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1Bitget Daily Digest (4.25) | Trump Considers Tiered Tariff Plan for China, Federal Reserve Eases Crypto Regulation2TRUMP Coin Experiences 18% Drop After Previous Surge Linked to Exclusive Dinner with Donald Trump3Sui Flips Chainlink’s Market Cap As Its Price Pumps 44% in 7 Days
Klaytn Price Prediction: KLAY Drops 3% As Investors Pivot To This Layer-2 Meme Coin With 100X Potential
Insidebitcoin·2024/08/26 16:09
BlackRock And Fidelity Lead Bitcoin ETFs To 5-Week High Inflows Of $250 Million
Insidebitcoin·2024/08/26 16:09
Top Crypto Gainers Today Aug 26 – Echelon Prime, Flux, Centrifuge, Aptos
Insidebitcoin·2024/08/26 16:08
New Cryptocurrency Releases, Listings, & Presales Today – Orderly Network, Fuel, Ref Finance
Insidebitcoin·2024/08/26 16:08
Dogs (DOGS) Price Prediction 2024-2030: Will DOGS Price Hit $0.1 Soon?
Coinedition·2024/08/26 16:00
Theta Network Price Prediction 2024-2030: Will THETA Price Hit $5 Soon?
Coinedition·2024/08/26 16:00
Ethereum layer 2 networks likened to parasite by analyst
Share link:In this post: Crypto analyst calls L2s parasites living off and weakening the Ethereum network. Analyst claims L2 networks are taking fees from Ethereum’s base layer and fragmenting the network. Coinbase analysts disagree about the impact of L2s, as Vitalik says the network is stronger than before.
Cryptopolitan·2024/08/26 16:00
SHIB Price Analysis: Key Support & Resistance Levels to Watch
Coinedition·2024/08/26 16:00
Ethereum whales accumulate over 200,000 ETH. Is this the bottom?
Share link:In this post: Over the past 4 days, Ethereum whales have accumulated more than 200,000 ETH. The accumulation continues despite Ether ETFs net outflows approaching $500 million. Analyst CryptoBullet says that the bottom might be in if ETH remains above $2500.
Cryptopolitan·2024/08/26 16:00
Glassnode Insights: A Return to EquilibriumVolatility
Market speculation remains relatively subdued for Bitcoin, with investors locking in only marginal profit and losses, and a reset across perpetual swap markets. Historically, periods of quiet and calm market structure are short-lived, and often precede an expectation for heightened volatility.
Glassnode·2024/08/26 16:00
Flash
- 09:28Proposal to Establish Cryptocurrency Mining Facility Rejected in Vilonia, ArkansasAccording to Cointelegraph, the city planning commission of Vilonia, Arkansas, unanimously rejected the proposal to establish a cryptocurrency mining facility. Local residents opposed the project due to concerns over noise pollution, energy consumption, and environmental impact. This is not the first time the city has rejected a cryptocurrency mining project. In 2023, Vilonia rejected the mining facility application of Vilo AR Company and permanently revoked its permit. In the same year, residents also opposed Green Digital's proposal to build a mining facility near a residential area. In 2024, the Arkansas House of Representatives passed two bills restricting cryptocurrency mining.
- 09:01Nvidia Halts Arbitrum Collaboration Announcement, Still Rejects Crypto Elements in AI ProjectsAccording to CoinDesk, Arbitrum initially planned to announce its status as the sole Ethereum partner in the Nvidia Ignition AI Accelerator program. However, Nvidia halted the announcement at the last minute without providing a reason. Despite ongoing attempts by crypto projects to integrate into the AI ecosystem, Nvidia's Inception program continues to explicitly exclude projects related to cryptocurrency. Industry experts believe that this stance is based on the negative impact and historical experience following the ICO bubble of 2018. Nvidia has yet to signal support for the crypto industry.
- 09:00Jupiter DAO Releases "Next Two Years: DAO Resolution" ProposalOn April 25th, Jupiter DAO released the "Next Two Years: DAO Resolution" proposal. This proposal details how the Jupiter team will support the DAO in becoming more independent over the next two years. Key points include clarifying the proposal generation process, shifting treasury operation control from a 3/5 team signature to a 3/5 DAO member control, legal registration, establishing independent funding mechanisms, and ensuring transparent reporting. The DAO will focus on accelerating the growth of the Jupiter community, products, and vision through proposals and treasury management, while the team will handle product development and business operations. Regarding funding, the Jupiter team will infuse an additional 10 million USDC into the DAO treasury and will explore sustainable funding mechanisms over the next two years. After two years, the DAO will be supported by the Litterbox Trust, which holds 50% of the protocol fees, approximately 32 million JUP. Moreover, Jupiter DAO will activate talent through grants and working groups, with a strong emphasis on transparency and outcome orientation.