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Bitcoin prices are rebounding from 10-day lows as traders try to gauge short-term direction amid a “liquidity hunt” after reaching near-all-time highs last week.The asset traded relatively flat on the day at around $67,500, after falling to just $65,160 on Thursday, according to CoinGecko data. This comes as the price of Bitcoin topped $69,000 on Sunday, leaving the asset's all-time high set on March 14 at just over $73,700.This has led some experts to speculate that this week's decline in assets may have been short-lived.Ryan McMillin, chief investment officer at crypto fund manager Merkle Tree Capital, said: “We don't necessarily…
The academy's curriculum includes diplomas and courses in blockchain development, global trading, and crypto asset management. Featuring more than 14 expert facilitators, the academy is integrated into UCAB's research and drives innovation beyond traditional bias. On October 23, 2024, Universidad Católica Andres Bello (UCAB) in Venezuela launched the Blockchain, Trading and Cryptography (BT&C) Academy. This new initiative is located at UCAB's Montalban campus and is designed to provide extensive training in cryptocurrency and blockchain technology. The Academy aims to integrate both theoretical knowledge and practical skills in these rapidly evolving fields. The BT&C Academy was founded under the leadership of…
Ethereum, the world's largest smart contract platform, is expanding after years of improvements. However, it doesn't scale the way most decentralization purists would like. The network seeks to accommodate all users, but currently primarily relies on off-chain solutions using rollup technology to process more transactions and reduce the load on the mainnet. . Ethereum layer 2 boom As a result, Layer 2 platforms have boomed. According to L2 beatall these off-chain solutions that extend Ethereum manage over $37 billion in assets. The largest of these is Arbitrum, which manages more than $13 billion. Despite the boom, the issue of decentralization…
Ripple CEO Brad Garlinghouse predicts that the crypto industry will undergo a reset regardless of the outcome of the US election. Speaking at the 8th Washington DC FinTech Week, Garlinghouse criticized the current Biden administration for being “hostile” towards the cryptocurrency industry. He noted that a “reset” is expected regardless of a presidential victory for Donald Trump or Kamala Harris. Ripple CEO predicts shift to cryptocurrencies after US election, criticizes Biden administration in recent appearances At Washington D.C. Fintech Week, Ripple CEO expressed optimism about improving crypto regulation after the US election. Garlinghouse said the crypto industry will experience a…
After the Federal Reserve decided to cut interest rates in September, Bitcoin has been on a volatile but mostly bull market. Analysts and investors are currently patiently waiting for the next rally as BTC recently stopped at the $69,400 level and has found strong support near $66,000. This level is important because it can determine Bitcoin's next price move. CryptoQuant’s key data shows that Bitcoin’s average profitability index is currently 202%, meaning the price is approximately double the realized price. This indicator gives confidence to investors and traders who expect Bitcoin to continue rising. Profitability remains well below the level…
Ethereum price could be poised for a historic rally, according to crypto analysts, using technical analysis to push up to $10,000 per ETH from the cryptocurrency's current price of $2,570. It has been pointed out that it will rise to After breaking out of an uptrend line pattern formed by symmetrical triangles, analyst Trader Tardigrade wrote in a post to his more than 60,000 followers on microblogging platform X (formerly Twitter) , predicted that Ethereum's price could reach a high of $10,000. The trader noted that the first time Ethereum price broke out of such a structure, it rose 70%,…
Ethereum co-founder Vitalik Buterin announced the latest roadmap phase, “The Verge.” This proposes a breakthrough shift in blockchain technology that would enable transaction verification on previously unimaginable devices as small as smartwatches.In a detailed blog post on Oct. 23, Buterin explained that The Verge combines two key innovations: stateless clients and cryptographic SNARKs (Succinct Non-interactive Arguments of Knowledge).stateless clientThe stateless client is designed to act as a complete validation node without requiring extensive hardware and requires only a few gigabytes of storage. This approach is in contrast to the current Ethereum blockchain, which is over 1 TB and is resource-intensive…
Bitcoin (BTC) is showing signs of positive price momentum for the first time since June, as it firmly breaks through the $69,000 price range and is poised to move into a “euphoric bull market.”According to Glassnode's latest “Week Onchain Newsletter”, the recent rally has seen Bitcoin's spot price break through key technical and on-chain price levels, with many investors' positions reverting to unrealized gains and driving market sentiment. It is said that there is a possibility that it will be boosted.The AVIV ratio, a key on-chain metric that assesses unrealized gains and losses for active investors, remains constructive, suggesting profitability…
Ripple CEO Brad Garlinghouse on Wednesday made his most positive comments yet regarding Democratic presidential candidate Kamala Harris, as he sought to uphold the company's official neutral stance on the 2024 U.S. presidential election. Ta. During a stage appearance at DC Fintech Week This afternoon, crypto industry executives praised what they considered Harris' approach to digital assets to be sophisticated, in contrast to the strategy of her election opponent, former President Donald Trump. It seems so. “Obviously, Mr. Trump came out very aggressively early on and said he was the crypto president,” Garlinghouse said. “Kamala and Team Harris have become…
Wired reports that Peter Todd has gone into hiding due to a flurry of funding requests and potential threats from people who believe he owns Bitcoin founder Satoshi Nakamoto's multi-billion dollar fortune. This highlights the real-world danger of such public suspicions. But Todd tweeted that Wired's claims were “exaggerated” and cited his appearance at this week's conference as proof of that. A recent documentary by Karen Hoback suggested that Todd may be Nakamoto (something Todd denied). Bitcoin developer Peter Todd, identified as Satoshi Nakamoto, the network's pseudonymous creator in the much-hyped yet much-maligned HBO documentary Money Electric: The Bitcoin Mystery,…