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Day: May 28, 2024

cryptocurrency May 28, 2024

Bitcoin’s $70K surge seems like a dream as prices and social metrics decline.  Michael Saylor’s optimism clashes with market uncertainties. Amid widespread anticipation, Bitcoin [BTC] surged to $70,000 on the 27th of May, only to retract to $68,101 within 24 hours. This downturn has sparked significant FUD (Fear, Uncertainty, and Doubt), as noted by trader […]

cryptocurrency May 28, 2024

ENS Labs, the team behind the widely-used Ethereum Name Service (ENS), has announced an important upgrade. Advertisements ENSv2 aims to significantly increase the scalability and reduce transaction costs by migrating to a Layer-2 network. Critical Points of ENSv2 Upgrade Since its inception in 2017, ENS has simplified blockchain interactions by mapping long Ethereum addresses to […]

cryptocurrency May 28, 2024

The recent approval of spot Ethereum (ETH) exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has stirred the crypto market. ETH and other altcoins in its ecosystem witnessed a renewed interest, with their prices increasing significantly. Advertisements Analysts at crypto research firm Kaiko shared their thoughts regarding the SEC’s preliminary approval. They […]

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