Ethereum (ETH)

The former BitMEX CEO explained to his readers why 2022 will be a big year for Ethereum. He considers that the network – after the transition to proof-of-stake consensus – will function as a commodity-linked bond. In contrast, the former CEO called BTC “pure money” that intrinsically “yields nothing.” Hayes sees Ethereum as an investment better than not only bitcoin but other L1 protocols, which are mostly overvalued. Plus, the transition scheduled to occur in the summer of...

Bitcoin has calmed once again over the $46,000 mark, while some altcoins have reduced its dominance over the market with impressive gains. Terra is among those as LUNA soared by almost 10% in a day and charted a new all-time high at close to $120. Terra’s Latest ATH Most altcoins experienced enhanced volatility a couple of days ago, went back on the offensive yesterday, and have stalled today. Ethereum, for example, dipped to $3,300 before it shot up to just over $3,500...

After surging 60% from the bottom of the marked descending channel during the second half of March, Cardano has now reached a critical resistance level at the top of the channel. The bulls are trying to break out of it, however, they have so far failed in closing a daily candle above it. Unlike BTC and ETH, which are struggling at the daily MA-200 line, ADA has not yet managed to touch it. The important moving average currently lies around $1.5. Technical analysis by Grizzly...

The cryptocurrency-focused financial services company led by Michael Novogratz – Galaxy Digital Holdings – announced it will acquire the digital asset custodian BitGo between now and October 2022. Initially, the move was planned for the first quarter of the year. Delaying the Acquisition In May last year, Galaxy Digital agreed to purchase BitGo for approximately $1.2 billion. According to the agreement, the latter’s shareholders were supposed to receive 33.8 million on newly...

Zilliqa – a scalability-focused DeFi blockchain – is seeing its cryptocurrency skyrocket leading up to the Metapolis launch this month. ZIL is up nearly 5X over the last two weeks, rising from $0.041 to $0.2 as of Friday. Zillqa leverages a layer 2 scaling solution known as “sharding”, which partitions a blockchain network into “shards” to spread out transaction workload. This method is currently being tested by Ethereum. Meanwhile, Metapolis is a metaverse-as-a-service...

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Table ronde autour de la thématique des NFT à l’occasion du Think Tech Summit qui s’est déroulé au Grand Rex à Paris le 28 mars 2022. Avec Jérôme DE TYCHEY, fondateur de Cometh et président d’Ethereum France et Gilles CADIGNAN, fondateur et président de Woleet. Modérateur : Jeanne Dusseuil

Given the total addressable market for digital on-chain transactions is far bigger than the current DeFi market size, worth around $200B, Grayscale said DeFi protocols powered by smart contracts are still being undervalued. The current capital markets alone are 500x more than the DeFi market, Grayscale outlined. In addition, NFT-associated transactions and Metaverse-related applications could critically drive up the value of base chains. American Cities Analogous to...

The price of bitcoin has jumped to its highest point this year and is currently trading for more than $47,000 per unit. The currency is beginning to show signs of life once again as the asset has surged by nearly $3,000 in just the past day. Bitcoin Is Beginning to Explode Again Bitcoin has had a rocky start to 2022. The world’s number one digital currency by market cap spent the first three months of the year meandering between the mid-$30,000 and the low $40,000 ranges...

Litecoin is eyeing an upside break above the $135 resistance against the US Dollar. LTC price is now trading above $122 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $128 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it manages to clear the $135 resistance zone. Litecoin price is gaining pace above $125 against the US Dollar, similar to bitcoin. LTC...