Ethereum Optimism Unveils Token With Entire Airdrop Season

Ethereum scalability solution Optimism revealed their governance token, called OP. This will mark the beginning of a transformation process for the Optimism ecosystem. It aims and providing users with more power with a unique governance system. Related Reading | Bitcoin Beneath Key Support Level; What’s Next? Control via two entities, the Citizens’ House and the Token […]

Ethereum scaling solution Optimism upgrades governance structure

The Optimism Foundation has unveiled a new governance structure and token as part of its ongoing efforts to bring scalability and cost efficiency to Ethereum (ETH), the world’s largest smart contract platform.  The “Optimism Collective” was introduced Tuesday afternoon in a lengthy post that outlined its mission and governance mandate. Described as a “large-scale experiment […]

Optimism for US Spot Bitcoin ETF Grows With Approval of Teucrium Futures Fund

“The SEC is now not only comfortable with futures-based ETFs regulated under the 40 Act and all the investment protections there, but also futures-based ETFs regulated under the 34 and the 33 Act, the same act that these spot-based ETFs will be regulated under,” said Craig Salm, chief legal officer for Grayscale Investments, which is […]

Amazon CEO expresses optimism about the future of cryptocurrencies and NFTs

Speaking during an interview with CNBC after releasing his first shareholder letter as the new CEO of Amazon, Andy Jassy said that while he does not own any cryptocurrencies or nonfungible tokens, or NFTs, he is optimistic about the outlook of the industry. Jassy stated:  “We’re not probably close to adding crypto as a payment […]

Market Wrap: A Bitcoin Lull as Stocks Signal Economic Optimism

Bitcoin (BTC) was trading around $9,575 as of 20:00 UTC (4 p.m. ET), gaining less than a percent over the previous 24 hours.  After Tuesday’s rapid 8% drop in less than five minutes on high sell volume, bitcoin’s prices have steadied. At 00:00 UTC on Wednesday, the world’s largest cryptocurrency by market capitalization was  changing […]

Wall Street Shows Optimism on Reopening of Economy, Stocks in Green

With major states in the U.S. lifting the lockdown, traders showed optimism over kickstarting the economy. So far, the market has ignored the civil unrest after riots broke out following George Floyd’s death. Analysts think that if this continues further, it can deter consumer confidence. Although the coronavirus pandemic continues to create havoc with daily […]