Earlier this month, ETH plunged to a low of $1,400, however Justin Sun has reaffirmed his commitment to holding his ETH despite the market turbulence. In fact, Sun revealed plans to strengthen ties with Ethereum developers, responding to growing frustration from the community over the EF’s perceived shortcomings. In a clear vote of confidence in [&
AI Token Boom: FET Soars 13%, Is $0.80 the Next Target?
FET has risen by 13% in the past week, after a robust rebound from a weak Q1, as experts cite a bullish break of a falling wedge pattern. According to World Of Charts, FET has set its sights on key resistance levels at $0.57 and $0.80 if the momentum continues to rise. AI tokens have […]
Aptos Eyes 3% Staking Rewards Cut Over 90 Days to Boost Development
MoonSheisty, a member of the Aptos community, proposed a slashing of staking rewards for the network’s native token, Aptos, by almost 50%. According to MoonSheisty, high-stakes rewards on Aptos can incentivize token locking but may limit user interest in high-reward options like restaking. The Aptos community is debating a new governance proposal,
Flare Network Hits 67% Delegation and Staking Milestone
Over 67% of the FLR circulating supply is now securing the network through staking and delegation. No single provider controls more than 3.3%, ensuring strong decentralization within the Flare ecosystem. Flare Network has made another surprise. This time, the network has managed to set a new record in terms of staking participation and FLR token [&
The Impact of Altcoin Unit Bias on Crypto Beginners: Insights from Samson Mow
In the world of cryptocurrencies, there is a concept called “altcoin unit bias” that may put participants at a disadvantage compared to Bitcoin. This idea, as explained by Samson Mow, highlights the psychological tendency for people to prefer owning whole units of digital assets, leading them to overlook the potential of fractional ownership. Mow,
Uniswap Founder Criticizes Ethereum’s Scaling Confusion
Hayden Adams urges Ethereum to stay committed to Layer 2 scaling instead of chasing Layer 1 models. Ethereum’s low transaction fees boost activity, but experts remain split on its future direction. Uniswap founder Hayden Adams has again stolen the spotlight after joining a heated debate about the future of Ethereum’s scalability. He firmly stated t
Crypto and DeFi Hit Critical Mass, BIS Sounds the Alarm
BIS warns crypto and DeFi have reached a critical mass, posing risks to global financial stability. DeFi sees regulatory pushback and internal reforms as BIS urges compliance with risk controls. The Bank for International Settlements (BIS) has released a report that has many eyes in the financial industry looking at crypto and DeFi. The point? [&he
Top Exec Calls Out BIS for Misconceptions: Crypto Is Not Communism
The Bank for International Settlements (BIS) recently released a report highlighting the perceived dangers of cryptocurrencies. The President of CoinFund, Jake Brukhman, offered his perspective on these concerns. He mentioned that while risks do exist in the crypto market, they are not as severe as some may believe. According to Brukhman, the BIS r
Is the Crypto Industry Facing Regulatory Capture? Insights from a Leading Attorney
The cryptocurrency sector is not falling prey to regulatory capture, debunking common misconceptions about its operations. Despite concerns raised by various stakeholders, the industry remains vigilant in addressing regulatory challenges and maintaining its independence. Many fear that regulatory bodies may be heavily influenced by powerful players
Analyst Says Bitcoin Price Might Be Gearing Up For Next Big Move — What To Know
The Bitcoin price seems stuck in a consolidation range, ricocheting off the $83,000 and $86,000 levels over the past week. With no clear direction for the premier cryptocurrency, investors are left wondering what phase the market cycle is in—bullish or bearish. According to a popular crypto analyst on the social media platform X, the Bitcoin [&hell