Breaking down Bitcoin bridges: Insights from RootstockLabs

Difficulty follows the hash rate to hit levels never seen before, underscoring miners’ faith in long-term profitability. 2172 Total views 11 Total shares Bitcoin (BTC) may have tanked to six-month lows this week, but under the hood, the network is now verifiably stronger than ever.Data from on-chain monitoring resources including Glassnode and BTC.com confirms that…

The U.S.-China tensions, the Russia-Ukraine war, higher energy prices, rising inflation, the COVID-19 pandemic and cyberattacks came out as some of the most pressing financial risk concerns. 682 Total views 5 Total shares While proponents of traditional finance remain keen on dismissing Bitcoin (BTC) and the crypto ecosystem as financial risks, a survey conducted by…

Dalio sees gold as a hedge against inflation but also has a bit of BTC in his portfolio. 173 Total views 89 Total shares Hedge fund manager Ray Dalio says he’s still bullish on Bitcoin but has a greater penchant for gold.Speaking to CNBC on August 4, the billionaire investor admitted to owning a “very…

2021 has been a breakout year for the cryptocurrency sector, as the passage of the first Bitcoin (BTC) exchange-traded fund (ETF) is a sign that crypto is becoming more mainstream and has the potential to lead to an increase in investors’ exposure to BTC.The influx of new participants into the market throughout the year has…

Following the U.S. SEC’s approval of spot Ether exchange-traded funds, VanEck has launched its Ethereum Strategy ETF. 2945 Total views 15 Total shares Investment management firm VanEck is set to launch its Ethereum Strategy ETF on Oct. 2, with the product now listed on its website under the ticker EFUT and set for trading on the

Cryptocurrency protocol Stellar (XLM) announced that it intends to remove its inflation feature in an upcoming upgrade.According to the Stellar Development Foundation’s (SDF) blog post published on Sept. 30, developers are keen to discard the inflation tool, which they say now offers little functionality to network participants. Users to vote on inflation removalPer the blog post,…

Global messaging app Telegram has reportedly launched a private beta testing of its blockchain, Telegram Open Network (TON), Russian media outlet Vedomosti reports on April 11.According to Vedomosti, Telegram has opened access to a testing version of TON Blockchain to a limited number of global developers, including Russian dev teams.Citing two anonymous persons who acquired…

Dynamic Set Dollar (DSD) coupon holders with $83 million have bought out the largest bear on the project. 1581 Total views 6 Total shares A coalition of DSD whales has bought out the biggest bear entity on the project allegedly responsible for consistently keeping the token price below the $1 peg.Posting on the DSD discord…

Most Cardano hard forks have preceded ADA price crashes, and Vasil looks no different. 125 Total views 3 Total shares Cardano's (ADA) long-awaited Vasil update went live on Sept. 22, which promises to make its blockchain more scalable and cheaper than before. However, this has failed to bring bullish momentum to the ADA market.Sell-the-news hampers…