Enjin Coin (ENJ) saw a remarkable 3,200% increase in 2021, reshaping the blockchain gaming and NFT landscape. ENJ, built on Ethereum, facilitates seamless integration of NFTs into games, fostering creativity without needing extensive blockchain knowledge. NFTs backed by ENJ possess real monetary
The Ethereum Pectra update is approaching, with test rollouts on Holesky and Sepolia networks on February 24 and March 5. Pectra includes eleven Ethereum Improvement Proposals aimed at enhancing wallet capabilities and data availability. Recent price movement shows a 3% increase, testing
Tesla’s stock surged 80% in early 2024, linked to investor optimism after President Trump’s reelection and Elon Musk’s political involvement. Elon Musk supported Trump with $270 million and took a prominent government role, sparking initial stock gains. Subsequently, Tesla’s stock dropped 17%
Dogecoin plans a major upgrade called “Dogecoin 2.0” to enhance scalability, security, and sustainability. A shift from Proof-of-Work to Proof-of-Stake is being considered to reduce energy consumption and support environmental sustainability. Integrating smart contracts into Dogecoin’s blockchain could expand its use cases
A group of 14 Republican senators is pushing new legislation that could disrupt the growth of the electric vehicle (EV) market, emphasizing political concerns over federal support for EVs. Senator John Barrasso’s Eliminating Lavish Incentives to Electric Vehicles Act aims to cut
Bitcoin remains stable around $70,000, showing resilience despite economic challenges. The Solana ecosystem’s altcoins are seeing a resurgence, while broader economic concerns grow with US inflation at 3%. US economic tensions mount as Donald Trump considers tariffs, and the Federal Reserve maintains
Nine major banks plan to invest $148.7 billion in cryptocurrency, specifically XRP, influencing its market dynamics. This investment could lead to nearly 65% control of XRP’s circulating supply, stirring predictions of a significant supply shock. Experts foresee XRP’s price possibly rising to
Sphere Energy, an EV sector innovator, introduces an AI-driven battery simulation model that dramatically cuts traditional battery validation timelines. The model uses data to accurately predict battery performance and longevity, eliminating the need for lengthy physical testing. Founded by Luca Scherrer, Lukas
Mubadala Investment Company has invested $436 million in BlackRock’s iShares Bitcoin Trust (IBIT), marking a significant step into cryptocurrency for Abu Dhabi. This investment signifies a strategic diversification of Mubadala’s $302 billion portfolio, highlighting Bitcoin’s increasing global influence. Abu Dhabi is positioning
Quantum computing poses a potential threat to Bitcoin’s cryptographic security. Conventional cryptographic methods may be vulnerable to quantum computers’ processing power. The crypto community is actively developing quantum-resistant algorithms to safeguard Bitcoin. Preparation for quantum computing advancements is crucial for Bitcoin’s future