Crypto News
Elon Musk Declares Fiat ‘Hopeless,’ Says America Party Will Embrace Bitcoin
The multi-billionaire’s new political outfit positions Bitcoin as a fiscal reform tool, reshaping the crypto policy debate.Source link
Bitcoin Price Watch: Breakout or Breakdown? BTC Sits on a Knife’s Edge
Bitcoin traded narrowly between $107,942 and $109,717 on July 7, 2025, as bulls and bears tested key levels near the $110,000 resistance. With a market cap of $2.16 trillion and daily volume exceeding $19.6 billion, the cryptocurrency held firm at $108,831 amid signs of both strength and hesitation in price action. Bitcoin Across the dailySource link
Vitalik Buterin’s New Proposal Seeks 16.7M Gas Cap on Ethereum to Rein In Transaction Bloat
A new Ethereum proposal, co-authored by Vitalik Buterin and Toni Wahrstaetter. aims to impose a hard cap on the maximum gas a transaction can consume in a move developers say could strengthen network stability and make the chain more viable for certain applications.The proposal, EIP-7983, suggests limiting individual transactions to 16,777,216 gas (2²⁴) — a sharp change from the current design which technically allows a single transaction to consume the entire block gas limit.As of Monday, a single Ethereum transaction can consume as much gas as an entire block allows — a design choice that introduces several performance and security challenges.When a single transaction consumes nearly all the available gas, it disrupts the distribution of workloads across the network and...
Two Sentenced to 12 Years for $2.1 Million Cryptocurrency Fraud in UK
Two individuals from the UK, Raymondip Bedi and Patrick Mavanga, have been sentenced to a combined total of 12 years in prison for their involvement in a $2.1 million cryptocurrency fraud, following a prosecution by the FCA. Between February 2017 and June 2019, the pair cold-called victims, selling fake investments in cryptocurrency and defrauding atSource link