Cryptocurrency market intelligence platform Santiment is revealing bullish prospects for the second-largest crypto asset by value. In a new blog post, Santiment says that the Market Value to Realized Value (MVRV) metric of Ethereum (ETH) over the past seven days (7D) shows that ETH is near the “opportunity zone” where typically the price bottoms out. …
Monthly archives: April 2022
What is ICE Poker, the game underpinning Decentral Games?
Interest in the metaverse continues to rise, with Footprint Analytics data indicating that metaverse projects received the third most investments in the blockchain industry after games and tools. Decentral Games is one of these projects, having grown significantly since last December while receiving several rounds of funding, including a strategic investment from Decentraland. It has …
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Shiba Inu Burn Rate Hits 26,000% in the Last Day, 1.4 Billion SHIB Destroyed in 24 Hours
On Saturday, the second-largest meme-based cryptocurrency shiba inu has seen a lot of tokens burned during the last 24 hours. According to statistics, the network’s burn rate has increased by 26,592% as 1.4 billion SHIB has been destroyed. Shiba Inu Burn Rate Increases Significantly On February 22, a SHIB team member named “Archangel” revealed that …
Biggest Movers: XMR Climbs to 4-Month High, NEAR Drops 10% Following Recent Gains
Following a gain of over 25% on Friday, NEAR dropped by over 10% to start the weekend, while XMR rose to a four-month high. The move in NEAR comes as traders look to be taking profits from recent highs, and as market uncertainty remains high. Near Protocol (NEAR) After being Friday’s biggest gainer, climbing by …
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Ethereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge
While the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system, the network’s hashrate reached an all-time high (ATH) on April 7, 2022. On Thursday, Ethereum’s hashrate reached a high of 1.131 petahash per second (PH/s), jumping 13% in 89 days. Ethereum’s Hashrate Climbs 13% Higher …
Bitcoin, Ethereum Technical Analysis: Bitcoin Trades Near Key Support Level to Start the Weekend
Bitcoin was trading close to its long-term support level during Saturday’s session, as the decline in crypto markets continued. The price of ETH was also lower to start the weekend, falling below $3,200 in the process. Bitcoin Cryptocurrency markets were down by over 2% on Saturday, with BTC falling by the same amount to start …
EU Designates ESMA as Crypto Regulator of the Region in Latest MiCA Draft
The Parliament of the EU has designated ESMA, the European Securities and Markets Authority, the top cryptocurrency regulator of the region in the latest draft of MiCA, the Markets in Crypto Assets regulation. The European organization would have the task of licensing crypto-related institutions and exchanges, putting national regulators under its authority. ESMA Gets Crypto …
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This Top-10 Altcoin’s Future Is Now ‘Even Brighter’ Amid Explosive Growth, Says Terra (LUNA) Co-Founder Do Kwon
Stablecoin-focused blockchain Terra (LUNA) co-founder Do Kwon is bullish on one Ethereum (ETH) competitor that he says is enjoying massive adoption. In a new tweetstorm, Kwon says that the smart contract-enabled blockchain Avalanche (AVAX) enjoys one of the highest levels of usage at the moment. “Today, none can deny that Avalanche is one of the …
Solana risks 35% price crash with SOL price chart ‘megaphone’ pattern
Solana (SOL) risks crashing 35% in the coming days as it comes closer to painting a so-called “megaphone” pattern. SOL price “megaphone” pattern In detail, megaphone setups consist of a minimum of lower lows and two higher highs and form during a period of high market volatility. But generally, these patterns consist of five consecutive …
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Seven times Bitcoin miners made the world a better place
What do a swimming pool, beef jerky, a caravan, timber, animal waste, a Guatemalan lake and a high school have in common? They’ve all been saved by Bitcoin (BTC) mining. From reusing “waste” heat to getting the job done — to receiving a cool blast of air to dehydrate meat, to cleaning up pollutants, Bitcoin …
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Bitcoin whales fill their bags despite warnings BTC price could fall below $40K
Bitcoin (BTC) headed toward $42,000 on April 9 after bulls failed to spark a late-week turnaround. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin lines up 10% weekly red candle Data from Cointelegraph Markets Pro and TradingView showed BTC/USD slowly dissolving support levels in place for several weeks as the weekend began. After multiple tests of …
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Bitcoin Price Prediction: BTC/USD Eyes $43,000 Resistance Level
Bitcoin Price Prediction – April 9 The Bitcoin price prediction shows that BTC bulls’ comeback is likely to send the price towards the resistance level of $44,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $48,000, $50,000, $52,000 Support Levels: $38,000, $36,000, $34,000 BTCUSD – Daily Chart Buy Bitcoin Now The daily chart …
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Near Protocol To Launch its Own Stablecoin $USN on April 20th
Summary: Near Protocol is set to launch its very own algorithmic stablecoin known as $USN The launch of USN will be in partnership with other well-capitalized stablecoins to offer attractive APYs in the Near ecosystem Near Protocol hopes USN will see the project reach the heights of Terra (LUNA) and its UST stablecoin Near (NEAR) …
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Axie Infinity Hacker has Laundered 7.5% of the Stolen Ethereum via Tornado Cash
Quick take: The hacker responsible for the $625 million exploit on the Ronin Network has so far laundered 7.5% of the stolen Ethereum through Tornado Cash $400 million of the stolen funds was owned by players of Axie Infinity Binance has invested $150 million into the parent company of Axie Infinity, Sky Mavis Sky Mavis …
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MetaVentures Phuket invites Web3 Enthusiasts and Futurists
MetaVentures Phuket is here with an event dedicated to The Metaverse, Digital Assets, and NFTs. So, all the web3 enthusiasts, fasten your seat belt for a fun-filled international summit. This conference will cover the most recent innovations in the fields of decentralized finance (DeFi), digital assets, various forms of Blockchains, DAOs, tokens, and regulatory compliances …
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