Author: admin
A short and cryptic tweet sparked a frenzy in X circles late Tuesday night when leading global exchange Coinbase hinted at plans to enter the wrapped Bitcoin market. The initial speculation was quickly validated by senior employees who corroborated their excitement for further integration of the Bitcoin asset into the company’s on-chain ecosystem. Other observers have highlighted the strategic nature of the decision following a tumultuous week for current market favorite, BitGo’s wBTC. The latter has long been regarded as the easiest and most popular method for Bitcoin investors to gain exposure to DeFi products. With the industry’s attention on Bitcoin-native…
Arthur Hayes, the co-founder and former Chief Executive Officer (CEO) of BitMEX, a popular crypto exchange, has predicted when the altcoin season will begin. Based on Haye’s analysis, the start of the altcoin season will be contingent on the performance of Bitcoin (BTC) and Ethereum (ETH), two of the world’s top cryptocurrencies. When The Altcoin Season Will Kick Off In a blog post released on August 12, Hayes discussed the dynamics of the crypto market and the broader United States (US) financial landscape. While addressing a range of financial issues, Hayes focused on the key conditions that could trigger the…
A crypto analyst has issued a bold price forecast for the XRP price, the native token of the XRP Ledger (XRPL). The analyst foresees a massive 42,000% breakout in XRP’s price, potentially pushing the cryptocurrency beyond the $250 mark. Analyst Foresees XRP Price Reaching $263 Javon Marks, a crypto analyst, took to X (formerly Twitter) on August 13 to discuss his analysis of XRP’s recent price movements and future outlook. The analyst boldly suggests that if XRP experiences a bullish breakout today, then the price of the cryptocurrency could reach $263, representing a 42,000% increase from its current value. Related…
MOUNTAIN VIEW, Calif. & ATLANTA–(BUSINESS WIRE)–Jeh Aerospace, a leader in precision aerospace manufacturing, and GridRaster, a pioneer in Spatial AI and Extended Reality (XR) solutions, announced a strategic partnership to transform aerospace manufacturing through the integration of Spatial AI, augmented reality (AR) and virtual reality (VR) technologies. This collaboration will bring cutting-edge XR capabilities to training, inspection, and work-assistant use cases in aerospace manufacturing. “We are thrilled to partner with Jeh Aerospace to bring the transformative power of Spatial AI and AR/VR to the aerospace manufacturing industry. Our platform’s ability to deliver high-precision Spatial AI and high-quality immersive experiences will empower Jeh…
Cointelegraph’s Sam Bourgi discussed Canada’s evolving regulatory landscape with Kraken and Coinbase at the Blockchain Futurist Conference, highlighting areas where the country still lags.
Apibara: open-source data platformApibaraThis project aims to add Ethereum data (Execution + Consensus Layer) to Apibara, an open-source data platform. Apibara allows developers and researchers to synchronize any onchain data to a target database or API. Currently, we provide support for PostgreSQL, MongoDB, Parquet, and webhooks. It is easy to add support for more integrations. Apibara focuses on “online” usage: first, it backfills data and then synchronises it as the chain moves forward. Developers can access the data using the tools they already know. Our data synchronization protocol is chain-independent. For this reason, we can support indexing Execution Layer and…
With Bitcoin currently fluctuating around the $58,000 and $60,500 levels, determining the flagship cryptocurrency asset’s peak in the ongoing bull run has been a major challenge. However, a crypto analyst has shed light on the current stage of Bitcoin, offering an intriguing prediction about the coin’s potential to hit unprecedented heights in the upcoming months, demonstrating his unwavering trust in BTC. Bitcoin’s Peak Could Hit $190,000 In an X (formerly Twitter) post, well-known cryptocurrency analyst and trader, Lark Davis delving into recent price developments of Bitcoin made a bold projection that the crypto asset might reach a peak of $190,000,…
On-chain data shows the Bitcoin whale entities have sold approximately $588 million in the cryptocurrency during the past week. Bitcoin Whales Have Made Large Selling Moves Recently As pointed out by analyst Ali Martinez in a new post on X, the BTC whales have sold around 10,000 BTC over the last seven days. The indicator of relevance here is the “Supply Distribution” from the on-chain analytics firm Santiment, which tells us about the total amount of Bitcoin that a given wallet group currently holds. Related Reading The addresses or investors are divided into these cohorts based on the number of…
Bitcoin appears in no mood to celebrate despite Japanese stocks fully recovering from a historic drop.
Ethereum is pushing higher, as shown in the daily chart. After last week’s dip and recovery, the second most valuable coin is up nearly 25% from August lows. If buyers take charge today, clearing and closing above $2,600, as is currently the case, it could anchor the base of another uptick toward $3,300 in a buy trend continuation formation. 66% Of All Ethereum Addresses Are In Profit The possibility of this price action panning out is highly likely. According to IntoTheBlock data, Ethereum is at an intriguing phase and is impressively shaking off weakness seen in the first half of…