On February 25, Aya Miyaguchi made a significant announcement that marks a pivotal moment for the Ethereum Foundation (EF): she will be stepping up from the role of Executive Director to President. This decision, which Miyaguchi reflects was made a year prior, brings to light her vision for Ethereum amidst a landscape fraught with challenges
Crypto
Bitcoin recently experienced one of its most dramatic downturns, shedding over 10% of its value in a mere 24-hour period, equating to an eye-watering $10,000 drop. The repercussions of this sudden decline rippled across the entire cryptocurrency landscape, leading to unprecedented liquidation figures that soared to approximately $1.6 billion. This surge in volatility not only
Bitcoin (BTC), the leading cryptocurrency known for its volatility, has recently faced significant downward pressure. With a decline of nearly 13% in just a few days, the asset has dropped from a remarkable high of $99,400 to around $86,300. This article dissects the various factors contributing to Bitcoin’s recent decline, the implications of these events,
Recent actions taken by Grayscale Investments signal a significant shift in the U.S. cryptocurrency landscape. The Securities and Exchange Commission (SEC) has officially acknowledged Grayscale’s application to launch a spot Cardano (ADA) exchange-traded fund (ETF). This marks an essential step in the regulatory approval process, which can often be lengthy and complex. The acceptance of
In the ever-evolving landscape of cryptocurrency, Bitcoin has experienced a rollercoaster ride over the past week, plunging to a shocking low not seen since mid-January. As of now, Bitcoin’s price fell to just above $90,000, marking a significant decline of over $9,000 from its recent peak of $99,500. This price drop has triggered an avalanche
The blockchain landscape has experienced unprecedented growth lately, and at the forefront of this revolution is Berachain. Just 20 days following its Mainnet launch, the EVM-compatible Layer 1 blockchain made headlines by amassing a Total Value Locked (TVL) of $3.27 billion. This remarkable figure catapulted Berachain past established blockchains such as SUI, Avalanche, and Arbitrum,
In a dramatic turn of events, the Infini stablecoin bank experienced a security breach that resulted in the theft of over $49 million in USDC. The breach has highlighted vulnerabilities within the crypto banking ecosystem, stemming from an exploit that involved an insider with retained administrative privileges. This incident serves as a stark reminder of
Bitcoin has recently experienced a decline, falling below its significant 100-day moving average, which is currently positioned at the $98K mark. This movement places Bitcoin perilously close to a pivotal support level at $95K, a threshold that is currently attracting attentive market analysis. The reduction in trading volumes indicates a notable lack of robust market
Bitcoin, the flagship cryptocurrency, continues to exhibit erratic price behavior as it recently dipped below the $96,000 mark. This decline follows a weekend where BTC had managed to hold steady at that level, showcasing the highly volatile nature of the market. The downturn for Bitcoin is coupled with a more substantial crisis among alternative cryptocurrencies,
Recent financial reports have painted a concerning picture of the robustness of the US economy. Notably, the service-sector Purchasing Managers’ Index (PMI) revealed its lowest reading in over two years, signaling potential weaknesses that may not have been previously acknowledged. This trend could signal a shift in economic dynamics, casting doubt over the resilience that