cLabs, the principal developer behind the Celo blockchain, has announced its decision to employ Optimism’s OP Stack for its upcoming Ethereum Layer 2 solution. This choice signifies the conclusion of a very detailed eight-month assessment period during which a number of scaling technologies were subject to thorough testing. Celo Transition to Layer 2 The adoption […]
Unstoppable Domains Sandy Carter, COO, Discusses Future of NFT Market
In an interview with Coingape, Sandy Carter, Chief Operating Officer of Unstoppable Domains a web3 domain that also leverages Non-Fungible Tokens (NFT), shed light on the landscape of Non-Fungible Tokens and the hurdles they face in the digital economy. Her insights provide a comprehensive overview of NFTs’ current and future trajectory, especially in mainstream adoption […]
Bitcoin Traders Prioritize Broader Risks Over ‘Halving’
Bitcoin traders are currently looking more toward geopolitical issues to assess the trajectory of Bitcoin prices than the halving event itself. According to Reuters, though industry insiders said on Monday that the cryptocurrency’s fortunes were more directly related to broader financial market emotions and geopolitics, the so-called halving event of Bitcoin has had little effect […]
AI News: Radio Free Mobile Boss Expects Tech Names to Start Minting on AI Revenue
The use of Artificial intelligence (AI) has nearly doubled in the last couple of years. Most publicly listed companies have some other exposure to AI-related tools and integration at present. However, according to research firm Radio Free Mobile’s founder, technology companies need to start generating a good amount of revenue from these AI tools in […]
Pepe Coin Price Rallies Ahead Coinbase Futures Listing
Pepe Coin (PEPE), a popular Solana meme coin, rallied nearly 5% today. The surge comes ahead of its perpetual futures listing on the Coinbase International Exchange. Moreover, the PEPE meme crypto also witnessed a surge in open interest. Coinbase International Exchange To List Pepe Coin Perp The Coinbase International Exchange has announced that the Pepe […]
Legendary Peter Brandt Predicts Bitcoin Rendezvous With Parabola As CME Gap Closes
The crypto market saw $250 million liquidated over the last 24 hours, with $60 million Bitcoin longs liquidated from a total of $70 million. BTC price fell under key $40,000 support level as traders and experts anticipated a weak trend due to macro and technical reasons. However, a correction in Bitcoin price has been pending […]
Shiba Inu Lead Unveils BONE Use Case In Layer 3 Blockchain
In a recent statement addressing concerns within the Shiba Inu (SHIB) community, Lucie, the marketing lead, reaffirmed the significance of both Bone Shibaswap (BONE) and Treat (TREAT) tokens in the evolving ecosystem. Amid speculation surrounding the utility of BONE after Shiba Inu’s Layer 3 (L3) launch, Lucie dismissed notions of it being useless. Moreover, she […]
OKX Announces User Reimbursement Following OKB Price Plunge
OKX cryptocurrency exchange intends to compensate users impacted by the recent flash crash of its native token, OKB. This announcement comes after the token’s value experienced a dramatic fall on January 23, causing widespread concern among investors and traders. Sudden Decline in OKB Value On the morning of January 23, OKB’s value plummeted dramatically, falling […]
Bitcoin Eyes $72K Amid Support Near $62,000: Analysts
According to an analysis by Glassnode, cofounders provided insights into Bitcoin‘s (BTC) potential rebound. They indicated a possible surge to $72,000 and highlighted the 50-day Exponential Moving Average (EMA) at $62,000 as a key support level. BTC Strong Support at 50-Day EMA The current 50-day EMA acts as a vital support level for Bitcoin, suggesting […]
Just In: NFT Giant Magic Eden Launches New Creator Incentivization Scheme
Non-fungible token (NFT) marketplace Magic Eden has rolled out an incentivization scheme for its collectors, and creators. Magic Eden to Give Back to Contributors For a long time, Magic Eden has channeled effort and resources into designing a long-term cross-chain NFT reward program. The scheme aims to give back to contributors to the ecosystem. Magic […]