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A chocolate Easter bunny waits to be displayed in a Belgian store. Virginia Mayo/Associated Press hide caption toggle caption Virginia Mayo/Associated Press A chocolate Easter bunny waits to be displayed in a Belgian store. Virginia Mayo/Associated Press Cocoa bean prices are in an abnormal situation. Cocoa beans are now more valuable than some precious metals and are rising faster than even Bitcoin. After cacao surpassed its all-time high of $5,400 per tonne set in 1977 just before Valentine's Day, melting hearts as well as wallets, one of the cocoa prices this week It has surpassed the astonishing value of the…
The Bitcoin (BTC) halving event is approaching and all investors are preparing for the event as this event will have a huge impact on the crypto market. For Bitcoin (BTC) users, this is a great opportunity to increase the value of their tokens, while for others it is a great opportunity for growth and market diversification. Investors are rushing to buy Pushed (PUSHD) as it presents an attractive opportunity for high returns. Pushd (PUSHD) is gaining attention from both Monero (XMR) and Bitcoin (BTC) investors during Presale Stage 6. Currently selling for just $0.125 per token, Pushd (PUSHD) has been…
Chain abstraction could trigger the next transition in the crypto space and Web3 needed for mainstream adoption. Illia Polosukhin, co-founder of Near Protocol, said: He spoke in an interview with The Block at the BUIDL Asia Conference in Seoul, South Korea.Chain abstraction involves application developers improving the end-user experience by defragmenting Web3's complex technical layers. This concept abstracts blockchain from the user experience. For example, on blockchain networks such as Near, users create and recover accounts using their email addresses instead of writing down complex seed phrases.“The idea is that blockchain needs to be abstracted from users so that it…
In the fast-paced world of cryptocurrencies, market dynamics are constantly evolving, shaped by a variety of factors, from institutional adoption to innovative projects and technological advances. Recently, the emergence of exchange-traded funds (ETFs) has gained a lot of attention, influencing the trajectory of Bitcoin and pushing cryptocurrencies like Monero and Rebel Satoshi (RBLZ) to new heights. Let's explore the impact of ETFs on Bitcoin market dynamics and the rise of Monero and Rebel Satoshi in the cryptocurrency space. ETFs: Reshaping Bitcoin Market Dynamics The introduction of exchange-traded funds (ETFs) ushered in a new era of Bitcoin, bridging the gap between…
The most famous cryptocurrency has delivered returns of almost 5,000% over the past decade. advertisementThe London property market has proven to be one of the best markets to invest in over the past decade, with yields exceeding 44%, according to a recent market analysis by British real estate company Foxtons.The estate agent analyzed the performance of the UK-owned residential property market compared to nine other popular investment options, including Bitcoin and the FTSE 100. They found that only two investment assets achieved higher investment returns over the past 10 years. It's hard to beat the impressive 4,963% yield recorded by…
Ethereum price continues to rise above the $3,500 zone. If ETH can break out of the $3,680 resistance zone in the near term, it could gain bullish momentum.Ethereum retested $3,450 and is now moving higher.The price is trading above $3,500 and the 100 hourly simple moving average.On the hourly chart of ETH/USD (data feed via Kraken), the pair has broken out above a major bearish trendline with resistance at $3,540.The pair could gain bullish momentum if it breaks above the $3,680 resistance zone.Ethereum price sees new riseEthereum price fell below the $3,550 zone and started to correct downwards again. ETH,…
Natalie Sherman, Kayla Epstein, Michelle FleuryBBC newsMarch 28, 2024Updated 37 minutes agoSam Bankman Fried, co-founder of failed cryptocurrency exchange FTX, was sentenced to 25 years in prison for defrauding the bankrupt company's customers and investors. The ruling cements the fall of the former billionaire, who gained attention as a champion of cryptocurrencies until his company's dramatic bankruptcy in 2022.He was found to have stolen billions of dollars from customers before the bankruptcy.Bankman Freed's legal team plans to appeal the conviction.A message from Bankman-Freed's parents, which was shared with the BBC by a representative, said: “We are heartbroken but will continue…
Just over two weeks after Ethereum’s successful Dencun upgrade introduced EIP-4844 or “proto-dunk sharding” to reduce Layer 2 gas fees, co-founder Vitalik Buterin announced the next important step, i.e. validating a conservative version of the Blob data. Data Availability Sampling (DAS) called PeerDAS.Buterin said that with the activation of BLOB completed, “scaling Ethereum is no longer a ‘zero-to-one’ problem, but a ‘one-to-N’ problem.” Validating his blobs using PeerDAS paves the way for introducing additional scaling solutions into the protocol.The ultimate goal is to enable full data availability sampling, with up to 16 MB of data available per slot. However, this…
Image credits: Bryce Durbin/TechCrunchOn Thursday, a federal judge sentenced former FTX CEO Sam Bankman Fried to 25 years in prison after being convicted of seven counts of wire fraud and money laundering. The scam he pulled was very simple. He and his partners founded FTX, an exchange that accepts deposits from customers and invests and trades in cryptocurrencies. Some of these deposits were secretly sent to another company of his, Alameda Research, a hedge fund that he originally founded to arbitrage differences in cryptocurrency prices across countries. It was something I did. According to the government's successful lawsuit, Alameda used…
A widely followed crypto analyst is updating his outlook on the future path of Bitcoin (BTC) in the ongoing bull market cycle. In a new video update, cryptocurrency strategist Jason Pizzino told his 320,000 YouTube subscribers that he will be watching closely to see if Bitcoin adjusts its key price targets upward. “We are considering several price targets. $72,500 and beyond that, obviously the all-time high of $74,000. My next two goals for him are $78,500. This is based on this level here. It's an ETF (exchange traded fund) low because you're getting extended tools from the weekly swings. [launch…