Yagyesh Jaiswal

Young Americans Prefer Crypto, Survey Shows

A recent PolicyGenius survey shows that a significant portion of young Americans, particularly Gen Z and Millennials, are more inclined to invest in cryptocurrencies over traditional assets like stocks and real estate.

Yagyesh Jaiswal

One-fifth of young Americans, with a notable preference among Gen Z, are investing in cryptocurrency, surpassing traditional investments such as stocks and real estate, indicating a shift in generational investment patterns.

S. Korean Regulators Crackdown on Illicit Crypto Trades

South Korean regulators are stepping up measures to stop traders from illegally dumping stolen cryptocurrencies onto domestic exchanges by investigating suspicious transactions and coordinating with law enforcement.

Yagyesh Jaiswal

As crypto regulations continue to tighten in South Korea, authorities are committed to protecting investors and maintaining fair markets by ensuring only legitimate coins can be traded locally.

Solana Devs Plan Congestion Fix in April

Solana developers are set to deploy a fix for the network congestion caused by an implementation bug by mid-April, as ongoing issues prompt project launch delays on the blockchain.

Yagyesh Jaiswal

Solana faces network congestion due to an implementation bug, with developers planning a patch by mid-April. This has led to delayed launches for several Solana-based projects amidst increased transaction failures.

Swiss Bank Prefers Wholesale CBDC Trials

The Swiss National Bank expresses concerns over retail CBDCs potentially destabilizing the financial system, contrasting its interest in exploring the benefits of wholesale CBDCs through Project Helvetia III.

Yagyesh Jaiswal

Thomas Jordan, Chairman of the Swiss National Bank, highlights the potential risks of retail CBDCs to financial stability, emphasizing the advantages of wholesale CBDC trials for secure and efficient financial transactions.

Bitcoin Supply Moves to Lowest Level Since October 2022

Data from Glassnode shows the percentage of Bitcoin's circulating supply inactive for over a year has declined to 65.8%, the lowest since October 2022, indicating profit-taking by long-term holders.

Yagyesh Jaiswal

The drop in Bitcoin's inactive supply underscores a shift from the holding trend of 2023 as investors look to realize gains amid the cryptocurrency's strong price performance over the past year.

Chinese Authorities Probe Filecoin Liquid Staking Project

Key technical leaders of the STFIL liquid staking platform for Filecoin have been detained by Chinese police and are under investigation. Users' funds were also moved to an unknown wallet.

Yagyesh Jaiswal

The high-profile investigation and missing user funds have raised serious concerns around transparency and accountability for the multi-million dollar STFIL project.

SOL Face Network Delays Due to Spam Transactions

Solana network users have experienced delays and dropped transactions as the blockchain faces congestion from increased spam transactions. Developers are working on fixes.

Yagyesh Jaiswal

The popular Solana blockchain has seen rising congestion leading to slower transactions. While interest in the network rises, spammers are taking advantage by flooding it with bogus activity. Updates aim to prioritize genuine transactions and streamline processing to improve the user experience.

Court Reopens Lawsuit Against Coinbase

A lawsuit against Coinbase is reinstated by an appellate court due to a date-related error, despite previous rulings favoring the cryptocurrency exchange's dismissal of the case.

Yagyesh Jaiswal

A civil lawsuit against Coinbase is revived by an appellate court due to a clerical mistake, despite initial support for the case's dismissal, highlighting ongoing legal scrutiny over crypto exchanges.

Kiyosaki Addresses Harry Dent's $200 Bitcoin Prediction

Best-selling author and investor Robert Kiyosaki weighs in on economist Harry Dent's prediction that Bitcoin could crash to just $200, providing his rationale for why such a plunge is unlikely.

Yagyesh Jaiswal

This piece explores the differing views of Kiyosaki and Dent regarding bitcoin's future price path, with Kiyosaki arguing that bitcoin offers a hedge against economic turmoil while Dent maintains it is in a bubble that will burst dramatically.

Grayscale Revises Fund, Drops Cardano, Cosmos

Grayscale has announced the removal of Cardano and Cosmos from its crypto funds during its quarterly rebalancing, impacting ADA and ATOM's market performance.

Yagyesh Jaiswal

Grayscale's recent quarterly fund rebalancing resulted in the exclusion of Cardano from its Digital Large Cap Fund and Cosmos from its Smart Contract Platform Ex-Ethereum Fund, leading to notable price declines for ADA and ATOM.