cookie

We use cookies to improve your browsing experience. By clicking «Accept all», you agree to the use of cookies.

avatar

Blockchain Explained

Crypto Market Insights, Market Activity, News, Events & more! ➡️ @Blockchain_Explained®️ 📞 Contact me: @LevoBNTG

Show more
Advertising posts
79 676Subscribers
-12324 hours
-5347 days
-37030 days
Posts Archive
🪙 Ethereum nears 1 million active validators as network surge strengthens security The Ethereum network has witnessed a surge in validator numbers, with the count nearing one million. On-chain data from Beacon Chain and Ethereum’s Validator Queue show an active validator count of 979,686. However, a Dune Analytics dashboard curated by Dragonfly analyst Hildobby places the total number on the network above the one million mark. Source https://t.me/Blockchain_Explained
Show all...
🪙 USDT stablecoin issuer Tether hiring for AI division USDT issuer Tether Operations Limited said it is trying to expand its AI capabilities by building up its AI division. Tether announced Tuesday that it is looking to hire "top talent" in AI. The goal is "to pioneer the development of open-source, multimodal AI models to set new industry standards, driving innovation and accessibility within AI technology," the company's announcement said. Source https://t.me/Blockchain_Explained
Show all...
🇵🇭 Phillipines regulators take steps to block 🟠 Binance Regulators in the Philippines are taking steps toward blocking local traders’ access to Binance. The Philippines Securities and Exchange Commission (SEC) said Monday in a statement that it has worked on obstructing access to the world’s largest crypto exchange by daily trading volumes because the platform does not have the required regulatory license to operate within its jurisdiction. The agency two weeks ago asked the National Telecommunications Commission (NTC) to help block Binance-linked web pages. Source https://t.me/Blockchain_Explained
Show all...
💰 JPMorgan: Bitcoin Still Overbought Despite Price Drop Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly against a positioning backdrop that still looks overbought despite the past week’s correction.” Source https://t.me/Blockchain_Explained
Show all...
🪙 Ethereum ICO Whale Awakens, Moves 2000 ETH Amid Ongoing Recovery An Ethereum (ETH) Initial Coin Offering (ICO) participant has woken up after more than 8.7 years of staying dormant, a move that has sparked speculations in the broader digital currency ecosystem. The first action orchestrated by the whale according to data from the crypto analytics platform Lookonchain is to transfer the sum of 2000 ETH worth as much as $6.7 million based on the current market price of the digital currency at $3,350 level. Source https://t.me/Blockchain_Explained
Show all...
💰 Polygon zkEVM down due to issues with blockchain sequencer Ethereum scaling protocol Polygon has announced that its zero-knowledge Ethereum Virtual Machine (zkEVM) is currently experiencing downtime due to an issue with its blockchain sequencer. In a post on X, Polygon reassured its two million followers that the issue is confined to the zkEVM specifically and does not impact any other chain deployed using the Polygon chain development kit (CDK). Source https://t.me/Blockchain_Explained
Show all...
💰 JPMorgan Expects Bitcoin Pullback, Bernstein Ups Forecast to $90K The market seems confused, as predictions for bitcoin price after halving have started to wildly fluctuate. Bitcoin (BTC), the leading digital asset, has encountered a pullback of over 10% from its all-time high, signaling a potential shift in market sentiment. Notably, Bloomberg reported on Friday that the demand for spot Bitcoin Exchange-Traded Funds (ETFs) has shown signs of moderation, adding to concerns about the BTC’s short-term outlook. Source https://t.me/Blockchain_Explained
Show all...
🪙 Spot Ethereum ETF approval in May seems 'extremely unlikely,' says Galaxy's Thorn Approval for spot Ethereum exchange-traded funds in May now seems "extremely unlikely," according to Alex Thorn, head of firmwide research at Galaxy Digital. Recent reports that the Securities and Exchange Commission has issued subpoenas to crypto firms regarding their relationship with the Ethereum Foundation, coupled with the SEC's lack of active engagement with ETF applicants just two months before the first deadline, have cast significant doubt on the May approval, Thorn wrote in a note on Friday. Source https://t.me/Blockchain_Explained
Show all...
