Crypto news

Over the years, analysts and developers have touted Ethereum as a deflationary network, presenting the blockchain as ultrasound, aligning with Bitcoin’s sound money principle. However, that seems to have changed with the network’s latest upgrade. CryptoQuant analysts revealed in the firm’s latest weekly report that Ethereum ceased to be a deflationary network after the Dencun upgrade, implemented in March, which reduced the blockchain’s transaction fees by a substantial...

CoinspeakerFranklin Templeton: Ethereum L2 Base Commands 46% of SociaFi Transactions Besides the rising activity on SociaFi, Franklin Templeton also attributed the rise in activity on Base to meme coins and an increase in the supply of Circle’s USDC stablecoin on the network. Franklin Templeton: Ethereum L2 Base Commands 46% of SociaFi Transactions

CoinspeakerCrypto Nonprofit’s PAC Seeks to Rally 440,000 Members for Pro-Crypto Politicians’ Support Nick Carr, chief strategist at Stand With Crypto, says their goal is to support politicians who support the crypto community's rights. Crypto Nonprofit’s PAC Seeks to Rally 440,000 Members for Pro-Crypto Politicians’ Support

Bitcoin’s price saw a lot of volatility last week, especially before and after the US Fed’s most recent FOMC meeting, but managed to recover some ground during the current one. Let’s unpack. The primary cryptocurrency had dropped to a multi-month low of $56,500 last Wednesday, went on a volatile rollercoaster as the US central bank said it would not raise the interest rates, and began its recovery on Friday. At the time, BTC soared from under $59,000 to $62,000 in minutes and...

CoinspeakerBinance and KuCoin Obtain Registration with India’s Top Financial Regulator While KuCoin has already paid a fine of $41K and resumed operations in India, Binance is yet to complete compliance proceedings. Binance and KuCoin Obtain Registration with India’s Top Financial Regulator

CoinspeakerUAE’s Stable Politics Foster Crypto-Friendly Environment over US, Says Komodo CTO The Komodo exec said the UAE is doing a lot more than the US is, to facilitate crypto adoption by supporting businesses. UAE’s Stable Politics Foster Crypto-Friendly Environment over US, Says Komodo CTO

[PRESS RELEASE – London, UK, May 10th, 2024] Kintsu, a leading innovator in the DeFi space, is thrilled to announce the launch of its highly anticipated Testnet on May 13th. This exclusive event invites a select group, including the Kintsu OGs, to pioneer a new era in liquid staking on the cutting-edge Aleph Zero blockchain. Aleph Zero is a permissionless Layer-1 blockchain that combines a Proof of Stake (PoS) consensus mechanism with a Directed Acyclic Graph (DAG) for...

CoinspeakerETH Speculators Keep Ethereum Price to $3,000 Preventing Any Rally Long-term holders seem reluctant to engage in mass selling at present ETH prices, even though many have already attained considerable profit margins. ETH Speculators Keep Ethereum Price to $3,000 Preventing Any Rally

CoinspeakerBitcoin’s Kimchi Premium Dips by 1.54% amid Market Fluctuation This current drop in the Bitcoin Kimchi Premium comes as trading volumes on South Korea’s top five crypto exchanges plummet.  Bitcoin’s Kimchi Premium Dips by 1.54% amid Market Fluctuation

CoinspeakerRender (RNDR) Surges 12% after Apple Highlights Octane Software Many crypto traders believe that the iPhone maker's brief acknowledgment of the software has propelled the recent surge in RNDR.  Render (RNDR) Surges 12% after Apple Highlights Octane Software