The new privacy layer lets developers add a focused network on top of Shibarium, a layer 2 network that settles transactions on the Ethereum blockchain. “These are two different entities, and separate for a variety of reasons,” Shytoshi Kusama, the pseudonymous founder of Shiba Inu, told CoinDesk in a message. Source
Day: February 29, 2024
Ethereum Price Prepares To Go On Another Bullish Spree, Key Support Intact
Ethereum price climbed to a new multi-month high above $3,400. ETH is consolidating like Bitcoin and seems to be setting up for another bullish spree. Ethereum extended its increase above the $3,400 resistance zone. The price is trading above $3,350 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct lower, but dips might be limited below the $3,250 support zone. Ethereum Price Extends Rally Ethereum price remained…
Bitcoin Price Sees Wild Swing Moves, Uptrend To Extend Toward $70K?
Bitcoin price rallied further above $62,000. BTC is now consolidating gains and might soon attempt another upward move toward the $64,000 resistance. Bitcoin price is consolidating gains below the $60,000 resistance zone. The price is trading above $60,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $60,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend its current rally toward the $64,000 resistance zone. Bitcoin Price Jumps Over $5K Bitcoin price remained strong…
Bitcoin Price Could Hit $250,000 ‘Sooner’ Than Expected, Says Bitwise CEO
The chief executive of Bitwise Asset Management expects the price of bitcoin to hit $250,000 sooner than most people would imagine. Moreover, he believes that bitcoin is going to eat into gold’s total addressable market “faster than people expect.” He opined: “Bitcoin ETFs were bitcoin’s IPO moment. It’s now available to any investor with the […] Original
Chainlink faces headwinds, Litecoin and Polkadot holders looking at DeeStream
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin (BTC) and Ethereum (ETH) are trending, trading at over $60,000 and $3,300, respectively. Other altcoins like Cardano (ADA), Tron (TRX), XRP, and Filecoin (FIL) are also rallying. B Projects like Chainlink (LINK) have had a turbulent ride. Investors of other crypto projects like Litecoin (LTC) and Polkadot (DOT) have taken it as a cue to expand their portfolio by considering DeeStream (DST). Litecoin investors exploring DeeStream Litecoin offers…
TRON Hits 95 Million Addresses Milestone, Will This Help Price?
On-chain data shows the total number of addresses on the TRON network has exceeded the 95 million mark, a major milestone for the blockchain. TRON Addresses Carrying A Balance Have Broken The 95 Million Mark According to data from the market intelligence platform IntoTheBlock, TRON has far left behind other layer 1 networks like Cardano and Avalanche regarding its address growth. Here, the analytics firm has used the total number of addresses on the blockchain carrying some non-zero balance to keep track of this network growth. When these addresses with…
Gemini Agrees to Over $1 Billion Restoration in Settlement With New York Regulators
In an agreement with the New York Department of Financial Services (NYDFS), the Winklevoss-led cryptocurrency exchange Gemini has committed to returning over $1 billion to its customers. The settlement, which also includes a $37 million fine, comes as a significant development for the exchange amidst several ongoing legal challenges with big-name crypto firms and heightened […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Hot Airdrop: Social-Fi Project CharityDAO About to Launch Airdrop Event
PRESS RELEASE. According to community volunteers, CharityDAO will launch a large-scale airdrop event on February 29th. It is estimated that 76 million CHD tokens will be distributed to participating users. The current method of interaction is not yet known. This is another popular Social-Fi project announcing an airdrop following friend.tech’s high-profile announcement last week. Benefiting […] Source CryptoX Portal