Traditional financial institutions are no longer viewing blockchain as an experimental technology and are beginning to integrate Ethereum-based solutions into real business processes. This was stated by Etherealize founder Vivek Raman in an interview with CoinDesk. According to him, major banks and asset managers are gradually shifting from pilot projects to practical use of public […]
Following the latest adjustment, the mining difficulty of the leading cryptocurrency decreased by 10.09% to 124.93 T. Source: CloverPool. This marks the largest decline since early February, when a winter storm in the US led to an 11.16% drop. However, the difficulty quickly rebounded with a 14.73% increase. At the beginning of the year, Bitcoin’s […]
In the past 24 hours, Bitcoin topped the trading volume charts on both Binance and Coinbase, with 1.07 billion USDT and $586.09 million, respectively, and appeared significantly stronger than Ethereum. The ETH/BTC pair fell by 1.74%. However, the trading structure did not support a bullish interpretation: the movement remained narrow, the volume did not confirm […]
Bitcoin has already hit the bottom of the current cycle at $59,000, according to Standard Chartered analyst Geoffrey Kendrick, reports CoinDesk. Kendrick attributes the recent correction to a mix of macroeconomic uncertainty, reduced risk appetite, and capital outflows from cryptocurrency investment products. However, he believes most negative factors have already been priced in by the […]
This week, “Deconstruction” focuses on SpaceX’s historic IPO, new EU sanctions, a tax bill in Russia, strict checks in the prediction market, Anthropic’s closed AI model, a critical Zcash wallet update, and Strategy’s Bitcoin sale. EU Sanctions and Russia’s Crypto Tax Bill The European Commission introduced its 21st sanctions package, which for the first time […]
Experts from Galaxy Research have concluded that the current market cycle for the leading cryptocurrency has not yet hit its bottom. According to their report, the asset’s price could fall to a range of $40,000-$46,000. Source: Galaxy. Analysts noted that the four-year price movement rhythm, tied to halvings, persists. However, the amplitude of fluctuations is […]
Google has opted out of the US federal program supporting quantum technologies. The company stated that the funding conditions could slow down the path to creating a useful quantum computer, according to Semafor. In May, the US Department of Commerce preliminarily agreed to allocate $2.013 billion to nine companies under the CHIPS and Science Act. […]
BlackRock has submitted a Form 8-A filing with the U.S. Securities and Exchange Commission to register the iShares Bitcoin Premium Income (BITA) ETF, based on the leading cryptocurrency. The product offers access to the spot bitcoin market with an income-generating mechanism. The fund plans to sell call options primarily on its own IBIT shares, and […]
South Korean tech giant LG Electronics has developed its own Layer 2 network based on Arbitrum. This solution will serve as the foundation for a digital advertising platform. LG Electronics is building with Arbitrum. LG’s blockchain team, part of the company’s R&D division, is piloting an onchain advertising network on Arbitrum. The full story, including […]
Singapore’s Enterprise Singapore, under the Ministry of Trade and Industry, has unveiled the Standards and Conformance 2035 roadmap, highlighting AI as a key focus for standardization and compliance assessment. The agency has also formalized five memorandums with international and regional partners, covering areas from AI and quantum technologies to carbon projects and credits. The document […]