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…
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…
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…
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…
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 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…