Ethereum layer-2 ZKsync faces scrutiny from Solana co-founder cryptoslate.com 13 September 2024 15:43, UTC Solana co-founder Anatoly Yakovenko has criticized the Ethereum layer-2 network ZKsync because it still operates like a multisig system despite claims of community-led governance. In a post on X (formerly Twitter), Yakovenko argued that the same “honest majority” assumptions apply…
IOHK Releases Key Updates, as Cardano Hits 96M Transactions thecryptobasic.com + 1 more 13 September 2024 15:53, UTC Input Output, the technology company behind the Cardano blockchain, has shared its latest weekly development report, highlighting significant progress in various areas of the ecosystem. The report, revealed today, spotlights scaling initiatives, governance updates, ongoing efforts…
Here’s How Soon Bitcoin Could Crack $173K Peak: Insights from Historical Patterns thecryptobasic.com 13 September 2024 15:56, UTC Egrag Crypto, a prominent market analyst, recently reiterated his positive outlook for Bitcoin, predicting a new all-time high of $173,000. He draws parallels with previous market cycles, emphasizing the significance of Bitcoin’s performance around the Fib…
Bloomberg Strategist Expects Bitcoin to Drop Against Gold Amid Shift from Risk Assets thecryptobasic.com 13 September 2024 15:57, UTC Bitcoin may be experiencing a decline against more stable assets such as gold as investors shift appetite from risk assets amid economic uncertainties. Bloomberg’s senior commodity strategist, Mike McGlone, recently suggested that Bitcoin could experience…
Bitcoin Price Nears $60,000 as Traders Anticipate Jumbo Rate Cut decrypt.co 13 September 2024 17:48, UTC The price of Bitcoin rose Friday, hitting its highest mark since the start of September as traders grew more confident that the Federal Reserve’s upcoming meeting would yield a jumbo-sized rate cut. With Bitcoin’s price nearing $60,000—reaching as…
Latin American Crypto Exchange Ripio Unveils DeFi Credit Card With Visa coindesk.com 13 September 2024 15:59, UTC Ripio announced a DeFi credit card in partnership with Visa, with which it introduced a prepaid debit card in 2022. Users will be allowed to use up to 30% of the amount locked in a Compound-based liquidity…
Analytics Company Reveals the Level at Which It Expects Bitcoin Price to Plummet and Find a Bottom en.bitcoinsistemi.com 13 September 2024 21:22, UTC Cryptocurrency analytics platform Alphractal has identified $46,460 as a potential new price floor for Bitcoin in the near future. The platform explained in a statement that this figure represents the “Real…
