Recently, the EigenLayer team made waves in the crypto community by announcing the launch of EigenDA, the first Available Validator Service, on the Ethereum mainnet. With over 4.1 million ETH already restaked on EigenLayer, the platform has been gaining traction rapidly. In fact, 70% of all new Ethereum validators have chosen to restake on EigenDA
Crypto
Over the past few weekends, the crypto market has remained relatively stable. However, the recent turn of events has led to a sharp decline in Bitcoin’s price, as well as the value of altcoins. This sudden drop can be attributed to various factors, including announcements from key figures at the US Federal Reserve and reports
Bitcoin’s market cap has been a subject of much speculation lately, with some optimistic projections suggesting it could reach $3 trillion after the next halving event. This estimate is based on various factors, including the asset’s recent price performance and industry growth expectations led by influential figures such as Ripple’s CEO. Opinions on Bitcoin’s future
The cryptocurrency market faced a severe correction on April 12, with prices of various digital assets plummeting to multi-week lows. Shiba Inu (SHIB) saw a 6% weekly drop and a 20% decline over the past month. Despite this negative trend, many analysts believe that a significant upswing is on the horizon. Rekt Capital, a prominent
American author and financial educator Robert Kiyosaki recently voiced his agreement with a $2.3 million per Bitcoin (BTC) prediction made by Cathie Wood’s asset management firm, Ark Invest. Kiyosaki expressed his trust in Wood’s opinion, citing her intelligence, and recognized the potential for BTC to reach such a high value under certain circumstances. In February,
The U.S. Securities and Exchange Commission (SEC) has set its sights on Uniswap Labs, the company responsible for operating the largest decentralized exchange (DEX) in the world. This move represents another aggressive action by the regulator against players in the decentralized finance (DeFi) space. Uniswap Labs is not taking this challenge lightly and has expressed
In response to the ever-changing market trends and user demands, Binance, the leading cryptocurrency exchange, has made significant updates to its platform. One of the most recent changes includes the addition of 18 new cryptocurrencies to its loan program, catering to both meme coins and established altcoins. The addition of meme coins such as dogwifhat
Ethereum has been going through a period of sideways consolidation after a drop to the critical support level of $3,000. Currently, the cryptocurrency is trading within a range of $3,000 and $3,700, showing little signs of volatility unless a breakout occurs in either direction. The daily chart analysis reveals Ethereum’s extended consolidation phase after finding
Shiba Inu (SHIB) has recently experienced a price drop, with the token trading at around $0.00002734 at the time of writing. This marks a 3% decline on a daily scale and a 20% drop on a monthly basis. The fluctuating price has left investors uncertain about the future of SHIB, but analysts remain optimistic about
Fred Thiel, the CEO of America’s largest crypto mining firm, Marathon, expressed his view that the recent approvals of spot Bitcoin ETFs have accelerated what would typically have been the post-halving rally in the market. According to Thiel, the ETF approval has attracted significant capital into the market, leading to an earlier price appreciation than