Author: coinadrenaline
The Ethereum price is drawing attention to its potential future outlook, as a crypto pundit points to a striking resemblance between the altcoin’s price action and Bitcoin’s during the 2015-2017 bull cycle. The analyst’s technical chart analysis suggests that ETH is destined for a breakout to $10,000 this cycle, marking new all-time highs. Ethereum Price Chart Mirror’s Bitcoin Historic Breakout According to Ted Pillows, a crypto pundit on X (formerly Twitter), a comparative analysis of Etheruem’s current price movement and that of Bitcoin during a previous bull cycle highlights a familiar bullish pattern. Based on this past trend, the analyst…
Journalist Posted: February 21, 2025 Canary Capital Litecoin ETF filing could begin trading soon, per analyst. Speculative interest in the altcoin has increased, with nearly $10B in on-chain volume. Canary Capital’s proposed Litecoin[LTC] ETF has been listed on the Depository Trust and Clearing Corporation (DTCC), prompting analysts to speculate that the product could begin trading soon. Bloomberg ETF analyst Eric Balchunas maintained approval odds for LTC ETF at 90%. However, he noted that the DTCC listing was a preparation for an ETF launch, but not an outright approval signal. Source: X LTC ETF speculation On his part, Nate Geraci of…
Breez, in partnership with 1A1z, has released a new report investigating the use of Bitcoin as a payments system and transactional currency. Bitcoin has always been painted as digital gold, that is one of the longest running narratives at this point in terms of what Bitcoin actually is. It does capture the use as a long-term investment or speculative asset, and has been a very helpful aid in getting people over the first hump of basic understanding, but it is by no means a comprehensive explanation of what Bitcoin is. The report dives into multiple factors of Bitcoin’s use as…
Vitalik Buterin has argued that increasing Ethereum’s L1 gas capacity is necessary to support transaction inclusion and application development when most activity occurs on L2. In a new blog post, Buterin outlined calculations suggesting that a roughly 10× expansion in L1 capacity would preserve key network functions even as applications migrate to Layer 2 solutions.The gas limit defines the maximum amount of computational work that can be performed in a single block, setting an upper bound on the transactions and operations processed. Increasing the gas limit expands the protocol’s capacity to process more computational work per block, allowing it to…
Best Cryptos to Buy This Month: Don’t Miss Out on Qubetics ($TICS) After XRP’s Surge No Result View All Result
Japan has approved new stablecoin regulations to increase collateral flexibility and improve user protection during bankruptcy proceedings. Japan Aims to Protect Users The Japanese Financial Services Agency (FSA) has approved measures to make stablecoin collateral management more flexible. The approval also aims to make it easier to protect Japanese users from the transfer of their […]
Monday 8 July 2024 A new case study showcases the successful implementation of cross-chain Delivery versus Payment (DvP) settlement using EEA DLT Interoperability Specification The Enterprise Ethereum Alliance (EEA) today released a new case study today demonstrating a successful implementation of its Distributed Ledger Technology (DLT) Interoperability Specification. The Distributed Ledger Technologies Interoperability Case Study highlights a Delivery versus Payment (DvP) settlement process involving multiple DLT networks. Key highlights of the case study include: Successful interoperability between a private permissioned Corda network for securities management and a private permissioned Ethereum network for payments Implementation of atomic settlement as per the…
Top crypto exchange platforms Coinbase and Binance are adding support for a new artificial intelligence (AI)-focused altcoin. In a new announcement, Coinbase says it is adding support for InfoAI altcoin Kaito (KAITO) on the Base network, the firm’s own blockchain, with an Experimental label. Binance, the world’s largest crypto exchange by volume, also added support for the digital asset as well. The “Experimental” tag was created by Coinbase to designate certain digital assets as riskier, lower-liquidity tokens. News of being added on the exchanges had a reverse impact on the price of KAITO, as the crypto asset is trading for…
Este artículo también está disponible en español. Crypto analyst MadWhale has suggested that the Solana price could witness more downward pressure in the coming days. Specifically, the analyst predicted that SOL was at risk of a decline to $125 as it retests a key support level. Solana At Risk Of A Drop To $125 With Support Retest In a TradingView post, MadWhale predicted that the Solana price was at risk of dropping to as low as $125 with the retest of the $164 price level, which is a key support level on the horizon. The analyst noted that this is…
Devcon has always been a living reflection of Ethereum’s growth, challenges, and community ambitions. It showcases the most pressing topics, the newest innovations, and the people building the future of decentralized technology. As Ethereum grows, so too does Devcon. Two years ago, right before Devcon VI in Bogotá, the Merge took Ethereum’s consensus from proof of work to proof of stake. Devcon VI focused not only on the achievement of this milestone, but also on the next innovations: early Layer-2 development, the introduction of Account Abstraction (AA), and the rise of zero knowledge proofs (ZKPs) as an expansion of Ethereum.…