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” Polygon’s focus on building L2 infrastructure outweighs MATIC’s 50% drop from ATH “ After a devastating 50% correction between Dec. 25 and Jan. 25, Polygon (MATIC) has been struggling to sustain the $1.40 support. While some argue this top-15 coin has merely adjusted after a 16,200% gain in 2021, others point to competing scaling…
” Bitcoin transaction fees briefly doubled yet remain exceptionally low “ Got some Satoshi to send or Bitcoin (BTC) wallets to reorganize? It’s increasingly cheap to do so. According to an Arcane Research report, Bitcoin “transaction fees have stayed low since July 2021, showing no signs of rising.” Bitcoin mean tx fees remaining very low…
“# StarkNet now open for DApp deployment on Ethereum mainnet ” StarkNet, the Layer-2 scaling solution established by Ethereum protocol StarkWare, announced that the first few decentralized apps, or dApps, built on the platform have been deployed since it launched on the Ethereum Mainnet in November. Now that the Starkware team has developed all of the infrastructure…
“# 2 key Bitcoin price metrics suggest BTC is primed to reclaim $40,000 ” Cryptocurrencies had a volatile week after Bitcoin’s (BTC) sudden crash to $33,000 on Jan. 24. However, the sharp 9% drop fully recovered within 8 hours after BTC price regained the $36,000 support. On Jan. 26, Bitcoin rallied to $38,960 but it…
“# Litecoin is finally launching its major Mimblewimble upgrade ” After two years of development, Litecoin (LTC) has finally launched its highly anticipated Mimblewimble upgrade, opening the door to more privacy-oriented transactions on the network. Mimblewimble’s integration into Litecoin came by way of the Mimblewimble Extension Block, also known as MWEB, which allows the network’s…
“# Ethereum failing to target core Web 3 issues, says NEAR co-founder ” Illia Polosukhin, the co-founder of NEAR protocol, thinks Ethereum development has a focus problem. He says engineers should be fixing crucial issues that will enable Web 3 to scale to billions of users. “We need simplicity of usage. We need easy programmability….
“# Ascending channel pattern sets Polygon (MATIC) up for a potential 30% rally ” Polygon prices look poised to rise by at least 30% in the wake of a key Jan. 18 upgrade that would push a considerable portion of its native MATIC token out of circulation. Dubbed EIP-1559, the improvement proposal originally came to light…
“# Internet Computer: Correction risk rises after ICP price gains nearly 60% in 5 days ” Internet Computer (ICP) has entered 2022 with a bang. The ICP price rose by over 56% in the first five days of the new year, reaching a 30-day high of $38 on Jan. 5. Its massive upside move accompanied…
“# Coinbase exec says major Ethereum scaling improvements coming soon ” Coinbase Chief Product Officer Surojit Chatterjee is the latest to publish his predictions for the crypto industry in 2022 and he foresees major advances in the scaling of Ethereum. Industry leaders, analysts, and investors are sharing their 2022 predictions for the crypto ecosystem, and…
“# Here’s how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal ” Polygon (MATIC), a layer-two network designed for scaling and application infrastructure development on Ethereum (ETH), has been making the rounds among blockchain enthusiasts as of late. From its $1 billion investment into zero-knowledge technology to co-launching a $200…