News
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Ethereum gas fees see six-month low, indicating potential altcoin surge
- April 29, 2024
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No CommentsThe recent decrease in gas fees on the Ethereum network, combined with Ethereum’s minor price surge over the weekend, has sparked significant interest and speculation within the cryptocurrency community. As gas fees plummeted to their lowest levels in six months, dropping to an average of $1.12 per transaction, analysts and investors are closely monitoring these
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Solo Bitcoin miner secures 3.125 BTC reward for successfully validating block
- April 29, 2024
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The recent success of a solo Bitcoin miner in validating block 841,286 has sparked widespread interest and discussion within the cryptocurrency community. This significant achievement highlights the ongoing evolution and competitiveness of Bitcoin mining, as well as the potential rewards for those who can navigate its challenges effectively. Bitcoin mining, the process by which new
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Google Cloud’s launch of Web3 portal sparks debate in cryptospace
- April 29, 2024
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Google Cloud’s venture into the Web3 space marks a significant move for the tech giant, signaling its recognition of the growing importance of blockchain technology and decentralized applications (DApps). The launch of the Web3 portal represents Google’s effort to provide developers with the necessary resources and tools to navigate and innovate within this rapidly evolving
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Franklin Templeton launches Ethereum ETF on DTCC platform
- April 27, 2024
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Franklin Templeton’s decision to list its spot Ether ETF, the Franklin Ethereum TR Ethereum ETF (EZET), on the Depository Trust and Clearing Corporation (DTCC) platform marks a significant milestone in the evolution of cryptocurrency-based investment products. As one of the leading asset management firms globally, Franklin Templeton’s foray into the Ethereum ETF space underscores the
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DTCC rules out collateral values for Bitcoin-linked ETFs
- April 27, 2024
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The Depository Trust and Clearing Corporation (DTCC) has issued a significant announcement regarding exchange-traded funds (ETFs) linked to Bitcoin or cryptocurrencies, stating that it will not assign any collateral value to these assets. This decision, revealed in a Friday announcement, will also prohibit the extension of loans against such ETFs, with the new policy set
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Manchester partners with Quidd to revolutionize fan engagement
- April 25, 2024
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Manchester City forged an innovative relationship with Quidd, a leading digital collectible platform, in a game-changing move that marks a paradigm shift in the world of sports collectibles. This strategic collaboration heralds a new era of fan engagement, offering enthusiasts an immersive journey into the world of non-fungible tokens (NFTs) and digital memorabilia. At the heart
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Runes make up to 68% of total Bitcoin transactions after the halving event
- April 25, 2024
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The rise of Runes within Bitcoin transactions following the halving event has been nothing short of remarkable, marking a significant shift in the landscape of cryptocurrency transactions. Accounting for a staggering 68% of all transactions, Runes has emerged as a dominant force in the realm of digital currency transactions, surpassing even established protocols like BRC-20s
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Hong Kong sets to launch its first Bitcoin and Ethereum ETFs
- April 24, 2024
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Hong Kong, a bustling financial center known for its dynamic market landscape, is on the brink of a monumental shift in the realm of cryptocurrency investment. With the impending launch of spot Bitcoin and Ethereum exchange-traded funds (ETFs) on April 30, the city is poised to assert its prominence as a hub for digital assets.
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Jack Dorsey’s Block expands into Bitcoin mining
- April 24, 2024
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In a strategic move reflecting its commitment to revolutionizing the Bitcoin mining landscape, Block, spearheaded by CEO Jack Dorsey, has embarked on a multifaceted endeavor. Transitioning beyond the realm of chip design, the company has unveiled plans for a comprehensive Bitcoin mining system, marking a significant milestone in its mission to reshape the industry. The
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Digital Contributions from U.S. Charities Exceed $2 Billion in 2024 as Crypto Philanthropy Gains Momentum
- April 23, 2024
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In a digital age marked by the proliferation of cryptocurrencies, the philanthropic landscape is undergoing a transformative shift. Leading charitable organizations in the United States are increasingly leveraging the power of digital assets to amplify their impact and engage with a new generation of donors. This seismic shift is exemplified by the recent surge in