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The Bitcoin boom has attracted worldwide attention and has seen its price increase fourfold since November 2022. This is not unusual.Cryptocurrencies like Solana, Telegram’s Ton, and Cardano’s Ada are posting numbers that make traditional markets seem asleep.These digital tokens have consistently outperformed the Nasdaq over the past 12 months, with Solana's market cap expanding nine-fold and Ton and Cardano more than doubling in value.As digital token creators grow, they want a regulatory environment that fosters their growth, not hinders it.In an interview with cryptocurrency news site CoinDesk last week, Raja Kumar, chairman of the Financial Action Task Force (FATF), said:),…
FRANKFURT (Reuters) – Inflation in the euro zone unexpectedly fell last month, solidifying the basis for the European Central Bank to start lowering borrowing costs from record highs.Consumer price inflation in the 20 countries that share the euro currency slowed to 2.4% in March from 2.6% the previous month, with stable growth slowing as food, energy and industrial product prices all pulled down on aggregate prices. The growth rate was slower than expected.Meanwhile, the underlying inflation rate, which is closely monitored by the ECB to gauge the sustainability of price pressures, fell from 3.1% to 2.9%, lower than the 3.0%…
Key Point:James Seifert is increasingly pessimistic about the SEC's approval of Ethereum ETFs.The analyst points out that the SEC's prolonged silence on the matter is a sign that it may refuse to approve the ETF.Seifert said in a previous post that the SEC would deny the application by May.Bloomberg ETF research analyst James Seifert reiterated his pessimism about the Securities and Exchange Commission's (SEC) approval of Ethereum ETFs. Seifert remains cynical about ETF approval because of the SEC's long silence on the matter. I have been tagged in this tweet and many others regarding 19b-4 documents filed in the United…
7:28 ▪ 3 Minimum read time ▪ up to Luc Jose A. Restaking is the new evolution of staking in decentralized finance (DeFi). This new form of staking allows users to reuse already staked cryptocurrencies to secure other protocols and decentralized products. This new trend not only presents opportunities for Ethereum, but also significant risks. Ethereum re-staking cryptocurrency opportunities Cryptocurrency exchange Coinbase recently addressed its restaking practices. We believe this new trend around staking presents a huge opportunity for Ethereum. This market’s place in decentralized finance (DeFi) is clear. In fact, restaking currently constitutes the second largest market in decentralized…
Bitcoin (BTC) trades around $66,000 during Asian trading hours on Tuesday, trading with losses as traders digest a rebound in U.S. Treasury yields and the possibility that the Fed will delay interest rate cuts until later this year. It was done.At the time of writing, Ethereum (ETH) was trading above $3,300, while CoinDesk 20 (CD20) was down 0.6% at $2,532.Sustained inflation and unexpectedly strong manufacturing activity pushed the 10-year Treasury yield to a two-week high of 4.40% overnight. Rising so-called risk-free interest rates typically encourage capital outflows from risky assets and zero-yield investments such as gold. But the yellow metal…
Eurostat is scheduled to release key European inflation data on Wednesday. The main annual inflation rate is expected to hold steady at 2.6% in March. The European Central Bank (ECB) is expected to cut interest rates in June. The harmonized index of consumer prices (HICP), the euro area's inflation indicator, will be released on Wednesday 3 April. Inflation data from the Old Continent will be closely scrutinized by the European Central Bank (ECB) amid growing speculation about inflation in the eurozone. An event as early as June could trigger a easing cycle. A glimpse of recent European data shows that…
An Ethereum airdrop is a distribution of free tokens to the digital wallets of active Ethereum users. It serves as a promotional strategy or a reward for platform engagement.what is airdrop Ethereum: Claim Your Free Crypto AirdropsAirdrop Ethereum campaigns in the Ethereum ecosystem aim to increase token circulation and attract a wider user base. As part of such campaigns, new projects or platforms distribute their native tokens or cryptocurrencies to existing Ethereum wallet holders, often based on pre-determined criteria such as owning a minimum amount of ETH or participating in specific network activities.Engaging in airdrops can be beneficial for both…
CrowdSwap has launched the first-ever decentralized cryptocurrency exchange-traded fund (ETF) consisting of 10 digital assets, including Bitcoin (BTC) and Ether (ETH). According to a press release, the new crypto fund, Bull Run dETF, provides investors with access to a diverse portfolio of digital assets, while ensuring the process is decentralized and secure. The first ever DeFi crypto ETF CrowdSwap's CrowdSwap's Bull Run dETF supports Polygon (Matic), Avalanche (AVAX), Chainlink (LINK), Polkadot (DOT), Binance Coin (BNB), Fetch AI (FET), ChainGPT (CGPT), and their native tokens It consists of crowd. BTC and ETH account for 35% of the fund, while large altcoins…
In a recent analysis by Fomo Factory, expert analysts examined the current bullish and bearish signals in the Bitcoin market, raising concerns about a possible correction. Just a few days ago, Bitcoin hit a historic bullish close, surpassing all-time highs on a weekly, monthly, and quarterly basis. But this euphoria doesn't seem to last long, as a potential economic downturn threatens profits. A key question on investors' minds is whether this setback signals further trouble. The analyst pointed to the struggle Bitcoin will face in breaking through the $70,000 level, hinting at the possibility of prolonged volatility. Despite the current…
Looking to maximize the potential of your Monero holdings? Use DappRadar to stake your Monero and take advantage of the benefits of decentralized finance (DeFi). DappRadar provides a seamless platform for staking Monero, allowing you to earn rewards while contributing to the security and efficiency of the blockchain network.By staking Monero through DappRadar, you can participate in the growing trend of earning passive income in the cryptocurrency space. Whether you're a seasoned investor or new to the crypto world, staking Monero on DappRadar allows you to leverage your holdings while supporting the broader blockchain ecosystem. You will have the opportunity…