Hong Kong SFC considers allowing Ether staking for ETF issuers
SFC reportedly held discussions with the country’s crypto ETF issuers about providing staking services via licensed platforms Go to Source
Month: May 2024
VCs dump $125M into new AI music platform — Can we all become beat makers?
Will we all soon be able to produce high-quality beats? VC investors seem to think this is the case as millions are poured into new AI music creation platform Suno. Go to Source
The Million Dollar Question: Can This MEME Coin Change Your Life?
The crypto market is known for its volatility and fast-pacedness. Any trader or investor wanting to make it big in the crypto market needs to be a risk taker and invest in the right projects at the right moment. The latter phrase is crucial as the time element holds uttermost importance for trading in crypto. … Read more
Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844,704
Bitcoin’s mining difficulty increased by 1.48% at block height 844,704, reaching 84.38 trillion. This adjustment aligns with Bitcoin’s overall hashrate exceeding the 600 exahash per second (EH/s) mark. Bitcoin Network Difficulty Increases by 1.48% On May 23, 2024, at block 844,704, the difficulty adjusted from 83.14 trillion to 84.38 trillion. This rise follows a 5.62% … Read more
The Million Dollar Question: Can $100 in Bitgert Coin Change Your Life?
What does it take to change your life and change your investment story in the crypto space? It takes calculated risks and strategic techniques to build your investment, even if you are starting up with a $100 investment. Bitgert is here to help investors achieve their purpose of making substantial returns on their investments. Bitgert … Read more
QCP Capital Predicts 60% Rally With Imminent US Approval of Spot Ethereum ETFs
Crypto asset trading firm QCP Capital has forecasted a potential 60% increase in the price of ether, projecting it could surge to around $6,000 if the U.S. approves spot ethereum exchange-traded funds (ETFs). The prediction coincides with a significant increase in market volatility and intense anticipation leading up to the ETF approval deadline. Notably, major … Read more
Elusive 2010 Bitcoin Mega Whale Moves 2,000 BTC Worth $138M in Fourth Transfer of 2024
Blockchain data indicates the reappearance of the elusive mega whale from 2010, who expended 2,000 BTC valued at $138 million on May 22, 2024. The large transfer marks the fourth occurrence of this whale this year, with a cumulative expenditure of 7,000 BTC worth over $486 million. Blockchain Parser Data Reveals 2010 Whale’s Bitcoin Transfers … Read more
Fred Ehrsam Predicts Future Crypto Growth Driven by Demographic Shifts
In a recent social media post, Fred Ehrsam, co-founder of Coinbase and crypto investment firm Paradigm, predicts that the cryptocurrency market will continue to gain momentum due to the growing influence of younger generations. He points out that ownership of crypto assets is currently highest among the 18-45 age group, with a significant drop-off after … Read more
What is a crypto vault, and how does it work?
Learn how to enhance crypto asset security by safeguarding valuable cryptocurrencies offline using crypto vaults. Go to Source
Nigeria Appoints New Members to Blockchain Policy Steering Committee
The Director-General of the National Information Technology Development Agency in Nigeria announced on May 21 that new stakeholders have joined the blockchain steering committee. Malam Kashifu Inuwa stated that new members were incorporated to ensure comprehensive representation from both the public and private sectors. Blockchain Implementation in Preliminary Stages The Director-General of the Nigerian Information … Read more