Blockchain Gaming Association’s fourth annual survey showed growth in the C-suite, but other demographics appear to be slipping.
Xaman’s spike in user activity reflects a renewed interest in the XRPL ecosystem amid the ongoing XRP rally and anticipation of the RLUSD stablecoin launch.
Solana’s investor base is demonstrating unwavering confidence as the network sees a shift in the profile of its long-term holders. According to on-chain data from Glassnode, many more Solana addresses are moving into the long-term holder base, which showcases strong conviction from investors who entered the market during the recent 2024 rally. Related Reading: Expert […]
Bitcoin miners are emerging as dynamic energy buyers, using sophisticated strategies to adjust their energy consumption based on supply and demand.
The Ethereum network has recently witnessed a resurgence in activity, with new wallet addresses hitting an eight-month high. On-chain data shows that an average of 130,200 new Ethereum addresses are being created daily in December, a level of network activity not seen since April. Related Reading: Crypto Meets Royalty: Bahrain Crown Prince Accepts 1st Crypto.com […]
Tony Paquette will reportedly assume the chief financial officer position as Alex Loffe transitions into a new role.
Decentralized identity systems leverage blockchain technology to establish a secure, user-centric framework for managing identities.
Blockchain is the key to unlocking a scalable, ethical, and user-focused AI economy, addressing critical barriers like resource demands, ethical concerns, and proof of humanhood.
The locked-token sale saw participation from more than 40 companies.
Max Resnick, a reputable Ethereum expert, has taken a bold shift to the Solana blockchain. The change follows his departure from Consensys, where he played an important role in advancing Ethereum’s ecosystem. Given Resnick’s strong ties to Ethereum and growing enthusiasm for Solana, this unexpected decision has sparked debate in the cryptocurrency community. Related Reading: Bitcoin Bet For Amazon? 5% Stake Proposal Raises Eyebrows Resnick wrote a blog post outlining his motivation for joining Solana, emphasizing his wish to become knowledgeable about the protocol’s main components, including consensus processes and fee markets. He clarified, “I want to get up to speed on the implementation details as soon as possible,” adding that his work might open the door for others to eventually help Solana flourish. Last week was my last week at Consensys. Today is my first day at @anza_xyz. I’m taking my talents to Solana. In my first 100 days, I plan on writing a spec for as much of the Solana protocol as I can get to, prioritizing fee markets and consensus implementations where I… — Max Resnick (@MaxResnick1) December 9, 2024 Focus On Collaboration And Innovation Resnick’s decision was not solely about Solana’s technology; he also emphasized the important work of Anza, a Solana-focused R&D firm. He applauded Anza’s behind-the-scenes efforts, namely its contributions to network enhancements. “Those of you in Eth land may not have heard much from them, but they’ve been quietly shipping major improvements to the network over the past year,” Resnick pointed out. Resnick hasn’t completely given up Ethereum despite his transformation. Working as a Research Fellow at Consensys, he will keep providing advise and support. Resnick’s dual function suggests that he aims to cross knowledge between two important blockchain environments, therefore benefiting both communities over time. Solana Price Momentum Positive confidence has helped Solana’s market performance to progressively get better. SOL has risen 5.9%, to $225 within the past 24 hours. The altcoin has surged sharply since early November, surpassing levels of crucial resistance. SOL’s value jumped 215% during the past year, suggesting rising investor confidence. The slow rise in price suggests stronger technical structure and more market use. Analysts predict Solana’s momentum will keep on, especially with well-known people like Resnick on its development team. #Solana $SOL will hit $4,000, based on this cup and handle pattern! pic.twitter.com/dXZLI9urOh — Ali (@ali_charts) December 10, 2024 Related Reading: HBAR To Hit $100? Analyst Points To Utility And Market Cap Potential Differing Price Forecasts Still, forecasts of Solana’s eventual price vary widely. Inspired by the “cup and handle” chart pattern showing on monthly charts, crypto analyst Ali Martinez thinks SOL might reach $4,000. This optimistic framework suggests that a breach above $260 would cause exponential increase. On the other hand, asset management Bitwise has set a more conservative price target of $750, citing macroeconomic variables and broader market patterns. These divergent expectations illustrate the unpredictability in the cryptocurrency world, where optimism and caution frequently coexist. Featured image from Medium, chart from TradingView
The cryptocurrency world is no stranger to rivalries, and the battle between the two $SHIRO tokens is a prime example of how competition can shape the narrative of a meme token. On one side is @CTOShiroNeko, also known as the “OG Shiro,” which claims to be the first $SHIRO token launched on Ethereum. On the […]
The announcement’s timing is noteworthy, with the 2024 US presidential race having finished a month prior.
