Author: admin
Ethereum (ETH) is at a critical juncture, with co-founder Vitalik Buterin announcing ambitious plans while the cryptocurrency's price performance remains sluggish. Despite the recent price correction, on-chain metrics and institutional investor interest point to bullish potential in the long term.ETH/USD price fluctuation and technical analysisEthereum is currently in a correction, trading around 3% lower after an impressive 11% rally last week and testing the downtrend line. The cryptocurrency is facing immediate resistance at $2,820, with the next key resistance level at $2,927. The RSI indicator on the daily chart is currently at 60, down from an overbought condition of 70,…
Looking at engagement levels over the past few months, Solana has emerged as one of the most active networks. Despite concerns surrounding FTX and whether the asset distribution will lead to a fire sale, bulls are optimistic about what lies ahead. Holders expect SOL price to rise in the coming days for multiple reasons. “Uptober” excitement may be something to consider, but it’s all about on-chain activity and directly correlates to SOL demand. Solana overturns Ethereum and Layer 2 in transaction volume In a post about X, one analyst said memo Solana is said to be recording more volume than…
The role of PAMM, MAM, and copy trading in your business growth strategy | Webinar The role of PAMM, MAM, and copy trading in your business growth strategy | Webinar The role of PAMM, MAM, and copy trading in your business growth strategy | Webinar The role of PAMM, MAM, and copy trading in your business growth strategy | Webinar The role of PAMM, MAM, and copy trading in your business growth strategy | Webinar The role of PAMM, MAM, and copy trading in your business growth strategy | Webinar The copy trading market is expected to double in size,…
6:05 ▪ 3 Minimum read time up to ▪ Micaiah A. At least for now, Ethereum's price has not lived up to expectations. While the world's second-most valuable cryptocurrency struggles to excite investors, its co-founder Vitalik Buterin is focused on ambitious projects that could reshape the future. I'm guessing. At the 10th Global Blockchain Summit, he shared his plans for Ethereum, including a record speed of 100,000 transactions per second and other promising innovations. More ambitious goals for Ethereum Vitalik Buterin announced clearly. Ethereum's big ambitions At the Global Blockchain Summit held in Shanghai on October 17th. The priorities are:…
Japanese law enforcement has arrested 26-year-old Yuta Kobayashi on suspicion of leading a group that defrauded people of 100 million yen ($663,000). Officials claimed to have traced Monero transactions used for money laundering. Kobayashi and his group attempted to launder the proceeds of non-cryptocurrency crimes through Monero and several other methods, but it is unclear how Japanese authorities tracked these Monero transactions. Kobayashi's fraud ring According to recent reports, Nihon Keizai ShimbunJapanese police have arrested 26-year-old Yuta Kobayashi on suspicion of fraud. Kobayashi and his group of at least 18 alleged co-conspirators created fake product listings on the cryptocurrency-friendly marketplace…
In a first for Japanese law enforcement, authorities tracked and analyzed Monero (XMR) transactions and arrested 18 suspected fraudsters. The suspected leader of the group, Yuta Kobayashi (26), has been charged with money laundering through Monero and computer fraud using stolen credit card information. Money laundering activities through Monero According to a recent report by local media outlet Nikkei, Kobayashi led a group that used credit cards in other people's names to earn illegal profits. They are said to have laundered money using Monero, a virtual currency that emphasizes privacy. The National Police Agency's Cyber Special Investigation Team, the Saitama…
A recent report by CryptoQuant analyst Burak Kesmeci revealed that Bitcoin accumulation addresses have increased significantly and now exceed 2.9 million BTC. These addresses steadily increased their holdings without selling despite market uncertainty, doubling their Bitcoin reserves in just 10 months. This trend highlights broader market sentiment, with long-term investors, both retail and institutional, expressing confidence in Bitcoin's future. Bitcoin accumulation will increase in 2024 In a post uploaded to the CryptoQuant QuickTake platform, Kesmeci's analysis digs deep to understand what defines these accumulation addresses and why they have been so active throughout 2024. Contrary to typical investor behavior, the…
Ripple CEO Brad Garlinghouse recently shared his views on the election and voter expectations, noting that voters are interested in cryptocurrencies and Ripple's native token, XRP. . “Voters care about cryptocurrencies, and they care about XRP. This is not a niche issue. They drive innovation and create jobs. We want real policy.” Voters are interested in cryptocurrencies and they are interested in XRP, but it is not a niche issue. They want real policies that drive innovation and create jobs. Candidates who ignore cryptocurrencies and blockchain risk losing significant support from a growing and knowledgeable electorate. https://t.co/PfrjjyzCBn — Brad Garlinghouse…
In a significant development for the Ethereum ecosystem, Arcology Network has introduced the first-ever EVM-equivalent multi-threaded rollup, aiming to revolutionize Layer 2 solutions. This innovative technology promises to deliver unparalleled performance and efficiency to developers building complex and resource-intensive decentralized applications (dApps). Arcology's state-of-the-art parallel transaction execution engine and optimized storage enable the development of applications that were previously too complex or expensive to run on-chain. The new rollup has great features such as EVM parity, parallel transaction processing, 1.5 second blocking time, and the ability to process 10,000 to 15,000 transactions per second (TPS). Additionally, it offers a 1.5…
Bitcoin’s successive “super signals” have signaled an explosive rally, the last seen before a 10,000% rally. Volume trends indicate a strong bullish mood going forward, with more than 94% of Bitcoin holders making profits. Bitcoin's [BTC] The volume oscillator recently signaled a series of “super signals,” a rare event that only occurs during large bull markets. Historically, such signals have preceded large rallies, including gains of more than 10,000% in 2012 and more than 3,000% in 2016. The most recent event in September 2023 was a +200% rise in Bitcoin price, followed by another supersignal in October 2024. Source: X…