Business – Page 207

Tom Lee responds to controversy surrounding Fundstrat’s various bitcoin outlooks

A debate on X over whether Fundstrat analysts are sending mixed signals on bitcoin intensified over the weekend, leading to a response from the firm’s co-founder, that seemed to support a more nuanced explanation of the different views. The discussion began after an X user known as “Heisenberg” (@Mr_Derivatives) posted screenshots that he said showed […]

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Ethereum’s ‘Glamsterdam’ Upgrade Aims to Fix MEV Fairness

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Ethereum developers, fresh off last month’s successful Fusaka upgrade, which reduced the cost of nodes, are already busy planning the blockchain’s next big change. Enter “Glamsterdam”. The name is a portmanteau of two simultaneous upgrades taking place on Ethereum’s two core layers. The execution layer, where transaction rules and smart contracts live, will undergo the

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UNI rises after vote opens for proposal to strike protocol fees

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Uniswap’s UNI token rose about 19% over the past 24 hours as on-chain voting began on a major government proposal that would enable protocol fees and introduce a long-discussed UNI burning mechanism. UNI began climbing shortly after the voting period opened at 03:50 UTC on December 20, according to Uniswap management data. A one-day UNI-USD

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Trying to find out the market structure of the bill forecast

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There were no markup hearings in the past week on market structure legislation. Legislators still hold their firm positions close to the West. The question changes from “will we get a market structure bill this year” to “will Congress have enough time to push this bill across the finish line?” You’re reading State of Crypto,

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VanEck’s new Avalanche ETF application includes stake rewards for AVAX investors

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VanEck has updated its filing for an Avalanche exchange-traded fund, VAVX, to include stake rewards and generate income for investors. In an amended S-1 filed with the US Securities and Exchange Commission, the firm revealed that the fund can stake up to 70% of its AVAX holdings to generate returns, with Coinbase Crypto Services listed

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Hilbert Group buys Enigma Nordic in $32 million deal to boost crypto trading edge

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Hilbert Group (HILB), a Swedish investment firm specializing in algorithmic trading within the cryptocurrency market, has acquired high-frequency trading platform Enigma Nordic in a $32 million deal. The move gives Hilbert access to Enigma’s proprietary trading system, which executes market-neutral strategies across global cryptocurrency exchanges, the companies said in a press release. Enigma said it

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Victim Offers $1M Bounty, Legal Threat After $50M Crypto Theft

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A crypto user lost $50 million in USDT after falling for an address poisoning scam in a massive onchain exploit. The theft, discovered by Web3 security firm Web3 Antivirus, happened after the user sent a $50 test transaction to confirm the destination address before transferring the rest of the funds. Loading… Within minutes, a fraudster

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Bitcoin’s quantum debate is resurfacing and markets are starting to take notice

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Quantum computing and the threat it poses to encrypted blockchains have once again crept into online bitcoin conversations, raising concerns that it poses a long-term risk that investors and developers are still struggling to talk about in the same language. The latest flare-up in the debate followed comments from prominent Bitcoin developers pushing back against

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Brazil’s Generation Z Drives Crypto Boom As Stable Coins, Income Tokens Rise

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In Brazil, cryptocurrency adoption is not being led by traders betting big on volatile tokens. It is being shaped by younger, more cautious investors who often use stablecoins and tokenized bonds as a way to protect their wealth. According to new data from local cryptocurrency exchange Mercado Bitcoin, shared with CoinDesk via a report titled

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Bitcoin’s (BTC) four-year cycle is working as expected

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It has become fashionable lately to reject bitcoins BTC$88,182.70 the four-year cycle – and the inevitable boom and bust it entails – as an anachronism. Just in the past week, Bitwise’s Matt Hougan and ARK Invest’s Cathie Wood have thrown their considerable weight behind the idea of rejecting the four-year cycle. Each noted the ETFs,

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