🪙 Vitalik Buterin addresses threats to Ethereum's decentralization in new blog post
Vitalik Buterin, co-founder of Ethereum, has responded to criticism levied at the blockchain in a detailed blog post breaking down three issues core to Ethereum's centralization: MEV (miner or maximal extractable value), liquid staking, and the hardware costs of running a solo node. Buterin noted that concerns around Ethereum's design in these three key areas are "widely shared," adding, "They are concerns that I have on many occasions had personally." .
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🇮🇳 Indian Regulator Advocates Multi-Agency Approach for Crypto
The Securities and Exchange Board of India (SEBI) has submitted its recommendations for regulating crypto assets to a government panel. SEBI suggests multiple regulators for different aspects of cryptocurrency trade. India’s central bank, the Reserve Bank of India (RBI), however, views crypto as a macroeconomic risk, highlighting concerns about tax evasion and fiscal stability.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🇳🇬 Nigerian court denies bail to 🏦 Binance executive, intensifying crypto industry tensions
A Nigerian High Court has denied bail to Binance executive Tigran Gambaryan, citing concerns that he might flee the country. The lawyer for the prosecutors, Ekele Iheanacho, firmly opposed Gambaryan’s bail application. He pointed out that the Binance executive recently attempted to obtain a new passport under dubious circumstances, alleging his previous one was stolen.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
💰 Bitcoin power-law model projects $100k value before January 2025
The Bitcoin (BTC) Power-Law Model, coined by Giovanni Santostasi, provides a mathematical description of BTC’s price movements, revealing a power-law distribution on a log-log scale. However, its predictive capabilities for future price movements are limited due to the absence of assumptions about broader markets and external factors. While it is an excellent indicator of BTC’s past growth, its effectiveness in forecasting future price trends is constrained.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🪙 MakerDAO founder says fully decentralized 'PureDai' will launch in few years
MakerDAO founder Rune Christensen said a future token, PureDai, will serve as a fully decentralized alternative to its U.S. dollar-pegged stablecoin. Known as PureDai, the stablecoin will operate exclusively on the Ethereum mainnet and use ether and Lido staked ether (stETH) as collateral backing — fully relying on decentralized oracles. It will also have a free-floating peg, meaning the decentralized stablecoin may not be pegged to the dollar.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
💰 ShibaSwap 2.0 Goes Live On Shiba Inu’s Layer 2 Blockchain
The DEX will feature improvements from the ecosystem’s Ethereum-based app, and expand the utility of the Shibarium blockchain. Per a press release shared with CryptoPotato, ShibaSwap 2.0 will include new features like improved user processes for adding and reducing liquidity, staking and trend analysis. It will also feature discovery charts for new and trending tokens, and foster onboarding for new tokens into the ShibaSwap market.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🪙 Ether options traders brace for end-of-month volatility around ETF decision deadline
Ether options traders are gearing up for end-of-month volatility due to the strong possibility that the U.S. Securities and Exchange Commission (SEC) will not approve two spot ether ETF filings. According to Wintermute OTC Trader Jake Ostrovskis, the market currently assigns just a 16% chance of these ETFs being approved by the end of May. Ostrovskis added that ether options implied volatility will likely rise towards the end of the month, especially around the time when the SEC is expected to make decisions regarding spot ether ETFs.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🚀 Discover the Future with Jack the Goat ($JACK) - A Groundbreaking Meme Coin on Solana! 🌟🐐
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🪙 Vitalik Buterin drafts EIP-7706, proposing new calldata gas type for Ethereum
Ethereum co-founder Vitalik Buterin has proposed a new Ethereum Improvement Proposal, EIP-7706, suggesting a new category of gas for transaction calldata. Ethereum transactions currently involve two main types of gas: one for execution, which covers the computational effort required to process a transaction, and one for storage, which is the cost related to storing data with “blobs.”.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🇺🇸 US senators challenge DOJ’s broad definition of crypto money transmitters
Two US lawmakers have opposed the Department of Justice’s (DOJ) attempt to expand the definition of a money-transmitting business. In a May 9 letter to US Attorney General Merrick Garland, Senators Cynthia Lummis and Ron Wyden argued that the DOJ’s broad interpretation could criminalize non-custodial crypto asset software services.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🚀 Discover the Future with Jack the Goat ($JACK) - A Groundbreaking Meme Coin on Solana! 🌟🐐
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⚫ Vital Stats: Market Cap: $500,000 | Holders: ~500 | Contract: 68eD7fdMVEqKDev9jChsBxtvg45XF2FKsnVRfDTpxCkK
How to Get $JACK:
