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The Ethereum Foundation has released a report detailing its $970.2 million treasury, primarily held in ether. The report outlines the foundation’s strategy of selling ETH during bull markets to fund ecosystem projects during bear markets. Rationale Behind Ethereum Foundation’s ETH Sales The Ethereum Foundation (EF), the non-profit organization supporting the Ethereum ecosystem, has unveiled a … Read more
Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a procedure used to transfer cryptocurrency between blockchains. Through this procedure, crypto users … Read more
Following the recent U.S. election, where Donald Trump was selected as the 47th president, political finance (politifi) tokens have faced an intense wave of sell-offs. Crypto Carnage: Politifi Tokens in Freefall After U.S. Election Politifi tokens, especially those tied to candidates, are under heavy pressure in the market. Tokens linked to Kamala Harris have seen … Read more
Brian Armstrong, CEO of Coinbase, argued that the exchange did not collect any listing fees while commenting on a case involving Binance asking for 15% of the total supply of a particular token. Nonetheless, two token founders contradicted Armstrong’s statements. Coinbase Allegedly Collecting Hidden Fees for Listing Assets in Its Platform Coinbase is in the … Read more
Earlier this week, Andy Ayrey, the mind behind the semi-autonomous AI bot Truth Terminal, discovered his X account had been hacked, leaving the bot’s portfolio emptied. Onchain investigator Zachxbt reported that a FWOG whale seems to be one of the parties tied to the incident. An X Account Hack and a Pump-and-Dump Scheme — What … Read more
Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish. Go to Source
The U.S. Treasury yield curve is undergoing a notable bear steepening, a trend signaling rising economic jitters as the 2024 election nears, with the Federal Open Market Committee (FOMC) meeting close behind. Rising U.S. Treasury Yields Could Spell Trouble for 2025 Economy As the U.S. approaches the 2024 election, economic indicators are signaling turbulence ahead, … Read more
The U.S. Treasury yield curve is undergoing a notable bear steepening, a trend signaling rising economic jitters as the 2024 election nears, with the Federal Open Market Committee (FOMC) meeting close behind. Rising U.S. Treasury Yields Could Spell Trouble for 2025 Economy As the U.S. approaches the 2024 election, economic indicators are signaling turbulence ahead, … Read more
The BIS announced it was abandoning Mbridge, a project aimed at using CBDCs to interconnect the financial systems of several countries, due to its potential to help BRICS nations sidestep economic sanctions. BIS Abandons Mbridge Project for Potential BRICS Sanctions-Evading Applications The Bank for International Settlements (BIS) has finally decided to abandon its participation in … Read more
16 years ago, Satoshi released the Bitcoin white paper into the world, seeking to revolutionize finance by eliminating the custodians and middlemen associated with money. Today, his proposal is as valid as ever, even with bitcoin’s rise in popularity. Bitcoin Turns 16 Amidst a Surge in Adoption and Popularity 16 years ago, Satoshi Nakamoto, the … Read more
