Author: NBTC
Founded in 2018, Starkware is an innovative company specializing in developing cryptographic-proof systems utilizing ZK-STARK technology. They design innovative solutions to increase blockchains’ scalability, security, and privacy. Starkware aims to build a faster, safer Ethereum layer-2 blockchain using ZK-STARK technology. Cairo, the company’s programming language, was launched in 2020. The launch was a key milestone in the company’s development. In June 2020, StarkWare introduced its first technology. It is the StarkEx, a scaling engine made in-house and used on Ethereum. Later, in November 2021, StarkNet’s Alpha was released on Mainnet. This expanded the company’s presence in the blockchain space. StarkWare:…
Bitcoin’s (BTC) price volatility continues to challenge investors. Early Monday, it fell to $54,200, negating gains from a peak of roughly $58,500 over the weekend. The last few hours have been particularly turbulent, with significant fluctuations and liquidations characterizing the market. Bitcoin Causes Liquidations of Over $100 Million in the Last 4 Hours Despite a promising attempt at recovery on Sunday, Bitcoin faced stiff resistance that led to a sharp decline. Within just four hours, the market experienced liquidations totaling $113 million, comprising $70 million from long positions and $42.64 million from short positions. Overall, nearly $250 million worth of…
The price of Ethereum (ETH) is on the verge of entering the positive trend zone. On July 15, the altcoin rose to a high of $3,500 before being rejected. Long-term analysis of the Ethereum price: bearish Buyers failed to sustain the bullish momentum above the 50-day SMA resistance and the $3,500 high. Today, the bulls are desperately trying to break the barrier at the recent high. On the upside, Ether will hit a high of $3,730 if buyers keep the price above the $3,500 resistance. If the largest altcoin fails to break above the recent resistance, we could see a…
The prominent Reddit community Superstonk is still abuzz with GameStop stock hype. But in Roaring Kitty’s recent absence, its users’ bold predictions are falling short, becoming a subject of ridicule for many posters. Predicting when GameStop’s share price could surge at a breakneck pace, several popular posts have penciled in pumps on specific days. While some of them have been nixed by Superstonk’s community moderators, the topic has become a running joke among its members. A price prediction, for example, stated that GameStop’s share price “will multiply” on Wednesday, pushing past $67 per share. It re-emerged after a user posted…
Events such as increased token burns, greater adoption and demand, and ecosystem development could see Shiba Inu target $0.001. Despite the prevalent market uncertainty, Shiba Inu (SHIB) has been at the center of several speculative price projections. One such projection sees it reaching $0.001, a massive growth from here. Bitcoin investor Armando Pantoja predicted in April that SHIB could hit the $0.001 mark this year. Currently priced at $0.00002568, Shiba Inu would need a substantial surge of approximately 3,794% to reach $0.001. Amid the growing speculation, we queried OpenAI’s ChatGPT on some factors that could make such a price possible.…
German derivatives exchange Eurex has announced the expansion of its portfolio, listing Ethereum-based futures and options index. Eurex Exchange, a German derivatives exchange known for trading European-based derivatives, has announced the listing of Ethereum-based index products, citing a “significant trading and hedging demand from institutional and professional customers.” In a Thursday announcement, the Deutsche Börse-backed derivatives exchange unveiled that its new product, FTSE Ethereum Index Futures and Options, is set to launch on Aug. 12, following the 2023 introduction of FTSE Bitcoin Index Futures and Options. “There is significant trading and hedging demand from institutional and professional customers, as reflected…
Session, the encrypted messaging app, has introduced a testnet incentive program as it prepares to launch its new utility token, the ‘Session Token’.—This program invites loyal community members to test the new Session Network, now transitioning from the Oxen blockchain to the Arbitrum blockchain, and help identify and fix any issues before the Session Token’s public release. The next-generation Session Network is designed to enhance the functionality and security of Session’s decentralized messaging platform.Starting July 16, eligible community members can stake testnet Session Nodes using test tokens in the Staking Portal. Only community members are eligible to participate in this…
Bitcoin and crypto prices today regained bearish market momentum following significant gains seen over the weekend. At this point, Bitcoin (BTC) stalled above $55,000 after falling to $54,300 levels, while Ethereum (ETH), Solana (SOL), XRP and the broader market also followed the decline. ETH and the largest altcoin prices fell between 5% and 8%, while only Notcoin (NOT) and Starknet (STRK) experienced small gains. On the other hand, PEPE became the crypto that lost the most with a decrease of 11.1% in the last 24 hours, followed by Jupiter (JUP) and Dogwifhat (WIF). According to Coinglass data, while leveraged positions…
Major crypto investors, or whales, have started to accumulate Ethereum (ETH) in large numbers. This trend emerged over this past week as the ETH price managed to rebound after the crypto crash. This bullish sentiment on the market signals a sustained rebound from the leading altcoin. According to the latest data from IntoTheBlock, Ethereum has witnessed massive exchange outflows. Around $126 million worth of ETH has been withdrawn from crypto exchanges this week. This means that the Ethereum whales bought huge amounts of coins during this time. Notably, this strong accumulation trend comes ahead of the potential spot Ethereum ETF…
Ryan Selkis, founder and CEO of crypto data platform Messari, rarely if ever holds back on social media, regularly lobbing insults via X (formerly Twitter) at Gary Gensler’s Securities and Exchange Commission and others. Still, his tirades this week after an assassin’s bullet grazed Donald Trump stood out, even for Selkis. And colleagues at Messari, which has financial backing from major firms such as Mike Novogratz’s Galaxy Digital and hedge-fund titan Brevan Howard and was reportedly once valued at $300 million, apparently asked him to cool it. “Just had a terrific ‘tough love’ session with Messari leadership, and I can’t…