Ethereum's scalability is set to increase tenfold, as announced by Vitalik Buterin. The roadmap includes maintaining decentralization with enhanced transaction capacity. Continue Reading: Vitalik Buterin Announces Drastic Upgrade to Ethereum’s Scalability The post Vitalik Buterin Announces Drastic Upgrade to Ethereum’s Scalability appeared first on COINTURK NEWS .
The recent statements made by former President Trump regarding tariffs highlight ongoing concerns in the financial sector. He warned that any unfavorable court ruling could provoke retaliatory measures from other
In a recent interview with CBS on June 2nd, Elon Musk addressed the intricate relationship between private enterprises and government policies. He refrained from overtly criticizing the U.S. government while
The market's response to surge of bearish pressure raises serious questions
Insurance companies are reportedly looking to capitalize on the rising incidents of kidnapping and physical violence targeting crypto millionaires. NBC News reports that at least three companies that provide insurance and security services for cryptocurrency investors and firms are preparing to offer kidnap and ransom (K&R) insurance policies for those with security concerns stemming from their crypto holdings. According to Rebecca Rubenfeld, chief operating officer at the crypto insurance firm AnchorWatch, the fear of violence was a big topic at the annual Bitcoin Conference that was held in Las Vegas last week. “They’re tense. I’m not saying that because I’m trying to sell insurance, but overall, the mood is a very good environment for me.” AnchorWatch is considering offering kidnapping and ransom protection in the coming months. The news comes after a string of reports emerged about the kidnapping of crypto investors. Last month, armed assailants reportedly tried to abduct the daughter and grandson of Pierre Noiza, the CEO of the French crypto exchange platform Paymium, in Paris. In another incident, three teenagers allegedly stole $4 million worth of cryptocurrency and non-fungible tokens (NFTs) from a man who hosted a crypto-related event in Las Vegas and left him stranded at White Hills, Arizona. And last week in New York City, a kidnapper allegedly tortured and threatened a crypto investor for three weeks to gain access to his Bitcoin ( BTC ) wallet. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Insurance Companies Attempting To Take Advantage of Crypto Investors Who Fear Kidnapping: Report appeared first on The Daily Hodl .
Elon Musk integrates Bitcoin-based encryption into XChat for enhanced security. XChat features disappearing messages, file sharing, and video calls. Continue Reading: Elon Musk Enhances XChat with Bitcoin-Based Encryption for Robust Security The post Elon Musk Enhances XChat with Bitcoin-Based Encryption for Robust Security appeared first on COINTURK NEWS .
The Open Network (TON), a layer-1 blockchain closely integrated with Telegram and serving as the foundation for its mini-app ecosystem, has restored full functionality after a brief outage on June 1 that temporarily halted block production. The TON developers team has guaranteed users that the outage did not impact any funds and that transactions made while the system was down were safe from loss. TON recovers its functionality after suffering a brief outage Blockchain network outages are usually common in high-throughput, high-speed blockchains because of the chains’ high technical complexity. As blockchain networks grow more complex, brief outages may become increasingly common, potentially hindering broader consumer adoption of cryptocurrencies and undermining public trust in the technology. Following the recent brief outage, the developers’ team reported the problem at 12:51:00 UTC and managed to restore network functionality about 40 minutes after they discovered the outage. In an update, the TON developers said they released a quick fix and updated just a few master chain validators, allowing the blockchain to start block production again. According to the team, the issue was caused by a mistake in handling the masterchain dispatch queue. The team also revealed that a full technical report will be published soon to address exactly what caused the issue. Blockchain users have revealed their growing worries as quick-growing blockchain networks processing significant amounts of data experience brief outages frequently. In this instance, TON’s flash reaction helped minimize the damage. As Telegram depends more on TON for its cryptocurrency plans, the network will face greater pressure to remain stable. Everything is back to normal, but concerns about its long-term reliability are expected to arise. TON gains increased institutional investments despite suffering several brief outages Notably, this is not the first brief outage incident. In August 2024, TON suffered several brief outages due to high demand for the DOGS meme coin , which congested the network and caused a chain to stop. The initial outage occurred on August 27 when block production was suspended at workchain block 45,341,899. Network downtime lasted several hours until validators reset their nodes at 4:00 UTC to re-establish network-wide consensus. At 5:30 am UTC, the functionality was briefly restored, and users were allowed to access the network again before the network crashed again hours later. The reason behind the sudden crash was due to excessive users transferring DOGS memecoins on the TON blockchain. The next outage incident occurred on August 28. On that day, TON faced a brief outage, which caused block production to stop at workchain block 45,350,522. This second outage lasted about six hours until it was resolved, with block production resuming on the same day. Even after the brief network outages, TON is gaining retail attention and institutional investment from big digital asset names in the crypto space. Telegram Open Network received $400 million from venture capital firms like Sequoia Capital, Draper Associates, CoinFund, and SkyBridge in March 2025. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