🏦 Coinbase Is More Than Just a Crypto Exchange: JMP Securities Coinbase (COIN) is more than just a crypto exchange, and momentum is continuing to build in its ancillary businesses, JMP Securities said in a research report Thursday. JMP notes that Coinbase’s daily spot trading volume in the first quarter is averaging about $3.3 billion, which has more than doubled from the fourth quarter last year. The newly launched derivatives platform is also “scaling at a tremendous pace.” Source https://t.me/Blockchain_Explained
Show all...
💰 Greenpeace's Anti-Bitcoin "Mining for Power" Report Receives Fierce Backlash on X “Mining for Power,” an anti-Bitcoin report by Greenpeace USA that explains the links between the bitcoin mining industry and fossil fuel companies, has faced a backlash in social media due to its inaccurate portraits of the mining activity. Using community notes, social network users detailed the report contained “many factual errors,” including outdated information. Source https://t.me/Blockchain_Explained
Show all...
💰 FTX estate faces estimated $3 to $5 billion in US government claims amid bankruptcy proceedings, court filing shows U.S. government claims against the bankrupt crypto exchange FTX are expected to total between $3 and $5 billion, according to a court filing on Wednesday, subject to change and negotiations with applicable authorities. However, it is important to note that in accordance with Chapter 11 priorities for the estate, FTX customers, Alameda Research lenders, administrative expenses, and non-governmental creditor claims will be paid out before any government and tax claims. Source https://t.me/Blockchain_Explained
Show all...
💰 Bitcoin rebounds to $68k after Fed decides to maintain rates as expected The US Federal Reserve announced on March 20 that it would keep interest rates steady at 5.25% to 5.5% — aligning with market expectations and easing concerns of a more aggressive tightening of monetary policy. Additionally, the Federal Open Market Committee (FOMC) maintained its projection for a rate cut within this year, signaling a cautious but optimistic outlook for the economy. Source https://t.me/Blockchain_Explained
Show all...
🪙 Grayscale Ethereum Trust discount drops to -20% as hope dwindles for spot ETF in May The Grayscale Ethereum Trust discount has dropped to -20%, its lowest level since November 2023. This comes on the back of falling optimism for a spot Ethereum ETF approval by May. If a spot Ethereum ETF were approved, Grayscale’s Trust would be converted into one — as happened with its Bitcoin Trust. This would allow holders to redeem the underlying ether and practically eliminate the discount. Source https://t.me/Blockchain_Explained
Show all...
🇺🇸 SEC delays lower expectations of Ethereum ETF approval by May despite staking additions The US SEC has delayed the approval process for several highly anticipated Ethereum exchange-traded funds (ETFs), recent regulatory filings show. The delays affect proposals from investment firms, including VanEck, Ark Invest, Hashdex, and Grayscale — which has added a staking component to its ETH ETF application along with Fidelity — sparking discussions about the future of crypto ETFs in the US. Source https://t.me/Blockchain_Explained
Show all...
🟠 Binance seeks prime brokers’ help to skim off US investors from platform: Bloomberg Global cryptocurrency exchange Binance has requested prime brokers, such as FalconX and Hidden Road, to ramp up their screening processes of clients to prevent having U.S. investors on the exchange, Bloomberg reported on Tuesday, citing people familiar with the matter. The crypto exchange has been asking prime brokers to require additional information for their clients since around the time Binance pleaded guilty to U.S. charges in November, the report said. Source https://t.me/Blockchain_Explained
Show all...
⚪️ Worldcoin clarifies legality issues following 🇪🇸 Spain’s 3-month ban on its operations Worldcoin has publicly recently reaffirmed the legality of its operations across the globe amid rising regulatory concerns that have led some countries to halt its operations in their jurisdictions. Despite these hurdles, Worldcoin said it maintains a steadfast commitment to adhering to local and international laws, ensuring its innovative approach to identity verification remains accessible and compliant globally. Source https://t.me/Blockchain_Explained
Show all...
