Author: cointechies
Ethereum could handle more transactions and run faster if most of them were processed at the same time, according to a new study. A new study shows that nearly 65% of Ethereum’s transactions could be processed simultaneously, potentially making the network much faster. In a blog post on Friday, analysts at layer-1 network Sei (SEI) revealed that many Ethereum transactions are non-dependent and could occur concurrently, allowing the network to process more transactions and improve its speed. Currently, Ethereum processes transactions one after another, also known as sequential processing. For example, if someone sends 1 (ETH) to one person and…
US Congressman French Hill is ready to prioritize crypto regulation, particularly the FIT21 Act and the stablecoin law, by next year. Crypto enthusiasts are optimistic about the potential of the emerging asset under the incoming administration in the United States. In 2025, regulators will have another opportunity to pass regulation for the crypto industry. Hill will prioritize crypto regulation next year Interestingly, Rep. French Hill, the representative from Arkansas, has announced plans to prioritize crypto legislation, particularly the Stablecoin Act and the FIT21 Act, next year. By comparison, Hill will lead the House Financial Services Committee of Congress and lead…
Aethir and Injective’s partnership makes high-performance GPU resources more accessible and drives innovation in AI and blockchain. Aethir (ATH), a leading provider of high-performance computing infrastructure, and Injective (INJ), a well-known decentralized exchange platform, have partnered to launch the world’s first tokenized GPU marketplace. HPC is the use of powerful computer systems and networks to quickly process massive amounts of data, often required for complex tasks such as scientific simulations and artificial intelligence development. Aethir x Injective: GPU computing, tokenized.We work together with @injective to launch the first-ever tokenized GPU marketplace, opening up a whole new way to access and…
Several veteran analysts and industry leaders believe that a Bitcoin crash to pre-Donald Trump victory price levels is possible. Bitcoin’s remarkable rise from $66,000 on November 4th to one All-time high of $108,000 Massive volatility followed on December 17th. Since then, the asset has plummeted to $96,000 due to market uncertainty. As the downtrend continues, analyst Ali Martinez has highlighted the possibility of Bitcoin crashing to the $70,000 mark. To drive this point home, he specifically cited his previous analyzes and those of other industry veterans. Market veterans insist a deeper Bitcoin crash is still possible He Attention attracted to…
Solana-based meme coin Bonk continued its downward trend despite the project recently burning 1.69 trillion BONK tokens. On December 26, over 1.8% of BONK’s total supply, representing 1.69 trillion tokens valued at over $51 million, was sold as part of the dog-themed meme coin’s collaborative holiday token burn event called ” BURNmas” burnt. Based on community participation in Burnmas, the amended vote passed and amounts to 1.69 trillion $BONK was burned out of the @bonk_dao MultisigThe overall offer $BONK has now dropped from the original 100 trillion to 91 trillion tokens ❗️❗️❗️#LetsBONK– BANNED!!! (@bonk_inu) December 26, 2024 Originally proposed in…
Bitwise is filing for a new exchange traded fund (ETF), the Bitcoin Standard Corporations ETF, that may mirror the S&P 500. Specifically, this new investment product will track companies that adopt Bitcoin as a core treasury asset. Bitwise has notified the SEC of its intent for this product. The market launch is planned for 2025. The ETF aims to invest in companies that have integrated the “Bitcoin standard” by holding significant Bitcoin reserves in their treasuries. Tracking Bitcoin-heavy companies As part of its principal investment strategies, the ETF will invest at least 80% of its assets in securities within the…
Russian companies have begun using Bitcoin and other digital currencies to settle cross-border commercial transactions, marking a significant shift in the country’s approach to circumventing Western financial restrictions, Russian Finance Minister Anton Siluanov announced on Wednesday. Siluanov told state broadcaster Rossiya-24 that companies will benefit from newly introduced legislative changes that allow the use of cryptocurrencies for international payments. According to the finance minister, Bitcoins mined in Russia can be used in this “experimental process,” a move that he believes should be expanded and further developed in the coming year. Tough sanctions Western sanctions have significantly complicated Russia’s trade relations,…
Singapore-based crypto exchange BingX has launched the ALTCOIN Index, the first futures index to include altcoins such as ETH, XRP, SOL and DOGE. BingX’s new ALTCOIN index offers users the ability to monitor current market trends for multiple altcoins displayed in one index. According to BingX’s press release, the index will include some of the top cryptocurrencies by market capitalization, excluding Bitcoin (BTC) and stablecoins. The ALTCOIN index includes ETH (ETH), XRP (XRP), SOL (SOL), BNB, DOGE, ADA, TRX, AVAX and SHIB. The index allows users to track trends and price changes without having to purchase individual tokens or ETFs.…
A few days after announcing its adoption of the Bitcoin reserve plan, Kurl Technology opened its reserve exchange with purchases worth millions. In one Press release Yesterday, the California-based energy management company announced that it had acquired 217 BTC worth $21 million. Kurl said the company purchased the stock at an average price of $96,556 and took advantage of the recent decline to keep the blue-chip asset in the sub-six-figure range. As with most Bitcoin spot exchange-traded funds (ETFs), Kurl Technology Group has chosen to do so Coinbase to store your Bitcoin. Kurl welcomes the Bitcoin reserve plan Meanwhile, the…
Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. The crypto market could see a surge in meme-based coins in 2025 that combine humor with innovation to captivate communities and investors alike. The crypto scene could see notable changes in 2025, with certain meme-based coins pointing to huge growth. These unique digital currencies, fueled by internet culture and community enthusiasm, may be on the cusp of significant leaps. Discover five of these intriguing tokens that could potentially have a notable impact on the market and attract significant attention.…