Category: Ethereum News

Multichain’s CEO, Zhaojun, and his sister have been detained by Chinese authorities, causing a halt in operations. Zhaojun’s sister reportedly moved $220 million of assets to new wallets before her detention, leaving the status of these funds uncertain. The cross-chain…

Bitcoin’s decreasing correlation with traditional finance indexes like S&P 500, DJIA, and Nasdaq Composite indicates a growing independence for the cryptocurrency. Amidst this decoupling, the number of Bitcoin wallets holding over one Bitcoin has reached an all-time high, suggesting increased…

Bitcoin’s market dominance declines below 50% following Ripple’s partial legal victory against the SEC. The legal win triggers a surge in altcoin prices, with Ripple’s XRP leading the charge with a remarkable 83% leap. In the thrilling world of cryptocurrencies,…

The launch of Shibarium, Shiba Inu’s Layer 2 blockchain, could significantly increase the burn rate of SHIB tokens, with projections estimating a burn of 5 trillion SHIB per month.  Shiba Inu is set to showcase its ambitious decentralized projects, including…

Coinbase shares escalated by over 24% due to a partial SEC vs Ripple Labs case dismissal, a surge Berenberg Bank sees as possibly excessive. Investors saw the ruling as a dismissal of the SEC’s argument against Coinbase, but Berenberg suggests…

Genie’s new approach to “Time-weighted Missions” encourages early user engagement by rewarding transaction volume and duration. The introduction of “Unlimited User Claims” and support for staking provide added flexibility and convenience for the users. Revolutionizing the Blockchain Landscape: Genie Unveils…

Bitcoin transaction costs have dramatically decreased by approximately 96% following a spike in May, as per the Week On-chain Report, with current average transaction costs at $1.33 and the median down to $0.16. Two significant factors contributing to the reduction…

XRP is no longer classified as a security but a digital token, according to the final ruling of the SEC vs. Ripple lawsuit, making it the only cryptocurrency with full regulatory clarity in the U.S. The ripple effect of this…

Circle’s CEO Jeremy Allaire implores policymakers to enforce stablecoin regulation, warning that the US dollar’s global dominance is under threat. Allaire argues that digital currencies will enhance remittances and help the US dollar maintain its global position of strength. Stablecoin…

Crypto trader Bluntz predicts a rally for the 53rd-largest altcoin Fantom (FTM), using the Elliot Wave theory to interpret potential market movements. Bluntz suggests a possible price drop for Ethereum (ETH), while Litecoin (LTC) appears to be on track for…