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Senior Bloomberg Intelligence analyst Mike McGlone says that one prominent Ethereum (ETH) challenger is on its way to prevailing over other ETH competitors. In a new Crypto Outlook report, McGlone says that smart contract platform Solana (SOL) is outpacing other so-called “Ethereum killers,” which should result in SOL securing its spot in the top five […]
Bitcoin and most altcoins could remain volatile in the short-term due to the Fed’s decision, warranting caution from traders.
Ethereum’s native token Ether (ETH) is poised for a mini bull run above $3,000 primarily due to a classic bullish reversal pattern on its shorter-timeframe chart, and a huge spike in ETH outflows from Coinbase. ETH price forming falling wedge ETH’s price has been forming a falling wedge pattern since late March 2022, which raises its […]
Institutional investors shed $133 million worth of Bitcoin (BTC) investment products last week, marking the largest week of outflows since June last year. According to the latest edition of CoinShares’ weekly Digital Asset Fund Flows report, the overall digital asset fund outflows for the week ending April 29 totaled $120.1 million, with the large Bitcoin […]
Ethereum (ETH) co-founder Vitalik Buterin believes that Layer-2 transaction fees need to be under $0.05 to be “truly acceptable.” Buterin made the latest comments in response to a Twitter post from the Bankless podcast host Ryan Sean Adams, who shared a screenshot of the average transaction fees for eight Ethereum Layer-2 platforms. The data is […]
Popular crypto analyst Nicholas Merten is outlining what he thinks is the “worst-case scenario” for Bitcoin (BTC) and Ethereum (ETH). Merten tells his 516,000 YouTube subscribers that the possibility of BTC dropping to $10,000 or even $20,000 is “completely out of the question.” The crypto analyst points to a chart displaying Bitcoin and Ethereum’s combined […]
A handful of industries and tech workers are shifting from Web2 to Web3 and with this move, awareness of blockchain technology is also spreading. The Ethereum Name Service (ENS) is one project that is looking to help facilitate Web3 adoption by making it easier for DApp users to interact with the Ethereum network. This is […]
A new nonfungible token (NFT) collection from Yuga Labs, the blockchain technology company behind the popular Bored Ape Yacht Club (BAYC), has already witnessed hundreds of millions of dollars in sales, according to NFT data aggregating site CryptoSlam. Yuga Labs is developing a massively multiplayer online role-playing game (MMORPG) called Otherside. The game aims to […]
Bitcoin (BTC) topped out at around $46,000 on April 4 before freefalling back to $38,000, causing much frustration among crypto traders who have been so used to the market’s unreal returns in the past two years after the March 2020 crash. February and March showed signs of recovery, especially after the steep declines in December […]
The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss what they believe are the top three most bullish coins one should take a closer look at. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish […]
