3.86M ETH and Counting — BitMine’s Progress Toward 5% of Ethereum Supply

Crypto Winter is Near. Is Bitcoin Headed for a Deep Correction?

The cryptocurrency market is experiencing heightened anxiety, with high volatility and talks of a "crypto winter" fueling fears of a deep Bitcoin correction. While some investors are moving to stablecoins, others are looking at infrastructure projects built on Bitcoin. Despite being the foundational asset, Bitcoin's limitations—slow transactions, high fees, and lack of flexible smart contracts—hinder its use in DeFi and mass applications. This has increased interest in Layer 2 solutions. Infrastructure altcoins that aim to transform Bitcoin into a base for financial applications are gaining attention. Projects focusing on modular blockchains, virtual machines, and liquidity bridges are being viewed as potential leaders in the next cycle. Among them is Bitcoin Hyper and its token $HYPER, which positions itself as the first Bitcoin Layer 2 integrating the Solana Virtual Machine (SVM). This project aims to combine Bitcoin's security with Solana's high throughput, offering low latency and minimal fees. Bitcoin Hyper's architecture uses Bitcoin for finality and an SVM layer for real-time transactions and smart contracts. It claims to exceed Solana's performance with sub-cent fees, enabling DeFi, NFT platforms, and gaming applications using wrapped Bitcoin. The project has raised $29 million in its early sale, with on-chain data showing significant "smart money" interest. The $HYPER token features staking with high APY and governance rights. Bitcoin Hyper's goal is to address Bitcoin's core limitations, potentially making it a key infrastructure play that benefits from future Bitcoin growth.

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Will Ripple Dump 25% Of Its 45 Billion XRP Holdings Soon? Here’s The 411

Market experts are questioning if Ripple may be forced to sell 25% of its 45 billion XRP holdings due to regulatory pressure from the proposed CLARITY Act. This legislation aims to prevent any company from controlling more than 20% of a blockchain's native asset supply. Ripple currently holds 45% of XRP's total supply. To comply, the company might need to sell tokens worth roughly $40 billion at current prices. Analysts suggest potential methods include selling future escrow release rights, possibly to major institutions like BlackRock, to avoid market disruption. On-chain data currently does not indicate large-scale sales, pointing instead to a controlled internal process.

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Students form human swastika on high school football field — call for ‘annihilation of Jews’ in Hitler-themed Instagram post

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Leonardo DiCaprio stays under the radar while hitting Miami’s VIP party scene during Art Basel

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Inside the rise of institutional tokenization: key insights from Brickken’s AMA

Sponsored Content: Brickken CEO Edwin Mata discussed the institutional adoption of tokenization, tracing its evolution from theoretical concept to practical deployment. Originating from a legal background, Mata's deep dive into blockchain revealed the potential of open ledgers for instant, global value transfer. This led to Brickken's founding, starting with security token offerings. Regulatory acceptance from Spain's securities regulator was a key turning point, enabling expansion to public chains. Brickken's platform now supports over $300M in tokenized assets across 16 countries and 100+ institutional clients. Demand is driven by market forces, with institutions seeking operational efficiency, faster settlement, and cross-border reach in areas like commodities, credit, and real estate. Tokenization is viewed as a functional upgrade, with adoption dictated by capital allocation and practical use cases.

cointelegraph11 хв тому