The post Kraken Cuts 15% Workforce Amid Structural Overhaul appeared on BitcoinEthereumNews.com. Kraken announced layoffs impacting 15% of its workforce, or around 400 positions, following recent structural changes.  This move, first reported by the New York Times, coincides with Arjun Sethi stepping in as co-CEO alongside Dave Ripley. Kraken Is Planning to Overhaul Organizational Structure […]

The post Chainlink Launches Runtime Environment (CRE) to Streamline Cross-Chain Development appeared on BitcoinEthereumNews.com. TLDR: Chainlink launches Runtime Environment (CRE) to streamline cross-chain development CRE aims to match historical impact of COBOL and JavaScript in finance Platform offers enhanced privacy features through zero-knowledge proofs and TEEs Full rollout planned for 2025, with early access available […]

The post End Of The Road For Solana? Analyst Predicts 77% Price Crash To $40 appeared on BitcoinEthereumNews.com. Este artículo también está disponible en español. In a surprising take, a crypto analyst has foreseen a crash in the price of Solana despite the ongoing bull momentum. This analyst is projecting a crash in the price […]

The post Spot ETF Approval Could Push Price To $5,000, Altcoin Rival To Enjoy 15,000% Gains In 25 Days appeared on BitcoinEthereumNews.com. SPONSORED POST* The cryptocurrency community is going crazy about the prospect of a possible Spot ETF approval for Solana (SOL), which could cause the Solana price to skyrocket to $5,000 and attract new […]

The post Nishad Singh Receives No Jail Time Amid FTX Fallout: Implications for Future Crypto Regulation appeared on BitcoinEthereumNews.com. Nishad Singh, the former engineering director of FTX, has been sentenced to no prison time after pleading guilty to multiple criminal charges linked to the exchange’s collapse. Judge Lewis Kaplan ruled that Singh would serve time […]

The post MicroStrategy Plans Major Bitcoin Buy appeared on BitcoinEthereumNews.com. Today, companies shared their latest earnings reports, resulting in an unexpected surge in Bitcoin‘s price, which reached $72,500. This rise aligns with financial disclosures from major cryptocurrency firms like Robinhood, Coinbase, and MicroStrategy. What strategies are these companies adopting regarding Bitcoin? What is MicroStrategy’s Bitcoin […]

The post Microsoft Votes on Bitcoin Funding Proposal appeared on BitcoinEthereumNews.com. Microsoft Corp (MSFT) has reportedly initiated a shareholder vote concerning a proposal for investing in Bitcoin (BTC). This move aims to gauge shareholder sentiment on potentially directing funds towards Bitcoin investments. What Are the Voting Options Available? In this voting process, shareholders can select […]

The XRP Ledger (XRPL) reached a significant milestone on October 30, 2024, with the activation of the Decentralized Identifier (DID) amendment, marking a new phase for user-controlled digital identities. The new feature, known as XLS-40, enables users to create self-sovereign identities that are cryptographically verifiable and independent of centralized authorities, adding a layer of security […]

The post Carvana (CVNA) Q3 2024 earnings appeared on BitcoinEthereumNews.com. A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC Carvana on Wednesday raised its 2024 earnings guidance after the online used-car retailer significantly topped Wall Street’s third-quarter expectations. Here’s how the company performed in the third quarter, compared with average […]

The post AI boom boosts Alphabet earnings, bumps Elon Musk’s xAI valuation appeared on BitcoinEthereumNews.com. This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. The artificial intelligence craze is alive and well — at least, if Alphabet earnings and investments in Elon Musk’s new venture are any indication.  Alphabet (GOOG […]