Layer 2 tokens soar as Ethereum prepares for Dencun upgrade
Cryptopolitan (RSS)
Gnosis, a prominent player in the blockchain industry, has announced the successful launch of the Dencun upgrade on the Gnosis mainnet. This upgrade, slated to go live on Wednesday, March 13th, is poised to revolutionize the Ethereum network. With the adoption of proto-dank sharding, the upgrade promises enhanced efficiency and security, marking a significant milestone in Ethereum’s evolution.
Impact on Ethereum Layer 2 tokens
The Dencun upgrade has sparked interest in Ethereum Layer 2 (L2) tokens. These tokens are built atop the Ethereum blockchain but process transactions on a separate layer, so they stand to benefit from the upgrade’s increased scalability. Analysts anticipate a substantial reduction in transaction fees on Ethereum Layer-2s, potentially up to tenfold, making them more appealing to ...
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Cryptopolitan (RSS)
Gnosis, a prominent player in the blockchain industry, has announced the successful launch of the Dencun upgrade on the Gnosis mainnet. This upgrade, slated to go live on Wednesday, March 13th, is poised to revolutionize the Ethereum network. With the adoption of proto-dank sharding, the upgrade promises enhanced efficiency and security, marking a significant milestone in Ethereum’s evolution.
Impact on Ethereum Layer 2 tokens
The Dencun upgrade has sparked interest in Ethereum Layer 2 (L2) tokens. These tokens are built atop the Ethereum blockchain but process transactions on a separate layer, so they stand to benefit from the upgrade’s increased scalability. Analysts anticipate a substantial reduction in transaction fees on Ethereum Layer-2s, potentially up to tenfold, making them more appealing to ...
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Alan Wake 2: What’s Next for the Thriller Saga?
Cryptopolitan (RSS)
The gaming world buzzed last year with the release of “Alan Wake 2,” a game that snagged numerous Game of the Year nods. Known for its wild visuals and deep story, the latest chapter didn’t disappoint, delivering a mix of mystery and action that fans loved. Now, with DLC on the horizon, all eyes are on Remedy Entertainment for their next move in this twisted tale.
Sam Lake caps off DLC filming
A big reveal came from Sam Lake, the creative mind behind the game’s memorable characters. On Twitter, Lake announced he finished motion capture work for the upcoming “Alan Wake 2” DLC. Though he’s done playing Alex Casey, a key figure in the story, details about the DLC remain under wraps. This hasn’t stopped fans from guessing, especially after Courtney Hope, known for her role in “Control,” teased her involvement, sparking rumors of a crossover.
Despite Lake ending his role, anticipation builds on what these DLC packs will ...
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Cryptopolitan (RSS)
The gaming world buzzed last year with the release of “Alan Wake 2,” a game that snagged numerous Game of the Year nods. Known for its wild visuals and deep story, the latest chapter didn’t disappoint, delivering a mix of mystery and action that fans loved. Now, with DLC on the horizon, all eyes are on Remedy Entertainment for their next move in this twisted tale.
Sam Lake caps off DLC filming
A big reveal came from Sam Lake, the creative mind behind the game’s memorable characters. On Twitter, Lake announced he finished motion capture work for the upcoming “Alan Wake 2” DLC. Though he’s done playing Alex Casey, a key figure in the story, details about the DLC remain under wraps. This hasn’t stopped fans from guessing, especially after Courtney Hope, known for her role in “Control,” teased her involvement, sparking rumors of a crossover.
Despite Lake ending his role, anticipation builds on what these DLC packs will ...
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Nibiru Chain Debuts Public Mainnet Along with Four Major Exchange Listings
Cryptopolitan (RSS)
Tortola, British Virgin Islands, March 12th, 2024, Chainwire
Nibiru Chain, a developer and user-centric Layer 1 platform, has officially launched its public mainnet. Nibiru Chain stands out by offering a secure and efficient environment for building highly-performant decentralized applications. It is distinguished by its robust smart contract ecosystem offering superior throughput and unparalleled security, making it the go-to platform for builders in gaming, real-world assets (RWAs), NFTs, DeFi, and more.
Empowering Users with a Rich Ecosystem
At launch, Nibiru Chain offers a wide range of functionalities to its community and prospective builders. Users can engage in staking with NIBI validators and participate in decentralized governance. Nibiru Chain will also introduce competit...
