With Ethereum transaction activities increasingly shifting to Layer 2 (L2) networks, the ecosystem is bracing for a potential new bull run, one that could be predominantly led by these L2 platforms like Arbitrum and Optimism. The surge in L2 transactions, which have grown by an astounding 90 times since 2021, paints a clear picture: The…
Ethereum traders are moving funds away from crypto exchanges into smart contracts. The future of Ethereum looks bright with Dencun Upgrade poised to bolster overall functionality. A recent report has revealed a substantial decrease in Ethereum (ETH) reserves on major crypto exchanges like Binance and Coinbase, reaching levels not seen since 2016. This trend coincides with a surge in…
Anza, a collective of Solana-focused developers, has announced the measures it is taking to mitigate the congestion issues the network has been facing. Anza stated that it has made significant progress in tackling these problems and hopes to release patches next week. Currently, 70% of users’ transactions in Solana are failing. Solana Dev Collective Anza…
In the fast-paced world of technology, groundbreaking innovations continue to redefine how we interact with AI systems. Google, a pioneer in artificial intelligence and tech solutions, recently unveiled a revolutionary AI model named Bard at the Google I/O 2023 conference. This event marked a significant milestone in the evolution of conversational AI, introducing advanced capabilities…
A U.S. federal judge has endorsed the plea deal agreed upon between the U.S. government and Changpeng Zhao, the founder of Binance, widely known as “CZ.” Judge Richard Jones approved the plea in a recent court document, setting the sentencing for February 2024. U.S. Federal Judge Confirms CZ’s Plea Agreement On November 21, 2023, Binance concluded a…
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Bitcoin’s evolution is marked by pivotal events, and the halving is one of its most significant. Occurring approximately every four years, this phenomenon has a profound effect on the supply of new bitcoins entering the market. As we edge closer to the next halving, investors and miners are bracing for its impact. This article unpacks…
The latest figures reveal that on Dec. 9, 2023, at block height 820,512, Bitcoin experienced a 0.96% decrease in its difficulty rating. This decline marks the first since Sept. 19, 2023, interrupting a streak of six successive difficulty hikes. Concurrently, Bitcoin’s total hashrate has shown a downward trend over the last six days. Bitcoin Hashrate…
The PEPE price has increased since February, breaking out from horizontal and diagonal resistance levels. Has PEPE begun a new bullish trend that will take it to new highs, or is this just a relief rally? Let’s find out! PEPE Reclaims Resistance The technical analysis of the daily time frame shows that the PEPE price…
Bybit, a leading cryptocurrency exchange, announced that it will be listed on Clearpool’s (CPOOL) Spot trading platform. Bybit Introduces Clearpool (CPOOL) Listing on Spot Trading Platform The listing process for CPOOL on the Bybit platform will be as follows: CPOOL Deposit: Opening date 21 February 2024, CPOOL Listing: February 21, 2024, CPOOL Withdrawals: Available from…
