Author: NBTC
Ethereum price started a consolidation phase above the $3,650 support. ETH seems to be preparing for the next move up toward $4,000 in the near term. Ethereum started a consolidation after it tested the $3,840 resistance zone. The price is trading above $3,700 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with support at $3,690 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up unless there is a break below the $3,450 support. Ethereum Price Holds Support Ethereum price extended its increase above the $3,500 and $3,650…
Reports that the former CEO of nChain, Christen Ager-Hanssen, was sentenced to 10 months for the leaking of documents exposing Craig Wright have been confirmed. According to What The Finance (WTF), a judgment hearing took place on May 3 in the High Court as part of nChain Holding AG’s case against Ager-Hanssen. During the hearing, the judge established that Ager-Hanssen had broken multiple court orders requiring him to remove leaked documents from the public domain, reveal who received his documents, and give up various devices. The leaked document was reportedly the Fairway Brief, a collection of confidential information relating to…
The Japanese e-commerce giant Mercari has taken another step into the crypto sphere by launching Ethereum (ETH) trading services on its app. The Japanese media outlet CoinPost reported that the firm unveiled the service for Mercari users on May 21. Ethereum Nod for Japanese E-commerce Giant Mercari Mercari says it is Japan’s “biggest marketplace.” It operates a “flea market” platform in the same vein as firms like eBay. A man uses a smart courier machine to send a Mercari parcel. (Source: TBS News Dig Powered by JNN) In recent years, the firm has pivoted toward crypto. It has launched a…
Although zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any developmental complexity. Wisher, an early adopter of cryptocurrency, acknowledges that the industry is currently working to address usability concerns associated with ZK proofs. The Importance of Dialogue with Regulatory Bodies According to Wisher, the development of intuitive interfaces is one method being employed to ensure ZK technology is “seamlessly integrated and user-friendly.” However, he insists that efforts to simplify will not compromise enhanced privacy, scalability, and…
Amid a rekindling of Bitcoin development fervor, layer-2 network Stacks is looking to reinvent itself. As early as April 16, the major player in the Bitcoin L2 sector will kick off the release of its so-called Nakamoto upgrade, in the works for years – designed to dramatically increase the project’s speed. This article is part of CoinDesk’s “Future of Bitcoin” package published to coincide with the fourth Bitcoin “halving” in April 2024. It’s a defining moment for the blockchain project that has been in development for nearly half a decade, but officially launched its mainnet in 2021. In short: Stacks…
DMarket, a collection of in-game items on the Mythos network, led CryptoSlam’s non-fungible token (NFT) sales chart with US$857,829 on Thursday, up from the previous day’s US$710,928. Following closely behind, Guild of Guardians Avatars surged to the second spot on the day’s NFT leader’s board with US$825,172 in sales. The collection is tied to Immutable’s online game. Fantasy Top, a Blast collection that turns Crypto Twitter into an NFT game, takes the third spot with daily sales of US$611,135. Fantasy Top stays in the top three despite falling from US$1.04 million in the previous day to lead the market. Thursday’s…
LunaStorm has announced the launch of LunarChain to bring decentralized gaming experiences into its ecosystem in partnership with IOTA and HAVN, an interoperability network. It will be anchored on multi-utility and cross-chain interoperability, leveraging hybrid technology and offering cutting-edge speed, liquidity and security. LunarStorm, one of the most innovative Web3 gaming platforms, has announced the launch of LunarChain, an innovative blockchain solution targeting the Web3 gaming industry. The platform partnered with the IOTA Foundation and HAVN in its initiative. 📣 LunarStorm is launching LunarChain in collaboration with @HAVN_network to innovate with @iota and @shimmernet towards revolutionizing Web3 gaming with lightning-fast…
The Ramp Network has secured a virtual asset services providers (VASP) registration in Ireland. It plans to make Ireland its European headquarters and secure a license as a Crypto Asset Service Provider. The Irish subsidiary of U.K.-based crypto infrastructure firm Ramp Network has secured a virtual asset services providers (VASP) registration in Ireland, the company said in a press release on Thursday. The Ramp Network is a financial technology company building payment rails connecting crypto to the global financial system. This registration will enable its users to exchange fiat currencies for more than 100 crypto assets. The company wants to…
Alchemy Pay, a pioneering payment gateway, has announced a strategic partnership with Metis, the innovative Layer 2 blockchain platform powered by Ethereum. This collaboration is set to revolutionize the decentralized application space by integrating Alchemy Pay’s seamless On & Off-Ramp solution into the Metis ecosystem. This integration provides developers and users with a direct portal for efficient fiat-to-crypto transactions, enhancing the overall user experience and accessibility. The partnership further extends the utility of Metis’s native token, METIS, by incorporating it into Alchemy Pay’s on-ramp solutions. This move enables users to purchase METIS using various fiat currencies and local payment methods,…
The Ethereum faucets are online platforms that provide a small portion of Ether for free. In the history of Ethereum, these faucets allowed beginners on the network to test transactions and smart contracts for free. Consequently, Ethereum faucets have evolved as the blockchain landscape changes with new protocols and creative apps. It is no longer possible to consider Ethers as one of the basic tools for beginners in this growing environment. After all, they are crucial for promoting new decentralized applications (dApps) and user engagement in broader blockchain communities. This article explores how Ethereum faucets respond and grow within the…