Author: CryptoHoppers
With the anticipated launch of Cardano Node 9.0 in June, Cardano is poised for a significant shift. This update sets the scene for the much-anticipated Chang hard fork, which marks the beginning of the Voltaire Age, a transformative era focused on self-governance for Cardano’s blockchain. In a recent comment on X, the creator of Cardano, Charles Hoskinson, talked about this upcoming release and underlined that it would allow for the preparation for the following stages of evolution. Hoskinson further stated that the next month of June will be a crucial one for Cardano with the launch of version 9.0 of…
Hedge funds’ shorts on Bitcoin futures counter ETF inflows, maintaining the cryptocurrency’s market price equilibrium. The post Bitcoin flat despite high ETF inflows as hedge funds short BTC at record levels appeared first on Crypto Briefing. Source link
HSBC Bank (China) Ltd. announced on Friday the launch of digital yuan (e-CNY) services for corporate clients, becoming one of the first international banks to provide these services to both corporate and retail customers. The e-CNY, or digital yuan, is China’s central bank digital currency (CBDC) issued by the People’s Bank of China (PBOC). Following […] Source link
Bitcoin ($BTC) has breached the milestone of $70,000. When writing this article, it is way above $71,000, exchanging hands at $71,156.02. This reflects a growth of 0.29% in the last 24 hours and 4.72% in the last 7 days. Moreover, it is a surge of 11.97% in a single month. Many factors are painting this picture; however, the one that stands out is whale activity. Large investors have shown strong confidence in Bitcoin. They have accumulated almost 70,000 BTC tokens within 30 days, roughly translating into a billion-dollar margin. This only goes on to show that long-term holders are again…
Tornado Cash (TORN) price and defi total value locked (TVL) surged while the broader crypto market has been consolidating in bearish condition. TORN is up by 11.8% in the past 24 hours and is trading at $3.36 at the time of writing. The asset’s market cap surpassed the $17 million mark with a daily trading volume of $51,000. TORN is currently the 957th-largest cryptocurrency. TORN price – June 9 | Source: Santiment Moreover, the asset briefly touched an intraday high of $3.39 earlier today, at around 08:40 UTC. Despite the current price rally, TORN is still down by 99.23% from…
Share this article Evgeny Gaevoy, CEO of Wintermute, said if Ethereum fails in the future, it will not be because of technical shortcomings compared to competitors like Solana. Instead, the core issue is the contradiction in Ethereum’s leadership.“If ETH fails in the future it [won’t] be because ‘Solana is faster’, it will be because the [ETH] ‘elite’ is still stuck in a massive contradiction,” Gaevoy stated in a recent post on X.His remarks come as a response to the controversy that erupted following Vitalik Buterin’s critique of celebrity memecoins. According to Buterin, projects should aim to deliver societal value and…
Bitcoin Core’s Optech Newsletter #306 is recommending users to, “to upgrade to Bitcoin Core 25.0 or higher within the next two weeks, with the latest version being 27.0.” A new policy was discussed by several Bitcoin Core project members concerning disclosures of vulnerabilities. Low-severity vulnerabilities will be disclosed about two weeks after a new version […] Source link
Friday delivered a double whammy to the Bitcoin market, exposing the cryptocurrency’s sensitivity to the ever-shifting sands of global economics. The price of the digital asset tumbled below $70,000 after a perplexing US jobs report collided with a surprise interest rate cut by the European Central Bank (ECB). The leading crypto asset was caught in the crosshairs of conflicting economic signals and central bank maneuvers. The decline exposed the cryptocurrency’s vulnerability to the ever-changing tides of global finance. Jobs Enigma Jolts Market A seemingly positive US jobs report, boasting robust job growth, initially buoyed sentiment. However, the joy was short-lived…
This Blockchain Monthly Report for May 2024 provides a comprehensive analysis of the top layer 1 and layer 2 blockchains and offers you a clear understanding of the entire blockchain market. We perform a general analysis and an in-depth analysis, in which we analyse the selected blockchains’ economic activity, user interest, development, scalability, latency, cost, and market performance. We ensure accurate data and insightful analysis using trusted sources and advanced methodologies. 1. Blockchain General Analysis In the blockchain general analysis section, we evaluate blockchains using Total Value Locked (TVL) and Dominance indexes to identify the top five blockchains this month. To make…
As blockchain technology evolves, the need for seamless interoperability and efficient data access has become more crucial than ever. Enter Synternet, a groundbreaking blockchain that is set to revolutionize the way we interact with and utilize data across multiple chains. Just as the Internet connected isolated computers in the late 20th century, Synternet aims to bridge the gap between disparate blockchains, creating a unified and synchronized ecosystem that tears down the barriers of walled gardens. At the heart of Synternet lies the Data Layer, a protocol that serves as a customizable execution layer between all major blockchains. This innovative architecture…