Crypto

Source: Bitcoinist Franklin Templeton, one of the world’s largest asset management firms, has submitted a proposal to the United States Securities and Exchange Commission (SEC) to issue a spot Solana ETF (exchange-traded fund). The asset manager joins several other applicants in the race to offer a SOL-based investment product to US investors. Franklin Templeton To…

Source: Coin Tegraph Ethereum core developer Tim Beiko says that despite growing calls for an Ethereum network rollback, it is “technically intractable.” Read Full Article

Source: Bitcoinist Bybit, a popular crypto exchange, is reeling from the massive hack worth $1.5 billion in digital assets. According to reports, the hackers targeted the crypto exchange’s cold wallet, an offline storage system, to steal the exchange’s assets, primarily Ether. On-chain data reveals that the stolen funds were quickly transferred into different wallets and…

Source: Coin Tegraph Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Read Full Article

Source: Bitcoinist Following a brief ascent above $99,000 on Friday, the Bitcoin market experienced a negative end to the past trading week as prices crashed below $96,000 in a sharp descent. Based on these happenings, the premier cryptocurrency remains in consolidation with little indication of its long-term price movement. Notably, blockchain analytics firm Glassnode has…

Source: Bitcoinist Ethereum is trading below the $2,700 mark after days of struggling to reclaim it and push above $2,800. Bulls have been unable to gain momentum, and selling pressure has kept ETH below key resistance levels. On Friday, the market was hit with negative news as Bybit, one of the top crypto exchanges, was…

Source: Bitcoinist VanEck has announced a bold prediction that Bitcoin will play a critical role in managing the United States’ rising national debt. The study, based on Senator Cynthia Lummis’ proposed Bitcoin Act, shows that a strategic Bitcoin reserve may partially balance the country’s debt by 2049. But how feasible is this concept? The Potential…

Source: Coin Tegraph Following the Lazarus hack, an online debate erupted about potentially rolling back the Ethereum blockchain to invalidate the stolen funds. Read Full Article

Source: Bitcoinist Bitcoin has experienced a quiet week, with price action stuck in a narrow range between $95K and $100K. Bulls have struggled to reclaim the $100K mark, while bears have failed to break the $95K support, leading to uncertainty about the next major move. However, fear and volatility spiked on Friday after the cryptocurrency…

Source: Bitcoinist On-chain data shows the Bitcoin miners will have an easier time starting Sunday as the network Difficulty is set to see a correction. Bitcoin Mining Difficulty Will Drop In Upcoming Adjustment The “Difficulty” refers to a feature built into the Bitcoin blockchain that controls how hard the miners would find it to mine…