The war time conference brought together 30 tech experts, the most high profile of them being Buterin and two government officials – Mykhailo Fedorov, the country’s vice prime minister and Digital Transformation Minister for IT Development, and Alex Bornyakov, Fedorov’s deputy and the face of Ukraine’s use of crypto. Source
Singapore-based digital assets exchange Crypto.com is adding support for the native asset of a new non-fungible token (NFT) platform. The exchange’s customers can now trade the native token of Minted (MTD) a Cronos Labs startup that allows users to list and purchase more than 10 million NFTs on the Cronos (CRO) and Ethereum (ETH) blockchains. Cronos powers the Crypto.com payment, trading and financial services platform, and Minted launched its commercial platform in August in partnership with the exchange. The NFT collections launched on Crypto.com/NFT and minted on Cronos will be…
Bitcoin have retreated to a crucial area of support that served as the upper limit of the negative movement in late June at the 18,000 range. Bitcoin Breaks Crucial Level After falling below the bear flag at the middle of August, prices were able to fall further on a break of 20,000 before reaching a crucial area of support at around 19,600. Although it has just returned to action, this level has also served as a critical source of resistance for the leading cryptocurrency since 2017. BTC/USD falls below $20k.…
The price of Polygon (MATIC) has struggled to stay above the key support zone of $0.8 as the price of Bitcoin (BTC) showed indecision for weeks as the price moved in a range for weeks between $19,500-$20,000 with the price stalling on the next movement. This has affected the price of altcoins, including Polygon (MATIC), as prices dropped below $0.8 but reclaimed that region quickly. (Data from Binance) Polygon (MATIC) Price Analysis On The Weekly Chart The price of MATIC has had a difficult time replicating its bullish move that…
The price of Bitcoin (BTC) showed indecision for weeks as the price moved in a range for weeks between $19,500-$20,000, with the price stalling on the next movement. Despite so many expectations of the price having a short squeeze to a range of $21,600 before Bitcoin (BTC) next moves down, this wasn’t the case as the price broke below key support of $19,000. (Data from Binance) Bitcoin (BTC) Price Analysis On The Weekly Chart Weekly BTC Price Chart | Source: BTCUSDT On Tradingview.com The price of BTC has had difficulty…
Ethereum Classic (ETC) price rallied on Sept. 5 on back-to-back positive reports concerning its adoption among crypto miners. Top mining pool supports Ethereum Classic On the daily chart, ETC’s price surged 14.5% to nearly $37.25 per token. Its massive gains came days after BTC.com, a blockchain explorer and crypto mining pool, launched a specialized Ethereum Classic pool with “zero-fee” mining for three months. ETC/USD daily price chart. Source: TradingView The announcement appeared after “the Merge,” a long-awaited network update that would switch Ethereum’s energy-intensive proof-of-work (PoW) protocol to a “cost-efficient” and…
Ethereum price has been trying to secure small gains over the last 24 hours. In the past week, the king altcoin brought home gains which were close to 6%. At the current moment, however, the coin was mostly moving laterally. Ethereum price had also broken below its head and shoulder pattern as seen in the chart below. This pattern is related to bearishness. In accordance, the buyers were low in the market. The technical outlook also continued to look weak on the one-day chart. Broader market weakness has caused many…
MATIC has spiked by as much as 6% today with the crypto landscape having an optimistic vibe the entire week. MATIC looking positive with a surge of 6% Polygon performance improves following announcement of Robinhood’s support for Polygon transactions Around 18 million MATIC transactions made after Robinhood partnership announcement Polygon (MATIC) is dubbed to be the top performer when pitted against the top 20 cryptos in terms of market capitalization as seen in the past three months. In fact, MATIC was able to beef up its value by 6% in…
Bitcoin (BTC) returned to $20,000 on Sept. 2 amid renewed bets on a “short squeeze” higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader eyes $20,700 short squeeze trigger Data from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering from another dip below the $20,000 mark on the day, continuing rangebound behavior. The pair gave little insight into which direction the next breakout could be, with opinions differing on the surrounding environment. Amid downside pressure on risk assets and a strong United States dollar, overall consensus appeared to favor long-term…
As the date for the Ethereum Merge approaches, nonfungible token (NFT) marketplace OpenSea has announced that it will focus on supporting only the NFTs that are on the upgraded proof-of-stake (PoS) blockchain. In an announcement on Twitter, the NFT marketplace said that while their team is not speculating on any potential forks, it clarified that if there are forked NFTs, they will not reflect on OpenSea as the platform will only support the upgraded chain. The NFT marketplace also highlighted that its team is preparing the NFT trading platform for…