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Cryptopolitan (RSS)
Tortola, British Virgin Islands, March 12th, 2024, Chainwire
Nibiru Chain, a developer and user-centric Layer 1 platform, has officially launched its public mainnet. Nibiru Chain stands out by offering a secure and efficient environment for building highly-performant decentralized applications. It is distinguished by its robust smart contract ecosystem offering superior throughput and unparalleled security, making it the go-to platform for builders in gaming, real-world assets (RWAs), NFTs, DeFi, and more.
Empowering Users with a Rich Ecosystem
At launch, Nibiru Chain offers a wide range of functionalities to its community and prospective builders. Users can engage in staking with NIBI validators and participate in decentralized governance. Nibiru Chain will also introduce competit...
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Insights from Ripple CTO: XRP’s volatility and AMMs in cryptocurrency investment
Cryptopolitan (RSS)
In a recent statement, Ripple’s Chief Technology Officer, David Schwartz, addressed queries regarding the XRP token’s appreciation potential and its role in passive income generation. The discourse comes at a time when the crypto community actively discusses the XRP Ledger’s automated market maker (AMM) and its implications.
XRP’s volatility and long-term appreciation
Schwartz highlighted XRP as a high-volatility asset, similar to many other cryptocurrencies. However, he noted a gradual appreciation pattern in XRP over the past 12 years, drawing parallels to Bitcoin’s long-term behavior. By likening XRP’s trajectory to Bitcoin’s, Schwartz aimed to address concerns within the community about XRP’s perceived lack of gradual appreciation.
Schwartz emphasized the potential of AMMs in leveraging cryptocurr...
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Cryptopolitan (RSS)
In a recent statement, Ripple’s Chief Technology Officer, David Schwartz, addressed queries regarding the XRP token’s appreciation potential and its role in passive income generation. The discourse comes at a time when the crypto community actively discusses the XRP Ledger’s automated market maker (AMM) and its implications.
XRP’s volatility and long-term appreciation
Schwartz highlighted XRP as a high-volatility asset, similar to many other cryptocurrencies. However, he noted a gradual appreciation pattern in XRP over the past 12 years, drawing parallels to Bitcoin’s long-term behavior. By likening XRP’s trajectory to Bitcoin’s, Schwartz aimed to address concerns within the community about XRP’s perceived lack of gradual appreciation.
Schwartz emphasized the potential of AMMs in leveraging cryptocurr...
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From Months to Weeks: How AI is Speeding Up the Future of Proteins
Cryptopolitan (RSS)
California-based synthetic biology company Tierra Biosciences is shaking up the protein development landscape with its innovative AI-guided platform.
Using AI technology, the company created a new platform that promises to significantly accelerate the creation of custom proteins, potentially impacting various sectors like pharmaceuticals, agriculture, and industrial applications.
AI Quickens Custom Protein Production
Traditionally, developing new proteins involves using living cells, a process known for its slow pace and inefficiencies. Tierra challenges this paradigm with its cell-free technology. It reportedly uses a method that bypasses living cells and offers a streamlined approach, reducing development timelines from months to mere weeks.
“People making proteins today have to order DNA, and then they have to transect living cells. And there’s a lot to do to keep the cells alive,” said Tierr...
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Cryptopolitan (RSS)
California-based synthetic biology company Tierra Biosciences is shaking up the protein development landscape with its innovative AI-guided platform.
Using AI technology, the company created a new platform that promises to significantly accelerate the creation of custom proteins, potentially impacting various sectors like pharmaceuticals, agriculture, and industrial applications.
AI Quickens Custom Protein Production
Traditionally, developing new proteins involves using living cells, a process known for its slow pace and inefficiencies. Tierra challenges this paradigm with its cell-free technology. It reportedly uses a method that bypasses living cells and offers a streamlined approach, reducing development timelines from months to mere weeks.
“People making proteins today have to order DNA, and then they have to transect living cells. And there’s a lot to do to keep the cells alive,” said Tierr...
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MetaMask and Mastercard Unite to Launch On-Chain Payment Card.
Cryptopolitan (RSS)
MetaMask, a leading cryptocurrency wallet, is pioneering the integration of blockchain technology into everyday financial transactions through its collaboration with Mastercard.
The partnership marks a significant milestone in the fusion of traditional finance and the burgeoning world of cryptocurrencies. The initiative involves the testing of a groundbreaking payment card, entirely based on blockchain technology, and represents a bold step towards the realization of a decentralized financial ecosystem accessible to the masses.
Bridging Traditional Finance and Crypto with an On-Chain Payment Card
The collaboration between MetaMask and Mastercard has led to the development of an innovative payment solution: a Mastercard payment card that operates entirely on-chain. The venture is facilitated by Baanx, which issue...
