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Month: May 2024

cryptocurrency May 29, 2024

Share this article Advertisements URL Copied Advertisements During Consensus 2024, Ripple’s Chief Technology Officer David Schwartz discussed the untapped potential of DeFi on the XRP Ledger (XRPL) for institutional use. Schwartz pointed out the current limitations faced by Bitcoin ETF holders when seeking loans, with brokers valuing these assets at zero due to volatility concerns. […]

cryptocurrency May 29, 2024

Michael Nadeau, founder of The DeFi Report, has published a deep dive into the implications of the approval of spot Ethereum (ETH) Exchange-Traded Funds (ETFs) on the cryptocurrency’s price trajectory. This analysis follows on the heels of a significant regulatory nod from the US Securities and Exchange Commission (SEC), which approved the 19b-4 applications for […]

cryptocurrency May 29, 2024

Share this article Advertisements URL Copied Advertisements Blocksquare, a real estate asset tokenization protocol, has reached a major milestone. The firm successfully tokenized a diverse portfolio of real estate assets exceeding $100 million. This includes 118 properties across more than 21 countries, including hotels, restaurants, and healthcare facilities. In addition, Blocksquare announced the launch of […]

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 […]

cryptocurrency May 27, 2024

Michael Saylor makes a U-turn on ETH after ETF approvals.  The executive said that the approval will further legitimize crypto assets.  MicroStrategy founder and CEO Michael Saylor has changed his ‘no second best to Bitcoin’ rhetoric after the Ethereum ETF’s approval. Advertisements Commenting on the approvals, Saylor underscored the update as ‘good for crypto asset […]

cryptocurrency May 27, 2024

Layer-2 (L2) project Taiko has officially deployed its protocol on the Ethereum (ETH) mainnet, marking a significant milestone after two years of work. Advertisements The Taiko protocol uses Based Contestable Rollup (BCR) architecture. It promises to enhance Ethereum’s scalability and security while maintaining a decentralized structure. Vitalik Buterin Proposes First Block as Taiko Deploys on […]

cryptocurrency May 27, 2024

The preliminary approval from the US Securities and Exchange Commission (SEC) for several spot Ethereum exchange-traded funds (ETFs) has sparked renewed enthusiasm in the crypto market. Advertisements This development has led to significant gains for Ethereum (ETH) and several altcoins within its ecosystem, such as PEPE and Ethereum Name Service (ENS), over the past 24 […]