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Ethereum co-founder Vitalik Buterin announced “The Splurge,” a comprehensive set of protocol upgrades aimed at addressing various challenges within the Ethereum ecosystem. In his latest blog post titled “Future Possibilities for the Ethereum Protocol, Part 6: Splurge,” Buterin describes the technology for upcoming enhancements that will push Ethereum toward a more performant, secure, and scalable future. delving into the complexities of “The Splurge” is designed to address a collection of “little things” in Ethereum protocol design that don’t fit neatly into existing upgrade categories. According to Buterin, these elements are “invaluable to Ethereum’s success” but must be dedicated to because…
The Ethereum network maintained its staking reward rate near 3% in Q3 2024, a slight decline from over 3.5% earlier this year. This yield is still significantly lower than that of other popular proof-of-stake networks such as Cosmos, Polkadot, Celestia, and Solana. Staking rewards for these competing networks range from 7% to 21%. Ethereum continues to underperform in bull market The decline in staking rewards impacts the Ethereum ecosystem in two ways. Lower yields may help curb inflation in the network, making it more attractive to long-term holders, but may disincentivize some new or existing validators seeking more competitive returns.…
The top crypto exchange by trading volume is launching a new platform built with high-net-worth customers in mind. According to a new press release, Binance will launch Binance Wealth, a platform for wealth managers. “Binance Wealth allows wealth managers to oversee client onboarding and make investment recommendations during and after onboarding while clients maintain full discretionary control similar to traditional wealth management. You can receive strong support from As the name suggests, the new platform is aimed at asset managers, but there is no limit to the amount of assets that must be managed in order to use the platform.…
Members of the crypto industry have expressed displeasure with the U.S. Treasury Department’s new national strategy for financial inclusion. Although the strategy is committed to a new financial approach, it mentions cryptocurrencies as a risk. With the US presidential election just days away, the newly announced strategy could hurt Kamala Harris’ chances. U.S. Treasury Secretary Janet Yellen unveiled a new National Strategy for Financial Inclusion (NSFI) in a speech at the ABA Annual Conference on Tuesday, but the issue did not sufficiently mention cryptocurrencies. . With the US presidential election just days away, this could have a negative impact on…
Tuesday’s biggest S&P 500 gainers 2 hours 5 minutes ago progressive Cadence Design Systems (CDNS) stock soared 12.5% on Tuesday, upping the daily performance of S&P 500 stocks after the electronic design automation company reported better-than-expected quarterly results and raised its full-year guidance. I came out on top. Revenue from the company’s Cadence.AI portfolio, which incorporates generative AI and big data analytics into the design process, more than tripled year over year. Incyte (INCY) reported third-quarter profits that were lower than analysts expected, but the pharmaceutical company’s revenue for the period beat expectations and the company’s stock price rose 12.0%.…
Today was almost that day.Bitcoin’s price rose above $73,000 on Tuesday afternoon, leaving it just over $175 away from a new all-time high and surpassing its previous all-time high of $73,737 in March. And then it fell.Eager crypto investors were no doubt glued to their screens this afternoon, watching Bitcoin lead the way in ultimately pushing the entire market higher. After hitting $70,000 late Monday for the first time in five months, BTC prices continued to rise on Tuesday, just one week before the US presidential election.But it wasn’t meant to be. At least not yet. As of this writing,…
Cryptocurrency platform company Coinbase Global COIN may announce its third-quarter results at the perfect time, with the leading cryptocurrency Bitcoin BTC/USD trading near all-time highs. Here’s what analysts and investors are looking for as the company makes its announcement after the market closes on Wednesday. Revenue Forecast: Analysts expect Coinbase to report third-quarter revenue of $1.25 billion, up from $674.2 million in the third quarter of last year, according to data from Benzinga Pro. The company has exceeded analyst revenue estimates for seven consecutive quarters. Analysts expect Coinbase to report third-quarter earnings of 43 cents per share. This was up…
advertisement In the ever-changing world of cryptocurrencies, new altcoins are attracting the attention of market analysts. Top analysts predict that it could outperform established meme coins such as Shiba Inu (SHIB) and Dogecoin (DOGE) in the coming months. This “hidden” crypto asset could bring huge profits and surprise many in the industry. According to analysts, a significant influx has been detected, indicating that users are starting to notice this hidden gem. They believe this could be a prime candidate for the next wave of crypto profits. Shiba Inu (SHIB) and Dogecoin (DOGE) have experienced massive price increases in the past,…
Meme coins Dogecoin and Shiba Inu have seen double-digit gains in the past 24 hours, with many holders seeing gains overnight. Dogecoin, often hailed as the king of meme cryptocurrencies, led this rally with a 16% rise in 24 hours, quickly breaking through key resistance levels at $0.15 and $0.16. The rally is not limited to DOGE. Another popular meme coin, Shiba Inu, also benefited from positive market sentiment, registering an increase of around 10% during the same period. This surge in the prices of Dogecoin and Shiba Inu can be attributed to recent developments in the US election situation,…
With a bearish cloud dominating Dogecoin prices, price action experts and DeFi ecosystem analysts are bagging some quality Shiba Inu (SHIB) into their primary investment positions in WallitIQ (WLTQ). He issued a serious warning that replenishment is the path to amazing success. Cryptocurrency profits. The WallitIQ (WLTQ) cryptocurrency itself is ahead of the Shiba Inu (SHIB) token with a next-generation AI-powered cryptocurrency wallet. All the more reason why investment experts say investors should keep an eye on WallitIQ (WLTQ)’s pre-sale, with some complementary features. Shiba Inu (SHIB) token. WallitIQ (WLTQ) Cryptocurrency replaces Shiba Inu (SHIB) in its current scheme of…