Day: July 20, 2022

Finder’s Experts Predict Ethereum Falling to $675 — Long-Term ETH Predictions Lowered Considerably – Markets and Prices Bitcoin News

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A panel of “industry experts” has predicted that ethereum will bottom out at $675 before the year-end. They have “considerably lowered” their ether predictions since the start of 2022 and are now expecting the price of the cryptocurrency to end the year at $1,711 before rising to $5,739 by 2025, and $14,412 by 2030. Expert Panel’s Ethereum Price Predictions Price comparison portal Finder updated its ether (ETH) price predictions Monday. The company measures expert predictions of the future ethereum price using weekly and quarterly surveys. Its latest quarterly survey, conducted…

Another Twitter Hack Hits the NFT Community

Users began flagging Zeneca’s account as compromised within minutes of the tweet being sent. Justin Tayler, Twitter’s head of consumer product marketing, locked down the account 40 minutes after the hack took place. Twitter did not respond to CoinDesk’s request for comment on the scope of the attack. Source

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Bitcoin price holds $23.5K, leading bulls to say ‘it’s different this time’

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Similar to Stockholm syndrome where captives develop a psychological bond with their captors, crypto winters have a way of flipping even the most bullish cryptocurrency supporters bearish in a short period of time. Evidence of this reality was on full display on July 19 after the recovery of Bitcoin (BTC) back above $23,000 was met with widespread warnings that the move was merely a fakeout before the market heads for new lows $BTC Not bad. But keep in mind that this still can turn into a classical fake out. My…

Dissecting Three Arrows Capital’s Fall; Ethereum Merge Spurs Continued Market Gains

Yet, bitcoin’s performance pales next to ether, the token of the Ethereum blockchain, which has skyrocketed about 50% over the past seven days as updates trickle in about the Merge. The Merge will shift the protocol from its current, energy-sapping proof-of-work model to a more environmentally friendly proof-of-stake one. The second-largest crypto by market cap after bitcoin was cruising comfortably above $1,500, a more than 1.5% increase over the previous day. Other major altcoins spent their Tuesday well in the green with YGG spiking over 26% at one point and…

Bitcoin.com Simplifies Cryptocurrency Payments, Enhances Data Sovereignty With Unstoppable Domains Partnership – Press release Bitcoin News

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press release In partnership with Unstoppable Domains, Bitcoin.com is making it easier than ever to use cryptocurrency as a payment method. Users of the multichain Bitcoin.com Wallet can now send cryptocurrency to the full range of domains offered by the blockchain-based domain provider. This means, for example, that people can send bitcoin to a human-readable address like ‘elizabeth.crypto’ rather than to the long and complicated wallet addresses that are native to the Bitcoin protocol (eg. bc1qar0srrr7xfkvy5l643lydnw9re59gtzzwf5mdq). “Cryptocurrency is a powerful force for creating economic freedom in the world, but adoption…

Bitcoin Dominance Dives As Ethereum Takes Up More Space

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The recent market recovery has seen digital assets such as Bitcoin and Ethereum put on significant amounts of value over the last couple of days. However, there have been some who have been market leaders in this regard, and Ethereum is one of them. The digital asset had rallied upwards due to the announcement that the Merge was happening in September, but that is not the only aspect where the second-largest cryptocurrency in the crypto market had recorded a recovery. Ethereum Steals Market Dominance Ethereum’s rally above $1,500 had seen…