Bitcoin, Ethereum, and several other forms of crypto have been enjoying something of a rally over the past few weeks. These assets, along with many others, have enjoyed easing market conditions that have allowed them to jump to four-month highs and allegedly begin to put 2022 – arguably the worst year for crypto on record – behind them, but with news of “extraordinary measures” being taken by Janet Yellen and others in the U.S. financial district to prevent chaos from...
Read More »Bitcoin: Das kann das Ordinals Update
Bitcoin Ordinals: Neues Update sorgt für Aufregung. Die Bitcoin-Entwicklung war ja schon immer hochpolitisch. Sei es die Block-Grösse oder Updates wie SegWit. Nun erhizt ein weiteres Update die Gemüter der Bitcoin Coimmunit: Das Ordinals Update. Was kann das Ordinals Update? Das Protokoll bringt NFTs auf das Bitcoin-Mainnet. Oder einfach gesagt: Dank Ordinals kann jeder seine NFTs auf der Bitcoin Blockchain speichern. Eine Sidechain ist dafür nicht...
Read More »Binance und die Greenfield-Ergänzung
The goal of the BNB Greenfield is to unleash the power of decentralized blockchain and storage technology on data ownership and data economy. Das Entwicklerteam des BNB-Netzwerkes hat mit „Greenfield“ die neueste Ergänzung seines Ökosystems vorgestellt. Ein neues Protokoll soll es Entwicklern und Nutzern ermöglichen, ihre Daten über ein dezentrales Netzwerk von Speicheranbietern zu hosten. Die Binance Coin (BNB), die native Währung von Binance, soll...
Read More »Litecoin (LTC) Price Analysis: Bulls In Control Above $92
Litecoin started a steady increase above $92 against the US Dollar. LTC price is now trading below $100 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $95 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains above the $100 and $105 resistance levels. Litecoin price is correcting gains from $102 against the US Dollar, similar to bitcoin. LTC price could start...
Read More »What is Optimism (OP): Guide to One of Ethereum’s Layer-Two Scaling Solutions
The cryptocurrency industry, in general, became a lot more popular in the past couple of years. This saw the development and launch of hundreds, if not thousands, of decentralized applications (dApps) in various fields, such as DeFi, gaming, learning, trading, investing, and whatnot. There are many reasons for this, including but not limited to the massive bull run in 2021, the rise of non-fungible tokens, the popularity of memecoins, and more. This saw hundreds of thousands...
Read More »Breaking Records: NBA Star NFT Sells for $187,000 on Sorare
The single edition non-fungible token (NFT) of professional basketball star Giannis Antetokounmpo was sold for 113.9 ETH ($187,000) on Sorare NBA over the weekend. Sorare NBA is a licensed NFT-driven fantasy basketball game, and the sale set a new milestone, being the platform’s highest single transaction since its launch in October 2022. The 1/1 Antetokounmpo NFT was auctioned through Sorare NBA’s Ethereum-based platform. The sale price of the NFT was thrice the price of the...
Read More »Here’s the First Support for ETH in Case of a Short-Term Correction (Ethereum Price Analysis)
Ethereum’s uptrend has been halted after reaching the major resistance at $1.7K. The price action seems choppy, while a short-term correction is what many expect. Technical Analysis By Shayan The Daily Chart Ethereum has surpassed the 200-day moving average and the multi-month channel’s upper trendline due to the recent bullish move of the whole market. However, the price declined from the major resistance level of $1.7K and is now consolidating beneath it. On the other hand,...
Read More »Ethereum Price Analysis: Dips Remain Attractive Near $1,550
Ethereum price is correcting gains below the $1,650 level against the US Dollar. ETH price is now trading near $1,630 and the 55 simple moving average (4-hours). There is a key contacting triangle forming with support near $1,610 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $1,600 support zone. Ethereum price is consolidating above the $1,600 level against the US Dollar. ETH/USD could rise further if it clears the...
Read More »Why ZK-Rollups Are the Future of Ethereum Scaling: Interview with StarkWare PM Gal Ron
Scaling Ethereum has undoubtedly been one of the hottest topics in the past months. The network’s transition to a proof-of-stake consensus algorithm in September 2022 was a huge milestone in this regard, as it opened the door for many different scaling solutions to be implemented. While Ethereum developers are working on ways to scale the network natively, the power of layer-two solutions is only beginning to manifest. Concepts such as zero-knowledge proofs are now becoming a...
Read More »Bitcoin Is Doing Well, but What About Its Smaller Cousins?
Over the past few weeks, traders and analysts everywhere have been talking about how great bitcoin and Ethereum are doing. We’ve also published a few articles talking about the January price booms witnessed by BTC investors. Bitcoin Is in a Good Spot, but What About the Rest? Ending the 2022 year in the mid-$16K range, it appears bitcoin has made its way back up the financial ladder and is now trading for more than $19,000, something we haven’t seen since mid-November of...
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