Day: March 1, 2022

Ethereum Beacon Chain Surpasses 300K Validators, Over $28 Billion in Ether Deposits Locked – Technology Bitcoin News

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The Ethereum protocol has reached another milestone as the number of Ethereum 2.0 validators has surpassed 300,000. At the time of writing, the Ethereum 2.0 contract has over 9.6 million ether deposited worth more than $28.4 billion. Ethereum Beacon Chain Validators Jump Past the 300,000 Mark For quite some time now, Ethereum (ETH) network participants have been preparing to transition from a proof-of-work (PoW) system to a protocol that solely relies on the proof-of-stake (PoS) consensus algorithm. The Ethereum community has been running a parallel system that leverages PoW and…

Data Shows Bitcoin Top Buyers Already Capitulated, New Bull Rally Here?

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On-chain data suggests Bitcoin buyers who entered at the top may have already capitulated. Last time such a trend happened was back in July 2021, following which a new bull rally occurred. Lackluster Bitcoin Sell-Off Recently May Suggest Top Buyers Have Already Capitulated As per the latest weekly report from Glassnode, there hasn’t been any significant loss realization recently despite world-changing events taking place this week. The relevant on-chain indicator here is the “net realized profit/loss,” which tells us whether the overall Bitcoin market is realizing profits or losses right now.…

Samson Mow leaves Blockstream, plans to focus on ‘nation-state Bitcoin adoption’

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Blockstream chief strategy officer Samson Mow has announced he will be leaving the blockchain firm after five years. In a Tuesday Twitter thread, Mow said he would continue to be a “#BlockstreamSpy” following his departure from the Canada-based firm where he had worked since April 2017. He said he would stay on as CEO of game development company Pixelmatic, a position in which more “attention is being demanded,” but planned to focus on “nation-state Bitcoin adoption” in the future. ”With everything happening at light speed in El Salvador, and more…

Bybit Crypto Exchange Partners with the MIRL Project

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Bybit cryptocurrency exchange partnered with the MIRL project, a decentralized fashion company that was created in the metaverse. Through the partnership, the MIRL project will gain exposure to Bybit’s clients, well above 5 million traders. The crypto exchange will also promote the ‘FashionFi’ movement. The MIRL project is attempting to bridge between the virtual and real world in the fashiopn industry. Bybit purchased 1,111 non-fungible tokens (NFTs) from the genesis collection that will be launched on 10 March. The 1,111 NFTs that were bought will be distributed to selected traders…

Samson Mow Exits Blockstream to Focus on Nation-State Bitcoin Adoption

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Mow and Blockstream have been key figures in designing El Salvador’s bitcoin-backed bonds (so-called Volcano Bonds), which are set to be issued this month on Blocksteam’s Liquid platform. “With everything happening at light speed in El Salvador, and more and more countries interested in adopting bitcoin, I found my time each day just no longer enough anymore,” Mow said. Original

AVAX, WAVES and Near Trade Over 20% Higher on Tuesday – Market Updates Bitcoin News

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AVAX, NEAR and WAVES were undoubtedly some of the biggest gainers on Tuesday, as crypto markets were over 14% higher as of writing. LUNA was also higher, and climbed by as much as 22% in today’s market session. WAVES WAVES was easily the biggest gainer during Tuesday’s trading session, as it rose by as much as 46% on the day. Today’s rally in WAVES/USD saw prices climb to their highest level since December 17, hitting the long-term resistance point of $19.60 in the process. This surge comes as the ceiling…

Uniswap builds interface to swap altcoins into ETH donations for Ukraine

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On Tuesday, decentralized exchange Uniswap launched an interface that directly converts ERC-20 tokens — such as Aave, Chainlink’s LINK and Decentraland’s MANA — to Ether (ETH). The coins are then sent to the official crypto wallet addresses of the Ukrainian government, all in a single transaction.  In explaining the rollout, Uniswap claimed that the address shared by Ukraine is located on a centralized exchange and only accepts Ether and Tether (USDT). Thus, the feature simplifies the donation process for anyone holding ERC-20 tokens on Uniswap’s list and who wishes to donate by…

CAUTION: BITCOIN ABOUT TO MAKE ITS NEXT BIG MOVE!!!!!???? BTC Price Prediction Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This Bitcoin and Cryptocurrency trading analysis applies to various exchanges, including Bybit and Binance. Tackling questions like if Bitcoin can reach all time highs again or how low BTC will crash. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space. ⚡️𝗢𝗙𝗙𝗜𝗖𝗜𝗔𝗟 𝗙𝗢𝗥𝗙𝗟𝗜𝗘𝗦 𝗖𝗛𝗔𝗡𝗡𝗘𝗟𝗦 (𝗧𝗘𝗟𝗘𝗚𝗥𝗔𝗠/𝗪𝗘𝗕𝗦𝗜𝗧𝗘)⚡️ 🚀 Forflies GOLD: 🚀…