Big tech stocks pushed the S&P 500 near a bear market in early April, but now they are pulling it back up. Last week, Nvidia gave a strong sales outlook for large technology firms, even though Washington still blocks the sale of its most advanced chips to China. Bloomberg reported that shares in Nvidia and Microsoft Corp. are close to their record highs, helping many traders expect that the group will continue to lift the whole market upward. “I feel really good about tech coming out of this earnings season,” said Brett Ewing, chief market strategist at First Franklin Financial Services. “There’s still more gas in this tank.” The S&P 500 now stands roughly 4% below its February peak. Much of the recovery reflects eased trade talks between the United States and its partners as well as quarterly results that showed steady demand for cloud services, software, devices, and digital ads despite the threat of fresh tariffs. Since the index low on 8th April, Tesla Inc. has surged 56%. Nvidia has increased by 40%, and Microsoft is up by 30%. Big Tech Stocks that played a role in S&P 500’s gain. Source: Bloomberg Moreover, Bloomberg’s “Magnificent Seven” index shows Nvidia, Microsoft, Tesla, Apple Inc., Alphabet Inc., Amazon.com Inc., and Meta Platforms Inc. outperformed the broader S&P 500 during the last eight weeks. The shift matters because the seven companies together make up about one-third of the benchmark. Bloomberg data show they have added nearly half of the S&P 500’s 19% climb from its April low. Risks that could stall the rally have not disappeared Even though those seven big tech stocks did well over the past couple of months, they’ve still earned less than the S&P 500 since the start of the year. That’s rare because the “Magnificent Seven” usually outperform the broader market over a full year. Apple and Amazon are the main reasons as both import many finished products and have been hurt by higher tariffs, which has held the group back. “Buying the tech dip will be a theme throughout the year,” Ewing added. “There’s still a lot of money on the sidelines, and it has to be put to work.” Tariffs and other trade measures advanced during Donald Trump’s presidency still cloud the outlook. On Friday, the S&P 500 dropped more than 1% after the president accused China of violating an agreement to ease duties. In a separate report, the United States was said to be preparing tougher limits on China’s technology sector. By the end of trading, the index had recovered most of its losses, but the drop showed how quickly investor sentiment can shift. Another challenge is the high price of Big Tech shares. Bloomberg’s Magnificent Seven index trades at about 30 times expected profits for the next year, while the S&P 500 as a whole trades at roughly 21 times. In April, the overall market’s price-to-earnings ratio was near 18, and it has since climbed above its ten-year average of 18.6. Big tech stocks are trading at high prices. Source: Bloomberg Not every strategist fears that high valuations will halt the advance. Keith Lerner, co-chief investment officer and chief market strategist at Truist Advisory Services, expects big technology firms to steer the broader market higher in the second half of 2025, aided by ongoing spending on artificial-intelligence computing. Meta Platforms has lifted its estimate for capital expenditures this year, and Microsoft says it will boost spending in its next fiscal year. Those pledges ease concerns that the companies might trim investments after two years of heavy invesment. “Our view is that earnings could still be maybe flatter but likely have less downside than what we would have thought heading into the earnings season,” Lerner said. Bloomberg Intelligence data show profit forecasts for the Magnificent Seven in 2025 have held steady during the past two months. Analysts still expect the group to deliver about 15% earnings growth, roughly twice the rate projected for the S&P 500. “Investors are going to be drawn back toward these names with secular growth,” Lerner added. “Tech could be that catalyst later on to actually see the market re-accelerate later in the year.” For now, optimism about cloud demand, artificial-intelligence chips, and digital services has pushed tech stocks back into favor and cut the index’s losses since early spring. But because tariff risks persist and valuations are high, this rally still feels fragile. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
A donation of 468 bitcoin to the Ministry of Justice from a convicted drug trafficker has sparked a scandal in the Czech Republic, leading to the resignation of Justice Minister Pavel Blazek. Blazek claimed he was unaware of any illegal conduct related to the donation. Czech Republic Justice Minister Resigns After Bitcoin Donation Scandal A
The Ethereum price has slowed down — repeatedly failing to breach the resistance zone around $2,800 — over the past few weeks after making a strong start to the month of May. The second-largest cryptocurrency will aim to replicate this brilliant form in the early days of June in order to reclaim the coveted $3,000 level over the coming months. Since losing the $3,000 level in early February, the price of ETH has struggled to build a sustained bullish momentum, reaching only above $2,700 multiple times in the past few weeks. However, recent market data shows that the Ethereum price could be preparing for an extended rally over the next few months. What Do Ether Whales Know? In a May 31 post on the social media platform X, pseudonymous crypto analyst Darkfost provided an on-chain outlook on the Ethereum price momentum and investor sentiment. According to the market analyst, an on-chain signal that preceded a significant price rally for ETH in the past has gone off. The relevant indicator here is Ethereum’s Average Order Size on Binance, which is calculated by dividing the total trading volume by the number of trades on the world’s largest cryptocurrency exchange (by trading volume). This metric offers insights into the classes of traders — whether it is large institutional investors or retail traders — that are most dominant on a specific exchange. Based on this on-chain metric, the Ethereum large investors are once again back in the market, as shown by the whale orders on Binance since May 19. Darkfost said the chart below provides “an instant snapshot of Ethereum’s sentiment and momentum on Binance, while combining key market data on spot and futures activity, cumulative volumes, with moving averages comparison.” The on-chain analyst added: In short, it’s an all-in-one signal, and today, it’s flashing something rare and powerful because the last time this indicator lit up like this was in December 2023, right before ETH rocketed from $ 2,200 to $ 4,000. Darkfost also mentioned that whales aren’t always trying to find a low entry point, but rather position themselves early when a broader trend begins to show signs of strength. With the average orders on Binance predominantly placed by whales, it implies that the Ethereum price could be gearing up for another 80% move over the next few weeks. Hence, Darkfost believes the month of May might have been a huge entry window, which most of the large investors seemingly took advantage of. Ethereum Price At A Glance As of this writing, the price of Ethereum stands at around $2,537, reflecting a 0.5% increase in the past 24 hours.