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BItgert: The Rising Star of the Crypto Market

[ad_1] The crypto market is back in action, with top coins like Bitcoin and Ethereum registering gains in the past few days. Bitcoin is again above the $70K mark, while Ethereum has maintained its sprint after the Ethereum ETF announcement.  The correction phase saw major altcoins lose profits in multiples of the market decline. However, […]

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Polygon (MATIC) Price Drops to Eight-Month Low

[ad_1] The price of MATIC, the token that powers the leading Layer 2 (L2) platform Polygon, has declined by 10% in the past seven days. This has caused it to trade close to the lower line of the horizontal channel, which it has trended within since April 13.  If the bearish bias toward altcoins surges, […]

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Arbitrum Injects $222 Million into Gaming Sector

[ad_1] The Arbitrum Decentralized Autonomous Organization (DAO) has approved over $200 million worth of ARB tokens to enhance the Ethereum layer-2 network’s gaming sector. This funding milestone coincides with a surge in key network metrics, reflecting growing community adoption. On June 7, the Arbitrum community passed a proposal to fund the gaming ecosystem using resources […]

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Kerrisdale Capital shorts Riot stock amid complaints about miner’s safety hazards, China imports

[ad_1] Kerrisdale Capital sent a complaint about crypto miner Riot Platforms to Texas officials over concerns related to safety hazards and equipment imported from China The company made the complaint in a on June 5 letter addressed to Navarro County Texas Judge H.M. Davenport Jr. and four commissioners. Kerrisdale cited a former operations specialist at […]

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Solana Won’t Kill Ethereum, The “ETH Elite” Will

[ad_1] Evgeny Gaevoy, CEO of crypto market maker Wintermute, has recently voiced concerns about Ethereum’s (ETH) leadership. According to Gaevoy, Ethereum’s potential downfall will not be due to technical shortcomings compared to competitors like Solana but from contradictions within its leadership. Wintermute CEO Highlights Leadership Paradox in Ethereum Gaevoy criticizes Ethereum’s leadership, particularly the network’s […]