Web3 infrastructure provider Ankr has been accredited as a Remote Procedure Call provider to Ethereum Layer-2 scaling solution Optimism. This alliance names Ankr as an RPC provider that enables various applications to interact with 17 blockchains including Ethereum, BNB Chain, Solana, and Avalanche. Running RPC node infrastructure helps expand Optimism’s public RPC resources where significant hardware investments and technical proficiency are often seen as barriers to getting started…. Source link

A popular analyst is digging into the charts to set price targets for four crypto assets as the markets tumble. The pseudonymous trader known as Altcoin Sherpa tells his 177,300 Twitter followers that he’s looking at leading smart contract platform Ethereum with one-week candles, and that the $500 to $800 range a possibility if ETH capitulates at $1,000. “Some 1-week targets here. I think $1,000 is a solid short-term bottom for obvious reasons. $800 would be the next area up,… Source link

“Confidence in cryptos remains depressed and some traders are worried that Tether could suffer a similar fate as Terra’s UST stablecoin,” Edward Moya, a senior market analyst at Oanda, said. “Too many institutional crypto investors are down massively, and they are worried that if this part of the crypto ecosystem collapses, Tether will crash.” Source link

Bitcoin (BTC) has been unable to restore the $24,000 support since Celsius, a popular staking and lending platform, paused withdrawals from its platform on June 13. A growing number of users believe Celsius mismanaged its funds following the collapse of the Anchor Protocol on the Terra (LUNA; now LUNC) ecosystem and rumors of its insolvency continue to circulate. An even larger issue emerged on June 14 after crypto venture capital firm Three Arrows Capital (3AC) reportedly lost $31.4 million… Source link

Mehracki Token, $MKI, is a meme coin powering a robust utility and ecosystem. Many meme tokens follow the same route to maintain their viability in the crypto market. Mehracki was named after the truism of crypto minting and sought to invigorate the lost enthusiasm among crypto investors and users. Neo, formerly Antshares, is a blockchain protocol aimed at disrupting the crypto industry by introducing scalable smart money for digital assets. $NEO is looking to moon past its price range… Source link

TL;DR Breakdown Litecoin price analysis suggests an upwards movement to $50 The closest support level lies at $40 Litecoin faces resistance at the $45.53 mark The Litecoin price analysis shows that LTC has finally found support at the $40.00 mark, which has enabled the bulls to recover to the $44 mark. However, the bulls still face strong selling activity, making it hard for the price to recover.  The broader cryptocurrency market observed a bearish market sentiment over the last 24 hours as… Source link

Analyst who predicted the bear market of 2018 believes Bitcoin and Ethereum prices are very close to their bottom.  Kevin O’Leary of Shark Tank detailed his crypto holdings include Ethereum and scaling solution MATIC.  Analysts argue that a drop below $1,070 could push Ethereum prices lower.  The cryptocurrency analyst known for accurately predicting crypto bear markets believes Ethereum is close to printing cycle lows. Analysts believe Ethereum price could… Source link

Text size Crypto prices have plunged in recent days. Jack Guez/AFP via Getty Images Source link

Monero is a cryptocurrency based on the open-source CryptoNote protocol, designed to protect the anonymity of its users. As a cryptocurrency, Monero (XMR) has focused on making its wallets and transactions completely anonymous. With the goal of making private transactions accessible worldwide, Monero goes into direct competition with Bitcoin and other cryptocurrencies. private money — Photo by Dayne Topkin on Unsplash Monero Means MoneyPrivate, decentralized cryptocurrency that keeps your… Source link

Tomiwabold Olajide Polygon (MATIC), Tron (TRX) and Monero (XMR) posted larger losses compared to other altcoins Bitcoin fell to an 18-month low of $20,079 on June 15, amid weak macroeconomic sentiment and the risk of contagion from within the crypto market. Ether, the second largest crypto by market cap, suffered even greater losses than Bitcoin, trading down 10.49% at $1,069. Meanwhile, Bitcoin traded down 8.21%, save for stablecoins, Algorand and Basic Attention Token, which were up… Source link