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Lido Tests of 'Distributed Validator Technology' Portend 2024 Decentralization Push
20.12.2023
A big selling point of blockchain networks is that they are "decentralized." But just a few validators, including those run by Lido, have gradually amassed a lion's share of the power over the dominant smat-contracts blockchain, Ethereum. One idea is to decentralize the validators themselves
Blockchain Association’s Employment of ‘Small Army’ of Former Security Officials Angers US Senator Elizabeth Warren
19.12.2023
U.S. Senator Elizabeth Warren has criticized the Blockchain Association’s use of former security officials to push back against her attempts to link crypto to terrorism funding. Warren claimed that the ease with which U.S. officials can leave their positions in government to work as lobbyists shows...
XRP Price Prediction as XRP Spiles Up 3.3% to Breach $0.60 Resistance – Sign of a Strong Comeback?
19.12.2023
The XRP price has jumped by 3% today, rising to $0.608281 as fresh Bitcoin ETF approval rumors push the wider market towards a 4% gain in 24 hours. XRP’s current value represents a 2% loss in a week and a 1% fall in the last 30 days, although the altcoin remains up by 78% since […]
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Belgium to Push European Blockchain Network During EU Council Presidency, Digital Minister Says
18.12.2023
EU-wide blockchain services could support the bloc’s pursuit of digital sovereignty, Mathieu Michel tells CoinDesk
Bitcoin Transaction Fees Soar to $40, Sparking Debate and Push for L2 Solutions Amid Mempool Backlog
16.12.2023
On Saturday, Dec. 16, 2023, Bitcoin’s transaction fees spike to a high of $40 per transaction at 1:48 p.m. Eastern Time. The jump in onchain fees surpassed the high reached on May 8, 2023, when the average transfer cost topped $31 per transfer. Skyrocketing Bitcoin Fees Surpass $40 Bitcoin...
AI Chatbot Girolamo Debuts on Cardano; Ambitious Goals for Avalanche & RebelSatoshi Attract Investors
16.12.2023
The blockchain world is abuzz with innovations, and leading the charge is Cardano’s AI chatbot Girolamo, heralding a new era of AI and blockchain synergy. Meanwhile, Avalanche continues to push the boundaries of blockchain technology, and RebelSatoshi ($RBLZ) is turning heads in the memecoin...
SEC Denies Coinbase Push for Crypto Regulation, Cites Own Priorities
15.12.2023
The SEC rejected Coinbase’s plea for customized crypto regulations, preferring to apply traditional securities laws. Image by RareStock, Adobe Stock. The Securities and Exchange Commission (SEC) rejected a petition by cryptocurrency exchange Coinbase on Friday requesting the creation...
Is It Too Late to Buy ORDI? ORDI Price Boosts 32% as the Latest Meme Coin Approaches Exchange Listing
15.12.2023
The first ever BRC-20 token Ordinals (ORDI) has exploded +32% in a dramatic push out of consolidation, but with retracement threatening structure – is it too late to buy ORDI? This comes amid a wider rally for BRC-20 tokens, following a wave of Binance listings that have triggered upside...
U.S. SEC Denies Coinbase's Push for Crypto Regulations as 'Unwarranted'
15.12.2023
U.S. crypto exchange Coinbase's petition to the Securities and Exchange Commission (SEC) to prod it toward a system of tailored rules for digital assets was rejected by the regulator on Friday
Best Crypto to Buy Now December 14 – BONK, Injective, Helium
14.12.2023
BONK, Injective, and Helium notch impressive gains, but does this make them the best crypto to buy now? Image by cryptonews.com. After consolidating for the past few days, BONK is making a renewed push following its Coinbase debut, sparking speculation on whether the meme coin could be one of...
Total Value of Cardano DeFi Ecosystem Nears $450M Amid Layer 1 Push; ADA Rockets 17%
14.12.2023
The total value locked (TVL) of all Cardano-based tokens jumped to over $440 million late earlier this week, crossing a previous peak of $330 million set in April
Crypto Regulation News Weekly Digest: Anti-Money Laundering Support Gains Momentum in US Congress and India Takes Cautious Regulatory Approach
13.12.2023
US lawmakers push for stricter crypto regulation while India reiterated its plan for a slow, evolutionary approach to digital asset legislation. Image by Kerem Goktug Kaya, DALL-E 3. The past week saw major developments on the crypto regulation front. In the United States, The CFTC Chairman...
Dogecoin Price Prediction as ‘Excess Bullish Leverage’ Leads to Sharp Drop – Is the Market Resetting?
12.12.2023
DOGE Chart / Source: TradingView Dogecoin (DOGE) has pulled back sharply from the multi-month highs it hit on Monday at $0.1075 amid a flushing out of excessive bullish leverage that had built up during the cryptocurrency’s push higher in the past few weeks. DOGE was last changing hands around...
Senator Warren’s Bipartisan Push to Combat Crypto Money Laundering Gains Momentum
12.12.2023
Source: Screenshot of video Sen. Elizabeth Warren’s YouTube page Senator Elizabeth Warren (D-Mass.) has announced an increase in support for the bipartisan Digital Asset Anti-Money Laundering Act, which aims to tackle concerns around the use of crypto in illegal activities such as money laundering...
Singapore, China to Begin Piloting Digital Currency in Tourism Spending Push
7.12.2023
Source: AdobeStock / Proxima Studio Singapore’s regulatory body the Monetary Authority of Singapore (MAS) plans to begin piloting the digital currency “E-CNY” – also known as the digital yuan, in collaboration with China to encourage tourism spending. The two countries first signed a Memorandum...
Tokenization of RWAs Gets Push in Europe as AXA, Generali Buys SocGen's Green Bonds on Ethereum
4.12.2023
SocGen said tokenized bonds provide greater transparency and traceability, as well as speedier transactions and settlements
Bitcoin Price Prediction as Whales Poised to Push Price Above $40,000 – Will They Succeed?
1.12.2023
As the cryptocurrency world closely watches, Bitcoin stands on the brink of a potential breakthrough, with its current price hovering around $38,150. With a substantial 24-hour trading volume of $19.4 billion, Bitcoin has shown a modest but noteworthy increase of nearly 0.50% in the last day....
Is Chainlink Going to Zero? LINK Price Struggles as New Mining Protocol Bitcoin Minetrix Secures $4.6 Million
1.12.2023
As Chainlink struggles to push up out of consolidation, LINK price is currently up +2.9%, but with market attention shifting to a new mining protocol – is Chainlink going to zero? This comes following a sensational breakout move by LINK price over the past two months, which has seen...
Blockchain Protocol Algorand Forms Strategic Collaborations in India For Web3 Push
30.11.2023
Source: Pixabay Decentralized network Algorand (ALGO) has partnered with key players in India to deepen India’s Web3 foundation. In a significant move explained by the blockchain platform’s CEO Staci Warden, Algorand will partner with the Indian tech advocacy group – NASSCOM. Other partners include...
Bitcoin struggles to flip $38K to support, while UNI, IMX, VET and ALGO aim to push higher
26.11.2023
Bitcoin is facing resistance at $38,000, but UNI, IMX, VET and ALGO may extend their up-move in the short term