The Starknet Foundation has unveiled its STRK token distribution plan, aimed at empowering its community. This initiative marks a significant step towards decentralization within the Starknet ecosystem. Starknet operates as an Ethereum Layer-2 network, leveraging ZK-Rollup technology. This innovative approach allows for efficient scaling of decentralized applications (dApps) on the Ethereum blockchain. By utilizing ZK-Rollup, […]
Mark Cuban Slams SEC’s Impact on US Crypto Token Releases
Billionaire investor Mark Cuban has openly condemned the work of the U. S. Securities and Exchange Commission (SEC) regarding crypto regulations, and especially in token releases. Cuban vented on X detailing problems with the registration process, which is too complicated and killing legitimate crypto businesses. As per Cuban, the SEC’s approach makes compliance nearly impossible […]
Gary Gensler Reiterates Bitcoin’s Role in Ransomware, Post ETF Approval
In his statement to CNBC, SEC Chairman Gary Gensler again expressed his concerns about cybercriminals using cryptocurrencies such as Bitcoin to stage insidious ransomware attacks. This column proposes to follow the SEC’s approval of eleven Spot Bitcoin exchange-traded funds (ETFs) in January, constituting a landmark for the cryptocurrency sector. Although Gensler received the approvals, he […]
Bitcoin Runes Sees Slowdown in Activity After Initial Surge
Bitcoin’s novel Runes protocol, launched in conjunction with Bitcoin recent halving on April 19, has witnessed a significant slowdown after its initial surge. The protocol’s debut catalyzed record transaction fees for Bitcoin miners as investors eagerly participated, generating over $135 million in fees in the first week alone. Despite this robust start, recent data points […]
Citi Hops on Blockchain Bandwagon While Exploring Tokenizing Private Markets
Banking giant Citi has tapped into blockchain technology to initiate the tokenization process in private markets. According to a statement released by the firm, it had partnered with Wellington Management and WisdomTree. The partnership was focused on completing a proof of concept on the tokenization of private funds. Citi tokenizes private equity on blockchain According […]
Pepe Coin Price Prediction As Whales’ Buying Spree Sets $0.00001 Target in Sight
Pepe Coin Price Analysis: For over a week, the Bitcoin price has wavered around the $60000 level accelerating uncertainty among market participants. As a result, the altcoin market lacked the momentum to drive a sustainable recovery with many showing a sideways action. Pepe, the Frog-themed memecoin has been trading since May 4th, resonating between two […]
Grayscale Taps Altcoin Fund Offerings Amid Bitcoin ETF Outflows
Following the introduction of spot Bitcoin ETFs in the market, the Grayscale Bitcoin Trust (GBTC) has experienced consistent outflows. Investors are reallocating capital to alternative Bitcoin ETFs offered by BlackRock and Fidelity, which provide cost advantages with lower fees. Grayscale Opens Private Placement Subscriptions for Altcoin Trusts According to insights provided by crypto analyst Colin […]
Cardano’s Charles Hoskinson Explains Why Trump Is Better Than Biden For Crypto
In a recent statement by Charles Hoskinson, the founder of Cardano (ADA), he voiced his concerns over the potential impact of the upcoming November 2024 presidential elections on the crypto industry. Hoskinson’s remarks come in response to a report by Blockworks, a crypto insights and news provider, which suggested that only a “fool” would base […]
LUNC Price: Terra Classic Pumps 15% In A Day As $128M In Trading Volume Rushes In
Terra Classic holders are in a jubilant mood as LUNC price joins the bullish party, exploding by 15% to $0.0001335 on Thursday. The crypto market has generally exhibited strength this week, influenced by Bitcoin price swinging above $52,000. It is believed that the growing interest in Bitcoin ETFs among institutional investors is the biggest force driving the rally. On […]
Bitcoin To Hit New High If It Breaches This Level, Analyst Predicts
Against the backdrop of Bitcoin’s remarkable rising price action witnessed today, May 13, a renowned crypto market analyst has taken to X, spotlighting a key level for the flagship token to breach for scaling new highs imminently. In a post shared by the analyst Ali Martinez, it was brought to attention that the most crucial […]