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Ronaldo Fanclub

@cristiano

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286 Followers
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Ethereum futures markets suggest rally to $3.7K is highly unlikely Analysts warn that a spot ETH ETH approval might not produce the bullish price outcome that many traders expect. Do futures markets agree? Analysts say the spot ETH ETF launch could disappoint Some analysts believe that the timing of the Ethereum spot exchange-traded fund (ETF) launch is unlikely to result in substantial net inflows under the current market conditions. Even though the regulator dropped its investigations into Consensys, a prominent Ethereum ecosystem company, and shelved the potential classification of Ethereum staking as a security, the broader economic environment remains challenging. Bloomberg ETF analysts Eric Balchunas and James Seyffart project that Ethereum ETFs could attract between $1 billion and $2 billion in the initial weeks. Likewise, Stephen Richardson, managing director of financial markets at Fireblocks, told Cointelegraph that he expects significantly lower inflows at the Ethereum ETF launch.
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Satoshi era Bitcoin wallet wakes up after 14 years, sends 50 BTC to Binance The Bitcoin wallet belongs to a miner who earned 50 BTC as mining rewards in July 2010, a time when BTC was trading at $0.05. A Satoshi-era Bitcoin wallet dating back to 2010 woke up from dormancy after 14 years and sent 50 Bitcoin to the Binance crypto exchange. The Satoshi era refers to the period between 2009 and 2011, during which Bitcoin’s pseudonymous creator, Satoshi Nakamoto, was active on online forums. wallet is linked to a BTC miner who earned 50 BTC as mining rewards in July 2010. These are some of the earliest mined Bitcoin when the mining reward per block was 50 BTC. The current block reward is just 3.125 BTC. The Bitcoin miner earned the 50 BTC block reward when BTC was trading at a price of around $0.05 and was barely a year old. At the time, the value of the BTC holdings was a mere $25.
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TRON Founder Justin Sun Wins Landmark Case in the People's Court of China Geneva Switzerland, June 26, 2024 – TRON DAO welcomes an unprecedented victory by its founder Justin Sun in the People’s Court of China over a landmark defamation suit filed against the Chongqing Business Media Group (“the Media”). Per court order, the Media has removed all of its false contents and issued a formal statement of apology to Sun, who has long been a target of media misrepresentations. The Media acknowledged in the statement that it had published false and defaming contents without fact-check or evidence, severely damaging Sun's reputation. “The rumor-monger has finally published an apology on the People’s Court’s website,” Sun said on an X post. “Although it took two years, justice has arrived.”
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Bitcoin startup Rebar raises $2.9M to build MEV products Rebar, a Bitcoin analytics software startup, announced on Thursday that it raised $2.9M in seed funding to build what is being described as the first dedicated Bitcoin-based MEV product. The round was led by 6th Man Ventures, with participation from ParaFi Capital, Arca, Moonrock Capital, and UTXO Management. MEV, or maximal extractible value, is the process of ordering transactions to earn higher fees. “Rebar recognizes that MEV (Maximum Extractable Value) strategies are emerging on Bitcoin, similar to those seen in DeFi on Ethereum,” according to a press release. “The company recognizes both the challenges and opportunities presented by MEV, aiming to develop solutions that balance network efficiency with user protection and equitable value distribution across the Bitcoin ecosystem.”
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