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Showing posts from February, 2023

Ethereum Is Majorly Bullish in March: Will 2023 Follow Suit?

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The initial few months of any year have historically been good for Ethereum. In February, the largest altcoin has had only one rough instance since 2017. Barring a couple of exceptions in January, March, and April, ETH investors have fetched positive returns on their investments in these months as well. March 2017 has been the best month so far for Ethereum. Its price soared by more than 214%. In all other March cases, the returns have been limited to less than 35%. As far as this year is concerned, ETH rallied by more than 32% in January. Per the thumb rule, it cooled down and consolidated in February and registered a mere 1.2% upward deviation. So, with bulls well-rested now, some kind of action can be expected this month from Ethereum. Source: Coinglass Also read: Ethereum’s ‘Sepolia Shapella’ Upgrade Successfully Executed March will also decide Ethereum’s quarterly returns. At the moment, Q1 2023’s returns stand in the green at 38%, putting ETH in a much better positi

Voyager Dumps Shiba Inu, Ethereum: Selling $100M Assets Weekly

Voyager has been selling assets at a fast pace over the past few days. Watcher Guru reported several such transfers by analyzing blockchain transactions. Now, on-chain data by Arkham revealed that Voyager is currently selling its assets at a rate of $100 million per week. Furthermore, the blockchain intelligence platform noted, “Currently they hold almost $700M in two very large wallets.” As illustrated below, the crypto broking platform’s top holdings include Ethereum [worth $268 million], USDC [$236 million], and Shiba Inu [worth $77 million]. It also owns 148.4 million VGX tokens worth approximately $63 million. Other holdings include LINK [around $13 million], FTM [worth $5.5 million], and APE [worth $5 million]. Voyager continuing to sell assets at a rate of around $100M/week. Currently they hold almost $700M in two very large wallets. Their top holdings: $268M ETH $236M USDC $77M SHIB pic.twitter.com/ZtTQSVJLrJ — Arkham (@ArkhamIntel) February 27, 2023 Also Read: C

Bitcoin Recovers But Stalls Above $23,000 Support Level

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Feb 27, 2023 at 08:41 // Price Author Coin Idol Bitcoin (BTC) price is returning to the uptrend zone as resistance was reached at the recent high. Bitcoin price long-term forecast: bullish The cryptocurrency price is currently moving above the 21-day line SMA. If the price falls back above the 21-day line SMA and finds support there, the upward movement could regain momentum. At the time of writing, the price of one bitcoin is $23,382. The upward movement could first encounter resistance at $24,000. If buyers manage to break through the initial resistance, the B

Bitcoin Price Prediction for Today, February 26: BTC Remains over the $23,000 Mark

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Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Is in a Range as It Remains over the $23,000 Mark – February 26, 2023 BTC/USD is declining and is getting closer to the bearish trend zone as it remains over the $23,000 mark. The Bitcoin asset has fallen below the 21-day line SMA while trading between the moving average lines. The price of Bitcoin will ultimately be forced to move in a range between the moving average lines. When the moving average lines are broken, the largest cryptocurrency will start to trend. Bitcoin Price Statistics Data: •Bitcoin price now – $23,183.34 •Bitcoin market cap – $447,493,756,978 •Bitcoin circulating supply – 19,302,193 BTC •Bitcoin total supply – $486,836,549,444 •Bitcoin Coinmarketcap ranking – # 1 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000 Bitcoin has dropped to a low of $22,873 after being rejected at a high of $25,227. The selling pressure is still present a

Crypto’s Most Promising Green Project is Now Deflationary – Get Your CCHG Now Before They Get Burnt

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Join Our Telegram channel to stay up to date on breaking news coverage The token that powers one of crypto’s most promising green projects just turned deflationary, sparking huge hype amongst its investors. C+Charge, a green web3 start-up that is building a revolutionary new electric vehicle charging payments platform and is currently raising funds via a sale of its CCHG crypto token, just announced a new token burn mechanism. The green crypto start-up will now burn all of the left-over tokens in each of the last eight stages of its presale. For reference, each presale stage lasts one week and C+Charge is in its fourth stage. The first burn took place two days ago, as can be verified on BscScan here. In total, 35,658,291 tokens were burnt – the leftover tokens from stage 2. At the current presale price of 0.017 USDT per CCHG token, that amount to over $600,000 in burnt tokens. Another 35,815,716 tokens, the leftover tokens from stage 3, will be burnt before the end of the four

Investors are Moving Away from Propy to Buy Metropoly

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Join Our Telegram channel to stay up to date on breaking news coverage For a long time, the real estate market has been an attractive option for investment. Still, it has become increasingly difficult to enter due to rising housing prices and stagnant income ratios. Currently, the median house price-to-income ratio in the United States is 7.71, higher than the 2008 economic crisis and 4.4 twenty years ago. As a result, investors struggle to find the security they need for the future. Blockchain technology can disrupt the market and create more equity. As such, there have been several blockchain-based real estate platforms attempting to break open this market for average investors. One well-known platform is Propy, but those interested in this use case have been moving from this to a new one with more Features and capabilities – Metropoly. Here we explain why Metropoly is taking over this niche, including what Features it offers and the details of its presale. Crypto Enthusia

Next 10x Crypto RobotEra Presale Ready to Be a Top Metaverse Token?

