Investors tend not to complain about a price rally, except when the chart presents steep downside risks. For example, analyzing Ether’s (ETH) current price chart could lead one to conclude that the ascending channel since March 15 is too aggressive. Ether price at FTX, in USD. Source: TradingView Thus, it is only natural for traders
Ethereum
According to local news outlet Arabian Business, Citizens School, located in Dubai, will accept tuition payments denominated in Bitcoin (BTC) or Ethereum (ETH). Payments using digital assets are facilitated via an unnamed processing platform and are automatically converted into United Arab Emirates Dirhams (AED). Dr Adil Alzarooni, founder of Citizens school, commented: “We look forward
Summary: The parent company of Axie Infinity is committed to reimbursing players affected by the $625 million hack 173.6k Ethereum and 25.5 million in USD Coin (USDC) were stolen from the Ronin bridge The Ronin Network exploit is the largest DeFi hack to date at $625 million The price of AXS and RON have been
Digital asset manager Grayscale has published a report on smart contract platforms in which it likens the Ethereum (ETH) blockchain to the best and worst parts of New York City. The report examines the granddaddy smart contract network Ethereum in comparison to newer competing blockchains such as Solana (SOL), Avalanche (AVAX), Polkadot (DOT), Cardano (ADA)
On Wednesday, DeFi Technologies announced that its subsidiary Valour reached $274.2 million in assets under management. The company offers various cryptocurrency-denominated exchange-traded products, or ETPs, listed on European exchanges. Cointelegraph previously reported that Valour launched two such ETPs involving Uniswap (UNI) and Polkadot (DOT) last year. For each exchange-traded product of Valour that is bought
MetaMask has simplified the crypto trading experience for Apple users by integrating Apple Pay on its platform. Apple users will now be able to make direct crypto purchases via Apple pay through Wyre and Transak payment gateways. ConsenSys owned crypto wallet MetaMask is diversifying its service portfolio and has recently enabled support for IPhone users
This week Gnosis (GNO) price notched a swift 50%+ rally after the project took another step forward in its transition to the Coincidence of Wants Procotol, or CoW, an interface that offers traders protection from miner extracted value (MEV). Data from Cointelegraph Markets Pro and TradingView shows that the price of GNO has gained 86%
ConsenSys-owned MetaMask tweeted a thread of updates on Tuesday for iPhone and Apple Pay users. The main feature is the ability to buy cryptocurrency using a debit or credit card through the mobile application, eliminating the need to transfer Ethereum (ETH) from a centralized exchange like Coinbase into the app. MetaMask Mobile v4.3.1 is LIVE
This past weekend, Decentraland hosted the Metaverse Fashion Week, or MVFW, a four-day digital fashion event that staged wearables on virtual runways, organized discussion panels, and housed shopping experiences. A lineup of both legacy luxury labels and digital brands participated, including Dolce & Gabbana, Etro, Tommy Hilfiger, Estée Lauder, and Elie Saab. Meanwhile, digital-native fashion houses
Bitcoin (BTC) and several altcoins surprised many with their newfound strength during the weekend. Bitcoin’s rally easily sliced through the $45,900 level, which according to Glassnode was an area of resistance because several investors had purchased near that level when Bitcoin was declining after hitting its all-time high in November. Bitcoin’s strength may have attracted
It took Ethereum’s native token Ether (ETH) only two months to recover from a brutal selloff at the beginning of 2022. ETH price breaks out but risks remain ETH price reached near $3,350 on March 28 after rallying by over 30% in just two weeks, and by more than 50% when measured from its year-to-date
Cointelegraph is following the development of an entirely new blockchain from inception to the mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group. Scalability is a popular topic in blockchain, but few ever explain what we mean by that term. When we at Koinos Group talk
In brief: The DeFi token of Aave (AAVE) is up by over 18% in the last 24 hours The double-digit increment in value comes in the backdrop of Aave’s V3 upgrade With the newest upgrade, users of Aave will enjoy cross-chain transactions, higher efficiencies, new wallet integrations and more AAVE is also exhibiting some bullish
What is an NFT? NFTs are nonfungible tokens. The adjective “nonfungible” is often used in economics to represent features such as uniqueness and non-interchangeability. In the crypto space, nonfungibility simply indicates that one item cannot be exchanged for another. A “token” as a unit of account is basically a certificate of validity stored on the
Quick take: The legendary pop star, Madonna, has acquired her very first Bored Ape NFT MoonPay facilitated the transaction for Madonna that cost her 180 Ethereum (ETH) English Premier League Hall of Famer, David Beckham, is now the global brand ambassador for the DigitalBits blockchain David Beckham plans to connect with his fans and work
The week-long uptrend in the cryptocurrency market has begun to awaken bullish crypto investors and the successful March 15 launch of the Ethereum “merge” on the Kiln testnet has the community excited about the upcoming switch to proof-of-stake. Data from Cointelegraph Markets Pro and TradingView shows that since the successful launch on Kiln, the price
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