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Cardano (ADA) Creator Charles Hoskinson Says Ethereum (ETH) Is Doing ‘Impressive Things’ – Here’s Why

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Cardano (ADA) creator Charles Hoskinson says there are a lot of things that he admires in rival smart contract platform Ethereum (ETH). In a new YouTube video, Hoskinson says Ethereum’s vibrant ecosystem of scaling solutions such as rollup is something that Cardano can aspire to. “[Ethereum’s layer-2] ecosystem is fascinating, roll-ups in particular. There’s a
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NFT projects thrive even as OpenSea trading volumes take a hit

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Despite a number of attempted vampire attacks, nonfungible tokens (NFTs) continue to have a strong run on OpenSea, with the number of unique users and transactions increasing. However, the NFT market’s overall volume is falling behind last month’s figure of nearly $3 billion.  While there are NFT projects readying to hit the secondary market, it
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Bloomberg Strategist Updates Outlook on Bitcoin After Price Fall, Says BTC Now Trading at a Deep Discount

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Bloomberg senior commodity strategist Mike McGlone says that Bitcoin (BTC) is on the cusp of hitting strong support. In a Tweet, McGlone says that as the flagship cryptocurrency hovers below the 50-week moving average, it is trading at an “extreme discount” relative to its 2018 and 2020 lows. “About 20% below its 50-week moving average,
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Kazakh officials seize 360 illegal Bitcoin ASICs amid push for higher mining tax

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Kazakhstan’s authorities have confiscated 360 specialized Bitcoin ASICs as part of the country’s ongoing campaign to weed out “gray” crypto miners. According to an announcement published by the Financial Monitoring Agency today, officials have “identified persons engaged in mining activities in violation of the laws of the Republic of Kazakhstan.” “During the search, 360 units
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Ethereum (ETH) in ‘Most Compelling’ Point for a Massive Price Rally, Says Top Crypto Strategist

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A closely followed crypto analyst says Ethereum (ETH) is trading at a point where the reward far outweighs the risk. Pseudonymous analyst Light tells his 146,000 Twitter followers that leading smart contract platform Ethereum looks poised to regain its bullish momentum after its steep correction from the all-time high of $4,800. “ETHUSD long here is
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