Ethereum Ethereum +5.53% Team leader Péter Szilágyi expressed concerns about the direction of the Ethereum blockchain network. Szilágyi’s views include the Ethereum PeerDAS proposal, which would increase the size of an Ethereum blob to 32MB, among other changes. Szilágyi argues that the PeerDAS upgrade would discourage home stakers with generally simpler computing setups from participating in the Ethereum network, which goes against the decentralized spirit of blockchain.“Ethereum Research is killing home stakers in front of everyone,” Sillaji wrote on social media platform X. “This is not what I signed up for when I joined Ethereum.”He added, “At this point I…
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July 26th If Trump is elected, will he introduce a Bitcoin strategic reserve? Posted at 10:00 In education By administrator If the United States adopts Bitcoin as a strategic reserve asset, it could have a profound impact on global cryptocurrency regulation, policy, and perception. It would lead other countries to recognize the economic and geopolitical benefits of embracing digital assets and create more supportive regulatory frameworks. Such a move would legitimize Bitcoin on an international scale, encouraging other countries to incorporate it into their reserves and potentially leading to competitive accumulation of Bitcoin across countries. It could also spark an…
A widely known cryptocurrency analyst believes that one of Ethereum’s (ETH) competitors is making a sharp move. Cryptocurrency trader Ali Martinez told his 68,300 followers on social media platform X in a new strategy session that Solana (SOL) could deliver returns of over 400% based on historical precedent. “Solana is very similar to July 2021. $1,000 SOL is coming soon!” Source: Ali Martinez/X Looking at the analyst chart, he suggests that Solana is likely to break out of the descending triangle for a bullish reversal similar to the one in July 2021, when SOL surged from around $34 to an…
Darius Baru 26 July 2024 12:07 Binance has concluded the 7YA Product Guide Learning Week, processing quiz feedback and distributing token voucher rewards to participants. Binance concludes 7YA Product Guide Research WeekBinance has successfully completed the 7YA Product Guide Study Week, an initiative aimed at educating users on its various product offerings. According to Binance.com, the week-long event included a series of quizzes and interactive sessions designed to enhance user knowledge.Feedback and AdjustmentsDuring the event, participants provided feedback on the clarity of the final quiz question hosted by Binance Survey. Binance acknowledged this issue…
Jersey City Mayor Steven Fulop is the latest politician to make cryptocurrency history yesterday. City government to invest in BitcoinAccording to social media posts, the mayor, who is currently running for governor, said the city’s pension plan will invest an undisclosed amount in a Bitcoin exchange-traded fund (ETF). In an interview with The Block, Mayor Fulop, a former trader at Citibank and Sanford Bernstein, said the investment is being made as a hedge against inflation. “It’s been very, very difficult over the last couple of years, and it seems to be getting worse, not better,” Mayor Pullop told The Block,…
XRP remained in the $0.60 range. RSI has been in a very bullish trend for the past few days. Ripple (XRP) has seen a recent surge in price, which has also had a positive impact on other aspects of market dynamics. Although the number of XRP holders has not increased significantly yet, existing holders are experiencing a noticeable increase in the value of their investment. Ripple stands still According to AMBCrypto’s daily time frame chart analysis, XRP has been resilient in the $0.60 range since its surge around July 17. Also, the XRP price has been fluctuating between rising and…
Felix Pinkston July 26, 2024 12:31 The Securities and Futures Commission (SFC) and the Insurance Authority (IA) have joined forces to tackle irregularities across the sector and strengthen regulatory oversight. According to apps.sfc.hk, the Securities and Futures Commission (SFC) and the Insurance Authority (IA) have announced a collaborative effort to address cross-sector irregularities. The initiative aims to strengthen regulatory oversight in both the securities and insurance sectors to ensure a more robust financial ecosystem. Joint regulatory efforts The collaboration between the SFC and the IA represents an important step in addressing irregularities across sectors.…
Bitcoin hit a three-day high on Wall Street on July 26, as anticipation for the Bitcoin 2024 conference grew.BTC/USD 1-hour chart. Source: TradingViewBitcoin, PCE data mixedAccording to data from Cointelegraph Markets Pro and TradingView, the Bitcoin (BTC) price has risen to $67,963 on Bitstamp.BTC price action remained bullish throughout the Asian trading session despite mixed inflation data in the United States.This came in the form of the personal consumption expenditures (PCE) index, which showed spending beating expectations and was accompanied by strong unemployment data from the previous day.Source: SkewDespite this, Bitcoin has been on the rise along with U.S. stocks,…
BitfFlyer Holdings plans to acquire FTX Japan and launch a cryptocurrency-based exchange-traded fund (ETF).BitFlyer has completed the acquisition of 100% of the outstanding shares of FTX Japan, becoming a wholly owned subsidiary of FTX Japan.Yuzo Kano, CEO of bitFlyer Holdings, said in a July 26 post on X that the new business plans to provide cryptocurrency custody solutions for institutional investors.“We need a company with security technology that can safely store the physical BTC that will be used as the backing asset for the ETF. We aim to become a public service that serves as industrial infrastructure through the custody…
Vice President Kamala Harris’ presidential campaign has reached out to her to ask questions about the cryptocurrency industry, according to a source who spoke with members of the campaign.The source said Harris’ team wanted to know more about cryptocurrencies, calling the discussion itself a “relatively high-level introductory conversation.” They said her team asked why cryptocurrencies were getting so much attention and wanted more information about past conversations the crypto industry had had with President Joe Biden. Advisor.“I think they know this is important,” the source said. “They want to take a stance on it… They’re going to take their time.”Harris’s…