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In brief Ethereum founder Vitalik Buterin has defended the network’s long exit times for unstaking ETH. Exit times for unstaking ETH now exceed 40 days and have drawn criticism from within the crypto industry. Buterin argued that friction in unstaking is necessary to maintain Ethereum’s security. Ethereum co-founder Vitalik Buterin has defended the network’s long...
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Over the years, different trends have emerged for the Bitcoin price depending on how the month ends, either in the green or in the red. September has been historically bearish, but the few times that the month has ended in the green, there have been bullish implications for the cryptocurrency. As this month is already shaping up to end in the green, this report takes a look at what has happened in previous years when the month of September has been green. Expect Bullishness From Bitcoin Price If September Closes Green In an X post, crypto analyst Rekt Fencer highlighted…
Researchers have conducted the first comprehensive sensory-guided study of the odor-active compounds in dried cannabis flowers, uncovering dozens of previously unknown chemicals that shape the the plant’s distinct fragrance. The findings expand scientific knowledge of marijuana beyond the common understanding of terpenes, CBD and THC. To unravel the chemistry of smell, the researchers utilized a...
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In brief U.S. spot Bitcoin ETFs ended a seven-day streak of inflows as Wednesday saw $51.3 million in net outflows. BlackRock’s iShares fund added $150 million while Fidelity and Grayscale posted steep redemptions. Bitcoin ticked up slightly to $117,800 after the Fed cut rates by 0.25 percentage points. Spot Bitcoin ETFs ended a seven-day streak...
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As governors from the nation’s two most populous states recently took executive action on curtailing the market for hemp-derived cannabinoid products, Illinois Gov. JB Pritzker said Sept. 17 that he’s ready to do the same. In Illinois, where licensed dispensaries sold more than $2 billion in regulated cannabis last year, representing the third-largest adult-use market...
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Nvidia has agreed to buy a $5 billion stake in Intel as part of a broader deal to together develop “multiple generations” of data center and PC products. Nvidia will acquire the Intel stock for $23.28 per share, a slight discount on the company’s previous trading price. According to Reuters, the deal would make Nvidia one of Intel’s largest shareholders, owning about 4% of the company. Intel shares were up as much as 30% in early trading on Thursday morning. The companies will integrate their two architectures using Nvidia’s NVLink interface, which enables data and control code transfers between CPUs…
BNB Chain (BNB) has reached a historic milestone after its native token, BNB, broke past the $1,000 mark for the first time. The achievement comes on the heels of the Federal Reserve’s decision to cut interest rates by 25bps, a move widely seen as supportive for risk assets. The broader crypto market quickly responded, entering what many analysts describe as a new, more constructive phase with optimism for the weeks ahead. Related Reading The milestone carries symbolic weight, marking BNB’s transformation from a utility token to one of the most valuable assets in the digital economy. The surge reinforces Binance’s…
PayPal announced on Wednesday a new multi-year partnership with Google that will see the payments giant using Google’s AI technology to create new AI-powered shopping experiences. PayPal’s solutions, meanwhile, will be integrated across Google’s products, and PayPal will work with Google Cloud on hosting and improving its technology infrastructure. The companies did not detail what specific types of agentic shopping experiences they would work together to create, but said Google would contribute its AI technology and expertise, and PayPal would leverage its global payment infrastructure, personalization, and identity solutions. In addition, both companies will join others to advocate for the…
In brief Bitcoin dominance dropped to 57.79% as traders rotate into altcoins like XRP, BNB, and Solana ahead of expected SEC ETF approvals. Despite the decline, analysts forecast Bitcoin could reach $140K-$145K by year-end, with institutions continuing to pour over $2 billion into ETFs this week. Major altcoins are outperforming Bitcoin short-term, with Solana up...
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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum is approaching a decisive phase that could carry it into five-figure territory, according to a multi-timeframe analysis from trader Cantonese Cat (@Cantonmeow). Ethereum Ready To Smash All-Time Highs In a video published today, the analyst argues that ETH has cleared a cluster of late-cycle resistances…