Cryptocurrency analyst Elja on predict According to technical analysis, Ethereum (ETH) will reach a whopping $15,000 by 2025. The analyst claims that the current bearish sentiment in the cryptocurrency market is “temporary.” Moreover, Elja points out that the second most valuable coin by market capitalization follows a similar fractal pattern that fueled major price gains prior to 2021. ETH to $15,000 | Source: Elja on X Despite its current consolidation, is Ethereum ready to be torn apart? Sharing a screen of the current ETH price movement, Elja said that most people in the cryptocurrency industry are short-sighted and only focus…
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Bitcoin price is targeting an upward breakout above the $40,500 resistance level. BTC bulls may face strong resistance near $40,850 and $41,350. Bitcoin price is attempting to recover from the $38,500 support zone. The price is trading just above $40,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), there is a significant bearish trendline forming with resistance near $40,250. The pair may struggle to break above the $40,400 and $40,500 resistance levels. Bitcoin price rise reverses Bitcoin price remained above the $38,500 support zone. BTC has formed a base and…
The Pokémon Company has launched an investigation into allegations of plagiarism against Pocket Fair’s survival game Palworld. This move comes as a surprise to many considering the game’s surprising commercial success, surpassing Pokémon Legends: Arceus sales by selling 8 million copies. The controversy began with accusations from several quarters that Palworld had striking similarities to the Pokémon series. In response, The Pokémon Company released a statement expressing concerns about unauthorized use of intellectual property on Palworld. They emphasized that no permission was granted for such use and emphasized their commitment to protecting the Pokémon brand and its world. The nature…
Ethereum has evolved into an important player in the digital currency landscape, offering fast transactions and enhanced privacy. Now is your ticket to a blackjack adventure like no other. We will guide you through the entire process of playing blackjack with ETH, from acquiring this digital currency to choosing a reputable currency. Ethereum Blackjack Casino One that suits your gaming preferences. Discover the nuances of digital wallet security and get a glimpse of the advantages Ethereum brings to the blackjack table compared to traditional currencies.Additionally, we will explore the different types of Ethereum blackjack games that promise excitement and entertainment…
Considering that cats have essentially ruled the internet for the past two decades, is it really any surprise that cat memes have finally taken over the Bitcoin space as well over the past few weeks? Cats are the most prevalent meme on the internet, so it’s not the least bit shocking that Taproot Wizards resorted to an enhanced cat while trolling Luke about his “dietary choices.” But the question must be asked. Do meme campaigns really want to be the way we decide and discuss consensus changes to a protocol as valuable as Bitcoin? I’ve seen a lot of music…
(Webinar) Understanding Breakthrough Innovations Advancing the Blockchain Gaming Environment – Chainwire housenewsroom(Webinar) Understanding breakthrough innovations that advance the blockchain gaming landscape We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary…
Posted 1 minute ago In ~ Cryptocurrency exchange Kraken announced two strategic hires on Thursday, saying they will help position the company “for continued growth amid an evolving global regulatory environment.”The first to join is Gilles BianRosa, who will serve as Chief Operating Officer (COO) and Chief Product Officer (CPO), reporting to David Ripley, CEO of the exchange. BianRosa previously held CPO positions at European neobank N26, audio platform SoundCloud, and technology company Samsung Electronics. Marcus Hughes will take on the role of head of global regulatory strategy at Kraken after serving as European managing director and general counsel for…
EF is pleased to announce the results. Medalla Data ChallengeData hackathon focused on the Medalla testnet ✨ The prompts were open-ended. We asked for data tools, visualizations, and analysis of testnet data. In other words, anything that helps the community make sense of all that data. Over the course of six weeks, we received 23 submissions from a variety of teams. We were delighted to see such high quality submissions across all categories. Products are divided into three tiers based on scope, scalability, and usefulness to the community. 🥇 Gold ($15,000 prize) Jim McDonald — chains, a tool that extracts…
Solana is attempting a recovery in the $80 region. SOL price may struggle to clear the $92 and $94 resistance levels in the near term. SOL price started a new decline from the $104 resistance against the US dollar. The price is currently trading below $95 and the 100 simple moving average (4-hours). On the 4-hours chart of the SOL/USD pair, a breakout occurred above the main bearish trendline with resistance at $85.00 (data source from Kraken). Failure to clear the $92 or $94 resistance levels could start another downtrend for the currency pair. Solana Price Faces Major Hurdle Solana…
The International Energy Agency (IEA) issued a stern warning, saying that cryptocurrencies and artificial intelligence (AI) currently account for nearly 2% of global electricity consumption. However, this figure is likely to double in the next few years. The explanation is that the fast-growing cryptocurrency industry is contributing to a surge in energy consumption by increasing the number of data centers around the world. Electricity consumption expected to double with cryptocurrency and AI In a comprehensive 170-page report, the IEA details the various factors affecting the potential increase in power consumption from cryptocurrencies and AI over the next few years. The…