Raoul Pal, CEO of Real Vision and former Goldman Sachs executive, recently held an Ask Me Anything (AMA) session on YouTube to explain his bullish stance on crypto assets. He believes that blockchain technology offers users the opportunity to own and operate pieces of a network, unlike other systems where people have to buy stocks […]
Ethereum transaction fees have dropped to their lowest levels since December, according to data from South Korea-based blockchain analytics firm CryptoQuant. The cost of executing transactions on the world’s largest programmable blockchain and the parent platform of the world’s second-largest cryptocurrency Ethereum (ETH) has dropped to 1,719 ETH which is valued at approximately $2.8 million. […]
DEGA and Unique Network have announced a collaboration to empower builders within the Unique ecosystem. This partnership will allow builders to leverage DEGA’s Initial Stake Pool Offering (ISPO) platform for crowdfunding and community engagement on Polkadot. The Polkadot team has confirmed the collaboration and is looking forward to the upcoming Polkadot Developer Conference, sub0, which […]
A federal judge has overturned the United States Securities and Exchange Commission’s (SEC) decision to deny an exchange-traded fund (ETF) offering from Grayscale Investments through its Bitcoin BTC Trust. The court ruled that the SEC’s justification of denying Grayscale’s Bitcoin ETF was insufficient and the matter will return to the commission for review.The SEC has […]
Bitcoin’s supply on exchanges has dropped to its lowest level in nearly 6 years, according to leading in-chain metrics platform Santiment. The current supply of Bitcoin on exchanges is now at just 5.8%, and whale transactions have also been spotted in the market.The new week looks promising for Bitcoin, as the apex cryptocurrency clears weekly […]
CryptoQuant, an on-chain data analytics provider, has recently explored the changes to Bitcoin (BTC) over the last year. According to their findings, the BTC reserves on non-US-based exchanges have increased while the same number has declined in US-based exchanges. This hints at the possibility of institutional buyers accumulating the leading crypto asset by market cap.CryptoQuant […]
The United States Court of Appeals for the District of Columbia Circuit (DC Circuit) has ruled in favor of Grayscale in its dispute with the SEC over its Bitcoin ETF proposal. The SEC had previously denied Grayscale’s Bitcoin ETF based on the view that the proposal was not “designed to prevent fraudulent and manipulative acts […]
Backed, a Zurich-based company, has announced its integration of the BNB Smart Chain (BSC) into its token issuance framework. This framework enables the tokenization of off-chain assets such as treasury-based ETFs and stocks, and is compliant with Swiss blockchain regulations. The BNB Chain offers a large and active smart contract user base, reduced transaction fees, […]
Bitcoin’s mining difficulty has reached a new peak as the cryptocurrency hovers around the $26,000 price level. According to the latest edition of the weekly report from crypto exchange Bitfinex, the mining difficulty hit an all-time high of 55.62 trillion hashes.The mining difficulty is a metric representing the challenge of validating a new block. High […]
Bitcoin (BTC) is currently trading around $26,060, offering investors a rare chance to buy at a support zone with a “100% long hit rate,” according to crypto asset manager Capriole Investments. The firm suggests watching for a BTC price dip to $24,000.Capriole’s founder Charles Edwards is “very confident” in the $23,000 BTC price support. This […]
