Author: coinadrenaline

Lawmakers are demanding urgent FDIC action to end “debanking,” warning that unchecked regulatory power threatens financial access and could be weaponized against lawful businesses. 5 Recommendations to End ‘Debanking’: Congress Pressures FDIC to Act Now House Financial Services Committee Chairman French Hill, along with Representatives Dan Meuser, Andy Barr, and Bryan Steil, have urged the […]

Read More

Journalist Posted: February 22, 2025 Binance and Coinbase whales bought $12.98M Ethereum as Golem Network deposits $13.26M ETH to exchanges. Ethereum price could hit $6K if it continues to mirror Bitcoin’s pattern. Recent Ethereum [ETH] transactions showed a contrasting pattern between the actions of individual whales and institutional entities like Golem Network. Golem Network appears to be on the selling end of the spectrum. Golem transferred 4,850 ETH, worth approximately $13.26 million, to an exchange. This follows a larger movement from their multi-signature wallets, suggesting an intent to liquidate or redistribute assets. Conversely, ETH whales have been notably active, purchasing…

Read More

Este artículo también está disponible en español. Crypto analyst Dima Potts has provided insights into the current Dogecoin price action. In his analysis, Potts highlighted the $0.28 price level as being the next major milestone for DOGE as it eyes a breakout on its way to a new all-time high (ATH).  Why $0.28 Is The Next Major Milestone For Dogecoin’s Road To ATH In an X post, Dima Potts revealed that $0.28 would be the next major milestone for Dogecoin on its road to a new ATH. The analyst stated that he expects DOGE to move towards the $0.28 range,…

Read More

A group of US senators, led by Cynthia Lummis, has urged the Securities and Exchange Commission (SEC) to clarify its position on protocol staking in crypto exchange-traded products (ETPs) in a Feb. 20 letter. The lawmakers are seeking answers regarding the exclusion of staking from ETP issuers’ S-1 filings, which they argue impacts the competitiveness of U.S. asset managers and prevents investors from accessing core blockchain functions.The SEC has allowed the registration of multiple digital asset ETPs but has consistently required issuers to remove protocol staking from their filings. As a result, the senators have requested that the SEC provide explicit reasoning…

Read More

Follow Frank on X. In a report released this Wednesday, Fidelity Digital Assets in collaboration with Lightning payment provider Voltage released a report on the state of the Lightning Network.The report details the many ways in which the Lightning Network has grown since its launch in 2018.It also illustrates how more businesses have begun incorporating Lightning in 2024 than any year prior, that larger channels are forming on the network and that more Lightning nodes are coming online. Source: The Lightning Network: Expanding Bitcoin Use Cases Some key stats from the piece include the following:Total Lightning capacity denominated in U.S.…

Read More

Today, we’re excited to announce the Pectra Audit Competition, kicking off on Cantina! This month-long event will run from February 21 to March 24, and we’re excited to see what issues the security community can find. Why Pectra Matters Some of the key EIPs for Pectra are listed below From EOAs to Smart Accounts (EIP-7702) Enhances Externally Owned Accounts (EOAs) with smart contract features. Key Benefits Transaction Batching: Combine multiple operations into a single transaction.Gas Sponsorship: Others can pay fees for the account.Alternative Authentication: Use hardware security modules or passkeys for authorization.Spending Controls: Limit token usage/outflows for improved security.Recovery Mechanisms:…

Read More

A widely followed cryptocurrency analyst and trader is leaning bullish on the altcoin market but with a caveat. The analyst pseudonymously known as Capo tells his 929,300 followers on the social media platform X that altcoins could go up by double-digit percentage points from the current level. “Expecting altcoins to pump 10%-20% from here. However, I believe this bounce is a bull trap because a big drop is likely to follow.” Source: Capo/X A bull trap is a move designed to lure in retail traders via a fake breakout but instead of continuing to rise, the asset abruptly reverses and…

Read More

Bitcoin’s price fell 3.07% to $95,086 on Feb. 21, 2025, as markets reacted to a $1.4 billion hack at Bybit and technical indicators signaled bearish pressure. Bearish Signals Dominate Bitcoin Charts Amid Security Breach Fallout Bitcoin traded within a 24-hour range of $95,086 to $99,504, reflecting heightened volatility following the breach of Bybit’s Ethereum cold […]

Read More

Somnia, a high-speed, Ethereum-compatible blockchain, launched its Shannon Testnet today as part of its push toward mainnet readiness. Named after information theory pioneer Claude Shannon, the testnet follows DevNet benchmarks exceeding 1 million transactions per second (TPS), offering developers a scalable platform for real-world applications. The Shannon Testnet introduces multiple third-party validators and staking protocols, enhancing decentralization and security. During DevNet testing, it processed over 3.6 million transactions across 300,000+ unique addresses, with sub-second finality and sub-cent transaction fees. The time is NOW! Somnia’s Testnet: Shannon is LIVE. 🚀https://t.co/8xNRJIm1kBBuilt to handle MILLIONS of users: fast, stable, and ready for real-world…

Read More