As we look ahead, in addition to ether, other high beta names in Layer 2 are also poised to benefit from the Dencun upgrade. Layer 2 networks like Arbitrum (ARB) and Optimism (OP), which bundle transactions before posting them back to the main
Part of the reason bitcoin ETFs are so valuable is because they provide investors an opportunity to test the crypto waters in a way that’s familiar (ETFs for gold, for instance, have been available since the early 2000s). It opens the door to
“Bitcoin itself is not even a developed market, let alone to build an ETF on top of it,” said Reginald Browne, managing director at KCG Holdings, at the time. “There has to be some investment merit to bring an ETF to the marketplace,
Investment firm Tiger Global has reportedly marked down several investments, including stakes in popular nonfungible token projects like the Bored Ape Yacht Club (BAYC) collection and NFT marketplace OpenSea. Citing anonymous sources, media outlet Bloomberg reported that the investment company marked down its stakes on BAYC
United States tech investment firm Coatue Management has marked down the value of its stake in non-fungible token (NFT) platform OpenSea by 90%. On Nov. 7, The Information reported on a document it reviewed showing Coatue reduced its investment from $120 million to $13
The founder of the former online black market Silk Road, Ross Ulbricht, marked 10 years behind bars after he was given a double life sentence by United States authorities in 2013. On Oct. 2 Ulbricht posted on X that he has already spent a
X users who subscribe to the “Blue” service now have the option to hide their check mark, according to a recently updated Twitter Help article. Owner Elon Musk had previously warned that he wasn’t afraid to keep “blowing things up” as he and newly
Bitcoin (BTC) hash rate, a network security measure based on computing power for mining, achieved a new all-time high (ATH) of 231.428 ExaHash per second (EH/s) amid an ongoing bear market that witnesses BTC price plunging below the critical $25,000 mark.Hash rate is
Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin (BTC) price plummeted to $35,571 on Binance.The widespread weakness comes as traders have had more time to digest the recent half-point interest rate
