In a recent article, Vitalik Buterin warns against the excessive use of Ethereum's consensus. While Ethereum is considered one of the most secure crypto protocols, its misuse can lead to systemic risks. Buterin explains why certain techniques, such as using Ethereum validators for other protocols, should be discouraged and combated.
As the United States faces the risk of defaulting on its debt, urgent actions are needed. One of them is to raise the debt ceiling. Some politicians, particularly Republicans, would like negotiations in this regard to take into account the interests of crypto firms. But for President Biden, that's a no-go!
In a recent interview, Jeremy Allaire, CEO of Circle, emphasizes the urgency of taking the threat of de-dollarization seriously. As more nations take steps to reduce their dependence on the US dollar, Allaire warns of the potential consequences of this growing trend.
According to Balaji Srinivasan, our governments can deprive us of our cryptocurrency assets if they want to. They can indeed use Apple, through our iPhones and iPads, and Google if necessary. Let's explain!
Soon, Game Boy owners will have the opportunity to turn their devices into hardware wallets to hold their crypto. The project, known as Game Wallet, has been made public by Joseph Schiarizzi, a developer at Keyp. This Web3 startup aims to use a physical cartridge to harness the power of Nintendo Game Boy and transform it into a secure cold storage wallet for cryptographic assets.
Several analysts had predicted that the conversational AI, ChatGPT, could have a positive impact on the crypto industry. The tool has been put to the test to predict the possibilities of price growth in cryptocurrencies. Here is its forecast.
On May 17, a now-deleted tweet revealed intriguing information about Ledger, sparking controversy. It suggested that Ledger could develop firmware to extract users' private keys without their knowledge. The following day, Charles Guillemet, the Chief Technology Officer of the cryptocurrency wallet provider, posted a thread to clarify how Ledger's firmware works, aiming to reassure users. Here's what it entails.
As a blockchain platform, Cardano (ADA) stands out from other crypto protocols. Since its launch, the project has embraced an innovative approach, particularly in the field of decentralized finance (DeFi). In recent months, significant progress has been made, with the Total Value Locked (TVL) in the Cardano ecosystem reaching a major milestone, approaching 400 million ADA.
Always at the center of speculation, Bitcoin continues to make headlines. Ever since it regained momentum, almost all analysts expect the asset to explode. Perhaps not to the same extent, as some believe Bitcoin is undervalued.
The United States government is struggling to find a solution to the debt ceiling. As a result, the markets are holding their breath and fearing default. In our previous article, we discussed the role of long cycles in monetary policy. In this context, French debt is also a cause for concern. The presented stability plan already appears optimistic. It is evident that difficulties in managing public debts would have dramatic consequences for the markets and the global economy. Let's take a closer look.
The Ripple vs. SEC trial has been a long-awaited event. Although Judge Torres has not yet delivered her final verdict, the recent decision she made indicates a potential victory for the company behind XRP in the near future.
Despite its recent decline in value, PEPE, the memecoin featuring a frog, continues to generate excitement among its supporters. Glauber Contessoto, also known as “Dogecoin Millionaire,” has recently expressed a controversial point of view on Pepecoin, discussing the perfect timing to invest in this memecoin.
Australian bank Westpac has banned its clients from depositing money into Binance. Another blow for CZ given the ongoing lawsuits by the CFTC in the United States.
Right now, the dollar is at the center of global economic debates. Some have already announced that the era of American currency hegemony is coming to an end. And in the currently bleak economic context of the country, some are considering how to adapt to this anticipated change. Bitcoin could contribute significantly to this.
Will the United States default on its debt? Sooner than we think. But to whom? China, Russia…
The SEC has previously announced several legal actions against tokens in the Tron ecosystem. Nevertheless, the blockchain has recorded remarkable performances during the first quarter of 2023. This is revealed in a new report by the economic intelligence company Messari. Here's what it's all about.
The SEC has urged the judge to dismiss Coinbase's petition for an explanation on the rules applied by the stock market regulator in the crypto industry. Immediately, Paul Grewal, Coinbase's Chief Legal Officer, expressed concerns about this response. According to him, the SEC will continue to oversee the crypto sector by enforcing regulations forcefully.
Even today, crypto adoption in El Salvador is not unanimous. In the United States, for example, American senators have just submitted a new bill. The goal: to monitor the crypto adoption (specifically Bitcoin) in El Salvador and assess its economic impact.
Bitcoin (BTC) is regularly the subject of speculation. It's normal: not only is the flagship cryptocurrency highly valued, but it has also been gaining momentum in recent weeks. Some believe that the asset is destined to reach a new milestone.
The social analytics platform LunarCrush has conducted a cryptocurrencies analysis in terms of social engagement, revealing that Pepecoin (PEPE) competes with well-established major cryptocurrencies. Let's take a look at the results of LunarCrush's analysis.
The volatility of cryptocurrencies leads us to accept that the bull run is far from being linear at all. Bitcoin, which started this year with impressive performance, allowing it to flirt with $31,000, has now dropped back to $27,000. Such conditions lead Rekt, a notorious crypto analyst, to predict a decline for the queen of cryptocurrencies.
The crypto analyst, known by the pseudonym Kaleo, has 586,700 Twitter followers. In a recent tweet, he claimed that Ethereum could rise to $2,400. However, he specifies that the price will first drop to $1,600 before bouncing back. If the prediction comes true, the price of Ethereum will reach the level it last reached in May 2022 before the collapse of the Terra (LUNA) ecosystem.
A popular crypto strategist has predicted a significant drop in altcoins, while also updating their outlook on Pepecoin (PEPE) and Avalanche (AVAX), a rival of the Ethereum (ETH) network. The analyst, known by the pseudonym Sherpa, informed their 195 Twitter followers that altcoins could plummet by up to 50%.
European authorities are actively working on establishing a framework suitable for regulating cryptocurrencies. Currently, they are particularly concerned about how to prevent tax evasion related to the crypto sector. Additionally, the UK's tax administration (His Majesty's Revenue and Customs, HMRC) has recently released a consultation document on the subject. In parallel, France aims to strengthen its measures to combat tax evasion.
It's no longer a secret that Bitcoin has outperformed expectations in recent months. The numbers clearly show a surge in its value. Meanwhile, despite gloomy economic and financial circumstances, Bitcoin has not experienced a significant drop. According to some experts, there might be a reason for this.
Snek (SNEK) is a memecoin that was recently launched on the Cardano blockchain. Typically, Charles Hoskinson posts about the latest developments in the Cardano ecosystem. However, lately, the founder of Cardano tweeted about the new memecoin. The community didn't miss the sudden interest of the founder in SNEK, especially at a time when memecoins are all the rage.
On May 12th, PitchBook, a capital market analysis company, published a concerning report regarding venture capital investments in the crypto sector. The document suggests that venture capital firms are less inclined to invest in the emerging industry. It turns out that the number of venture capital deals with crypto companies has decreased globally. Let's delve into the findings of PitchBook's report.
An anonymous analyst predicts an increase in the value of the SUI token, suggesting buying at around one dollar. They also recommend investing in Pepe, despite its controversial reputation, and believe that Chainlink could be a good buying opportunity once it emerges from its long accumulation period. Keep a close eye on them!
Starting May 12th, collectors and fans will have one week to sign up on a whitelist accessible on Immortal Game. The sale will then start on May 19th for whitelisted users.
So far, it has been a year of strong performance for the leading cryptocurrency, with prices generally on the rise. And for many analysts and Bitcoin enthusiasts, this trend is expected to continue. However, others are a bit more cautious due to the economic context and its impact on the crypto market.