Author: coinadrenaline
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…
Best 100x Crypto to Invest in Now: BTFD’s 100% Bonus Presale vs. Dogecoin’s Drop and Bonk’s Fading Hype No Result View All Result
The SEC’s Crypto Task Force met with Michael Saylor to discuss a groundbreaking regulatory framework that could legitimize digital assets, fuel market growth, and secure U.S. dominance. Michael Saylor Pushes SEC for a Crypto Framework That Could Change Everything The U.S. Securities and Exchange Commission (SEC) Crypto Task Force met with Microstrategy’s executive chairman, Michael […]
Ethereum community friends, We’re excited to share that the Devcon Supporter Program, which explores new ways to fund Ethereum-related public goods and impactful projects, is BACK for Devcon 7 in SEA. Originally launched at Devcon VI in Bogotá as an alternative to traditional event sponsorships, we’re excited to share more information about this year’s Supporter Program ahead of our journey to Southeast Asia! Inclusivity by design The Devcon Supporter Program is for everyone. When applying, you’ll be able to select to participate either as a Supporter or as an Impact Team. Which is which? If you are a Supporter, seeking…
Coinbase CEO Brian Armstrong says that memecoins are the canary in the coal mine, foreshadowing a broader trend of the tokenization of culture. In a new interview with CNBC, Armstrong says he expects memecoins to eventually lead to the tokenization of identities, votes and art. “Memecoins in the broadest sense, I think we should find a way for artists to get paid. Anyone should be able to put artwork and get paid for it. I do think memecoins are a canary in the coal mine, that more and more of the world is going to get tokenized and put on-chain.…
Bitcoin’s price performance remains under pressure, with the asset experiencing a drop of 2.3% over the past week. This decline pushes BTC’s value even further from its January all-time high of over $109,000. Amid the bearish momentum, analysts are observing signs of renewed interest from retail investors—a critical market segment that could shape Bitcoin’s near-term direction. Bitcoin Retail Demand Slowly Recovers A new analysis by CryptoQuant analyst Darkfost has highlighted a promising shift in Bitcoin’s retail demand metrics. Specifically, the 30-day demand change has climbed back into the neutral zone around 0%, recovering from a highly negative -21% seen late…
The largest financial hack in history could provide a silver lining for Ethereum’s price as Bybit announced a full recovery, Bitfinex analysts wrote. Hackers, believed to be the notorious North Korean group Lazarus, stole nearly $1.5 billion in Ethereum (ETH) and Ether derivatives from crypto exchange Bybit last week. Ethereum’s price, which had shown tepid action before the hack, weakened further due to the Bybit breach and subsequent market volatility. Discussions about the hack’s impact flooded social platforms, but Bitfinex analysts believe Ether’s price could benefit from the incident. “If Bybit needs to replenish customer funds, they may be forced…
Bitcoin currently hovers at $93,983, boasting a valuation of $1.86 trillion and a 24-hour trading volume of $35 billion. Its intraday movement oscillates between $93,607 and $96,480, resting 13.6% beneath its historic price peak. Bitcoin On the BTC/USD 1-hour chart, fleeting fragility persists as bitcoin carves successive troughs and wavers near the $93,607 support. Bears […]
The regulator initiated 125 cryptocurrency-related enforcement actions totaling more than $6 billion in penalties under former Chairman Gary Gensler. U.S. Regulator Abandons Robinhood Crypto Probe Robinhood Crypto (RHC), a division of financial services firm Robinhood, announced on Monday that the U.S. Securities and Exchanges Commission (SEC) has shut down a securities violation investigation it was […]