The Blast Network has emerged as a key player in the world of web3, offering a unique solution among the many Ethereum Layer 2 (L2) platforms. Launched by the creators of the Blur NFT marketplace, Blast Network’s mainnet, known as Blast Mainnet, was unveiled in February 2024 to tackle the challenges of high transaction fees
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Asset manager VanEck recently revised its prediction for Ethereum (ETH), revealing what price it believes the second-largest crypto token could reach by 2030. In a recent blog post, VanEck predicted that Ethereum could reach $22,000 by 2030. This represents a significant increase from their previous prediction of $11,800 for the same period. The firm attributes
The future of Bitcoin has been a hot topic of discussion within the crypto community, with various analysts presenting optimistic outlooks for the pioneer cryptocurrency. One such analyst, Peter Brandt, recently released a blog post predicting Bitcoin’s top in the current bull cycle. Despite the recent decline in Bitcoin’s price, Brandt remains positive about the
In a recent blog post, Coinbase CEO Brian Armstrong stressed the need for regulatory clarity in the crypto industry. He highlighted the significant investment Coinbase has made in policy efforts and emphasized the company’s commitment to continuing these investments as regulations evolve globally. Armstrong outlined two primary paths to achieving regulatory clarity: creating new case
Uniswap Labs has recently issued a strong response to the SEC’s Wells notice, rejecting the agency’s attempts to regulate DeFi as misguided and legally unsound. The company expressed confidence in its position and readiness to defend itself in potential litigation against the SEC. In a blog post on May 20, Uniswap Labs criticized the SEC’s
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The recent price action of Bitcoin has left institutional investors with a bearish sentiment, leading to a wave of massive outflows from Bitcoin investment products. Data revealed by CoinShares in a blog post indicated that Bitcoin investment funds experienced an outflow of $284 million last week. The majority of these outflows were attributed to the
Binance CEO Richard Teng has spoken out against the detention of Tigran Gambaryan, a key executive of the exchange, in Nigeria. Teng described the situation as unjust and worrisome, setting a dangerous precedent for companies globally. He emphasized that inviting employees for policy discussions and then detaining them is unacceptable. Tigran Gambaryan, a US citizen
Recently, Bitcoin has displayed remarkable resilience by bouncing back above the $60,000 mark, following a significant dip below $57,000. Renowned analyst and market expert Peter Brandt has expressed his confidence in Bitcoin’s ability to reach a six-figure value by 2025. In a blog post marking his 50th year in future markets trading, Brandt emphasized his
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