1. Download Phantom Wallet .
2. Purchase $SOL, transfer to your wallet.
3. Swap for $JACK on Jupiter or Raydium. 😀
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🇺🇸 Crypto Is A Major Election Issue For 20% Of Voters: DCG Survey
Crypto is emerging as a hot topic in the U.S. presidential election this year, with many voters looking forward to hearing their candidates takes on the asset class. Per a Digital Currency Group (DCG) survey of 1201 registered voters conducted last month, about one in five voters view crypto as a major issue in the 2024 election. Roughly 40% of voters said they want their candidates to talk more about crypto, with most respondents agreeing that crypto regulation needed an “overhaul.”.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🚨 Phishing Group Returns Stolen Crypto Worth $66.88M to Victim, Collects Bounty!
The phishing group responsible for the theft of 1155 Wrapped Bitcoin (WBTC) has made amends by returning all 22,960 Ethereum (ETH) worth approximately $66.88 million to the victim’s address. The phishing incident had initially sent shockwaves through the cryptocurrency community, as hackers managed to infiltrate hundreds of addresses and siphon off substantial sums of digital assets. However, the victim, whose identity remains undisclosed, took swift action and engaged with the perpetrators to negotiate the return of the stolen funds.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🏦 Coinbase Layer 2 Base Takes This Industry by Storm, Captures 46% of Transactions
Coinbase’s Layer 2 network – Base – has witnessed a resurgence of user activity. Franklin Templeton’s latest analysis revealed that Base has received significant traction from SocialFi applications such as Friend.Tech. Additionally, Base has experienced a notable surge in the supply of USDC on its network, surpassing $2.5 billion. This increase coincided with Coinbase’s announcement in December 2023 of free USDC transfers on Base via the Coinbase Wallet, indicating a strategic move to boost Base’s ecosystem and facilitate seamless transactions for users.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
💰 Over 46% of Bitcoin’s circulating supply hasn’t moved in 3+ years
Recent data from Glassnode reveals intriguing shifts in Bitcoin's supply dynamics, particularly in the supply last active (SLA) cohorts. As 2023 waned, these metrics reached all-time highs, painting a picture of enduring confidence among long-term holders (LTHs). However, the landscape quickly changed with the introduction of the US Bitcoin ETF. This development, coupled with significant outflows and selling actions by LTHs, prompted a noteworthy adjustment in the availability of long-held Bitcoins.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🇪🇺 EU securities watchdog to review crypto eligibility for UCITS investments
The European Securities and Markets Authority (ESMA) has initiated a review of the rules governing crypto asset investments by UCITS (Undertakings for Collective Investment in Transferable Securities) as part of a broader examination of the EU’s financial regulatory framework. The review comes in response to a request from the European Commission (EC) to ensure that UCITS rules keep pace with rapid market developments, including the burgeoning crypto sector.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
💰 Bitcoin mining difficulty drops 6% in largest fall since bear market lows
Bitcoin mining difficulty dropped 5.7% on Thursday in the largest negative adjustment for nearly 18 months. The difficulty adjustment came at block height 842,688, falling to 83.1 trillion, according to Bitbo data. It marks the highest negative adjustment since the bear market lows, when difficulty fell 7% on Dec. 6, 2022, and bitcoin was trading for around $17,000.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🪙 Ethereum Proposal by Vitalik Buterin Introduces Advanced Account Abstraction Features
According to the Github summary, EIP 7702 emerges as a pivotal alternative to the existing EIP-3074, addressing key vulnerabilities by avoiding the use of soon-to-be obsolete opcodes and preventing ecosystem fragmentation. Designed to be forward-compatible with potential quantum computational advancements, it focuses on integrating seamlessly with EIP 4337, which is critical as quantum computing continues to evolve.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
💰 Quantitative Trading Giant Boosted its Portfolio with $1 Billion Bitcoin ETF Investment
