Ethereum Eyes $10K Amid Market Challenges

Ethereum Eyes $10K Amid Market Challenges

In A Nutshell The speculative journey of Ethereum (ETH) reaching a monumental price of $10,000 is generating considerable buzz within the cryptocurrency ecosystem. Highlighted as an ‘asymmetric bet’ by analysts, this potential price surge would represent a dramatic 194% increase from current trading levels. Despite this optimistic forecast, Ethereum faces challenges in surpassing the crucial…

zkSync Token Launch: Excitement, Challenges, and Scams

zkSync Token Launch: Excitement, Challenges, and Scams

In A Nutshell The launch of the zkSync token (ZK) has stirred the cryptocurrency market, debuting on platforms such as Binance, Bybit, Gate.io, and KuCoin on June 17. Amidst a remarkable opening, the token faced challenges including network congestion and remote procedure call (RPC) service issues, which the zkSync team is actively addressing. In parallel,…

DADDY Token Soars 218%, Outshines MOTHER Amid Scandal

DADDY Token Soars 218%, Outshines MOTHER Amid Scandal

In A Nutshell A notable surge in market activity has brought the spotlight onto the crypto token associated with Andrew Tate, known as Daddy Tate (DADDY), which has recently outperformed the token of rapper Iggy Azalea, Mother Iggy (MOTHER). This comes amidst allegations of significant insider trading activities, with analytical firm Bubblemaps highlighting suspicious purchase…

Ethereum’s Pectra Upgrade: Boosting Security, Scalability in 2025

Ethereum’s Pectra Upgrade: Boosting Security, Scalability in 2025

In A Nutshell The Ethereum network is gearing up for its next significant upgrade, known as Pectra, a fusion of the Prague and Electra upgrades. Slated for the first quarter of 2025, Pectra aims to enhance Ethereum’s user experience by introducing improvements across both the execution and consensus layers. Key proposals include enhancing Ethereum wallets,…

zkSync Airdrops 3.68B Tokens to Community for Engagement

zkSync Airdrops 3.68B Tokens to Community for Engagement

In A Nutshell The layer-2 Ethereum scaling solution, zkSync, has announced an ambitious plan to airdrop its newly minted zkSync (ZK) tokens to the community. With a staggering 17.5% of its 21 billion total supply, amounting to nearly 3.68 billion ZK tokens, earmarked for distribution next week. This initiative targets 695,232 wallets that have engaged…

Blockchain Australia Rebrands to DECA, Expands Focus

Blockchain Australia Rebrands to DECA, Expands Focus

In A Nutshell Australia’s leading crypto advocacy group, Blockchain Australia, has undergone a transformation, adopting a new nameā€”the Digital Economic Council of Australia (DECA). This move reflects a broader ambition to encompass a wider area of the digital economy beyond blockchain, reaching out to fintech companies and banking institutions. This rebranding coincides with a change…

Bitcoin Hits $70K, Bullish Trend as ETF Boosts Optimism

Bitcoin Hits $70K, Bullish Trend as ETF Boosts Optimism

In A Nutshell The realized price of Bitcoin (BTC) for short-term holders has reached a new peak at $64,000, signaling a bullish trend as BTC’s overall price soared past $70,000 on June 10. This uptrend is supported by several key metrics, including trading activities and the average acquisition price for coins moved within the last…

Normie Fires Intern Over Video, Recovers from Hack

Normie Fires Intern Over Video, Recovers from Hack

In A Nutshell The memecoin project Normie, leveraging Coinbase’s native blockchain Base, recently announced the termination of an intern responsible for posting an offensive promotional video on its official X account. This video, criticized for its distasteful content, showcased a cartoon chef in a manner that was deemed offensive by the crypto community. In light…