Celo becomes Ethereum L2 with Optimism rollup implementation

Celo, the blockchain network launched in 2020, has officially transitioned from a layer-1 chain to an Ethereum layer-2 protocol. Celo announced the successful transition in a March 26 X post, stating that “Celo is officially an Ethereum layer 2” protocol. In the thread, the organization claimed the new protocol features one-second blocks, sub-cent transaction costs, and Tether’s USDt (USDT) and USDC (USDC) as gas. Celo first proposed this transition in the summer of 2023, and it is now completed after block production on the old layer-1 platform halted and continued on the…

Binance Wallet Insider Trading Scandal. Here’s Why Investors Love Best Wallet Token

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A whistleblower at Binance has revealed details of insider trading and front-running by an internal team member. We look at how the news could impact presales like the Best…

Solana Tags Upper Bollinger Band For First Time Since ATH — Is Momentum Returning?

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Solana (SOL) is showing early signs of recovery after enduring several days of selling pressure and heightened volatility. The altcoin is now trading above the $135 mark, a psychological…

Arbitrum co-founder skeptical of move to based and native rollups: Steven Goldfeder

Offchain Labs CEO Steven Goldfeder’s crypto origin story is classic geek gold. As a student at Princeton, he first heard about Bitcoin in 2013 during a visit day at Princeton. Professor Ed Felten — the future inventor of rollups on Ethereum, co-founder of Arbitrum and a White House science advisor — gave a five-minute lightning talk about the cost of a government destroying Bitcoin.  Goldfeder’s curiosity was instantly piqued, and that night, other students hosted a poker game with a half-BTC buy-in. As he says: “That was back in the…

Cardano (ADA) Price Eyes $2 Breakout as Key Metrics Show Bulls in Charge

Key Notes Cardano traders are in action with a massive 6% in the past week. Despite volatility, ADA proponents are confident a $2 price breakout is likely. Cardano’s growth hinges on the Bitcoin recovery as showcased by its growth above $88,000 . Cardano ADA$0.7624h volatility:1.4%Market cap:$27.46 BVol. 24h:$900.22 Mis in the spotlight again as its price is gaining momentum, fueling a potential breakout projection for the coin. Cardano has seen its trading volume increase, more fund inflows, and a growing futures market, setting it up for a possible push to the…

Firms without business models ‘buy Bitcoin’ — Angel investor Jason Calacanis

Prominent US-based angel investor Jason Calacanis poked fun at GameStop’s decision to invest in Bitcoin. In a March 26 X post, Calacanis suggested that buying Bitcoin (BTC) was a solution well-suited for public companies that do not have a suitable business model: “If you’re a public company that can’t figure out a business model, buy Bitcoin! This might actually be great advice if [Strategy co-founder Michael Saylor] is gonna buy $1T in Bitcoin.” Still, Tomas Fanta, principal at crypto investment firm Heartcore, told Cointelegraph that there are tangible long-term benefits…

Meltem Demirors On Crypto Rally: ‘Are We So Back? Not So Fast’

Over the past two weeks, Bitcoin and the broader crypto market have seen a slight recovery. However, Crucible Capital General Partner Meltem Demirors struck a cautious tone on the future of the crypto rally. In an interview on Bloomberg on March 25, Demirors addressed everything from trading volumes and ETF inflows to concerns about “hidden leverage” in the crypto ecosystem. “It’s a tale of two cities. Sentiment is positive. You see a lot of enthusiasm about the Trump administration policy direction,” she said, referencing the renewed buzz around crypto in…

Bitcoin Market Could Heat Up as Prices Approach $90K

As bitcoin’s (BTC) recovery rally continues, $90,000 is now the key level where things could get interesting. The projection is based mainly on the current positioning of options market makers. Market makers, also known as dealers or MMs, are responsible for providing liquidity to the order book. They occupy the opposite side of investors’ trades and work to maintain a market-neutral exposure by hedging in spot and futures markets. They make money off the difference between what they pay for an asset and how much they sell it for, known…

What is mining difficulty? Guide to Bitcoin mining difficulty

While the costs of Bitcoin mining can be very high, the return on investment (ROI) is even higher for major operations with huge mining capacity. Therefore, a solo crypto investor must understand the workings of mining before diving into this world. This guide will explore one of the most prevalent terminologies in the mining industry, Bitcoin (BTC) mining difficulty. What is it, and what are its benefits? What is BTC mining difficulty? BTC mining difficulty is a measure of the complexity of mining BTC. It indicates how hard it is…