Ethereum Creator Backs Controversial Betting Platform

Vitalik Buterin, the mastermind behind Ethereum, has thrown his support behind Polymarket, a decentralized betting platform that’s been under fire for its war-related markets. Betting on Conflict Polymarket allows users to bet on the outcomes of real-world events, including geopolitical conflicts. This has sparked criticism, with some arguing that it trivializes serious situations. “It feels…

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Bitcoin’s Back in the Green: Analyst Sees Bullish Signs

A popular Bitcoin analyst is saying that the cryptocurrency is no longer looking bearish, thanks to some positive indicators. Key Indicators Point to a Shift The analyst, known as Checkmate, pointed to several key indicators that are flashing green: Active-Value-to-Investor-Value (AVIV) Ratio: This ratio, which measures the difference between the active capitalization and the realized…

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Is the Israel-Iran Conflict Bad News for Bitcoin?

The price of Bitcoin took a tumble recently, dropping to $60,164 after Iran launched missile attacks on Israel. This heightened geopolitical tension rattled global markets, including the crypto world. Bitcoin wasn’t immune, experiencing a 4% drop. A Temporary Dip or a Bigger Trend? While many analysts were predicting a strong bullish month for Bitcoin, this…

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Sony’s Ethereum L2 Gets a Boost from Automation

Sony’s new Ethereum Layer-2 blockchain, Soneium, is getting a major upgrade with the help of Ava Protocol. This partnership aims to make blockchain technology easier to use for everyone, especially developers and creators. Simplifying Blockchain for Everyone Ava Protocol’s automation tools will handle the technical stuff behind the scenes, allowing developers and non-technical users to…

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XRP ETF: Is It Actually Happening?

Bitwise Asset Management has officially filed to create an XRP exchange-traded fund (ETF) in the US. This is a big deal, especially since there have been a lot of rumors about XRP ETFs before, but nothing concrete. What’s the Deal with Bitwise’s Filing? Bitwise is a well-known cryptocurrency investment firm, so this isn’t just some…

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Is the Bitcoin Bull Run Over?

Bitcoin’s Active Addresses Are Falling A recent trend in Bitcoin’s active addresses is causing some concern. Active addresses refer to unique addresses that participate in transactions on the Bitcoin network. These addresses are like the unique users visiting the network, so a decline in active addresses means less activity. Since March, the number of active…

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