Zama, started in 2020, describes FHE as the “holy grail” of cryptography, allowing companies to offer services to users without the need to see their data and expose it to greater risk. Zama’s most recent product, fhEVM, is a confidential smart contract protocol for Ethereum-compatible blockchains, allowing on-chain data to remain end-to-end encrypted during processing. Source
Day: March 7, 2024
DOT Price (Polkadot) Jumps 10%, Why Bulls Can Pump It To $12
Polkadot (DOT) is gaining pace above the $10.00 resistance against the US Dollar. The price could extend its rally toward the $12.00 level in the near term. DOT is gaining pace above the $9.80 and $10.00 levels against the US Dollar. The price is trading above the $10.00 zone and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $9.10 on the 4-hour chart of the DOT/USD pair (data source from Kraken). The pair could continue to rise toward the $12…
Ethereum Price Consolidates As The Bulls Aim For Surge Above $4K
Ethereum price extended its increase toward $3,900. ETH is now consolidating gains and might aim for a move above the $4,000 resistance. Ethereum traded to a new multi-month high above $3,880. The price is trading above $3,700 and the 100-hourly Simple Moving Average. There is a short-term bullish flag pattern forming with resistance at $3,850 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its increase if it clears the $3,850 resistance zone. Ethereum Price Aims Higher Ethereum price extended its rally above the $3,750…
SEC Charges Shapeshift With Regulatory Violations, Sparking Debate on Crypto Regulation
The U.S. Securities and Exchange Commission (SEC) has leveled charges against Shapeshift AG, accusing the company of operating without proper registration. This case has ignited a broader conversation on the regulatory framework for crypto assets, with SEC Commissioners Hester Peirce and Mark Uyeda voicing their dissent and concerns about the SEC’s current approach toward crypto […] Source CryptoX Portal
Bitcoin Price At Risk of Another Downside Thrust Before Higher
Bitcoin price is struggling to settle above the $68,000 resistance. BTC is now consolidating and might decline toward the $63,400 support zone. Bitcoin price is struggling to gain pace for more gains above the new all-time. The price is trading above $65,000 and the 100 hourly Simple moving average. There is a short-term bearish trend line forming with resistance near $67,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend losses and revisit the $63,400 support zone. Bitcoin Price Faces Hurdles Bitcoin price…
Ethereum Plans For Dencun Upgrade: Is This The End Of Roll-Ups?
Ye Zhang, the co-founder of Scroll, a layer-2 project using zero-knowledge proof, is cautiously optimistic about the upcoming Dencun upgrade. In a post on X, Zhang pointed out Dencun’s potential benefits, particularly the low transaction fees. However, in the same post, the co-founder highlighted the likely challenges it could present for existing layer-2 scaling solutions using roll-ups. Dencun Introduces EIP-4844 In Ethereum: What It Means Ethereum developers plan to implement Dencun in mid-March. Implementing the Ethereum Improvement Proposal (EIP)-4844 is a big part of this hard fork. With this execution, the proposal…
The March Revival — Unprecedented Movement of Early Bitcoin Hoards Move for the First Time in Years
As bitcoin’s value teeters on the brink of setting new price records, a significant batch of vintage bitcoins dating back from 2010 to 2017 has been transferred for the first time since their initial creation. Present data reveals that in the opening week of March 2024, a total of 4,237.73 ancient bitcoins, valued at over […] Original
Buckle Up: Bitcoin Set To Smash $150,000 Mark, Says Trading Guru
Peter Brandt, a respected figure in the trading community, has recently shared his insights on the Bitcoin future price potential. Through a post on X, Brandt ignited discussions within the crypto community by commenting on Bitcoin’s recent attainment of a new all-time high (ATH). More interestingly, he proposed when Bitcoin might scale new historic price heights. Drawing from his experience in market analysis, Brandt speculated that Bitcoin could reach a price mark of $150,000 per BTC by October 2025, a prediction based on an in-depth analysis of Bitcoin’s price behaviour…
“A Who’s Who of Web3”: Sector’s Biggest Names Sign-up to Bionic’s Advisory Board
PRESS RELEASE. Game-changing capital formation platform Bionic DAO today unveiled a list of the big-name sector leaders who have agreed to join its new Advisory Board ahead of the platform’s launch in Spring 2024. The stellar list of names signing up to support Bionic DAO, one of the year’s most eagerly anticipated Web3 projects, has […] Source CryptoX Portal
Shiba Inu Lead Dev Co-Signs Prediction That Would Send SHIB To $100 Billion
Shiba Inu saw a massive rally over the past month, going from below $0.00001 to above $0.00004, just 50% below its all-time high price. This has strengthened bullish resolve among investors in SHIB as crypto analysts continue to call for higher prices, one of which has been co-signed by Shiba Inu lead developer Shytoshi Kusama. Shiba Inu Market Cap Headed For $100 Billion In a post on X (formerly Twitter), crypto analyst Jake Gagain made a very bullish prediction for the Shiba Inu price. According to him, the meme coin…