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Why has the world's largest cryptocurrency, Bitcoin, experienced a decline recently? The analyst evaluated the current situation.
Bitcoin hashrate is rising, reflecting increased confidence in BTC's value amid advancements in mining technology.
Kenya's Treasury Secretary unveils plans to legalize cryptocurrencies, introducing regulations to harness blockchain potential while tackling money laundering and fraud risks.
With one year in the books, spot bitcoin ETFs have generated over $660 billion in trading volume.After amassing over $50 billion in assets under management (AUM) in the past year, BlackRock’s IBIT fund emerged as the clear leader among spot bitcoin ETFs.Bitcoin’s standing as an accepted asset class took on new shape thanks to the new financial instruments.
- 05:18Berachain Announces "PoL v2" Upgrade Proposal, Plans to Launch BERA Positive Yield Cycle ChannelAccording to ChainCatcher, Berachain has released the "PoL v2" proposal, planning to redirect 33% of PoL incentives to the native BERA yield module. BERA holders will be able to directly receive protocol revenue, unlocking the token's utility and earning potential. This module supports a 7-day unbonding period to curb arbitrage and encourage long-term holding. The proposal will be open for community feedback from July 14 to 20, with governance voting scheduled for the 21st. If approved, mainnet launch is expected on July 21. The team stated that PoL v2 will enable BERA to achieve the "highest yield" among L1s, ushering in a new era of blockchain 3.0 incentive mechanisms.
- 05:18Arcadia Finance: An attacker has conducted unauthorized transactions via the Rebalancer, please revoke Rebalancer permissions immediatelyAccording to ChainCatcher, Arcadia Finance announced on X that the team has detected unauthorized transactions conducted by attackers through the Rebalancer. The official team urgently reminds users to immediately revoke all Asset Manager permissions and remove all active Rebalancers. Previously, CertiK Alert monitoring reported that multiple suspicious transactions occurred on Arcadia Finance’s Base chain, with attackers obtaining approximately $1.6 million in funds.
- 04:52CryptoQuant: BTC Hits New Highs, but Data Suggests CautionAccording to ChainCatcher, CryptoQuant analyst Crazzyblock stated that as retail investors chase new highs, whales are preparing to sell on a certain exchange. "Although Bitcoin hitting an all-time high is exciting, the data suggests caution is warranted. Smart money is on the move, and their actions often precede major market shifts."