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Author: CryptoPress

Arbitrum’s Homepage Crashes Amid Rush to Claim ARB Tokens

In Brief: Arbitrum’s homepage briefly crashed as users rushed to claim their ARB tokens. The majority of eligible wallet addresses are expected to receive 625 tokens. The claiming process resulted in unexpected errors such as RPC limit “exceeded.” Early claimants likely sold their holdings on the market as the price of ARB fell from a high of $8.67 to $1.4 in the first 30 minutes after claims began. The Arbitrum airdrop of its...

$ARB, Airdrop, Altcoins, Arbitrum, Cryptocurrencies, Ethereum, Front page, Main

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Balaji Srinivasan: Bitcoin would reach $1 million within around 90 days

Balaji Srinivasan is a well-known figure in the tech and crypto worlds. He has a resume that could be a model for these industries. He’s an angel investor, tech founder and bestselling author of The Network State (in which he argues that technology will usher in the end of the nation-state era). His experience spans from being the CTO of Coinbase and a general partner at venture firm Andreessen Horowitz, to co-founding several companies that were...

Bitcoin, Crypto adoption, Cryptocurrencies, Inflation, People in crypto

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Passive Investing in Crypto: The Rise of Index Funds

In short: Passive investing in crypto is on the rise with the launch of the $AMKT, a market index fund. Index investing eliminates the risk of picking the wrong coin and offers several benefits such as rebalancing, lower fees, and taxes. The $AMKT tracks the top 25 tokens and is managed passively, making it a convenient option for long-term investment. Passive investing has been on the rise for the last 50 years, with index investing...

$AMKT, Crypto Index Funds, Crypto market, Cryptocurrencies, ETF, Featured, Front page, Main

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Crypto Market – March 21, 2023

Bitcoin, which yesterday surpassed $28,000 for the first time in nine months, fluctuated between $27,300 and $28,350 during the previous 24 hours as investors awaited a decision from the Federal Reserve on interest rates on Wednesday. The market is anticipating a 25 basis point rise. As the conference approaches, we anticipate a slowing in activity and bitcoin’s price movement. Bitcoin Today: Bitcoin (BTC) fell today, to $28,040.78 with...

$SOL, $XRP, Bitcoin, Cardano, COSMOS, Crypto market, Cryptocurrencies, Ethereum

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Ethereum’s Shanghai Upgrade: Staked ETH Withdrawals One Step Away

In Brief: Ethereum’s Shanghai upgrade will enable the withdrawal of staked ETH The Goerli testnet successfully launched and finalized Mainnet launch is expected next month Ethereum’s Shanghai upgrade, which made it possible to withdraw ETH that had been staked (stETH), was the last step before its much-anticipated April launch. The network’s core developers have confirmed that the Goerli testnet, essentially a comprehensive...

$stETH, Cryptocurrencies, ETH2, Ethereum, Front page, Main

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