Eigenlayer, the leading project in Ethereum Restaking, is gearing up to launch its airdrop for collection on May 10th. BingX Exchange, a well-known crypto exchange, will be listing Eigenlayer’s token $EIGEN for trading immediately after the airdrop. The Significance of Eigenlayer in 2024 Eigenlayer has emerged as the most substantial Restaking project on Ethereum in
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Rep. Maxine Waters has put forth the suggestion that Ms. Kristin Johnson, who currently serves as a Commissioner of the US Commodity Futures Trading Commission (CFTC), be nominated for the position of Assistant Secretary for Financial Institutions at the US Department of Treasury. Waters highlighted Johnson’s expertise in financial regulation and her dedication to maintaining
Crypto prediction website Telegaon has recently made a bold prediction regarding the future price of Cardano (ADA). According to their analysis, Cardano is expected to reach an impressive $45 by the year 2050. This prediction represents a substantial 8,900% price gain from its current level, which is sure to attract the attention of ADA holders
In a recent Town Hall meeting at Otherside, it was revealed that Yuga Labs has formed a strategic partnership with Improbable, a renowned technology company specializing in virtual world infrastructure. This partnership will result in Otherside being migrated to Improbable’s MSquared network, sparking considerable enthusiasm within the community. As a metaverse, Otherside offers a shared
Coinbase recently announced a staggering revenue of $1.64 billion in the first quarter, surpassing the initially expected $1.34 billion. This remarkable surge in revenue coincided with a robust Bitcoin rally that has made a significant impact on the entire crypto market. The company’s earnings per share were reported at $4.40, well above the average analyst
The recent market-wide crash in the cryptocurrency space has caused Bitcoin’s price to trend below $60,000, triggering a 20% decline. This significant drop has exposed multiple critical support levels for Bitcoin, raising concerns about the future direction of the cryptocurrency. Crypto analyst Norok has emphasized the importance of the $51,800 support level for Bitcoin in
The recent market crash in the cryptocurrency world has seen some interesting movements among various coins. One of the notable performers in the last 24 hours is Dogecoin ($DOGE), which has managed to rise 7% amidst the chaos. However, this rise comes after a 12% decline from the previous week, making Dogecoin one of the
Bitcoin has recently broken below the $60,000 support level for the first time in two months, signaling a potential shift in market sentiment. The euphoria that surrounded Bitcoin for the past 6.5 months seems to be fading, according to a new report from Glassnode. This shift is evident in the increasing distribution of BTC into
Ripple recently announced a groundbreaking partnership with HashKey Group, aimed at introducing XRP Ledger (XRPL) enterprise solutions to the Japanese market. This joint venture with HashKey DX, a specialized consulting company based in Tokyo, signifies a significant step towards revolutionizing supply chain finance solutions in Japan. The partnership will see the deployment of cutting-edge technology
In a surprising move, Bitcoin Minetrix ($BTCMTX) recently announced a significant token burn, amounting to 10% of the total token supply of 4 billion. This initiative, aimed at reducing the overall token supply, is expected to boost the price of $BTCMTX in the market. The burn is scheduled to take place tomorrow at 8am UTC,