Author: Digicoinvision
Join Our Telegram channel to stay up to date on breaking news coverage BitMEX co-founder Arthur Hayes says Ethereum (ETH) could soar up to $20K this cycle, fueled by buying from Ethereum treasury firms and “absolutely insane” US money printing. CryptoBanter co-founder Ran Neuner asked Hayes in an interview if he thinks ETH will drop to $3K before it goes on to set a new all-time high (ATH) or if another scenario will play out. “The chart says it’s going higher,” he said. “I think ETH goes ten, twenty thousand before the end of this cycle. Once it’s broken through…
As Bitcoin (BTC) stalls near the $113,000 level, Ethereum (ETH) continues to show strength, highlighting a clear divergence in price action between the top two cryptocurrencies by market cap. This contrast has some investors considering a rotation from BTC into ETH to capture the latter’s bullish momentum. Bitcoin Shows Correction Risks – Is ETH Safe? According to a CryptoQuant Quicktake post by contributor XWIN Research Japan, on-chain data reveals underlying weakness in BTC price action. By contrast, ETH is displaying notable resilience even as broader crypto market momentum fades. Related Reading Currently, Bitcoin’s exchange reserves are hovering around 2.53 million…
The latest version 0.4.25 release of Solidity fixes two important bugs. Another important bug has already been fixed in version 0.4.22 but it was only discovered recently that the bug existed. Note that the Ethereum Foundation runs a bounty program for the code generator part of Solidity. Cleanup of Exponent in Exponentiation Likelihood of occurrence: very lowExploitability: highDiscoverability by tests: lowFixed in version: 0.4.25 Summary: Using short types in the exponent of an exponentiation operation can lead to invalid results. The Solidity language allows integer types that are shorter than 256 bits, even though the Ethereum Virtual Machine only knows…
Key Takeaways ZEC surged over 10% over the last 24 hours, shifting its market dynamics from bearish to bullish. The token’s Open Interest has hit its highest level since July, signaling fresh institutional activity that could sustain momentum. Zcash [ZEC] has broken into the spotlight today, climbing more than 10% in the past 24 hours, at press time. This rally is particularly significant as it shifts the token’s daily chart from a bearish trend to a more bullish structure. The upward momentum was triggered after prices rebounded from a key demand zone, which aligned with a Fibonacci retracement level—adding strength…
Cardano’s price is caught in a tight range, holding above key support while facing resistance overhead. With momentum weakening, will ADA break higher or slide back toward lower levels in its next decisive move? Bearish AB=CD Pattern Completed With Rejection At $0.95 Alpha Crypto Signal, a crypto analyst on X, recently shared insights on Cardano’s price action, noting that ADA has just completed a bearish AB=CD pattern on the daily timeframe. The rejection around the $0.95 level confirms this setup, suggesting that the market may be preparing for a corrective move. Such harmonic patterns often signal exhaustion in the preceding…
The total US dollar-pegged stablecoin market is projected to swell to $1.2 trillion by 2028, spurred on by comprehensive crypto regulations in the United States, according to crypto exchange Coinbase.Coinbase said the projections mean the US Treasury issuance would have to be $5.3 billion per week over the next three years to satisfy demand from stablecoin issuers, who use short-term US Treasury bills as backing collateral for their digital fiat tokens.Projection of stablecoin market cap by 2028. Source: CoinbaseThis issuance schedule would cause a minor and temporary drop in three-month Treasury yields of about 4.5 basis points (BPS), contrary to…
Key takeaways:Ethereum has rebounded by over 250% from its April lows.Fed Chair Jerome Powell’s dovish stance is fueling the ETH price rally.Bitcoin’s crypto market share has dropped below 60% for the first time since March. Ethereum’s native token, Ether (ETH), reached a new record high on Friday, crossing above $4,867 on Coinbase for the first time since November 2021.Ether price is up 250% since April ETH jumped by around 14% on Friday, just as Federal Reserve Chair Jerome Powell raised the odds of a 25 basis point interest rate cut in September. That brought ETH’s gains to over 250% when…
A wave of optimism from Jackson Hole swept through digital asset markets, with Ethereum price leading the charge. The second-largest cryptocurrency by market cap surged over 14%, bringing its historical $4,891 all-time high firmly into view. Summary Ethereum surged over 14% to $4,820 after Fed Chair Jerome Powell hinted at potential rate cuts. Trading volume jumped 95% in 24 hours, surpassing Bitcoin’s volume and pushing ETH close to its 2021 all-time high. The move sparked broader crypto market optimism and institutional interest, reflected in ETFs and equity-linked shares. According to crypto.news data, Ethereum (ETH) surged over 14% on August 22,…
Large Cardano (ADA) holders have been quietly building positions this month, with crypto on-chain watcher Ali Martinez tweeting that “150 million Cardano $ADA accumulated by whales in the last 2 weeks!” This wave of accumulation arrived as ADA traded in the low-to-mid $0.80s this week, with CoinGecko’s live feed showing the token around $0.83 today. The price action over the preceding days featured choppy intraday swings, but market participants say the recent whale buying has helped shore up near-term support. Large addresses have been adding tens to hundreds of millions of ADA across exchanges and private wallets. Experts tie the…
Bitcoin surged 5% (about $5,000) following Jerome Powell’s remarks at the Federal Reserve’s annual Jackson Hole symposium, igniting fresh momentum in a bull market that has been quietly grinding higher since early 2024. For much of this cycle, bitcoin’s rise has come against a headwind of monetary tightening. The story of this bull run began when BlackRock filed its spot Bitcoin ETF application in June 2023, which marked the institutional green light for Bitcoin adoption. Since then, despite persistent inflation concerns, rate hikes and constant talk of “higher for longer,” Bitcoin has continued to march higher, shaking off the macro…