On February 25th, Aya Miyaguchi formally announced her elevation from Executive Director to President of the Ethereum Foundation (EF), a pivotal decision she had contemplated for a year. This announcement did not just mark a change in title; it underscored a critical moment for Ethereum itself. In her statement, Miyaguchi pointed out the tension surrounding
Crypto
In recent days, the cryptocurrency market has been rocked by one of the most severe downturns in Bitcoin’s trading history. Over a mere 24-hour window, Bitcoin experienced a staggering drop exceeding 10%, translating to a loss of approximately $10,000 per coin. This rapid descent wasn’t isolated; it set off a chain reaction that affected the
Bitcoin (BTC) has been navigating turbulent waters recently, experiencing a significant decline of nearly 13%, leading to alarm among investors and crypto enthusiasts alike. The price deterioration—forging its descent from approximately $99,400 to $86,300—raises questions about the stability of cryptocurrency as a whole and underscores the influence of macroeconomic factors on its valuation. This article
In recent months, the landscape of cryptocurrency exchange-traded funds (ETFs) has seen significant developments, with various companies keen on introducing their offerings to the U.S. market. Among the frontrunners, Grayscale Investments, recognized as the largest digital asset manager globally, has made notable strides. The firm has officially placed an application for a Cardano (ADA) ETF
Bitcoin, the flagship cryptocurrency, faced a troubling downturn recently, hitting a low not seen since early January, at just above $90,000. This significant plunge of over $9,000 from its recent high of $99,500 reflects a volatile market and raises questions about the underlying factors contributing to this instability. The upward momentum that Bitcoin experienced late
In an increasingly competitive blockchain landscape, Berachain has made an impressive debut since its Mainnet launch. Within just three weeks, this EVM-identical Layer 1 blockchain has outpaced established players such as SUI, Avalanche, and Arbitrum in terms of Total Value Locked (TVL), peaking at an impressive $3.27 billion. Although it experienced a slight dip thereafter,
In a staggering event for the cryptocurrency sector, the stablecoin-focused digital bank Infini has fallen victim to a significant security breach, which has led to the loss of over $49 million in USDC. The incident, traced back to the effective misuse of administrative privileges retained by a former developer, highlights not only the inherent vulnerabilities
As Bitcoin finds itself below the pivotal 100-day moving average, currently hovering around $98,000, the cryptocurrency stands at a significant juncture. The downward shift indicates increased selling pressure but, paradoxically, a lack of overwhelming bearish momentum suggests that the market remains tepid. This aspect implies that investors are adopting a wait-and-see approach, potentially leading to
In recent days, the cryptocurrency market has witnessed a notable decline in Bitcoin’s price, which dipped below the critical threshold of $96,000 after a seemingly stable period over the weekend. This downward trajectory has not only impacted Bitcoin (BTC) but has also sent shockwaves through the altcoin market, with various significant assets such as Solana
Recent data from various economic reports have begun to highlight significant vulnerabilities within the US economy. Among these alarming trends is the service-sector Purchasing Managers’ Index (PMI), which has sunk to its lowest point in over two years. This decline raises red flags not only regarding the health of service industries but also suggests broader
