Intel – the world’s second-largest semiconductor chip manufacturer – appears to be planning a Bitcoin mining chip reveal. At this year’s ISSCC conference, the organization has a presentation scheduled under the “Highlighted Chip Releases” category to showcase a “Bonanza Mine” processor. The Bonanza Mine Processor As reported by Tom’s Hardware, Intel describes the chip as an “ultra-low-voltage energy-efficient Bitcoin mining ASIC”. An ASIC is an application-specific integrated...
Read More »OlympusDAO Establishes OHM as a Liquid Asset within the Balancer Ecosystem
The decentralized finance protocol OlympusDAO collaborated with Balancer to set up OHM as a liquid asset within the latter’s network. CopperLaunch and PrimeDAO will facilitate the front end of the Liquidity Bootstrapping Pools (LBPs) by adding OHM as a collateral token. The Specifics of The Project According to a document seen by CryptoPotato, the decentralized reserve currency protocol – OlympusDAO – will initially deploy $50 million of liquidity to Balancer Protocol. The...
Read More »New York Eric Adams: Bürgermeister will Gehalt in Bitcoin
Charging Bull, auch als Wall Street Bull oder Bowling Green Bull bezeichnet, ist eine Bronzestatue von Arturo Di Modica (* 1941), die im Bowling Green Park im Financial District in Manhattan, New York City steht. Sie wurde ursprünglich als Streetart aufgestellt. New York soll Hauptstadt der Kryptowährungen werden. Der neue Bürgermeister ist bullish eingestellt. Der neue New Yorker Bürgermeister Eric Adams möchte die US-Metropole langfristig zu einer...
Read More »Bitcoin and Ethereum Prices Drop Further, Is Multi-Week Bear Market around the Corner?
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Read More »Ethereum Price Analysis: ETH Could Slide Below $3K
Ethereum price started a fresh decline from the $3,400 resistance against the US Dollar. ETH price is now trading below $3,300 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $3,300 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down below the $3,200 support zone. Ethereum price is struggling below $3,300 against the US Dollar. ETH/USD remains at a risk of a sharp decline if...
Read More »LBank Exchange Will List Clifford Inu (CLIFF) on January 20, 2022
INTERNET CITY, DUBAI, Jan. 17, 2022 – LBank Exchange, a global digital asset trading platform, will list Clifford Inu (CLIFF) on January 20, 2022. For all users of LBank Exchange, the CLIFF/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on January 20, 2022. As a highly deflationary token on the Ethereum blockchain, Clifford Inu (CLIFF) never stops growing through the use of true deflationary techniques and further income generation for the...
Read More »OpenSea Scores ATH of $3.5B in Monthly Ethereum Trading Volume
The popular NFT auction marketplace, OpenSea, has surpassed the $3.5 billion mark in monthly Ethereum trading volume. OpenSea Hits New High According to the latest chart by Dune Analytics on January 17, OpenSea has already clocked in $3.52 billion in terms of monthly Ethereum trading volume, even with two more weeks to go until the conclusion of this month. The platform’s daily trading volume has oscillated between $169-$261 million throughout January. With the latest...
Read More »On-Chain Data Shows Number of ETH Holders At All-Time High
The number of Ethereum addresses holding ETH is at an all-time high. Meanwhile, transaction count on the network remains near record highs, showing that user activity continues to grow. According to on-chain data, Ethereum addresses holding a balance now total over 68.26 million. This number seldom declined despite a rocky price history last year, maintaining steady growth besides the June to August period. Transactions are also trending upward, with the number of daily ETH...
Read More »Bank of America Has High Hopes for Solana
Solana has caught the attention of Bank of America. In a recent statement, the financial giant stated that it feels Solana has what it takes to become the “Visa” of the cryptocurrency space. There’s a Lot of Hype Surrounding Solana The words came from the bank’s digital asset strategist Alkesh Shah, who clearly has high hopes for the altcoin. One of the main reasons for this thought is that Solana is one of several digital assets this week to experience great recovery....
Read More »Ethereum Price Analysis: ETH’s Sideways Chop at $3.3K Continues as Market Remains Indecisive
Key Support levels: $3,000, $2,750 Key Resistance levels: $3,600, $4,000 ETH has been in a flat trend around the $3,300 level for some time now, unable to rally or go much lower. A strange equilibrium between market forces has kept the cryptocurrency at this level for the past week. The support at $3,000 has not been retested, nor was the resistance at $3,600 put under any pressure. The result is a sideways price action that shows indecision. Chart by TradingViewTechnical...
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