Susquehanna International Group, a quantitative trading firm, revealed its investments in Bitcoin exchange-traded funds (ETFs) during the first quarter of 2024. According to a 13F-HR filing submitted on May 7, the firm disclosed its ownership of more than $1 billion in exchange-traded funds (ETFs). The filing, submitted to the Securities and Exchange Commission, disclosed Susquehanna’s ownership of 17,271,326 shares in the Grayscale Bitcoin Trust (GBTC), with a market value of approximately $1.09 billion as of March 31, 2024.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🇭🇰 Crypto Trading Firm Wintermute to Provide Liquidity for Hong Kong Bitcoin and Ether ETFs
Looking to strengthen its market share in the Asia region, Wintermute will be a liquidity provider to the recently launched Hong Kong-listed spot bitcoin and ether exchange-traded funds, the company announced Wednesday. The London-based firm is partnering with OSL Digital Securities and HashKey HK Exchange, both of which are sub-custodians of virtual asset trading platforms facilitating the operation of the ETFs, according to the statement.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🇰🇷 South Korea’s winning party moves toward 💰 bitcoin ETF promise: report
South Korea’s left-wing Democratic Party plans to request financial regulators to review the currently banned spot bitcoin exchange-traded funds, according to a South Korean news report. This signifies the party’s next step in its initiative to make spot bitcoin funds locally accessible.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🪙 Ethereum Developers Target Ease of Crypto Wallets With 'EIP-3074'
As blockchain teams strive for the holy grail of mainstream adoption, making crypto wallets easier to use is suddenly at the top of the agenda. Ethereum developers have been moving along with their discussions and inclusions of certain Ethereum Improvement Proposals (EIPs) for the blockchain’s next big hard fork, Pectra.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🇰🇪 Kenyan President Requests 💰 Bitcoin Miner Marathon Digital to Review Nation’s Cryptocurrency Regime
Kenyan President William Ruto recently announced that his government has requested Bitcoin miner Marathon Digital to review the country’s cryptocurrency regime. Ruto stated that the U.S.-based Bitcoin miner will also discuss electricity usage in cryptocurrency mining with the Kenyan Energy Ministry. The apparent acceptance of crypto and Bitcoin mining by the Ruto-led Kenyan government seems to be a shift from the stringent approach previously adopted by the Central Bank of Kenya (CBK) and other government entities.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🏦 Coinbase faces new lawsuit over alleged investor deception
Coinbase crypto exchange and its CEO, Brian Armstrong, face a new class-action lawsuit alleging investors were deceived into buying securities and claims the company’s business model is illegal. The lawsuit filed in the United States District Court for the Northern District of California San Francisco Division, representing plaintiffs Gerardo Aceves, Thomas Fan, Edwin Martinez, Tiffany Smoot, Edouard Cordi and Brett Maggard from California and Florida, alleges that Coinbase’s digital asset sales knowingly violated state securities laws since the company’s inception.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
🇺🇸 New York Resident Charged in $43 Million Crypto-Related Ponzi Scheme
The FBI apprehended Idin Dalpour for a $43M Ponzi scheme involving a Las Vegas hospitality enterprise and a crypto trading operation. The 39-year-old New York resident is accused of organizing a sophisticated Ponzi scheme that allegedly defrauded investors of $43 million. According to the indictment, he ran the Ponzi scheme from approximately 2020 through April 2024. He targeted investors in the United States and abroad, soliciting investments through an entity he controlled called “Entity-1.”
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
💰 Arthur Hayes predicts Bitcoin is poised for a steady rise in value
Former BitMEX CEO Arthur Hayes expressed optimism regarding Bitcoin’s future trajectory, suggesting that the recent downturn marks a local bottom, with the flagship crypto poised for a gradual ascent over the coming months. Hayes shared his insights in a blog post on May 3, attributing the recent market slump to a variety of factors, including the US tax season, concerns over Federal Reserve policies, the “sell the news” effect following the Bitcoin halving, and a slowdown in spot Bitcoin ETF inflows.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
💰 Bitcoin Miner Riot Platforms Records Modest Revenue Gain Despite 36% Decrease in Mined BTC
Riot Platforms Inc., an integrated bitcoin mining company, reported revenues exceeding $79.3 million in the first quarter of 2024. The revenue increase was slight, rising from $73.2 million to $79.3 million. Remarkably, this was achieved even as Riot Platforms experienced a 36% decrease in the number of bitcoins mined, down to 1,364.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar