Ethereum’s network has taken a huge leap forward in scalability by completing the “Extend Base Rollup” milestone, paving the way for buckle trees and record expiration. According to a post on Warpcast by Vitalik Buterin, the Ethereum network has reached an important milestone in its scalability roadmap by successfully implementing “native rollup scaling.” These developments are a key component of Ethereum’s transition to a more scalable and efficient blockchain, which is essential to its long-term success and adoption. What’s next? Following this milestone, the Ethereum development community is targeting the integration of buckle trees and historical expiration. Verkle trees are…
Author: Crypto Flexs
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The Bitcoin market is experiencing a massive land grab. Driven by institutional interest and surging prices, investors are scrambling to get a piece of the digital gold rush. On March 13, Bitcoin reached a new all-time high of $73,750, shattering the previous record and sending shock waves through the financial world. Bitcoin open interest numbers explode This stratospheric rise coincides with a surge in open interest on Bitcoin futures contracts, an indicator of investor expectations about future price movements. According to cryptocurrency analytics firm SoSo Value, open interest has reached $34 billion, surpassing the high set during the 2021 bull…
London, UK, March 13, 2024, Chainwire Bitcoin Dogs has raised a whopping total of $10.6 million as it nears the final 48 hours of the pre-sale, after which the 0DOG token became publicly tradable. The ICO, the first token built on the Bitcoin blockchain, launched on February 14th. debuted with a product video that garnered thousands of views and achieved viral growth; 110,000 followers X has over 25,000 members, all within 30 days on Telegram. This outstanding response has been greatly enhanced by Bitcoin Dogs’ innovative use of the Bitcoin Ordinal Protocol, Bitcoin’s 2023 update that enables token issuance and…
Reactor Motors, an Ethereum NFT collection containing 8,888 images of luxury race cars, is being made into a film, the digital company announced late Thursday. The Reactor Motors film will be directed by veteran director Pierre Morel, who also directed Taken and Transporter 2.The Reactor Motors film tells the story of geophysicist Eva Mason, who discovered Reykium in an Icelandic volcano and created clean-energy race cars. Her Masonic discoveries attract the attention of an energy conglomerate who will do anything to get their hands on Raychium.Bundlie said Morel and his business partners were drawn to the knowledge behind Reactor Motors,…
Bitcoin price is looking to rise further above the $73,000 resistance level. BTC is preparing for a move towards $75,000 resistance in the near term. Bitcoin price is showing positive signs and is eyeing further upside above $73,000. The price is trading above $72,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) has a bullish trendline attached with support at $72,800. A break above the $73,450 and $73,500 resistance levels could continue the upward move for the currency pair. Bitcoin price sets new ATH Bitcoin price remained above the $72,000 level.…
On March 12, the Hong Kong Monetary Authority (HKMA) launched what is known as the Stablecoin Issuer Sandbox Agreement. The HKMA stated that applicants interested in establishing a stablecoin business in Hong Kong must have a sound business plan. The regulator also clarified that approval of the sandbox does not imply approval or support for (…). Source: Bitcoin.com Cryptocurrency Investment Risk Warning Cryptocurrency assets are highly volatile. Your capital is at risk.Do not invest unless you are prepared to lose all your money.This is a high-risk investment and you should not expect to be protected if something goes wrong. Read…
Ethereum’s Dencun upgrade yesterday appears to have delivered on its promise of reducing transaction costs at Layer 2.Major Layer 2 chains that have implemented Blob have seen dramatic reductions in average transaction fees.For the uninitiated, the upgrade brought a new transaction type to layer 2 called blob. These blobs act as new location points on the chain when posting information to Ethereum instead of the traditional “call data” method and provide a direct path to reduced fees.Data from the Optimism ecosystem, including OP Mainnet, Base, and Zora, as well as layer 2s such as zkSync and Starknet, all indicate that…
The founder noted that Cardano will use stake pools to test nodes. Some holders disposed of their ADA for self-administration, while others liquidated it. On March 12, Cardano (ADA) founder Charles Hoskinson posted on X that the project would be testing out Hyperfledge Firefly. Hyperfledge Firefly is an open source node designed to scale blockchains. But Hoskinson said the test: Not a guarantee Cardano will adopt supernodes. According to him, the project will test compatibility with the Stake Pool Operator (SPO), which is responsible for running nodes on the network. Scaling Cardano could enable more off-chain transactions and increase user…
BNB price is gaining bullish momentum above the $550 resistance level. The price is showing positive signs and may continue its upward trend above $650. BNB price rose by more than 15% and broke the $600 resistance zone. The price is currently trading above $580 and the 100 simple moving average (4-hours). On the 4-hours chart of the BNB/USD pair, there is a major bullish trend line forming with support at $598 (data source from Binance). The pair may continue to rise towards the $650 resistance zone or even $700. BNB price rebounds upward In our last BNB price prediction,…