Over the past 90 days, while bitcoin has shown steady performance, 19 other cryptocurrencies have outpaced the leading digital asset in terms of price growth. However, the Altcoin Season Index, which measures the performance of these cryptocurrencies against bitcoin, has dropped from 59 to 39 since early April, signaling that an altcoin season is unlikely […]
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Deutsche Bundesbank President on Digital Euro: ‘The Eurosystem Has No Interest in Monitoring People’s Payment Patterns’
Joachim Nagel, President of the Deutsche Bundesbank, praised the privacy traits a hypothetical upcoming digital euro would possess. During a speech, Nagel specified that the Eurosystem would have “no interest” in monitoring the payments and expenses of digital euro users and would not be able to identify them based on their payments. Deutsche Bundesbank President […]
Read MoreUnlocking New Possibilities: Solama Teams up With BingX and AssetDash
PRESS RELEASE. Solama, one of the most captivating Solana meme coin 2024 craze, is partnering up with two essential platforms for a crypto project, such as BingX and AssetDash, as BingX mentioned on their X (Twitter) account. As a result of this team-up, all $SOLAMA enthusiasts could benefit from extensive accessibility, catering to all investors […]
Read MoreEminem Promotes Crypto.com’s Latest NBA Playoff Ad to His 22 Million Followers
On Friday, the cryptocurrency trading platform crypto.com unveiled a new advertisement set to debut at the forthcoming Lakers NBA playoff game in Los Angeles. Additionally, the ad was highlighted on the social media site X by the hip-hop icon Marshall Mathers, also known as Eminem. Marshall Mathers Amplifies Crypto.com Ad Ahead of NBA Playoff Showcase […]
Read MoreBitcoin Miners’ Average Revenue Per Block Dips 25% in 3 Days, Falling to 3.83 BTC
In the last 24 hours, bitcoin miners have faced significantly reduced earnings, with the current hashprice lingering at a significant low. Just five days ago, miners were harvesting an average of 5.105 BTC per block, between a blend of new BTC and transaction fees, following a peak in the hashprice. However, the average yield per […]
Read MoreThe Non-Custodial Conflict: US Government Actions Stir Crypto Community Concerns
Over the past two days, there has been a notable uptick in concern within the crypto community regarding the U.S. government’s actions toward non-custodial wallets, which facilitate the sovereign storage of crypto assets. Recent events have fueled a widespread belief that a targeted campaign against non-custodial wallets is now underway. Debate Over Crypto Wallet Regulation […]
Read MoreBitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals
As of April 26, 2024, bitcoin continues to exhibit fluctuating fortunes, with the latest trading session closing at $64,095. Amid a wider range between $62,923 and $65,069 over the last 24 hours, traders are grappling with mixed signals across various technical charts and indicators. Bitcoin Bitcoin’s oscillators are predominantly neutral with the relative strength (RSI) […]
Read MoreExisting Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak
As the prospect of quantum computers breaking today’s cybersecurity standards edges ever closer, Johann Polecsak, co-founder of the QAN blockchain platform, argues that public blockchains such as Bitcoin, Ethereum, and Solana are still ill-equipped to adopt post-quantum cryptography without significant user impact. Post-Quantum Migration Risks Polecsak, an advocate for heightened awareness of imminent quantum attacks, […]
Read MoreKenya Establishes Working Group to Draft Rules Governing Crypto Entities
The Kenyan government recently established a multi-agency technical working group tasked with developing a framework for regulating and monitoring the cryptocurrency industry. The group, which includes financial regulators such as the Central Bank of Kenya, is set to draft rules for controlling and monitoring Virtual Asset Service Providers (VASPs). FATF Grey Listing Threat The Kenyan […]
Read MoreStripe Re-Enters Crypto Payments With USDC on Ethereum, Polygon, and Solana
Stripe, the fintech giant, has decided to re-enter the cryptocurrency payment space after a six-year hiatus, starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains. This move, introduced by co-founder John Collison at the Connect developer conference, is aimed at improving customer flexibility by offering a more stable and better user experience with […]
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