Author: Digicoinvision
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Investment management firm VanEck’s CEO, Jan van Eck, said on Fox Business yesterday that Ethereum (ETH) is very much “the Wall Street token.” His comments come as ETH hovers near a potential new all-time high (ATH), drawing renewed attention from both retail and institutional investors. Ethereum Essential For Stablecoin Transfers In a recent interview with Fox Business, VanEck CEO shared thoughts on ETH’s current momentum – both in terms of price and adoption. The executive said that banks must adopt the smart contract network to facilitate stablecoin…
Key takeaways:Past SOL/BTC golden crosses preceded 1,000% rallies in the SOL/USD pair.Altseason backdrop and nearly $3 billion in new treasury buys boost Solana’s upside case.Solana (SOL) is flashing a rare golden cross versus Bitcoin (BTC), a setup that has historically fueled parabolic rallies in both BTC and US dollar terms.Previous SOL golden crosses preceded 1,000% gainsAs of Thursday, SOL/BTC’s 50-day simple moving average (50-day SMA; the red wave) was on course to climb above the 200-day SMA (the blue wave), confirming a golden cross pattern.“We’ve seen this play before… 2021, 2023, and now setting up again in 2025,” said analyst…
A former governor of the People’s Bank of China warned against calls for the Chinese government to allow yuan‑based stablecoins, citing potential risks to financial stability. Geopolitical Context and U.S. Stablecoin Bills The former governor of the People’s Bank of China (PBOC), Zhou Xiaochuan, has cautioned against parties urging the Chinese government to allow the […]
Join Our Telegram channel to stay up to date on breaking news coverage Ethereum (ETH) is poised to win the stablecoin boom as it becomes the blockchain of choice for Wall Street institutions entering the digital dollar era. That’s according to VanEck CEO Jan van Eck, who told Fox News Business in an interview that big financial institutions are likely to turn to Ethereum to handle stablecoin transactions. “Every bank and every financial services company has to have a way of taking in stablecoins,” van Eck said, warning that institutions risk losing customers if they fall behind. “It’s going to be…
Getting a job in crypto may be the hardest it’s ever been. The rise of AI has lured away once plentiful venture capital funding, and with a maturing industry, crypto companies are now more choosy than ever.A recent Coinbase summer internship program had room for just 0.3% of applicants, according to Coinbase CEO Brian Armstrong, showing the sheer level of interest compared to available space. Meanwhile, CryptoJobsList founder Raman Shalupau and researcher Stefi Kiemeney told Cointelegraph that they’re still often seeing job postings with over 200 applicants vying for a single position. But how does one beat the competition? What…
Key Takeaway Price action suggested that a breakout could propel the BONK by 65% or more. On-chain metrics showed that exchanges recorded an outflow of $1.92 million worth of BONK, hinting at potential accumulation. Bonk [BONK] has plunged over 50% in the past one and a half months, but now appears poised for a recovery. This potential rebound is supported by the formation of a bullish price pattern, the performance of Solana [SOL], and a shift in overall market sentiment. BONK’s price momentum Historically, when SOL sees a significant price surge, related tokens tend to rally as well. As of…
Bitcoin miner IREN has posted its best quarter of earnings to date, bringing in $187.3 million last quarter, which contributed to a record $501 million revenue for the fiscal year, sending its stock up nearly 14% in after-hours trading. Quarterly revenue for the month ended June 30 was up 226% year-on-year, helping the company swing back into profitability with $176.9 million in net income, IREN said in a report on Thursday. The surge was driven by growth in its Bitcoin (BTC) mining business, but the company has also made moves to deepen its footprint in the AI space as a new “Preferred…
Crypto asset manager 21Shares has filed with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund tracking the price of SEI, following Canary Capital’s application in April. The S-1 registration statement filed with the SEC on Thursday proposes to use crypto price index provider CF Benchmarks to track the price of SEI, using data from multiple crypto exchanges.SEI is the native token of the Sei network, both were launched in August 2023. The network itself is a layer 1 blockchain that specializes in trading infrastructure for decentralized exchanges and marketplaces. Its native token can be used to pay…
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. Hester Peirce’s Peanut Butter & Watermelon Speech SEC Commissioner Hester Peirce’s intriguing “Peanut Butter […]
URGENT ALL MINERS: The network is under attack. The attack is a computational DDoS, ie. miners and nodes need to spend a very long time processing some blocks. This is due to the EXTCODESIZE opcode, which has a fairly low gasprice but which requires nodes to read state information from disk; the attack transactions are calling this opcode roughly 50,000 times per block. The consequence of this is that the network is greatly slowing down, but there is NO consensus failure or memory overload. We have currently identified several routes for a more sustainable medium-term fix and have developers working…