Author: Digicoinvision

We would like to congratulate the Ethereum community on a successfully completed hard fork. Block 1920000 contained the execution of an irregular state change which transferred ~12 million ETH from the “Dark DAO” and “Whitehat DAO” contracts into the WithdrawDAO recovery contract. The fork itself took place smoothly, with roughly 85% of miners mining on the fork: You can see ongoing fork progress here. EthStats shows Go, Java and Parity (Rust) nodes successfully synchronized to the fork chain. The recovery contract is already returning DAO token holders’ ether; about 4.5 million ETH has been sent to DAO token holders, and…

Ondo (ONDO), the native token of ONDO Finance, is currently consolidating near major technical levels, as market analyst Ali Martinez anticipates a possible breakout from its established price range. Since mid-last month, ONDO has been undergoing a significant correction, indicating the altcoin is currently in the distribution phase. Ali spotted key resistance levels for the asset and shared insightful analysis on it. ONDO Facing Key Resistance Wall at $1.15 The analyst identified the $1.15 threshold on the weekly timeframe as the peak of an almost six-week horizontal channel, as indicated in the chart above. According to Ali, the asset could…

Key points:Bitcoin risks falling into the $105,000 to $100,000 range over the weekend.Ether has pulled back in the near term, but remains above the crucial $4,094 support.Bitcoin (BTC) dropped near $108,100 on Friday, its lowest level since July 8. That suggests the bulls are losing their grip. Veteran trader Peter Brandt said in a post on X that BTC needs to climb back above $117,570 to “discount the past 7 weeks as a possible double top.”Despite the near-term weakness, network economist Timothy Peterson sounded bullish on BTC’s prospects for the rest of the year. In a post on X, Peterson…

Join Our Telegram channel to stay up to date on breaking news coverage Kaito Leaderboard continues attracting crypto and non-fungible token projects, which are seeking platforms to grow their communities. The leaderboard system transforms passive crypto and non-fungible token investors into active participants by introducing elements of competition and recognition, motivating users to engage deeply with a project. Doodles is the latest NFT project to join the Kaito Leaderboard. Doodles Taps Kaito AI For An NFT Leaderboard In an August 29 blog post, wale.moca, one of the popular crypto and non-fungible token analysts with 168K followers on X (formerly Twitter),…

Solana is currently breaking above an Ascending Triangle that could set a target of around $300, according to a cryptocurrency analyst. Solana Is Breaking Out Of An Ascending Triangle In a new post on X, analyst Ali Martinez has discussed about a triangle technical analysis (TA) pattern forming in the 12-hour price of Solana. The pattern in question is an “Ascending Triangle,” which appears whenever an asset’s price consolidates between two converging trendlines. The special feature of the formation is that the upper trendline is parallel to the time-axis, while the lower one is sloped upward. This means that as…

Pudgy Penguins’ native token slipped on Friday despite the project’s new title ranking among Apple’s top downloads.The PENGU (PENGU) token fell by nearly 4% on Friday, following the launch of Pudgy Party, a battle royale game released on Android and iOS, regardless the game recording over 50,000 downloads on the Google Play store and landing in the top 10 most downloaded games on Apple’s App Store.Pudgy Penguins is a popular non-fungible token (NFT) project in the crypto space. The project supplements its onchain digital presence with trading cards, plushy penguin-themed toys, video games and other physical merchandise.According to CoinMarketCap, the…

Bitcoin remains under pressure after sliding from its all-time high above $124,000 earlier this month. At the time of writing, the asset trades at $110,219, reflecting a weekly decline of about 2% and a broader drop of more than 10% from its peak. Despite the correction, analysts continue to examine on-chain data for signs of the market’s next direction. Among the latest insights, CryptoQuant contributor CryptoOnchain highlighted the significance of the MVRV (Market Value to Realized Value) Price Bands, a long-observed metric used to assess market cycles. According to the analyst, Bitcoin’s current positioning above key support bands suggests the…

Stablecoin issuer Tether has abandoned its plan to freeze USDT smart contracts on five chains, saying the tokens will remain transferable but no longer be issued or redeemed.The revised plan impacts users on Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand, Tether said on Friday after receiving feedback from members of these ecosystems. “Following the feedback from the communities of these discontinued blockchains, Tether has revised this approach and will not freeze the smart contracts on these networks.”While users will still be able to transfer tokens on these blockchains, Tether is discontinuing direct issuance and redemption on these chains.…

Stablecoin issuer Tether has abandoned its plan to freeze USDT smart contracts on five chains, saying the tokens will remain transferable but no longer be issued or redeemed.The revised plan impacts users on Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand, Tether said on Friday after receiving feedback from members of these ecosystems. “Following the feedback from the communities of these discontinued blockchains, Tether has revised this approach and will not freeze the smart contracts on these networks.”While users will still be able to transfer tokens on these blockchains, Tether is discontinuing direct issuance and redemption on these chains.…

Bitfinex-backed Plasma announced a strategic partnership with EtherFi on Aug. 29, positioning the stablecoin-focused neobank as a day-one launch partner for the blockchain’s mainnet beta.EtherFi will transfer over $500 million from its Ethereum (ETH) staking vault to Plasma’s platform, providing liquidity for stablecoin-backed yield strategies.The collaboration integrates EtherFi across Plasma’s DeFi ecosystem, providing users with additional collateral options for lending and borrowing while offering access to ETH-backed yield products.Plasma’s announcement emphasized how the partnership complements both platforms’ objectives in the stablecoin infrastructure space. The protocol stated:“Stablecoins give everyone, everywhere permissionless access to the financial service of saving money safely and…