Crypto Calendar News

📣 Grayscale CEO Michael Sonnhenshein Steps Down Michael Sonnhenshein – CEO of the world’s largest Bitcoin ETF, Grayscale – has stepped down from his position, according to a company press release on Monday. Mintzberg will assume his new role on August 15, 2024, and simultaneously join the firm’s Board of Directors. In the interim, Grayscale’s Chief Financial Officer Edward McGee will assume responsibility as the firm’s leader. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

🪙 Vitalik Buterin addresses threats to Ethereum's decentralization in new blog post Vitalik Buterin, co-founder of Ethereum, has responded to criticism levied at the blockchain in a detailed blog post breaking down three issues core to Ethereum's centralization: MEV (miner or maximal extractable value), liquid staking, and the hardware costs of running a solo node. Buterin noted that concerns around Ethereum's design in these three key areas are "widely shared," adding, "They are concerns that I have on many occasions had personally." . Source https://t.me/Bitcoin_Crypto_Coin_Calendar

🇮🇳 Indian Regulator Advocates Multi-Agency Approach for Crypto The Securities and Exchange Board of India (SEBI) has submitted its recommendations for regulating crypto assets to a government panel. SEBI suggests multiple regulators for different aspects of cryptocurrency trade. India’s central bank, the Reserve Bank of India (RBI), however, views crypto as a macroeconomic risk, highlighting concerns about tax evasion and fiscal stability. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

🇳🇬 Nigerian court denies bail to 🏦 Binance executive, intensifying crypto industry tensions A Nigerian High Court has denied bail to Binance executive Tigran Gambaryan, citing concerns that he might flee the country. The lawyer for the prosecutors, Ekele Iheanacho, firmly opposed Gambaryan’s bail application. He pointed out that the Binance executive recently attempted to obtain a new passport under dubious circumstances, alleging his previous one was stolen. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

💰 Bitcoin power-law model projects $100k value before January 2025 The Bitcoin (BTC) Power-Law Model, coined by Giovanni Santostasi, provides a mathematical description of BTC’s price movements, revealing a power-law distribution on a log-log scale. However, its predictive capabilities for future price movements are limited due to the absence of assumptions about broader markets and external factors. While it is an excellent indicator of BTC’s past growth, its effectiveness in forecasting future price trends is constrained. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

🪙 MakerDAO founder says fully decentralized 'PureDai' will launch in few years MakerDAO founder Rune Christensen said a future token, PureDai, will serve as a fully decentralized alternative to its U.S. dollar-pegged stablecoin. Known as PureDai, the stablecoin will operate exclusively on the Ethereum mainnet and use ether and Lido staked ether (stETH) as collateral backing — fully relying on decentralized oracles. It will also have a free-floating peg, meaning the decentralized stablecoin may not be pegged to the dollar. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

💰 ShibaSwap 2.0 Goes Live On Shiba Inu’s Layer 2 Blockchain The DEX will feature improvements from the ecosystem’s Ethereum-based app, and expand the utility of the Shibarium blockchain. Per a press release shared with CryptoPotato, ShibaSwap 2.0 will include new features like improved user processes for adding and reducing liquidity, staking and trend analysis. It will also feature discovery charts for new and trending tokens, and foster onboarding for new tokens into the ShibaSwap market. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

🪙 Ether options traders brace for end-of-month volatility around ETF decision deadline Ether options traders are gearing up for end-of-month volatility due to the strong possibility that the U.S. Securities and Exchange Commission (SEC) will not approve two spot ether ETF filings. According to Wintermute OTC Trader Jake Ostrovskis, the market currently assigns just a 16% chance of these ETFs being approved by the end of May. Ostrovskis added that ether options implied volatility will likely rise towards the end of the month, especially around the time when the SEC is expected to make decisions regarding spot ether ETFs. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

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🪙 Vitalik Buterin drafts EIP-7706, proposing new calldata gas type for Ethereum Ethereum co-founder Vitalik Buterin has proposed a new Ethereum Improvement Proposal, EIP-7706, suggesting a new category of gas for transaction calldata. Ethereum transactions currently involve two main types of gas: one for execution, which covers the computational effort required to process a transaction, and one for storage, which is the cost related to storing data with “blobs.”. Source https://t.me/Bitcoin_Crypto_Coin_Calendar