Bitcoin (BTC) noted a low range test on May 8 as analysis complained of “boring” after the halving.BTC/USD 1-hour chart. Source: TradingViewBTC price falls to the bottom of the range.Data from Cointelegraph Markets Pro and TradingView showed BTC price momentum heading toward $62,000 during the Asian session.Bitcoin managed a bounce above $65,500 a day ago, and a subsequent 5% retracement kept BTC/USD in a firm range from before the weekend.With a daily close of around $62,300, BTC/USD is increasingly at risk of giving back more of its recent gains.“A daily close below $62,100 or a prolonged period of inactivity is…
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Space mining sounds ridiculous, but it’s actually not as ridiculous as you might think. That’s right. Developing, building, and rolling out the necessary infrastructure will be a massive effort costing trillions of dollars. But it’s worth it. Researchers have discovered an asteroid called 16 Psyche that justifies the cost and effort. According to estimates, the value of the metals that make up asteroids could be as high as $1 trillion (15 zeros). Embark on an adventure to explore the benefits of space mining. OOF The Goldmine Planet Slots from BGaming. ticket to space OOF Goldmine Planet slot is a 5-reel…
LocalMonero, one of the largest P2P centralized platforms for XMR trading, is shutting down its services due to a global crackdown on privacy-focused tokens. LocalMonero, a centralized peer-to-peer marketplace for trading Monero (XMR), said it was shutting down its services due to “internal and external factors.” In a May 7 blog post, the platform said users would be able to conduct transactions until May 14, after which new transactions would be disabled. Additionally, the platform has suspended new registrations and withdrawals remain open until November 7. LocalMonero also warned that funds not claimed after the deadline “may be considered abandoned/forfeited.”…
Lukas Konrad, Vice President of Bitpanda, says the European Union’s commitment to regulatory clarity is translating into adoption. The Raiffeisen partnership, which launched a few months ago for clients in the capital Vienna, has seen a 10% adoption rate, with purchases mainly made by new investors. He said large cryptocurrencies such as Bitcoin or Ethereum tokens are needed.
Bitcoin price failed to break the $65,500 resistance level. BTC is currently in a downward trend and is showing some signs of weakness below the $63,500 level. Bitcoin began a new downward correction and was trading below $63,500. The price is trading below $63,350 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a break has occurred below the main bullish trendline with support at $63,700. The pair may extend losses and revisit the $60,000 support zone in the near term. Bitcoin price rejects $65,500. Bitcoin price continued its upward trend…
Ethereum co-founder Vitalik Buterin, along with co-authors Sam Wilson, Ansgar Dietrichs, and Matt Garnett, proposed Ethereum Improvement Proposal (EIP) 7702 as an alternative to EIP-3074, with the goal of improving account abstraction on the Ethereum network.EIP-7702 proposes a new transaction type that allows an Externally Owned Account (EOA), which is a regular Ethereum account address, to temporarily function as a smart contract wallet during a transaction, with its original state later restored.EIP-7702 serves as a new alternative to EIP-3074 (which was previously considered for inclusion in a future Pectra upgrade). But now Uniswap founder Hayden Adams has added quantum resistance…
Kuala Lumpur, Malaysia, May 8, 2024, ChainwireAwepay.io, a digital payment technology provider known for its early pioneering of financial technology for mainstream and alternative merchant sectors in Southeast Asia, has been welcomed as the newest corporate member of Bitfinex Pay, an emerging payment gateway that allows users to make payments online. They offer goods and services using various cryptocurrencies that are popular today.The agreement, which became official on April 8, 2024, allows Awepay.io to accept the most popular cryptocurrencies, including but not limited to Bitcoin, Lightning, Ethereum, and Tether stablecoins, into mainstream retail as a form of payment for products.…
Polygon Miden has been released on testnet. Miden promises to deliver new use cases with a combination of features suited to privacy and high throughput use cases. According to the CEO of Polygon (MATIC) Labs, this may be the team’s most ambitious project yet. Polygon Miden is inching toward full release.After more than two years of development, the developers have released the ZK Rollup on testnet, allowing users and developers to interact with some new features that are not feasible in other EVMs. How does Miden differentiate itself from other ZK rollups, including Polygon zkEVM?Home for privacy-preserving and high-throughput applicationsIn…
join us telegram A channel to stay up to date on breaking news coverage meme token They often trade at low prices, allowing traders to accumulate significant quantities. We will examine some of these tokens and the tangible returns they offer investors. Our main focus in this article is to evaluate the performance of Snek, 404Aliens, and PepeFork. The overall market capitalization of meme coins has surpassed $50 billion, which is consistent with the market’s positive outlook. Meanwhile, Dogeverse achieved a significant milestone by raising over $13 million. Investors still have one last chance to participate before the DEX launches.…
Share this article Grayscale, a leading cryptocurrency asset manager, is changing its rules for the Securities and Exchange Commission (SEC) for its Ethereum futures exchange-traded fund (ETF), citing multiple delays from federal regulators since its initial filing in September 2023. I withdrew my application.The withdrawal notice filed Tuesday did not provide specific reasons for Grayscale’s decision to abandon plans for the Grayscale Ethereum Futures Trust ETF. The SEC has postponed its review of the proposal several times, most recently on March 22, after previously extending the review period on November 15 and December 18.Bloomberg analyst James Seyffart described the move…