It turns out that Vitalik Buterin wasn’t satisfied with the first overhaul to Ethereum’s consensus mechanism—despite many years of technical tinkering and debate. In a Monday blog post, the Ethereum co-founder pondered several potential improvements to Ethereum’s proof-of-stake model. That included lowering financial barriers for solo stakers, as well as improving the amount of time it takes when finalizing Ethereum…
Month: October 2024
Crypto Market Flatlines at $2.3 Trillion—Coingecko’s Q3 Insights Show Surprising Trends
According to Coingecko’s 2024 Q3 Crypto Industry Report, the global cryptocurrency market closed flat, ending the quarter with a $2.33 trillion market cap. However, the period saw considerable volatility driven by geopolitical and economic events across major markets. Q3’s Crypto Winners and Losers: Coingecko’s Report Breaks It Down Coingecko’s latest report highlights that the crypto […] Source: https://news.bitcoin.com/crypto-market-flatlines-at-2-3-trillion-coingeckos-q3-insights-show-surprising-trends/
Harris beats Biden, lags Trump on crypto policy: Galaxy Research
Harris takes a softer stance than Biden on crypto regulation but is more skeptical than Trump on taxes, Bitcoin mining, and self-custody, according to Galaxy Research. Source: https://cointelegraph.com/news/harris-beats-biden-lags-trump-crypto-policy-galaxy-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Rises as China Stimulus and Multiple Bullish News Fuel Crypto Gains
China’s unclear fiscal stimulus measures have fueled a surge in bitcoin, pushing the cryptocurrency to a two-week high and sparking speculation that investors may shift to cryptocurrencies over Chinese equities. The uncertainty surrounding the scale of China’s economic efforts has prompted capital rotation into alternative assets like BTC. Adding to the momentum, rising odds for […] Source: https://news.bitcoin.com/bitcoin-rises-as-china-stimulus-and-multiple-bullish-news-fuel-crypto-gains/
Is Bitcoin’s Uptober beginning, or will today’s BTC rally end with more of the same?
Bitcoin rallied to $66,300 today, but definitive proof of a structural trend change remains in question. Source: https://cointelegraph.com/news/is-bitcoin-s-uptober-beginning-or-will-today-s-btc-rally-end-with-more-of-the-same?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Wallets Linked to MrBeast Made $13 Million on Tokens Shilled by Influencers
Crypto wallets linked to YouTube personality MrBeast made some $13 million by cashing in on a slew of token launches that were framed by analysts as pump-and-dumps, new on-chain analysis suggests. The main wallet, which blockchain analytics firm Arkham Intelligence has linked to MrBeast, aka Jimmy Donaldson, and which the content creator himself has previously said he has used to…
UAE stablecoin issuer gets greenlight, FTX customers sue hedge fund: Law Decoded
While the UAE central bank has given a significant regulatory nod to a new stablecoin, an FTX customer sued hedge fund Olympus Peak over its alleged profits from the exchange’s meltdown. Source: https://cointelegraph.com/news/uae-stablecoin-issuer-greenlight-ftx-customers-sue-hedge-fund-law-decoded?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
QCP Capital: Bitcoin’s Potential for ‘Uptober’ Rally Mirrors Historic Election Trends
QCP Capital analysts have noticed a significant rise in bitcoin (BTC), comparing it to similar patterns seen before past U.S. elections. Their latest report delves into the influence of historical price movements, current market dynamics, and upcoming events on the cryptocurrency’s future course. QCP Capital Eyes Bitcoin’s Election-Year Rally Potential In its latest review, QCP […] Source: https://news.bitcoin.com/qcp-capital-bitcoins-potential-for-uptober-rally-mirrors-historic-election-trends/
Drex Brazilian CBDC pilot will work on privacy, DeFi in phase 2
The Brazilian central bank has 13 participants for phase 2 so far, and it is willing to take on an unlimited number. Source: https://cointelegraph.com/news/brazil-drex-cbdc-pilot-phase-2?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETF Investment Jumps as Trump’s Election Odds Improve: CoinShares
Crypto investors are apparently feeling more bullish: They threw $419 million at Bitcoin-related funds last week, marking a reversal from the previous week’s negative crypto fund flows. The reason, according to European asset manager CoinShares, is that they think a Republican in the White House now looks a bit more likely than before. CoinShares said in a Monday report that…