The total cryptocurrency market capitalization dropped below $1 trillion on Saturday as the majority of altcoins are bleeding out. Bitcoin also dropped below the coveted $20,000 as the bulls failed to produce any meaningful increases. Bitcoin Below $20K The primary cryptocurrency has failed to chart any notable increases in the past 24 hours and is down some 1.3%. The bulls attempted to push the price upwards on a few occasions but were unable to do so. Eventually, this...
Read More »Vitalik Believes Crypto Volatility Will Stabilize Like Gold
Ethereum co-founder Vitalik Buterin was recently interviewed on the state of the crypto markets, and the future of blockchain technology. He predicted that crypto market volatility will slow to that of gold and stocks in the medium-term – though he doesn’t know at what price. The developer also spoke about proof of work, proof of stake, and the reluctance of Bitcoiners to embrace the latter. Where Will Crypto Settle Down? In an interview with blogger Noah Smith, Vitalik...
Read More »ETH Needs to Break This Level to Attempt a Shot at $2K Again (Ethereum Price Analysis)
August’s monthly candle closed in the red. However, it was a month filled with volatility where the bulls dominated the market until the middle of the month and managed to record a high of $2031. At that point, bears intercepted and pushed the price towards $1420. In any case, all eyes are now on September as we enter the month when the Merge is expected to take place. Technical Analysis By Grizzly The Daily Chart In the daily timeframe, buyers appeared strong this week. They...
Read More »OpenSea Will Not Support NFTs on ETHPoW Fork
The world-leading NFT marketplace OpenSea has publicly declared its support for the Ethereum Merge later this month. As such, it will not support any speculative Ethereum forks that follow its activation – such as a potential ETHPoW fork. The marketplace confirmed its support for the Merge in a tweet on Wednesday. “We are committed to solely supporting NFTs on the upgraded Ethereum PoS chain,” it read. It also noted that any NFTs circulating on a possible ETHPoW fork, after...
Read More »Mad Money Jim Cramer Says the Fed Will Take Down Speculative Assets Like Bitcoin
Jim Crame is back at it again with yet another U-turn in terms of his cryptocurrency stance. He called bitcoin and altcoins speculative assets and warned individuals to refrain from investing in them. In the past few years, Cramer has displayed a somewhat controversial view of the crypto sector. In 2021, he insisted on receiving his salary in bitcoin. Following the major price correction, though, he abandoned those plans, selling almost all of his BTC holdings. “Don’t get...
Read More »Ethermine Unveils New Staking Service as The Merge Nears
With the mining era slowly coming to an end, the world’s largest Ethereum mining pool – Ethermine – has launched a staking pool service for users. To become a validator on the Ethereum network, users must invest 32 ETH. But Ethermine’s new service, dubbed – Ethermine Staking – offers a workaround. It aims to let members of the pool collectively stake their Ether (ETH) and also earn interest after the transition of Ethereum’s consensus mechanism from Proof-of-Work (PoW) to...
Read More »Bitcoin-Preis vor Kursspektakel?
Bitcoin-Preis: Kommt bald der lang erwartete Bullrun? Es ist alles eine Frage der Perspektive. Wenn man sich den Bitcoin-Chart mal etwas aus der Ferne ansieht, dann sieht es gar nicht mehr so schlecht aus für den Bitcoin-Preis. ein Bullrun auf weit über 100k könnte uns bevorstehen, wenn sich die Muster wiederholen. Das tun diese nämlich oft. Nicht exakt, aber die Muster ähneln sich in der Regel. ZOOM OUT ONCE IN DOUBT!#Bitcoin $BTC...
Read More »KuCoin mit Ethereum Merge-Wettbwerb
KuCoin-Wettbewerb für alle! Die bekannte Bitcoin-Börse KuCoin hat sich einen flotten Wettberb zur feier des kommenden Ethereum Merge ausgedacht. Und zwar ist die Aufgabe denkbar einfach. Und zwar geht es darum, den exakten Zeitpunkt des Merge zu erraten. Jeder mit einem Account kann mitmachen. Was ist der Ethereum Merge? Was passiert nach dem „Ethereum Merge“? Am 6. September 2022 soll der Startschuss für den Merge fallen — Mitte des Monats soll er...
Read More »Sygnum eröffnet als erste Schweizer Bank einen Hub im Metaverse
Sygnum granted capital markets services (CMS) licence for asset management in Singapore Sygnum kündigt die Eröffnung des ersten Metaverse-Hubs einer Schweizer Bank im virtuellen Äquivalent des New Yorker Times Square an. Der Decentraland-Hub ist Sygnum’s Web3-Portal zur aufstrebenden USD 5 Billionen Metaverse-Wirtschaft und verfügt über einen CryptoPunk-Rezeptionisten, eine interaktive NFT-Galerie und einen Veranstaltungsraum. Sygnum eröffnet den...
Read More »Ethereum Price Analysis: Despite the Recent Drop, ETH’s Forming a Bullish Pattern
After dropping to a monthly low over the past week, finally, the steep dive seems to be finding a local bottom. ETH saw a staggering 12% price increase over the past three days, touching a high of over $1600 as of yesterday (Wednesday). Could this end up in breaking out above the falling wedge, which is textbook bullish? Technical Analysis By Grizzly The Daily Chart The bottom line of the falling wedge pattern (in yellow) has already supported the price three times. This...
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