Author: coinadrenaline
Este artículo también está disponible en español. A former cryptocurrency exchange executive remarked that Bitcoin is an inescapable reality, a statement that stirred a discussion within the crypto community. The comment made by the former CEO of Binance, Changpeng Zhao, was a reaction to the report that another American state sought to establish a local version of US President Donald Trump’s proposed Strategic Bitcoin Reserve. Related Reading Bitcoin Reserve Bill The proposal to create a US Strategic Bitcoin Reserve is gaining momentum as several US states passed legislation that seeks to establish a localized version of a BTC reserve and…
After scoping the Pectra fork, a successful interop event and four devnets, we’re now launching the first short-lived Pectra testnet: Mekong! The Mekong testnet includes all the EIPs proposed for the upcoming Pectra fork on Ethereum. These changes include UX changes via EIP-7702, Staking changes via EIP-7251, changes to the deposits and exit mechanisms via EIP-6110/ EIP-7002 and more. An exhaustive list of the EIPs as well as specifications implemented can be found here. Mekong is meant to be a playground for wallet developers to experiment with UX changes and for stakers to gain confidence in the upcoming changes. The…
Este artículo también está disponible en español. According to an X post by crypto analyst Ali Martinez, Bitcoin (BTC) is witnessing a decline in sell-side pressure, indicating that a local market bottom may soon form for the premier cryptocurrency. Bitcoin Local Bottom On The Horizon? Bitcoin continues to trade just below the psychologically significant $100,000 level, hovering at $98,650 at the time of writing. However, the top cryptocurrency by market capitalization is witnessing a notable drop in sell-side pressure. Related Reading Martinez shared the following Bitcoin Sell-Side Risk Ratio chart from crypto analytics platform Glassnode, highlighting a sharp decline in…
Founder: Prashanth ChandrashekarDate Founded: March 2023Location of Headquarters: LithuaniaNumber of Employees: 3 full-time, 3 contract workersWebsite: https://bringin.xyz/Public or Private? PrivateWith Bringin, it’s now easier than ever to live on a bitcoin standard in Europe.The web app (and soon-to-be-released mobile app) enables users to almost instantly convert bitcoin from either a base chain or Lightning wallet to a virtual Visa debit card that can be used wherever Visa is accepted.Bringin’s founder Prashanth Chandrashekar conceptualized the product after struggling to convert his bitcoin into euros.“Two years ago while living in Estonia, I used to get paid in bitcoin, and it took almost…
The OpenSea Foundation announced its SEA token for users of the popular NFT marketplace, with U.S. traders eligible and a new platform upgrade called “OS2.” OpenSea users were told to expect a native token called SEA as a reward for trading non-fungible tokens on the multi-chain NFT exchange as part of an overhaul to improve on-chain digital collectible trading, per a Feb. 13 reveal via X. The OS Foundation said U.S. users were eligible, as the firm was likely encouraged by shifting regulatory winds under the new President Donald Trump administration. Big projects have generally disqualified U.S. users from receiving…
In a surprising turn of events, Russia’s central bank is contemplating a significant shift in its cryptocurrency policy. The Bank of Russia, long known for its conservative stance on digital assets, is now considering opening the door to crypto trading for a select group of investors. This potential move marks a notable change in the country’s approach to digital currencies and could have far-reaching implications for Russia’s financial landscape. Alexey Guznov, the Bank of Russia’s state secretary and deputy governor, recently shed light on these developments in an interview with Izvestia, a prominent Russian newspaper. Guznov revealed that the central…
A Bybit payroll fraud scheme funneled $5.7 million into a worker’s personal wallets, funding luxury splurges before authorities uncovered the deception and issued a prison sentence. Bybit Crypto Payroll Fraud Leads to Prison Sentence A former payroll employee has been sentenced to nine years and 11 months in jail for orchestrating a $5.7 million fraud […]
The New York Stock Exchange (NYSE) has submitted a proposed rule change aimed at allowing the Grayscale Ethereum Trust (ETHE) and the Grayscale Ethereum Mini Trust (EZET) to stake their ETH holdings. This proposal is particularly noteworthy because it seeks to enable the trusts to earn rewards on their staked ETH while ensuring that the assets remain under the custody of their current custodian. Grayscale Advocates For Staking In Crypto ETFs Staking, a process integral to Ethereum’s proof-of-stake (PoS) model, allows holders to earn yield on their assets. By staking through trusted providers, ETHE and EZET could potentially bolster their…
Journalist Posted: February 22, 2025 On-chain metrics showed steady growth in TVL and network accounts as the Long-Short Ratio rose, signaling long-term investor conviction despite price fluctuations. Despite a short-term overall bearish market sentiment, XLM HODLers showed a positive investor sentiment. Stellar [XLM] is flashing mixed signals as the price consolidated inside a bullish flag on the daily chart. At press time, XLM was trading at $0.3410, after decreasing 0.5% in price, while the trading volume dropped by 10.61%. Following a steady network growth and total value locked in late 2024 to date, the price consolidation could lead to a…
Este artículo también está disponible en español. Crypto analyst Egrag Crypto (@egragcrypto) has outlined both short-term and long-term trajectories for XRP, pinpointing potential upside targets that range from $4–$6 in the near term to $33–$60 over the long haul. The shared chart focuses on historical resistance levels, Fibonacci extension points, and a multi-phase Parabolic Arc formation. XRP Eyes $6—But This Key Level Stands In The Way Egrag Crypto’s chart shows XRP trading near $2.67, coming off a notable bullish surge but now contending with a red horizontal band between roughly $2.75 and $3.00. The upper boundary at $3.00 holds dual…