Crypto Analyst Predicts Litecoin Pre-Halving Rally to Continue, Sets Target for Altcoin's Price Surge
July 3 (Cointime) - According to a well-known crypto strategist, Litecoin's recent strong performance may not be the end of its rally. The analyst, known as Rekt Capital, believes that LTC could reach levels last seen in January 2022, with a potential surge to $140 before its next halving event.
Ethereum co-founder Joe Lubin sees bright future for crypto beyond centralized services
July 2 (Cointime) - Joe Lubin, co-founder of Ethereum and overseer of ConsenSys, remains optimistic about the future of decentralized software projects and blockchains as a vehicle for a new political and social order. He believes that the demise of centralized crypto services has helped true crypto companies focus and rebuild, paving the way for a new breakthrough in the industry. Lubin also highlights the importance of wallets, especially as companies like Coinbase start building "wallet as a service" tools to integrate crypto into their operations. While Lubin's vision may seem far-fetched, the crypto industry is indeed poised for another big leap forward.
Solana's NFT Trading Volume Surpasses Ethereum's for the First Time in History
July 1 (Cointime) - Solana's non-fungible token (NFT) trading volume surpassed that of Ethereum, reaching $25.5 million in 24 hours compared to Ethereum's $24.5 million.
Crypto and Stocks Continue To Gain As US Treasury Adds $465B
July 1 (Cointime) - The US Treasury Department has quietly replenished its cash balance to $500 billion within a month of the Biden-McCarthy debt ceiling agreement, but this has not yet affected the net liquidity of the US dollar.
Ethereum Witnesses 82% Surge in Quarterly Fees Amidst Bullish Relief
July 1 (Cointime) - Ethereum experienced a significant increase in its quarterly fees, with a growth of 83% over Q2 of 2023. The altcoin market started Q3 with strong bullish strides, and Ethereum was exchanging hands 3.93% higher in the last 24 hours.
Ethereum Co-Founder Vitalik Buterin Expresses Concern Over Regulatory Pressures on Rival Crypto Projects
June 30 (Cointime) - Vitalik Buterin, co-founder of Ethereum, expressed concern over the recent regulatory pressures faced by other crypto projects, including Solana, stating that they do not deserve such treatment. He believes that it would not be honorable for Ethereum to "win" if other blockchain networks get kicked off exchanges. Buterin also noted that the real competition is not other chains, but the rapidly expanding centralized world that is imposing itself on the crypto industry.
1,000x Pepe (PEPE) Investor Earns 375x Returns from PEPE 2.0
June 30 (Cointime) - An Ethereum wallet user who previously earned a 1,000x return on Pepe (PEPE) has now recorded 375x gains from PEPE 2.0. It is unclear how the investor is making these returns as there has been no recent hype around PEPE-related tokens on social media.
SafePal Wallet Integrates Polygon zkEVM, Enabling Seamless Management of Native Tokens Across 100+ Blockchains
June 30 (Cointime) - SafePal Wallet, a well-known cryptocurrency wallet solution, has announced its integration with Polygon zkEVM, a decentralized Ethereum Layer 2 scalability solution that uses cryptographic zero-knowledge proofs. This integration will allow SafePal Wallet users to easily manage native tokens on the polygon zkEVM network using their software, hardware, and browser extension wallets. With this new functionality, users can now move their assets among more than 100 blockchains effortlessly. SafePal's inclusion of Polygon zkEVM marks an important development in the company's efforts to give its customers more control over the cryptocurrency market. Additionally, developers plan to deploy current contracts to zkEVM, unlocking new possibilities for Ethereum users.
Vitalik ：Wish all Honorable Projects a Fair Outcome in this Whole Situation
June 30 (Cointime) - Vitalik comment on Twitter, The one comment I'll make is that I feel bad that Solana and other projects are getting hit in this way. They don't deserve it, and if ethereum ends up "winning" through all other blockchains getting kicked off exchanges, that's not an honorable way to win, and in the long term probably isn't even a victory.This is especially true since the real competition is not other chains, it's the rapidly expanding centralized world that is imposing itself on us as we speak.I wish all honorable projects a fair outcome in this whole situation.
Coinbase's Ethereum Layer-2 Network Base Passes Extensive Security Audit Ahead of Mainnet Launch
June 29 (Cointime) - Coinbase has announced that its Ethereum layer-2 network, Base, has undergone extensive security testing ahead of its mainnet launch. Over 100 security researchers participated in an audit contest, examining various parts of the network's architecture for vulnerabilities.
