Author: Admin-aX9d7
Key Takeaways: Fidelity Digital Assets’ report said that multiple Ethereum onchain metrics suggest ETH trades at a discount.The BTC/ETH market cap ratio is at mid-2020 levels. Ethereum’s layer-2 active addresses hit new highs at 13.6 million. Fresh data from Fidelity Digital Assets hints at a cautiously optimistic outlook for Ethereum, suggesting its dismal Q1 performance could be an opportunity. According to their latest Signals Report, Ether (ETH) dipped 45% during Q1, wiping out it post-US election gains after peaking at $3,579 in January.The altcoin posted a death cross in March, with the 50-day simple moving average (SMA) dipping 21% below…
Crypto holds Gains, Arizona passes BTC bill, Carney wins electionCrypto holds Gains, Arizona passes BTC bill, Carney wins election FOMO HOUR EP346 Crypto holds gains amid solid ETF inflows. Arizona first state to pass BTC reserve bill. Strategy acquires $1.4bn BTC. S. Korea set to approve crypto ETFs this year. US will accelerate BTC mining: Lutnick. BTC to rise to $120k in 2Q25: StanChart. Coinbase to launch BTC Yield Fund. Market value of stablecoins nears $240bn. ETH Fusaka hard fork upgrade in Q3/Q4. 1inch launches on SOLANA. FTX files lawsuit against token issuers. Mastercard launches global stablecoin payments. Abu Dhabi…
This is a segment from The Drop newsletter. To read full editions, subscribe. An RTFKT buyer in Australia is suing Nike via a proposed class-action lawsuit, accusing the apparel giant of deceptive practices, unfair competition, unjust enrichment and unlawful trade practices with its numerous NFT collections. The lawsuit, filed last week in the Eastern District of New York, alleges that Nike committed a “brazen rug pull” via its subsidiary RTFKT, pronounced “artifact,” which it acquired in late 2021. “Nike used its iconic brand and marketing prowess to hype, promote, and prop up the unregistered securities that RTFKT sold,” the filing…
Key takeaways:XRP trades over 120% above its realized price, flashing heightened correction risk.A rising wedge breakdown on the 4H chart could send XRP toward $1.89 by mid-May.Weekly falling wedge pattern and 50-week EMA support suggest a possible 25% recovery to $2.92 by June.XRP (XRP) price has rebounded by over 40% in the last three weeks to reach over $2.28 on April 29, but it’s still trading over 30% below its local high of $3.39.XRP/USD daily price chart. Source: TradingViewWill XRP’s price sustain the recovery or drop further in the coming days?XRP’s rising wedge flashes selloff risksXRP is showing signs of…
While quantum computing threatens to break the foundations of traditional cybersecurity, Naoris Protocol stands out as the essential response to guarantee trust and integrity in a rapidly evolving digital world. As the world’s first decentralized post-quantum infrastructure, Naoris does not just protect the present: it anticipates the threats of tomorrow. A new layer of security for the post-quantum era As quantum computing threatens to shatter the foundations of traditional cybersecurity, Naoris Protocol emerges as the ultimate solution to ensure trust and integrity in a rapidly evolving digital world. As the world’s first decentralized post-quantum infrastructure, Naoris not only protects the…
Common and Aleph Zero co-founder Adam Gągol joined Decrypt to talk about how the DeFi suite is making accessible privacy a seamless default, and why it’s crucial for the mainstream adoption of crypto.
Research from Standard Chartered Bank shows a marked exodus from spot gold exchange-traded funds (ETFs) to bitcoin ETFs. Gold vs. Bitcoin: ETFs Show Shifting Investor Sentiment as BTC Holds $95K London-based Standard Chartered Bank published research on Tuesday showing a migration of investor capital from spot gold ETFs to bitcoin ETFs, as the cryptocurrency held […]
When Dean Skurka joined Bitbuy in 2018, the platform had only four employees, a few thousand users, and about $25 million in trading volume. Fast-forward to today, Skurka now oversees WonderFi: A company that’s consolidated multiple Canadian exchanges, boasts 1.7 million accounts, and guards $2 billion in client assets.But Skurka isn’t just sitting on a domestic empire—he’s building outward.In a conversation with CoinDesk, WonderFi’s president and CEO, Dean Skurka, detailed his company’s next chapter: launching a Layer-2 blockchain in partnership with zkSync and expanding into Australia, a country he says “checks both boxes” of regulatory clarity and strong adoption. He…
Ethereum developers have officially removed the EVM Object Format (EOF) from the upcoming Fusaka network upgrade, citing technical uncertainties and community opposition.According to Tim Beiko, Protocol Support Lead at the Ethereum Foundation, the decision was finalized during the Ethereum All Core Developers (ACD) call on April 28.This announcement came shortly after Tomasz Stańczak, co-executive director at the Ethereum Foundation, indicated that EOF would be part of the Fusaka upgrade scheduled for the third or fourth quarter of 2025.However, widespread pushback from the Ethereum community prompted reevaluating its implementation in the upgrade. Critics had argued that EOF was unnecessarily too complex…
This is a segment from the Supply Shock newsletter. To read full editions, subscribe. “Being too far ahead of your time is indistinguishable from being wrong.” That was Howard Marks, co-founder of Oaktree Capital Management, in his 2011 book The Most Important Thing. Marks had obviously never heard of bitcoin. Luckily, two MIT students never took that adage to heart. On this day in 2014, Jeremy Rubin and Dan Elitzer announced a bombastic plan to give every undergraduate student at their university $100 in bitcoin. The price of bitcoin has since multiplied by more than 220x. Take that, Marks! On…