The recent approval of Bitcoin exchange-traded funds (ETFs) by the SEC sent jitters through the financial world. Initial concerns about fading demand seem unfounded as Bitcoin ETFs continue to shatter trading volume records. This is further bolstered by three consecutive sessions of net inflows into these investment vehicles. Bitcoin ETF Inflows Signal Long-Term Investor Appetite A […]
A widely followed trader is expressing bearish sentiment on a months-old memecoin built on Solana (SOL). The trader pseudonymously known as Bluntz tells his 253,400 followers on the social media platform X that dogwifhat (WIF) may be due for a correction. According to the pseudonymous trader who applies the Elliott Wave theory in his technical […]
Coinbase’s Layer 2 network – Base – has been dominating the L2 landscape. March has been particularly lucrative for the scaling solution gaining significant traction as a result of increased meme coin frenzy as well as airdrops in recent weeks. With approximately 890,000 daily active addresses, Base has yet again taken the lead, indicating a significant […]
Banking behemoth VanEck has valued Ethereum Layer-2 (L2) solutions at an astounding $1 trillion in a daring prediction, emphasizing the critical role that efficiency gains and scalability improvements will play in the development of blockchain technology. Ethereum Layer 2s Poised For Significant Increase In Valuation According to VanEck researchers, Ethereum Layer 2 scaling networks are […]
London, United Kingdom, February 26th, 2024, Chainwire Launching on OpenSea.io 1st March at 9AM PT ElmonX is proud to announced of the upcoming release of ‘The Scream’ by Edvard Munch. ElmonX, the digital collectibles platform, has unveiled a collaboration to launch one unique drop licensed by Bridgeman Images. The Scream, 1895 (litho), Munch, Edvard (1863–1944) […]
The Cardano (ADA) price is experiencing a notable decrease, dropping by 12% since the start of the week, with a 2.6% dip recorded today alone. Despite this, with a market capitalization of $20.27 billion, ADA maintains its position as the 9th largest cryptocurrency. This recent downturn comes amidst a broader crypto market experiencing mostly sideways […]
A widely followed analyst and trader is expressing bullish sentiment on one Ethereum (ETH) competitor while offering his forecast on gaming altcoin Beam (BEAM). The analyst pseudonymously known as Altcoin Sherpa tells his 213,800 followers on the social media platform X that the price of the native token of the layer-1 blockchain Solana (SOL) could […]
One Tesla owner might have found more use for his electric car prized asset beyond the road, judging by his recent revelations. A Tesla was used to mine $800 Ethereum A CNBC report has revealed that an owner of a 2018 Tesla Model 3, Siraj Raval, successfully mined around $800 worth of Ethereum around when […]
Singapore, Singapore, February 26th, 2024, Chainwire Aethir, a leader in decentralized GPU cloud infrastructure, has announced its highly anticipated Node Sale. Aethir is an enterprise-grade, AI and Gaming-focused GPU-as-a-service provider. Aethir’s decentralized cloud computing infrastructure enables GPU providers to connect with enterprise clients who need the raw power of NVIDIA’s H100 chips for sophisticated AI/ML […]
The Fantom (FTM) supply on exchanges has been rising in recent times, leading to speculations for what this might mean for the price of the cryptocurrency. Going by trends in the crypto market of when the exchange balances of a particular coin goes up, there might be some pain ahead for FTM investors. Fantom Supply […]
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