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Month: October 2023

cryptocurrency October 12, 2023

Advertisements Building a decentralized exchange on Bitcoin would be a “step backward,” for example, said Bitcoin developer Super Testnet. One of the developers working on “BitVM” — a Bitcoin-based virtual machine — reiterates the tech is intended to scale Bitcoin rather than launching Ethereum-like decentralized finance applications on the network. BitVM’s whitepaper was released by […]

cryptocurrency October 12, 2023

Cardano founder Charles Hoskinson recently gave his thoughts on whether the US Securities and Exchange Commission (SEC) had given Ethereum a regulatory free pass as recent rumors suggest.   Advertisements Cardano Founder Alleges Favoritism Toward Ethereum In an AMA session shared on X (formerly Twitter), Hoskinson mentioned that the Himman emails and other revelations expose the […]

cryptocurrency October 12, 2023

Advertisements ETH at crossroads after retesting key support range. Bulls struggle to secure dominance as the market remains fearful. ETH might be ripe for a mid-October bounce now that it has been in a bearish pattern since the start of the month. This is not just an assumption but a convergence of multiple observations suggesting […]

cryptocurrency October 12, 2023

International bank Standard Chartered has made a bold price prediction for the world’s second-largest crypto asset, Ethereum. However, it looks like a lot of ‘hopium’ considering the asset’s current market action, so how feasible is it? Advertisements On October 11, Standard Chartered analysts predicted that Ethereum prices could hit $8,000 by the end of 2026. […]

cryptocurrency October 11, 2023

On-chain data suggests an Ethereum close under the $1,530 level could lead to a significant drawdown for the cryptocurrency. Advertisements Ethereum Support Levels Below $1,530 Are Very Thin Currently In a new post on X, analyst Ali has discussed what the support and resistance levels of Ethereum are looking like right now. These support and […]

cryptocurrency October 11, 2023

Advertisements Ethereum’s correlation with Bitcoin hit a yearly low of 0.61. Subdued Ethereum spot trade volume and waning whale interest contrasted with Bitcoin’s resurgence. In the midst of the ever-fluctuating cryptocurrency landscape, Ethereum[ETH] appeared to be facing ongoing challenges, in contrast to Bitcoin’s recent resurgence. Is your portfolio green? Check out the ETH Profit Calculator […]

cryptocurrency October 10, 2023

Advertisements Botanix Labs founder Willem Schroé argues a “huge amount of value” from real-world assets will be captured on Bitcoin, provided it connects to the Ethereum Virtual Machine. Mainstream Bitcoin (BTC) adoption won’t happen until it bridges to the Ethereum Virtual Machine (EVM) — the first point of entry for many real-world assets moving on-chain, […]

cryptocurrency October 10, 2023

The price of Ethereum has experienced a notable decline following a major Ether sale this week. The unexpected decrease has left the crypto community anxious about the stability of the world’s second-largest cryptocurrency and the long-term effects of the decline.  Advertisements Ethereum Price Drops After Large-Scale Ether Swap On Monday, October 9, the price of […]

cryptocurrency October 10, 2023

Advertisements The non-profit arm of the Ethereum Foundation sold some of its holdings. Traders opened more short positions moments after the sale. On-chain data from Arkham Intelligence showed that the Ethereum [ETH] Foundation sold 1,700 ETH, and exchanged it for 2.7 USD Coin [USDC] on 9 October.   How much are 1,10,100 ETHs worth today? According […]

cryptocurrency October 10, 2023

Advertisements The author of the white paper, Robin Linus, based BitVM’s architecture on Ethereum’s optimistic rollups with fraud proofs and recent Merkle tree developments. A Bitcoin developer has proposed a new way to bring more expressive off-chain smart contracts to Bitcoin (BTC) without needing a soft fork. Announced in an Oct.9 white paper titled “BitVM: Compute […]