Automated defenses against 51% attacks could significantly enhance Ethereum's resilience, reducing reliance on social consensus and improving network security.
The post Vitalik Buterin advocates for automated responses to 51% attacks appeared first on Crypto Briefing.
The Cardano-powered sci-fi shooter game Chronoshot was added to the wishlist on the Epic Games Store on Tuesday, marking a remarkable step for the game developer and the ADA ecosystem. Charles Hoskinson, the founder of Cardano, expressed his excitement about this important milestone, stating, “Cardano Games on Epic makes me happy.” Cardano Based Gaming Is […]
The migration of Forgotten Runiverse to Ronin underscores Ronin's growing dominance in the Web3 gaming sector, enhancing its appeal to developers and players.
The post Web3 game Forgotten Runiverse migrates to Ronin appeared first on Crypto Briefing.
Trade using the CD20 index marks a milestone in digital asset options, enhancing institutional risk management, GSR said in a release.
The Atlas fund aims to use Wall Street-style strategies to generate returns from investments in the crypto market.
The alert serves as a reminder of the critical role financial professionals play as gatekeepers in the fight against financial crime.
The co-founder and intellectual leader of the largest smart-contracts blockchain ecosystem addressed a packed room at the EthCC conference in Brussels.
For Chainlink (LINK), the waters of the bitcoin market are moving in its favor. Inspired by recent accumulation from big investors and forecasts of an upward trend, the asset is exhibiting signs of life following a period of slow performance. Nonetheless, the path to recovery might be a meandering one as experts have conflicting projections for the next years. Related Reading: Mass Adoption? NEAR Protocol Sees 17 Million Unique Addresses In 30 Days Whales Build Chainlink During Crisis Market observers are fixated on the behaviour of “whales,” or heavily weighted investors. Renowned crypto analyst Ali Martinez claims that these whales have been on a purchasing frenzy, grabbing an amazing 6.2 million LINK tokens valued $76.88 million during the most recent price drop. According to this “buy-the-dip” approach, whales find promise in LINK and think the present low price offer a good purchase possibility. For his part, crypto expert Michael van de Poppe sees a seasonal pattern of “finding bottoms in June of every year.” According to him, most likely than not, such patters are having the same bottoming procedure so far this year, and will “start to crawl upwards from hereon.” $LINK has been getting a seasonal pattern of finding bottoms in June of every year. Very likely, it’s having the same bottoming procedure in 2024 and will start to crawl upwards from here. pic.twitter.com/5T4GikNrFa — Michaël van de Poppe (@CryptoMichNL) July 8, 2024 Forecasts From Analysts: An Ocean Of Possibilities Analyst opinions on LINK’s future course vary. With LINK hitting $14.92 by July 15th, a surge of 12%, CoinCheckup, a crypto trading site, projects a quite calm ride ahead. Forecasting a 30% jump in the following seven days followed by a notable 154.88% growth within a year, CoinCheckup, a price prediction tool, presents a more clearer picture and links the altcoin to a price of $32.83. Not everyone, meantime, is raising a positive flag. Another crypto analyzer tool, CoinCodex, presents a more wary image. By August 9th, their projection points to a 66.07% increase that will bring $21.39. Their technical indicators, however, show a “bearish” attitude towards LINK; the Fear & Greed Index ticks around 28 (the fear zone). Network Evolution And Regulatory Headwinds Although optimistic forecasts and whale activity point to good things ahead, LINK’s road forward is not without difficulties. Regulatory obstacles still brings forth issues as governments all over struggle with how to monitor the always changing bitcoin terrain. Also of big importance for LINK’s future direction will be changes in networks and more general market trends. Related Reading: Polygon Records Over 1 Million Active Addresses – Impact On MATIC Price Foggy Road Ahead For Chainlink? Regarding LINK, the existing circumstances offers investors a typical “wait and see” scenario. Thought the very recent hike in the price and whale activity give some promises, varied analyst forecasts and constant regulatory worries make it hard to see a clear road forward Featured image from Pexels, chart from TradingView
The Bank of Israel won't decide whether to launch a central bank digital currency before the European Union does, Deputy Governor Andrew Abir told Reuters.
The latest price moves in bitcoin (BTC) and crypto markets in context for July 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Quick Take Bitcoin, currently trading 20% below its all-time high, is experiencing a period of consolidation in the high $50,000s. The market has just seen its largest correction of this cycle, dipping by 28% to just below $54,000. Coinglass data shows that Bitcoin remains in a state of fear according to the Fear and Greed […]
The post 16th largest Bitcoin whale buys 48k BTC before correction with $500M in unrealized losses appeared first on CryptoSlate.
Huione Guarantee, a Cambodian online financial platform linked to the nation's ruling family, is a marketplace enabling the global scam economy, particularly pig-butchering scams, to the tune of $11 billion, a report by Wired alleges.
Bitcoin, the largest cryptocurrency asset, is in the limelight as the German government, the Bundeskrimanalamt (BKA), has continued its aggressive BTC selling spree, transferring over 6,306 BTC as part of its ongoing liquidation strategy, which has triggered a broader discussion about its potential impact on the crypto asset’s price. German Government Offloads Thousands Of Bitcoin […]
Following a successful DAO vote with 99.6% approval, Nomic, which offers a decentralized, non-custodial Bitcoin bridge to IBC-enabled chains like Osmosis, aims to enhance Bitcoin liquidity on the Osmosis platform. This proposal involves waiving Bitcoin bridging fees for transactions originating or terminating on Osmosis. In exchange, a portion of the taker fees from trading nBTC […]
The post Nomic and Osmosis waive BTC bridging fees in landmark DAO-to-DAO partnership appeared first on CryptoSlate.
