Author: coinadrenaline

The launch of the $1 billion bitcoin treasury by Rezolve Ai starting with an initial $100 million investment, aims to support its AI-powered crypto payment platform in collaboration with Tether. The initiative aims to accelerate the mainstream adoption of bitcoin and digital payments in retail commerce. Rezolve Ai Bets Big on Bitcoin With Billion Dollar […]

Este artículo también está disponible en español. On-chain data shows a Bitcoin indicator is currently retesting a level that has historically acted as a boundary line between bearish and bullish momentum. Bitcoin Short-Term Holder SOPR Is Retesting 1.0 Right Now In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in the BTC Spent Output Profit Ratio (SOPR) of the short-term holders. Related Reading The “SOPR” here refers to an on-chain indicator that tells us about whether the Bitcoin investors as a whole are selling or transferring their coins at a profit or…

On-chain data shows Binance has facilitated withdrawals for millions worth of ETH and SOL in the past 24 hours of trading, what could this mean? According to data from Arkham Intelligence, Binance’s holdings has seen a surge in activity in the past day of trading, specifically regarding its Ethereum (ETH) and Solana (SOL) holdings. The largest crypto exchange by daily trading volume has ignited a buzz in crypto trading discourse online when users detected major activity on Binance’s hot wallet. According to on-chain data, in the past few hours Binance’s hot wallet off-loaded at least 103,570 SOL, or equal to…

Este artículo también está disponible en español. Ethereum price started a fresh decline from the $2,850 resistance zone. ETH is down over 10% and is struggling to stay above the $2,500 level. Ethereum is facing an increase in selling below the $2,650 zone. The price is trading below $2,750 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance at $2,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,600 and $2,650. Ethereum Price Takes A Hit Ethereum price failed…

While Bitcoin.com News previously tapped generative artificial intelligence (AI) chatbots to forecast bitcoin’s price trajectory, this time we’ve pivoted to a hotter debate: “Will solana surpass ethereum in market dominance by 2025’s close?” 11 AI Models Weigh In: Is Solana’s Rise a Threat to Ethereum? Amplifying our prior methodology, we queried a myriad of leading […]

Bitcoin (BTC) dropped below $92,000 on Monday as President Donald Trump reaffirmed his administration’s plan to impose tariffs on imports from Canada and Mexico, triggering a widespread sell-off across markets.Based on CryptoSlate data, the flagship crypto fell almost 5% over the past 24 hours to a local low of $90,850 — marking its lowest level since Feb. 2. Bitcoin was down 4.46% over the past day and trading at $91,931 as of press time.The wider crypto market, which was already reeling from the recent Bybit hack, went into freefall as selling pressure intensified after Trump confirmed that the tariffs would…

Oxinfin hacker buys 17,696 ETH worth $49.5 million.  Ethereum investors remain optimistic despite a 3.49% decline over the past day. Over the past week, Ethereum [ETH] has been in the middle of scandals. Following the hack of Bybit days ago, investors’ concerns were shortly addressed, with the ETH supply on the exchange becoming stable again. However, there has been another hack. Hacker buys 17,696 ETH worth $49.5 million In the past day, another concern has faced Ethereum. This follows a new account that was created, and 49.5 million DAI spent on buying 17,696 ETH tokens. At first, Lookonchain reported this…

Toncoin (TON) continues to face a challenging market environment, struggling to reverse its recent downward trajectory. Trading below the $4 mark, the asset’s price performance over the past weeks has remained largely in the red. Amid these conditions, CryptoQuant contributor Darkfost has shed light on some underlying trends, highlighting that long-term investors are still seeing positive returns despite the overall bearish climate. Evaluating TON’s Long-Term Viability and Market Stability According to Darkfost in the post uploaded on the CryptoQuant QuickTake platform, long-term holders—those who have maintained their positions for over a year—are currently enjoying a 69% profit, even as short-term…

12 September 2024 Ethereum Open Community Projects L2 Standards Working Group Vitalik Buterin identified three crucial transitions for Ethereum: scaling through L2 rollups to reduce costs, enhancing wallet security via smart contract wallets for better security and user experience, and advancing privacy through privacy-preserving mechanisms. This article explores how integrating W3C Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs) can address some of these challenges by improving the management of identities, keys, and addresses, leveraging existing decentralized identity solutions to aid Ethereum’s transitions efficiently to move to a more L2-based world. As Vitalik Buterin pointed out in a series of 2023…

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