Participate and build on Avalanche with Coinbase Cloud

Coinbase Cloud provides web3 APIs, services, and infrastructure to power the next generation of software builders. As part of our vision to empower developers building the future of web3, we are launching a suite of blockchain infrastructure solutions and services for the growing Avalanche ecosystem. Avalanche is a high-speed smart contract platform with near-instant finality …

LUNA to Spike 80%? Here’s What Analysts Think

Terra’s LUNA has been trending to the downside in the past few days, but different indicators show interesting signs and the next price movements could be fundamental to confirm either an extremely bullish or a bearish signal. Related Reading | LUNA Sees 17% Loss In One Week, UST De-Peg Rumors Affect Its Price? What Is Boiling …

Why Ethereum Is Outperforming Bitcoin Again

Ethereum has been popular for its performance over the course of its lifetime. But even more impressive has been the way that the cryptocurrency has been performing against top rival Bitcoin. The latter which is the pioneer cryptocurrency has itself given investors massive returns. So the fact that Ethereum has outperformed it at every turn …

Why Has Bitcoin Futures Open Interest Flatlined? Factors

Bitcoin trends higher in the last few days as it approaches the mid area around its current levels. The benchmark crypto has seen some relief in the past days but seems unlikely to fully reclaim its previous bullish momentum. Related Reading | Data: Bitcoin Long-Term Holder Supply Has Stagnated Since October High At the time …

Data: Bitcoin Long-Term Holder Supply Has Stagnated Since October High

Data shows the Bitcoin long-term holder supply has mostly moved sideways since the high in October of last year. Bitcoin Long-Term Holder Supply Has Stagnated As Sell-Side Balances Buy-Side As per the latest weekly report from Glassnode, the BTC long-term holder accumulation seems to have stopped following the October high. The “long-term holder” (or LTH …

Ethereum Classic Gains 60% In One Week, Why The Merge Could Push Its Price Higher

Ethereum Classic moves to the upside and recorded impressive performance over the last week. ETC bulls have been making this push as Ethereum prepares for one of the most important events in its history, The Merge. Related Reading | Ethereum Whales Purchase Over $6 Million Worth Of APE Tokens Set to combined Ethereum’s Proof-of-Work execution layer …

Chip giant Qualcomm launches $100M Metaverse fund

Multinational software and microchip giant Qualcomm Incorporated has launched a $100 million Metaverse fund to back extended reality (XR), artificial intelligence (AI), and augmented reality (AR) tech companies.  Extended reality, or XR, refers to the combination of smartphones along with AR and VR technology such as headsets and glasses. The investment project is dubbed the …

Coinbase Cloud launches Avalanche developer tools suite

Web3 developer hub Coinbase Cloud has added a suite of tools to support development on the Avalanche blockchain and smart contract platform. As part of the new support features, Coinbase Cloud is running an Avalanche (AVAX) public validator node. This allows Avalanche network participants to stake their AVAX tokens with Coinbase Cloud and delegate power …

Tether (USDT) Is Hinting at Big Moves Coming for Crypto, According to Analytics Firm – Here’s Why

A leading crypto analytics firm says that surging Tether (USDT) activity could mean big price movement on the horizon for the overall crypto markets. In a new tweet, Santiment notes that last Thursday and Saturday were the two largest days of 2022 in terms of USDT active addresses interacting on the network. Source: Santiment/Twitter According to …

$43K BTC flipping support? Not anytime soon, according to derivative metrics

Bitcoin (BTC) showed strength on March 22, posting a 5% gain and testing the $43,000 resistance. The move liquidated over $150 million worth of leverage short positions, those betting on a declining price using futures contracts. Some Twitter analysts attribute the price improvement to the Do Kwon, the co-founder of blockchain protocol Terra. During a …

4 reasons why Ethereum is surging as the price climbs over $3,000

The macroeconomic and geopolitical environment surrounding crypto and the whole global economy has had its impact on the price action of cryptocurrencies in general, with the war in Ukraine as the overarching geopolitical disaster moving energy and commodities prices to dangerously high levels. However, In the United States, the Federal Reserve’s FOMC (Federal Open Market …

Winklevoss’ Gemini Payments obtains e-money operator license in Ireland

Gemini Payments, an affiliate entity of crypto exchange Gemini led by billionaire investor twins Cameron and Tyler Winklevoss, has been granted an electronic money (e-money) operator license by the Central bank of Ireland. According to the regulator’s records, the corresponding application was approved on March 14, allowing Gemini Payments Limited “to issue e-money in accordance …

Yuga Labs secures a16z board member, $450 million and reached a $4 billion valuation

Yuga Labs have been keeping the headlines busy for the last couple of weeks. After acquiring two new NFT collections, BAYC creators also announced their plans to build a new game-based metaverse. Today, Yuga Labs announced that they collected $450 million at their seed funding. Andreessen Horowitz’s a16z crypto fund led the round. Game studio …

Ethereum, buoyed by Merge upgrade, is currently outperforming Bitcoin

The promise of migration to a Proof of Stake network for Ethereum is positively affecting its price performance. For the first time in two weeks, ETH has crossed the $3,000 barrier and is now outperforming Bitcoin. While the talks of the transition have been going on for a long time, recent developments on the networks …

Crypto.com becomes the official sponsor of the FIFA World Cup in Qatar

FIFA has announced that Crypto.com will be an official sponsor of the FIFA World Cup Qatar 2022™. The hugely popular crypto platform is looking to tap into the huge viewership of the World Cup after establishing numerous high-profile partnerships in basketball, MMA, motorsport, and ice hockey. Crypto.com conquers yet another major sports market Crypto.com entered …

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