On June 17, 2024, ethereum is priced at $3,521, fluctuating between $3,495 and $3,645 over the past 24 hours. Ethereum On the 1-hour chart, ethereum’s (ETH) recent high is $3,652, and the low is $3,484. The trend has been bearish following the peak on June 21, characterized by increased selling volume. A potential entry point […] Source: https://news.bitcoin.com/ethereum-technical-analysis-eth-faces-mixed-signals-amid-short-term-downtrend/
Month: June 2024
Warden Protocol’s Modular Blockchain is Designed for the ‘Apps of Tomorrow’
Layer 1 blockchain Warden Protocol is building “supercharged” modular infrastructure for developers to create OApps, the next generation of Web3 decentralized apps. “Building on web three is difficult—I don’t think it has to be like that,” Warden Protocol co-founder David Pinger told Rug Radio’s FOMO Hour. The modular layer 1, he said, has developed a “supercharged blockchain infrastructure that builders…
Doodles Will Migrate Avatar Creation ‘Stoodio’ to Ethereum Layer-2 Base
Doodles, an NFT-driven entertainment property, is making a move. On Monday, the project announced that it will migrate its “Stoodio” avatar customization platform to Ethereum layer-2 scaling network Base, departing the Flow blockchain in the process. The transition, set to take place in mid-July, aims to leverage Base’s cheaper and faster transactions compared to the Ethereum mainnet. Base, which was…
Why John Gerrard Is Generating Hourly Ethereum NFT Art for a Full Year
On Tuesday, digital art purveyor Feral File will debut “Crystalline Work,” a new generative, on-chain series from the Irish contemporary artist John Gerrard that will algorithmically produce new pieces every hour for the next year. The series, set to become the longest-running on-chain performance art project ever attempted, returns Gerrard to familiar territory: environmental activism. In “Crystalline Work,” a robot…
XLink onboards Fireblocks, Ancilia to prevent another $10M hack
The partnerships provide MPC technology, significantly improving security measures compared to traditional multisig solutions or single private keys. Source: https://cointelegraph.com/news/xlink-fireblocks-ancilia-partner-10-m-hack
Bitcoin Technical Analysis: BTC Endures Persistent Downward Trend Amid High Volatility
As of June 17, 2024, Bitcoin is trading at $65,805, with a 24-hour intraday range between $65,518 and $66,992. The cryptocurrency market is displaying notable volatility, as evidenced by significant trading volume and fluctuating price levels. Bitcoin Bitcoin’s 1-hour chart reveals a clear downward trend following a recent peak, with key resistance and support levels […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-endures-persistent-downward-trend-amid-high-volatility/
zkSync Airdrop: Almost Half of ZK Tokens Claimed Amid Tech Issues and Sybil Backlash
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Ethereum scaling solution zkSync has run into some issues during its highly anticipated and controversial ZK token airdrop. “The network is currently under high load. Some…
Corporate adoption is in ‘amateur league’ despite Bitcoin ETFs
Corporations could pave the way towards more mainstream crypto industry trust, according to the co-founder of Trust Square. Source: https://cointelegraph.com/news/corporate-adoption-amateur-league-bitcoin-etfs
Ethiopian Airlines Partners With Blockchain-Based Loyalty Rewards Firm Loyyal
Ethiopian Airlines Group has partnered with Loyyal to leverage the latter’s blockchain infrastructure for its customer loyalty program. The partnership, which is earmarked for Ethiopian Airlines’ Shebamiles members, enables them to earn rewards daily, driving further engagement and loyalty. Three-Way Partnership One of the leading African airlines, Ethiopian Airlines Group, has appointed blockchain-based loyalty rewards […] Source: https://news.bitcoin.com/ethiopian-airlines-partners-with-blockchain-based-loyalty-rewards-firm-loyyal/
Singapore’s National Goalkeeper, Hassan Sunny, Appointed as Chief Security Officer for HTX Global and TRON
Singapore’s national goalkeeper, Hassan Sunny, has been appointed as the Chief Security Officer and spokesperson for HTX Global and TRON. The announcement was first made by Justin Sun on social media. Drawing parallels between Sunny’s role on the football field and his new position, Sun expressed confidence that just as Sunny defends the goal line […] Source: https://news.bitcoin.com/singapores-national-goalkeeper-hassan-sunny-appointed-as-chief-security-officer-for-htx-global-and-tron/