A popular crypto strategist and trader is saying that a massive rally is on the horizon for leading smart contract platform Ethereum (ETH). Crypto analyst Justin Bennett tells his 93,500 Twitter followers that Ethereum is now in “full beast mode” after breaking out of a bullish continuation pattern against Bitcoin (ETH/BTC). “Now above 0.082 BTC …
Yearly archives: 2021
Ethereum Challenger Terra Becomes Third-Largest Blockchain by Total Value Locked, Surpassing Solana and Avalanche
Decentralized finance (DeFi) platform Terra (LUNA) has surpassed its rival blockchains to become the third-largest crypto by total value locked (TVL). Crypto market intelligence firm Delphi Digital says that the Ethereum competitor has now overtaken Solana (SOL) and Avalanche (AVAX) in terms of TVL primarily due to value growth in Bonded Luna (bLuna), which is …
3 reasons why DeFiChain (DFI) price has gained 60% in December
Decentralized finance (DeFi) offers one of the most widely applicable use-cases for distributed ledger technology and today it is one of the main avenues for the wider adoption of blockchain technology. Last week, as the wider crypto market corrected and Bitcoin (BTC) dropped by 22%, DeFiChain (DFI) bucked the trend and rallied 76% to establish …
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Kickstarter plans to migrate to platform built on Celo blockchain
Crowdfunding platform Kickstarter will be launching a new company that will eventually see its website move to a blockchain-based system on Celo. In a Wednesday blog post, CEO Aziz Hasan and co-founder Perry Chen said Kickstarter would be developing an open-source protocol that will live on the Celo blockchain. The two execs cited the blockchain’s efforts in …
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Bitcoin Price Prediction: BTC/USD Couldn’t Accelerate Above $51,000 Resistance
Bitcoin Price Prediction – December 8 The Bitcoin price prediction is recovering from the recent low of $48,650 but bulls may have trouble taking the market price above $52,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $55,000, $57,000, $59,000 Support Levels: $45,000, $43,000, $41,000 BTCUSD – Daily Chart Buy Bitcoin Now At …
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Vitalik Buterin shares his “endgame” for Ethereum 2.0
Ethereum co-founder Vitalik Buterin revealed his vision for ETH 2.0 in a blog post this week titled “Endgame.” He spoke of developing trustlessness and censorship resistance to levels by his accepted standards. To achieve this, he laid out a “plausible roadmap,” with several surprises, including a proposed second-tier of staking using fewer network resources. The …
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Identifying promising crypto projects with startup mentor Roxana Nasoi
In this week’s Cryptonites interview, Managing Director at newly launched blockchain incubator Launchpool Labs, Roxana Nasoi, brings to the table over a decade-long experience in building companies in the digital economy space. This is another compelling episode you don’t want to miss, as the startup mentor shared her tips on what to pay attention to …
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Foundry Launches Bitcoin Mining Machine Marketplace, US Pool Becomes the World’s Largest Miner
The firm Foundry Digital announced on Wednesday that the business has launched a bitcoin mining rig marketplace called Foundryx. According to Foundry, the company has access to more than 40,000 mining machines that are ready for resale. In addition to the marketplace launch, the company’s mining operation, Foundry USA, has become the world’s largest bitcoin …
Label Foundation Has Announced an Official Deployment on Binance Smart Chain
press release PRESS RELEASE. Label Foundation has recently announced its readiness to deploy on the Binance Smart Chain, utilizing the cross-chain bridge that they have developed in cooperation with the Tokyo-based blockchain development company, Curvegrid. The deployment of the bridge pinpoints to the initiation of the Label’s integration into the Binance Smart Chain’s ecosystem. Label …
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Australia to Regulate Crypto Sector as Part of Payments Reform
The government of Australia is preparing to comprehensively regulate the activities of cryptocurrency exchanges and custodians. The push is part of a major overhaul, aimed at preserving the country’s sovereignty over its payments system, which will also affect providers like Apple and Google. Payment Laws in Australia to Cover Crypto Business and Big Tech Authorities …
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Video Game Giant Ubisoft Launches NFT Platform, Software Firm’s Blockchain-Tech Runs on Tezos
The French video game manufacturer based in Montreuil, Ubisoft Entertainment SA, has announced the company has launched a blockchain-based platform called Ubisoft Quartz. According to the company, the platform will enhance specific games with playable and energy-efficient non-fungible token (NFT) assets. Ubisoft Quartz Revealed For quite some time, video game companies have shown strong interest …
White House Plans To Review the Potential Role of Crypto Assets in Corruption, According to New Report
The White House is planning to probe the corruption risks associated with crypto assets, according to a recent report. The White House report titled the “United States Strategy on Countering Corruption” indicates the US government will continue to review the ways corruption contributes to “the risk posed by digital assets.” Explains the White House, “Advances …
Crypto Analyst Says Bottom Is In for Two Altcoins, Predicts V-Shaped Recovery for Bitcoin and Ethereum
A popular crypto analyst and trader says several crypto assets on his watch list have survived the recent market-wide pullback and are now primed to jump. In a series of tweets, the pseudonymous trader Credible Crypto looks at the charts to give his 278,000 followers an updated price forecast for XRP, Bitcoin (BTC), Curve DAO …
New Order Announces NEWO Token Sale Through Dutch Auction on MISO
December 8, 2021 – Toronto, Canada New Order, a community-driven venture DAO incubator for decentralized financial (DeFi) projects, announced the public sale of its governance token NEWO via a Dutch auction on MISO. New Order is putting 24 million NEWO tokens out of its total 800 million supply (3%) up for sale through the Dutch …
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$1.1B in Bitcoin options expire on Friday, but data points to a sub-$55K BTC price
Bitcoin (BTC) bulls are still licking their wounds from the bloody Dec. 4 correction, which saw the price collapse from $57,000 all the way to $42,000. This 26.5% downside move caused $850 million in long BTC futures contracts to be liquidated, but more importantly, it shifted the “Fear and Greed index” to its lowest level …