Author: driver789
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin may be the largest cryptocurrency asset in the space, but Ethereum, on the other hand, continues to control a large share of the market. In recent market activity, the Ethereum network is starting to surpass the Bitcoin network in terms of capital value movement on-chain. Capital Flowing Through Ethereum Than Bitcoin As the crypto market adjusts, flipping from bearish to bullish, a bold claim around Ethereum and Bitcoin is stirring a debate across the community. Nomad, a market expert and investor, has announced on the X…
Dutch users can still access crypto prediction markets despite a previous ban on market leader Polymarket.Polymarket was banned by the Dutch Gaming Authority (Ksa) in February for operating without a gambling license. However, US-based Kalshi, crypto exchange Hyperliquid and investment giant Interactive Brokers are still offering prediction markets to Dutch users, according to an investigation by Dutch financial newspaper FD.The Ksa warned that Polymarket’s ban applies to similar platforms. “Websites similar to Polymarket also fall under our supervision and can therefore be sanctioned by us,” a spokesperson reportedly said.Kalshi appears to be actively targeting the Dutch market, the report said,…
European financial institutions should assess whether the Single Euro Payments Area (SEPA) can be extended into tokenized payments, Bank of Italy Deputy Governor Chiara Scotti said, as policymakers look for ways to keep euro-denominated settlement central to digital finance.Scotti called a tokenized extension of SEPA an “important area for reflection” during a Monday speech at the Digital Assets and Monetary Policy Transmission workshop in Rome, saying Europe’s existing payments framework offers scale, shared standards and interoperability.Her comments come as the Eurosystem prepares a pilot for Pontes, a distributed ledger technology settlement initiative designed to link market DLT platforms with TARGET…
Make CryptoSlate preferred on Bitmine has staked more than $10 billion in ETH, making it the largest corporate Ethereum treasury company and a yield-generating bet on the network’s proof-of-stake economy.On May 4, the Las Vegas-based company said its staked ETH position stood at 4.36 million tokens, valued at $10.2 billion at ETH’s average price of $2,336.The position represents more than 84% of BitMine’s total ETH holdings and gives the company one of the largest visible corporate exposures to Ethereum’s validator system.BitMine said it held 5.18 million ETH as of May 3, equal to about 4.29% of Ethereum’s total supply. The…
Space and Time (SXT), a level-1 data blockchain that secures onchain finance projects, has launched a virtual vault platform that it says is purpose-built for institutional lending.The Microsoft-backed blockchain said on Tuesday that its new virtual vaults can be configured by institutional lenders and borrowers to their specific agreement, with cryptographically verified, continuously updated visibility into borrower collateral across the centralized exchanges and decentralized finance (DeFi) protocols where it actually sits.Real-time verification of collateral has long vexed the institutional lending sector, with generic solvency metrics falling short of practical needs.“We built Space and Time so both institutions and onchain protocols…
Bitmine chairman Tom Lee has said the crypto market may be entering an early recovery phase even as investor sentiment remains cautious. Summary Tom Lee has said crypto may be entering an early recovery phase even as sentiment remains cautious. Bitmine has purchased over 101,745 ETH worth $242 million, taking its total holdings past 5.1 million ETH. More than 4 million ETH has been staked by the firm, accounting for about 10.5% of total staked supply. According to Bitmine Immersion Technologies chairman Tom Lee, recent market trends resemble past cycle transitions where prices begin to recover while investor sentiment remains…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitmine Immersion Technologies, the world’s largest known Ethereum treasury company, acquired an additional 101,745 ETH last week for over $240 million, pushing total holdings to 5.18 million tokens — as Chairman Thomas “Tom” Lee declared that a new crypto cycle has quietly begun. The latest purchase, which included 10,000 ETH acquired directly from the Ethereum Foundation in an over-the-counter transaction at an average price of $2,292 per token, brings Bitmine’s cumulative ETH position to 5,180,131 tokens — equivalent to approximately 4.29% of Ethereum’s total circulating supply of…
Make CryptoSlate preferred on Aave filed an emergency motion last week to free millions in frozen ETH from a restraining order issued against the Arbitrum DAO, turning what began as a coordinated exploit recovery into a court dispute.Aave LLC said the restraining notice was served on Arbitrum DAO on May 1 and seeks to seize approximately $71 million in ETH that Aave argues belongs to victims of the April 18 exploit. The company asked the court for an expedited hearing and a temporary vacatur, arguing that the recovered assets were designated for user restitution and should not be frozen for…
Telegram founder Pavel Durov said Telegram will replace the TON Foundation as the main driving force behind The Open Network (TON) and become its largest validator, signaling a deeper operational role for the messaging platform in the blockchain ecosystem.In a Monday Telegram post, Durov said TON fees had dropped sixfold to “nearly zero” and that the next step would be to shift the network’s focus toward “tech superiority.” This includes a new website, new developer tools and performance upgrades. The changes are expected over the next two to three weeks, according to Durov, who described the move as a step in…
Ethereum price is showing early signs of a confirmed breakout after pushing above a short-term consolidation pattern that had capped gains over the past week. Summary Ethereum price breaks out of a bull flag pattern near $2,370, signaling renewed upward momentum after recent consolidation. ETH price holds above key 61.8% Fibonacci support at $2,381; resistance seen at $2,400–$2,460 with higher targets at $2,577 and $2,772. Indicators turn bullish as MACD nears crossover and RSI stays above 50; upside projection extends toward $2,800–$3,000. According to data from crypto.news, Ethereum (ETH) climbed around 1% over the past day, trading near $2,370 at…