Ethereum has been facing significant selling pressure, struggling to recover from the weakness experienced in early August. Despite sporadic moments of strength post the sell-off on August 5, Ethereum’s prices are still hovering below the $2,800 mark. The daily chart shows some bullish resilience, with buyers managing to withstand the selling pressure and keeping prices
The Bitcoin market is known for its extreme volatility, with the price of the cryptocurrency fluctuating wildly from month to month. Investors and analysts often look at historical data to try to predict the future performance of Bitcoin, but even with years of data available, it remains a challenging task. As August comes to a
Bitcoin, the leading cryptocurrency, has had quite the rollercoaster ride over the past week. After a significant drop in price, bitcoin rebounded and surged to a weekly high of nearly $62,000. This sudden increase was accompanied by gains in other major altcoins such as TRX, TON, LINK, UNI, and MATIC. The volatility of bitcoin is
The Indian government is gearing up to implement extensive regulations for the cryptocurrency sector, as reported by local media on August 22. It has been revealed that the first course of action will involve releasing a consultation paper in the next few weeks to seek feedback from key stakeholders. This move underscores the government’s dedication
Base, the Ethereum Layer 2 network incubated by Coinbase, has been making significant strides in the Layer 2 network landscape. Recent data from IntoTheBlock has revealed that Base now has nearly 40% more daily active addresses compared to its competitors Arbitrum and Optimism. This growth signifies Base’s increasing dominance in the Layer 2 space and
Coinbase, the popular cryptocurrency exchange, has made an announcement that is set to have a significant impact on the Ethereum layer-2 network Polygon. The exchange revealed its plans to support the planned token upgrade from MATIC tokens to the new Polygon Ecosystem Token (POL). This move signifies Coinbase’s commitment to staying at the forefront of
Recent analysis by Willy Woo has highlighted the bearish trend in Bitcoin inventory on exchanges, attributing it to an influx of around 100,000 BTC from government sales and Mt. Gox distributions. Speculation in the market has led to the creation of paper Bitcoin, referring to derivatives that do not involve direct ownership of the asset.
The gaming industry is constantly evolving, with new technologies and partnerships shaping the future of gaming experiences. Aethir and Return Entertainment have recently joined forces to offer cloud-based gaming experiences directly in your living room. This collaboration between Aethir, a leader in enterprise-grade GPU services, and Return Entertainment, a player in cloud-native gaming, brings a
The Bitcoin price has experienced numerous bull and bear cycles throughout its existence, each with its own unique characteristics and trends. As such, market analysts often rely on historical data to make predictions about the future performance of the cryptocurrency. One prominent analyst, PlanB, recently shared insights on social media regarding the current state of
Ronaldo is not just your average crypto enthusiast – he is a dedicated individual who has immersed himself in the world of cryptocurrencies for over five years. His journey began out of curiosity, but soon evolved into a deep passion for understanding the intricacies of this groundbreaking technology. Ronaldo’s commitment to staying up-to-date with the
