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Farcaster, the blockchain-based challenger of social media platform X, reportedly may introduce its own token.
The Ethereum (ETH)-based decentralized social network Farcaster allows users to create profiles, make posts called “casts” and follow others.
The platform also gives users the ability to store their data on-chain and showcase their non-fungible tokens (NFTs).
According to Fortune,...
A Bloomberg exchange-traded fund (ETF) expert says that spot market Ethereum (ETH) ETFs can be expected in the US by early July.
In a new thread on the social media platform X, senior ETF analyst Eric Balchunas says ETH-based ETFs may be approved by July 2nd after it was found out that the U.S. Securities and Exchange Commission (SEC) responded to S-1 filings by several marquee financial firms....
The biggest whales on the Ethereum network currently hold an all-time high of $241.635 billion in ETH, according to the newest on-chain data.
According to crypto analytics firm Santiment, the 100 largest non-exchange Ethereum whales hold a record high of 68.39 million ETH tokens, while exchange wallets have declined.
“The top 100 Ethereum wallets on exchanges recently fell below its May 2018 all...
A widely followed crypto analyst says that investors shouldn’t expect altcoin season until the Federal Reserve makes its next move.
In a new video update, crypto strategist Benjamin Cowen tells his 802,000 YouTube subscribers that altseason likely won’t happen until the Fed loosens monetary policy and cuts interest rates.
According to Cowen, in the last cycle, altcoins outperformed Bitcoin (BTC...
Billionaire venture capitalist Chamath Palihapitiya says economic conditions will force Fed Chair Jerome Powell to cut rates more than once.
In a new episode of the All-In Podcast, Palihapitiya says he expects the economy to shrink based on data that Americans have spent all their savings.
According to the Social Capital CEO, people relying on their savings are now driven to find jobs, but most...
Popular on-chain analyst Willy Woo is breaking down the drivers powering the current Bitcoin (BTC) drawdown.
Woo tells his 1.1 million followers on the social media platform X that Bitcoin OGs, or early, long-term BTC holders, are heavily unloading their stacks.
The analyst shares a chart showing that BTC’s coin days destroyed metric is on a steep rise, suggesting that long-dormant coins are...
The native token for a Solana (SOL)-based non-fungible token (NFT) platform surged by nearly 30% this week, defying the wider crypto market doldrums.
Metaplex (MPLX), which aims to facilitate the creation, sale and management of NFTs, clocked price gains this week after it drew attention to its swelling on-chain activity.
The project notes on the social media platform X that 834,000 unique...
One of the largest banks in the US says it has suffered a security breach as a notorious hacker claims sensitive data on thousands of account holders is now for sale.
North Carolina-based lender Truist Bank just confirmed its systems were breached in October, reports tech news site Bleeping Computer.
The confirmation comes after the hacker pseudonymously known as Sp1d3r claimed it’s selling a...
94% of Central Banks Are Exploring CBDCs, According to New Bank for International Settlements Survey
A new survey from the Bank for International Settlements (BIS) suggests that most central banks are now exploring the possibility of issuing their own digital currencies (CBDCs).
The BIS surveyed 86 different central banks, with 94% of the respondents noting that they were involved in some form of CBDC work last year.
The central bank umbrella organization notes that most respondents were...
New York Attorney General Letitia James is settling with crypto exchange Gemini over fraud allegations for $50 million.
In a new press release, James says she’s recovered $50 million worth of digital assets on behalf of 230,000 investors allegedly defrauded through Gemini’s Earn program, which had the firm partnering up with crypto lender Genesis to provide staking rewards.
However, Genesis...