Over the past week, Ethereum experienced a significant price drop of over 10% despite the launch of several Ethereum ETFs. This unexpected turn of events has transformed the previously strong support level at $3,300 into a resistance level. If buyers fail to reclaim this level soon, there is a possibility that sellers may drive the
During the recent industry day of the annual Bitcoin conference in Nashville, Tennessee, Robert Kennedy Jr., an independent candidate for the US presidency, revealed an ambitious financial policy plan that could potentially transform the United States into the world’s largest holder of Bitcoin. His strategy involves strategic acquisition of Bitcoin, valued at $619 billion, to
On Friday, July 26, a significant number of Bitcoin and Ethereum options contracts are set to expire, with a total notional value of approximately $6 billion. This expiry event is particularly noteworthy due to its size and the timing at the end of the month. The Bitcoin options contracts have a put/call ratio of 0.61,
Planet X is not just any ordinary mobile game; it represents a significant evolution in the gaming industry by combining traditional gaming elements with the latest blockchain technology. The game offers players a unique experience where they can engage in sci-fi shooter missions while also having the chance to earn real-world prizes. This fusion of
The recent cyber attack on WazirX’s multi-signature Ethereum wallet has raised significant concerns within the crypto community. In a blog post on July 25, WazirX stated that its preliminary investigation did not find any evidence of compromise in the machines of the signers. The attack, which occurred earlier this month, led to the theft of
Illuvium, a blockchain-based gaming platform, has recently launched its mainnet for players worldwide. This marks a significant milestone for the project, as it opens up new opportunities for gamers to experience unique and engaging gameplay. Game Experiences Illuvium offers three major gaming experiences under the titles of Overworld, Arena, and Zero. These titles provide players
Cardano (ADA) is currently experiencing a pronounced decline, with its price dropping below the $0.41 mark. This decline is part of a broader trend observed across various altcoins, which have reacted negatively to Ethereum’s significant drop in the last 24 hours. The recent price movement represents a correction from a bullish run that started earlier
Dalmas Ngetich, a seasoned crypto reporter, has made a significant impact in the industry with his unique perspective. With a background in mechanical engineering and over a decade of experience in journalism, he has crafted over 10,000 news and feature articles focusing on NFTs, blockchain, DeFi, and blockchain news. His wide range of topics, including
The on-chain data is showing a significant increase in the accumulation of Ethereum by large investors, known as Ethereum whales. These investors have been actively buying up the second-largest crypto token by market cap, despite the recent price decline in ETH. In fact, data from the market intelligence platform IntoTheBlock reveals that Ethereum whales purchased
Ordlify, a no-code platform for developing Bitcoin Ordinals collections, has recently announced a strategic partnership with Magic Eden, a leading cross-chain NFT marketplace. This collaboration aims to elevate the experience for creators and collectors within the Bitcoin Ordinals ecosystem by leveraging the unique capabilities of both platforms. Through the Ordlify Creator Studio, artists and creators
