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Ethereum co-founder Vitalik Buterin announced The Purge, the fifth in a series of proposed upgrades aimed at streamlining the complexity of the Ethereum network’s data storage and protocols. This update is critical because Ethereum’s long-term scalability, security, and sustainability depend on a stable and manageable data architecture. Ethereum data storage initiatives Buterin’s Purge upgrade introduces a framework targeting Ethereum’s growing storage needs. By removing old network history, it aims to alleviate bottlenecks and reduce the hard drive space required to run nodes. Currently, running an Ethereum node requires approximately 1.1 terabytes of disk space for the execution client alone, and…
Tether, the issuer of the world’s largest stablecoin USDT, has announced that the Wall Street Journal (WSJ) has published a report stating that the company is under investigation by US federal authorities for suspected money laundering violations. He is taking a defensive stance. The report cited anonymous sources as saying that the U.S. attorney’s office in Manhattan is scrutinizing whether Tether is being used by third parties to facilitate illegal activities such as drug trafficking, terrorist financing, and hacking. He claimed that there was. It also indicated that investigators were looking into whether Tether was indirectly supporting sanctioned organizations, including…
According to recent market analysis, Tether’s rising dominance signals a possible bearish shift in Bitcoin. The opposite trend between Tether and Bitcoin suggests that Bitcoin’s recent rally may not last. Investors are watching Tether’s upward momentum as a sign of possible future volatility in the Bitcoin price Tether Dominance (USDT.D) has recently attracted market attention as it could indicate a bearish trend in Bitcoin going forward. In a recent X post, Alan Santana pointed out that USDT’s increasing market share could indicate a change in Bitcoin’s trend. #USDT 📈 Tether’s dominance says Bitcoin is falling The decline in Tether Dominance…
Cover image (from U.Today) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. Cardano founder Charles Hoskinson announced his ambition to strengthen the Bitcoin ecosystem by relaunching the Bitcoin Education Project…
Analyst Kevin Svenson believes Bitcoin (BTC) is still on track to hit new all-time highs despite months of price volatility. In a new video, Svensson told his 80,100 YouTube subscribers that based on historical precedent, Bitcoin may be on the verge of entering the most explosive phase of the market cycle. “Bitcoin sits in a very familiar position… After the first halving in 2012 and reaching an all-time high, it took about 41 months for Bitcoin to start trending above its all-time high. After rising to all-time highs from the second halving in 2016, it took about 36 months for…
Shiba Inu (SHIB) could challenge Dogecoin’s market cap, while WallitIQ (WLTQ) token priced at $0.0171 is poised to soar 7,000x in exchange listing. Dogecoin has long reigned as the king of meme coins, but its dominance may soon be threatened. Shiba Inu (SHIB), often referred to as the “Doge Killer,” is currently attempting to challenge Dogecoin’s price and market cap. But while the battle between Shiba Inu (SHIB)’s market cap and Dogecoin’s is making headlines, a new competitor is emerging that could completely steal the spotlight, especially when it comes to exchange listings. WallitIQ (WLTQ) is a $0.0171 AI-powered token…
Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. BlackRock, a top investment asset management company, remains at the top of the Bitcoin (BTC) acquisition game. On…
Benzinga and Yahoo Finance LLC may earn commissions or revenue from some items through the links below. While everyone is experiencing FOMO due to the AI craze, many investors are looking to balance their portfolios by adding reliable dividend stocks. Josh Duitz, Abdon’s deputy head of global equities, predicted in January that dividend stocks would play an important role this year. In an interview with CNBC, the analyst said that since 1936, dividend stocks have accounted for about 36% of overall market returns. He believed that even if there was a recession, the dividends would outperform. Don’t miss: But which…
Neiro has experienced a significant price increase recently. However, the future of this meme coin looks uncertain as traders start cashing in. Meanwhile, the upcoming Ethereum Pectra fork promises significant improvements in layer 2 scalability, aimed at faster transactions and lower costs. What you can’t miss is that BlockDAG (BDAG) is back in the spotlight. Following a $102 million presale milestone, BlockDAG is introducing a new, more user-friendly website that demonstrates the company’s commitment to making technology easier for everyone. Early backers enjoying returns of up to 1960% and new users alike are excited to check out the revamped site.…
The cryptocurrency market has come a long way from being a collection of digital assets that served as a speculative investment. Revenue sharing has recently become a prominent issue for investors, and this has put Ethereum and XRP in trouble. Meanwhile, the desire for revenue sharing has made Rollblock one of the most popular cryptocurrencies on the market. Let’s take a closer look at the appeal of this emerging token and why Ethereum and XRP investors are eagerly seeking it out. Rollblock dominates the market with generous revenue sharing program Rollblock is an exciting newcomer to the cryptocurrency market, offering…