The post LayerZero launches Proof-of-Donation mechanism appeared on BitcoinEthereumNews.com. LayerZero, a prominent player in the blockchain industry, has rolled out its latest initiative, the Proof-of-Donation mechanism. This new feature aims to support Ethereum’s core development team via the Protocol Guild, a collective dedicated to funding the research and development of Ethereum’s Layer 1. Users wishing […]

The post Render (RNDR) Price Eyes Increase Without Whales appeared on BitcoinEthereumNews.com. Render (RNDR) experiences price increase as smaller holders increase their positions, countering whales’ distribution. Traction on Render’s network is growing thanks to an influx of new and active addresses. The price of the token hangs at an opportunity zone which can drive it […]

The post ZK Price Plummets 5% Amid $113M zkSync Token Airdrop Sell-Off appeared on BitcoinEthereumNews.com. The price of ZK has plummeted by 5% amid a significant sell-off following the $113 million zkSync token airdrop. Since the day of the listing, numerous sell-offs have occurred, heavily impacting the token’s value and leading to a series of […]

The post Ethereum to dominate altcoin season fueled by ETFs and MVRV appeared on BitcoinEthereumNews.com. Altcoin season will commence not based on a date, but based on market sentiments. When it commences, expectations are that digital assets other than Bitcoin ($BTC) will gain not just recognition but also token value. However, the focus could be […]

The post Solana Price Prediction: Why is Solana Price Down Today? appeared on BitcoinEthereumNews.com. The cryptocurrency market is currently navigating a consolidation phase, where prices oscillate within established support and resistance levels. This period of stability and uncertainty affects many cryptocurrencies, including Solana (SOL). As Solana mirrors the broader market trends, it becomes crucial to […]

The post Statement from a Major Crypto Hedge Fund: They Are Preparing To Inject $1 Billion Capital Into The Market appeared on BitcoinEthereumNews.com. Cryptocurrency hedge fund Pantera Capital plans to allocate $200 million to artificial intelligence (AI)-related startups and is preparing to make a significant investment in artificial intelligence (AI). The firm believes that in […]

The post Pantera Capital believes Biden’s crypto pivot to be sincere appeared on BitcoinEthereumNews.com. Joe Biden’s recent pivot to the crypto market has caused havoc in the community. The consensus surrounding the shift was of doubt. Multiple reasons justified the skepticism around the pivot. The US President had previously blocked a pro-crypto bill. The bill […]

The last bull market resulted in several altcoins surpassing the $100 billion mark, but four years later, the blockchain landscape has changed. With innovative technologies, expanding use cases, and increasing mainstream acceptance, some altcoins are on the brink of unlocking a $100 billion market potential. This new era promises not just substantial returns but also […]

The post Long-term Ethereum holders reach new high appeared on BitcoinEthereumNews.com. Onchain Highlights DEFINITION: Bundle of all active supply age bands, aka HODL waves. Each colored band shows the percentage of Ethereum in existence that was last moved within the time period denoted in the legend. Ethereum’s HODL Waves chart illustrates the distribution of held […]

The post XRP and ADA See Huge Trader Shorting after Relief Bounces appeared on BitcoinEthereumNews.com. The well-known crypto assets XRP and ADA have recently witnessed a surprising development in the altcoin sector. As per the prominent crypto analytics provider Santiment, both the tokens have occupied top positions among the altcoins experiencing huge trader shorting. Keeping […]