🪙 Ethereum activity drops ether supply to lowest levels since August 2022 Ethereum's latest upgrade, Dencun, was activated on March 13 — but the previous high-profile upgrade has helped decrease the total supply of ether substantially. As of mid-week, the total supply of ether declined to its lowest level since August 2022, according to data from CryptoQuant cited by CNBC. It was shortly after that date that Ethereum made its most significant upgrade in history by changing from proof-of-work to proof-of-stake — an upgrade known as The Merge. Source https://t.me/Blockchain_Explained
Show all...
💰 Bitcoin Is a Top 10 Financial Asset by Market Cap Bitcoin’s progress as the asset entered the top 10 financial assets in February by surpassing Warren Buffett’s Berkshire Hathaway. A few weeks down the line, BTC’s market cap exceeded $1.4 trillion and surpassed that of Meta and silver, becoming the 8th largest financial asset. The latest declines, though, have halted some of its progress, and BTC is now behind the metal. Source https://t.me/Blockchain_Explained
Show all...
💰 Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says U.S. prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to 40-50 years in prison for his conviction on fraud and conspiracy charges tied to the collapse of what was once one of the world's largest crypto exchanges. Prosecutors called their request for a $11 billion judgment "a particularly conservative sum" and noted that more than a billion dollars had already been seized. Source https://t.me/Blockchain_Explained
Show all...
💰 Galaxy Digital CEO: Bitcoin Unlikely to Fall Below $55,000 — 'That's the New Floor' Galaxy Digital CEO Michael Novogratz says he doesn’t believe the price of bitcoin will fall back down to the $50K-$55K level. “I think that’s the new floor unless something dramatic happens,” he described. “This has been a wild ride of an asset,” he added, noting that we’re in price discovery mode and if you look at the charts, $100,000 could be a bitcoin price target. Source https://t.me/Blockchain_Explained
Show all...
🪙 Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says America’s largest bank, JPMorgan (JPM), said the Ethereum network and its token ether (ETH) could be a notable contributor to the wider cryptocurrency ecosystem and a positive driver of Coinbase (COIN) earnings. JPMorgan, while maintaining its neutral rating, raised its price target for Coinbase to $150 from $95 to reflect the crypto market rally and the positive impact that ether has had on the exchange’s revenue. Source https://t.me/Blockchain_Explained
Show all...
🇺🇸 SEC charges 17 people in $300 million crypto Ponzi scheme targeting Latino investors The Securities and Exchange Commission charged 17 people for their roles in an alleged $300 million crypto-related Ponzi scheme that targeted tens of thousands of predominantly Latino investors. The scheme involved Texas-based CryptoFX LLC and affected 40,000 investors in ten U.S. states and two other countries, the SEC said on Thursday in a statement. Source https://t.me/Blockchain_Explained
Show all...
🪙 'Wolf of All Streets' Expects Mainstream Crypto FOMO to Return When DOGE Hits New All-Time High Scott Melker, also known as the “Wolf of All Streets,” has revealed his theory on the potential resurgence of mainstream fear of missing out (FOMO) in the crypto market. He asserted that people seem to forget that the mainstream fervor in the last bull market came through dog coins, like dogecoin, and non-fungible tokens (NFTs). Source https://t.me/Blockchain_Explained
Show all...
🟠 BNB Chain introduces rollup-as-a-service solution to expand its Layer 2 ecosystem BNB Chain has unveiled a rollup-as-a-service (RaaS) solution to enable the expansion of custom Layer 2 networks in its ecosystem. The RaaS will provide dapp projects with the infrastructure required to build cost-effective dedicated rollups on the BNB Smart Chain (BSC), including no-code deployment options. BSC is the third-largest blockchain by total value locked, with $6.1 billion in TVL compared to Ethereum’s $56.7 billion and Tron’s $10.5 billion, according to DeFiLlama data. Source https://t.me/Blockchain_Explained
Show all...
