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A16z, Paradigm Lead $150M Round for Ethereum Scaling Solution Optimism at $1.65B Valuation
17.3.2022
A16z previously led Optimism’s $25 million Series A round
ETH derivatives show pro traders are worried about Ethereum’s $2.5K support
17.3.2022
Ether’s price has been sideways for 27 days, but pro traders are not confident about the $2,500 support, according to derivatives
Bitcoin & Crypto Market Rises After US Rate Hike, Future Role of US Dollar in Focus
17.3.2022
The price of bitcoin (BTC), ethereum (ETH), and most other cryptoassets moved higher today, after the US Federal Reserve (Fed) yesterday raised rates for the first time since 2018, and a discussion about bitcoin’s role in a future monetary regime re-emerged.
As of Thursday at 16:00 UTC,...
Bitcoin, Ethereum Technical Analysis: ETH up to 2-Week High Following Fed Rate Hike
17.3.2022
Ethereum climbed to a two-week high on Thursday, as markets continued to react to yesterday’s Fed decision. As expected, the Federal Reserve increased interest rates by 0.25%, whilst providing forward guidance for future hikes. BTC was once again trading above $40,000. Bitcoin BTC...
Polygon onboards Simba Chain for Ethereum scaling and infrastructure development
17.3.2022
Simba aims to lower the barrier of entry into Web3 for Web2 firms with the help of a decentralized platform that provides necessary developer tools
UAE Hospitality Brand Stella Stays Now Accepts Crypto
17.3.2022
A hospitality brand from the United Arab Emirates(UAE), Stella Stays, has announced that its clients can now pay for services with cryptocurrencies. Clients can pay with bitcoin, ethereum, and 35 more digital assets. Stella Stays’ Tilt Towards ‘Futuristic Tech Offerings’...
Bitcoin and Ethereum Prepare For Next Move, Altcoins Gain
17.3.2022
Bitcoin price gained pace above the USD 40,000 resistance and traded above USD 41,000, but there was no upside continuation. It is currently (11:43 UTC) consolidating gains near USD 40,700 and is almost unchanged in a day.
Similarly, most major altcoins are showing positive signs. ETH traded...
Bored Ape Yacht Club and MetaMask Join the Altcoinization Bandwagon
17.3.2022
Popular non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC) and Ethereum (ETH) wallet MetaMask have confirmed their respective plans for tokens and decentralized autonomous organizations (DAOs) in a bid to reward some early adopters....
Read More: Bored Ape Yacht Club and MetaMask...
Bitcoin Reaches USD 41K, Ethereum Inches Higher, SAND and CELO Rally
17.3.2022
Bitcoin price started a fresh increase above the USD 40,000 resistance and tested USD 41,450. It is currently (04:07 UTC) correcting gains near USD 41,000 but still might continue to rise towards the USD 42,500 level.
Similarly, most major altcoins are also moving higher. ETH is up 5% and...
DAO Snaps up South Korean Cultural Treasure that Dates Back to Antiquity
17.3.2022
A decentralized autonomous organization (DAO) has bought a South Korean national treasure – in what represents a remarkable first for the nation’s culture and crypto sectors.
ChannelA reported that the national treasure – a miniature gilt-bronze shrine that accompanies another piece – had been...
Market Cap of Gold-Backed Tokens Crosses USD 1B as Ukraine War Makes the Metal Shine
16.3.2022
The interest in gold-backed stablecoins is on the rise, with inflows accelerating after the aggression on Ukraine started. Following the surge in adoption, the combined market capitalization of the two dominant tokens – pax gold (PAXG) and tether gold (XAUT) – for the first time crossed the...
Fed Raises Interest Rate by 25 Basis Points in First Rate Hike Since 2018
16.3.2022
The US Federal Reserve (Fed) raised interest rates by 25 basis points today, marking the first rate hike in the US since before the COVID-19 pandemic. The increase was in line with what the central bank has long communicated to the market that it would do. (This is a developing story and...
Price analysis 3/16: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
16.3.2022
Bitcoin and select altcoins have broken above their immediate resistance levels, indicating the start of a relief rally
Bitcoin, Ethereum Technical Analysis: BTC Back Above $40,000, ETH Eyes $3,000 as Fed Meeting Looms
16.3.2022
Following days of consolidation, bitcoin rallied above $40,000 on Tuesday, which comes as markets prepare for today’s Fed meeting. ETH also climbed, moving away from its recent support point in the process. Bitcoin BTC finally broke out of its recent streak of price consolidation on Tuesday...
3 reasons why Ethereum price can still retest $3K this month
16.3.2022
A mix of technical, fundamental, and on-chain indicators show ETH price could boom higher as Q1 winds down
Bitcoin Tests USD 40K Again, Ethereum Accelerates, Altcoins Turn Attractive
16.3.2022
Bitcoin price declined sharply after a rally to USD 41,500, nearing USD 39,000, but it’s now (11:54 UTC) trading above USD 40,500 once again, having increased 5% in a day.
Similarly, major altcoins could accelerate too. ETH broke the USD 2,650 resistance and is now facing hurdles near...
Ethereum Moves Higher Against Bitcoin on a Wave of Positive News
16.3.2022
The price of ethereum (ETH) has outperformed bitcoin (BTC) over the past 24 hours, after news emerged that a final testnet has gone through the steps necessary for transitioning Ethereum to its planned proof-of-stake (PoS) system....
Read More: Ethereum Moves Higher Against Bitcoin on a Wave...
Ethereum Merge Takes Place on Kiln Testnet
16.3.2022
Kiln is the final public testnet before Ethereum’s transition to a proof-of-stake network
Bitcoin and Ethereum Rally Fades, EGLD, WAVES, and GRT Jump
16.3.2022
Bitcoin price gained bullish momentum after it broke the USD 40,000 resistance. BTC jumped over 5% and even traded above USD 41,500. However, the bears appeared and the price is currently (04:00 UTC) back near USD 39,100. BTC is still 1% up in a day.
Similarly, most major altcoins are trimming...
Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion
15.3.2022
The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November....