99% ETH OFAC compliance to slow block time to 3hrs but not censor

As the Office of Foreign Assets (OFAC) compliance levels continue to increase on the Ethereum blockchain, a researcher for Scroll ZKp attested to the fact that a censored transaction will still confirm faster on the ETH chain as opposed to a Bitcoin (BTC) blockchain transaction. If 99% of Ethereum validators were OFAC compliant, a censored…

Hoskinson’s Twitter proposal for Cardano-Dogecoin tie-in snubbed by Reddit mods

Moderators of the Dogecoin subreddit removed a post by Cardano founder Charles Hoskinson on a proposal to utilize both cryptocurrencies in a decentralized Twitter. Hoskinson said he remains “optimistic about a solid dialogue,” despite the snub. He also intends to “reach out to a few people” to advance discussions of the proposal. Dogecoin and Cardano…

Could Bitcoin miner sell pressure indicate further upside potential?

Bitcoin miners have been selling BTC holdings at a rate not seen since early 2021. Further, the persistence of the negative net position change has not occurred since 2017. Miners consistently sold Bitcoin for the past three months at an aggressive rate likely to cover liabilities such as energy bills and loans. Source: Glassnode Since…

A look at similarities between the 2000 dot-com bubble & post-COVID-19 bubble

Despite the prevailing differences between the 2000 dot-com bubble and the post-COVID-19 bubble, they still share numerous similarities. The 2000 tech bubble began in the late 1990s and continued until 2002, while the post-COVID-19 bubble started in 2019 and lasted until 2022. Let’s have a look at both eras: Dot-com Bubble:  The dot-com bubble, also…

MSCI introduces digital assets classification system in partnership with Goldman Sachs, CoinMetrics

Critical decision investment support tools provider MSCI, crypto intelligence firm, CoinMetrics, and Goldman Sachs have jointly introduced a digital assets data system that tracks token use cases, performance, and risk management, according to a Nov. 3 announcement. The new data system, “Datonomy,” organizes tokens into classes, sectors, and subsectors based on the tokens’ use cases…

New Messari Q3 report on Polygon – bullish on growth of ecosystem

A new report by Messari on the state of the Polygon network revealed an increase of new addresses QoQ of 180%. Active addresses also hit an all-time high of 6 million, while total transactions surpassed 2 billion during Q3. Other critical metrics for Polygon are shown in the table below. Messari’s data shows that the…

Dogecoin x Twitter: The worst kept secret in cryptocurrency?

The “Elon Musk Effect” is back in full swing, as a Shiba Inu picture posted by Musk sparked an immediate 12% jump in the price of Dogecoin. 😉 pic.twitter.com/eaIYaDRBnu — Elon Musk (@elonmusk) November 1, 2022 The previous week saw bullish price action for Dogecoin as news of completing the Twitter deal began filtering through….

Jack Dorsey retains voting power at Twitter fuelling rumors of crypto integration

An SEC filing has revealed that Jack Dorsey still owns 2.4% of Twitter following Elon Musk’s acquisition. Dorsey, the former CEO of Twitter, left the company in November 2021, just 19 days after Bitcoin hit its all-time high of $69,061. Dorsey is the current CEO of Block, the parent company of Square, CashApp, Spiral, Tidal,…