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Bitcoin (BTC) has recently demonstrated a significant recovery, climbing above the $60,000 threshold, a development that follows a tumultuous week where its price dropped below $57,000 prior to the Federal Open Market Committee (FOMC) meeting.  This marked a surprising 8% drawdown, sending Bitcoin to its lowest in two months. However, amid a broader stock market rise and a weaker-than-expected US jobs report, Bitcoin’s price trajectory is looking optimistic. In this context, RLinda , a prominent crypto analyst and professional trader, emphasized the importance of the key $64,500 level for Bitcoin in her May 5 TradingView post. Picks for you Bitcoin price can target $73,000 soon if this happens  3 mins ago Economist Nouriel Roubini blasts Bitcoin’s decentralization as ‘nonsense' 17 hours ago Cryptocurrency investor loses $70 million in six hours: Address poisoning attack 18 hours ago U.S. billionaires now have a lower effective tax rate than wor...

The restaurant was being built alongside a private members lounge that was only open to people who bought NFTs, but rising construction costs ultimately stopped the project from coming to fruition. Bold plans for a non-fungible token linked restaurant and private members lounge in San Francisco have come to an abrupt end, after the company behind the project halted construction due to challenging macroeconomic factors. The two venues were being built on Salesforce Park, and were going to be dubbed the “Sho Restaurant” and “Sho Club Sky Lounge.” The latter was only going to be accessible to holders of the Sho Club NFTs, which cost anywhere from $7,500 to $300,000, and offered access to other future Sho Group hospitality offerings. Speaking with San Francisco-focused news website SFGATE on Sept. 7, Sho Group CEO Joshua Sigel stated that it was no longer possible to build the project, and confirmed that the company ended its lease agreement in July. Early rendition of the restaurant an...

Vitalik Buterin identified distributed validator technology, or DVT, as a key component of Ethereum’s decentralization efforts. Validator infrastructure developer ssv.network has launched a new ecosystem fund to support Ethereum proof-of-stake Decentralization — a move that the company said would promote innovation around Ether (ETH) staking technologies.  The ecosystem fund, valued at $50 million, will support projects building applications using distributed validator technology, or DVT, the company announced on Jan. 17. The fund is solely dedicated to backing DVT use cases in support of Ethereum’s long-term decentralization efforts. DVT is an open-source protocol that allows a validator’s responsibilities to be distributed across multiple nodes. The protocol was a key component of Ethereum co-founder Vitalik Buterin’s roadmap for Eth 2.0, as more DVT implementation means more decentralization. SSV noted that several venture capital investors — including Digital Currency Group, ...