Ethereum ‘about to go parabolic’ against Bitcoin as analysts weigh BTC bear case
ETH/BTC stays near its highest since 2018, but that’s nothing compared to its next move, one trader believes. Go to Source Powered by WPeMatico
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Increased utility in DeFi, NFTs back Ethereum’s 3-year high in its ETH/BTC pair
Ethereum price hit a new all-time high in its ETH/BTC pair and a classic technical analysis pattern suggests the altcoin has a lot more upside. Go to Source Powered by WPeMatico
Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round
1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build new protocols. 1inch Raises $175 Million From Strategic Investors Over the … Read more
Bitcoin cools from 1-week highs with key long-term metric echoing $44K
A “bullish engulfing” enters on multi-day charts as BTC price action manages to preserve some of Monday’s gains. Go to Source Powered by WPeMatico
Budweiser Launches 1,936 NFT Cans, Bud-Themed Marketplace Gets Bogged Down With Traffic
The popular American-style pale lager produced by Anheuser-Busch, Budweiser announced on November 29, that the firm planned to issue a series of 1,936 non-fungible token (NFT) collectibles. Following the Bud-themed NFT market launch, the web portal experiences some hiccups. Budweiser Issues NFT Beer Can Collection — NFT Cans Give Access to the ‘Budverse’ At the … Read more
Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution
The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints about ether gas costs this year, Ethereum founder Vitalik Buterin has recommended an Ethereum Improvement Proposal (EIP) … Read more
Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days
30 days ago on October 28, the total value locked (TVL) in cross-chain bridges to Ethereum was around $22.48 billion and in the face of the recent market dump, the TVL still increased by 9.56%. At the time of writing, there are 135,148 unique depositors and Axie Infinity’s Ronin Bridge holds the largest TVL. Cross-Chain … Read more
Crypto Economy Slides 8% in Value Shaking Out Billions, Blame Placed on New Covid Variant
During the last 24 hours, the crypto economy has lost 8% in value as a great number of crypto asset prices dropped significantly during the overnight trading sessions. Crypto markets lost more than $22 billion in value as the leading digital currencies in the top 20 standings lost anywhere between 6% to 20%. Global Markets … Read more
Report claims each Solana TX uses less energy than 2 Google searches
The report also found that a transaction on the Solana blockchain uses 24 times less energy than charging your phone. Go to Source Powered by WPeMatico
Axie Infinity virtual land slot sells out for 550 ETH
According to the game’s developers, it’s the largest sum ever paid for virtual real estate. Go to Source Powered by WPeMatico