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On May 31, Solana Labs announced that 97.4% of the stakeholders had embraced the v1.14 upgrade of the validator client. The platform published a blog unveiling what v1.14 unlocks and how the upgrade works. The v1.14 upgrade to the @SolanaLabs validator client has been adopted by 97.4% of stake. Learn more about what v1.14 unlocks and how upgrading works: https://t.co/JEi1U9k4gU — Solana Status (@SolanaStatus) May 30, 2023 In the article, Solana Labs recapped that following a series of upgrades, Solana Labs engineers suggested that all mainnet-beta validators adopt v1.14 for the Solana Labs validator client on May 21. However, yesterday the 97.4% adoption news was published. Solana Labs highlights that the release of the validator client version 1.14 brings a range of noteworthy enhancements aimed at enhancing the Solana network’s user experience. It is important to note that while these Features are part of the release, their availability is contingent upo...

Roger Ver said that Ethereum, not Bitcoin, will lead the most new users to crypto. Early Bitcoin (BTC) investor and Bitcoin Cash (BCH) advocate Roger Ver claimed that Ethereum, not Bitcoin, will be responsible for driving the bulk of new users towards crypto .  On a May 31 episode of the Show Me The Crypto podcast, Ver — labeled “Bitcoin Jesus” for his early Bitcoin advocacy — said that despite Ethereum’s scaling issues and the other layer-one “clones” that have popped up in its wake, the Ethereum ecosystem is still where the action is: “Even though Ethereum doesn’t have the biggest market cap compared to Bitcoin, I think Ethereum is the front-runner in terms of driving worldwide adoption.” Ver praised the rise of Ethereum Virtual Machine-compatible (EVM) blockchains and layer-2 scaling solutions such as Polygon (MATIC) that can help share some of the load away from the main chain. Ver provides an account of the “civil war” that occurred in the early days of Bitcoin between Etheruem’...

The largest stablecoin in the world Tether [USDT] has been making quite some noise following its inclination towards Bitcoin [BTC]. Recently, the stablecoin issuer revealed its $1.5 billion BTC reserve. Alongside, the network announced that it would allocate up to 15% of its profits towards purchasing the king coin. Now, in another BTC-friendly move Tether revealed that it would start Bitcoin mining operations in Uruguay. In a recent announcement, the stablecoin issuer confirmed a partnership with a local licensed company. However, the specific name of the firm was not disclosed. Paolo Ardoino, CTO of Tether , elaborated on this partnership and said, “By harnessing the power of Bitcoin and Uruguay’s renewable energy capabilities, Tether is leading the way in sustainable and responsible Bitcoin mining. Our unwavering commitment to renewable energy ensures that every Bitcoin we mine leaves a minimal ecological footprint while upholding the security and integrity of the Bitcoin networ...

Join Our Telegram channel to stay up to date on breaking news coverage Crypto prices surprised investors with a quick uptick on Sunday, but it remains to be seen whether it is the beginning of a sustained recovery or just late buyers entering the market. As a result, Bitcoin (BTC) and Ethereum (ETH) are leading the gains on Monday among the top-cap non-stablecoin cryptocurrencies. Bitcoin, the largest cryptocurrency by market capitalization, rose as much as 6.23% over the last day to trade above the $28,000 psychological level. It now trades at $27,907, up 2.66% over the last 24 hours and its market capitalization has reached $541 billion, according to data from CoinMarketCap .   Ethereum is the biggest gainer among the top cryptos by market value, rising 3% over the last 24 hours to trade at $1,902. This points to increased investor interest in the proof-of-stake (PoS) token, suggesting that it would be among the best performers once the crypto market enters a recove...

Staking rewards following Ethereum’s Shanghai upgrade have made it easier for investigators to spot counterintuitive behavior by ETH holders. With its historic Merge event in September, Ethereum has become a proof-of-stake blockchain. The mechanism now used to confirm transactions relies on validators staking their Ether (ETH). Ethereum’s March upgrade, codenamed Shanghai, finally enabled stakers to withdraw their locked Ether.  The Ethereum ecosystem’s “investment themes” have included a) decentralized finance (DeFi) b) stablecoins c) Bitcoin (via wrapped versions of BTC) and d) non-fungible tokens (NFTs). With the upgrade , the network also began providing fixed-income assets. There are currently several ways people make money on or using Ethereum. Broadly, they can be grouped into “investment themes,” including: a) decentralized finance (DeFi); b) stablecoins; c) Bitcoin (BTC) (via wrapped versions of BTC); and d) nonfungible tokens (NFTs). Following Shanghai, the network began to ...

XRP Price Analysis In a Twitter thread, Dark Defender shared his bullish predictions regarding XRP’s price movement. The analyst noted that XRP successfully broke the $0.4696 resistance level, confirming their previous expectations. advertisement Upon analyzing the daily and monthly charts, analyst emphasized the importance of the $0.50 price point as a significant milestone for XRP. They believe that breaking this level holds massive significance in reaching a major resistance point of $1.3 and potentially surpassing it. Will XRP Reclaim $0.5..? Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read ...

