The disappointing inflation data report spooked investors, with hopes for interest rate cuts this year dimming further, hitting risk assets across all markets. Major U.S. stock indexes such as the S&P 500 and the tech-heavy Nasdaq began the trading session down nearly 2%,
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023,
Profit taking ahead of the halving, due later this week, and macroeconomic tremors weighed on the market since late Friday, with bitcoin dropping from last week’s highs around $70,500 to as low as $62,800. That caused a market-wide decline as majors dropped as
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023,
Solana was built as an alternative to, at the time, a very expensive Ethereum network, which got many excited about the project. However, two and a half years of upgrades to Ethereum, culminating in the recent Dencun software update, have narrowed the gap
The strongest sector growth this year has emerged from non-serious tokens, and the rally shows no signs of stopping. Source link
Dencun, considered the biggest milestone for the ecosystem in almost a year, introduced a new way of storing data on the notoriously congested blockchain. The change was forecast to cut transaction costs on L2 networks to a few cents, and expected to spur
"We have been bullish on bitcoin since the end of January, but the risk-reward analysis favors a period of consolidation," Matrixport analysts said. "This bull market still has legs, but the divergence between a declining RSI and still high Bitcoin prices could signal
Prior to L2 inception, app founders could simply deploy on the Ethereum mainnet without needing to question the user base since users lived universally in one, singular blockchain world. Now, however, modular blockchains have introduced over time a world of unlimited architecture possibilities
Domo, the pseudonymous creator of the Bitcoin network's BRC-20 token standard, announced on Monday that his non-profit organization, Layer 1 Foundation (L1F), would partner with Bitcoin infrastructure companies UniSat and Best in Slot to serve as BRC-20's "lead maintainers." Source link
