Author: cryptotechbro
Ethereum remains by far the largest smart contracts platform by market cap. Perched at second in the market cap leaderboard, the network hosts dapps cutting across multiple sectors. While the Metaverse, gaming, and NFT activities have since dissipated, DeFi stands, looking at the steady recovery in total value locked (TVL), according to DeFiLlama. DeFi Leads In Ethereum Gas Fees Generation The dominance of DeFi in Ethereum goes on to show smart contracts and decentralized ledgers have revolutionized finance. To confirm this position, especially looking at trends in gas fees and the primary source over the years, the managing partner of…
XRP price gained pace and was able to clear the $0.600 resistance. The price is up over 10% and is now consolidating gains near $0.6450. XRP price started a fresh increase above the $0.600 resistance zone. The price is now trading above $0.6250 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $0.6500 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.6500 and $0.6550 resistance levels. XRP Price Settles Above $0.60 XRP price started a major increase above…
XRP price is up today and its market structure suggests the altcoin could move higher.
BlackRock, the world’s largest asset manager, is currently generating significant interest within the investment community with its most recent report, “Bitcoin: A Unique Diversifier.” This document emphasizes the potential of Bitcoin as a unique asset class that can improve portfolio diversification. BlackRock manages assets valued over $10 trillion, therefore their advice is quite important. The company contends that the distinctive features of Bitcoin, such as its distributed nature and fixed number, set it apart from other conventional financial assets. BlackRock’s effectively launched Bitcoin exchange-traded fund (ETF) currently boasts holdings of around $21 billion. Originally introduced earlier this year, the ETF…
The US is in danger of being left behind by more progressive jurisdictions in Asia, Europe and elsewhere.
Dogecoin (DOGE) whales are returning, taking the spotlight in the crypto market with a recent 1.4 million DOGE purchase worth over $140 million. This massive buy has caught the attention of the broader crypto community, triggering possibilities of a bullish turnaround for the popular meme coin. Dogecoin Whales Scoop Up 1.4 Million DOGE New reports from crypto analyst Ali Martinez via X (formerly Twitter) have confirmed that Dogecoin whale activity is on the rise. Martinez revealed that a group of Dogecoin whales are showing renewed interest in the popular doggy-themed meme coin, purchasing over 1.4 billion DOGE tokens valued at…
The Bitget Wallet team said in a press release that the new integration opens up Telegram to the broader Web3 space.
If we claim to be an improvement on traditional finance, we had better start playing the part. It’s clear how Bitcoin fixes rampant monetary discretion. It’s clear, too, how Bitcoin changes your relationship with money—both financially because you’re more inclined to save an appreciating asset—as well as physically because you can do novel things like hold the GDP of a small island nation on a USB. There is one thing, however, that is slowly gaining acceptance and needs to be accepted if we are to truly improve on the mistakes of the past, and that’s Proof of Reserves. Bitcoin has…
Shiba Inu ecosystem is gearing up for another significant milestone as the project’s team hints at the potential launch of a new stablecoin, sparking a wave of excitement within the entire SHIB community. Given that stablecoins are essential for providing price stability and improving utility, this announcement has generated a lot of speculation regarding the project’s future steps. Upcoming Stablecoin To Boost Shiba Inu Ecosystem Lucie, a key member and Shiba Inu’s head of marketing, recently posted on the X (Twitter platform) that the team plans to introduce the new stablecoin SHI within the ecosystem. This move is part of the…
PRESS RELEASE — Orion Corporation and Aitia, an AI-enabled biotechnology company and the leader in the development and application of Causal AI and “Digital Twins” to discover and develop new drugs, announced today that the companies have entered into agreement to create new Gemini Digital Twins to help in the fight against cancer. Cancer is a critical global health issue, affecting millions of people worldwide and imposing a significant burden on healthcare systems. In 2022 alone, nearly 20 million new cancer cases were diagnosed, with 10 million lives lost to the disease1. The global cancer burden is projected to rise…