Ethereum Foundation CEO Aya Miyaguchi will officially "step up" as chair of the nonprofit, according to a blog post on Tuesday. The move comes after a long period of public scrutiny over her leadership and criticism from the Ethereum community over the Ethereum network's competitiveness and scaling solutions
Read MoreBitwise Asset Management, one of the leading crypto asset management firms, has announced that it has raised $70 million from a range of major investors, including Electric Capital, MassMutual, and Haun Ventures. The company announced the news via a social media post on Tuesday.
Read MoreBernstein continues to maintain its Bitcoin price target of $200,000 within the next 12 months, viewing the current correction as a potential buying opportunity for investors. In a new report, analysts at Bernstein assert that a drop below $80,000 is a strategic entry point for Bitcoin, especially as they remain bullish on institutional and corporate capital flows.
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