Bitwise Investments’ Chief Investment Officer, Matt Hougan, has shared his thoughts on Ethereum’s current state, highlighting that it’s not popular in the market right now. According to Hougan’s memo, the Ethereum-to-Bitcoin price ratio has fallen to its lowest in three years, with Ethereum flatlining on a year-to-date basis...
Pepe consolidates as Bollinger Bands signal potential breakout. The funding rates turn green as whales accumulate. Pepe [PEPE] has emerged as a memecoin with substantial potential for growth in Q4 2024. After a remarkable surge of over 1000% following its consolidation phase, PEPE has attracted significant attention. Initially trapped in a sideways market post-launch on the Ethereum blockchain, PEPE/USDT is now forming a triangle pattern. This consolidation, combined with tightening Bollinger Bands, suggests that a breakout could be imminent. Traders are preparing for a...
Everclear, the first Clearing Layer for web3, has launched on mainnet to solve liquidity fragmentation for modular blockchains, becoming the foundation of the Chain Abstraction stack. The mainnet will operate in beta for the first weeks. Everclear DAO is additionally introducing a novel vote-bonding token mechanism for its token NEXT. Chain Abstraction, the design pattern that simplifies the user experience of interacting with multiple blockchains, is getting traction, but it’s currently limited by a specific issue: bridges and their operators (solvers)...
Artificial Intelligence (AI) coins could be preparing to surge as Intel stock (NASDAQ: INTC) surged nearly 8% in extended trading hours on Monday. The...
Lucie, the marketing lead for Shiba Inu, has responded to concerns about SHIB’s token supply, sharing a strategy for the future. The latest statement has sparked optimism in...
XRP News: Whales continue to dominate headlines with recent massive transfers stirring market speculation. In a notable development, an unknown wallet has moved 95 million XRP, equivalent to...
Pavel Durov delivering a keynote speech in 2016. Photo by REUTERS/Albert Gea.
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