Willy Woo, an on-chain analyst, took to X on April 29, raising concerns about the fate of retail Bitcoin investors if the world, especially the United States, plunges into a recession. Woo, referencing historical events, argues that while large Bitcoin holders, or “whales,” are likely to weather the storm since they control private keys of their coins,
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SEI price up as Sei v2 upgrade proposal receives overwhelming support
The price of Sei (SEI) has surged by 9.41% in the past 24 hours to trade above $0.57 as the Sei v2 upgrade proposal gains remarkable traction within the crypto community. The upgrade proposal by the Sei Foundation aims at enhancing Sei’s blockchain with improved Ethereum compatibility and performance. With the proposal now live and
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Crypto Whales Amassed Nearly $16.8 Billion Worth of Bitcoin After Spot ETF Launch
Institutional investors have entered the cryptocurrency space with force, with data suggesting that deep-pocketed investors gained interest in the space after the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States, leading to whales accumulating over $16 billion in BTC since. According to data shared by cryptocurrency analytics firm IntoTheBlock, the long-awaited arrival
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Spot Ethereum ETF: SEC Pushes Exchanges for Update on 19b-4 Filings
The U.S. Securities and Exchange Commission (SEC) has requested that exchanges involved in listing and trading shares of spot Ether (ETH) exchange-traded funds (ETFs) accelerate their updates to 19b-4 filings. This move implies a possible change in the regulatory environment for cryptocurrency ETFs, hinting that the SEC may soon start approving these applications. SEC Accelerated The post Spot Ethereum ETF: SEC Pushes Exchanges for Update on 19b-4 Filings appeared first on CoinGape .
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Shibarium BONE Token Set for Potential Binance Listing Price Up by 5%
Binance’s latest call for project applications has sparked speculation about the potential listing of BONE, the gas token for Shiba Inu’s Shibarium. Binance Calls for Project Applications to Diversify Market On Monday, Binance issued a call for project applications to expand its token offerings. This move aims to promote a more diverse market ecosystem. Binance The post Shibarium BONE Token Set for Potential Binance Listing Price Up by 5% appeared first on CoinGape .
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Quantum Computing Poses Critical Threats to Blockchain Security, Warns Expert
Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security. He highlights that quantum computers could solve problems foundational to digital signatures, compromising user assets on blockchain platforms. To mitigate these risks, Sala emphasizes the need to transition to quantum-resistant cryptographic systems. He
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