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The obverse of the coin is Ethereum's fundamental outlook, while the reverse side is that new users are not choosing Ethereum. How should Ethereum long-term believers think about this?
Nonetheless, Marathon Digital’s Q1 2024 sees a 223% yoy revenue surge and 142% hash rate increase from new products and acquisitions.
The vise grip organizations like BlackRock have on bitcoin in order to fill their ETFs is a threat to bitcoin’s adoption
The Runes protocol, which launched on Bitcoin three weeks ago following its halving event, generated $135 million in fees over its first week, but activity has since fallen dramatically. May 10th was the lowest activity day on Runes by several measures, including new mints and new wallets, blockchain data show, in an early test for the new protocol.
She also warned that generative artificial intelligence was like the “kid that got an ‘F’ in math.”
Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range.
Blockchain data shows that the victim of a $71 million address poisoning attack last week has recovered nearly all available funds when accounting for the changes in crypto prices. Blockchain cybersecurity firm Match Systems and the Cryptex exchange participated in the recovery negotiations, according to a press release.
- 01:15Franklin Templeton seeks US SEC approval to launch new cryptocurrency index ETFChainCatcher reports, according to Reuters, Franklin Templeton Investments announced on Thursday that the company is seeking regulatory approval to launch a new cryptocurrency index ETF. The asset management firm hopes to profit from the cryptocurrency craze after Trump's victory in the U.S. presidential election. In documents submitted to regulators on Thursday, Franklin Templeton stated: "The fund may not currently hold any digital assets other than Bitcoin and Ethereum. It is uncertain whether any digital assets other than Bitcoin and Ethereum will be added to the base index in the future." This leaves room for Franklin Templeton to modify its ETF after other cryptocurrencies receive SEC approval.
- 01:14Yesterday, GBTC had a net outflow of 42.2 million US dollars, while BTC had a net inflow of 5.2 million US dollarsGolden Finance reports, according to data monitored by Farside Investors, the fund data for the US spot Bitcoin ETF and spot Ethereum ETF yesterday (February 6) is as follows: Spot Bitcoin ETF: GBTC had a net outflow of $42.2 million, BTC had a net inflow of $5.2 million; Spot Ethereum ETFs: ETHW, ETHV, EZET, ETHE, ETH had no funds flowing in or out.
- 01:13The Bitcoin investment bill in Utah, USA has been passed by the House of RepresentativesGolden Finance reports, according to Bitcoin Magazine, a bill allowing investment in Bitcoin in Utah has been passed by the state's House of Representatives. The bill will be submitted to the Senate for further consideration.