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“# Rari, Telos and Polymath rally as Bitcoin price hits $44K ” Crypto traders breathed a sigh of relief on Sept. 30 after media headlines reflected positive news regarding adoption and future regulation in the crypto sector. Early in the day, Visa announced that it has developed a layer-2-based blockchain interoperability hub that will support cryptocurrency…
“# Ethereum bears look to score on Friday’s $340M weekly ETH options expiry ” Ether (ETH) price has seen quite a bit of volatility lately and to the surprise of many traders, the $4,000 level continues to present considerable resistance. Currently, the price is respecting the upward channel which started in August but every time…
“# Ethereum miners are hoarding a record $70B in ETH following EIP-1559 activation ” An on-chain study released by Kraken Intelligence highlighted strong accumulation behavior among Ethereum miners even as they faced the prospects of generating lower revenue following a major network upgrade on Aug. 5, 2021. Ethereum miners accumulated an additional 2 million Ether…
“# NFT trading game Axie Infinity launches AXS staking program ” Axie Infinity, a play-to-earn NFT game based on the Ethereum blockchain, announced the launch of the staking program for its native token, Axie Infinity Shards or AXS. AXS holders can start staking their tokens while the rewards will be activated in 24 hours to…
“# Polygon briefly overtakes Ethereum for active addresses after 330% surge ” Layer two protocols have seen monumental growth this year and one of them has briefly surpassed the network it is a scaling solution for, in terms of active addresses. The number of daily active unique addresses on layer two aggregator Polygon has surpassed…
“# Bragging rights: Twitter previews verification badge for NFT profile pics ” Twitter has unveiled an in-development tool that will enable users to display a verified NFT as their profile picture. Mada Aflak, a senior software engineer at Twitter, shared a video demonstrating functionality that allows users to add NFTs to their accounts. Users can…
“# Price analysis 9/29: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, UNI ” Bitcoin (BTC) and Ether (ETH) are attempting to bounce off their critical support levels as bulls try to thwart attempts by the bears to deepen the correction. Tesla CEO Elon Musk said at the Code Conference in California recently that…
“# Celer (CELR) gains 400% after traders embrace its multi-chain ‘cBridge 2.0’ solution ” High transaction costs have been a thorn in the side of investors and developers for more than a decade and the issue became worse in 2021 after the emergence of decentralized finance (DeFi) and nonfungible tokens (NFT) led to record-high levels…
“# Ethereum will replace Bitcoin as the leading crypto network, claims Polygon co-founder ” “Sooner or later, ETH will outpace Bitcoin and become the global standard”, said Polygon co-founder Sandeep Nailwal in an exclusive interview with Cointelegraph. Nailwal believes that Ethereum will eventually become “the ultimate settlement layer” for the DeFi space. Polygon will play…
“# Another Ethereum mining pool forced to close due to China crackdown ” BeePool, the fourth largest Ethereum mining pool, is closing amid China’s crypto crackdown. The China-based Ethereum mining pool announced on Tuesday it will suspend operations “in response to the latest regulatory policies.” Effective immediately, the registration of new users and the addition…