The highly anticipated Dencun upgrade for the Ethereum (ETH) ecosystem is set to revolutionize Layer 2 (L2) networks by bringing about significant cost reductions and introducing new features. Scheduled for March 13, this update will introduce a new data storage system called blobs, aiming to reduce congestion on the Ethereum network and enhance various key
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The Thailand Securities and Exchange Commission (SEC) recently made a significant regulatory change by allowing the creation of private funds that can invest in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. This move opens up new opportunities for institutional investors and high-net-worth individuals in Thailand. The decision was made during a recent board
The recent surge in Bitcoin mining earnings to a record daily revenue of $78.6 million on March 7 has sparked significant interest in the cryptocurrency community. This increase in revenue comes at a time when Bitcoin’s value has experienced a 70% surge since the beginning of the year, surpassing the $70,000 threshold for the first
Coinbase, a leading cryptocurrency exchange platform, recently made headlines with its announcement of a $1 billion bond offering aimed at fueling its growth and expansion strategies. The move involves issuing unsecured convertible senior notes that are due to mature in 2030. This offering provides investors with the opportunity to convert their holdings into Coinbase shares
Bitcoin’s recent rally to a new all-time high above $70,000 has caught the attention of analysts and experts who are closely monitoring its trajectory. According to Rekt Capital, historical patterns suggest that Bitcoin typically reaches its peak within a range of 518-546 days after its halving event. However, the current cycle seems to be exhibiting
The recent reports of the Nigerian government obtaining a court warrant to detain Binance officials have raised concerns about the treatment of foreign executives in the country. The officials were reportedly held in Abuja without access to their passports for at least twelve days. This incident has sparked a debate on the transparency and fairness
Ethereum (ETH) has experienced significant price growth in recent weeks, surpassing the $4,000 level for the first time since December 2021. This surge has been fueled by a variety of factors, including favorable market indicators and upcoming network upgrades. Analysts and key indicators are optimistic about ETH’s future performance, with some predicting that the cryptocurrency
The recent surge in Bitcoin prices has captured the attention of investors worldwide. In a recent interview, Matt Hougan, Chief Investment Officer of Bitwise Asset Management, discussed the growing interest in spot Bitcoin Exchange-Traded Funds (ETFs). Following the launch of 10 new spot Bitcoin ETFs, including Bitwise’s own BITB, approximately $20 billion flooded into the
Coinbase has publicly criticized the Securities and Exchange Commission (SEC) for their recent rejection of a rulemaking petition, going so far as to call the decision “arbitrary and capricious.” This scathing rebuke was delivered in a formal petition filed on Mar. 11 with the US Court of Appeals for the Third Circuit. In their petition,
Bitcoin has once again proven its dominance in the financial world by surpassing $71,000, setting a new record and solidifying its position as the digital counterpart to gold. The cryptocurrency market has witnessed a remarkable surge in value since early March, with Bitcoin reaching an all-time high of $72,750 today. This achievement represents a 5%