Once dismissed as a fringe asset of cypherpunks and tech enthusiasts, Bitcoin has climbed through milestone after milestone, from $1 in 2011 to $1,000 in 2013, and now to the coveted six-figure mark in 2024. Bitcoin’s latest ascent speaks to its evolution from a curious experiment to a legitimate global financial asset. But the journey…
Salvadoran President Nayib Bukele highlighted the country’s unrealized gains from its Bitcoin investments on social media after the cryptocurrency surpassed $100,000 for the first time. On Dec. 5, Bitcoin reached $100,000 for the first time, sparking celebrations within the crypto community. That same day, Autism Capital, a crypto-focused account on X, asked Bukele to share El Salvador’s…
Ether could see a rally to over $5,000 based on technical chart patterns, as analysts predict that Ether’s bullish momentum may extend another year until the end of 2025. Ether price could surge above the $5,000 all-time high, driven by its correlation with Bitcoin price, which surpassed $100,000 for the first time in history on Dec….
David Sacks was recently appointed by President-elect Trump as his top AI and cryptocurrency advisor. The new “Crypto Czar” is not only pro-crypto, and a seasoned technologist, but has also hailed Bitcoin as a potential way to separate money and state. Speaking to Anthony Pompliano, the former PayPal executive and tech founder praised Bitcoin for…
As the Ethereum layer-2 (L2) ecosystem continues to expand and encompasses most of the daily economic activity on the Ethereum blockchain, the problem of centralization persists. Elena Sinelnikova, co-founder of the Metis L2, recently told Cointelegraph that layer-2 scaling solutions should adopt decentralized sequencers to maximize anti-fragility and censorship resistance. According to Sinelnikova, most layer-2…
EigenLayer, Ethereum’s largest restaking protocol, is upgrading its rewards program to grant more flexibility to protocols and restakers, according to a Dec. 6 blog post. The changes let third-party protocols using EigenLayer — dubbed actively validated services (AVSs) — distribute rewards to validators based on performance. They also let validators, or “operators,” set fee rates…
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