Author: Crypto Insider

Bitcoin witnessed a 2.3% drop after Wall Street opened on March 12, as markets reacted to stubbornly high inflation in the United States and its implications for interest rate cuts in 2024. Inflation still high following hot CPI data Data from Cointelegraph Markets Pro and TradingView shows BTC dropped as much as 6% after setting a higher all-time high at…

Layer-2 scaling protocol Starknet aims to double the impact of lowered costs for rollups after Ethereum’s latest hard fork, Dencun, takes effect on March 13. The Starknet Foundation announced the rollout of additional fee-saving initiatives on its protocol that will coincide with the Dencun upgrade. The hard fork is arguably the most significant upgrade to…

Two crypto influencers on X have called on their followers to snap up Bitcoin, gold, and silver, citing the risk of rising national debt in the United States. In an X post on March 11, entrepreneur and angel investor Balaji Srinivasan argued that Bitcoin is the only realistic solution to escape the inevitability of unsustainable government spending…

Ethereum is already “well-positioned” to mitigate the impact of a massive quantum computing attack on the network, according to Ethereum co-founder Vitalik Buterin. In a March 9 post to Ethereum Research, Buterin discussed what would happen if a “quantum emergency” happened as early as tomorrow. “Suppose that it is announced tomorrow that quantum computers are available, and…

Understanding rebase tokens Rebase tokens are a particular kind of cryptocurrency that periodically (typically daily or multiple times a day) modifies its total supply. The adjustments seek to stabilize the rebased token’s price or target a specific value through methods that increase or decrease the token supply in reaction to price deviations from the target….

Crypto firms Grayscale and Coinbase recently met with United States Securities and Exchange Commission (SEC) officials to discuss a rule change for the launch of spot Ether exchange-traded funds (ETFs). Grayscale is seeking to convert its Ethereum Trust — which tracks the market price of Ether — into an ETF, similar to the conversion of its…