Ethereum (ETH) creator Vitalik Buterin has endorsed a major overhaul to address the limitations of the current gas fee system, Cryptopolitan reported on Monday (Nov. 9). According to the report, Ethereum currently uses a unified system where various computational efforts such as transactions,...
“Bitcoin's -20.3% correction from its all-time high near $73,000 marks the largest correction since the November 2022 FTX low,” on-chain analytics firm Glassnode reported via Official X. “However, the current macro uptrend is historically resilient. However, the current macro uptrend remains the...
Crypto data provider Alternative's self-estimated “Fear-Greed Index” rose 11 points from the previous day to 66. The greed phase continued with improved sentiment. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings closer to 100...
E-Mart 24, a convenience store, has partnered with Bithumb, South Korea's leading cryptocurrency exchange, to sell “Bitcoin Lunch Boxes” starting on the 8th (local time). The price is KRW 5900 ($4.2) in Korean won. The Bitcoin LunchBox comes with a coupon that can be used to receive up to KRW...
According to BeInCrypto, the volume of OpenSea trading on the NFT market is the lowest in three years. It is around 600 ETH per day. The April sales volume represented $97 million, down 99.1% from the May 2022 peak. BLUR, on the other hand, recorded a 78.7% share of NFT trading last week. OpenSea...
K33 Research Senior Analyst Vetle Lunde said that the potential $10.5 billion worth of crypto selling pressure from Mt. Gox and Gemini is weighing on the market. The amount of BTC that Mt. Gox and Gemini owe back to their users is 141,000 BTC and 27,600 BTC, respectively. Combined, that's roughly...
Grayscale CEO Michael Sonnenshein said at a London event organized by the Financial Times (FT) that the company plans to focus its energy on Ethereum spot products, according to DL News. “We're going to focus on converting the Ethereum Trust into a spot ETF. This is our DNA and core,” he said....
Cointelegraph, a leading cryptocurrency media outlet, has outlined three key industry trends to watch for before the crypto bull market resumes Combining artificial intelligence (AI) and blockchain technology. A number of projects are currently trying to innovate at the intersection of blockchain...
According to The Block, the U.S. Securities and Exchange Commission (SEC) has responded to Ripple's claim that the fine shouldn't exceed $10 million by saying, “That's a slap on the wrist. They should be paying close to $2 billion in penalties,” he countered. “For selling XRP to institutions,...
As cryptocurrency investors wait for a repeat of March's bull run, a positive report suggests that bitcoin's recovery may be faster than expected, Bitcoin Sistemi reported on Sunday (local time). In Bitfinex's weekly report, analysts noted that short-term selling pressure in markets including...
Amid the debate over whether humans can entrust artificial intelligence (AI) to fight wars, OpenAI CEO Sam Oltman, who has a strong influence in the AI industry, acknowledged that it is not an easy question. During a conversation on “Geopolitical Transformation in the Age of AI” at the Brookings...
Bitcoin's (BTC) 200-day moving average is at an all-time high of $51,178. This is a key technical indicator for predicting long-term Bitcoin price trends, suggesting a bullish long-term outlook, according to blockchain news outlet Cointelegraph. The indicator peaked on April 6, according to...
