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Author: James Wilson
Ethereum Foundation has clarified that the upcoming Pectra upgrade will not include the highly debated EOF changes as those will come with the next upgrade, Fusaka. In his April 28 post on X, Ethereum Foundation Co-executive Director Tomasz K. Stańczak said that the upcoming Pectra upgrade, slated for May 7, does not include EOF, stating: “The Pectra upgrade does not include EOF, nor [is it] intended to include EOF. Everything on Pectra is going as planned for the May 7th release.” EOF, which stands for Object Format, is a major overhaul of Ethereum’s execution engine intended to optimize and modularize…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin is bouncing back stronger than ever, and with Winner Mining, BTC investors now have a powerful new way to earn big as the next crypto wave builds. The cryptocurrency market is hot, and as a BTC investor, it may be time to take action. The leading cloud mining platform, Winner Mining, has just made a bold prediction: BTC is about to have a perfect rebound, and those who get in early are expected to get rich returns. For…
Standard Chartered’s Geoffrey Kendrick is doubling down on a bullish outlook for Bitcoin, forecasting the cryptocurrency will hit $120,000 in the second quarter of 2025 before rising toward $200,000 by the end of the year. In a note published April 28, Kendrick cited strategic asset reallocation away from U.S. assets, strong Bitcoin (BTC) accumulation by “whales,” and increasing ETF inflows into Bitcoin as key factors supporting the rally. According to Kendrick, the U.S. Treasury term premium, which historically correlates closely with Bitcoin price movements, has reached a 12-year high. This suggests that U.S.-based investors may be reallocating capital from domestic…
In a Turkish interview, Binance co-founder Changpeng ‘CZ’ Zhao talks about the future of Bitcoin and his thoughts on Satoshi Nakamoto’s possible identity. In a recent post, the former CEO of Binance teased the content of his latest interview with Turkish crypto advocate and blockchain game Pow Ahoy founder Erhan Ünal. When asked what the Bitcoin (BTC) creator’s true identity could be, CZ said he has no idea, but posits that there are strange theories floating around the crypto space. One theory that he mentioned was the possibility that Satoshi Nakamoto could be a time-travelling software that has returned to…
U.S. Treasury Secretary Scott Bessent appeared on CNBC’s “Squawk Box” on Monday morning, offering a wide-ranging update on trade negotiations, global capital flows, and the administration’s economic strategy amid intensifying tariff discussions with China. Bessent reiterated on CNBC that while various branches of the U.S. government remain in contact with Chinese officials, it is ultimately up to China to take steps toward a trade de-escalation. He said that while China sells “five times more to us than we sell to them,” Bessent emphasized that the current 125%–145% tariffs are “unsustainable.” As such, the imbalance gives China a greater incentive to…
Bitcoin price rallied above $95,000 on Monday and is hovering at its highest level since February 24 as the recent rally continued. The ongoing Bitcoin (BTC) recovery has been driven by recent optimism surrounding a potential trade deal between the United States and China. Bitcoin and other altcoins also jumped after Trump hinted that he was not going to fire Jerome Powell, the Federal Reserve Chairman. Trump has changed his mind on tariffs and Powell’s firing following recent turmoil in the bond market, driven by bond vigilantes. Bitcoin now has another major catalyst that could push its price higher over…
Stocks were slightly up at open on Monday ahead of major earnings reports, including for the Magnificent Seven. The market looked to bounce even as tariffs remained a key issue that investors are increasingly seeing as a source of major uncertainty. The S&P 500 opened 0.28% up, while the Dow Jones Industrial Average gained 0.45% and Nasdaq added 0.21%. Across the market, Bitcoin (BTC) was up nearly 2% above $95k and gold +0.3% around $3,307 per ounce. However, the U.S. Treasury yields also remained high on Monday, with the benchmark 10-year Treasury yield up 2 basis points to 4.29%. Meanwhile,…
Bitcoin treasury firm Strategy, formerly MicroStrategy, added another 15,355 BTC to its balance sheet over the past week. The company spent about $1.42 billion at an average price of $92,737 per Bitcoin, according to an SEC filing Monday. The purchase brings Strategy’s total Bitcoin (BTC) holdings to 553,555 BTC, worth over $52 billion at Bitcoin’s current price of just above $95,000. The company’s cumulative average purchase price now stands at $68,459 per Bitcoin, reflecting a total investment of around $37.9 billion, including fees. Strategy’s holdings account for more than 2.6% of Bitcoin’s fixed 21 million supply. Meanwhile, competition in corporate…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With Tron expanding fast, Cardano drawing bullish forecasts, and Lightchain AI redefining blockchain innovation, 2025 could be a game-changing year for crypto investors. The crypto space is buzzing with new developments. Tron is expanding its blockchain ecosystem, Cardano’s price forecasts are drawing interest, and Lightchain AI is emerging as one of the most exciting altcoins to watch. For those seeking significant growth opportunities in 2025, staying informed about these projects is essential. With technology and innovation advancing rapidly, there’s…
XMR’s recent price jump appears more closely tied to the laundering of $330 million in stolen Bitcoin through exchanges than to any major adoption or technology developments. The price of Monero (XMR) unexpectedly surged on Monday, jumping over 50% from $228 to $347, before retracing to $295. While some initially speculated that the increase was tied to positive developments in the privacy coin’s adoption or technology, new evidence suggests the spike may actually be linked to a large money laundering operation. A suspicious transaction involving 3,520 Bitcoin (BTC), valued at approximately $330 million, was flagged by pseudonymous blockchain sleuth ZachXBT,…