The Bitcoin Halving event is quickly approaching, marking one of the most significant moments in the history of the Cryptocurrency market. Each halving event has proven to have a profound impact on various aspects such as supply, demand, and price movements. However, with Bitcoin already reaching new all-time highs before the halving, the question remains
The price of Ethereum has been fluctuating recently, with the coin staying above the $3,400 support zone. However, in order for Ethereum to continue its upward trajectory, it needs to clear the $3,600 mark. The recent decline in price saw Ethereum testing the $3,400 support zone, with traders closely monitoring the movement to make informed
The head of the Korbit Research Center at the Korbit crypto exchange, Kim Min-seung, has recently claimed that US stock traders are now exerting a significant influence on Bitcoin prices. In the past, prices were primarily influenced by Bitcoin miners and whales. However, according to Kim, this dynamic has shifted in recent months. He attributed
The European Securities and Markets Authority (ESMA) recently highlighted the high level of concentration in the crypto markets, expressing concerns over the potential risks associated with it. According to ESMA, the dominance of a small number of assets, such as Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), could lead to significant impacts on the entire
EigenLayer, a leading blockchain protocol, saw a significant expansion of its mainnet recently with the addition of two major players in the tech industry – Coinbase and Google Cloud. This move, aimed at strengthening the network’s security, marks a significant milestone for EigenLayer as it strives to enhance the overall ecosystem. Coinbase Cloud, in a
In a recent letter addressed to House Financial Service Committee Chairman Patrick McHenry and Ranking Member Maxine Waters, Senator Elizabeth Warren raised concerns about the proposed stablecoin bill. She emphasized the importance of including anti-money laundering laws in the regulation of stablecoins to mitigate risks to consumers and the banking system. Warren highlighted that the
Uniswap Labs, the company behind the popular Ethereum-based decentralized exchange, Uniswap, has recently been served with a Wells notice by the US Securities and Exchange Commission (SEC). This Wells notice indicates the SEC’s intention to take legal action against Uniswap Labs for alleged violations of securities laws. Hayden Adams, the founder of Uniswap, took to