.bitcoin.com/bitcoin-halving-inches-closer-with-fewer-than-2900-blocks-remaining/
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the…
This month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $150 billion mark on March 20, 2024, with an infusion of an additional $1.4 billion into the arena since then. Leading the pack in supply growth for March was Ethena’s USDE, soaring by 194.9% over the last 30 days. Top Dollar-Pegged […] Source: https://news.bitcoin.com/stablecoin-market-swells-with-growth-in-march-led-by-ethenas-usde/
A London woman has been convicted for money laundering, having been found with over $4.3 billion in bitcoin, which she converted into physical assets. The SEC is seeking a nearly $2 billion fine from Ripple Labs in a landmark XRP lawsuit, a move Ripple’s CEO deems unprecedented. The activation of a dormant bitcoin wallet, known […] Source: https://news.bitcoin.com/convicted-uk-woman-found-with-4b-in-btc-the-sec-seeks-2b-fine-from-ripple-and-more-week-in-review/
