
According to a senior commodity analyst, Bitcoin’s BTC volatility puts it behind gold and the U.S. dollar in some investment perspectives. Meanwhile, BTC may crash harder than the stock market during a recession.
Mike McGlone, senior commodity analyst for Bloomberg, spoke about the market’s volatility in a panel .
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Farallon Capital Management, Cetera Investment Advisers, and BigSur Wealth Management have reported multi-million dollar investments in spot Bitcoin ETFs in the first quarter.
Farallon Capital, a San Francisco-based hedge fund manager, disclosed an $85.2 million investment in Grayscale’s GBTC on May 24.
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Every 96th person on the planet currently owns at least $1 in Bitcoin
In 2022, Finbold reported that there are as many as 35 million addresses holding at least $1 worth of BTC.
Figures retrieved in May 2024 that the number has risen significantly, and there are, in fact, as many as 84 million such addresses.
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Uniswap Labs and Across Protocol introduced a new Ethereum token standard called ERC-7683.
ERC-7683 aims to create a universal filler network for all cross-chain intents to follow in their order structure, tackling relayer fragmentation.
This would result in lower costs for fillers, a broader filler network for apps.
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olana Leads with 91M Daily Transactions, Surpasses Ethereum.
Solana has proven to be the fastest among large blockchains, processing a staggering 91 million transactions in a single day.
This makes the blockchain an impressive 46 times faster than Ethereum and over 5 times faster than Polygon.
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zkSync announced that its decentralization process is complete, suggesting an imminent token launch. The upcoming release of v24 is the final planned protocol upgrade before transferring network governance to the community. The remaining components are expected to be finalized by the end of June.
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Tether Operations Limited, the largest entity in the digital asset ecosystem, announced a strategic partnership with Oobit, a mobile payment app, and the TON Foundation.
The partnership will enhance the user experience for transactions with its digital assets, USDT and Tether Gold (XAUt), on The Open Network (TON).
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Vitalik Buterin has introduced a new draft proposal, EIP-7706, which proposes several enhancements. These include the addition of a new type of gas for transaction calldata, the introduction of a new transaction type that offers max_basefee and priority_fee as a vector to supply values for execution gas, blob gas.
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