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Vitalik Buterin: Ethereum Foundation Weighs Plan to Stake $1B ETH Holdings

Trend Digest11 months ago1 week ago06 mins

Regulatory concerns previously limited foundation involvement, but easing tensions now open doors for more active participation in staking activities. Co-founder Joseph Lubin proposes dual leadership structure with Danny Ryan and Jerome de Tychey to bring fresh perspective and innovation. Foundation aims to enhance execution speed and privacy-focused technology implementation through strategic organizational restructuring. . The…

Sleeping Giant Onyxcoin (XCN) Awakens with Massive 800% Price Surge Over Two Weeks

Trend Digest11 months ago1 week ago06 mins

The Onyx DAO announced on Friday the resolution of an unrelated XCN issue with HTX Global and Justin Sun. The rise of the XCN token is heavily bolstered by the rising adoption of DeFi protocols from institutional investors and retail traders. As the wider cryptocurrency market, led by Bitcoin , continued in horizontal or bearish…

Vitalik Buterin Warns Against Political Tokens, Here’s Why

Trend Digest11 months ago1 week ago06 mins

Vitalik Buterin believes political tokens can drive bribery. Experts flag the liquidity imbalance around these memecoins. TRUMP and MELANIA serve as the best example to showcase this faulty wealth distribution. Ethereum co-founder Vitalik Buterin believes the advent of political tokens may be a medium to populate bribery. He voiced this opinion during a wider discussion…

Montana Lawmakers Propose Up to $50M Bitcoin Investment for State Reserves

Trend Digest11 months ago1 week ago06 mins

Multiple US states are leading a strategic push towards Bitcoin adoption, with Montana proposing to invest less than 0.01% of its GDP in digital assets. Montana’s shift from traditional mining and wood sectors to blockchain and AI demonstrates the state’s commitment to technological advancement. The convergence of state-level adoption, institutional investment, and decreasing exchange supply…

Dogecoin Revival: Will FOMC Propel DOGE Price Back to $1?

Trend Digest11 months ago1 week ago07 mins

Rising Dogecoin open interest and a long-to-short ratio of 0.9455 signal growing confidence among bullish traders. Historical FOMC patterns suggest a potential parabolic rise in DOGE price if market conditions stabilize. Fibonacci levels highlight $0.66443 as the next key target, with $1 reclaim within reach. As Bitcoin reclaims the $100,000 mark, the Crypto Fear Index…

Coinbase Faces Backlash Over Solana Transaction Delays

Trend Digest11 months ago1 week ago08 mins

Coinbase is facing congestion issues related to the Solana blockchain. The trading platform is accused of having inferior infrastructure to handle SOL traffic. The timeline for a fix remains uncertain, despite CEO Armstrong’s plea. Leading crypto exchange (NASDAQ: COIN) faces increasing user scrutiny due to significant delays in processing Solana (SOL) transactions. These delays have…

Rome Protocol Partners with Plume Network to Bridge Blockchains for Real-World Assets

Trend Digest11 months ago1 week ago06 mins

Rome Protocol and Plume Network aim to enhance blockchain interoperability for real-world asset (RWA) tokenization. Plume benefits from faster, scalable solutions for RWA management and trading through the Rome Protocol partnership. Rome’s infrastructure boosts transaction efficiency, ensuring a smooth experience for users and developers. Rome Protocol has with Plume Network to streamline the movement of…

Bitwise Files for Dogecoin ETF as Meme Coin Gains Regulatory Spotlight

Trend Digest11 months ago1 week ago05 mins

Bitwise has filed for a Dogecoin ETF in Delaware, marking a big step in meme coin adoption. Dogecoin remains steady at $0.3535, showing a slight 3% dip in the past 24 hours. Analysts predict a bullish breakout for Dogecoin, with some forecasting a long-term price target of $15. San Francisco-based crypto asset manager Bitwise Asset…

Shiba Inu Whale Seizes Market Crash to Acquire 257.5B SHIB for $4.6M

Trend Digest11 months ago1 week ago01 mins

A Shiba Inu (SHIB) whale has bought 257.5 billion SHIB tokens, bringing its total holding to 477.5 billion SHIB. A further crash in the price of the meme coin could put the cryptocurrency at the risk of a death cross. The trading volume of the meme coin soared 260% in the past day while On-Balance…

Argo Blockchain CEO Thomas Chippas Steps Down amid Financial Struggles

Trend Digest11 months ago1 week ago05 mins

Argo Blockchain CEO Thomas Chippas has stepped down from both his CEO role and board directorship after 14 months of service. His compensation package, which included up to 2.85 million units, was contingent on meeting performance milestones, meaning he will forfeit this payout due to his early departure. The company has appointed Jim MacCallum, CFO,…