Cryptocurrency Analysis and News Portal
The Ethereum layer 2 ecosystem is likely to continue evolving with diverse technological approaches, according to co-founder Vitalik Buterin.The co-founder of the smart contract blockchain unpacked the current landscape of Ethereum’s scaling ecosystem on his personal blog, with a number of layer 2 protocols differing in their approaches to bring
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Bitcoin’s (BTC) market dominance has reached 54%, its highest in the last 30 months, indicating the top cryptocurrency is strengthening just before the halving event scheduled for April 2024.The Bitcoin halving is an event in which the mining reward per block is halved, thus cutting the supply of the asset
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According to data gathered by Matrixport, a crypto services provider that is tracking the market, the expected payout for creditor claims against FTX has surged to an average of 37 cents on the dollar, its highest since the bankruptcy filing in late 2022, and up from just over 10 cents
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Ether nursed double-digit losses at the end of 12 months following the death cross confirmations dated April 11, 2018, Aug. 2, 2021 and Jan. 28, 2022. In other words, a trader holding a short for 12 months following the occurrence of these death cross would have made handsome returns. Source
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Litecoin’s third “halving event” – a programmed 50% reduction in the pace of new issuance of the cryptocurrency – is expected on Wednesday. Source
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Demox Labs has debuted a new wallet for the privacy-oriented Aleo blockchain network, according to a June 1 announcement. Called “Leo,” the wallet allows users to generate zero-knowledge (ZK) proofs within their browsers, letting them interact with Aleo’s ZK-based apps. Aleo is in its testnet phase but expects to launch
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Bitcoin (BTC) neared two-month lows on May 12 amid fears that a “head-and-shoulders” pattern would put bears ahead.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysis of BTC price: “Welcome to bearadise”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $26,100 on Bitstamp — its lowest since March 17.Despite encouraging macroeconomic
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The Sui Network is adjudged to be a protocol that makes digital asset ownership fast, private, secure, and accessible to everyone. American token launchpad and trading platform CoinList is set to list SUI, the native token of the much anticipated Sui Blockchain network. As announced by the trading platform, the listing
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Ronin Network’s native token RON recorded 5x gains since the start of the year thanks to its plans to shift to a Delegated Proof-of-Stake (DPoS) consensus mechanism and expand its gaming portfolio beyond Axie Infinity.The gaming-focused layer-2 Ethereum blockchain will change its current Proof-of-Authority to the DPoS consensus mechanism on
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ETH’s price slid 1.7% on Thursday, the day after reaching its nine-month high. The Ethereum upgrade is scheduled to occur April 12. Source
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