Author: NBTC
[ad_1] Shardeum has unveiled its mainnet after a testnet phase that attracted more than 1.4 million participants from across the globe, setting a new record for Layer 1 testnet validator nodes. According to the official press release sent to crypto.news, the EVM-based autoscaling network recently launched its mainnet after a month-long delay. Its testnet phase generated more than 171,000 physically-run public validator nodes, the highest number of validator nodes ever recorded on a Layer 1 testnet. The protocol’s mainnet is designed to solve the “scalability trilemma,” which essentially allows global users and developers to maintain decentralization, scalability, and affordability without…
[ad_1] Bitcoin has sustained strong momentum, rising from its mid-April level of $74,434 to nearly $97,232 at press time. A sharp 48.40% increase in 24-hour trading volume reflects growing investor interest and supports the potential for further gains. BTC tests vital price thresholds where $92,000 functions as a support level and $98,000 stands as resistance. A substantial rise above $98,000, backed by intensified trading volume, could propel Bitcoin towards reaching its primary psychological target at $100,000. Analyst Michael van de Poppe believes Bitcoin has established a price floor at yesterday’s lows, marking the end of a consolidation phase. He suggests…
[ad_1] Ethereum is under pressure after failing to break above the $1,874 high set on May 1st, a level that now acts as stiff resistance. As the broader crypto market begins to heat up, Ethereum remains stuck in a tight range, lacking the momentum to confirm a breakout. Currently trading just above $1,800, ETH sits at a critical level where bulls must step in to defend the structure and push the price higher. Despite several attempts, Ethereum has been unable to establish a clear direction, and market participants are growing cautious. The asset is still down over 55% from its…
[ad_1] Bitcoin soared above $97,000 after news that the US and China will resume tariff talks. At this point, the announcement of the meeting between the two countries improved investor confidence in the crypto market and increased major altcoins such as Ethereum (ETH), XRP, Cardano (ADA) and Dogecoin (DOGE), apart from Bitcoin. With the US-China trade war winding down, attention has turned to today’s FED decision, an important macro event that could determine Bitcoin’s short-term direction. After January, when the FED kept interest rates constant, dollar, gold, stock market and cryptocurrency investors are wondering when the first interest rate cut…
[ad_1] TL;DR EOS recorded a 16% increase in the last 24 hours, driven by the upcoming transformation of the token, which will be renamed $A on May 14. Vaulta will not only change the token’s name but will turn EOS into a Web3 ecosystem focused on digital banking. Despite the rally, EOS’s RSI indicates there’s still room for growth. The market doesn’t seem to have fully reacted to the change yet. EOS, a cryptocurrency that gained popularity after its ICO in 2018, has seen a sharp increase in value, rising 16% in the last 24 hours and reaching a price…
[ad_1] This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. New Hampshire has won the race among US states mulling laws to allow digital assets investments and/or create reserves. How quickly should we expect a wave of others to follow suit? Headed to Arizona Gov. Katie Hobbs’ desk, as of yesterday, was a law to establish a state treasurer-run “digital assets strategic reserve fund.” But Hobbs could veto this, given that she rejected a separate bill last week to allow a state public fund to invest up to 10% in “virtual currency holdings.” She called…
[ad_1] Movement Labs, which was delisted by Coinbase following allegations of manipulation and has been at the center of controversy recently, has put an end to the ongoing events. Following Coinbase’s delisting decision, Movement Labs announced that it had suspended its co-founder Rushi Manche due to the market manipulation scandal. Now, Movement Labs has announced that co-founder Rushi Manche has been terminated for inappropriate behavior. The altcoin team noted that further details regarding leadership changes and a revamped management structure will be shared in due course. “Movement Labs has removed Rushi Manche. Movement will continue under different leadership. Details regarding…
[ad_1] The Swiss Blockchain Federation, the Crypto Valley Association, and the Bitcoin Association Switzerland have jointly published a strategic manifesto aimed at consolidating and strengthening Switzerland’s role as a global hub for blockchain and financial innovation. The document, structured in a 12-point program, analyzes in depth the current situation, highlighting strengths and weaknesses of the Swiss financial center, and proposes concrete recommendations addressed to politicians, regulatory authorities, and sector players. Switzerland: a future-oriented strategy for crypto and blockchain technology The 12 proposals for a stronger blockchain ecosystem An initiative open to collaboration Switzerland: a future-oriented strategy for crypto and blockchain…
[ad_1] In a bold new step blending education and Bitcoin innovation, Lomond School has announced the launch of the Satoshi Scholarships, a first-of-its-kind Bitcoin-powered scholarship initiative, according to a press release sent to Bitcoin Magazine. The announcement comes alongside a strategic partnership with renowned economist Dr. Saifedean Ammous to develop an Austrian economics curriculum for students. The independent co-educational day and boarding school, already known as the first in the world to accept Bitcoin for tuition, is now offering 21 two-year boarding scholarships and 21 two-year day scholarships—fully covering the school’s prestigious International Baccalaureate (IB) programme. Each scholarship is designed…
[ad_1] Ethereum recently rejected from a key confluence zone, including the 0.618 Fibonacci level. With price back under the point of control, traders are watching closely for signs of a deeper move or a trap.Ethereum’s (ETH) price action has stalled at a technically significant region, the 0.618 Fibonacci retracement level, drawn from the most recent pivot high to low. This area is also reinforced by daily horizontal resistance and a descending VWAP, adding to its weight as a decision zone. After several failed attempts to push higher, ETH has now begun to roll over, trading back under the point of…