Author: NBTC
Ethereum (ETH) rose to a high of $2,758 before being pushed back. This is the fifth time Ether has tested the $2,800 resistance level. Ethereum price long-term analysis: bullish The largest altcoin has settled between $2,200 and $2,800. Today, Ether is dropping towards the moving average lines. The uptrend will continue if it retraces and stays above the moving average lines. However, the urge to sell Ether will continue if the bear breaks below these lines. The altcoin will crash and regain its previous low above $2,300. At the time of writing, the altcoin is valued at $2,645. Analysis of…
XRP whales are not backing down amid the continuous sideways movement from the Ripple-associated coin. Despite the stagnant market growth and lackluster performance in the past few weeks, large investors are still showing confidence in XRP. The buying trend is consistent, as these whales have been buying the dips. Earlier today, crypto tracking service Whale Alert reported a huge XRP purchase by a potential whale. It was revealed that a whopping 30 million coins were transferred from crypto trading platforms to an unknown wallet. The total value of these coins, according to the current XRP price, is estimated to be…
Gaming giant Ubisoft—the publisher behind such franchises as Assassin’s Creed and Just Dance—launched its first original NFT game called Champions Tactics: Grimoria Chronicles on Wednesday. Built around optional NFTs minted on blockchain gaming network Oasys, Champions Tactics is a free-to-play PC game available through the Ubisoft Connect platform. The tactical strategy game challenges players to select teams of fantasy-themed digital figures and then enter battle against other online opponents in turn-based combat. Anyone can download and play the game for free using the provided “ethereal champions,” or non-NFT warriors, which can be used in unranked play and also a limited…
The “unparalleled” nature of Partisia Blockchain’s “provenance and depth of experience” makes it uniquely placed to solve the problem of data privacy in public blockchains, Adrienne Youngman, CEO of Partisia Blockchain Foundation told CoinDesk in an interview on Tuesday. Privacy has been a weakness for public blockchains for years causing enterprises and institutions to be reluctant in using the technology to solve real world problems because it reveals sensitive data. Earlier this year, crypto analytics platform Arkham’s CEO Miguel Morel said “Publicly available blockchains are probably the worst possible way of keeping one’s private information private.” Partisia says it offers…
Samson Mow, the vocal Bitcoin proponent and CEO of the Bitcoin adoption-focused JAN3 company, has published a post to respond to those crypto community members who have been labeling his constant $1 million BTC predictions as “dangerous.” Commenting on those “alerts”, Mow tweeted: “What’s with people commenting that my $1.0M #Bitcoin call is dangerous? LOL!” Like what’s the danger? Someone might buy a few less plastic trinkets and stack more sats? Or someone might mortgage their house to go all-in? 🤷 — Samson Mow (@Excellion) September 11, 2024 In the comment thread, the JAN3 boss added that the “danger” is…
Ethereum (ETH) trades above $2,600 after a 5% retrace from local highs around $2,750. Over the past two weeks, ETH has maintained a bullish trajectory, sparking optimism across the market as investors look for further signs of strength in the price action. Top analyst and investor Carl Runefelt recently shared a technical analysis, highlighting that Ethereum has broken out of a bullish pattern that began forming in early August. According to Runefelt, once ETH confirms solid demand around its current level, it’s only a matter of days before the next rally kicks off. With the broader crypto market gaining momentum,…
DWF Labs, a prominent crypto venture capital firm and market maker, is set to launch its synthetic stablecoin between Q4 2024 and Q1 2025, said Andrei Grachev, Managing Partner at DWF Labs, in a recent statement. Crystallizing product details for @DWFLabs synthetic stable coin:Launch Q4 2024 – Q1 2025Expected APY:– Stables: ~12%– BTC/ETH: ~15%– Blue chips: ~17%– Long Tail alts: ~19%Omnichain mint / redeemWhitelisted ~500m$ TVL commitments from our partners and friends We BUIDL — Andrei Grachev (@ag_dwf) September 24, 2024 Grachev also revealed that the stablecoin is expected to offer an annual percentage yield (APY) of 12%, with higher…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In the famous opening scene of Blade Runner, a character named Holden administers a fictional interpretation of the Turing test to gauge if Leon is a replicant (a humanoid robot). For the test, Holden tells Leon a story to elicit an emotional reaction. “You’re in a desert, walking along in the sand, when all of a sudden you look down…you look down and see a tortoise, Leon. It’s crawling toward you…” As Holden keeps telling this hypothetical…
Ethereum price traded near $2,600 as crypto experienced a brief lull. A CryptoQuant analyst says ETH could witness a short squeeze, but points to $2.7k as key resistance. Ethereum traded to near $2,750 on Monday, Oct. 21, rising amid broader gains for the crypto market as Bitcoin shot past $69,000. However, with BTC dipping, the ETH price followed suit and tested support near $2,600 on Oct. 22. The price of Ethereum has returned above $2,620, and a CryptoQuant analyst says the top altcoin could see a short squeeze scenario. According to Shayan B, this outlook results from the rising leverage.…
NEAR’s sharding implementation enables true blockchain scalability without sacrificing decentralization, setting a new standard. Unlike Ethereum, NEAR’s innovative approach combines shards efficiently, eliminating bottlenecks and enhancing performance. With perfect interoperability, NEAR’s sharding solves composability issues, pushing the boundaries of what blockchain can achieve. NEAR Protocol has implemented sharding, marking a milestone in blockchain technology. This breakthrough solves the blockchain trilemma by offering scalability without compromising decentralization. 1/9) NEAR has finally implemented sharding!The holy grail of blockchain scaling, solving the blockchain trilemma once & for allStateless validation was the last missing piece of the puzzleGiving us massive capacity without sacrificing decentralization,…