bitcoin

What is Arbitrum? Speeding Up Ethereum Using Optimistic Rollups

The Ethereum network has a lot going for it—it’s decentralized, reliable, supports smart contracts written in a programming language familiar to many crypto developers, and is home to a thriving decentralized finance (DeFi) industry. However, Ethereum is also slow and expensive to use, and will remain so unless users opt to move to another blockchain (like Solana, Fantom or Avalanche), or until planned Ethereum upgrades speed things up within the next couple of years. While the world… Source link

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Rallies Could Pose New Sell Trap

In February, China came up with yet another crypto prohibition that soured Litecoin price predictions. Back then, the Chinese Supreme Court prohibited all forms of crypto fundraising and went a step further to criminalize the activity. Offenders now risk being sent to prison for ten years if they raise up to $8m under the new order. Lesser amounts raised may carry lesser sentencing, which could include fines. This latest prohibition heaped additional pressure on Litecoin and other… Source link

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Range Trading Continues in the Absence of Price Triggers

The Litecoin price prediction has not changed much from the last update. The price activity remains range-bound, primarily due to the same situation playing out on Bitcoin and in several other BTC-correlated assets. The initial bearish reaction to the Russian invasion of Ukraine has died out, and the markets continue to wait for the next big news that could propel some recovery on the LTC/USDT pair. Litecoin is coming off the MWEB upgrade, said to be the largest it has ever undertaken…. Source link

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Why the “Russian Ethereum” Is Trouncing Shiba Inu Right Now

You know how important Ethereum ( ETH 0.86% ) is when some refer to other cryptocurrencies as the “[fill in the blank] Ethereum.” That’s exactly what is happening with Waves ( WAVES -4.18% ). Some cryptocurrency enthusiasts have dubbed it the “Russian Ethereum.” Whatever nickname you want to give to Waves, there’s no question that it’s sizzling hot. Last year’s big winner, Shiba Inu ( SHIB 0.19% ), has fallen close to 30% over the past month. But Waves has soared more… Source link

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5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week struggling to preserve support as key macro changes appear on the horizon. In what could turn out to be a crucial week for Bitcoin and altcoins’ relationship with traditional assets, the United States Federal Reserve is set to be the main talking point for hodlers. Amid an atmosphere of still rampant inflation, quantitative easing still ongoing and geopolitical turmoil focused on Europe, there is plenty of uncertainty in the air, no matter what the trade. Add… Source link

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Abra CEO Bullish on Ethereum, Predicts ETH Could Hit $40,000 – Markets and Prices Bitcoin News

Abra’s CEO has predicted that the price of ether could reach $40,000. He’s more bullish on Ethereum than Bitcoin. “The use cases are through the roof,” said the executive. Abra’s CEO Predicts Ethereum Price The CEO of crypto trading platform Abra, Bill Barhydt, shared his thoughts on why he is more bullish about Ethereum than Bitcoin in an interview with CNBC Friday. He also predicts that the price of ether (ETH) could reach $40,000, a significant increase from the… Source link

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Ethereum 2.0 Won’t Be Faster, But It’ll Be Scalable

There’s been some coverage of recent comments by Ethereum creator Vitalik Buterin saying that the second-largest blockchain can’t get any faster than it is now. Which seems to contradict what he and all the other top developers on Ethereum 2.0 have been saying for years: That Ethereum 2.0 will be an order of magnitude more scalable than the current blockchain, which has been groaning under the weight of its own success for several years. See also: PYMNTS Blockchain Series: What Is… Source link

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Bitcoin-Banning Measure Seen Too Close to Call in Tomorrow's EU Parliament Vote – CoinDesk

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

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Litecoin’s will leave its near-term trend behind, but only after… 

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin’s (LTC) previous rally saw decent gains that halted at the $114-mark. This level corresponded with its trendline resistance (white). Since then, LTC has dipped below its Point of Control (POC, red). At press time, it was endeavoring to challenge its resistance. A convincing close above the $106-zone would provide LTC bulls enough thrust to… Source link

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