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VanEck Research Predicts Ethereum Price to Reach $11.8k by 2030

VanEck Research Predicts Ethereum Price to Reach $11.8k by 2030

VanEck Research revises #Ethereum price target to $11.8k by 2030 following a recent hard fork. The new valuation considers revenues from transaction fees, MEV, and an emerging "Security as a Service" model.

Fantom Foundation Lowers Staking Threshold to 50,000 FTM

Fantom Foundation Lowers Staking Threshold to 50,000 FTM

Fantom Foundation has reduced its validator staking requirement from 500,000 FTM to 50,000 FTM, aiming to boost network security and accessibility, following a June 2023 governance vote.

Dubai-Based Startup to Raise $1.2M NFT Fund to Clean Up Ocean Plastics Globally

Dubai-Based Startup to Raise $1.2M NFT Fund to Clean Up Ocean Plastics Globally

Ocean and Us plans to raise millions in donations via NTF funding.

UTXO

UTXO

UTXO stands for An Unspent Transaction Output. It is one of the key concepts in bitcoin design and it is closed related to modern "payment, settlement, clearance" process in financial system.

Bitcoin Network Transacts a Whopping $8.9 Billion in a Single Hour

Bitcoin Network Transacts a Whopping $8.9 Billion in a Single Hour

The Bitcoin network has reached an unprecedented level in terms of chain volume as it transacted 8.9 billion in one hour. Rafael Schultze-Kraft, Glassnode’s co-founder, ascertained that this movement made history because it was the highest hourly volume of Bitcoin to be recorded in its 11-year existence.

IRS Introduces New Form 1099-DA for Reporting Income from Digital Asset Transactions

IRS Introduces New Form 1099-DA for Reporting Income from Digital Asset Transactions

The US IRS has introduced Form 1099-DA for cryptocurrency brokers to report digital asset transactions, aiming to improve compliance and ensure accurate tax reporting from digital assets starting January 1, 2025.

Mysterious $1.17 Million Bitcoin Transfer to Bitcoin Creator Nakamoto Wallet

Mysterious $1.17 Million Bitcoin Transfer to Bitcoin Creator Nakamoto Wallet

A recent transaction of 27 BTC to a Satoshi Nakamoto wallet has raised interest in the cryptocurrency community, particularly considering the Genesis Block's 15th anniversary. This event celebrates Bitcoin's history and raises questions about its future and originator.

Bitcoin Transaction Volume Hit a 3-Month Low of $3.014 Billion

Bitcoin Transaction Volume Hit a 3-Month Low of $3.014 Billion

Bitcoin (BTC) gained momentum in the last 24 hours to trade at $37,200, and the transaction volume also hit a 3-month low of $3.014 billion.

Australian Banks Ordered to Report Crypto Transactions

Australian Banks Ordered to Report Crypto Transactions

The Australian Prudential Regulation Authority (APRA) has ordered local banks to report on cryptocurrency transactions amid concerns over the contagion of recent banking collapses, including that of Silicon Valley Bank (SVB). The regulator is seeking more information and insight into banking exposures to crypto assets and associated risks.

European Central Bank Considers Rolling Out Blockchain-Powered Bank Transactions

European Central Bank Considers Rolling Out Blockchain-Powered Bank Transactions

The European Central Bank (ECB) seeks to be ahead of the game by studying how blockchain-based bank transactions will enable more money control even if lenders change to distributed ledgers.

EIP 1559 May Not Reduce High Gas Fees on Ethereum, but ETH 2.0 Will – Here’s Why

EIP 1559 May Not Reduce High Gas Fees on Ethereum, but ETH 2.0 Will – Here’s Why

EIP-1559, an Ethereum Improvement Protocol set to launch in July, has been touted as a game-changer that will address the issue of rising gas fees on the network.

On-Chain Transactions Above $10 Million Skyrocket on the Bitcoin Network

On-Chain Transactions Above $10 Million Skyrocket on the Bitcoin Network

More large accounts or organizations are taking part in the Bitcoin network as on-chain transactions above $10 million have gone through the roof.

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