The company’s board opposed the resolution, citing Bitcoin’s purported volatility as a negative factor.
The unofficial US head of government efficiency has declared himself a volunteer IT consultant for the Trump administration.
1971 Capital chief investment officer Brian Russ says Ethereum is undervalued and that Bitcoin, gold and silver are in a long bull market.
Recent price action has seen the Ethereum price breaking above the $4,000 price level again to drive euphoria among crypto investors, especially those awaiting the onset of an altcoin season. This price rally follows an unprecedented surge in Ethereum Spot ETF inflows, which hit a record $428 million on December 5 as investors continue to anticipate crypto-positive regulatory changes under the incoming Trump administration. Related Reading: Dogecoin Days At The Top Numbered? Cardano Set To Take Over — Analyst Interestingly, this bullish momentum has seen the Ethereum price play out an interesting motion on its price chart. Particularly, Ethereum has broken above a massive triangle on the weekly timeframe chart, which points to an incoming price rally. $10,000 Target In Sight As Bull Run Builds Up Steam According to technical analysis posted on social media platform X by crypto analyst Captain Faibik, the recent Ethereum price rally has seen the cryptocurrency breaking out of the upper trendline of a triangle formation. This breakout is particularly significant, as it is out of a triangular formation that has been in play for three years. As shown by the ETHUSDT weekly timeframe chart below, the triangular pattern has been in play since the Ethereum price reached its current all-time high of $4,878 in November 2021. This pattern has been highlighted by a series of lower highs and higher lows, which have seen the Ethereum price trading in an increasingly tightening range. However, in light of the recent breakout to the upper end, Captain Faibik declared that Ethereum’s long-anticipated 2024-2025 bull run has “officially started.” In terms of a price target, the analyst highlighted a run towards $10,000, which would see the Ethereum price breaking into new all-time highs. On-Chain Data Points To New All-Time High The bullish momentum for Ethereum is supported by strong on-chain metrics, particularly a notable rise in large transactions. According to data from IntoTheBlock, the volume of transactions worth $100,000 or more has increased by over 300% in the past week, reaching a cummulative $86.15 billion in the past seven days and $17.15 billion in the last 24 hours. This surge in high-value transactions indicates growing participation from institutional investors and high-net-worth individuals, further bolstering Ethereum’s price outlook to $10,000. Additionally, Ethereum’s profitability metrics highlight favorable conditions for further growth. As crypto analyst Ali Martinez pointed out, there is nothing preventing the Ethereum price from reaching new all-time highs. As it stands, the only minor resistance level ahead is at $4,540. Regardless, with the $3,560 demand zone acting as a strong support level, Ethereum’s trajectory appears firmly tilted toward the bulls. Related Reading: Countdown To $5 XRP: Engineer Predicts Milestone On ‘Strong Fundamentals’ At the time of writing, Ethereum is trading at $4,010, up by 8% in the past 24 hours. Featured image from Medium, chart from TradingView
As crypto exchanges face regulatory challenges globally, Bitget chief operating officer Vugar Usi Zade emphasized compliance and innovation for sustainable growth.
Bitcoin (BTC) price surged beyond $100,000 yesterday, propelled by multiple positive developments throughout the year. The flagship cryptocurrency’s ascent has led Standard Chartered to predict that BTC could double in price to $200,000 by the end of 2025. Bitcoin Can Double In Price By 2025 End, Predicts Standard Chartered Bitcoin, the top digital asset with […]
Innovation hubs can advance Ethereum’s ecosystem, cultivating community-driven development and addressing the challenges of transitioning to sustainable blockchain projects.
N1 is purported to process 100,000 transactions per second, placing it among the fastest blockchains.
