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Ethereum has once again taken center stage as the crypto market gains momentum. With a stunning 44.8% increase in just the past week, ETH is not only outperforming many of its peers but is also becoming a focal point for traders, institutions, and analysts as the next major asset likely to break out. The second-largest … Read more
Hedera, the public distributed ledger platform, announced the launch of AI Studio, an open-source toolkit for building trusted artificial intelligence (AI) applications on its network, during a May 14 event in Toronto. Open-Source AI Toolkit Launched by Hedera for Developers Hedera‘s modular platform enables developers and enterprises to create intelligent systems with task automation, AI-driven … Read more
According to data retrieved from Tether’s reserves portal, the stablecoin behemoth has officially surpassed the $150 billion threshold for the first time on record. Tether’s Net Circulation Swells Past 150B as It Widens Lead USDT, Tether’s U.S. dollar-linked token, holds the title of the largest fiat-referenced digital asset by market capitalization. This week, the firm’s … Read more
Given the inelastic supply of gold, JPMorgan analysts believe the precious metal could reach prices of $6,000 per troy ounce by 2029. The bank stated that a shift of just 0.5% of U.S. assets held abroad into gold could send prices soaring. JPMorgan: Gold Might Soar to $6,000 by Trump’s Term End Gold, which has … Read more
One of the more troubling cases of mistaken identity in recent crypto history shows how a respected white-hat hacker and former Yuga Labs security researcher was detained at the airport in 2023 under suspicion of being behind a sophisticated phishing attack that resulted in the theft of over $1.1 million in Bored Ape NFTs. This … Read more
As the crypto market develops into a novel epoch of institutional cooperation and tangible usefulness, Ethereum is arising as the uncontested leader among alternative coins. Already the second-largest digital asset by market capitalization, Ethereum’s network is rapidly becoming the very infrastructural backbone for a global financial world. And that momentum may soon drive its price … Read more
Following a stormy but ultimately successful ascent, Bitcoin has regained a $2 trillion market cap — rejoining the global stage as one of the five most valuable financial assets on Earth. Just weeks ago, it was barely holding on to the #7 spot, trailing in the wake of Meta and Berkshire Hathaway. Now, it has … Read more
In a development that suggests a strong steer into the future of cross-chain finance, the liquid staking protocol StakeStone (formerly Staking Facilities) has struck a partnership with WLFI — the crypto project associated with Donald Trump — to generate robust liquidity for the stablecoin USD1. The collaboration aims to build a solid bridge between real-world … Read more
Ethereum’s enduring ambition to scale via Layer 2s (L2s) is now a reality, delivering speedy and low-cost transactions to users. Yet, while rollups like Base amass millions of transaction fees, a new discussion is underway: are these L2s getting too rich — and thereby making the base layer more extractive? Cointelegraph recently interviewed Tanay Ved, … Read more
Even while much of the crypto market remains cautiously optimistic during times of macroeconomic uncertainty, BNB Chain is steadily solidifying its lead in both user activity and developer adoption. With a presence that commands a growing share of on-chain activity and a dominant place among many of the tokens that are performing best, BNB Chain, … Read more