Author: Kent Tenix

Donald Trump, the former president of the US, temporarily exceeded $10 million in on-chain crypto asset ownership on Monday due to his largest coin, TRUMP. The blockchain intelligence company Arkham revealed on May 27 that Donald Trump, a potential presidential candidate, has more than $10 million in crypto holdings. TRUMP, the MAGA meme coin, jumped to an all-time high of $13.24 on May 27, which sparked the rise to a seven-figure portfolio. According to Arkham, Donald Trump possesses 579,290 TRUMP tokens, which have a value of around $6.79 million. Due to Donald Trump’s support of crypto, meme coin has increased…

Expectations for the alt season have increased as a result of rising altcoin market capitalization and a fall in Bitcoin’s dominance. Experts are making predictions about when the alt season will begin. This comes after a recent capitalization of all crypto, including Ether (ETH). A significant resistance level in market capitalization is now in each. Since Ether has gained 27% in the last seven days, analysts and traders in crypto have been keeping an eye on altcoins. According to TradingView, the total market capitalization of altcoins is approximately $1.16 trillion. It has risen by 15% in the last two weeks…

In a volatile market, Bitcoin cash stays above the mark of $490. It came into existence as the outcome of a Hard fork in the Bitcoin blockchain. In May, Bitcoin cash showed a small high by hitting a mark of $524, and the market cap stood at $755.66 million. While reviewing a 7-day graph, it showed a gain of 0.29%, which is below expectations as per CoinMarketCap data. Source: CoinMarketCap BCH Price Prediction Source: Trading View The bitcoin cash market cap topped $9.7 billion and showed a 3.4% return in the current month, as per CoinMarketCap. In a weekly time…

Aptos has seen a surge in transactions due to the release of the new tap-to-earn game Tapos Cat. The game has gained rapid popularity. Former Facebook workers created the layer-1 blockchain platform Aptos, which passed a significant transaction milestone. On May 25, 115.4 million transactions took place on Aptos in a single day. This exceeded Solana’s daily total of 31.7 million transactions. The increase in transaction volume established a new standard. Aptos overtook Sui Network’s previous L1 record of more than 65 million transactions. This was a significant margin of more than 50%. The day also recorded an all-time high…

Paw Chain is a cutting-edge initiative that is redefining cryptocurrencies and digital finance. By integrating various blockchains, PAW Chain transforms the way different industries interact and conduct business in the crypto world. It seeks to unite the blockchain community and increase public acceptance of the crypto field. We can use PAW Chain to set up all our utilities and let them operate with low transaction costs. PAW Chain will undergo several improvements in its early life, but its initial interaction will be a customized Layer 2 with a special consensus mechanism. Designed to reduce transaction times, get rid of traffic,…

Eleanor Terrett disclosed that on May 22, the SEC began talking with issuers of Ethereum ETFs related to S-1 forms. On May 22, the U.S. SEC started talking to possible issuers of Ether ETFs. As a result, several people expected clearance right away. Journalist Eleanor Terrett reported that SEC employees spoke with issuers of Ether ETFs about S-1 paperwork. At the end of the conversations, there was a consensus that there was still “work to do.” S-1 forms are registration statements filed with the SEC. They include detailed information about the company and the securities intended for offering. The SEC…

On May 21, Bitcoin hit the mark of $71,000 and slightly moved back to $70,974. After a six-week all-time high, Bitcoin price prediction is seeking attention from all investors. This propel is an outcome of the massive inflow of funds in spot BTC ETFs. Other big industrial investors, like Morgan Stanley and JPMorgan also played a major role in it. The overall crypto market showed bullish sentiment after the approval of Ethereum ETFs by the SEC. As Bitcoin is nearing its previous peak, many analysts and investors are sharing their thoughts about the next step of BTC. Crypto Investments Surge…

Republicans and Democrats have criticized Martin Gruenberg. An impartial inquiry exposed several workplace problems at FDIC. Martin Gruenberg will resign from his position as FDIC chairman. According to a thorough examination, the bank regulator has a toxic workplace. Martin Gruenberg said on May 20 that he was ready to retire. Since August 2005, he has served as the FDIC’s chairman. “In light of recent events, I am prepared to step down from my responsibilities once a successor is confirmed,” he stated in an email to the employees before continuing, “Until that time, I will continue to fulfill my responsibilities as…

Expert on Ethereum Justin Drake claims that the worth of his EigenLayer position is “millions of dollars.” Some think this could alter the incentives that blockchain engineers receive. The foundation behind EigenLayer hired a researcher from the Ethereum Foundation as a paid adviser. Social media users are criticizing this choice. A commenter proposed that this would lead to “conflicted incentives.” Ethereum researcher Justin Drake revealed a new advisor position at EigenFoundation in a lengthy May 19 X post. He said there is an important EIGEN token incentive for the role. This incentive has a three-year vesting period and a million-dollar…

John Louis Anthony Bigatton was claimed by the Australian Security and Exchange Commission for promoting crypto trading platforms through his four seminars and several social media posts. An Australian resident admits to illegally promoting a nonfunction crypto-to-service provider, BitConnect. This exchange has a bad track record and operates on a Ponzi scheme. This platform shut down its operations in mid-2018 and alleged fraud against its traders for $2.4 billion. “Mr. Bigatton provided financial product advice without holding an Australian Financial Services license or authorization to provide financial services about the lending platform,” was declared on May 17 by the Australian…