Author: coinadrenaline

Bank of America could launch a U.S. dollar-pegged stablecoin if federal lawmakers pass legislation creating a regulatory framework for such digital assets, CEO Brian Moynihan stated in a Feb. 26, 2025, interview with Fortune magazine. BOA’s Stablecoin Plans Hinge on Pending Congressional Legislation, CEO Says BOA boss Brian Moynihan likened the proposed stablecoin to a […]

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The Ethereum Foundation is thrilled to announce a collaborative grant round with Aztec, Polygon, Scroll, Taiko, and zkSync to develop Zero Knowledge public goods projects. Each co-funder of the grant round has contributed 150K USD in funds, bringing the total grant pool to 900K USD. The breadth and complexity of the Layer 2 ecosystem has reached a point where identifying shared needs and dependencies requires the participation of domain experts from a range of stakeholders. The co-funders will, therefore, not only provide funding but also participate in the allocation decisions. Beyond more and better-informed funding, we hope this approach will…

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Este artículo también está disponible en español. Richard Teng, Binance’s CEO, firmly believes that the current crypto dump won’t last long. Referencing crypto’s historical performance, Teng said that, just like traditional assets, crypto reacts to changes in the outside world, but it also bounces back. In anticipation, we highlight four top new crypto tokens to buy now. Crypto Always Rebounds ‘It’s important to view this as a tactical retreat, not a reversal. Crypto has been here before and bounced back even stronger.’ – Richard Teng said on X Another piece of positive speculation from Teng is that the Fed could…

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Este artículo también está disponible en español. Bitcoin’s price fell to $86,099 on February 26th, wiping out almost $1.06 billion from crypto’s market cap and sending ripples across the industry. According to Coinglass tracking, around 230,000 positions have been liquidated for the day.  Related Reading As a sign of bearish sentiment, the digital asset’s open interest has dipped to 5%, reflecting deleveraging among investors and holders. On-chain data also suggests that exchange inflows surged to 14.2%, potentially suggesting panic selling among holders. Furthermore, funding rates are now in negative territory, indicating investors’ sentiments have shifted.  Massive Losses For Holders As…

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Ethereum price has declined for three consecutive days, forming a death cross pattern and risking a drop to $1,500. Ethereum (ETH) fell to $2,430 on Wednesday, down more than 40% from its highest level in November. The coin has dropped and underperformed Bitcoin (BTC) and other major altcoins as exchange-traded fund inflows slowed and challenges within the ecosystem persisted. Data from TokenTerminal shows that the fees generated by Ethereum have continued to decline in recent months. The network earned $9.8 million last week, significantly lower than last year’s weekly high of over $217 million. Networks such as Tron (TRX), Jito…

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MKR’s recent records show market gains as large transaction volume climbs, along with active addresses. A slight pullback before continuation could be on the horizon as the RSI crosses into the overbought zone. Maker [MKR] has displayed significant strength in the market despite the downturn in the broader crypto market. In the past 24 hours, it rallied by 23% to approximately $1,727. This is a continuation of the bullish trend it established in the past week, which has cumulatively jumped by 42%. Recent interest from large investors, who control a significant supply of the asset, as well as derivative traders…

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The Ethereum Foundation has stepped in to support Alexey Pertsev, a developer behind Tornado Cash, by donating $1.25 million toward his legal defense.Announcing the donation on Feb. 26, the Foundation emphasized the importance of privacy and the rights of developers, saying:“Privacy is normal, and writing code is not a crime.”Pertsev expressed his gratitude for the contribution, stating that the funds would allow him to focus on his appeal fully. He wrote:“Thank you Ethereum Foundation for making a huge donation to my legal defense for the case in the Netherlands. I’m very grateful that I can now completely focus on preparing…

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Este artículo también está disponible en español. Shares of Strategy (NASDAQ: MSTR) have dropped by over 55% from the November 24 high at $543 to around $250. With the software intelligence firm now holding approximately 499,096 Bitcoin—worth around $44 billion at current prices—market participants are wondering whether the company could ever face a forced liquidation of its massive Bitcoin treasury. On Tuesday, analysts from The Kobeissi Letter (@KobeissiLetter) took to X to provide a comprehensive thread analyzing this scenario. Here’s what they had to say: “The MicroStrategy liquidation: As MicroStrategy, MSTR, falls over -55%, many are asking about ‘forced liquidation.’…

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