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Join Our Telegram channel to stay up to date on breaking news coverage The initiative that is building a new dimension of immersive gaming experiences RobotEra is nearly at the $1 million milestone in its token presale. Prepare for an intense Play-to-Earn encounter, in RobotEra users can explore seven continents representing a variety of ideologies with other players in a shared multiverse. The full RobotEra presale update in the video above, follow his YouTube channel for more crypto presale updates. RobotEra New Metaverse Will Conquer the Gaming Industry RobotEra is developing a brand-new category of interactive gaming experiences that enable players to work together to build anything that they can think of. It will provide players the ability to link their distinctive territories together, opening up countless possibilities for theme parks, museums, concerts, and other events as well as business ventures. The structure of RobotEra is set in the post-apocalyptic world of

Tencent Cloud signs multiple collaboration agreements with blockchain firms

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The Chinese internet giant is launching new Web 3.0 solutions including a Metaverse-in-a-Box product and blockchain API services. According to a press release on Feb. 22, Tencent Cloud, the cloud computing branch of Chinese internet giant Tencent, announced that it had concluded multiple agreements with blockchain firms to support the active development of the Web 3.0 ecosystem. Firstly, Tencent Cloud signed a memorandum of cooperation with decentralized blockchain infrastructure provider Ankr to jointly develop a series of blockchain API services for remote procedure call nodes. The new service will be deployed on Tencent Cloud's infrastructure and will provide connections to mainstream blockchain s building on Web 3.0 games and applications.  Secondly, Tencent Cloud said that it reached strategic cooperation agreements with three other blockchain partners, Avalanche, Scroll, and Sui, to accelerate the adoption of Web 3.0 applications. The cooperation between Tencent Cloud

BTC DeFi Narrative Boosts Altcoins 90% In One Day

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The price of a crypto project that could make Bitcoin (BTC) even more important in the world of decentralized finance (DeFi) is going through the roof. The altcoin RSK Infrastructure Framework (RIF) is now worth $0.15, which is a 90% increase in the last 24 hours. IOVlabs, based in Gibraltar, started the project in 2019 and built a layer-3 protocol on top of BTC. The protocol is meant to make Bitcoin more useful and provide a way for developers and people to use BTC in DeFi apps more easily. Rootstock is a blockchain that tries to combine the security of Bitcoin with the smart contract Features of Ethereum. This platform is built on Rootstock. RIF is becoming more popular at the same time that Bitcoin-based NFTs are becoming more and more popular. The project also put out an updated roadmap on February 6, which showed plans to move several products to the mainnet and launch domain names that use Bitcoin. By market cap, RIF is now the 239th largest

Green Crypto Start-Up C+Charge Aims to Make Electric Vehicle Charging Carbon Neutral – The Next Big Thing?

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Join Our Telegram channel to stay up to date on breaking news coverage Multiple environmentally conscious cryptocurrency projects emerged in 2022. Some have tried to address Bitcoin mining energy issues by making mining greener, and others have established a marketplace for ESG brands. But C+Charge has taken a different route. It aims to fix the current issues plaguing the electric vehicle ecosystem and, in doing so, increase the EV adoption rate across the globe. C+Charge is currently undergoing its presale and is halfway through completing it. You can participate in this project if you want by going to the official website – c-charge.io. Resolving Carbon Footprint Issues on Increasing EV adoption rate Burning one gallon of fuel releases 8.8 kilograms of carbon dioxide into the ecosystem. And when you drive even a mile using vehicles powered by the combustion engine – you emit 404 grams of CO2 in the year. These numbers are quite daunting for the environmentally conscious,

Ethereum's Transition to Proof-of-Stake Yields Deflationary Results

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After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were still under PoW consensus, 1,823,678 ether would have been minted to date. Ethereum’s Negative Annual Issuance and Unlocked Ether in March Could Shift Equilibrium Statistics from the analytics website ultrasound.money show that the Ethereum network is deflationary these days. More than 1.023 million ether is removed from circulation annually, according to metrics following the London hard fork’s implementation of EIP-1559. Since the transition from proof-of-work (PoW) to proof-of-stake (PoS) known as The Merge, the current annual issuance rate is negative 0.057% or -29,797 ether. Data from the analytics website ultrasound.money shows Ethereum’s issuance rate is currently -0.057% per annum on Feb. 2

Israel And UAE Collab In FinTech Is Speed Up By Strong Relation

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Two years have passed since a U.S.-brokered agreement normalized diplomatic relations between Israel and the United Arab Emirates (UAE) in 2020, resulting in the opening of embassies in Abu Dhabi and Tel Aviv and ushering in a new era of bilateral cooperation in trade, security, and financial services. The Abraham Accords have created opportunities for cooperation between enterprises in two of the most creative economies in the Middle East that have the potential to improve their respective technology industries considerably. This month, for instance, it was announced that two Israeli businesses would join the Abu Dhabi Investment Office’s (ADIO) innovation programme, a $545 million initiative designed to encourage global technology companies to extend their intellectual property in the emirate. In addition to being the first Israeli company to join the initiative, the FinTech-focused Liquidity Group will create a research and development facility in Abu Dhabi to d