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Cryptopolitan (RSS)
MetaMask, a leading cryptocurrency wallet, is pioneering the integration of blockchain technology into everyday financial transactions through its collaboration with Mastercard.
The partnership marks a significant milestone in the fusion of traditional finance and the burgeoning world of cryptocurrencies. The initiative involves the testing of a groundbreaking payment card, entirely based on blockchain technology, and represents a bold step towards the realization of a decentralized financial ecosystem accessible to the masses.
Bridging Traditional Finance and Crypto with an On-Chain Payment Card
The collaboration between MetaMask and Mastercard has led to the development of an innovative payment solution: a Mastercard payment card that operates entirely on-chain. The venture is facilitated by Baanx, which issue...
View original post
Shaping the Future of Finance: Hong Kong’s Regulatory Framework for Stablecoin Issuers
Cryptopolitan (RSS)
In an era where the digital economy and traditional financial systems are becoming increasingly intertwined, the Hong Kong Monetary Authority (HKMA) is taking proactive steps to establish a regulatory framework for stablecoin issuers within the region.
Recognizing the potential risks and opportunities presented by the burgeoning virtual asset market, the HKMA’s initiative aims to ensure a balanced approach that fosters innovation while safeguarding financial stability. This article delves into the details of the HKMA’s regulatory endeavors, the introduction of a sandbox arrangement, and the broader implications for the stablecoin industry in Hong Kong.
HKMA’s Regulatory framework for Stablecoins
As virtual assets continue to gain traction globally, the need for comprehensive regulatory oversight becomes paramount. The HKMA is at the forefront of this movement, working diligent...
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Cryptopolitan (RSS)
In an era where the digital economy and traditional financial systems are becoming increasingly intertwined, the Hong Kong Monetary Authority (HKMA) is taking proactive steps to establish a regulatory framework for stablecoin issuers within the region.
Recognizing the potential risks and opportunities presented by the burgeoning virtual asset market, the HKMA’s initiative aims to ensure a balanced approach that fosters innovation while safeguarding financial stability. This article delves into the details of the HKMA’s regulatory endeavors, the introduction of a sandbox arrangement, and the broader implications for the stablecoin industry in Hong Kong.
HKMA’s Regulatory framework for Stablecoins
As virtual assets continue to gain traction globally, the need for comprehensive regulatory oversight becomes paramount. The HKMA is at the forefront of this movement, working diligent...
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Regulatory hurdles ahead: Grayscale files for tax-free Bitcoin trust
Cryptopolitan (RSS)
Grayscale, the renowned digital asset management firm, has made significant strides in expanding its cryptocurrency investment offerings with the recent filing of a new ‘mini version’ of its Grayscale Bitcoin Trust (GBTC) exchange-traded fund (ETF).
This initiative marks a pivotal development in providing investors with tax-efficient exposure to Bitcoin, potentially reshaping the landscape of cryptocurrency investment vehicles.
Grayscale’s tax-free Bitcoin Trust set to disrupt ETF market
In a decisive move aimed at diversifying its investment portfolio, Grayscale has submitted an S-1 form to the U.S. Securities and Exchange Commission (SEC) signaling its intent to introduce a new Bitcoin trust.
This trust, under the ticker symbol “$BTC,” is slated to be listed on the New York Stock Exchange, presenting inv...
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Cryptopolitan (RSS)
Grayscale, the renowned digital asset management firm, has made significant strides in expanding its cryptocurrency investment offerings with the recent filing of a new ‘mini version’ of its Grayscale Bitcoin Trust (GBTC) exchange-traded fund (ETF).
This initiative marks a pivotal development in providing investors with tax-efficient exposure to Bitcoin, potentially reshaping the landscape of cryptocurrency investment vehicles.
Grayscale’s tax-free Bitcoin Trust set to disrupt ETF market
In a decisive move aimed at diversifying its investment portfolio, Grayscale has submitted an S-1 form to the U.S. Securities and Exchange Commission (SEC) signaling its intent to introduce a new Bitcoin trust.
This trust, under the ticker symbol “$BTC,” is slated to be listed on the New York Stock Exchange, presenting inv...
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Rochard’s interpretation of the US government’s budget sparks debate over Bitcoin’s future
Cryptopolitan (RSS)
In a recent social media post, Pierre Rochard, Vice President of Research at Riot Platforms (NASDAQ: RIOT), ignited discussions within the cryptocurrency community with his interpretation of President Biden’s 2025 budget. Rochard suggested that the budget’s projections indicate a bullish outlook for Bitcoin, with the White House anticipating a price surge to $250,000 by 2034-2035. However, his claims have faced scrutiny and debate from various quarters.
