Cardano, a blockchain platform that has been gaining momentum in the cryptocurrency market, is on the brink of a significant milestone with the upcoming Chang hard fork. This pivotal moment comes after the recent upgrade of its node validation software, leading up to the live launch of the update. As the Cardano ecosystem braces itself
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The Democratic National Committee (DNC) has recently received a letter from a group of Democrat politicians urging the party to shift its stance on cryptocurrency and blockchain technology. The letter emphasizes the importance of embracing digital assets for American innovation, economic growth, and financial inclusion. Current Stance on Crypto Despite some Democrats such as Nancy
President Donald Trump recently made bold claims about his plans for Bitcoin and the cryptocurrency industry if he were to be re-elected. He emphasized the importance of the US becoming a “Bitcoin superpower” and maintaining its lead over competitors like China. Trump expressed his commitment to holding onto the roughly 200,000 Bitcoins that the US
Marathon Digital, a prominent Bitcoin mining company, has recently made a bold move by investing a significant $100 million in BTC. This decision showcases the company’s unwavering confidence in the long-term potential of the leading cryptocurrency, despite previous price fluctuations in the market. The substantial investment has bolstered MARA’s already impressive Bitcoin holdings, bringing its
The spot Ethereum ETFs have been officially launched after receiving approval from the SEC a few months ago. However, the immediate results have been quite underwhelming, leading to comparisons with the launch of spot Bitcoin ETFs earlier this year. While the nine spot Ethereum ETFs saw a solid first day with over $106 million in
Semilore Faleti, a seasoned cryptocurrency writer, initially dabbled in various subjects before discovering his passion for delving into the complexities of blockchains and digital assets. His journey began with crafting educational articles aimed at enlightening both new and seasoned crypto users. By breaking down intricate concepts in the crypto space, Semilore’s writing played a crucial
The year 2024 has proven to be quite eventful for the cryptocurrency industry, especially in terms of Ethereum and its Exchange-Traded Funds (ETFs). While Bitcoin remains a dominant force, Ethereum also received significant validation earlier in the year with the approval of several ETFs tracking its performance by the US Securities and Exchange Commission. The
In a recent speech at the BTC Conference, Jan van Eck, CEO of VanEck, emphasized the numerous advantages of Bitcoin as an asset class. He mentioned that a significant portion of his own investment portfolio, ‘way over 30%’, is allocated to Bitcoin. This is a strong statement coming from a prominent figure in the financial
In a recent interview with Custodia Bank CEO Caitlin Long and YouTuber Scott Melker, Kennedy proposed an interesting idea for the federal government to start buying Bitcoin until its holdings match the value of the nation’s gold reserves. This would mean acquiring roughly 9.4 million BTC, which is approximately 45% of the total Bitcoin supply.
The launch of the Spot Ethereum ETFs was expected to bring positive momentum to the price of Ethereum. However, the reality has been quite the opposite. Since the ETFs started trading on July 23rd, Ethereum has seen a decline of around 10% in its value. This unexpected struggle has proven that the launch of the
