Author: driver789
Here’s Why Ethereum Is Gaining Recognition As The Core Settlement Layer For On-Chain Finance
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As excitement swirls in the community following the recent upswing in Ethereum’s price, the on-chain narrative of the leading blockchain network is undergoing a deeper, major shift. Activity on the network is currently spiking at a significant rate, reinforcing its position as the backbone for value exchange on-chain. Ethereum’s Core Settlement Layer Status Strengthens With notable activity, the Ethereum network is once again demonstrating its dominance in value exchange on-chain. A recent report shows that Ethereum is rapidly becoming the core settlement layer in the digital economy.…
VanEck Flags Dual Bullish Signals For Bitcoin As Funding Turns Negative, Hash Rate Slips
Bitcoin’s latest onchain and derivatives data point to a constructive setup, with VanEck highlighting negative funding rates and a clustered hash rate drawdown alongside softer volatility and cautious positioning. The firm notes in their latest report that realized volatility fell from about 56% to 41% as US‑Iran tensions eased, while the 7‑day average funding rate dropped to roughly -1.8%, its lowest level since 2023 and in the 10th percentile of readings since late 2020. Since 2020, bitcoin’s average 30‑day return during periods of negative funding has been 11.5%, compared with 4.5% across all periods, with a 77% hit rate for…
In a repeat of 2025, top holders of US President Donald Trump’s memecoin, Official Trump (TRUMP), will gather for a private event that many critics have described as selling access to the presidency.On Saturday, Trump and up to 297 of his memecoin holders will meet at the president’s Mar-a-Lago property in Florida. According to the project behind the memecoin, attendees will include stablecoin issuer Tether CEO Paolo Ardoino, cryptocurrency exchange Upbit founder and CEO ChiHyung Song, Bitcoin (BTC) advocate Anthony Pompliano, Anchorage Digital co-founder and CEO Nathan McCauley and many others associated with financial institutions, crypto and blockchain.Source: GetTrumpMemes.comNotably, however,…
U.S. CFTC adds New York to string of states its suing to stop prediction market pushback
The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to shield what the agency has argued is its unassailable nationwide regulatory authority over prediction market firms.Earlier this week, New York sued Coinbase and Gemini, arguing that their prediction market contracts violated state gambling laws. And last year, the state had similarly targeted Kalshi, demanding it cease its sports wagering platform.The CFTC, in its role as the federal derivatives regulator, has staked out a position that the states have no business interfering with those firms. The agency’s suit in the U.S. District Court for the…
The post Quantum Break: Researcher Wins 1 BTC ($77,609.00 · Live) for Largest ECC Attack Ever appeared first on Coinpedia Fintech News Post-quantum startup Project Eleven has today awarded a 1 BTC ($77,736 at writing time) prize to the independent researcher Giancarlo Lelli for the latest and largest demonstration of a quantum attack on Elliptic Curve Cryptography (ECC). Using a publicly accessible quantum computer, Lelli successfully derived a 15-bit elliptic curve private key from its public key counterpart in about 45minutes. He used a variant of Shor’s algorithm to crack the elliptic-curve discrete logarithm problem (ECDLP), which is native to…
XRP Spot Buyers Are Getting Stronger While Futures Traders Are Selling – Learn What That $700M Split Means
XRP has been consolidating since early February, building a base that has tested the patience of bulls who have been waiting for a decisive move to higher levels. The market has reached a pivotal moment — and a CryptoQuant report identifies a structural split in the data that changes how we should interpret the current consolidation. Related Reading The report reveals a divergence that cuts through the surface noise. XRP’s spot market and futures market are currently telling contradictory stories. Across centralized exchanges, spot buying has been strengthening continuously — the All CEX Estimated Spot CVD has risen from $1.08…
The Department of Justice ended its criminal investigation into Federal Reserve Chair Jerome Powell on Friday, removing the last major obstacle to Senate confirmation of Kevin Warsh as the central bank’s next leader — a development with consequences for monetary policy and Bitcoin. U.S. Attorney for the District of Columbia Jeanine Pirro announced the closure of the probe, which had been launched over alleged cost overruns on a $2.5 billion renovation of the Fed’s Washington headquarters. Pirro said she was transferring the matter to the Fed’s own inspector general, calling for “a comprehensive report in short order.” She left open…
Make CryptoSlate preferred on Ethereum traders are rebuilding bullish exposure to the second-largest cryptocurrency, with derivatives markets showing renewed demand for upside bets.According to CryptoSlate’s data, ETH has gained about 11% this month on the back of a four-week stretch of gains, its longest in nearly a year.This uptrend pushed ETH to around $2330, its highest price level since February, and puts it on course for its first back-to-back monthly advance since July and August 2025.Ethereum Price Monthly Returns Since January 2025 -April 2026 (Source: CoinGlass)As a result, ETH’s price performance has shifted the market attention back to the $3,000…
The Fellowship political action committee (PAC), which launched claiming to have more than $100 million from crypto-aligned backers, has reportedly backed out of an advertising deal to support Texas Attorney General Ken Paxton in a crucial US Senate race.According to a Thursday report from Axios, Republican leaders contacted US Commerce Secretary Howard Lutnick on his connections to Fellowship, which has been partially funded by Cantor Fitzgerald.Lutnick, as the former president and CEO and whose sons are now in charge of the financial services company, reportedly faced questioning from Republicans about Fellowship’s support of Paxton, whom on Tuesday the PAC reported…
President Donald Trump’s command of U.S. financial and economic policy may have taken a step closer now that his Department of Justice has backed down from an investigation of Federal Reserve Chair Jerome Powell, meaning his nominee to replace Powell may now have an open path to confirmation.Fed chair nominee Kevin Warsh, whose own considerable wealth includes some crypto-world assets, is awaiting a final vote from the Senate after appearing in a confirmation hearing this week. Trump, who has relentlessly blamed Powell for maintaining overly high U.S. interest rates, chose Warsh to remedy that, but Republican Senator Thom Tillis had…