The fourth quarter (Q4) of every four-year cycle has always been historically bullish for Bitcoin (BTC). With Uptober just a week away, a crypto analyst has shared predictions on how high the price of Bitcoin could soar during this typically bullish...
News Scrap
Michael Saylor Responds to BlackRock’s Bitcoin Commentary—A Promising Future for BTC?
TL;DR Michael Saylor supports Robbie Mitchnick’s (BlackRock) optimistic statements about Bitcoin. Mitchnick describes BTC as a decentralized global asset, attractive amid the devaluation of fiat currencies. BlackRock’s BTC ETF attracted nearly $100 million, surpassing...
Research Shows that Bitcoin Reclaims Critical Short-Term Holder Cost Basis—Is Confidence Returning?
TL;DR Bitcoin has regained its short-term cost basis ($61.9k) and is approaching the 200-day moving average ($63.9k) following the 0.50% rate cut by the Federal Reserve. Despite a period of capital outflows, new investors are showing confidence, with relatively low...
EOS Network significantly upgrades with 1-Second Transaction Finality
Alberta, Calgary, September 25th, 2024, ChainwireThe EOS Network announces the successful completion of its landmark upgrade to Spring 1.0. This upgrade has introduced the Savanna consensus algorithm, marking a new era in performance, reliability and speed on the...
EOS Network Foundation Announces 1-Second Transaction Finality with Spring 1.0 Hard Fork
TL;DR EOS Network has successfully launched its Spring 1.0 update, introducing the Savanna consensus algorithm and reducing the transaction finality time to just one second. The transition to Spring 1.0 was made possible thanks to the collaboration of block producers...
Vitalik Buterin Praises Celo for Surpassing Tron in Stablecoin Addresses—Is Celo the New Contender?
TL;DR Vitalik Buterin’s Praise: Ethereum co-founder Vitalik Buterin praised Celo for surpassing Tron in daily active stablecoin addresses, marking a significant milestone. CELO Token Surge: Following Buterin’s endorsement, Celo’s native token, CELO, surged by...
Revolutionary BitSNARK Protocol Brings Privacy and zk-SNARKs to Bitcoin for the First Time
TL;DR BitSNARK Launched: BitcoinOS Introduces Zero-Knowledge Verification Protocol to Improve Privacy in Bitcoin DeFi Innovations: BitSNARK works alongside Grail Bridge and Merkle Mesh to expand Bitcoin into decentralized applications and privacy technologies....
Aaron Hernandez Was ‘Flooded With Tears’ After Allegedly Telling His Mom About His Sexuality
As his life and trial starts to get reamped up by the new Ryan Murphy Hulu series, the specualitation around Aaron Hernandez’s sexuality is floating around again. Nearly a decade after his trial, the show seems to implicate that the New England Patriots tight end...
BitGo Forces Sky to Rethink Wrapped Bitcoin Plan—Major Update for WBTC Users
TL;DR Sky is reconsidering its decision to remove Wrapped Bitcoin (WBTC) after a recommendation from BA Labs and clarifications from BitGo. BitGo commits to providing 60 days’ notice for any changes in WBTC custody, reducing the perceived risk. A new vote on October 3...