[ad_1] Este artículo también está disponible en español. Bitwise Chief Investment Officer Matt Hougan dubbed Ethereum (ETH) the ‘Microsoft of blockchains’, adding that none of the smart contract platform’s challenges are existential. Ethereum Has Challenges, But None Of Them Are Existential In a recent memo titled ‘A Contrarian Bet on Ethereum’, Hougan highlighted the tumbling ETH/BTC trading pair, indicating the weakening Ethereum price versus Bitcoin (BTC). At press time, the trading pair is exchanging hands at 0.038, its lowest level in three years. Related Reading Compared to some of the other leading digital currencies, ETH hasn’t had an eventful 2024.…
Author: dfrancis36
[ad_1] Cryptocurrency exchange Bitget has inked a new partnership with Spain’s top-tier football league, LALIGA, becoming its official crypto partner for Eastern, Southeast Asian, and Latin American regions. The collaboration, unveiled at the Token2049 event in Singapore, marks Bitget’s move into the sports sector across emerging markets.Bitget Secures Official Crypto Partnership with LALIGA The multi-million dollar agreement grants Bitget extensive exposure to LALIGA’s massive global fanbase, while the football organization stands to benefit from comprehensive Web3 solutions. This partnership aligns with Bitget’s “Make It Count” philosophy, which emphasizes achieving greatness through perseverance and positive passion.LALIGA, known for attracting top-tier talent…
[ad_1] A recent discussion within the XRP community has reignited speculation surrounding the token’s future price trajectory. The catalyst for this discussion was a bold prediction made by Crypto Tank, a prominent crypto analyst. He suggested that XRP could reach a $100 price target if it captures 10% of the daily transaction volume handled by SWIFT, the Society for Worldwide Interbank Financial Telecommunication. XRP’s Ambitious $100 Price Target: A Deep Dive To provide context, SWIFT processed approximately $5 trillion in daily transactions as of June 2022. If XRP were to secure 10% of this volume, it would equate to handling…
[ad_1] Este artículo también está disponible en español. Ethereum price started a fresh upward move above the $2,335 resistance. ETH is now aiming for more upsides above the $2,420 resistance. Ethereum started another increase from the $2,280 resistance. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,310 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,420 resistance to continue higher in the near term. Ethereum Price Aims Higher Ethereum price formed a base near $2,280 and started a…
[ad_1] Dogecoin is testing a crucial price level after a turbulent week that saw a 22% surge from local lows and a sharp 9% drop to its current price. The meme coin has experienced significant volatility, with choppy price action causing uncertainty among investors. Despite these swings, many analysts and traders believe Dogecoin is primed for a rally, supported by on-chain metrics. According to data from IntoTheBlock, Dogecoin’s network has seen a notable uptick in activity, hinting at growing interest and optimism within the market. This surge in DOGE activity has raised hopes that a bullish move could be on…
[ad_1] Este artículo también está disponible en español. Ethereum (ETH) holders appear to be adopting varying strategies amid ongoing market uncertainty, latest data from CryptoQuant shows. Particularly, according to a recent analysis by a CryptoQuant analyst under the pseudonym ‘Darkfost,’ a noticeable shift in ETH’s investor behaviour is taking place. So far, larger holders of Ethereum and smaller retail investors are exhibiting signs of inactivity, while mid-sized holders show a measured increase in their holdings. This divergence in strategies among these market participants may provide insight into Ethereum’s market sentiment, especially as it faces a decline in dominance, Darkfost revealed.…
[ad_1] The lackluster Dogecoin price action could change very soon as on-chain data suggests increased activity behind the scenes. Particularly, on-chain analytics company IntoTheBlock revealed a surge in daily transactions on the Dogecoin blockchain, pushing the count to its highest point since July. DOGE has yet to substantially break above the $0.10 price level as it continues to underwhelm. Despite the widespread popularity of the meme-inspired cryptocurrency and its status as a top digital asset, its price action in recent months has failed to deliver explosive gains. Dogecoin Daily Transaction Reaches 2-Month High As noted by IntoTheBlock, Dogecoin processed a…
[ad_1] First Neiro on Ethereum (NEIRO), a meme coin, is one of the top performers this week. Over the last seven days alone, the token has soared over 332X, pushing its total market cap over the $341 million mark–a testament to a token that several weeks back was struggling to break the $100 million level. NEIRO Surging After Binance Listing According to trackers, NEIRO is up 109% over the last day, increasing due to rising trading volume. Technically, the underlying momentum is strong whenever a combination of rising prices and engagement occurs. For this reason, some hints suggest that NEIRO…
[ad_1] Data shows the Ethereum ecosystem has continued to remain number one in terms of development activity, ahead of the likes of BNB and Polygon. Ethereum Ecosystem Saw 0.8% Growth Over Past Year In a new post on X, the analytics firm Santiment has discussed how the growth in the development activity for the various cryptocurrency ecosystems has compared against each other over the last twelve months. The “development activity” here refers to a metric that basically tells us about the total amount of work the developers of a given project are putting in on its official GitHub repository. In…
[ad_1] Louisiana State Treasurer, John Fleming, M.D. has announced that the state government will now accept Bitcoin, Bitcoin Lightning Network, and USD Coin, as a valid form of payment for state services. The first cryptocurrency payment was made to the Louisiana Department of Wildlife and Fisheries today.BREAKING: 🇺🇸 Louisiana state government now accepts #Bitcoin as payment. pic.twitter.com/pXO8Lya59x— Bitcoin Magazine (@BitcoinMagazine) September 18, 2024 Dr. Fleming, described this initiative as a crucial step in modernizing government operations, stating, “In today’s digital age, government systems must evolve and embrace new technologies. By introducing cryptocurrency as a payment option, we’re not just innovating; we’re providing…