3 key Bitcoin price metrics hint at BTC gains above $48K
    10 Feb 2024
    280 Views

    Bitcoin price is up 6.28% over the last 24 hours and hit an intraday high at $48,200 on Feb. 9. Technical indicators, rallying spot Bitcoin exchange-traded fund (ETF) shares and on-chain data show that Bitcoin has the strength to revisit the post-Bitcoin ETF approval high above $49,000. Traders say the Bitcoin SuperTrend indicator shows a rare buy signal…

    Ethereum network strength, macroeconomic factors back ETH’s rally to $2.5K
    10 Feb 2024
    332 Views

    Ether price witnessed a 10% price increase in the first nine days of February, breaking above $2,450 for the first time in three weeks. This movement was aligned with the broader cryptocurrency market’s bullish momentum and significantly influenced by the macroeconomic environment. Despite the reasons behind Ether’s rally, investors are growing more bullish as deposits on…

    Arthur Hayes says ‘points’ better than ICO, yield farming for crypto adoption
    10 Feb 2024
    327 Views

    Former BitMEX CEO and Maelstrom chief investment officer Arthur Hayes has published a blog post arguing the case for “points” as a better alternative to initial coin offerings (ICOs) and yield farming when it comes to crypto fundraising and engagement. “Points Guard” is an essay on the new pseudo-ICO crypto fundraising and engagement method. If you don’t…

    Metaverse en route from ‘era of hype’ to ‘pillar’ in Middle East
    09 Feb 2024
    347 Views

    While the hype surrounding the metaverse may be away from its peak back in 2021, an executive believes it lives on, with governments in the Middle East capitalizing on the technology to boost their economies. At the Arte Talks event held at the Theatre of Digital Art in Dubai, Cointelegraph spoke with Samuel Huber, the…

    Polygon develops open-source prover, allowing Ethereum chains to become ZK layer 2s
    09 Feb 2024
    361 Views

    Ethereum scaling protocol Polygon has developed a new Type 1 prover allowing ecosystem chains like optimistic rollups to unlock zero-knowledge proof (ZK-proofs) layer-2 functionality. Polygon co-founder Brendan Farmer spoke exclusively to Cointelegraph after Polygon announced that its next-generation Polygon zkEVM Type 1 prover will be available as open source to Ethereum ecosystem participants. Farmer said…

    Abu Dhabi financial center partners with Solana to expand DLT projects
    09 Feb 2024
    384 Views

    Abu Dhabi Global Market (ADGM) has signed a memorandum of understanding with the Solana Foundation to advance the development of distributed ledger technology (DLT). The partners did not announce any specific measures but will explore opportunities for development within ADGM’s DLT Foundations Regulations. ADGM and Solana will look to expand the international financial center’s existing…