Ethereum Shows Recovery: Is This Rally Sustainable?

Ethereum has been making a fresh attempt at recovery recently. Here’s what on-chain data suggests regarding if this run can be sustainable or not. Ethereum Network Growth And Utility Have Both Gone Up Recently According to data from the on-chain analytics firm Santiment, the ETH blockchain has displayed an encouraging trend in Daily Active Addresses

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FTX debtors scrap reboot plans

Lawyers representing FTX in its bankruptcy told a court Wednesday that the former exchange will repay customers in full

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The initial testnet launch of a Layer 2 Bitcoin staking solution featuring a built-in ‘social network’ with inherent yield capabilities has been rolled out. First Bitcoin Staking L2 with Native Yield ‘Social Network’ Launches Testnet

Social Network’s testnet release marks the formal debut of the first decentralized Bitcoin Layer 2 Staking Protocol with Native Yield. The protocol finally unlocks the potential for decentralized social networks on Bitcoin by addressing the network’s scalability, cost-effectiveness, and environmental sustainability. Top testnet contributors will get ‘Taproot Farmers,’ a unique

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Shiba Inu’s Shibarium Supports More Than 320 Million Transactions While Shiba Inu Token Shows Bullish Trading Indication Shiba Inu: Shibarium Facilitates Over 320 Million Transactions as SHIB Flashes Buy Signal

The Shibarium Layer-2 network has facilitated over 320 million total transactions while aiming to substantially lower Ethereum-imposed fees, limiting adoption. The mounting developer imprint comes as SHIB prices exhibit early signs of bottoming out following an 85% crash since 2022’s heights. The token has lifted 11% off recent swing lows

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Bitcoin Soars to Unprecedented Peak Compared to New York Community Bancorp Bitcoin Blasts To New Record High Against New York Community Bancorp

New York Community Bancorp, Inc. (NYSE: NYCB) shares plummeted by 45% today after a dividend cut and an unexpected loss on earnings. And as history has proven, when banks are bleeding, Bitcoin often is a beneficiary. This time is no different, with BTCUSD making new record highs against the NYCB stock price. New York Community

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Argentina: Milei Revokes Tax Breaks for Cryptocurrency Transactions Argentina: ‘Pro-Bitcoin’ Milei Cancels Crypto Tax Exemptions

In a recent legislative shift, Argentine President Javier Milei, together with Economy Minister Luis Caputo, has effectively canceled proposed tax exemptions for cryptocurrencies, altering a key component of the ‘Bases and Starting Points for the Freedom of Argentines’ bill. This decision marks a significant deviation from Argentina’s previously more favorable stance towards Bitcoin and digital

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XRP Falls Below Crucial Points Amid Experts Discussing Future Directions. XRP Slides Below Key Levels as Analysts Debate Next Moves

XRP slipped over 5% in the last few hours, violating multiple price floors as bears seized short-term control. The token also fought to hold above the psychologically important $0.51 mark. The breakdown revives downside risks, depending on whether or not crucial support bottles up selling pressure. After spiking briefly on

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