Author: Kryptonews

Just a year ago, Washington DC’s Hirshhorn art museum – the capital’s preeminent contemporary art museum – was asking whether non-fungible tokens (NFTs) were “fad or the future of art”. Twelve months on, it looks like “tax write-off” might have been the right answer.This year was not just the year that cryptocurrency values were burned by investor fears, rising interest rates, inflation and scandals, it was the year that crypto’s cartoonish art cousin the NFT – an electronic identifier confirming a digital collectible is real – collided with reality.In March 2021, Christie’s sold a digital collage NFT by the artist…

XRP futures contracts began trading on CME Group’s derivatives platform on May 19, surpassing $15,6 million in trading volume as of 9:20 P.M. UTC across standard and micro contract offerings. According to CME data, 120 standard XRP contracts traded at an average price of $2.3965, representing approximately $14.3 million in notional volume. Each contract equates to 50,000 XRP.Additionally, 206 micro contracts, each representing 2,500 XRP, were traded throughout the day, recoding over $1.2 million in volume.The launch placed CME’s XRP futures ahead of platforms like dYdX in notional daily volume, based on Coinglass data. It was close to BitMEX’s $19.3 million…

The Protocol Security Research Team and the Ecosystem Funding Initiative at the Ethereum Foundation are proud to announce the launch of the ETH Rangers program to help incentivize Public Goods Security Work for the Ethereum Ecosystem. Public Goods Security Work ETH Rangers offers stipends to support individuals who dedicate time to work on public goods security efforts within the Ethereum ecosystem. Over six months, participants will be selected to each receive $25,000 USD. What type of work is considered Public Goods Security work? Public Goods Security work includes efforts to enhance the security and resilience of the Ethereum ecosystem. This…

The Bitcoin halving occurs approximately every four years, slashing the block reward given to miners in half. The 2024 halving has triggered concerns and debates about the future profitability of Bitcoin mining. Examining key data points and economic factors provides a clearer picture.## Understanding the Halving and Its Immediate ImpactHistorically, halvings have led to an initial shock to the mining industry. Suddenly, miners earn 50% less Bitcoin for the same computational effort. This increased scarcity of new Bitcoin tends to push up the price of Bitcoin itself over time, but the immediate impact is a reduction in revenue. Miners must…

Introduction to NFT Standards The world of Non-Fungible Tokens (NFTs) has exploded in recent years, with creators, artists, and brands leveraging them for digital ownership, collectibles, and more. While many assume NFTs are a single, uniform technology, there are actually multiple standards—each with its own strengths and weaknesses. The most widely recognized standard is ERC-721, but alternatives like ERC-1155, SudoSwap’s SSX, and Solana’s SPL-NFT offer different approaches. For creators, choosing the right NFT standard depends on their goals, whether it’s minting art, in-game items, or complex digital assets. This article explores ERC-721 vs. other NFT standards, helping creators decide which…

Bitwise Asset Management has formally submitted a Form S-1 registration statement to the US Securities and Exchange Commission (SEC) to launch the Bitwise NEAR exchange-traded fund (ETF).  The filing follows Bitwise’s earlier move on April 24, 2025, when the firm registered a trust entity for the Bitwise NEAR ETF in Delaware. The S-1 marks the natural next step in the process. NEAR Joins the Altcoin ETF Race With Bitwise Filing The proposed ETF aims to track the value of NEAR, the native token of the NEAR Protocol. It is a layer-1 blockchain focused on scalability and decentralized applications.  The filing…

To get the show every day, follow the podcast here.On “Markets Daily,” host Jennifer Sanasie speaks with Elliot Chun, partner at Architect Partners, about tomorrow’s Federal Open Market Committee (FOMC) meeting and the most important mergers and acquisitions in crypto.This episode was hosted by Jennifer Sanasie. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl, alongside Senior Booking Producer Melissa Montañez. All original music by Doc Blust and Colin Mealey.Audio Transcript: This transcript has not been edited and may contain errors.JENNIFER SANASIE:How are you?ELLIOT CHUN:Great to be here on a day when we had…

The Federation Internationale de Football Association (FIFA) plans to launch a new blockchain network to support its non-fungible token (NFT) collectibles, the organization announced on April 30.FIFA will launch its “FIFA Blockchain,” with Ethereum Virtual Machine (EVM) compatibility and aims to provide “better performance, future features, and improved scalability.”As part of the move, FIFA Collect — its official NFT collection — will migrate from the Algorand blockchain to the new FIFA Blockchain. The migration is scheduled to begin no earlier than May 20, FIFA said. FIFA announces new blockchain for FIFA collection migration. Source: collect.fifa.com“At this stage, no immediate action…

Key takeaways:Bitcoin’s Sharpe ratio converges with gold’s, indicating similar risk-adjusted returns, supporting its store-of-value role.Gold outperformed Bitcoin in Q1 2025 with a 30.33% price gain versus Bitcoin’s 3.84%, driven by economic uncertainty.Bitcoin ETF inflows are recovering, and analysts predict BTC could reach $110,000–$444,000 in 2025.Bitcoin’s (BTC) price is holding above $100,000, leading Fidelity Director of Global Macro, Jurrien Timmer to say the crypto asset could reclaim its position as a leading store-of-value contender. Timmer’s recent analysis highlights a convergence in the Sharpe ratios of Bitcoin and gold, suggesting that the two assets are increasingly comparable in risk-adjusted returns. The Sharpe ratio…

Introduction to ERC20 In the vast and rapidly evolving world of cryptocurrencies and blockchain technology, few standards have had as significant an impact as ERC20. Short for Ethereum Request for Comments 20, ERC20 is a technical specification that defines a common interface for fungible tokens on the Ethereum blockchain. Its role in shaping decentralized finance (DeFi) and non-fungible tokens (NFTs) cannot be overstated, as it provides a standardized framework that ensures seamless interactions between different applications and protocols. What Does ERC20 Do? ERC20 is not a token itself but rather a set of rules and functions that smart contracts must…