In a significant development for the Ethereum ecosystem, the Eigen Foundation has recently pledged 1% of its EIGEN token supply to the Protocol Guild, a consortium focused on funding research and development (R&D) within Ethereum Layer 1. This move underscores a strategic effort to enhance the decentralized nature of Ethereum while ensuring a sustainable environment
Crypto
In the rapidly evolving world of cryptocurrencies, Ethereum has solidified its place as the primary blockchain for Tether’s USDT, significantly outpacing Tron in a paradigm shift that is reshaping the stablecoin landscape. This trend marks a critical juncture for Tether, which recently issued a staggering $20 billion in USDT on the Ethereum network within a
As Ethereum continues to fluctuate within the critical price range of $3,500 to $4,000, traders are closely monitoring this trading corridor. Recently, the digital currency found a robust support level near $3,500, leading to a resurgence of buying pressure. The persistence of this price point indicates not only a psychological anchor for traders but also
World Liberty Financial (WLFI) has emerged onto the decentralized finance (DeFi) landscape with considerable fanfare, making a substantial mark with its $12 million acquisition, which was fueled by USD Coin (USDC). This bold initiative, bolstered by backing from President-elect Donald Trump, aims to reshape the DeFi ecosystem by allowing users to engage in borrowing, lending,
In a rapidly changing economic environment, Bitcoin’s recent performance has captured the attention of investors worldwide. After months of bullish momentum, the cryptocurrency experienced a brief setback at the beginning of November. This temporary dip, lasting just two days, does not overshadow Bitcoin’s astonishing rise from $68,000 to over $100,000 in a span of around
As cryptocurrencies continue to proliferate, so too do the schemes aimed at exploiting unsuspecting investors. A concerning trend has emerged, where scammers have escalated their tactics, deploying sophisticated methods to impersonate respected figures in the crypto space. This new wave of scams often involves clever social engineering, leveraging platforms like X (formerly Twitter) to draw
Bitcoin has been on a rollercoaster ride lately, asserting its dominance in the cryptocurrency market. The primary digital asset recently experienced a significant correction, dipping below the $94,500 threshold. This dip, however, was short-lived, as Bitcoin swiftly rebounded to levels close to $99,000. The remarkable resilience demonstrated by Bitcoin during this volatile period has drawn
Binance, the world’s leading cryptocurrency exchange, has made waves in the market again, announcing the delisting of several trading pairs, notably including the frog-themed meme coin, Pepe (PEPE). With the delistings set to take effect on December 13, this decision has sent shockwaves through the cryptocurrency community, particularly impacting PEPE and two other altcoins—DCR and
Bitcoin has once again proven to be a volatile player in the cryptocurrency arena, presenting traders with both challenges and opportunities. Just yesterday, BTC experienced dramatic price fluctuations, which have become synonymous with its trading history. After plummeting to a low of $94,400, the digital asset has made a notable recovery, currently resting just below
In the ever-evolving landscape of cryptocurrency, Toncoin (TON) recently showcased a promising performance following a robust November. However, the enthusiasm surrounding its ascent has faced notable headwinds as a cautious sentiment has emerged among investors. The shifting dynamics have led to a significant decline in wallet profitability, raising crucial questions about the sustainability of Toncoin’s