Controversy surrounding Rochard’s analysis
Rochard’s assertion drew attention to the potential implications for Bitcoin’s future, centering around the US government’s anticipated revenue from digital asset regulation and taxation. While Rochard argued that the budget’s revenue projections indirectly support a bullish trajectory for Bitcoin, ...
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Cryptopolitan (RSS)
In a recent social media post, Pierre Rochard, Vice President of Research at Riot Platforms (NASDAQ: RIOT), ignited discussions within the cryptocurrency community with his interpretation of President Biden’s 2025 budget. Rochard suggested that the budget’s projections indicate a bullish outlook for Bitcoin, with the White House anticipating a price surge to $250,000 by 2034-2035. However, his claims have faced scrutiny and debate from various quarters.
Controversy surrounding Rochard’s analysis
Rochard’s assertion drew attention to the potential implications for Bitcoin’s future, centering around the US government’s anticipated revenue from digital asset regulation and taxation. While Rochard argued that the budget’s revenue projections indirectly support a bullish trajectory for Bitcoin, ...
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Ethereum Rich List Revealed
CoinGape (RSS)
Following Bitcoin’s price surge and crossing ATH value, Ethereum has succeeded in crossing the $4K mark recently as well, and with the Ethereum list out, it’s clear who the top holders are.
Over the last two months, Ethereum has progressed bullishly, surging over 61% in a month. The crypto market is highly greedy, pushing cryptocurrencies up, including ETH. At this rate, Ethereum might be able to hit the ATH in the next few months.
Top Holders In The Ethereum Rich List
The list of the top 100 wealthiest Ethereum addresses is out, which has disclosed the information addresses information, quantity, total percentage of holding, and any changes in the seven days. There are 261,152,335 holders of Ethereum, where the top 10% are responsible for 43.55% of the total ETH amount, whereas the top 100 holders are responsible for only 55.73%...
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CoinGape (RSS)
Following Bitcoin’s price surge and crossing ATH value, Ethereum has succeeded in crossing the $4K mark recently as well, and with the Ethereum list out, it’s clear who the top holders are.
Over the last two months, Ethereum has progressed bullishly, surging over 61% in a month. The crypto market is highly greedy, pushing cryptocurrencies up, including ETH. At this rate, Ethereum might be able to hit the ATH in the next few months.
Top Holders In The Ethereum Rich List
The list of the top 100 wealthiest Ethereum addresses is out, which has disclosed the information addresses information, quantity, total percentage of holding, and any changes in the seven days. There are 261,152,335 holders of Ethereum, where the top 10% are responsible for 43.55% of the total ETH amount, whereas the top 100 holders are responsible for only 55.73%...
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Breaking: Grayscale Files for Bitcoin Mini Trust (BTC) with SEC
CoinGape (RSS)
Grayscale Investments has officially filed with the U.S. Securities and Exchange Commission (SEC) for permission to launch a new investment product termed the Grayscale Bitcoin Mini Trust. This move offers investors a lower fee structure than its current Grayscale Bitcoin Trust (GBTC), which manages assets worth approximately $28 billion.
Introduction of the Bitcoin Mini Trust
The planned Grayscale Bitcoin Mini Trust is meant to appeal to investors by providing a cost-saving investment tool. By moving some of GBTC’s assets into this new trust, Grayscale aims to offer a smooth handover for current GBTC shareholders to the Mini Trust with no capital gains tax.
This strategic approach addresses one of GBTC investors’ critical concerns of...
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CoinGape (RSS)
Grayscale Investments has officially filed with the U.S. Securities and Exchange Commission (SEC) for permission to launch a new investment product termed the Grayscale Bitcoin Mini Trust. This move offers investors a lower fee structure than its current Grayscale Bitcoin Trust (GBTC), which manages assets worth approximately $28 billion.
Introduction of the Bitcoin Mini Trust
The planned Grayscale Bitcoin Mini Trust is meant to appeal to investors by providing a cost-saving investment tool. By moving some of GBTC’s assets into this new trust, Grayscale aims to offer a smooth handover for current GBTC shareholders to the Mini Trust with no capital gains tax.
This strategic approach addresses one of GBTC investors’ critical concerns of...
View original post
Bitcoin Whales With Over 1000 BTC Cash Out Profits, A Correction Ahead?
