Crypto News Today - Blockchain and Cryptocurrencies

A little under a year ago, I announced on Twitter the idea of the Bitcoin Script Project. To say it was well received would be an understatement. Bitcoiners were craving something they could hang onto in the middle of the bear. Glimmers of hope were on the horizon and I intended to magnify those and hopefully rally the industry around a new technological narrative. Unfortunately, life had other plans and, to make a long story short, I quickly realized I bit off more than I could chew at the time. The Bitcoin Script Project never saw the light of the day. At best, it was a short-lived social awareness campaign. It seeded some ideas and moved the conversation forward. At the very least, it’s probably why I have the privilege of working on this column today. I bring this up because my experience is no different than the one of hundreds of individual who have tried to leave their mark on Bitcoin. It’s a humbling and thankless affair. Bruised egos are commonplace. Many h

The Bitcoin network has reached a major milestone, processing its one billionth transaction yesterday, an achievement comes 15 years and 4 months after Bitcoin's genesis block was mined on January 3, 2009. JUST IN: #Bitcoin has officially processed over 1 billion transactions. pic.twitter.com/bFbSW5NEAW — Bitcoin Magazine (@BitcoinMagazine) May 5, 2024 At an average rate of 178,475 transactions per day over its 5,603-day lifespan so far, Bitcoin has demonstrated the ability to handle significant volume securely without centralized intermediaries. Many early critics argued nobody would use Bitcoin, but today, the network handles daily transaction volumes on par with major payments giants.  This milestone also comes on the heels of Bitcoin's recent all-time high above $73,000 in March 2024. The excitement around the latest halving event and new protocols like Ordinals and Runes have driven surges in network activity. All told, April 23 saw a sing

Cardano (ADA) and Ethereum token, ETFSwap (ETFS), have recently seen a surge in whale activity, catching the attention of prominent crypto investors in the market. Recent data from Santiment, a market intelligence platform, unveiled a spike in Cardano (ADA) whale transactions, similar to the levels seen on November 8, 2023. This influx of whales is especially significant, as it may potentially push the present stagnant price of Cardano (ADA) to new all-time highs of around $5. While investors are watching closely as Cardano (ADA) makes its way toward the $5 price mark, ETFSwap (ETFS), a new ERC20 token based on the Ethereum (ETH) blockchain, is making waves in the market, rapidly expanding its ecosystem and attracting the attention of crypto whales to potentially fuel a price increase to new levels. Cardano Witnesses Spike In Whale Transactions In a recent X (formerly Twitter) post, Santiment disclosed a large-scale Cardano (ADA) whale transaction worth more than $100,000.

While Ethereum has been the main battleground for rollup innovation, other blockchains are recognizing the potential of this technology to address their own scalability limitations. In 2024, we’re witnessing a rise in rollup solutions tailored to specific blockchains, fostering a more diverse and competitive landscape. Rollup Solutions for Leading Blockchains: Rollups have emerged as a frontrunner in the race to address blockchain scalability. However, different blockchains have unique needs and considerations when it comes to rollup implementation. Here’s a glimpse into how rollups are being tailored for some leading blockchains: 1. Ethereum (ETH): Dominant Ecosystem: Ethereum boasts the most extensive developer base and mature DeFi ecosystem. Rollup solutions for Ethereum need to be EVM-compatible to leverage existing tools and infrastructure. Popular Rollup Designs: Optimistic Rollups like Optimism and Arbitrum

Nobody wants to invest in a project where they know that they’ll surely lose most of their funds if not all. And that’s why you see investors taking a lot of time to study the performance of altcoins in the market before thinking of taking any action. Most altcoins are known to depend on hype and that’s why some experience an increase in value while others decline so badly. This is why the Bitgert coin is keenly observed by the crypto community because of its consistent increase in value each day.   Bitgert coin is currently causing ripple effects in the crypto market and this is all thanks to its impressive innovative strategies that make the coin much more unique than other projects. Speculations are anticipating the Bitgert coin to surge further in value in the coming weeks. Investors are holding their cards tight to their chest just to jump on the Bitgert coin as its capacity to withstand the volatility of the market is making the token a distinct