Staking is one of the most important practices in the world of cryptocurrencies. Its historical evolution is narrated below. All blockchains have a consensus mechanism which refers to how the nodes of a decentralized network agree on their state. There are numerous of these mechanisms, but two are fundamental in the cryptocurrency arena: Proof-of-Stake (PoS) […]
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Coinbase Chief Legal Officer Paul Grewal announced via the social media platform X that the company submitted a comprehensive 27-page response, complete with 96 citations, to advocate for approval of the proposed ETP on Grayscale Ether Trust (ETHE). Coinbase, a leading cryptocurrency exchange, formally responded to the Securities and Exchange Commission (SEC) regarding the proposal […]
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Circle, issuer of the USDC stablecoin, has revealed that it will end support for the token on the Tron blockchain. More news below. Circle, the issuer of the USDC stablecoin pegged to the US dollar, has reported that it will end support for the token on the Tron blockchain. In a blog post on February […]
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Krueger’s comments, shared in a post on X, highlighted notable statistics about network activity and Ethereum’s transactional utility. Bitcoin supporter Fred Krueger has recently expressed concerns about Ethereum (ETH) fundamental trends and potential regulatory hurdles. Krueger’s critique highlighted Ethereum’s skyrocketing price, especially its two-year peak recently reached and juxtaposed with declining network usage. Ethereum Utility […]
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Speaking on CNBC’s Squawk Box on February 21, the American businessman said he believes Bitcoin prices will reach $150,000 this year. Fundstrat head of research Tom Lee has reaffirmed his bitcoin price prediction of $150,000, stating that the cryptocurrency could reach that price level this year. He cited three key reasons driving his bullish price […]
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