💰 Bitcoin maintains price resilience despite increased miner selling Miners play a pivotal role in dictating Bitcoin's supply dynamics and their decision to sell or hold is a strong indicator of the overall health of the crypto market. A deep dive into Glassnode's latest data reveals a fascinating trend: a gradual yet noteworthy reduction in BTC held in miner wallets, signaling consistent sell pressure. But what's driving this sell-off, and more intriguingly, how have recent monumental market events. Source https://t.me/Blockchain_Explained
Show all...
🟠 Nigeria asks Binance for data on its top 100 local users: report Nigeria has asked Binance to submit information on its top 100 users in the country — and its entire transaction history for the last six months — in the latest development of the dispute between Nigerian authorities and the exchange, Financial Times reported Tuesday. The country’s national security adviser also reportedly requested the exchange to settle outstanding tax liabilities. Source https://t.me/Blockchain_Explained
Show all...
💰 Spot bitcoin ETFs have been an ‘absurd’ success and blown away expectations in just two months Spot bitcoin ETFs have only been trading for exactly two months, and they’ve already made a massive impact on the cryptocurrency industry. Whether it’s the amount of inflows, the number of bitcoin acquired or the high levels of trading volume, they have beaten predictions in every metric. At the same time, they have buoyed a bullish bitcoin-led market and revitalized the crypto industry. Source https://t.me/Blockchain_Explained
Show all...
💰 JP Morgan CEO says he'll defend people's right to buy bitcoin JPMorgan Chase CEO Jamie Dimon said that despite his reservations towards bitcoin, he would still defend people’s right to purchase the asset if they wish. At this week's Australian Financial Review business summit in Sydney, Dimon discussed bitcoin's recent rally and offered his thoughts on the timing of this year's possible rate cut by the U.S. Federal Reserve. Source https://t.me/Blockchain_Explained
Show all...
🏦 Coinbase asks appeals court to direct SEC to begin writing rules for crypto An appeals court should direct the Securities and Exchange Commission to begin a "long-overdue rulemaking process," Coinbase argued on Monday. The Securities and Exchange Commission violated the Administrative Procedures Act by not engaging in rulemaking and for not providing a detailed reason why it denied Coinbase's rulemaking petition, Coinbase said in its opening brief filed on Monday in the Court of Appeals for the Third Circuit. Source https://t.me/Blockchain_Explained
Show all...
💰 Miners remain best equity proxy as bitcoin targets $150,000, Bernstein says Investing in bitcoin miners is the best equity proxy to bitcoin as the largest cryptocurrency by market cap heads toward $150,000, according to analysts at research and brokerage firm Bernstein. The analysts noted that miners almost always outperform bitcoin during bull markets and underperform during bear markets. “Investors have to take a through-cycle view and for us, we are still mid-way into the 2024-25 cycle and see every window of miner weakness as a buying opportunity,” they said. Source https://t.me/Blockchain_Explained
Show all...
💰 The Bitcoin Halving is Getting Near: Miners Need to Prepare, According to Fidelity Fidelity Digital Assets have stated in a recent report that while Bitcoin (BTC) holders typically anticipate the quadrennial reward halving to boost prices, miners must actively strategize to plan for the upcoming event to prevent going bankrupt. According to analyst Daniel Gray, miners must sustain their current hash rate, energy consumption, and infrastructure and face ongoing competition from the entire network, all striving to maintain profitability amidst the same challenges. Source https://t.me/Blockchain_Explained
Show all...
💰 Bitcoin’s road to new ATH was reflected in on-chain data Bitcoin recently matched its all-time high price of $69,000, only to experience a correction shortly after that. A new ATH marks a significant moment for the crypto market and serves as a critical moment for understanding the driving forces behind crypto rallies. It offers an empirical foundation to analyze the actions and sentiments of users and investors, providing insights into the current state and trends of the Bitcoin market. Source https://t.me/Blockchain_Explained
Show all...
