How Vitalik Buterin’s Layer 2 Solutions Extend Ethereum’s Culture and Innovation?
Vitalik Buterin argues that Layer 2 solutions are more than just a technical scaling solution for Ethereum. They also play an important role in fostering the cultural development of the network. Layer 2s act as a breeding ground for different subcultures within Ethereum, each with its own values and...
04 June 2024
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andrew strauss
Top 10 Layer 1 Blockchain to Watch in 2024
Layer 1 blockchains are foundational to decentralized ecosystems, providing essential security, scalability, and interoperability.
Bitcoin, the first cryptocurrency, serves as both a digital currency and a base for various applications. Ethereum excels with its smart contract technology a...
03 June 2024
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andrew strauss
PEPE Becomes Most Profitable Memecoin with 96% Holders in Profit
PEPE, a leading memecoin, has achieved a 90% monthly return, with 96% of holders profitable despite market volatility.
This places PEPE ahead of other memecoins. Despite an 11.70% drop, PEPE’s market cap is $5.6 billion.
From July 2023 to May 2024, PEPE’s profitability...
31 May 2024
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andrew strauss
Bitcoin set for breakthrough, targets $87K, says analyst.
Bitcoin is currently consolidating in the “golden pocket” of the Fibonacci retracement, suggesting significant future price movement, according to crypto analyst Charting Guy. This key area often precedes major price shifts, and Charting Guy predicts a potential breakout.
Bitcoin&...
29 May 2024
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andrew strauss
Bitcoin Dominance Hits Critical Point as RSI Indicates Bearish Crossover
Bitcoin Dominance ($BTC.D) is currently facing critical resistance at 53.95%, amidst a long-term downtrend that began in 2017. According to Charting Guy, an analyst on X, the monthly Relative Strength Index (RSI) is poised to turn bearish for the first time since January 2021. This development could...
24 May 2024
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andrew strauss
WisdomTree Secures FCA Approval for Bitcoin and Ethereum ETPs on London Stock Exchange
WisdomTree, a prominent ETF and ETP firm based in New York, has received approval from the British FCA to list physically backed Bitcoin and Ethereum ETPs on the London Stock Exchange (LSE).
This milestone, highlighted by Alexis Marinof, head of Europe at WisdomTree, marks a significant advan...
24 May 2024
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andrew strauss
Whale Transfers $52M in RNDR Tokens Amidst Market Corrections
A whale recently moved 4.89 million RNDR tokens, valued at $52.1 million, to an unknown wallet, highlighting the ongoing volatility and investor interest in AI-driven cryptocurrencies on the Render Network. This significant transaction, reported by Santiment, underscores the heightened on-chain acti...
23 May 2024
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andrew strauss
VanEck Ethereum Spot ETF Listed on DTCC, Awaiting SEC Approval
VanEck’s Ethereum spot ETF is now listed on the Depository Trust and Clearing Corporation (DTCC), marking a crucial step towards potential SEC approval. The listing under the ticker ETHV is a significant milestone for VanEck and the broader cryptocurrency investment landscape. The SEC’s...
22 May 2024
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andrew strauss
Whale Activity Spurs Potential Reversals for Optimism and Chiliz
Optimism (OP) and Chiliz (CHZ) are witnessing significant whale activity, suggesting potential price reversals and market volatility. Data from Santiment reveals increased transactions by large holders on these networks, indicating possible major market movements ahead.
This rise in whale trades al...
21 May 2024
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andrew strauss
Top Crypto Custody Service Providers in 2024
As the cryptocurrency market continues to expand, the importance of secure and reliable crypto custody services becomes increasingly evident. These services play a critical role in safeguarding digital assets through a range of offerings including cold storage, risk management, and online security s...
13 May 2024
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andrew strauss
Asset Transfers to Solana- An Easy Guide
Bridges play a crucial role in the blockchain ecosystem, acting as conduits that enable the smooth transfer of assets and information between different blockchain networks. Solana, known for its low transaction costs and scalability, benefits greatly from bridges that facilitate interoperability wit...
13 May 2024
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andrew strauss
Bitcoin Booms, Ethereum Lags As Short-Term Holders Hold the Key: What’s Next?
Ethereum’s underperformance compared to Bitcoin is evident in deeper drawdowns and subdued capital inflows. Bitcoin’s resilience post-halving contrasts with Ethereum’s struggles to maintain momentum. Investor positioning metrics like Net Unrealized Profit/Loss (NUPL) highlight widening gaps between...
08 May 2024
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andrew strauss
Shibarium Hard Fork Marks a Milestone in Shiba Inu Ecosystem
The team behind Shibarium has announced an upcoming hard fork aimed at enhancing the layer-2 scaling solution. This critical update, outlined in SHIB Magazine, focuses on improving transaction processing and network performance, marking a significant milestone in Shibarium’s development.
The...
03 May 2024
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andrew strauss
Ethereum experiences record-low gas fees amid ETF uncertainty.
Ethereum (ETH) has recently exhibited subtle yet noteworthy shifts in its market value, reflecting broader economic indicators and changing market sentiment. Priced at $3,203.90, ETH experienced a slight weekly increase of 0.27% but faced a 3.28% decline in the last 24 hours. These movements align w...
29 April 2024
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andrew strauss
Hong Kong approves Bitcoin, Ethereum ETFs. What’s next?
Hong Kong’s approval of Bitcoin and Ethereum ETFs marks a significant step in democratizing crypto access. The move aligns with the region’s ambition to become a leading digital asset hub. With notable entities entering the space, including China Asset Management and Bosera Capital, the...
15 April 2024
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andrew strauss
Shiba Inu Community Sets Crypto Ablaze As Burn Rate Skyrockets by 48,554.74%
The Shiba Inu (SHIB) community has recently ramped up its efforts to burn meme coins, aiming to decrease token supply and potentially increase value. This surge in burning activity, exemplified by a significant increase in transfers to “inferno” wallets, underscores the community’s...
12 April 2024
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andrew strauss
Bitcoin Trader Discloses $5.7M Shiba Inu Profit Alongside Meme Coin Success
In the early hours of today, the Shiba Inu community was rocked by a significant transaction as a whale wallet absorbed a staggering 692.4 billion Shiba Inu tokens from Crypto.com, making it the largest such transaction of the month. Valued at over $19.26 million and occurring at 3:18 AM (...
10 April 2024
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andrew strauss
Massive whale transaction: 692.4 billion SHIB moved from Crypto.com.
The recent acquisition of a massive 692.4 billion Shiba Inu tokens by a whale wallet from Crypto.com has stirred significant interest within the Shiba Inu community. Valued at over $19.26 million, this transaction is the largest of its kind this month, hinting at potential long-term storage strategi...
09 April 2024
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andrew strauss
Etherscan Hit by Phishing Ads: Crypto Users Targeted Across Web
The proliferation of deceptive advertisements and phishing scams targeting cryptocurrency users has raised significant security concerns within the community. McBiblets’ discovery of malicious ads on Etherscan, coupled with Scam Sniffer’s findings of widespread phishing scams a...
09 April 2024
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andrew strauss