As a crypto investor with experience in decentralized finance (DeFi) and blockchain technology, I find the current situation with Degen Chain deeply concerning. The prolonged downtime of this Ethereum layer 3 blockchain is not only affecting its own ecosystem but also the applications built on it, such as DegenSwap, Mint Club, and Relay bridge. These … Read more
Bitcoin miners might sell as decreased mining rewards and transaction fees lower revenues. A potential sell-off by miners could dramatically impact the cryptocurrency market. As a long-term crypto investor with experience in the market, I’m closely monitoring the current state of Bitcoin and its miners. The recent halving event and subsequent decrease in mining rewards … Read more
Altcoins have performed well in a six-month window, but it does not signal an altcoin season. The Bitcoin dominance chart could see accelerated gains for altcoin market capitalization. As a crypto investor with some experience under my belt, I’ve seen how the market dynamics have played out during different cycles. Altcoins may have shown impressive … Read more
As a researcher with a background in artificial intelligence and experience following the industry’s latest developments, I find Ilya Sutskever’s departure from OpenAI intriguing. After nearly a decade with the company, Sutskever, who played a significant role in pushing out former CEO Sam Altman last year, has decided to leave without providing an explanation. His … Read more
As an analyst with a background in blockchain technology and experience in the cryptocurrency industry, I find the situation surrounding the anonymous core contributor to Cypher Protocol, “hoak,” deeply concerning. Hoak’s confession of stealing and gambling away approximately $260,000 worth of the project’s recovered funds from a $1 million exploit last year is not only … Read more
As a crypto investor with some experience under my belt, I find Mike Novogratz’s prediction of Bitcoin’s price range between $55,000 and $75,000 over the next month to be a reasonable assessment. The market is indeed in a consolidation phase, and it’s not unusual for prices to bounce around during such periods. Based on my … Read more