The layer two platform Linea has teamed up with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to offer developers a more secure and seamless environment for creating decentralized applications. This collaboration seeks to overcome common issues like cross-chain security and scalability. Linea Expands Ecosystem With Chainlink’s CCIP Linea, an Ethereum layer two (L2) network, recently shared news…
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Amid the Bitcoin gradual recovery in price, the asset seems to have been experiencing an interesting market trend lately, suggesting a shift in its supply distribution. According to a CryptoQuant analyst, who goes by the pseudonym ‘IT Tech,’ BTC’s recent price fluctuations have led to short-term holders (STHs), labeled as “weak hands,” exiting the market,…
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South African crypto exchange Luno has partnered with Zapper to enable crypto payments at over 31,000 merchants. This partnership aims to expand crypto’s use beyond investment and into daily transactions. The partnership is part of a broader trend in South Africa, with other exchanges like Valr and supermarkets like Pick n Pay also accepting crypto…
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Bitcoin Betting is launching its cutting-edge DeFi app, designed for sports betting and prediction markets. The app targets semi-professional sports bettors who value privacy, high limits, great odds and peace of mind, knowing that their funds are secure and can always be withdrawn within seconds on the Ethereum blockchain. With no KYC requirements, identity management…
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Bitcoin price struggled to continue higher above the $64,400 level. BTC is correcting gains and trading near the $62,500 support zone. Bitcoin is holding gains above the $62,500 zone. The price is trading above $62,500 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at…
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The cryptocurrency market is gearing up for a major event as Optimism (OP), Aptos (APT), and Taiko (TAIKO) prepare for token unlocks collectively valued at $169.66 million. According to data from TokenUnlocksApp, millions of dollars worth of cryptocurrencies will flood various ecosystems this week, which could further amplify the prevailing selling pressure. Of these cryptocurrencies,…
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Ethereum (ETH) currently trades approximately 11% below its local highs of around $2,730. Investors are optimistic about a potential price surge in the coming days, driven by encouraging on-chain data. Key metrics from Glassnode indicate a decline in ETH inflows into exchanges, suggesting that investors are holding onto their assets rather than selling. This trend…
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While Bitcoin has been unable to break past the $70,000 price mark for over 2 months now, the asset has made efforts to remain above the $60,000 mark. Amid this maintenance above the $60,000 price level, analysts have continued to speculate on BTC’s future trajectory especially when the asset would make the play out of…
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Ethereum price extended its increase above the $2,500 zone. ETH is now correcting gains and might find support near the $2,400 zone. Ethereum started a downside correction from the $2,520 zone. The price is trading below $2,450 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support…
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Renowned economist Jim Rickards explained that buying gold to back the dollar would restore confidence in the currency, avoiding a long-term decline. He stated that the currency should not be taken for granted, as new forms of money like crypto will step in as old money fails. Jim Rickards: Treasury Should Buy Gold to Avoid…
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