A recent prediction by a crypto analyst suggests that Ethereum, the second-largest cryptocurrency in the world, will reach its bottom against Bitcoin in the coming months. The analyst, Benjamin Cowen, founder of ITC Crypto, shared his insights on the Ethereum to Bitcoin price ratio, drawing parallels between the current market dynamics and those observed in
Recently, an unexpected griefing attack on the Bitcoin testnet caused chaos within the network, leading to the generation of an unprecedented number of blocks in a short period. The attack, carried out by Jameson Lopp, Co-founder, and Chief Security Officer of Casa, involved flooding the testnet with excessive transactions, disrupting the normal functioning of the
House Financial Services Committee Chairman Patrick McHenry has publicly accused SEC Chair Gary Gensler of providing misleading information to Congress regarding the classification of Ethereum during his testimony in April 2023. McHenry’s statement, released on April 30, suggests that Gensler intentionally avoided addressing questions about whether the SEC considers ETH to be a security. This
Crypto analyst Ali Martinez has identified $59,800 as a key price level for the Bitcoin future trajectory. According to Martinez, if Bitcoin drops to this level, it historically tends to bounce back during an uptrend, potentially leading to a significant price pump. On the other hand, a failure to bounce back from this level could
Mastercard recently revealed its latest venture in the Web3 space—the limited-edition Mastercard Music Pass NFT. This unique pass is an integral part of the second season of the Artist Accelerator program, designed to support up-and-coming musicians by providing them with state-of-the-art technology and resources to enhance their music production, marketing, and revenue-generating abilities. The Mastercard
The cryptocurrency market is no stranger to meme coins, with cat-themed tokens gaining popularity in recent times. One such coin, Nezuko Cat (NEZUKO), has seen a staggering surge of +8,000% overnight, creating a buzz among retail investors. The project’s success can be attributed to its unique tokenomics, including ongoing NEZUKO token buy-backs, which have attracted
In the realm of cryptocurrency analysis, Lark Davis has brought attention to several key developments in the Bitcoin ecosystem that have the potential to trigger an even more intense bull cycle than originally anticipated. Davis emphasizes the transformative changes taking place in the Bitcoin landscape, particularly with regards to institutional and global acceptance, which could
The recent dip in the crypto market has affected various cryptocurrencies, with Layer 2 tokens like Optimism taking a significant hit. Optimism’s native token, OP, has fallen by 4% in the last 24 hours, trading at $2.39. This represents a 3.7% dip both in the last 24 hours and the past week. However, the token
The launch of the Motoko Sentinels collection on Bioniq Marketplace has proven to be a game-changer in the world of NFTs. Unlike traditional static NFT collections, Motoko Sentinels offers a highly gamified experience for holders. By completing missions, holders can earn XP and unlock new layers of art and additional functionality within the collection. This
The recent analysis by crypto analyst DonAlt has sparked a lot of discussion in the cryptocurrency community. He suggests that the Bitcoin price could potentially drop to the mid-$40,000 range, which has caused quite a bit of concern among investors. DonAlt argues that this price breakdown might actually be necessary for the continuation of BTC’s
