TL;DR XRP’s price performance has been lagging behind the leading cryptocurrencies such as BTC, ETH, and SOL in the last 30 days. Nonetheless, analysts remain optimistic that a rally is on the horizon based on the asset’s historical performance and some essential factors. Is It Time for an XRP Bull Run? Many of the leading…
Coinbase is launching a political campaign to support pro-crypto presidential candidates and remove anti-crypto politicians from office, according to a blog post by the firm’s CEO Brian Armstrong. Brian Armstrong urged cryptocurrency enthusiasts to vote against anti-crypto politicians ahead of the November election. “While we are willing to talk to everyone, even our harshest critics,…
In a move to improve traditional cross-border payments, the Bank for International Settlements (BIS) has announced the launch of Project Rialto. This project aims to enhance instant cross-border payments by integrating a modular foreign exchange (FX) component with settlement in wholesale central bank digital currencies (CBDCs). The initiative, a collaboration between the BIS Innovation Hub…
Amid a backdrop of instability where Notcoin prices are tumbling, and Ethena tokens are showing heightened fluctuations, the crypto market is on the mend. In this volatile environment, investors are increasingly drawn to BlockDAG, a standout layer 1 project. Already, BlockDAG’s presale has successfully garnered over $40.8 million, firmly establishing it as a frontrunner in…
While bitcoin’s price stagnated below a key resistance level, the blockchain achieved a notable milestone before the end of the month. On May 28th, transactions on the Bitcoin network surpassed $25 billion in estimated value, representing the highest level in US dollar terms over the past year. Despite facing hurdles in breaching the crucial resistance,…
The official resource for ERC-6900, www.erc6900.io, has been launched, co-authored by the Ethereum Foundation, Alchemy, Circle, and Quantstamp. The website is a comprehensive guide to ERC-6900, a groundbreaking proposal that standardizes interfaces for composable smart accounts. The core idea behind ERC-6900 is to foster permissionless innovation by making it easier for developers to build secure,…
BlockDAG is currently the center of attention, thanks to its viral moon-themed Keynote 2 video. The platform is making significant strides, having raised $40.8 million in its presale due to the continuous addition of advanced features. Now selling at $0.0095, it is expected to rise to $10 by 2025, making it one of the best…
The developer of the Zksync Ethereum Layer 2 network, Matter Labs, abandoned its bid to trademark the term ‘ZK’ just days after asserting its right to do so. Matter Labs’ trademark bid withdrawal follows a furious community backlash that ultimately saw co-inventors of zero-knowledge proofs publicly chastise the developer. Community Backlash Ends Matter Labs’ ZK…
Bitfarms, a Bitcoin mining firm, reported a 42% drop in crypto mining revenue in May, the first full month following the Bitcoin halving in mid-April, which reduced their Bitcoin production from 263 BTC in April to 156 BTC in May. The company attributed part of the decline in production to “unusually cold temperatures” at its…
In Salt Lake City, Krista Renae Stone, 23, pleaded guilty to using the dark web to arrange a murder-for-hire in 2023. According to court documents, Stone utilized bitcoin to pay $5,000 for the hit. Between March and September 2023, she accessed a website offering “hitman for hire” services, providing detailed information about the intended victim,…