VanEck, a major financial entity based in New York, has shared insights into Ethereum’s layer-2 (L2) solutions. The firm projects a $1 trillion valuation for L2s, highlighting their potential to outperform Ethereum. L2 technologies, such as zero-knowledge roll-ups (ZKUs) and optimistic roll-ups (ORUs), address scalability by processing transactions off the main blockchain. This could position […]

Bitcoin Cash, the cryptocurrency that split from Bitcoin in 2017, has completed its second halving, resulting in a reduction in the number of miner rewards from 6.25 BCH to 3.125 BCH.  This move follows the first halving of Bitcoin Cash on April 8, 2020, which also reduced miner rewards by half from 12.5 BCH to […]

Michael Novogratz’s Galaxy Digital is in the process of raising $100 million in venture funds, according to Bloomberg. The raise came right around the corner when the firm had posted a positive result and assets under management. Galaxy Digital to Use External Sources for Raise Bloomberg highlights that the majority of Galaxy Digital’s $100 million […]

Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has voiced his concerns following Federal Reserve Chairman Jerome Powell’s recent statements on inflation. Powell acknowledged the challenges in controlling inflation, indicating a departure from previous assurances that inflation levels would be maintained at the 2% target and that the inflationary trend was “transitory.” Fed Chairman […]

The cryptocurrency market showed signs of a rebound after a string of outflows with Bitcoin (BTC) recording several large-scale exits. On-chain data shows an increasing number of long-term Bitcoin holders moving assets following present market situations. Analysts at crypto data analyst firm CryptoQuant point to a change in BTC supply rate from long-holders to see […]

Nemesis seems to be catching up with those who were involved in the multi-billion dollar OneCoin cryptocurrency scam. The latest to receive a jail term from the United States authorities is Irina Dilkinska, the ex-head of Legal and Compliance at OneCoin. OneCoin Scam: In-house Lawyer Bags Jail Term  Damian Williams, the United States Attorney for […]

Stablecoin wallets have emerged as a safe and viable option for people to have their money in decentralized and away from the government. Forbes highlights that payment rejections, unfavorable government policies, etc. are likely to make people jump on the crypto and stablecoin bandwagon.  Stablecoin Wallet Help Keep Money Away From Banks Forbes highlights that […]

The March-end recovery in Shiba Inu price failed to break past the $0.0000328 barrier amid the broader market correction. The bearish downturn plunged the coin value to $0.0000262, registering a 20% weekly loss. This retracement phase led by a downsloping trendline hints the SHIB price is poised for further downfall.  Also Read: Shiba Inu Coin: […]

Artificial Intelligence (AI) memecoins are recovering like their counterparts in the wider market following slight gains among cryptocurrencies. As anticipation for Artificial Intelligence products surges, a slew of related memecoins also rallied in the past month. Significantly, the exploration of AI by most tech firms and traditional finance firms has led to an increased AI […]

Ethena Price: Ethena, a relatively new entrant in the DeFi space, is garnering attention for its innovative approach to yield generation. Following a successful airdrop of 750 million ENA tokens and listing on a major crypto exchange, altcoin has witnessed remarkable gains amid the current correction trend in the crypto market. Will the momentum persist […]