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A big change is possible in the world of crypto and blockchain technology. Ethereum co-founder Vitalik Buterin has proposed replacing the Ethereum Virtual Machine (EVM) with an open-source architecture RISC-V. He says that this change can take Ethereum’s scalability and performance to the next level.
The Ethereum Virtual Machine (EVM) is the computational engine that runs smart contracts. It is the backbone of Ethereum’s entire network. But over time, the limitations of EVM have come to the fore – especially in terms of scalability, efficiency and modern compiler support.
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Investment in exchange traded funds (ETFs) linked to bitcoin and other cryptocurrencies is once again gaining momentum. Last week, heavy investment was seen in bitcoin ETFs, a major reason for which is believed to be former US President Donald Trump’s threat to remove Federal Reserve Chairman Jerome Powell.
According to data from crypto analytics website CoinShares, a total net inflow of $103 million was recorded in bitcoin-based ETFs last week. This is believed to be related to the growing confidence among investors and Trump’s recent political rhetoric. Earlier, these funds had registered a decline for two consecutive weeks.
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The world of cryptocurrency is once again in a stir. Bitcoin recently crossed the $ 87,000 (about ₹ 72 lakhs) mark, one of its highest levels ever. Experts believe that bitcoin could reach $ 100,000 (₹ 83 lakhs) by the end of the second quarter of 2025.
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