Abu Dhabi, known for its economic strength in the oil industry, has entered the realm of blockchain technology with a team launching the Venom Blockchain for Web3 application. Over 20 Projects Ready To Launch On Venom Blockchain The Layer 0 (L0) Venom blockchain differentiates itself with an infrastructure capable of processing 100,000 transactions per second while maintaining a low average transaction fee of $0.0002, according to its website. Since its inception, the Venom Blockchain has experienced significant growth, with a market capitalization surpassing $5.2 billion and a trading volume exceeding…
Tag: Optimism
Optimism Finally Starts Testing ‘Fault Proofs’ at Heart of Design – and of Criticism
Optimism and similar rollups aim to borrow their security from Ethereum, meaning recording transactions should be tantamount to writing transactions directly onto Ethereum. Optimism is currently the third-largest rollup network in terms of transaction volume, with $950 million in total deposits, according to DefiLlama. The chain’s technology also powers the second and fourth-largest layer-2 networks, Coinbase’s Base network and Blast, a buzzy newcomer to the rollup race. Source
Cardano Sparks Optimism As Analyst Predicts A Bullish Rally To $3
Breaking through resistance levels, Cardano (ADA) has exhibited remarkable resilience in its recent price surge. Over the past month, the altcoin has demonstrated an impressive 40% increase, indicative of growing investor confidence. This positive trajectory is further highlighted by a steady 2% gain in the past week, emphasizing Cardano’s potential for sustained growth. Bullish Momentum Signals: Analyst Projects ADA To Reach $3 Crypto enthusiasts are turning their attention to Cardano as it approaches a crucial resistance level. Notably, Sssebi, a prominent crypto analyst, is optimistic about ADA’s future trajectory. Drawing…
Market Optimism Peaks as Bitcoin Call Options Aim for $100K Milestone
Following bitcoin’s significant market activity this week, conversations around the bull market have hit a high pitch, with numerous predictions of substantial increases in the leading crypto asset’s price cycle. Evidence indicates that call options, with strike prices ranging from $80,000 to $100,000, are now in the mix, as speculators exhibit strong optimism. Bitcoin Bull […] Original
Optimism Foundation Executes $89 Million OP Private Token Transaction
The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s management of the Optimism network, a blockchain designed to […] Source CryptoX Portal
Optimism Sells $89M OP Tokens in Private Transaction
The tokens have been sold to an undisclosed buyer and will be vested for two years. Source
Hedera, Optimism, and Pullix see uptick in trading amid volatility
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In a shift from typical market reactions, Hedera (HBAR), Optimism (OP), and Pullix (PLX) experience increased trading volumes, highlighting sustained investor interest despite price volatility. Hedera and Optimism showcase significant trading activity, while newly listed DeFi coin Pullix joins the trend with notable momentum, with nearly $3 million in trading volume recorded 48 hours after its listing on Uniswap. Hedera surges in trading activity amid bull market Hedera token…
Speculation and Price Models Fuel Bitcoin Bull Market Predictions Amidst Rising Optimism
This week, bitcoin’s value ascended to the vicinity of $64,000, leading to a widespread belief among observers that the bullish trend has officially commenced. Speculation centers on the exact moment this upward trajectory began, given that bitcoin has appreciated by 46% since the start of the year and 139% over the previous six months in […] Original
Bitcoin Technical Analysis: BTC’s Bullish Rise Continues Amidst Market Optimism
Over the past hour, as bitcoin’s value swings from $62,150 to $62,545 on March 1, 2024, the cryptocurrency market is experiencing a pronounced upward trend. With a trading volume of $55.41 billion over 24 hours and a market cap touching $1.21 trillion, bitcoin’s dominance in the market is clear. Technical indicators, including oscillators and moving […] Original
NuggetRush presale almost sold out; Optimism unveils 4th airdrop as Pyth Network releases spot Bitcoin ETF price feed
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Optimism has distributed 10 million OP as part of its airdrop tailored for web3 artists. In another move, Pyth Network has introduced price feeds for 13 spot Bitcoin ETFs. Meanwhile, NuggetRush’s presale is in the final stages, with less than 50 million NUGX remaining. Less than 50 million NUGX remaining NuggetRush has reached a significant milestone by selling 188 million NUGX out of the 215 million designated for its blockchain ICO phase. …