Offchain Labs, the company behind Arbitrum, has acquired smart account infrastructure provider ZeroDev in a move that signals its ambitions beyond scaling infrastructure. The deal, which brings ZeroDev’s five-person team fully into Offchain Labs, represents what CEO Steven Goldfeder calls “a very logical next iteration” of the company’s mission. Founded in 2018, Offchain Labs initially
Bitcoin is approaching a potential new all-time high, steadily advancing toward the $123K mark. Overall, both technical indicators and sentiment data point to continued upside potential, suggesting that the rally still has momentum behind it. By ShayanMarkets The Daily Chart On the daily timeframe, Bitcoin continues to follow a sharp ascending channel, consistently forming higher
With Bitcoin (BTC) reclaiming the $120,000 support, the asset’s long-term price structure signals the potential for a breakout toward $200,000 in the coming months. This possibility was shared by popular cryptocurrency analyst TradingShot, who noted that Bitcoin has extended its rebound from the 50-week moving average (MA), recently reinforced by a short-term bounce on the
Former Dallas Fed President and Goldman Sachs Vice Chairman Robert Kaplan said the Fed is likely to cut interest rates in September. Kaplan stated that weak employment data and slowing demand supported this decision. Kaplan argued that while the current unemployment rate appears strong on the surface, the labor market is actually weaker. “Employment growth
Donald Trump’s dismissal two weeks ago Bureau of Labor Statistics Commissioner Erika McEntarfer and nomination of EJ Antoni as her replacement is generating plenty of “inside baseball” chatter among the political class. But did the president — as uncouth and ham-handed as his methods are — stumble upon a truth that was hiding in plain
Shares of crypto exchange Bullish (BLSH) soared to $102 in initial trades on Wednesday, their first day of action on the New York Stock Exchange. The company priced its initial public offering (IPO) at $37 per share, above the expected $32 to $33 range. That price valued the Cayman Island-based crypto exchange at a total
The financial world is buzzing with news of a significant development involving a prominent figure. Donald Trump Jr. has recently completed a substantial Trump Jr. Thumzup stock sale, generating considerable interest across investment circles. This move comes shortly after Thumzup, the company in question, announced its innovative shift towards a Thumzup crypto treasury strategy, adding
A recent, significant event has captured the attention of the cryptocurrency community: an unprecedented BTC transfer Kraken executed by a major Bitcoin holder. Whale Alert, a prominent blockchain tracking service, reported this massive movement, detailing the transfer of 3,000 BTC from the Kraken exchange to an unknown wallet. This single transaction is valued at approximately