💰 Bitcoin to Face 30% Price Correction: Dutch Analyst Popular Dutch analyst Michael Van de Poppe has predicted that bitcoin is likely to experience a 30% price correction in the near future. He tweeted this out yesterday but today, just a few hours before press time, the premier digital asset posted a new All-Time High (ATH) of $70k on coinmarketcap.com. Basically Van De Poppe is trying to establish that if the ETF-inspired pump is taken out of the equation, a price correction is quite likely and historically proven. Source https://t.me/Blockchain_Explained
Show all...
🇺🇸 Grayscale, Coinbase meet with SEC about spot ether ETFs Grayscale and Coinbase held another round of talks with federal regulators this week, making headway in the companies' plans to launch an ether spot exchange-traded fund. The companies on Wednesday attempted to assuage the Securities and Exchange Commission (SEC) concerns about the safety of a spot ether ETF, which would expose investors to the price movements of the second-largest cryptocurrency by market cap. Source https://t.me/Blockchain_Explained
Show all...
💰 BlackRock plans to purchase spot bitcoin ETFs for its Global Allocation Fund BlackRock may purchase spot bitcoin exchange-traded funds (ETFs) for its Global Allocation Fund, according to the U.S.-based asset manager’s updated filing with the Securities and Exchange Commission. The Global Allocation Fund, which utilizes U.S. and foreign equity, debt and money market securities in maximizing returns, held $17.8 billion in assets under management as of March 7, according to BlackRock. Source https://t.me/Blockchain_Explained
Show all...
🇺🇸 SEC pushes back timeline on BlackRock's spot bitcoin ETF options trading application The Securities and Exchange Commission is delaying a decision on whether to allow Nasdaq ISE, LLC to list and trade options on BlackRock's spot bitcoin exchange-traded fund until next month. The SEC said it was extending the time period to make a decision on whether to "either approve or disapprove, or institute proceedings" until April 24, according to a filing made on Thursday. Source https://t.me/Blockchain_Explained
Show all...
💰 Pantera eyes $250 million in discounted Solana tokens from FTX estate Crypto-focused asset manager Pantera Capital is raising funds to buy discounted Solana tokens from the bankrupt FTX exchange, Bloomberg reported on Mar. 7. According to the report, the company initiated the Pantera Solana Fund to acquire up to $250 million of SOL tokens from the distressed FTX estate. This move entails purchasing SOL at a discounted rate of approximately 39%, pegged at around $59.95 based on a 30-day average price. Source https://t.me/Blockchain_Explained
Show all...
🟠 Binance.US Hit by Layoffs and 75% Revenue Drop Amid SEC Lawsuit Aftermath: Report According to Fortune, Binance.US is facing significant challenges, including forced layoffs and a decline in revenue, following legal actions initiated by the U.S. Securities and Exchange Commission (SEC). In newly released court documents, Binance.US Chief Operating Officer Christopher Blodgett disclosed that the company has been compelled to terminate over 200 employees, amounting to two-thirds of its workforce, since June. Source https://t.me/Blockchain_Explained
Show all...
🇬🇧 UK Launches Consultation on Implementing OECD Crypto Reporting Framework The U.K. launched a consultation on its plans to implement the Organization for Economic Co-operation and Development's (OECD) crypto reporting framework on Wednesday following its spring budget speech. The Treasury, the government's finance arm, projected in its budget that implementing the crypto reporting framework could draw in £35 million ($45 million) between 2026 and 2027 and £95 million between 2027 and 2028. Source https://t.me/Blockchain_Explained
Show all...
🇺🇸 SEC request court to take further action after reaching ‘impasse’ with Binance.US The SEC filed a joint motion on March 5 requesting the court to take further action against Binance.US over allegedly failing to comply with regulatory requests for information on customer assets. Binance.US claims in the joint filing that it has fully complied with all of the regulator’s information requests and argued that the SEC’s actions have caused the firm “material damage. Source https://t.me/Blockchain_Explained
Show all...
Sign in and get access to detailed information

We will reveal these treasures to you after authorization. We promise, it's fast!