CoinGape (RSS)
Bitcoin (BTC), the world’s largest crypto, recently witnessed an impeccable surge and extended beyond $72,000 with a new all-time high. However, significant long liquidations have been noted for Bitcoin amid the price rally. Moreover, crypto analysts have also pointed toward a major correction in future.
Bitcoin Whales Cash Out Profits
According to an observation by Ali Martinez, a popular crypto analyst on X platform, Bitcoin whale addresses have been aggressively cashing out profits. He referred to a screenshot from Glassnode and noted that the number of Bitcoin whale addresses with over 1,000 BTC has been declining. In the last two weeks, the number of these Bitcoin whale addresses has plunged by 4.83%.
The major liquidations could lead to a massive pullback in Bitcoin price. Moreover, $29.40 million worth of...
View original post
CoinGape (RSS)
Bitcoin (BTC), the world’s largest crypto, recently witnessed an impeccable surge and extended beyond $72,000 with a new all-time high. However, significant long liquidations have been noted for Bitcoin amid the price rally. Moreover, crypto analysts have also pointed toward a major correction in future.
Bitcoin Whales Cash Out Profits
According to an observation by Ali Martinez, a popular crypto analyst on X platform, Bitcoin whale addresses have been aggressively cashing out profits. He referred to a screenshot from Glassnode and noted that the number of Bitcoin whale addresses with over 1,000 BTC has been declining. In the last two weeks, the number of these Bitcoin whale addresses has plunged by 4.83%.
The major liquidations could lead to a massive pullback in Bitcoin price. Moreover, $29.40 million worth of...
View original post
Ethereum Price Prediction: 3 Factors Why ETH Approaching $5,000 As ETF Hope Dwindles
CoinGape (RSS)
Ethereum price prediction: The token powering the most prominent smart contracts ecosystem in the industry, ETH, is not slowing down the run to new highs. As Bitcoin achieved a new all-time high (ATH) of $72,710 on March 11, Ethereum price ascended above $4,000 for the first time since December 2021.
Investors are hopeful for new all-time highs this week, considering Ethereum price at $4,030. Establishing higher support above $4,000 would prop the token for the next move up amid positive sentiment and an upcoming protocol upgrade.
Beyond the generally positive market sentiment, several unique factors enhance Ethereum’s outlook. This analysis will delve into some of the key market movers and anchors investor...
View original post
CoinGape (RSS)
Ethereum price prediction: The token powering the most prominent smart contracts ecosystem in the industry, ETH, is not slowing down the run to new highs. As Bitcoin achieved a new all-time high (ATH) of $72,710 on March 11, Ethereum price ascended above $4,000 for the first time since December 2021.
Investors are hopeful for new all-time highs this week, considering Ethereum price at $4,030. Establishing higher support above $4,000 would prop the token for the next move up amid positive sentiment and an upcoming protocol upgrade.
Beyond the generally positive market sentiment, several unique factors enhance Ethereum’s outlook. This analysis will delve into some of the key market movers and anchors investor...
View original post
Sweden Central Bank Governor Urges Separation of Bitcoin from Nation’s Financial System
CoinGape (RSS)
Bitcoin prices are currently trading at an upside given the ongoing bull run. However, despite the all-time high number, the Sweden Central Bank governor has raised concerns over potential losses in Bitcoin trading. According to a Bloomberg report, Riksbank governor (Swedish central bank) Erik Thedeen aims to keep Bitcoin “away from the country’s financial system”.
Riksbank Governor Warns About Bitcoin
Bloomberg in its report highlights that the governor of Sweden’s central bank has issued a warning about possible losses on Bitcoin trading despite the cryptocurrency’s recent all-time highs. The report also highlights that Erik Thedeen is working to keep Bitcoin trading away from the nation’s financial system.
...
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CoinGape (RSS)
Bitcoin prices are currently trading at an upside given the ongoing bull run. However, despite the all-time high number, the Sweden Central Bank governor has raised concerns over potential losses in Bitcoin trading. According to a Bloomberg report, Riksbank governor (Swedish central bank) Erik Thedeen aims to keep Bitcoin “away from the country’s financial system”.
Riksbank Governor Warns About Bitcoin
Bloomberg in its report highlights that the governor of Sweden’s central bank has issued a warning about possible losses on Bitcoin trading despite the cryptocurrency’s recent all-time highs. The report also highlights that Erik Thedeen is working to keep Bitcoin trading away from the nation’s financial system.
...
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