Fortune smiled upon a lucky winner this Lunar New Year as the Cryptox.trade Verse Team announced a major jackpot hit on their decentralized app, the Lunar New Year Scratcher. With every ticket offering an equal shot at the jackpot, participants are encouraged to continue playing until Mar. 1 for their chance at fortune and glory […] Source CryptoX Portal
Foobar, a code builder, criticizes Ethereum, accusing its developers of neglecting crucial improvements. Because of this shift, projects, including meme coin issuers, are adopting alternative protocols, including layer-2s and modern blockchains like Solana, which boast more features, mostly higher scalability. Ethereum Developers Are Blocking Mainnet Updates Taking to X, the developer claims that there have been no major mainnet improvements chiefly because such upgrades are being blocked by core and client developers. Specifically, Foobar cites the long-standing delays for features like Trie State Storage Optimizations (TSTORE) and Externally Owned Account (EOA)…
Waller, who was appointed to the board in 2020 by then-President Donald Trump, did acknowledge that a future in which people shifted from using dollars to using digital currencies could still be a monetary-policy danger. But he argued Thursday that the repeated rhetoric about the decline of the dollar as the global reserve currency is hollow. Source
Amidst a significant surge in cryptocurrency prices, which propelled the total crypto market capitalization to a high of $1.93 trillion on Thursday, influential interest groups are urging the US Securities and Exchange Commission (SEC) to revise accounting guidance that imposes higher costs on US banks for holding digital assets on behalf of their customers. Banking Trade Groups Urge SEC To Revise Crypto Accounting Rules According to a Bloomberg report, a coalition of trade groups, including the Bank Policy Institute, the American Bankers Association, the Securities Industry and Financial Markets Association,…
The so-called “Coinbase Premium Index” – which measures the price difference for bitcoin on Coinbase compared to Binance, the leading exchange by trading volume – rose to 0.12 Thursday, its highest reading since May 2023, according to data from analytics firm CryptoQuant. “High premium values could indicate US investors’ strong buying pressure in Coinbase,” CryptoQuant said. Source
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin Cash and Ethereum holders take out early positions in DeeStream (DST) amid massive demand for its stage 1 presale. Bitcoin Cash (BCH) rode the coattails of its older brother, Bitcoin (BTC), as the latter crossed past $51,000 in the trading hours of Feb. 14. So did the world’s second-largest cryptocurrency by market capitalization, Ethereum (ETH). Both big-cap coins managed to turn in double-digit gains, and they remain good…
Bitcoin’s mining difficulty has hit an unprecedented peak, marking the most significant jump of 2024. On Thursday, at the milestone of block 830,592, the network experienced its fourth adjustment this year with a sharp 8.24% uptick. Bitcoin Mining Difficulty Skyrockets, Setting New Records in 2024 Mining bitcoin (BTC) has become considerably more challenging, following an […] Original
“It’s a pretty bad scene right now in the gold ETFs category,” said Bloomberg Intelligence senior ETF analyst Eric Balchunas in a post on X. “To be sure, I don’t think these people are migrating to bitcoin ETFs,” he wrote, although he said it could partly be a reason for the ugly numbers. Original
According to the crypto payments company Wyre, based in San Francisco, which ceased operations in June 2023, the multi-currency self-custodial wallet platform Rockwallet has taken over Wyre’s entire customer base. On Thursday, Rockwallet announced it has been reaching out to customers to ensure a smooth transition in their digital asset endeavors, eliminating the need for […] Source CryptoX Portal
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BTC surpasses $51K, fueling altcoin gains with BCH & SOL rising; DeeStream’s presale hints at major 2024 growth. Bitcoin (BTC) broke past $51,000 during the trading day of Feb. 14, triggering an increase in altcoins. Bitcoin Cash (BCH) and Solana (SOL) were among the double-digit gainers in the past week, trending among the big-cap altcoins that recorded a surge. However, the elusive triple-digit gains will be found among undervalued,…