Share this article Crypto hardware manufacturing company Trezor has launched a suite of new products aimed at promoting self-custody of digital assets. Unveiled onstage at BTC Prague 2024, the lineup includes the Trezor Safe 5 hardware wallet and the “Trezor Expert” onboarding service. The Trezor Safe 5 enables users to securely store, manage, stake, and […]
This week, the crypto market was turbulent. Events such as Andrew Tate’s controversial meme coins, Ripple’s large-scale asset sales, and hedge funds betting against Bitcoin caused high volatility. Moreover, the macroeconomic data, such as the US Federal Reserve keeping the interest rates unchanged, also contributed to the market dynamics. Andrew Tate’s Meme Coin Sparks Market […]
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SEC Chair Gary Gensler told lawmakers on Thursday that he sees spot Ethereum ETFs’ S-1 filings approval in the summer. The SEC Chair’s comments however did not offer much information, an ETF analyst noted. Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC), sees the recently approved spot Ethereum exchange-traded funds (ETFs) […]
NVIDIA has announced the release of the Omniverse Kit 106 Beta, a significant milestone aimed at enhancing the development of OpenUSD applications for both cloud and on-premises deployments. This latest update introduces a host of new features and improvements designed to streamline and accelerate 3D and industrial digitalization workflows, according […]
Fidelity Investments’ Director of Global Macro, Jurrien Timmer, explains the recent slowdown in Bitcoin adoption. While he acknowledges Bitcoin as “exponential gold” and a potential store of value, Timmer highlights the divergence between the deceleration in Bitcoin’s network growth and its price movements. Network Growth vs. Price Gains Timmer emphasized that Bitcoin’s price is primarily […]
In a significant regulatory shift, the US Securities and Exchange Commission (SEC) partially approved the long-awaited Ethereum ETF filings submitted by prominent asset managers three weeks ago, including BlackRock and Grayscale. SEC Chairman Gary Gensler has indicated that full approval for these Ethereum ETFs could come by the end of the summer, providing much-needed clarity […]
On-chain data shows that Bitcoin and Ethereum exchange supplies have gone opposite ways recently, a sign that a rotation may be on. Bitcoin’s Exchange Supply Has Gone Down While Ethereum’s Has Risen According to data from the on-chain analytics firm Santiment, the Supply on Exchanges metric has dropped to the lowest level since December 2021 […]
Bitcoin miner Bitfarms is set to expand its operations in the US by leasing a site in Sharon, Pennsylvania, and deploying miners that can output 600 PH/s of hashrate. In a June 13 statement, the firm said the site’s initial capacity will be 12 megawatts, with plans to expand to 120 MW by 2025. Bitfarms […]
In 2024, several altcoin projects have secured substantial funding, showcasing growing investor confidence in the cryptocurrency market. These initiatives are also attracting attention for their financial backing and for their potential to drive innovation and efficiency in the industry. Largest Altcoin Fundraises Leading the charge is Monad, which has raised $225 million. This new Layer-1 […]
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