Biggest Movers: SHIB 20% Higher, as DOGE Hits 5-Month High

Meme coins were trading significantly higher on Saturday, as both shiba inu and dogecoin rose by over 20%. Shiba inu rallied to a six-week high in today’s session, as the token broke out of a key resistance level. Dogecoin extended recent gains, climbing to a five-month high in the process. Shiba Inu (SHIB) Shiba inu …

Bitcoin, Ethereum Technical Analysis: BTC Nears $21,000, ETH Above $1,640 on Saturday

Bitcoin was back in the green on Saturday, as bulls returned to cryptocurrency markets to start the weekend. The token moved closer to a peak of $21,000, rebounding from Friday’s sell-off in the process. Ethereum was also higher in today’s session, climbing by nearly 10%. Bitcoin Bitcoin (BTC) rebounded from Friday’s sell-off in today’s session, …

Cosmos-Based Altcoin Surges by More Than 20% After Binance Innovation Zone Listing

Binance is sending a Cosmos (ATOM)-based altcoin surging after the exchange listed the asset in its “Innovation Zone” on Thursday. Binance rolled out trading services for Osmosis (OSMO), an automated market maker (AMM) protocol built on the Cosmos software development kit (SDK) that aims to enable cross-chain transactions by utilizing inter-blockchain communication (IBC). Explains the …

Flare Network Enters Beta Mode As XRP Holders Await Long-Delayed Spark (FLR) Token Giveaway

Flare is officially entering beta mode as XRP holders continue to await its long-delayed Spark (FLR) token airdrop. Flare announced via Twitter on Friday morning that it had surpassed its “decentralization threshold.” The network now has 20 validators on its mainnet, only four of which are run by the Flare Foundation. The 16 others are …

Bitcoin metric warns of $21K profit-taking as decade-old BTC wakes up

Bitcoin (BTC) asleep for up to a decade is waking up this week as BTC price action sees six-week highs. Data from on-chain analytics firm Glassnode shows some of the oldest “dormant” Bitcoin returning to circulation. BTC trends out of hibernation As BTC/USD stages something of a comeback in the second half of October, hodlers …

How to earn passive crypto income with Ethereum?

The cryptocurrency market is incredibly volatile, which can be both good and bad for investors and traders. Volatility creates opportunities for making profits, but it can also lead to losses. Passive income strategies, however, could be handy in offsetting these losses.  Passive income strategies offer investors and traders opportunities to earn profits, even during challenging …

Reddit’s Collectible NFT Avatars Are Generating Massive Hype

At least 2.5 million Reddit Vault wallets now hold the social media platform’s non-fungible token-based avatars. Reddit NFTs have attracted massive attention toward the end of October, as user statistics have risen dramatically in the months leading up to that date. Users are highly interested in Reddit’s NFT avatars, according to statements from Reddit Chief …

Top Crypto Trader Updates Outlook on Dogecoin, Ethereum and One Altcoin That’s Exploded 70% This Month

A closely followed analyst is updating his forecast on Dogecoin (DOGE), Ethereum (ETH) and one altcoin that has outperformed the crypto markets at large this month. Pseudonymous crypto analyst Altcoin Sherpa tells his 185,600 Twitter followers that he thinks Dogecoin’s price rise remains strong due to the effect of Elon Musk buying Twitter. “Shrugged off …

Metaverse schooling to help Japanese city combat growing absenteeism

The Japanese city of Toda, Saitama, adopted a metaverse-schooling service to encourage students — especially those staying far away from school — to attend their classes.  The metaverse schooling service opted for by the city of Toda allows students to explore the campus and study in virtual classrooms. However, the students must get approval from …

Bitcoin hits new 6-week high as Ethereum liquidates $240M more shorts

Bitcoin (BTC) attempted to retake $21,000 on Oct. 29 as weekend trading began on a strong footing. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar lurks as BTC price rebounds Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it rebounded overnight to local highs of $21,078 on Bitstamp — enough to clinch new …

The Merge brings down Ethereum’s network power consumption by over 99.9%

The Merge, which is considered one of the most significant blockchain upgrades on Ethereum (ETH) to date, brought down the network’s energy consumption by 99.9% immediately. On Sept. 15, the Ethereum blockchain migrated from proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism in an effort to transition into a green blockchain. What followed was an …

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