[ad_1] Bitcoin, the leading cryptocurrency, has recently shown signs of recovery after a period of consolidation. Over the past few weeks, BTC’s price action has begun to push higher, suggesting the possibility of a rally that could propel the cryptocurrency toward the much-anticipated $100,000 mark. This movement has sparked renewed optimism among investors, as a significant price surge could bring considerable profits to those holding Bitcoin. Bitcoin Investors Are Eager For Profits The MVRV (Market Value to Realized Value) ratio has recently bounced off the mean line of 1.74, which is historically a strong point of confidence for Bitcoin. When…
Author: NBTC
[ad_1] This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Over the past few months, people involved in Solana DeFi have been asking questions about SolFi, a DEX that sprang up in November and almost immediately captured over 20% market share on swaps between stablecoins and SOL. SolFi was able to quote better prices than competitors, but at least one business partner I spoke to didn’t know who was behind the new exchange before today. In general, few seemed to be in the loop as to how SolFi was achieving such good prices. Today, Ellipsis Labs…
[ad_1] The BNB Chain has officially completed the Lorentz mainnet hard fork, marking a significant technical leap forward for both BNB Smart Chain (BSC) and OpBNB. With the upgrade, the network reduces BSC block times to 1.5 seconds, while OpBNB now boasts 0.5-second blocks. This makes it one of the fastest Layer-2 (L2) networks. BNB Chain Completes Lorentz Hard Fork The Lorentz upgrade is expected to significantly improve transaction confirmation speed, enable more responsive decentralized applications (dApps), and enhance the overall user experience. “Welcome everyone to experience a faster and smoother BNB Chain,” the network stated. The Lorentz upgrade builds…
[ad_1] Claynosaurz, an NFT-driven entertainment brand that first set up shop on Solana, is expanding to a second blockchain: Sui. The announcement came during Token2049’s Sui Basecamp event, where Claynosaurz CEO Andrew Pelekis outlined how the team is setting its sights on a broader frontier for interactive digital IP—starting with a series of upcoming launches tied to collectibles, gaming, and community engagement. The expansion builds on a March reveal that Claynosaurz would use Walrus Protocol—a decentralized storage platform built by core contributors to Sui—as its backend infrastructure of choice. With this foundation in place, Claynosaurz is gearing up to introduce…
[ad_1] Ripple’s XRP could become the solution banks rely on during a financial crisis, says Black Swan CEO. Ripple’s fast and efficient technology may be key to keeping money flowing in troubled times. Aljarrah believes XRP’s true value is much higher, predicting a future price between $100 and $1,000. Big financial trouble could be coming, and many believe banks already see it coming. Some experts think a crisis could break the system, and when that happens, one digital asset might be the solution — Ripple’s XRP. Versan Aljarrah, CEO of Black Swan Capitalist, believes every bank will eventually rely on…
[ad_1] Bitcoin’s lack of movement lately isn’t unusual as price action is trapped within a tight lower time frame trading channel. Until either support or resistance is broken with strong volume, expect continued chop, indecision, and frustrating fakeouts for both bulls and bears. Since April 23rd, Bitcoin (BTC) has been locked in a sideways range between $91,610 support and $95,700 resistance. This range has acted as a short-term zone of price acceptance, and BTC has failed to build momentum beyond either boundary. As long as this structure holds, the market will continue to coil within it, trading between predictable levels…
[ad_1] Cardano founder Charles Hoskinson has blown hot on the negativity around the crypto ecosystem, insisting that enthusiasts focus on the wrong things. Hoskinson has always been vocal about the constant abuse he and the Cardano ecosystem face, despite the numerous achievements they have made. Speaking in a recent podcast with Gokhshtein Media, he insisted that it is difficult to win in the crypto space, citing the intense negativity among users of the technology. Users Focused on Price Over Innovation The Cardano founder highlighted the impressive feat that the Cardano ecosystem has achieved in the past decade. He noted that…
[ad_1] IntroductionReal estate is an energy-intensive industry. During construction, significant energy resources are required for operating heavy machinery and equipment, as well as producing materials like cement and steel. Once constructed, buildings continue to demand substantial energy for various functions. For instance, residential properties require consistent heating, cooling, and lighting, while commercial properties like hotels, malls and stadiums have additional energy needs for climate control, complex lighting systems, high-capacity HVAC systems and require energy for powering amenities such as elevators, escalators, and restrooms. Agricultural facilities and stables often use energy-intensive systems for irrigation and equipment operation. This persistent demand for…
[ad_1] This article is based on research and analysis originally presented by Matt Crosby of Bitcoin Magazine Pro. Bitcoin has made waves in recent weeks, with the bitcoin price surging past $95,000 and currently sitting at $95,187 after months of lackluster performance. For many traders and investors, this shift marks the return of the bull market that’s been long-awaited. The question on everyone’s mind: Can Bitcoin finally break its previous all-time high of $108,000, or is this just another fleeting rally? In this article, we’ll examine the factors driving Bitcoin’s recent momentum, dive into the technical and on-chain data, and…
[ad_1] Although April brought modest gains to the broader crypto economy, data reveals a continued descent in non-fungible token (NFT) sales, which contracted by 39.62% over the past 30 days. Ethereum retained its status as the leading blockchain by NFT sales volume, yet its figures receded by 44.86% compared with the previous month. NFT Sector Pummeled: Ethereum, Polygon, and Bitcoin Post Steep Declines Non-fungible token (NFT) sales continue to erode, with $388.77 million in transactions finalized throughout April—a drop of 39.62% compared with March. Stats from cryptoslam.io show participation dwindled on both ends: buyers fell by 48.46%, while sellers declined…