JPMorgan’s recent report notes that a potential broader crypto market in August could benefit altcoins too. If Bitcoin’s price rises in August, altcoins could recover as well.
Bitcoin, Crypto Regulation, Ethereum
Bitcoin and Ethereum officially commodities: Key takeaways from CFTC hearing
The development differs from SEC Chairman Gary Gensler’s previous statements, which suggested only Bitcoin was a commodity, and most other tokens should be regulated as securities.
The lawsuit, filed in New York County, alleges that Bitwise misled investors regarding its Bitwise Hold 10 Private Index Fund (BITW).
The newly launched initiative, called the TON Applications Chain (TAC), is a result of a partnership between TAC and Polygon Labs.
Node 9.0.0 is crucial for crossing the 9.0 hard fork (Chang) boundary on the mainnet and long-running testnets like PreProd.
The Chang hard fork marks the final stage of Cardano’s roadmap, transitioning into the Voltaire era, aimed at creating a fully decentralised blockchain ecosystem.
Bitcoin dropped more than 8%, post the news of Mt. Gox’s repayment, hitting $53,350 which is its lowest in five months.
There is growing anticipation that Solana could outperform Bitcoin ($BTC) and Ethereum ($ETH) in the coming months, building on gains from Q1 2024.
EIP-7732 is a response to the growing demand for efficiency on the Ethereum blockchain and aligns with co-founder Vitalik Buterin’s push for faster transaction confirmation times.
Analysts note that while Bitcoin may face selling pressure due to $8.5 billion being returned to creditors of the collapsed exchange Mt. Gox, Ether’s price action is poised for a significant boost from the new ETFs.