NFTs may have died down, but RARI Foundation’s Jana Bertram is bullish on their evolution, according to her analysis of the industry in the latest episode of the Hashing It Out podcast.
The native coin of Hedera Hashgraph, HBAR, is the talk of the cryptocurrency market following an impressive price ascent. In a matter of four weeks, the coin reversed a bearish trend that had persisted for more than 1,000 days. With increased investor interest, experts are piling on the lofty price predictions, suggesting a rise in faith in this enterprise-grade public ledger. Related Reading: Cardano Rally Heats Up: Experts See 750% Jump Ahead The price of HBAR was $0.3173 at the time of writing. Even though the coin lost 10% in the last 24 hours, it did very well over the course of a week and a month. Notably, HBAR has maintained a huge 801% rally over the last 30 days, which has made buyers very happy. What’s driving this momentum? A combination of innovative upgrades, partnerships, and market optimism. HBAR’s rebound is more than just a price spike—it’s a transformation in how the project is positioned in the blockchain space. Aggressive Targets In The Bull Market Experts have projected a hopeful $5 for HBAR as the bull market for cryptocurrencies keeps up. A more conservative $2.50 shows great growth potential if the market peaks in April 2025. This positive attitude is not founded in conjecture alone. Hedera is getting ready for major announcements including a new privacy layer that will let consumers construct private network instances while still linked to the public ledger. Dr. Leemon Baird, co-founder of Hedera, believes that this privacy layer has the potential to change areas such as finance, healthcare, and supply chain management. Hedera addresses significant gaps in blockchain technology by providing organizations with a safe yet interoperable solution. Ripple Partnership Boosts HBAR Adoption Hedera’s increasing integration with blockchain-based payment systems is another motivator. The technology, via Dropp, plays an important part in the Federal Reserve’s FedNow system, allowing for rapid and safe transactions. Moreover, its interaction with Ripple (XRP) proves it to be a strong rival in USD transaction handling. The likely certification of the RLUSD stablecoin by Ripple in December could help HBAR’s position in the payments ecosystem to be strengthened, therefore promoting acceptance in many sectors. Related Reading: Cardano Rally Heats Up: Experts See 750% Jump Ahead Performance Upgrade Establishes New Benchmarks Hedera isn’t stopping with privacy. A substantial upgrade is on the way, potentially raising transaction throughput to 500,000 transactions per second (TPS). This advancement would make Hedera the world’s fastest blockchain network, a position that might significantly alter market dynamics. $HBAR (Hedera) continuing to display significant strength here and can still be positioned to continue with ≈$0.504 still in play as a target! With this target in play, we could see a near 3X from here in an additional +192% climb to reach it… https://t.co/J1gtwa1Xgl pic.twitter.com/26wq1Tp9ga — JAVON⚡️MARKS (@JavonTM1) November 29, 2024 Although the Relative Strength Index (RSI) points to rising buying activity, nearing overbought levels could indicate profit-taking. Still, experts like Javon Marks are hopeful, projecting a rise to $0.504, almost three times its current worth. Open interest in HBAR trading rose 28% to $187 million. Capital inflows indicate increased confidence, suggesting the HBAR rise may continue. Hedera’s progress should be monitored by investors and enthusiasts. Featured image from Pexels, chart from TradingView
The new offering will be available across all Crypto.com card tiers with up to 8% rewards on spending.
Aptos co-founder Avery Ching said at India Blockchain Week that controlling what content can be used for training by AI is something blockchain can help with.
AI applications and data centers are creating a growing demand for uranium, which is now available for retail investors for the first time.
To build its blockchain-based trading platform, 21X has been working with several partners, including Polygon and SBI Digital Markets.
Yuga Labs strengthens its NFT infrastructure with Tokenproof’s tech team, aiming to enhance accessibility and utility in the Web3 space.
This edition of Cointelegraph’s VC Roundup features Talus Network, Kernel, Astherus, Barter and Rarimo.
The reversal comes just three months after the US-based crypto exchange submitted its pre-application to the Turkish government.
Despite the hype cycle, blockchain technology continues to make strides in real-world applications, from tokenizing assets to enhancing record-keeping and data privacy.