How DePIN is poised to disrupt the cloud computing industry: Report
Cointelegraph Research uncovers how DePIN networks and SwanChain’s ecosystem are changing the cloud computing industry. Go to Source
Ethereum
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Price analysis 6/24: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
Bitcoin price descends to $60,000, but will traders buy the dip in BTC and altcoins? Go to Source
Ethereum Technical Analysis: ETH Faces Bearish Sentiment Amidst Continued Downtrend
Ethereum’s price stands at $3,311, with a market capitalization of $404 billion. The 24-hour intraday trading range has fluctuated between $3,277 and $3,500, while the 24-hour trade volume has reached $16.82 billion. A technical analysis across various timeframes highlights significant bearish indicators. The confluence of oscillators and moving averages suggest a continuation of the downward … Read more
Layer-2 rollups must decentralize sequencers or face the consequences
Centralized sequencers achieve higher throughputs and performance, but they also create severe security risks — illustrated by a $2.6 million exploit on Linea. Go to Source
Former Microsoft Engineer Predicts a Gradual Shift in Blockchain Development Focus Toward Vertical Scaling
While wrapped digital assets have enabled the bridging of assets and expanded their utility, their perceived need for custodianship reintroduces centralization risks and trust dependencies. This contradicts the decentralized ethos of blockchain technology, according to Chris Li, founder and CTO of Ava Protocol. Attaining Utility While Preserving the Core Principles of Decentralization Li told Bitcoin.com … Read more
Ethereum Sees Surge In Active Addresses Amid Anticipation Of ETH ETFs Launch
Ethereum recently experienced its largest spike in active $ETH addresses in three months, with the total number reaching 617,170. This surge comes amid growing anticipation of Ethereum Exchange-Traded Funds (ETFs). #Ethereum just saw its largest spike in active $ETH addresses in three months, reaching a total of 617,170 active #ETH addresses. pic.twitter.com/CSqBOnQhEr — Ali (@ali_charts) … Read more
Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings
Bloomberg’s senior ETF analyst has reaffirmed his prediction of a July 2 launch date for U.S. spot ethereum exchange-traded funds (ETFs) after observing a surge in amended S-1 (registration statement) filings on Friday. U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated that spot ether ETFs will launch this summer, pending the SEC’s … Read more
NFT Sales Plunge 21% Amid Broad Crypto Market Decline
Global non-fungible token (NFT) sales experienced a decline this week, dropping 21% from the previous week. Across 21 unique blockchains, the total sales just surpassed the $100 million mark over the past seven days. Weekly NFT Sales Fall, Cryptopunks and Pudgy Penguins Surge NFT sales have significantly decreased this week, correlating with the broader downturn … Read more
Bitwise CIO Makes the Case for Adding Ether to Investment Portfolios
Matt Hougan, CIO of Bitwise, a crypto-based index fund and ETF provider, has explained why he believes ether might be an interesting asset for an investment portfolio. Hougan states three key reasons for investing in ether: diversification to “own the market,” different use cases than bitcoin, and historical analysis. Bitwise CIO Presents Three Reasons to … Read more
Price analysis 6/21: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAX
Bitcoin has broken below the immediate support of $64,602, increasing the risk of a fall to the crucial $60,000 price level. Go to Source