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Showing posts with the label potential

EOS Network approves new tokenomics model to enhance its economic potential 

The EOS Network Foundation (ENF), an open-source blockchain platform, has unveiled a new tokenomics model for the EOS ecosystem, signifying an important shift towards greater economic potential and stability for the network.  The new model, backed by the majority of EOS Network block producers, will be implemented on June 1, according to the information shared with Finbold. The #EOS Network Block Producers have reached a super majority consensus to approve the new tokenomics model proposal! Upon time delayed execution of the MSIG on June 1, network inflation will be permanently halted and $EOS FDV will be reduced by 80%!https://t.co/By9UPRL3Tx pic.twitter.com/2yjVqo2M7m — EOS Network Foundation (@EOSNetworkFDN) May 31, 2024 A ‘New Era’ for EOS The new tokenomics model introduces several features designed to foster long-term growth on the platform. Picks for you ...

Bitget’s 2024 Bitcoin report: ORDI’s high potential and Lightning Network’s crucial role

Victoria, Seychelles, December 15th, 2023, Chainwire Bitget Research, the research arm of Bitget, the world’s leading cryptocurrency exchange and Web3 company, has released a research Analysis delving into macro and micro trends within the Bitcoin ecosystem. This report offers insights for investors and outlines potential future technological and financial trends for Bitcoin and its assets within the network for 2024. Given the future macroeconomic environment and market conditions, the Bitcoin ecosystem presents a promising outlook. Not only do popular cryptocurrencies like BTC and ORDI have significant potential for appreciation, but there will also be new exciting opportunities for coins within the Bitcoin ecosystem. While the trading volume in the Bitcoin NFT market has surged, its current scale remains relatively small, indicating the anticipated potential for growth in the future. Simultaneously, the Lightning Network is expected to serve as the ...

Grayscale poaches Invesco exec ahead of potential Bitcoin ETF

GBTC’s issuer added an ETF veteran to its ranks following constructive talks with the Securities and Exchange Commission over approval for spot Bitcoin funds. Digital asset giant Grayscale Investments has hired John Hoffman, a former high-ranking executive at Invesco, to aid its efforts toward bringing America’s first spot Bitcoin (BTC) ETF to market amid growing interest in the world’s top cryptocurrency.  Hoffman was onboarded as Grayscale’s managing director, head of distribution and partnerships, a strategic role pivotal to growing financial products.  He arrived at the firm with nearly two decades’ worth of experience including leading ETFs and Indexed Strategies decisions at Invesco Ltd from 2020 to 2023. JUST IN: 🟠 Grayscale is preparing for its #Bitcoin ETF launch with the hiring of Invesco ETF executive as the managing director to head distribution and strategic partnerships. It's all set for pic.twitter.com/9lIN5bfvB8 — Bitcoin Archive (@BTC_Archive...