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  • The dilemma of global web3 integration: Will the complexity of web3 win over web2?
    by Bakhrom Saydulloev on May 19, 2024 at 17:00

    The following is a guest post from Bakhrom Saydulloev, Product Lead at Mercuryo. Statistics works in a funny way. When experts feel the need to prove the growing acceptance and awareness of Web3, they over-simplify the concept to say, for instance: “more than 90% of people have heard of crypto, hooray!” And yes, that is, The post The dilemma of global web3 integration: Will the complexity of web3 win over web2? appeared first on CryptoSlate.

  • IBC to Ethereum: Building the interconnected Internet of Blockchains
    by Christina Comben on May 19, 2024 at 14:30

    Since the advent of Bitcoin in 2009 and the explosion of innovation that followed, the web3 industry has faced many challenges. Beyond dealing with regulators, improving UX, and weeding out bad actors, blockchain engineers continue to tackle two major hurdles: scalability and interoperability.  While many Layer 2s are working to scale Layer 1s like Bitcoin The post IBC to Ethereum: Building the interconnected Internet of Blockchains appeared first on CryptoSlate.

  • Using Power Laws to predict when the Bitcoin price will hit $1 million
    by Rajagopal Menon on May 18, 2024 at 17:00

    The following is a guest post by Rajagopal Menon, the Vice President of WazirX. Come the bull market, cometh the models to predict the price of Bitcoin. In the last bull market in 2021, the Stock-to-Flow (S2F) model was the flavour of the season. This model, created by Plan B, assessed asset scarcity by comparing The post Using Power Laws to predict when the Bitcoin price will hit $1 million appeared first on CryptoSlate.

  • Analyzing the US Government’s Bitcoin holdings: What you need to know
    by Vincent Maliepaard on May 18, 2024 at 11:42

    The following is a guest post from Vincent Maliepaard, Marketing Director at IntoTheBlock. According to the latest data from IntoTheBlock, the U.S. government holds over 1% of the Bitcoin supply, valued at an impressive $13.16 billion. These holdings have tripled since 2021, demonstrating a consistent increase over the years. Why the US government holds Bitcoin The post Analyzing the US Government’s Bitcoin holdings: What you need to know appeared first on CryptoSlate.

  • Coinbase expects 30% to 40% chance of spot ETH ETF approval by month-end
    by Mike Dalton on May 18, 2024 at 00:48

    Crypto exchange Coinbase believes the odds of the SEC approving spot Ethereum ETFs by the end of the month stand between 30% to 40%. In a May 15 report, Coinbase Institutional Research Analyst David Han asserted that the main factor that led the SEC to approve spot Bitcoin ETFs — the correlation between CME futures The post Coinbase expects 30% to 40% chance of spot ETH ETF approval by month-end appeared first on CryptoSlate.