In a recent market Analysis , the prominent crypto trader and analyst Michael van de Poppe delved into the potential impact of interest rate pauses and key resistance levels on the future of Bitcoin (BTC). In his video, van de Poppe predicted that BTC’s price could rise to above $38K in the coming weeks. According to the analyst, the latest FOMC meeting minutes hinted at the possibility of interest rate pauses. He predicted that the pauses might occur in the next meeting or the one thereafter, which could potentially fuel the crypto market. This is due to the fact that a pause in interest rates is generally seen as positive for market sentiment. Weekly chart for BTC/USDT (Source: TradingView) Meanwhile, BTC has been struggling to break through the crucial resistance level at $30K. Van de Poppe emphasized the significance of the 200-week Moving Average (MA) and the 200-week Exponential Moving Average (EMA) beneath BTC’s price, indicating that these levels were crucial to...

Nvidia ’s valuation had a phenomenal Thursday, as Stocks rose over 20%. The company shared its quarterly sales outlook on May 25, and it is nearing a trillion-dollar valuation. With demand raging for its processors used in AI technology, shares soared. “We’re seeing incredible orders to retool the world’s data centers,” Jensen Huang, Nvidia’s chief executive, told analysts Wednesday on a conference call. Source: CNBC Nvidia ’s chips power various forms of AI technology, which have seen a boom in usage this year. Additionally, as cryptocurrency has started to gain momentum again, Nvidia has also seen more demand, as various crypto exchange systems require chip technology as well. At the close of trading on Wednesday, Nvidia ’s market capitalization hit $755 billion, the fifth-highest public valuation in the United States. Nvidia ’s shares have more than doubled in 2023. Analysts are in a disagreement over just how high Nvidia’s valuation can soar. While some see...

The crypto market structure is still in a dilapidated state, facing shrinking volumes. Ethereum price has been pivoting around $1,800 for a few days with the tug of war between the remaining bulls and bears getting fierce. Two key levels are likely to determine where the largest smart contracts token with $214 billion in market capitalization is heading, starting with an ascending trendline and the 50-day Exponential Moving Average (EMA). Despite the stability exhibited by Ethereum following the rejection from $2,000 earlier in the year, its downside appears vulnerable. That said support provided by the trendline around $1,750 is bound to play a vital role in what happens next. Ethereum Whales Back in Accumulation Mode At the time of writing, Ethereum price is trading at $1,775 amid the risk of a weakening downside. It has been a challenging time for most cryptocurrencies with on-chain data from Glassnode indicating that ETH addresses with at least 10,000 coins had hit a six-month ...

Join Our Telegram channel to stay up to date on breaking news coverage Apple has announced a multi billion -dollar deal with U.S. chip maker Broadcom Inc. to provide high-quality 5G components made in Colorado and other states. The strategic partnership is part of Apple’s expansion plan to source more components from American facilities and create a seamless work relationship between suppliers. Apple Investment: Tech Giants Assert to Buy Domestically and Deepen Investment in the United States Apple, the industry leader for technology, announced on Tuesday that it had struck a multi billion -dollar deal with Broadcom Inc. to supply 5G radio frequency. Apple announces multibillion-dollar deal w/ Broadcom for components made in USA. Through this collaboration, Broadcom will develop 5G radio frequency components — including FBAR filters — and cutting-edge wireless connectivity components $AAPL $AVGO $QCOMhttps://t.co/uVfzmt0jOM — Samir Khazaka (@SamirKha...

Christy Goldsmith Romero, a commissioner at the Commodity Futures Trading Commission (CFTC), has said it is impossible for the agency to police all instances of fraud due to the vast amount of alleged scams in the crypto space. Romero acknowledged this challenge in law enforcement at a white-collar crime conference held at the New York City Bar Association on Tuesday. However, she emphasized the agency’s commitment to taking action by actively pursuing several significant cases. In her words: There’s just a lot of fraud in the space. There’s just no way we can police all the fraud, but we’ve got to do something. Furthermore, Romero revealed that crypto-related matters constitute approximately 20% of the CFTC’s case portfolio, including recent developments involving two prominent exchanges, Binance and FTX. In March, the CFTC filed a lawsuit against Binance and its founder and CEO, Changpeng Zhao, alleging the operation of a sham compliance p...

The mixed martial arts organization, Professional Fighters League, will use NFT tickets, becoming the latest sports body to explore the Web3 ticketing functionality. Nonfungible tokens (NFTs) use case as a ticketing solution continues to grow as the mixed martial arts organization, Professional Fighters League (PFL), adopts the technology. The PFL, which Features a season format that differs from the massively popular Ultimate Fighting Championship, has partnered with Web3 firm CrossTower to roll out NFT ticket s powered by Ripple’s XRP Ledger. The launch of the ticket s will coincide with the start of the 2023 fighting season and marks the fifth year since the PFL began. An announcement shared with Cointelegraph highlighted many exclusive add-ons included in the NFT VIP tickets, including cage-side seating, attendance of pre-fight weigh-ins, meet and greets with fighters from the PFL, ring walk experiences and more. Related: Beyond collectibles: How NFTs are revamping the ticket in...