A public dispute has emerged between the Ethereum Foundation and Péter Szilágyi, the former lead developer of the Geth execution client, centering on a $5 million proposal to spin off Geth into an independent company. Szilágyi disclosed that the Ethereum… Read More »Ethereum Foundation Faces Governance Dispute Over Geth Independence Offer
Freshly released Consumer Price Index (CPI) data for May has come in lower than anticipated across key metrics, strengthening market expectations for a Federal Reserve interest rate reduction in September. The seasonally adjusted monthly CPI increased by 0.1%, falling short… Read More »Cooling US Inflation Data Boosts Market Bets on Fed September Rate Cut
Michael Saylor, executive chairman of Strategy, asserts that his company’s exclusive Bitcoin-focused business model positions it to outperform traditional financial giants like JPMorgan in the cryptocurrency arena. Saylor emphasized that Strategy’s Bitcoin-backed approach delivers superior liquidity and market strength compared… Read More »Michael Saylor Claims Strategy Holds Competitive Edge Over JPMorgan in Bitcoin Market
Sandeep Nailwal, co-founder of Polygon, has been appointed Chief Executive Officer of the Polygon Foundation. This strategic move aims to accelerate the development of the AggLayer interoperability protocol and enhance governance efficiency within the organization. Nailwal’s appointment is designed to… Read More »Polygon Co-Founder Nailwal Appointed Foundation CEO to Drive AggLayer Scaling and Governance
MicroStrategy founder Michael Saylor has reiterated his highly bullish outlook on Bitcoin, predicting the cryptocurrency could reach $1 million per coin. Saylor stated his belief that the prolonged ‘crypto winter’ is unlikely to return, citing growing institutional adoption and favorable… Read More »Michael Saylor Predicts $1 Million Bitcoin as Institutional Adoption Accelerates
The U.S. Consumer Price Index recorded a 2.4% year-over-year increase, coming in below analyst projections of 2.5%. Similarly, core CPI—which excludes volatile food and energy prices—rose 2.8% annually, also underperforming against the anticipated 2.9% growth. These figures mark a deceleration… Read More »U.S. Inflation Cools as CPI and Core CPI Fall Below Market Estimates
Circle, the issuer of the USD Coin (USDC) stablecoin, has successfully launched its initial public offering (IPO), raising $1.1 billion. The company now trades on the public market under the ticker symbol ‘CRCL’. The IPO attracted significant interest from heavyweight… Read More »Circle Launches $1.1 Billion IPO, Marking Milestone for Stablecoin Sector
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Binance Smart Chain (BSC) has registered a substantial increase in high-value transaction activity since the rollout of its Alpha 2.0 upgrade earlier this year. Data reveals more than 39,500 distinct wallet addresses have conducted transactions exceeding $1 million each on… Read More »Binance Smart Chain Sees Surge in Million-Dollar Transactions Following Alpha 2.0 Upgrade
Bitcoin is consolidating near the $110,000 level while testing a critical resistance zone at $111,000, with whale inflows to exchanges plunging to a cycle low of $2.99 billion. This combination suggests potential for either a decisive breakout or short-term pullback,… Read More »Bitcoin Tests $111K Resistance Amid Declining Whale Activity as On-Chain Metrics Signal Bullish Momentum
DWF Labs has declared itself the largest supporter of AI Treasury in the United States, marking a significant commitment to artificial intelligence infrastructure development. The venture capital firm participated in ATW Partners’ $55 million initial transaction with Interactive Strength Inc.… Read More »DWF Labs Emerges as Top US AI Treasury Supporter, Announces $55M Deal and $500M FET Acquisition Initiative
Interactive Strength Inc. (Nasdaq: TRNR) has secured a $500 million facility dedicated to acquiring artificial intelligence-focused FET tokens. The agreement includes the launch of a comprehensive crypto treasury asset strategy. The facility enables the company to establish significant holdings in… Read More »Interactive Strength Secures $500M Facility for FET Token Acquisition and Crypto Treasury Strategy
The upcoming release of U.S. May Consumer Price Index (CPI) data is expected to significantly impact Bitcoin’s price trajectory, with potential implications for Federal Reserve interest rate policies and broader market sentiment. Forecasts indicate the May CPI will rise 2.9%… Read More »U.S. May CPI Data Release to Influence Bitcoin Prices and Fed Rate Decisions
Bybit has initiated its ‘Indonesia Exclusive Sharing is Caring’ event, offering users up to 10 USDT rewards for social media engagement as part of a targeted strategy to strengthen its foothold in Southeast Asia’s crypto market. The campaign incentivizes Indonesian… Read More »Bybit Launches Indonesia-Focused Social Media Campaign to Boost Market Presence
Despite distributing over $5 billion to creditors in its second repayment round, the FTX Recovery Trust continues to face significant hurdles in resolving $2.25 billion worth of disputed creditor claims. Compounding the challenges, Know Your Customer (KYC) verification issues have… Read More »FTX Creditor Recovery Hampered by $2.2 Billion in Disputed Claims and KYC Delays
Ethereum has breached the $2,700 threshold amid substantial accumulation activity, strategic profit-taking by large holders, and unprecedented on-chain engagement, signaling strong upward momentum. This marks a decisive breakout beyond Ethereum’s prolonged $2,300 to $2,800 trading corridor as market dynamics intensify.… Read More »Ethereum Surges Past $2,700 Fueled by Whale Activity and Record Network Engagement
1inch Network has launched its Pathfinder algorithm, a new solution designed to optimize token swaps across decentralized exchanges. The algorithm significantly improves swap rates by up to 6.5% while simultaneously reducing gas consumption through intelligent route optimization across multiple liquidity… Read More »1inch Network Debuts Pathfinder Algorithm to Enhance DEX Swap Efficiency
PancakeSwap has achieved a dominant position in the decentralized exchange (DEX) landscape, recording a daily trading volume of $12 billion and securing 33% of the total on-chain DEX market share. This milestone marks the first time PancakeSwap has overtaken Uniswap… Read More »PancakeSwap Surpasses Uniswap with $12B Daily Volume, Captures 33% DEX Market Share
The CLARITY Act, designed to establish clear regulations for cryptocurrencies in the United States, has cleared the House Financial Services Committee and advances toward a full House vote. This legislative progress has generated positive market reactions, with Ethereum surging approximately… Read More »CLARITY Act Advances Toward House Vote, Sparking Crypto Market Optimism
Former U.S. President Donald Trump has signaled potential willingness to restore relations with tech entrepreneur Elon Musk despite recent tensions. While not an immediate priority, Trump indicated a possible reconciliation might be considered, acknowledging Musk’s role in fracturing their previous… Read More »Trump Expresses Openness to Rebuild Ties with Musk Amid Mutual Regrets