The German government is ramping up its Bitcoin sell-off, preparing to offload an additional $342 million worth of BTC.
CoinStats said in a July 5 update that it’s still investigating the incident and is taking action to secure its new infrastructure.
The lawsuit against Bitwise could significantly impact investor trust and regulatory scrutiny in the asset management and crypto sectors.
The post Bitwise faces $2 million lawsuit over alleged investor fraud appeared first on Crypto Briefing.
After recently surpassing the $23.50 mark, the price of Avalanche (AVAX) has continued to show resilience moving higher with good momentum towards the $30.34 resistance level. This upward movement has signaled bullish sentiment among market participants and potential further gain for the crypto asset. As Avalanche continues to gain pace above $23.50, this article delves into providing an in-depth analysis of this recent price surge and its potential for further growth by examining current price actions and technical indicators focusing on the 4-hour and the 1-day chart. At the time of writing, AVAX’s price was up by over 4.85%, trading at about $26.88, with a market capitalization of more than $10 billion and a trading volume of more than $305 million. In the last 24 hours, the market capitalization of AVAX has increased by 4.44%, while trading volume has decreased by 32.13%. Analysis Of AVAX’s Recent Price Momentum Currently, the price of AVAX on the 4-hour chart with bullish momentum has crossed above the 100-day Simple Moving Average (SMA). The digital asset has been on an upward spiral since breaking above its previous low of $26.50. As a result of the price movement, Avalanche could still extend its rally toward the $30.34 resistance level. Also, an examination of the 4-hour Composite Trend Oscillator indicates that the price of AVAX might continue to rise since the indicator’s signal line has crossed above its simple moving average, and both are trying to move above 50%. On the 1-day chart, although Avalanche is still trading below the 100-day SMA, it can be observed that the crypto asset is attempting a bullish move towards the $30.34 resistance level. After the cross above $26.50, AVAX has been showing bullish resilience thereby keeping its pace above this level. With this recent bullish momentum, the digital asset could potentially extend its rally to other resistance levels. Finally, on the 1-day chart, the composite trend oscillator also indicates that AVAX could potentially expand its bullish move as the signal is attempting to cross above the SMA of the indicator and are both trying to move out of the oversold zone. Can Avalanche Sustain Its Upward Trajectory? Currently, AVAX is trying to move higher toward the resistance level of $30.34. If the crypto asset’s price hits this level and closes above, it will likely move on to challenge the resistance level at $37.29. If the $37.29 level is surpassed, it may also target the $39.94 resistance level and other higher levels. Nonetheless, if it reaches the $30.34 mark and encounters resistance, the price might begin to decline once more in the direction of the $23.50 support level. When it breaches this $23.50 support level below, Avalanche will keep falling to test the $18.83 support and other lower levels. Featured image from Adobe Stock, chart from Tradingview.com
Quick Take On July 10, the German government moved a large portion of its Bitcoin, totaling 5,853.5 BTC, valued at approximately $343.91 million, according to Arkham Intelligence. In the latest transaction, 750 BTC was sent to address 139Po, which Arkham Intelligence suggests could be an institutional deposit or over-the-counter (OTC) deal. Currently, the German government […]
The post German governmental bodies still hold 18,110 BTC amid post-seizure management appeared first on CryptoSlate.
Bitcoin's inability to surpass $60,000 despite reduced selling pressure from Germany highlights ongoing market volatility and external influences.
The post Bitcoin struggles to break key level amid easing selling pressure from German government appeared first on Crypto Briefing.
Elliptic’s report reveals how the Huione Guarantee marketplace facilitated massive money laundering and cyber scams using Tether (USDT) transactions.
BTC held largely steady amid the continued divestment of coins, having failed to keep gains above $59,000 during the Asian hours.
John Wingate of BankSocial and Azeem Khan of Morph tell The Agenda podcast how crypto and blockchain can make the world a better, more equitable place.
With the approval of the spot Ether ETF in the US approaching, attention turns to its potential impact on Ethereum’s trajectory in the coming weeks.
The post These Altcoins Poised To Record 100% Surge As Ethereum Regains Momentum? appeared first on Coinpedia Fintech News
With the rising bullish sentiment, the cryptocurrency market has displayed a positive price action for the second straight day, highlighting an increase in the buying-over-selling pressure in the crypto space. Moreover, with the price of Ethereum holding its value above $3K, altcoins have regained momentum. Moreover, mid-cap altcoins have recorded the highest gains with top …
On-chain governance marks a significant turning point for Cardano, the proof-of-stake blockchain famed for its painstaking development process. By means of voting on suggestions, this creative mechanism enables ADA holders to directly shape the future of the platform. Related Reading: Bitcoin Takes A Beating: Mt. Gox Distribution Spooks Investors Voting For The Future Maintaining competitiveness […]
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
The post Top RWA Tokens Must Look After Amid Ethereum ETF Listing appeared first on Coinpedia Fintech News
With the Ethereum price rising as Bitcoin marks its third consecutive positive day, the altcoins are quick to jump. The bullish trend is gaining momentum as the market gurus anticipate Ethereum listing in July, amidst which the RWA Tokens deserve to be on your crypto watchlist. With the market anticipating a bullish turn in the …
BTC price upside momentum is building, but liquidity is bunching at $60,000 in an attempt to keep the market from reclaiming lost ground.